Telesat Corp（TSAT）資訊與事件TSATTelesat Corp

Telesat Reports Q2 Revenue of $79.49M, Signs $2.7B Contract

Reports Q2 revenue $79.49M, consensus $79.7M. "It's been an eventful past few months for Telesat and I'm very pleased with the rapid progress the company is making and the strong traction we're seeing with customers for Telesat Lightspeed," commented Dan Goldberg, Telesat's President and CEO. "In our LEO business, the most significant highlight was the announcement last week that we signed a $2.7 billion contract, including option periods, with the Government of Canada under the ESCP-P program to deliver secure Military Ka-band Arctic connectivity to the Canadian Armed Forces. As a result of this initial ESCP-P contract, we announced the expansion of the Telesat Lightspeed satellite constellation to 225 satellites, a 44% increase over our prior plan, which positions us to accelerate the growth of our LEO business while serving the evolving and mission critical requirements of defence and commercial customers. Telesat Lightspeed is fully funded and we remain on track to commence global commercial service around the end of Q1 2028."

MDA Space Signs $474M Contract with Telesat

MDA Space (MDA) will be supplying Telesat LEO ULC, a division of Telesat (TSAT), with additional MDA AURORA next-generation broadband satellites, coinciding with the operator's expansion of the Telesat Lightspeed low Earth orbit constellation. Telesat is expanding its LEO constellation by 69 satellites, bringing the total number of fully funded satellites from 156 to 225. For MDA Space, this represents an increase of 27 satellites to the previously announced 198 satellites being manufactured for the Telesat Lightspeed LEO constellation. As a result, MDA Space has increased the total value of the contract by $474M. The Government of Canada announced that MDA Space will serve as the prime contractor responsible for end-to-end mission delivery and that negotiations to advance the definition and development of the UHF and X-band services are underway. Contract details will be disclosed once finalized. Telesat will serve as a subcontractor to MDA Space on this component of the program. The majority of the increase in contract value of $474M will be added to the company's backlog in Q3 as some long-lead-time items were previously added.

Telesat GEO Receives FCC Approval for $189M Incentive Payments

Telesat GEO, a subsidiary of Telesat, is preparing to execute its Upper C-band transition plan following the U.S. Federal Communications Commission's adoption of its Upper C-band Report and Order. The order establishes the framework for repurposing 160 MHz of Upper C-band spectrum in the contiguous United States for next-generation terrestrial wireless services. As set forth in the FCC's order, Telesat GEO Inc. is eligible to receive $189M in incentive payments, contingent upon meeting the specified transition deadlines. The order also confirms reimbursement of reasonable and necessary transition costs as approved by the clearinghouse.