“Q3 was in line with our expectations, and I'm pleased with Telesat's performance in the first 9 months of this year in both our GEO and LEO segments.” (CEO Dan Goldberg)
“In LEO, we continue to make strong progress on the development of the satellites, ground infrastructure, and the software for the network.” (CEO Dan Goldberg)
“We're seeing strong interest in Telesat Lightspeed across our target segments, particularly at this time with aero and government users.” (CEO Dan Goldberg)
“The revenue decrease for the quarter was primarily due to a lower rate on the renewal of a long-term agreement with a North American direct-to-home customer and the expiration of a separate agreement with that customer.” (CFO Andrew Brown)
“We reiterated our guidance for 2025 for revenues, adjusted EBITDA, and capital expenditure.” (CFO Andrew Brown)