PARIS — Satellite manufacturer and Earth observation satellite services provider Maxar Technologies told investors to forget about the multibillion-dollar Telesat LEO broadband satellite constellation, saying it’s not sure Telesat will actually proceed with the project.
The statement, by Maxar Chief Executive Dan Jablonsky, was purposely ambiguous, and could be taken to mean Maxar does not like its chances against rival Thales Alenia Space, or that even if won, a Telesat LEO contract would not meet Maxar’s minimum-profitability threshold. He evoked both explanations.
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