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Telesat LEO Receives 15-Year, $2.3B Contract From Canada's Defence Investment Agency For Military Ka-Band Arctic Connectivity To Canadian Armed Forces Under Enhanced Satellite Communications Project

Aug 4, 2026 · 07:32 AM ET· updated 3h ago

Telesat LEO ULC, a subsidiary of Telesat Corporation (Nasdaq and TSX:TSAT), one of the world’s largest and most innovative satellite operators, today announced that it has signed a $2.3 billion Telesat Lightspeed

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Why It Matters

Telesat just won a huge 15-year deal worth $2.3 billion to provide internet service to Canada's military in the Arctic. This shows a big customer trusts Telesat's satellite service, which is a good sign for the company's future business and growth.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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