Telesat: High customer interest in Lightspeed now that it’s financed; we forecast $600M in revenue in 2028 & $3.2B in 2032

by Peter B. de Selding

PARIS — Satellite fleet operator Telesat said it has witnessed “a sea change” in discussions with prospective customers for its Lightspeed broadband satellite constellation of since it completed its its financing in September and is now confident in making revenue and profit forecasts through 2032.

Telesat has 198 software-defined satellites on order with MDA Space of Canada. Launches are set to begin in late 2026 to start field trials, with a global service starting in late 2027 with 156 satellites in orbit.The remaining 42 satellites are . . .

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