Telesat wins $2.3-billion Arctic military satellite contract, shares soar

By Kyle Duggan

The Globe and Mail - Business · 4d ago

Canadian Armed Forces expect to gain access to communications through Telesat’s low-Earth orbit network in early 2028

Originally published by The Globe and Mail - Business.

Related News

More Business →

Telesat, MDA Space shares soar on news of satellite contract with Canada’s Armed Forces

Deal is expected to create or maintain 2,600 jobs annually across Canada for about seven years

The Globe and Mail - Business · 3d ago

Shopify shares soar as AI efforts begin to pay off

E-commerce giant has seen growth from agentic commerce, which is the use of autonomous AI agents to search for and buy products online

The Globe and Mail - Business · 3d ago

Shopify shares soar as revenue forecast paints AI as growth driver

The company’s AI tools for merchants have been popular with small- and medium-sized businesses looking to execute tasks faster and cheaper

The Globe and Mail - Business · 3d ago

Gran Tierra to sell South American assets to Maurel and Prom in $1.33-billion deal

Deal expected to eliminate most of the Calgary-based energy company’s interest costs

The Globe and Mail - Business · 3d ago

← Top Stories