Northwire Canada EditionFriday, October 23, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4060.40 −2.2% SILVER 55.01 −4.7% COPPER 6.40 −2.8% OIL 99.47 +2.4% PALLADIUM 1052.50 −3.4% ATY 0.215 −8.5% CNL 14.70 −8.9% ABI 0.060 +0.0% AUGC 0.245 −12.5% ITR 3.18 −5.4% LKY 0.005 +0.0% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.33 −8.1% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% EMNT 0.290 −14.7% MOO 0.680 +13.3% BMM 4.27 −0.7% GOLD 4060.40 −2.2% SILVER 55.01 −4.7% COPPER 6.40 −2.8% OIL 99.47 +2.4% PALLADIUM 1052.50 −3.4% ATY 0.215 −8.5% CNL 14.70 −8.9% ABI 0.060 +0.0% AUGC 0.245 −12.5% ITR 3.18 −5.4% LKY 0.005 +0.0% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.33 −8.1% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% EMNT 0.290 −14.7% MOO 0.680 +13.3% BMM 4.27 −0.7%
M&A / Property

Telesat invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite network

By The Northwire Desk — AI Analysis Nov 04, 2025 · 08:42 TSAT · 41.55 TELESAT CORPORATION CL A COM & CL B VV
TSAT · Price

Executive Summary

  • Telesat announced an expanded partnership with satellite‑terminal startup Farcast, including a US $5 million equity investment and a seat on Farcast’s board.
  • Under the agreement Farcast will deliver an enterprise‑class flat‑panel antenna (FPA) user terminal fully integrated with the Telesat Lightspeed modem, slated for volume production beginning in 2027.
  • The collaboration builds on a pre‑production program that started in 2022 and is intended to enhance Telesat’s Lightspeed LEO network offering to telecom, enterprise, aviation and defence customers.

Key Details

  • Equity Investment: Telesat will invest US $5 million in Farcast (Telesat LEO ULC).
  • Board Representation: Telesat will obtain a seat on Farcast’s board of directors.
  • Product Deliverable: Farcast to supply an enterprise‑class Flat Panel Antenna (FPA) user terminal, fully integrated with the Telesat Lightspeed modem.
  • Technology Highlights: Farcast’s Active Electronically Scanned Antenna (AESA) enables simultaneous transmit/receive from a single aperture, delivering reduced size, weight, power and cost (SWaP‑C).
  • Development Timeline: Hardware iterations have been built and tested; full integration and volume production of the terminals are planned for 2027.
  • Strategic Rationale: The partnership aims to broaden Telesat Lightspeed’s value proposition, offering high‑performance, low‑cost terminals for enterprise, telecom, aviation and defence markets.
  • Historical Collaboration: Telesat and Farcast have cooperated since 2022 on a pre‑production development program to mature the technology for Lightspeed network use.

Notable Quotes

  • “We see value not only in what Farcast can provide for Telesat’s telecom and enterprise customers, but also the wider satellite industry for mass‑produced, high‑performing terminals…” – Michel Forest, Chief Technology Officer, Telesat.
  • “Our collaboration with Telesat has been a cornerstone of our journey… to ensure mission‑critical connectivity for Telesat’s customers.” – Siamak Ebadi, Founder & CEO, Farcast.
Read the original news release →

More from TELESAT CORPORATION CL A COM & CL B VV

May 05, 2026 · 07:30

Telesat Lightspeed Backlog Grows Despite Q1 Loss Widening; Debt Refinancing Looms

Earnings Apr 02, 2026 · 18:53

Telesat, Northwestel sign Lightspeed LEO agreement

M&A / Property Apr 02, 2026 · 11:05

Northwestel and Telesat formalize Telesat Lightspeed agreement

Other Mar 17, 2026 · 12:56

Telesat adds Mil-Ka to Lightspeed for defence demand

Other Mar 17, 2026 · 07:00

Telesat adds military Ka-band to Telesat Lightspeed to meet strong global demand for defence and sovereignty requirements

Production / Operations Mar 17, 2026 · 07:00

Telesat reports results for the quarter and twelve months ended December 31, 2025

Earnings