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Feds spending $1.44B on Telesat’s advanced low earth orbit satellites

News | 08/12/2021 4:51 pm EDT
LEO providers aiming to meet gov’t connectivity goals within 3 years
Dan Goldberg, president and CEO of Telesat, speaks at the Canadian Aviation and Space Museum in Ottawa on July 24, 2019 (photo by Andrew Meade).

The federal government is planning to pour $1.44 billion into Telesat Holdings Inc., it announced Thursday, which intends to connect Canadian communities to broadband internet using an advanced low earth orbit (LEO) satellite constellation called Telesat Lightspeed.

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