Latest news with #Telesat
Globe and Mail
a day ago
- Business
- Globe and Mail
Telesat Announces Results of 2025 Annual General Meeting of Shareholders
OTTAWA, Ontario, June 19, 2025 (GLOBE NEWSWIRE) -- Telesat Corporation (Nasdaq and TSX: TSAT) ('Telesat' or the 'Company'), one of the world's largest and most innovative satellite operators, today announced the voting results from its annual general meeting of shareholders held on June 17th virtually via live audio webcast. Shareholders of Telesat voted in favour of all items of business, including the appointment of Deloitte LLP Chartered Professional Accountants as auditors of the Company and the election of each of the director nominees as follows: Director Nominee Votes For Votes Withheld (a) Michael Boychuk 47,936,239 986,534 (b) Jane Craighead 46,146,974 2,775,795 (c) Richard Fadden 47,932,024 990,749 (d) Daniel S. Goldberg 47,934,997 987,776 (e) Henry (Hank) Intven 46,846,629 2,076,144 (f) David Morin 47,926,555 996,218 (g) Dr. Mark H. Rachesky 46,143,966 2,778,807 (h) Guthrie Stewart 46,145,394 2,777,377 (i) Michael B. Targoff 47,938,568 984,205 (j) Janet Yeung 47,938,784 983,987 Final voting results on all matters voted on at the meeting will be filed on SEDAR+ at and on EDGAR at About Telesat Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (Nasdaq and TSX: TSAT) is one of the largest and most successful global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world's most complex communications challenges, providing powerful advantages that improve their operations and drive profitable growth. Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company's Low Earth Orbit ('LEO') satellite network, has been optimized to meet the rigorous requirements of telecom, government, maritime and aeronautical customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity, secure and resilient links with fibre-like speeds. For updates on Telesat, follow us on LinkedIn, X, or visit Contacts: Investor Relations
Business Insider
11-06-2025
- Business
- Business Insider
Telesat, Vocus to build Telesat Lightspeed Low Earth Orbit Laning Station
Vocus and Telesat (TSAT) announced that Vocus will build Australia's first Telesat Lightspeed Low Earth Orbit Landing Station. Vocus will construct and operate the new Landing Station in New South Wales, Australia and provide fiber connectivity to Telesat's point of presence, connecting Telesat's advanced LEO satellite constellation, called Telesat Lightspeed, to terrestrial networks, providing secure, low-latency satellite services across the region. Confident Investing Starts Here:
Yahoo
10-06-2025
- Business
- Yahoo
Vocus and Telesat announce multi-year Telesat Lightspeed terrestrial infrastructure and services contract
MELBOURNE, Australia and OTTAWA, Canada, June 10, 2025 (GLOBE NEWSWIRE) -- Vocus, Australia's specialist digital infrastructure provider, and Telesat (Nasdaq and TSX: TSAT), one of the world's most innovative satellite operators, today announced that Vocus will build Australia's first Telesat Lightspeed Low Earth Orbit (LEO) Landing Station. Vocus will construct and operate the new Landing Station in New South Wales, Australia and provide fibre connectivity to Telesat's point of presence (PoP), connecting Telesat's advanced LEO satellite constellation, called Telesat Lightspeed, to terrestrial networks, providing secure, low-latency satellite services across the region. "As a leading provider of Landing Stations and fibre network solutions, Vocus is an ideal partner to deliver the resilient, scalable terrestrial infrastructure that not only serves as a key interconnect point for customer data, but also further strengthens Australia's digital infrastructure resilience," said Asit Tandon, Telesat's Chief Network and Information Officer. "Telesat will begin launching its LEO satellites in late 2026 and this new Landing Station will play a key role in satellite testing and customer field trials before global service delivery." "We're proud to be partnering with Telesat on establishing its network in Australia,' said Ashley Neale, Head of Vocus Space and Wireless Operations. 'Vocus already has 30 ground stations currently in operation or contracted to be built, demonstrating that our infrastructure provides the critical reliability needed for LEO networks.' Vocus signs Telesat Lightspeed services commitment The long-term agreement also includes Telesat Lightspeed services when the network becomes operational. These services, backed by committed information rates (CIR) and comprehensive service level agreements, will ensure resilient, low-latency connectivity for Vocus' enterprise and government customers, complementing its already substantial LEO satellite services customer base. "We're honoured that Vocus will be integrating our MEF 3.0 compliant Telesat Lightspeed Carrier Ethernet services into its portfolio to meet the secure, mission-critical requirements of their customers in Australia, as well as their distributed networks across the globe," said Glenn Katz, Telesat's Chief Commercial Officer. "In addition to public networking options via Telesat's global Landing Stations, our flexible architecture includes options for Private Access Stations, special