Canadian government invests $1.44 billion in Telesat´s Lightspeed

The Canadian government invests $1.44 billion in Telesat to support its new LEO Lightspeed constellation. The government provides a loan …
Canadian government invests $1.44 billion in Telesat´s Lightspeed

The Canadian government invests $1.44 billion in Telesat to support its new LEO Lightspeed constellation. The government provides a loan of $790 million and makes a $650 million preferred equity investment in Telesat Lightspeed, Telesat said. In return, Telesat commits to invest in Canada and create hundreds of high-quality jobs.

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