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 (Nasdaq and TSX: TSAT) and Northwestel signed a multi-year contract on April 2, 2026 to use Telesat Lightspeed LEO satellite services to deliver low-latency, sovereign broadband across Northern Canada.
Northwestel will offer plans of at least 50 Mbps down / 10 Mbps up with unlimited monthly usage, using the Government of Canada’s Telesat Lightspeed capacity pool to serve remote communities where fibre is unavailable.
Telesat (Nasdaq and TSX: TSAT) reported 2025 consolidated revenue of $418 million, down 27% year-over-year, and a net loss of $530 million. Adjusted EBITDA declined to $213 million. Capital spending on Lightspeed totaled $708 million in 2025; 2026 Lightspeed spending is forecast at $1.0–1.2 billion. GEO 2026 revenue guidance is $300–320 million with GEO Adjusted EBITDA guidance of $210–230 million. Key commercial milestones include a SHIELD award, a Viasat multi‑year agreement, a Hanwha MoU, and reallocation of Lightspeed capacity to Mil‑Ka.
Telesat (Nasdaq/TSX: TSAT) will add 500 MHz of military Ka‑band (Mil‑Ka) to the initial 156 satellites in the Telesat Lightspeed constellation to meet growing allied defence demand. The Mil‑Ka replaces 500 MHz of commercial Ka on user links without impacting gateways, and launches begin with two production satellites in December 2026.
The change is described as schedulable with only a modest program cost impact and is aimed at providing interoperable, persistent global LEO Mil‑Ka capacity, including Arctic coverage, for allied defence and sovereignty requirements.
Telesat (Nasdaq and TSX: TSAT) will host a conference call on March 17, 2026 at 10:30 a.m. EDT to discuss financial results for the three and twelve months ended December 31, 2025. A news release with results will be posted beforehand on the Investors section of the company website.
Access via toll-free and international dial-ins, a live webcast, and archived replay are provided; replay available until March 31, 2026.
Telesat (NASDAQ and TSX: TSAT) announced acquisition of land in Estevan, Saskatchewan and Papineauville, Quebec, plus a land lease in Shaunavon, Saskatchewan, to build new landing stations for its Telesat Lightspeed LEO network.
Sites will connect satellites to fibre and internet exchanges, improve resiliency, support sovereign digital services, and are timed ahead of a planned first satellite launch in December 2026. Quebec completion is expected Q3 2026; Saskatchewan sites by year-end 2026.
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.
Summary not available.
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.