Paris, 22 February 2021. – Québec invests $317 million in Telesat’s new LEO constellation Lightspeed, the satellite tv for pc operator introduced.
The Authorities of Québec invests $158 million in most well-liked fairness and grant a mortgage of the quantity, Telesat mentioned.
“This collaboration comes on the heels of Telesat’s choice of Thales Alenia Area as prime contractor for Lightspeed and its lately accomplished $476 million partnership with the Authorities of Canada to affordably bridge Canada’s digital divide by means of Telesat Lightspeed”, it mentioned.
Telesat’s prime contractor, Thales Alenia Area, will set up the Lightspeed satellites’ last meeting and manufacturing in Québec and is in discussions with Québec-based companions, Telesat mentioned. It estimates that it’ll convey investments of $1.27 billion into Québec, each instantly and thru its provide chain.
Telesat considers Lightspeed as “probably the most progressive, cutting-edge broadband satellite tv for pc community ever conceived”.
Telesat additionally introduced that it chosen the Canadian area know-how firm MDA to fabricate the phased array antennas to be integrated into the Lightspeed satellites.
“MDA will leverage 3D additive manufacturing and can incorporate superior beam hopping know-how that can enable the Lightspeed constellation to dynamically and flexibly focus excessive capability broadband hyperlinks into rural and distant communities and different demand scorching spots world wide”, the privately-held Ottawa-based firm mentioned.