Loral Space & Communications Inc. Reports Earnings Results for the Full Year Ended December 31, 2020

Telesat Corporation is a Canada-based company. The Company is a global satellite operator, providing its customers with communications services. Through a combination of satellites and ground facilities, the Company's communications solutions support the requirements of satellite users. It is engaged in developing and operating orbit-based (GEO) satellite services business. It also develops Low Earth Orbit (LEO) satellites and integrated terrestrial infrastructure, called Telesat Lightspeed, which is a platform designed to develop the provision of global broadband connectivity. It transforms the global satellite and terrestrial communications industries. It offers a suite of GEO satellite services to direct-to-home (DTH) service providers, Internet service providers (ISPs), network service integrators, telecommunications carriers, corporations and government agencies. Telesat Lightspeed consists of approximately 298 interconnected LEO satellites for commercial and government users.