The industry is divided over the method of satellite spectrum allotment for satellite broadband services. Satellite companies such as Starlink, Amazon-backed Project Kuiper, Bharti-backed OneWeb (that recently merged into Frances Eutelsat), Canadas Telesat (which is partnering with Nelco) and US-based Hughes want allotment via the administrative route.
The Amazon-backed Project Kuiper low Earth orbiting (LEO) broadband satellite system moved a major step closer with the establishment of a satellite processing
Telesat chief executive Dan Goldberg says the Ottawa firm is still in talks with export credit agencies aimed at securing financing for its next-generation communications satellites.
Dan Goldberg tried to calm analysts’ concerns about the company’s financial future Wednesday, assuring them he remains “confident” the Ottawa firm will raise enough capital to get its next-generation satellites off the ground.
Dan Goldberg said Tuesday the Ottawa-based company remains "extremely bullish" on its plan to deliver nearly 200 low-Earth-orbit satellites starting in 2025.