TAMPA, Fla. — Canada’s Telesat is pitching Lightspeed as a bridge to IRIS² as its low Earth orbit (LEO) broadband constellation is set to come online in 2027, at least three years before Europe’s sovereign multi-orbit network is due to enter service.

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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,...