Telesat Lightspeed is a Low Earth Orbit (LEO) satellite communications network. The Quebec government plans to invest up to $315.5 million, equivalent to 400 million Canadian dollars, in the constellation. On the other hand, MDA will be responsible for producing its phased array antennas following a memorandum of understanding.
In the news release of Feb 18, there was an outline of how that would be beneficial. First of all, Quebec could get an ideal opportunity of utilizing a lot of the aerospace infrastructure and expertise that’s already in existence to the fullest. On the other hand, there would be the creation of up to 600 well-paying STEM employments. Last but not least, the country would improve its economy through the New Space economy since the industry is growing rapidly, no doubt.
For a long time now, Telesat has been on the front line of the provision of communications from geostationary satellites. Its latest announcement said that Thales Alenia Space would be in charge of manufacturing up to 298 satellites. Their purpose would be to facilitate Wi-Fi from LEO to aircraft and ships. Others in its market target are government customers and businesses. During the press release, it was announced that MDA could be collaborating with Thales Alenia Space and the talks were already in the advanced stages. If it were to become true, MDA would take charge of the final assembly and manufacturing of the Lightspeed satellites in Quebec.
By utilizing the next-generation manufacturing skills, it would be possible to deliver at least one Lightspeed satellite, according to Telesat. It adds that the Quebec government will get up to $200 million from a Telesat equity of its choice. In addition to that, it would also give the company a loan of the exact figure within the following months.
In November, Telesat got a go-ahead from the Canadian government to come up with satellites for its rural communities. The provision of the subsidized broadband internet services to the disadvantaged areas would cost the government up to 600 million Canadian dollars to be paid in 10 years.
There is a need for a place to house the likes of an engineering laboratory, cybersecurity, satellite control, network operations, and other technical operations. Additionally, a facility responsible for providing the Lightspeed constellation’s secure, high-capacity communication links. That’s why Telesat saw the need to establish a housing company of all that in Quebec. Such a campus would mean more jobs for the Quebec citizens too. Experts in engineering, math, science, and technology would benefit from up to 320 new job opportunities.https://goodnewsgum.com/