Telesat taps SpaceX to launch its broadband satellites in orbit
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.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitNorthwestern UniversityKellogg Post Graduate Certificate in Digital MarketingVisit «It is another big step forward on our path to get Lightspeed up there,» Telesat CEO Dan Goldberg told Reuters.
Telesat picked Elon Musk's SpaceX because it had «the best combination of price, performance, reliability and schedule tempo,» Goldberg said.
No value was given for the contract, which covers 14 launches. Each Falcon 9 rocket will carry up to 18 satellites into orbit, putting the constellation on track for deployment by the end of 2027 when Telesat plans to provide global service, the company said. That is three years later than initially planned.
Telesat last month said it would save $2 billion by awarding Canada's MDA Ltd the contract to build its 198 satellites. In 2021, Thales Alenia Space had been given the contract.
«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.
The SpaceX contract for
