Full-Time
Provides satellite capacity and consulting services
No salary listed
Ottawa, ON, Canada + 1 more
More locations: Bethesda, MD, USA
Hybrid
Bachelor's
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Telesat operates a global satellite communications network, providing satellite capacity and consulting to governments, telecom operators, and enterprises. It uses both geostationary (GEO) and low Earth orbit (LEO) satellites, including the Lightspeed LEO constellation, to deliver wide-area connectivity. Services include inflight and maritime connectivity, as well as connectivity for oil and gas and corporate networks. Revenue comes from long-term contracts and service agreements. Its Lightspeed network aims to offer high-speed, low-latency links, enhancing overall performance. The company differentiates itself by combining GEO and LEO assets and by offering end-to-end connectivity solutions through a mix of satellite capacity and advisory services, targeting a diverse set of industries worldwide. The goal is to provide reliable, global communications with predictable service through long-term customer relationships.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Ottawa, Canada
Founded
1969
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Remote Work Options
Hybrid Work Options
Telesat's subsidiary has secured a C$2.3 billion, 15-year Arctic connectivity contract under Canada's Enhanced Satellite Communications Project. The agreement will fund 69 Lightspeed satellites. The announcement follows strong stock performance, with shares gaining 44.44% over seven days and 85.46% year-to-date. The stock now trades at $54.08. Telesat currently operates at a loss of $185.31 million on revenue of $388.27 million. The company's price-to-sales ratio stands at 3x, above peer and US telecom industry averages of 1.9x and 1.4x respectively. However, Simply Wall St's regression model suggests a fair P/S ratio of 6.9x, indicating potential upside if forecast revenue growth materialises. The contract prompted a special investor call.
Universal ConnectivityDefenceFirst RespondersTelesat Government Solutions
Telesat has invested $5 million in Farcast to develop integrated User Terminals for the Telesat Lightspeed satellite network. Farcast will deliver a Flat Panel Antenna User Terminal integrated with the Telesat Lightspeed modem, with production planned for 2027. Telesat will also join Farcast's board. Farcast's technology offers reduced Size, Weight, Power, and Cost, enhancing Telesat's value proposition. Farcast is raising a $10 million Series Extension to support commercial manufacturing.
Telesat secures $2.54B funding for Lightspeed satellite project, aiming to bridge global digital divide. Learn how this Canadian-backed initiative plans to expand internet access and create jobs, with launches set for 2026.
The federal government has agreed to loan billions of dollars to satellite operator Telesat to support its work in developing the Lightspeed LEO network.