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Telesat Gets Canadian Government Loan to Help Build Lightspeed

The government of Canada agreed to make a loan of roughly $1.58 billion to help fund Telesat's planned Lightspeed low earth orbit constellation, Telesat said Monday. The first Lightspeeds are scheduled for launch in June 2026 and offer full global…

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coverage and service by the end of 2027 (see 2403280044).