Telesat

Ottawa, Canada Founded: 1962 • Age: 64 yrs Listed Acquired By PSP Investments
Data, wireless internet, and satellite communication services are provided.

About Telesat

Telesat is a publicly listed company based in Ottawa (Canada) founded in 1962, and was acquired by PSP Investments in October 2007. Data, wireless internet, and satellite communication services are provided. It operates in the Aerospace, Defense & Maritime and Telecommunications sectors. Telesat has raised $650 million across 9 funding rounds from investors including Canadian Space Agency, Gouvernement du Québec and PSP Investments. Its website telesat.com draws about 49 thousand monthly visits. Telesat offers products and services including Telesat Lightspeed, In-flight Connectivity, and Internet Backhaul. Its focus areas include Telecom, Telecom Operators, Cellular and Aerospace, Maritime and Defense Tech.

Company details

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.

  • Headquarters Ottawa, Canada
  • Stage Public
  • Sectors
    Aerospace, Defense & Maritime
    Telecommunications
  • Website category Computers Electronics and Technology · Telecommunications
  • Website telesat.com
  • Social LinkedIn X
  • Acquired by PSP Investments (Oct 2007)
  • Legal Name Telesat Corporation
Key Metrics
  • Annual Revenue
    $304.36 M (USD)
    -23.3
    as on Dec 31, 2025
  • Net Profit
    -$113.13 M (USD)
    -85.59
    as on Dec 31, 2025
  • EBITDA
    $150.14 M (USD)
    -40.52
    as on Dec 31, 2025
  • Total Equity Funding
    $650M (USD)

    in 9 rounds

  • Latest Funding Round
    $1.82M (USD), Post-IPO

    Apr 2022

  • Investors
  • Acquired by

Products & Services of Telesat

Telesat offers a comprehensive portfolio of products and services, including Telesat Lightspeed, In-flight Connectivity, and Internet Backhaul.

Telesat Lightspeed
Satellite Network

Provides global broadband with low latency for connectivity needs.

In-flight Connectivity
Mobility Services

Offers satellite-based internet for aviation and maritime use.

Internet Backhaul
Telecom Infrastructure

Delivers high-capacity data links for wireless and corporate networks.

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.

  • Total Funding $650M
  • Total Rounds 9
  • Last Round Post-IPO — $1.82M
  • First Round $500M

    (Nov 2016)

  • Investors Count 2

All 9 funding rounds of Telesat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$1.82MPost-IPO––
–
Aug 2021$650MSeries D––
Aug 2021$730MDebt – Conventional––
Apr 2021$500MDebt – Conventional––
–
Feb 2021$157.54MDebt – Conventional––
–
Feb 2021$157.54MGrant––
Dec 2019$2.11BDebt – Conventional––
–
Sep 2019$400MDebt – Conventional––
–
Nov 2016$500MDebt – Conventional––
–
Valuation history

3 investors in total: 3 institutional.

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Canadian space agency focused on social and economic benefits
1989asc-csa.gc.caLongueuil, Canada
Government services are provided to residents of Québec, Canada.
quebec.caCanada
Manages investments for public sector pensions in capital markets, real estate, and private equity.
1999investpsp.comMontreal, Canada
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Investor details for Telesat

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People of Telesat

80 people are tracked at Telesat (41 in leadership, 39 in team).

NameRoleGroup
Mauro Wajnberg
General ManagerLeadership
France Teasdale
Vice President, PeopleLeadership
Valerie Hinds
Director Business Planning And AnalysisLeadership
Paul Schweitzer
Director, Global Customer SolutionsLeadership
Glenn Katz
Chief Commercial OfficerLeadership
Daniel S. Goldberg
President & CEOLeadership
Andrew Browne
Chief Financial OfficerLeadership
Chris Difrancesco
VP, General Counsel & SecretaryLeadership
P.eng. Hugo Chouinard
Director, Systems SolutionsLeadership
Todd Hill
Director Technical Product ManagementLeadership
Zhi Guo Lim
Regional Director - Market Access And Spectrum Policy, Asia PacificLeadership
John Flaherty
VP, Business Planning & MarketingLeadership
Laura Roberti
Senior Director Spectrum And Market Access (global)Leadership
Jeffrey White
Vice-president Business And Partner DevelopmentLeadership
Philippe Schleret
Head of Sales, USALeadership
Stephen Hampton
Senior Director, Global Public Policy, Strategic Accounts And Business DevelopmentLeadership
Ken Skublics
Vice President Space Programs And OperationsLeadership
Andrea Clancy Cpa
Associate Director, Finance OperationsLeadership
Shirlana Logan
Director - Business OperationsLeadership
Ceng Mario Neri
Director, Spectrum Strategy And InnovationLeadership

60 more people are available in the full profile.

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Complete people profiles for Telesat

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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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.

  • IPO date19 Nov 2021
  • Listed onTSX: TSAT
  • Listed entityTelesat Corporation
  • Exchange sectorCommunications
  • ISINCA8795123097
  • Share price$45.72 (+1.2% on the day) · 2026-10-13
  • Market capitalisation$697.7M
  • EPS (diluted, trailing year)$-17.44
  • Volume (last session)87,161

Financials of Telesat

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$304.4M-$113.1M$150.1M
2024$396.8M-$61.0M$252.4M
2023$531.3M$118.5M$376.9M
2022$560.0M-$17.5M$369.0M
2021$599.4M$67.3M$412.1M
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Detailed financial statements for Telesat

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Downloads

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Timeline of Telesat

5 dated milestones of Telesat across 60 years, from founding to its latest funding, stage changes and deals.

  1. Founded Telesat is founded.
  2. Exit Acquired by PSP Investments.
  3. Funding First funding round of $500.0M.
  4. IPO Lists on the stock exchange (IPO).
  5. Funding Latest funding round, Post-IPO, of $1.8M.

Web traffic of Telesat

The website of Telesat (telesat.com) receives about 49.4K visits a month and ranks #675,969 among all websites worldwide, #3,655 in Telecommunications.

  • Monthly visits
    49.4K

    ▲ 41.9% vs previous month

  • Unique visitors
    14.8K

    per month

  • Global rank
    #675,969

    among all websites

  • Category rank
    #3,655

    Computers Electronics and Technology · Telecommunications

Similar websites

Websites whose visitors overlap most with Telesat. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hughes.com
100%
61.7K#449,578View details
echostar.com
85%
125.2K#361,327View details
idirect.net
80%
73.4K#452,485View details
stratosglobal.com
78%
View details
dailywireless.org
dailywireless.org
76%
#4,184,276–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 23 similar websites and full traffic analytics for Telesat

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  • 23 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about 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. The company's 1st funding round was a Debt – Conventional of $500M, raised on Nov 2016.

Annual revenue of Telesat is $304.36M as on Dec 31, 2025.

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 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.

Yes. Telesat was acquired by PSP Investments in October 2007.

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