A rendering of a Telesat Lightspeed satellite based on MDA's new software-defined platform. Credit: Telesat

TAMPA, Fla. — Saudi Arabia-based geostationary operator Arabsat signed a deal May 14 for broadband capacity from Telesat’s proposed low Earth orbit constellation, a day after SpaceX CEO Elon Musk announced approval to sell LEO services to maritime and aviation customers in the region.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...