{"id":850830,"date":"2025-05-14T07:38:14","date_gmt":"2025-05-14T11:38:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/"},"modified":"2025-05-14T07:38:14","modified_gmt":"2025-05-14T11:38:14","slug":"arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/","title":{"rendered":"Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio"},"content":{"rendered":"<div class=\"mw_release\">\n<p>DUBAI, United Arab Emirates, May  14, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RRGpaYiC4XTsNatvRwYHOwpJpZsyHeskidnZz2-wrQrck8Cg745u2dcibUR3Kj2q2qH2pa5-VCY8ana0jC86N5bGnySj8QVoFN1Lah5G4to=\" rel=\"nofollow\" target=\"_blank\">Telesat<\/a> (NASDAQ and TSX: TSAT), one of the world\u2019s largest and most innovative satellite operators, and Arab Satellite Communications Organization (Arabsat), the top satellite service provider in the Arab world, today announced the companies have successfully negotiated and signed a Term Sheet for a multi-Gbps capacity pool of Telesat Lightspeed connectivity services. The companies executed the agreement today during a signing ceremony at the CABSAT 2025 event in Dubai.<\/p>\n<p>Building on the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3bh8YQAfe07gJj5G0y8ATjREyVCK9lLYx8XkhR0jYKPYG39Yyb6D1VhjfwpCzY97ZcIXjiMykbUSXsUu1AkZcN7bsvSUNzaOiEeUeF8ftGMIr6QOtUmAfv06MFseEDb5u-5GBB-bkjuxWYFTqtG4sE7VWHzCi9zJf-B1mkLaXlCovihtn16k_lIGnyHipUm1mX5SLoqmDsBPtPQ3zLVYgkKZGTF5ORHg9wTh-jgG-rs=\" rel=\"nofollow\" target=\"_blank\">Memorandum of Understanding<\/a> (MoU) signed in 2024, this agreement establishes the negotiated framework for Arabsat\u2019s integration of Telesat Lightspeed LEO services, backed by Committed Information Rates (CIRs) and Service Level Agreements (SLAs), into its multi-orbit satellite ecosystem, ensuring robust and seamless broadband connectivity solutions tailored for enterprise, telecom, government, and mobility sectors. The parties expect to conclude definitive agreements by December 2025.<\/p>\n<p>\u201cThis agreement with Telesat marks a major milestone in Arabsat\u2019s multi-orbit strategy and the advanced Telesat Lightspeed network will offer innovative capabilities to our customers in each of the markets we serve,\u201d said President and CEO Alhamedi Alanezi. \u201cBy offering LEO and GEO service, as well as blended combinations, we are laying the foundation for a new era of connectivity. Multi-orbit satellite systems and terminals will position the Arabsat Group at the forefront of digital transformation\u2014delivering faster, more reliable, and cost-effective connectivity tailored to the distinct performance needs of each industry.\u201d<\/p>\n<p>\u201cWe\u2019re excited to achieve this important milestone in our strategic partnership with Arabsat, a premier satellite operator, which will bring innovative connectivity advancements to their customers across the Middle East, Africa, Europe and Central Asia,\u201d stated Dan Goldberg, Telesat\u2019s President and CEO. \u201cIn addition to the inherent security and reliability features of Telesat Lightspeed, Arabsat will have unprecedented flexibility to design, manage and control services to their customers, through Telesat\u2019s interoperable lifecycle orchestration systems.\u201d<\/p>\n<p>\n        <strong>About Telesat<\/strong>\n      <\/p>\n<p>Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (Nasdaq and TSX: TSAT) is one of the largest and most innovative global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world\u2019s most complex communications challenges, providing powerful advantages that improve their operations and drive profitable growth.<\/p>\n<p>Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company\u2019s state-of-the-art Low Earth Orbit (LEO) satellite network, has been optimized to meet the rigorous requirements of telecom, government, maritime and aeronautical customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity, secure and resilient links with fibre-like speeds. For updates on Telesat, follow us on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dLPv6xDtlkfURtPZOH-5nYZmf9E0ThmMx-nLWXz0UXGtuB0jrvtoW8RRjY_rY_izO-yVvOeRPTv5VseQ1sACkXgQS1rViVWQqAren8apCv0=\" rel=\"nofollow\" target=\"_blank\">LinkedIn<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Yg9VBGWrfCMJZ3Gv8VyTFd3RmYPzsBgkA-U3I4te0jcoFVC1AZlYPdQiCYAWJOJ65nUY6q-UW8kHKdl6_e-vOg==\" rel=\"nofollow\" target=\"_blank\">X<\/a>, or visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-BhEApazZ1Iy8PKWZBWfdXpO0sj-SnRv0zwIyKcLjeMZO3jEvxk8djZ820tlHM2ZLyaBwJ1LAKlQHF6ojFARlYQ9_Otg3dhO0vgTSx6GkvE=\" rel=\"nofollow\" target=\"_blank\">www.telesat.com<\/a>.<\/p>\n<p>\n        <strong>About Arabsat<\/strong>\n      <\/p>\n<p>Established in 1976, Arabsat is an initiative launched by 21 Arab countries and is wholly owned by the Arab League. It is considered the first provider of satellite services in the Arab world and enjoys an advanced position among satellite operators globally.