Tag: Telesat
MDA Space Adds Military Comms to Telesat’s LEO Expansion
MDA Space Ltd. (TSX: MDA) (NYSE: MDA) announced in a press release on August 4 that the value of its satellite manufacturing contract with Telesat Corporation (Nasdaq: TSAT) (TSX: TSAT) has increased by $474 million, following Telesat’s decision to expand its Lightspeed low Earth orbit (LEO) broadband constellation. The increase matters beyond its dollar figure:…