MDA Ltd. CEO: Our 198-satellite, $1.55B Telesat Lightspeed contract positions us for other constellation wins

by Peter B. de Selding

TUPPER LAKE, NY — MDA Ltd. said its contract to build 198 Telesat Lightspeed broadband satellites gives its new digital beam-forming antenna and on-board processor product line immediate credibility in a broadband-LEO market the company said includes a handful of credible prospective customers.

MDA’s contract is valued at 2.1 billion Canadian dollars ($1.55 billion), a striking reduction in price compared to a previous Lightspeed offer of $3 billion from Thales Alenia Space. Telesat has said there is no material difference in the . . .

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