<\/p>\n<p>Thanks to a fleet of 8 satellites, equipped with state-of-the-art technologies, Arabsat is adept at providing a full spectrum TV and radio broadcast, telecommunications, broadband, advanced data transmission network solutions, and a range of satellite ecosystem services as well as multi-channel communications services, in addition to Internet services for government and commercial entities around the MENA region.<\/p>\n<p>Arabsat provides satellite and Internet broadcast services for more than 260 encrypted television networks and HD channels. It provides its services through advanced technologies, ensuring the highest quality to over 650 TV channels and more than 245 radio stations, reaching tens of millions of households in more than 100 countries in the Middle East, Africa, Europe, and Central Asia. These channels and stations are followed by more than 300 million viewers in 21 Arab countries.<\/p>\n<p>Arabsat seeks to empower itself as the world\u2019s best satellite operator. To do so, it follows an approach based on passion, stimulating innovation, and developing partnerships with the most prestigious satellite companies worldwide. This approach enabled Arabsat to acquire Hellasat, the most prominent satellite company in Southeastern Europe. In addition, Arabsat signed agreements with value-added services integration and advanced technology companies, which paved the way to launch Badr 8, the latest seventh generation satellite in its fleet. Furthermore, Arabsat aspires to launch more satellites equipped with optical communications technologies, which represent a real addition to the Arab satellite communications ecosystem.<\/p>\n<p>\n        <strong>Media Contacts:<\/strong>\n      <\/p>\n<p>W2 Communications for Telesat<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zogfNim0zokWyOY8FlSoxz5NUm75XQkVY_6rhzP3nAf3_4X95gFpZOvXS_4xd8Kkyv6Re5ufr5za5GVh6UWTpSNFZy3-HQLQH1hIlxjdkOY=\" rel=\"nofollow\" target=\"_blank\">telesat@w2comm.com<\/a><\/p>\n<p>Arabsat Public Relations<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OYL_z-z9eFNc0TvIJJE1HMCGzNtP3BjT-zUOqRgYu25Noc1grtUEg56myjoZIrPM8rs59pKmVq7uZhy-H-Vy3e6vq8_hVskOhdyzzV9g5zZe8wI4L3doW3mBHds3ipwr\" rel=\"nofollow\" target=\"_blank\">publicrelations@arabsat.com<\/a><\/p>\n<p>\n        <strong>Telesat\u2019s Forward-Looking Statements Safe Harbor<\/strong>\n      <\/p>\n<p>This news release contains statements that are not based on historical fact and are \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws. When used herein, statements which are not historical in nature, or which contain the words \u201c<em>will<\/em>,\u201d \u201c<em>expects,<\/em>\u201d or similar expressions, are forward-looking statements. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. All statements made in this press release are made only as of the date set forth at the beginning of this release. Telesat Corporation undertakes no obligation to update the information made in this release in the event facts or circumstances subsequently change after the date of this press release.<\/p>\n<p>These forward-looking statements are based on Telesat Corporation\u2019s current expectations and are subject to a number of risks, uncertainties and assumptions. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond Telesat Corporation\u2019s control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. There are numerous risks and uncertainties associated with Telesat\u2019s business and the Telesat Lightspeed constellation. Known risks and uncertainties include but are not limited to: inflation and rising interest rates; tariffs; Telesat\u2019s ability to meet the funding conditions of its funding agreements with the Government of Canada and Government of Quebec; technological hurdles, including our and our contractors\u2019 development and deployment of the new technologies required to complete the constellation in time to meet our schedule, or at all; the availability of services and components from our and our contractors\u2019 supply chains; competition; risks associated with domestic and foreign government regulation, including access to sufficient orbital spectrum to be able to deliver services effectively and access to sufficient geographic markets in which to sell those services; Telesat\u2019s ability to develop significant commercial and operational capabilities; risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance; and volatility in exchange rates. The foregoing list of important factors is not exhaustive. Investors should review the other risk factors discussed in Telesat Corporation\u2019s annual report on Form 20-F for the year ended December 31, 2024, that was filed on March 27, 2025, with the United States Securities and Exchange Commission (\u201cSEC\u201d) and the Canadian securities regulatory authorities at the System for Electronic Document Analysis and Retrieval (\u201cSEDAR\u201d), and may be accessed on the SEC\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_Im5XW_VO9DOvaBF_1daXJOZGH7RM4DmpCHB-TZcpSiLMaJJTuLhOAxd4_edHWy9_LE1bN6jBeGXMIKsspBRc6uH6Vg2naj8C8T2b2Kw14w=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.sec.gov\/<\/a> and SEDAR\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_Im5XW_VO9DOvaBF_1daXJWB4h7t2hGPP0Y8s--FdnNTI9hKMZ-XD6DAIXr-xL9p8LfENVNNam0CPyF99msYCJewbJ7Z3rXnuheaacyT93E=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.sedarplus.ca\/<\/a> as well as our subsequent reports on Form 6-K filed with the SEC and also available on SEDAR.