About Telesat
Telesat is a company based in Ottawa (Canada) founded in 1962 was acquired by PSP Investments in October 2007. Telesat has raised $650 million across 9 funding rounds from investors including Canadian Space Agency, Gouvernement du Québec and PSP Investments. Telesat offers products and services including Telesat Lightspeed, In-flight Connectivity, and Internet Backhaul. Telesat operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and Optus, among others.
- Headquarter Ottawa, Canada
- Stage Public
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Sectors
Aerospace, Defense & MaritimeTelecommunications
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Phone
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Website
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Social
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- Legal Name Telesat Corporation
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Annual Revenue
$396.82 M (USD)-25.31as on Dec 31, 2024
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Net Profit
-$60.96 M (USD)-151.42as on Dec 31, 2024
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EBITDA
$252.44 M (USD)-33.03as on Dec 31, 2024
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Total Equity Funding
$650 M (USD)
in 9 rounds
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Latest Funding Round
$1.82 M (USD), Post-IPO
Apr 15, 2022
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Investors
Canadian Space Agency
& 2 more
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Employee Count
Not available
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Acquired by
PSP Investments
(Oct 31, 2007)
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IPO & Listings of Telesat
Telesat is a publicly listed company on the NASDAQ with ticker symbol TSAT in USA, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Telesat
Telesat offers a comprehensive portfolio of products and services, including Telesat Lightspeed, In-flight Connectivity, and Internet Backhaul.
Provides global broadband with low latency for connectivity needs.
Offers satellite-based internet for aviation and maritime use.
Delivers high-capacity data links for wireless and corporate networks.
People of Telesat
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Sales and Marketing
19 people
Software Development Team
13 people
Leadership Team
13 people
Finance and Accounting
6 people
Senior Team
4 people
Legal and Compliance
4 people
Operations Team
4 people
Data Analysis and Operations Team
2 people
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Funding Insights of Telesat
Telesat has successfully raised a total of $650M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.82 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Telesat
Telesat has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Canadian Space Agency, Gouvernement du Québec and PSP Investments.
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Canadian space agency focused on social and economic benefits
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Government services are provided to residents of Québec, Canada.
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Manages investments for public sector pensions in capital markets, real estate, and private equity.
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Investor details for Telesat
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Investments & Acquisitions by Telesat
Investment portfolio details for Telesat
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Financial Statements - Telesat
Detailed financials for Telesat
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Telesat Comparisons
Peer comparison for Telesat
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Competitors of Telesat
Telesat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jio, MTN, Airtel, Proximus Group and Optus, among others.
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Provider of telecommunication services
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MTN Group is recognized as a leading telecommunications provider in Africa.
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Airtel is recognized as a provider of telecommunications and internet services.
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Telephony, internet, television, and network-based ICT services are provided.
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Mobile internet services are provided for homes and offices.
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Mobile internet, TV, and telecommunication services are provided.
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Detailed competitors of Telesat
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Latest news on Telesat
Complete news archive for Telesat
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Frequently Asked Questions about Telesat
Telesat was founded in 1962 and raised its 1st funding round 54 years after it was founded.
Telesat is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Telesat is a funded company, having raised a total of $650M across 9 funding rounds to date.
Annual revenue of Telesat is $396.82M as on Dec 31, 2024.
Telesat was founded in 1962 and is headquartered in Ottawa, Canada. Operations are centered in the telecommunications sector, with a focus on satellite-based services. Data transmission, wireless internet connectivity, and satellite communication solutions are delivered to various clients, including enterprises and governments. Coverage extends across multiple regions through a network of satellites and ground infrastructure. The company maintains a presence in the global satellite industry.
Telesat's top competitors include MTN, Proximus Group and AT&T.
Telesat offers Telesat Lightspeed, In-flight Connectivity, and Internet Backhaul.
Yes, Telesat is publicly traded on NASDAQ under the ticker symbol TSAT.
Telesat has 3 investors. Key investors include Canadian Space Agency, Gouvernement du Québec, and PSP Investments.
The ticker symbol of Telesat is TSAT on NASDAQ.