Canadian govt invests C$1.44bn in Telesat constellation

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In the past, Telesat has said it needed around $5 billion to build its ambitious Lightspeed LEO satellite broadband constellation, $1.4 billion of which would come from its own coffers.  Yesterday, the Canadian company reached a major milestone in sourcing the additional funding required, with the Canadian government agreeing to invest C$1.44 billion (around $1.15 billion) into the project…

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