security add-ons, and the ability for Vocus' customers to maintain complete control over encryption, providing valuable, differentiated capabilities in their LEO portfolio." A unique feature of the Telesat Lightspeed service will be its Terminal-to-Terminal direct connectivity capability, which eliminates the need for terrestrial links for customers transmitting especially sensitive information. "This will enable, for example, a naval vessel to communicate via the Telesat Lightspeed satellites directly with ground deployed soldiers via the optical laser-linked space network, completely bypassing land-based infrastructure or the public internet," explained Neale. "This capability will be extremely valuable to customers with mission-critical communications requirements and a desire to preserve data sovereignty even outside of Australia's geographic borders." About Vocus Vocus, Australia's specialist fibre and network solutions provider, owns and operates a 27,000-km fibre network across Australia and subsea connecting all Australian mainland capitals with New Zealand, Asia, and the USA. Vocus' network includes the 4,600km Australia Singapore Cable (ASC) from Perth to Singapore via Indonesia and the 2,100km North-West Cable System (NWCS) from Port Hedland to Darwin. Vocus owns a portfolio of well recognised brands catering to enterprise, government, wholesale, small business and residential customers across Australia. About Telesat Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (NASDAQ and TSX: TSAT) is one of the largest and most innovative global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world's most complex communications challenges, providing powerful advantages that improve their operations and drive profitable growth. Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company's state-of-the-art Low Earth Orbit (LEO) satellite network, has been optimized to meet the rigorous requirements of telecom, government, maritime and aeronautical customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity, secure and resilient links with fibre-like speeds. For updates on Telesat, follow us on LinkedIn, X, or visit Media Contacts Dan Warne for Vocus0421 027 W2 Communications for Telesattelesat@ Telesat's Forward-Looking Statements Safe HarborThis news release contains statements that are not based on historical fact and are 'forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws. When used herein, statements which are not historical in nature, or which contain the words 'will,' or similar expressions, are forward-looking statements. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. All statements made in this press release are made only as of the date set forth at the beginning of this release. Telesat Corporation undertakes no obligation to update the information made in this release in the event facts or circumstances subsequently change after the date of this press release. These forward-looking statements are based on Telesat Corporation's current expectations and are subject to a number of risks, uncertainties and assumptions. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond Telesat Corporation's control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. There are numerous risks and uncertainties associated with Telesat's business and the Telesat Lightspeed constellation. Known risks and uncertainties include but are not limited to: inflation and rising interest rates; tariffs; Telesat's ability to meet the funding conditions of its funding agreements with the Government of Canada and Government of Quebec; technological hurdles, including our and our contractors' development and deployment of the new technologies required to complete the constellation in time to meet our schedule, or at all; the availability of services and components from our and our contractors' supply chains; competition; risks associated with domestic and foreign government regulation, including access to sufficient orbital spectrum to be able to deliver services effectively and access to sufficient geographic markets in which to sell those services; Telesat's ability to develop significant commercial and operational capabilities; risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance; and volatility in exchange rates. The foregoing list of important factors is not exhaustive. Investors should review the other risk factors discussed in Telesat Corporation's annual report on Form 20-F for the year ended December 31, 2024, that was filed on March 27, 2025, with the United States Securities and Exchange Commission ('SEC') and the Canadian securities regulatory authorities at the System for Electronic Document Analysis and Retrieval ('SEDAR'), and may be accessed on the SEC's website at and SEDAR's website at as well as our subsequent reports on Form 6-K filed with the SEC and also available on while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
High Growth Tech Stocks in Asia Featuring Intellian Technologies
