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MDA Space Awarded $474 Million to Expand Telesat Lightspeed LEO Constellation

MDA Space logoMDA Space
Sig4.46Sen+6.82Env0.00Soc+1.23Gov+0.84
Telesat logoTelesat
Sig5.01Sen+6.31Env-0.08Soc+1.71Gov+1.26

Telesat is expanding its Lightspeed LEO constellation by 69 satellites, increasing fully funded satellites from 156 to 225. For MDA Space, the contract rises by $474 million, adding 27 more satellites to the previously planned 198, plus 500 MHz of military Ka-band replacing an equal amount of commercial Ka-band and other long-lead items. The expansion supports Arctic connectivity under the ESCP-P program.

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