Welcome to our dedicated page for TELESAT news (Ticker: TSAT), a resource for investors and traders seeking the latest updates and insights on TELESAT stock.
Telesat Corporation (TSAT) is described in its public communications as one of the largest global satellite operators, with shares listed on Nasdaq and the Toronto Stock Exchange. The TSAT news page on Stock Titan aggregates company-specific announcements and third-party coverage so readers can follow developments in Telesat’s satellite telecommunications business.
Recent Telesat news releases highlight several themes. The company regularly reports quarterly and year-to-date financial results, including revenue trends, operating expenses, adjusted EBITDA, net income or loss, contracted GEO and LEO backlog, and fleet utilization. These earnings updates provide insight into the performance of its geostationary satellite fleet and the progress of the Telesat Lightspeed Low Earth Orbit program.
Telesat also issues news on strategic partnerships and projects. Examples include a strategic partnership with the Government of Canada and MDA Space to develop an Arctic military satellite communications capability for the Canadian Armed Forces, the acquisition of land in Timmins, Ontario, for a Lightspeed Landing Station, and expanded relationships with partners such as Calian Group Ltd. and Farcast to support the Lightspeed Operational Data Platform and User Terminals. These announcements show how Telesat applies its satellite capabilities to defence, government, enterprise, aviation, maritime and rural broadband use cases.
In addition, corporate and governance updates appear in the news flow, such as the appointment of a new Chief Financial Officer and notices of upcoming earnings conference calls. Investors and observers who follow TSAT news can use this page to review historical announcements, monitor the evolution of the Telesat Lightspeed program, and track how Telesat positions itself within the satellite telecommunications sector.
Telesat (TSAT) and Hanwha Systems signed a memorandum of understanding on Jan 26, 2026 to collaborate on next‑generation sovereign LEO satellite connectivity, user terminals compatible with Telesat Lightspeed, and advanced maritime platforms.
The MoU aligns with a Canada–Korea initiative on commercial LEO communications and notes exploration of Korea’s K‑LEO constellation, defense user terminals interoperable with K‑LEO and Lightspeed, and cooperation on the Canadian Patrol Submarine Project where Hanwha plans to include multi‑year Telesat Lightspeed services in its bid.
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Telesat (NASDAQ and TSX: TSAT) announced a strategic partnership with the Government of Canada and MDA Space to deliver a multi-frequency Arctic military satellite communications capability under the Enhanced Satellite Communications Project – Polar (ESCP-P) on December 9, 2025.
The ESCP-P is described as a multi-billion dollar investment, led by the Defence Investment Agency using a strategic partner model, applying Canada’s Industrial and Technological Benefits (ITB) Policy, and intended to strengthen Arctic sovereignty while supporting NORAD and NATO commitments.
Telesat (Nasdaq and TSX: TSAT) announced an expanded partnership with Farcast and a US$5 million equity investment to support development of fully integrated Flat Panel Antenna (FPA) User Terminals for the Telesat Lightspeed network.
Farcast will deliver an enterprise-class, full-duplex FPA with proprietary AESA technology integrated with the Telesat Lightspeed modem and will take a seat on Farcast’s board. Various hardware iterations have been built and tested, and terminals ready for volume production are planned for 2027.
Telesat (NASDAQ/TSX: TSAT) reported results for the quarter and nine months ended September 30, 2025. Consolidated revenue for Q3 was $101 million, down 27% year-over-year, and for the nine months was $324 million, down 27% year-over-year. Q3 Adjusted EBITDA was $47 million (margin 46.3%), down 51%; nine-month Adjusted EBITDA was $173 million (margin 53.4%), down 44%. Q3 net loss was $121 million; nine-month net loss was $97 million. Key items: distribution of 62% of Telesat Lightspeed equity, LEO backlog $1.1B, GEO backlog $900M, fleet utilization 69%, and 2025 guidance: revenue $405–425M, Adjusted EBITDA $170–190M, CapEx $900–1,100M.
Telesat (NASDAQ/TSX: TSAT) will hold its third quarter 2025 earnings conference call on Tuesday, November 4, 2025 at 10:30 a.m. EST to discuss results for the three- and nine-month periods ended September 30, 2025. A news release with financial results will be posted beforehand on the company’s Investors page.
Dial-in numbers: toll-free +1-800-715-9871 or +1-646-307-1963 (outside North America); access code 9159435. Webcast (listen-only): https://edge.media-server.com/mmc/p/dao6hwjc. Teleconference replay available from one hour after the call until 11:59 p.m. EST on November 18, 2025 (replay dial +1-800-770-2030; access code 9159435).
Telesat (Nasdaq and TSX: TSAT) purchased a land plot on Laforest Road, Timmins to develop a terrestrial Landing Station for its Telesat Lightspeed LEO satellite network.
The site connects Lightspeed to terrestrial Points of Presence and fibre, leveraging Timmins’ 2,200 km long-haul fibre, reliable hydroelectric power and regional energy options. Site preparation is underway and crews have begun clearing land; construction of antennas and networking equipment is scheduled to start in spring 2026. Telesat expects the Landing Station to extend broadband to rural and remote communities and support energy, mining, aviation and maritime users while contributing to Arctic coverage and national sovereignty.
Telesat (NASDAQ/TSX: TSAT) has expanded its partnership with Calian Group Ltd. (TSX: CGY) to develop the Operational Data Platform for the Telesat Lightspeed Low Earth Orbit (LEO) network. The platform will serve as the secure, real-time data backbone across Telesat's LEO satellite constellation, Landing Stations, and User Terminals.
Building upon their existing relationship, where Calian was selected in 2024 to deliver the LEO network's Element Management System (EMS), the new platform will be built using Calian's proprietary Centralized Management Platform (CMP). The system will enable real-time situational awareness, automated mission response, and secure data exchange between network components and operational platforms.
Telesat (NASDAQ/TSX: TSAT), a leading satellite operator, has announced the completion of an equity distribution involving its Telesat Lightspeed business. The company has distributed 62% of the equity to an indirect subsidiary of Telesat Corporation. This subsidiary is wholly-owned by Telesat Canada's parent entities and holds a non-guarantor status under Telesat Canada's debt documents.
The company emphasized that this internal restructuring will not affect its ongoing operations.
Telesat (NASDAQ and TSX: TSAT) has appointed Donald Tremblay as its new Chief Financial Officer, effective October 20, 2025. Tremblay, bringing over 35 years of financial expertise, will succeed Andrew Browne, who announced his retirement in March 2025 after serving as CFO since 2019.
Tremblay's notable achievements include growing Brookfield Renewable's market capitalization from $300 million to over $2.5 billion as CFO. His experience spans equity and debt capital markets, M&A, compliance, and risk management, with previous roles at Champion Iron and Transalta, where he demonstrated strong financial leadership and strategic capabilities.
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