Amidst global market volatility and renewed tariff threats, small-cap indexes have faced significant challenges, with the Russell 2000 Index experiencing a notable decline. In this environment, identifying high-growth tech stocks in Asia becomes crucial as these companies often demonstrate resilience through innovation and adaptability in fluctuating economic landscapes. Name Revenue Growth Earnings Growth Growth Rating Suzhou TFC Optical Communication 29.68% 30.37% ★★★★★★ Auras Technology 21.79% 25.47% ★★★★★★ Fositek 26.71% 33.90% ★★★★★★ Shanghai Huace Navigation Technology 24.40% 23.42% ★★★★★★ Range Intelligent Computing Technology Group 27.98% 29.01% ★★★★★★ Nanya New Material TechnologyLtd 22.72% 63.29% ★★★★★★ PharmaResearch 24.38% 25.85% ★★★★★★ eWeLLLtd 24.95% 24.40% ★★★★★★ JNTC 34.26% 86.00% ★★★★★★ RemeGen 23.19% 65.54% ★★★★★★ Click here to see the full list of 495 stocks from our Asian High Growth Tech and AI Stocks screener. Let's uncover some gems from our specialized screener. Simply Wall St Growth Rating: ★★★★★☆ Overview: Intellian Technologies, Inc. is a company that supplies satellite antennas and terminals both in South Korea and globally, with a market cap of ₩464.52 billion. Operations: Intellian Technologies focuses on the production and distribution of satellite antennas and terminals, catering to both domestic and international markets. The company generates revenue through the sale of these products, which are essential for maritime, land-based, and government communication systems. Intellian Technologies, a leader in satellite communication systems, is poised for significant growth with a 33.4% annual revenue increase and an anticipated profit surge of 127.6%. Recently, the company repurchased shares worth KRW 2.04 billion, underscoring its financial confidence amid expanding market demands. Their partnership with Telesat to produce Ka-band flat panel User Terminals for the Lightspeed LEO constellation highlights Intellian's innovative edge in high-tech aerospace solutions. This venture not only enhances their product line but also positions them strategically within the fast-evolving satellite tech industry, promising robust future prospects as they capitalize on advanced manufacturing capabilities and strong client relationships like that with Telesat. Delve into the full analysis health report here for a deeper understanding of Intellian Technologies. Assess Intellian Technologies' past performance with our detailed historical performance reports. Simply Wall St Growth Rating: ★★★★★★ Overview: Akeso, Inc. is a biopharmaceutical company focused on the global research, development, manufacture, and commercialization of antibody drugs with a market capitalization of HK$75.22 billion. Operations: The company's primary revenue stream is derived from the research, development, production, and sale of biopharmaceutical products, generating CN¥2.12 billion. Akeso, Inc. has recently made significant strides in the biopharmaceutical sector with its innovative PD-1/VEGF bispecific antibody, ivonescimab, marking a new era in cancer treatment. With the National Medical Products Administration's approval for its use as a first-line treatment for NSCLC, Akeso is at the forefront of addressing critical unmet medical needs. This approval was supported by compelling Phase III data showing ivonescimab's superiority over pembrolizumab in progression-free survival (11.14 months vs 5.82 months) and overall survival rates. These advancements not only underscore Akeso's research prowess but also position it well within Asia's high-growth tech landscape, promising robust future prospects as they continue to innovate and expand their therapeutic impact globally. Navigate through the intricacies of Akeso with our comprehensive health report here. Gain insights into Akeso's past trends and performance with our Past report. Simply Wall St Growth Rating: ★★★★☆☆ Overview: ANYCOLOR Inc. is an entertainment company with operations in Japan and internationally, and it has a market cap of ¥239.86 billion. Operations: ANYCOLOR Inc. generates revenue primarily through its entertainment operations in Japan and international markets. The company's offerings include virtual talent management, digital content creation, and related services. ANYCOLOR Inc. is navigating the dynamic tech landscape with notable agility, underscored by a robust 13.4% annual revenue growth and an even more impressive earnings expansion of 13.5% per year. The company's commitment to innovation is evident from its R&D investments, strategically aligning with industry demands for continuous evolution in entertainment technologies. With recent announcements set for March 12, 2025, regarding Q3 results, stakeholders are keenly watching how these financial trends will potentially bolster ANYCOLOR's market position amidst fierce competition in Asia's tech sector. Get an in-depth perspective on ANYCOLOR's performance by reading our health report here. Explore historical data to track ANYCOLOR's performance over time in our Past section. Reveal the 495 hidden gems among our Asian High Growth Tech and AI Stocks screener with a single click here. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include KOSDAQ:A189300 SEHK:9926 and TSE:5032. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
High Growth Tech Stocks in Asia Featuring Intellian Technologies
