07:47 AM EDT, 03/11/2025 (MT Newswires) -- Telesat ( TSAT ) and French telco Orange, on Tuesday said they have joined forces to offer new satellite connectivity options through a commercial partnership.
Under the agreement, a Telesat Lightspeed Landing Station will be hosted at Orange's teleport in France. Orange has also signed a capacity commitment for Telesat Lightspeed Low Earth Orbit (LEO) service, which will be integrated into its global portfolio of services for businesses and telecom operators.
Separately, Telesat ( TSAT ) and Space Norway, a Northern Europe satellite operator, have signed a term sheet for Telesat Lightspeed Low Earth Orbit (LEO) connectivity services. The collaboration will provide secure, low-latency and customized connectivity services for Space Norway's defense, enterprise, maritime and land customers. The parties expect to conclude definitive agreements by the second half of 2025.
Telesat ( TSAT ) was last seen down US$0.38, to US$16.92, in New York trading.