Telesat taps SpaceX to launch its broadband satellites in orbit

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Telesat taps SpaceX to launch its broadband satellites in orbit
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Canada's Telesat on Monday said it has signed a agreement with SpaceX to launch its low-Earth-orbit (LEO) satellite constellation called Lightspeed starting in 2026, with the aim of providing global broadband service from space in late 2027. LEO satellites operate 36 times closer to Earth than traditional ones so they take less time to send and receive information, leading to better and faster broadband service even in remote areas. 'It is another big step forward on our path to get Lightspeed up there,' Telesat CEO Dan Goldberg told Reuters.

OTTAWA - Canada's Telesat on Monday said it has signed a agreement with SpaceX to launch its low-Earth-orbit satellite constellation called Lightspeed starting in 2026, with the aim of providing global broadband service from space in late 2027.

Telesat picked Elon Musk's SpaceX because it had "the best combination of price, performance, reliability and schedule tempo," Goldberg said. "COVID hit, and supply chain issues hit, and inflation hit," and Thales told Telesat about two years ago it could no longer meet the agreed price and schedule, Goldberg said.

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