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Telesat Corporation secured a $2.3 billion contract (approximately $2.7 billion including options) from Canada’s…
TSATTelesat Corp
Telesat Corporation secured a $2.3 billion contract (approximately $2.7 billion including options) from Canada’s Defence Investment Agency to provide secure Military Ka-band Arctic connectivity under the ESCP-P program. The agreement, signed August 4, 2026, spans 15 years with service commencing in 2028. It funds the immediate expansion of the Telesat Lightspeed constellation by 69 satellites, increasing the total from 156 to 225 units built by MDA Space and launched by SpaceX. This marks the largest contract in the company’s history and significantly scales its network capacity for defense and commercial use. Telesat Corporation operates as a global satellite operator providing advanced satellite communications through its Low Earth Orbit network.