Satellite Communication (SATCOM) Market Surges to USD 71 Billion by 2030, Propelled by 9.6% CAGR - Verified Market Reports® [Yahoo! Finance]
Telesat Corporation (TSAT)
Company Research
Source: Yahoo! Finance
Fri, January 31, 2025 at 4:15 PM GMT+1 8 min read The Satellite Communication (SATCOM) market is primarily driven by the increasing demand for global connectivity, particularly in remote and underserved regions where terrestrial infrastructure is lacking. Technological advancements, such as high-throughput satellites (HTS) and low Earth orbit (LEO) constellations, further enhance the reliability and speed of satellite communications. LEWES, Del. Jan. 31, 2025 /PRNewswire/ -- The Global Satellite Communication (SATCOM) Market is projected to grow at a CAGR of 9.6% from 2024 to 2030 , according to a new report published by Verified Market Reports ® . The report reveals that the market was valued at USD 32 Billion in 2023 and is expected to reach USD 71 Billion by the end of the forecast period. VM_Reports_Logo Download PDF Brochure: https://www.verifiedmarketreports.com/download-sample/?rid=314274 Browse in-depth TOC on Satellite Communication (SATCOM) Market 202 - Pages
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News
- Telesat Continues Making Progress, But It Will Take Time [Seeking Alpha]Seeking Alpha
- Telesat enters strategic partnership with Government of Canada and MDA Space to deliver next-generation military satellite communications solutionGlobeNewswire
- Telesat (NasdaqGS:TSAT) Losses Worsen, But Revenue Growth Forecast Tests Bullish Narratives [Yahoo! Finance]Yahoo! Finance
- Telesat invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite network [Canadian Business Journal (Canada)]Canadian Business Journal
- Telesat invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite networkGlobeNewswire
TSAT
Sec Filings
- 12/9/25 - Form 6-K
- 11/4/25 - Form 6-K
- 11/4/25 - Form 6-K
- TSAT's page on the SEC website