Amidst global market volatility and renewed tariff threats, small-cap indexes have faced significant challenges, with the Russell 2000 Index experiencing a notable decline. In this environment, identifying high-growth tech stocks in Asia becomes crucial as these companies often demonstrate resilience through innovation and adaptability in fluctuating economic landscapes. Name Revenue Growth Earnings Growth Growth Rating Suzhou TFC Optical Communication 29.68% 30.37% ★★★★★★ Auras Technology 21.79% 25.47% ★★★★★★ Fositek 26.71% 33.90% ★★★★★★ Shanghai Huace Navigation Technology 24.40% 23.42% ★★★★★★ Range Intelligent Computing Technology Group 27.98% 29.01% ★★★★★★ Nanya New Material TechnologyLtd 22.72% 63.29% ★★★★★★ PharmaResearch 24.38% 25.85% ★★★★★★ eWeLLLtd 24.95% 24.40% ★★★★★★ JNTC 34.26% 86.00% ★★★★★★ RemeGen 23.19% 65.54% ★★★★★★ Click here to see the full list of 495 stocks from our Asian High Growth Tech and AI Stocks screener. Let's uncover some gems from our specialized screener. Simply Wall St Growth Rating: ★★★★★☆ Overview: Intellian Technologies, Inc. is a company that supplies satellite antennas and terminals both in South Korea and globally, with a market cap of ₩464.52 billion. Operations: Intellian Technologies focuses on the production and distribution of satellite antennas and terminals, catering to both domestic and international markets. The company generates revenue through the sale of these products, which are essential for maritime, land-based, and government communication systems. Intellian Technologies, a leader in satellite communication systems, is poised for significant growth with a 33.4% annual revenue increase and an anticipated profit surge of 127.6%. Recently, the company repurchased shares worth KRW 2.04 billion, underscoring its financial confidence amid expanding market demands. Their partnership with Telesat to produce Ka-band flat panel User Terminals for the Lightspeed LEO constellation highlights Intellian's innovative edge in high-tech aerospace solutions. This venture not only enhances their product line but also positions them strategically within the fast-evolving satellite tech industry, promising robust future prospects as they capitalize on advanced manufacturing capabilities and strong client relationships like that with Telesat. Delve into the full analysis health report here for a deeper understanding of Intellian Technologies. Assess Intellian Technologies' past performance with our detailed historical performance reports. Simply Wall St Growth Rating: ★★★★★★ Overview: Akeso, Inc. is a biopharmaceutical company focused on the global research, development, manufacture, and commercialization of antibody drugs with a market capitalization of HK$75.22 billion. Operations: The company's primary revenue stream is derived from the research, development, production, and sale of biopharmaceutical products, generating CN¥2.12 billion. Akeso, Inc. has recently made significant strides in the biopharmaceutical sector with its innovative PD-1/VEGF bispecific antibody, ivonescimab, marking a new era in cancer treatment. With the National Medical Products Administration's approval for its use as a first-line treatment for NSCLC, Akeso is at the forefront of addressing critical unmet medical needs. This approval was supported by compelling Phase III data showing ivonescimab's superiority over pembrolizumab in progression-free survival (11.14 months vs 5.82 months) and overall survival rates. These advancements not only underscore Akeso's research prowess but also position it well within Asia's high-growth tech landscape, promising robust future prospects as they continue to innovate and expand their therapeutic impact globally. Navigate through the intricacies of Akeso with our comprehensive health report here. Gain insights into Akeso's past trends and performance with our Past report. Simply Wall St Growth Rating: ★★★★☆☆ Overview: ANYCOLOR Inc. is an entertainment company with operations in Japan and internationally, and it has a market cap of ¥239.86 billion. Operations: ANYCOLOR Inc. generates revenue primarily through its entertainment operations in Japan and international markets. The company's offerings include virtual talent management, digital content creation, and related services. ANYCOLOR Inc. is navigating the dynamic tech landscape with notable agility, underscored by a robust 13.4% annual revenue growth and an even more impressive earnings expansion of 13.5% per year. The company's commitment to innovation is evident from its R&D investments, strategically aligning with industry demands for continuous evolution in entertainment technologies. With recent announcements set for March 12, 2025, regarding Q3 results, stakeholders are keenly watching how these financial trends will potentially bolster ANYCOLOR's market position amidst fierce competition in Asia's tech sector. Get an in-depth perspective on ANYCOLOR's performance by reading our health report here. Explore historical data to track ANYCOLOR's performance over time in our Past section. Reveal the 495 hidden gems among our Asian High Growth Tech and AI Stocks screener with a single click here. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include KOSDAQ:A189300 SEHK:9926 and TSE:5032. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
