SpaceX, Telesat Join Forces: Falcon 9 Rockets To Ferry Broadband Satellites 14 Times To Low-Earth Orbit
Portfolio Pulse from Anan Ashraf
Telesat Corporation (NASDAQ:TSAT) has partnered with SpaceX to deliver the Telesat Lightspeed constellation to Low Earth Orbit (LEO). SpaceX's Falcon 9 will launch 14 times from California and Florida, carrying 18 Telesat Light satellites each time. The launch campaign will start in 2026 and will enable Telesat to begin providing global service in late 2027. The financial details of the agreement were not disclosed.
September 12, 2023 | 7:26 am
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Telesat has entered into a partnership with SpaceX which will likely boost its global service capabilities.
The partnership with SpaceX will enable Telesat to deliver its Lightspeed constellation to Low Earth Orbit, which is expected to enhance its global service capabilities. This could potentially increase the company's market share and revenues, positively impacting its stock price.
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RELEVANCE 100