Skip to content
The communications company hopes to squeeze two test satellites aboard a SpaceX rocket reserved by another firm, CEO Dan Goldberg said on an earnings call, and even so it expects full service on its multibillion-dollar Starlink alternative will be delayed by a quarter to mid-2028. Telesat has launches booked for nearly all the 225 satellites in its constellation, Goldberg said—but not for the two it needs to put in orbit first to be sure the rest will work as expected. (The Logic)
Talking point: Telesat has bet its future on Lightspeed as its traditional satellite business fades; the company as a whole is now regularly losing money, including more than $157 million in its most recent quarter. The company is now bumping into the same problem besetting many other space companies, as SpaceX retires the Falcon 9 rockets that have been the steady workhorses of private-sector space launches for years.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
The Canadian Forces were warned about safety gaps for 20 years before Wainwright disaster
Briefing
Canadian investors can’t let foreign capital crowd them out of infrastructure deals, Weston says
Cohere outlines plans to spend $4B on R&D and AI infrastructure in Canada
Binance starts recovering frozen assets following US$6.3B hack
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
