TAMPA, Fla. — Telesat is preparing to deploy a couple of Lightspeed pathfinders in December 2026, with 96 satellites for an initial global broadband service from low Earth orbit (LEO) set to launch the following year to offset mounting geostationary business declines.

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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,...