Telesat Acquires Land In Estevan, Saskatchewan And Papineauville, Quebec; Leases Land In Shaunavon, Saskatchewan To Advance Lightspeed Terrestrial Network

Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, announced the acquisition of land in Estevan, Saskatchewan and Papineauville, Quebec, and the lease of land in Shaunavon, Saskatchewan. These sites will host new landing stations that will route data between the Telesat Lightspeed Low Earth Orbit (LEO) satellite network and major fibre and internet exchange points. The geographically diverse locations enhance network resiliency and performance for the satellite network.

As the largest space program in Canada's history, Telesat Lightspeed will expand the reach of terrestrial telecom networks and help bridge the digital divide by delivering secure, high-speed broadband connectivity worldwide. These landing stations will help enable sovereign, next-generation digital services and support Canada's economic growth, while reinforcing the protection of Arctic and northern territories.