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Stocks in play: Telesat

Baystreet.ca - Baystreet - Tue Mar 17, 7:09AM CDT

Today announced it is adding 500 MHz of military Ka-band (Mil-Ka) spectrum to the initial 156 satellites in the Telesat Lightspeed constellation to meet the fast-growing global requirements of allied defence users. Mil-Ka is immediately adjacent to the commercial Ka-band spectrum used by Telesat Lightspeed, which allows the change to be made without adversely impacting schedule and with only a modest impact on program cost. Telesat shares T.TSAT are trading unchanged at $48.64.

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