Telesat Signs $900M Deal with SpaceX for 14 Launches to Deploy Internet Satellites

Telesat signs deal with SpaceX for 14 Falcon 9 launches starting in 2026 to deploy Lightspeed internet satellites.
Telesat CEO praises SpaceX's Falcon 9 as affordable, reliable, and able to launch multiple satellites per week.
Deal valued around $900 million at SpaceX's advertised $67 million per launch pricing.
Telesat still has a separate agreement with Blue Origin to use New Glenn rocket once operational.
Telesat swapped satellite manufacturer from Thales Alenia Space to Canada's MDA, saving about $2 billion in launch costs.

cnbc.com

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