Telesat and Hanwha sign strategic cooperation agreement for next-generation space and marine technologies

Executive Summary

• Telesat and South Korean defense/ICT leader Hanwha Systems signed an MoU to jointly develop next‑generation sovereign LEO satellite connectivity solutions and compatible user terminals for Telesat Lightspeed.
• The collaboration will support government‑backed initiatives, including Korea’s K‑LEO constellation, the Canadian Patrol Submarine Project (CPSP), and broader defense‑related maritime platforms.
• Executives highlighted that the partnership enhances secure, high‑performance communications for Canada, South Korea, and allied partners, positioning both companies for expanded business in global defense and space markets.

Key Details

• MoU Scope: Joint exploration of cooperative programs covering:
• Korea’s K‑LEO satellite constellation and defense user terminals compatible with both K‑LEO and Telesat Lightspeed.
• Integration of Telesat Lightspeed services into Hanwha’s bid for the Canadian Patrol Submarine Project (CPSP) as part of its Industrial and Economic Benefits to Canada proposal.
• Application of Lightspeed connectivity to various Hanwha weapon‑system platforms, targeting global defense market opportunities.
• Government Context: Follows a Letter of Intent between:
• Government of Canada (via Canadian Commercial Corporation) and
• Government of Korea (via Defense Acquisition Program Administration) to pursue structured initiatives on next‑generation commercial LEO communications and advanced maritime platforms.
• Executive Statements:
• Dan Goldberg, President & CEO, Telesat – Emphasized the partnership’s ability to deliver secure, sovereign LEO communications for critical defense missions and national priorities.
• Jae‑il Son, President & CEO, Hanwha Systems – Stressed strengthening global market position and advancing Hanwha’s role as a key defense and space technology provider.
• Strategic Implications:
• Enhances Telesat’s footprint in the defense sector and expands its Lightspeed service offerings to new governmental and maritime customers.
• Provides Hanwha Systems with access to a proven LEO network, supporting its bid for major Canadian defence contracts and broader international defense collaborations.

Notable Quotes

• “This collaboration brings together complementary resources and expertise to deliver next‑generation, sovereign LEO communications capabilities for Canada, South Korea, and our allied partners.” – Dan Goldberg, President & CEO, Telesat
• “By expanding partnerships with trusted global leaders, Hanwha Systems will continue to strengthen its position in the global market and advance its role as a key defense and space technology provider.” – Jae‑il Son, President & CEO, Hanwha Systems