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ1MTIzMiM2OTQwMTI1IzIyODU4Mjc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NzFkMzNlM2UtZjVkNi00ZjliLWI3YzgtMWEyNDdlODVjNzRiLTEyOTczNzctMjAyNS0wNS0xNC1lbg==\/tiny\/Telesat-Canada.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI, United Arab Emirates, May 14, 2025 (GLOBE NEWSWIRE) &#8212; Telesat (NASDAQ and TSX: TSAT), one of the world\u2019s largest and most innovative satellite operators, and Arab Satellite Communications Organization (Arabsat), the top satellite service provider in the Arab world, today announced the companies have successfully negotiated and signed a Term Sheet for a multi-Gbps capacity pool of Telesat Lightspeed connectivity services. The companies executed the agreement today during a signing ceremony at the CABSAT 2025 event in Dubai. Building on the Memorandum of Understanding (MoU) signed in 2024, this agreement establishes the negotiated framework for Arabsat\u2019s integration of Telesat Lightspeed LEO services, backed by Committed Information Rates (CIRs) and Service Level Agreements (SLAs), into its multi-orbit satellite ecosystem, ensuring &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-850830","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DUBAI, United Arab Emirates, May 14, 2025 (GLOBE NEWSWIRE) &#8212; Telesat (NASDAQ and TSX: TSAT), one of the world\u2019s largest and most innovative satellite operators, and Arab Satellite Communications Organization (Arabsat), the top satellite service provider in the Arab world, today announced the companies have successfully negotiated and signed a Term Sheet for a multi-Gbps capacity pool of Telesat Lightspeed connectivity services. The companies executed the agreement today during a signing ceremony at the CABSAT 2025 event in Dubai. Building on the Memorandum of Understanding (MoU) signed in 2024, this agreement establishes the negotiated framework for Arabsat\u2019s integration of Telesat Lightspeed LEO services, backed by Committed Information Rates (CIRs) and Service Level Agreements (SLAs), into its multi-orbit satellite ecosystem, ensuring &hellip; Continue reading &quot;Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-14T11:38:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ1MTIzMiM2OTQwMTI1IzIyODU4Mjc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio\",\"datePublished\":\"2025-05-14T11:38:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\\\/\"},\"wordCount\":1210,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ1MTIzMiM2OTQwMTI1IzIyODU4Mjc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\\\/\",\"name\":\"Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/","og_locale":"en_US","og_type":"article","og_title":"Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio - Market Newsdesk","og_description":"DUBAI, United Arab Emirates, May 14, 2025 (GLOBE NEWSWIRE) &#8212; Telesat (NASDAQ and TSX: TSAT), one of the world\u2019s largest and most innovative satellite operators, and Arab Satellite Communications Organization (Arabsat), the top satellite service provider in the Arab world, today announced the companies have successfully negotiated and signed a Term Sheet for a multi-Gbps capacity pool of Telesat Lightspeed connectivity services. The companies executed the agreement today during a signing ceremony at the CABSAT 2025 event in Dubai. Building on the Memorandum of Understanding (MoU) signed in 2024, this agreement establishes the negotiated framework for Arabsat\u2019s integration of Telesat Lightspeed LEO services, backed by Committed Information Rates (CIRs) and Service Level Agreements (SLAs), into its multi-orbit satellite ecosystem, ensuring &hellip; Continue reading \"Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/","og_site_name":"Market Newsdesk","article_published_time":"2025-05-14T11:38:14+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ1MTIzMiM2OTQwMTI1IzIyODU4Mjc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio","datePublished":"2025-05-14T11:38:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/"},"wordCount":1210,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ1MTIzMiM2OTQwMTI1IzIyODU4Mjc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/arabsat-selects-telesat-lightspeed-low-earth-orbit-leo-services-for-its-multi-orbit-connectivity-portfolio\/","name":"Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio - 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