FOCUS-Canada s Telesat takes on Musk and Bezos in space race to provide fast broadband Reuters 1 hr ago
OTTAWA, April 11 (Reuters) - Canada s Telesat is racing to launch a low-earth-orbit (LEO) satellite constellation to provide high-speed global broadband from space, pitting the satellite communications firm founded in 1969 against two trailblazing billionaires, Elon Musk and Jeff Bezos.
Musk, the Tesla Inc CEO who was only a year old when Telesat launched its first satellite, is putting the so-called Starlink LEO into orbit with his company SpaceX, and Amazon.com Inc, which Bezos founded, is planning a LEO called Project Kuiper. Bezos also owns Blue Origin, which builds rockets.
Despite the competition, Dan Goldberg, Telesat s chief executive officer, voices confidence when he calls Telesat s LEO constellation "the Holy Grail" for his shareholders - "a sustainable competitive advantage in global broadband delivery."
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