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Telesat Corp

corporate_fare Company Profile

Telesat Corp

TSAT·NASDAQ·Technology·CIK 0001845840

Telesat is a leading global satellite operator that has provided mission-critical communications services since the 1960s. The company offers communication solutions to sophisticated satellite users worldwide using advanced satellites, ground facilities, and expert staff. Telesat has a long operating history and has focused on customer service and industry innovations. After decades of developing and operating its Geostationary Earth Orbit (GEO) satellite services business, Telesat is currently building "Telesat Lightspeed," a constellation of Low Earth Orbit (LEO) satellites and integrated terrestrial infrastructure. This network is designed to provide global broadband connectivity to enterprise and government customers. Telesat competes in the global market for voice, data, video, and internet connectivity services, which are provided using various technologies, including satellite networks. The company provides point-to-point services, which are communication links between fixed points on Earth, and point-to-multipoint services, which are links from one point to multiple points. Telesat also provides services to mobile platforms like ships and airplanes. The satellite sector has seen significant changes over several decades due to deregulation, privatization, and consolidation, with regional, national, and global operators being acquired or partnering with other providers. There have also been many new, smaller entrants, including governmental operators launching national or regional satellite programs. More recently, non-geostationary satellite systems have been announced and are in various stages of development, deployment, and operation. A generic satellite system includes a "space segment," which consists of satellites and the Telemetry, Tracking and Control (TT&C) systems and facilities used to control and monitor them, and an "earth segment."

Telesat Corp (NASDAQ:TSAT) is a publicly traded company in the Technology sector. Wiseek monitors TSAT SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • MHR restructures Telesat stake through a continuation vehicle, granting the lead investor a board seat and liquidity rights
  • Telesat Wins Key Canadian Military Contract for Arctic Satellite Network
  • Telesat Lightspeed Selected by Canadian Armed Forces for Arctic Communications
  • Telesat Q1 Loss Widens Significantly, Revenue Plunges 25% on GEO Contract Nonrenewals
  • Telesat Reports Significant Q1 Revenue & EBITDA Decline Amid Lightspeed Progress; Reiterates 2026 Guidance

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
CA$417.96M CAD
Net Income
-CA$530.22M CAD
Diluted EPS
-CA$10.61 CAD
Op. Cash Flow
CA$66.7M CAD
Free Cash Flow
-CA$73.82M CAD
Operating Income
-CA$303.88M CAD
Cash & Equivalents
CA$494.27M CAD
Total Debt
CA$1.15B CAD
Debt / Equity
0.65×
Net Margin
-126.9%
Shares Outstanding
14.84M sh
Source: 20-F · filed 2026-03-17 · accession 0001213900-26-028638

Insider Transactions

TSAT files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$37.47
52-week range · as of 2026-07-09 $19.59 – $59.12
Market cap
$570.27M
Volume
150.8K (0.6× avg)
3-mo avg 240.9K
Live data · 2026-07-27 09:22 UTC · Pre-market

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feed TSAT - Latest Insights

TSAT
Jul 09, 2026, 7:30 AM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
8
Price at Filing: $45.99
Real-time Price: $37.47 info
Change: -$8.52 (-19%) info
Market Cap: $570.269M info
TSAT
Jul 08, 2026, 8:55 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $43.67
Real-time Price: $37.47 info
Change: -$6.20 (-14%) info
Market Cap: $570.269M info
TSAT
Jul 08, 2026, 8:15 AM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $46.15
Real-time Price: $37.47 info
Change: -$8.68 (-19%) info
Market Cap: $570.269M info
TSAT
May 05, 2026, 9:00 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $48.75
Real-time Price: $37.47 info
Change: -$11.28 (-23%) info
Market Cap: $570.269M info
TSAT
May 05, 2026, 7:01 AM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $48.75
Real-time Price: $37.47 info
Change: -$11.28 (-23%) info
Market Cap: $570.269M info
TSAT
May 05, 2026, 7:00 AM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $48.75
Real-time Price: $37.47 info
Change: -$11.28 (-23%) info
Market Cap: $570.269M info
TSAT
May 01, 2026, 9:31 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $49.18
Real-time Price: $37.47 info
Change: -$11.71 (-24%) info
Market Cap: $570.269M info
TSAT
Mar 17, 2026, 7:01 AM EDT
Filing Type: 20-F
Importance Score:
9
Price at Filing: $35.00
Real-time Price: $37.47 info
Change: +$2.47 (+7%) info
Market Cap: $570.269M info
TSAT
Mar 17, 2026, 7:01 AM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $35.00
Real-time Price: $37.47 info
Change: +$2.47 (+7%) info
Market Cap: $570.269M info
TSAT
Mar 17, 2026, 7:01 AM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $35.00
Real-time Price: $37.47 info
Change: +$2.47 (+7%) info
Market Cap: $570.269M info
TSAT
Jan 22, 2026, 11:11 AM EST
Filing Type: 6-K
Importance Score:
8
Price at Filing: $24.99
Real-time Price: $37.47 info
Change: +$12.49 (+50%) info
Market Cap: $570.269M info