LA PLATA, Maryland — Satellite fleet operator Telesat said development of its $3.5-billion Lightspeed constellation of broadband satellites is on schedule and will require Telesat to anticipate spending up to 1.4 billion Canadian dollars ($1.02 billion) this year in capex.
Peter B. De Selding is a journalist who writes for Space Intel Report, focusing on the satellite and space industry. With a keen interest in the business and financial aspects of the space sector, Peter covers topics such as satellite launches, industry trends, and investment opportunities. His articles provide in-depth analysis and insights into the latest developments in the space industry.