Canada-based satellite communications company Telesat is all set to launch a low-earth-orbit (LEO) satellite constellation that will enable high-speed broadband from space.
The firm established in 1969 is all set to compete against Elon Musk and Jeff Bezos.
Tesla Inc. Chief Executive Elon Musk has planned a Starlink LEO into orbit alongside his SpaceX, while Jeff Bezos has a lineup of LEO named Project Kuiper, which calls for serious competition for Telesat.
In a statement, the company’s CEO, Dan Goldberg, called the LEO constellation the Holy Grail for his shareholders that proves to give a competitive streak in global broadband delivery.
The company has been in the satellite services way longer than SpaceX and Amazon and is now targeting and narrowing it down to wealthy business clients as their strategy.
Telesat’s 15 geostationary satellites will cater to ISPs, government networks, and TV broadcasters, who are most concerned about latency (time lag which affects internet user experience). Termed as Lightspeed, Telesat’s LEO will orbit around 35 times closer to Earth than a geostationary satellite with internet connectivity at a super high speed, analogous to fiber optics.