Profit, however, dipped because of acquisition of a chip company
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Profit, however, dipped because of acquisition of a chip company
Telesat (NASDAQ:TSAT) reported first-quarter 2026 results that management said were in line with expectations for its legacy geostationary (GEO) business while continuing to advance development and commercialization efforts for its Telesat LightSpeed low Earth orbit (LEO) constellation. LightSpeed
Event context and recent stock move Telesat (TSAT) recently drew investor attention after a sharp daily pullback of about 3.9% and an 11.7% decline over the past week, despite strong gains over the past month and past three months. With the shares last closing at $43.99 and the company reporting annual revenue of $417.956 million alongside a net loss of $155.354 million, the current setup has investors weighing recent momentum against ongoing profitability pressures. See our latest analysis...
Telesat (TSAT.TO) and Northwestel on Thursday said Northwestel signed a multi-year contract for Tele
Telesat Corp (TSAT) reports a net loss but showcases strategic progress in its Lightspeed LEO network and defense sector opportunities.
Telesat (NASDAQ:TSAT) executives highlighted progress on the company’s Lightspeed low Earth orbit (LEO) satellite program and discussed ongoing pressure in its legacy geostationary (GEO) business during an earnings call covering 2025 results and 2026 expectations. Chief Executive Officer Dan Goldbe
And of course, as we announced in December, Telesat Corporation and MDA have been selected by the Government of Canada to develop and deploy the Enhanced Satellite Communications Project Polar, known as ESCaPE, a next-generation satellite communications platform to provide connectivity for the Canadian Armed Forces in the Far North. This is a significant opportunity for us, and we're working with our partners to get under contract for that as soon as possible. In light of the order of magnitude of the opportunity to serve allied defense users, and as you may have seen in our separate release this morning, we're further optimizing Telesat Lightspeed for defense requirements by adding military...
Moby summary of Telesat Corporation's Q1 2026 earnings call
Telesat (TSAT.TO) on Tuesday reported net loss which narrowed in the fourth quarter, despite a lower
OTTAWA, Ontario (AP) — Telesat Corporation (TSAT) on Tuesday reported a loss of $90.1 million in its fourth quarter. On a per-share basis, the Ottawa, Ontario-based company said it had a loss of $6.08. Losses, adjusted for non-recurring costs, came to 97 cents per share.
AST SpaceMobile, Inc. (NASDAQ:ASTS) is one of the Best Space Stocks to Buy Now. On March 2, 2026, Reuters reported that French telecom operator Orange announced a partnership with AST SpaceMobile and Satellite Connect Europe, a joint venture between AST and Vodafone, to boost direct-to-cell connectivity. Orange said demonstrations covering voice, SMS, and data are […]
French telecommunications leader Orange on Monday announced a partnership with AST SpaceMobile and Satellite Connect Europe, a joint venture between AST and Vodafone, to boost direct-to-cell connectivity. Direct-to-device satellite services allow standard smartphones to connect to satellites without specialized hardware, which is particularly valuable in markets where terrestrial infrastructure remains patchy. Demonstrations covering voice, SMS and data are planned in Romania for late 2026, Orange said.