Canada Cuts Bureaucracy, Loans Cash to Bolster Its Space Firms [BNN Bloomberg (Canada)]
Telesat Corporation (TSAT)
Company Research
Source: BNN Bloomberg
It launched the Commercial Integration Cell in May and the National Space Council in April after two years of planning. Both are intended to increase collaboration and communication between the government and the private sector, and were inspired by steps the US had taken years earlier. Telesat Corp. Chief Executive Officer Dan Goldberg said in an interview that Canada's cell is “long overdue.” So far, just a few companies like MDA Space Ltd. and Telesat are participating in the integration cell due to the extensive clearance process, according to the Royal Canadian Air Force's 7 Wing space operational command. “The current governmental process, that is outside the Department of National Defence, is just very tedious,” 7 Wing Commander Colonel Catherine Marchetti said in an interview. “Frankly I think maybe it needs to be looked at.” Although Canada isn't currently competing at the same level as the US or China in space, Chris Quilty of analytics firm Quilty Space sees the nati
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- Canada Cuts Bureaucracy, Loans Cash to Bolster Its Space Firms [Financial Post (Toronto, Ontario, Canada)]Financial Post
- MDA wins $1-billion contract to build Canadarm3 for NASA-led moon missions [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Expanding high-speed Internet access in Northern Ontario [Yahoo! Finance]Yahoo! Finance
- Telesat Announces Results of 2024 Annual General and Special Meeting of Shareholders [Yahoo! Finance]Yahoo! Finance
- Telesat Announces Results of 2024 Annual General and Special Meeting of Shareholders [Financial Post (Toronto, Ontario, Canada)]Financial Post
TSAT
Sec Filings
- 6/20/24 - Form 6-K
- 5/23/24 - Form SC
- 5/20/24 - Form 6-K
- TSAT's page on the SEC website