Telesat Signs US$39 Million Contract with SatixFy to Develop and Deliver Landing Station Baseband Units for Telesat Lightspeed Network
Telesat Corporation (TSAT)
Company Research
Source: GlobeNewswire
OTTAWA, Ontario and REHOVOT, Israel, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced that SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, will develop and deliver the Landing Station Baseband Units for the upcoming Telesat Lightspeed Network. Under the terms of a new agreement, SatixFy will design, develop, and supply Landing Station Baseband systems to Telesat, with deliveries taking place over a 28-month period. These systems will enable high-speed and efficient communication between the Telesat Lightspeed Low Earth Orbit (LEO) satellites and the Landing Stations. The Telesat Lightspeed constellation is designed to deliver global, high-speed, low-latency broadband connectivity for enterprise and government organizations. The total agreement amounts to US$39 million,
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- Telesat Schedules Third Quarter 2024 Earnings Conference Call for November 14, 2024GlobeNewswire
- Telesat pitches Taiwan on low-Earth-orbit satellite internet [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Telesat and Airbus begin collaboration to integrate Telesat Lightspeed services into HBCplus portfolio [Canadian Business Journal (Canada)]Canadian Business Journal
TSAT
Sec Filings
- 10/7/24 - Form SC
- 9/26/24 - Form SC
- 9/24/24 - Form 6-K
- TSAT's page on the SEC website