telesat
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Canada invests $85 million in internet satellites for rural areas
Telesat, the Canadian telecom and SpaceX internet competitor, wants to connect remote regions with its low-earth-orbit satellites. Now, it appears to have the backing of Her Majesty's Government. The company announced today that it is partnering with the Canadian government to expand high-speed internet access to rural areas. Over the next decade, the government will contribute $600 million in Canadian dollars towards the telecom's upcoming fleet of satellites. An additional $85 million of funding will be used to create 500 new jobs, invest in R&D and promote STEM education.
Telesat inks satellite internet deals with Loon and Blue Origin
Canadian telecom Telesat has inked a couple of deals that could boost its aim to become a key player in the satellite internet field. It's planning to establish a low-earth orbit network of 292 satellites, with Jeff Bezos' Blue Origin helping to deploy them. Telesat will also use Alphabet-owned Loon's networking system to make sure the satellites work in harmony.
