Reports Q3 revenue C$138.441M vs C$175.086M last year. “The third quarter showed strong progress in our build-out of Telesat (TSAT) Lightspeed, our state-of-the-art Low Earth Orbit constellation,” commented Dan Goldberg, Telesat’s President and CEO. “During the quarter, we concluded our funding arrangements with the governments of Canada and Quebec, securing the financial resources necessary to fund the global Telesat Lightspeed network. Telesat Lightspeed will revolutionize broadband connectivity for enterprise and government users and represents a highly compelling growth and value creation opportunity for Telesat and its stakeholders.”
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