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TUPPER LAKE, NY — MDA Ltd. Secures .55 Billion Contract to Build Telesat Lightspeed Satellites
MDA Ltd. has announced that it has won a contract to build 198 Telesat Lightspeed broadband satellites. The contract, valued at 2.1 billion Canadian dollars (.55 billion), gives MDA’s new digital beam-forming antenna and on-board processor product line immediate credibility in the broadband-LEO (Low Earth Orbit) market. MDA also stated that there are several credible prospective customers for this technology.
This contract is a significant achievement for MDA as it expands its presence in the broadband satellite industry. The reduced price of the contract compared to a previous offer from Thales Alenia Space, which was priced at billion, highlights the cost-effectiveness of MDA’s solutions.
Telesat, the customer for these satellites, has confirmed that there is no material difference in the technology being offered by MDA compared to Thales Alenia Space. This endorsement from Telesat further validates MDA’s capabilities in the broadband-LEO market.
The Telesat Lightspeed broadband satellites will play a crucial role in providing high-speed internet access to underserved regions around the world. Through advanced beam-forming technology, these satellites will be able to deliver faster and more reliable connectivity. The on-board processors will enhance the overall performance and efficiency of the satellites.
MDA’s success in securing this contract demonstrates its commitment to innovation and expanding its portfolio of satellite solutions. With the growing demand for broadband connectivity, MDA’s digital beam-forming antenna and on-board processor product line is well-positioned to capitalize on the market opportunities in the broadband-LEO sector.
Overall, MDA’s contract to build the Telesat Lightspeed broadband satellites is a significant milestone for the company, establishing its credibility in the industry and showcasing its ability to deliver cost-effective and advanced satellite technologies.
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