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Ralph Kittle joins Telesat (TSAT) board, succeeding long-time director Michael Targoff

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Telesat Corporation announced a change to its Board of Directors. Ralph (Cody) Kittle, a nominee of MHR Fund Management, has been appointed to the board, succeeding long-time director and prior MHR nominee Michael Targoff.

Kittle is the Founder and CEO of private equity firm RenWave Kore, which manages more than $1.5 billion in assets. He previously worked as a portfolio manager at Elliott Management and has served on multiple corporate boards. He also sits on the board of Freddie Mac, where he chairs the Audit Committee.

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RenWave Kore AUM $1.5 billion assets under management Size of private equity firm led by Ralph (Cody) Kittle
Report of Foreign Private Issuer regulatory
"FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16"
A report of a foreign private issuer is a formal filing that a non‑U.S. company makes to U.S. regulators to share important business, financial, or governance information with American investors. Think of it as a regular update or press packet that keeps investors informed about events that could change a company’s value—like earnings, management changes, contracts, or regulatory developments—so investors can make timely, informed decisions.
Board of Directors financial
"has been appointed to its Board of Directors. Mr. Kittle succeeds"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
assets under management financial
"RenWave Kore, a private equity firm with more than $1.5 billion in assets under management"
Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.
Low Earth Orbit (LEO) satellite network technical
"Telesat Lightspeed, the company’s state-of-the-art Low Earth Orbit (LEO) satellite network"
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FAQ

What board change did Telesat (TSAT) announce in this Form 6-K?

Telesat announced that Ralph (Cody) Kittle has been appointed to its Board of Directors, replacing Michael Targoff. Kittle is an MHR Fund Management nominee and brings investment management and board experience across public and private companies, including service on Freddie Mac’s board.

Who is Ralph (Cody) Kittle, the new Telesat (TSAT) board member?

Ralph (Cody) Kittle is the Founder and CEO of RenWave Kore, a private equity firm with over $1.5 billion in assets under management. He previously worked at Elliott Management and has served on numerous portfolio company boards, as well as on Freddie Mac’s board.

Which director is Ralph (Cody) Kittle replacing on Telesat’s (TSAT) board?

Kittle is succeeding Michael Targoff, a prior nominee of MHR Fund Management. Targoff served on Telesat’s Board of Directors for nearly 19 years, and the company expressed gratitude for his long service and contributions to the business over that period.

What is RenWave Kore, the firm led by Telesat director Ralph Kittle?

RenWave Kore is a private equity firm founded and led by Ralph (Cody) Kittle. The firm has more than $1.5 billion in assets under management, reflecting a sizable capital base that underpins Kittle’s investment background and experience relevant to his role on Telesat’s board.

What role does Ralph (Cody) Kittle hold at Freddie Mac mentioned in Telesat’s filing?

Ralph (Cody) Kittle serves on the board of Freddie Mac and chairs its Audit Committee. This role underscores his experience with financial oversight and governance, which Telesat highlights as a valuable perspective he brings to its own Board of Directors.

How does Telesat (TSAT) describe its business and Telesat Lightspeed network?

Telesat describes itself as one of the largest and most innovative global satellite operators, providing critical connectivity solutions. Its Telesat Lightspeed Low Earth Orbit satellite network is designed to deliver high-capacity, secure, resilient connectivity with fibre-like speeds for telecom, government, maritime and aeronautical customers.

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16
Under the Securities Exchange Act of 1934

 

For the Month of July 2026

 

Commission File No.: 001-41083

 

 

 

TELESAT CORPORATION
(Name of Registrant)

 

 

 

160 Elgin Street, Suite 2100, Ottawa, Ontario, Canada K2P 2P7
(Address of Principal Executive Office)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒        Form 40-F ☐

 

 

 

 

 

 

EXHIBITS

 

The following information is furnished to the Securities and Exchange Commission as part of this report on Form 6-K:

 

Exhibit No.   Document
99.1   Press Release dated July 9, 2026 – “Telesat announces changes to Board of Directors”

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  TELESAT CORPORATION
   
Date: July 9, 2026 By: /s/ STEFANO TAUCER
  Name: Stefano Taucer
  Title: Vice President, General Counsel and Secretary

 

2

 

Exhibit 99.1

 

 

 

Telesat announces changes to Board of Directors

 

OTTAWA, CANADA – July 9, 2026 – Telesat Corporation (Nasdaq and TSX: TSAT) (“Telesat”), one of the world’s largest and most innovative satellite operators, today announced that Ralph (Cody) Kittle, a nominee of MHR Fund Management LLC (“MHR”), has been appointed to its Board of Directors. Mr. Kittle succeeds Michael Targoff, a previous MHR nominee.

 

Mr. Kittle is the Founder and CEO of RenWave Kore, a private equity firm with more than $1.5 billion in assets under management. Prior to founding RenWave Kore, Mr. Kittle was a Portfolio Manager at Elliott Management and served on the boards of numerous portfolio companies. He currently serves on the board of Freddie Mac, where he chairs the Audit Committee.

 

“We are pleased to welcome Cody to the Telesat Board. His experience in investment management, combined with his service on numerous public and private company boards, will bring valuable perspectives to the board,” stated Mark Rachesky, Chair of Telesat’s Board of Directors. “Mr. Targoff served with distinction on the Telesat Board of Directors for nearly 19 years. We are deeply grateful for his dedication to the company and his valuable contributions and insights throughout his tenure.”

 

About Telesat

 

Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (Nasdaq and TSX: TSAT) is one of the largest and most innovative global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world’s most complex communications challenges, providing powerful advantages that improve their operations and drive profitable growth.

 

Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company’s state-of-the-art Low Earth Orbit (LEO) satellite network, has been optimized to meet the rigorous requirements of telecom, government, maritime and aeronautical customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity, secure and resilient links with fibre-like speeds. For updates on Telesat, follow us on LinkedIn, X, or visit www.telesat.com.

 

Media Contact:

 

Monique Scotti

pr@telesat.com

Filing Exhibits & Attachments

1 document