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Telesat receives loan from federal government, reports declines for Q4 and fiscal year results

News | 04/02/2024 5:31 pm EDT
Telesat CEO and president Dan Goldberg at an Ottawa press conference in July 2019./ Photo by Andrew Meade.

The federal government is loaning $2.14 billion to support Telesat Corp.’s development of its low-earth orbit (LEO) global broadband satellite constellation.

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