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MDA Ltd. has announced that it has secured a contract to build 198 Telesat Lightspeed broadband satellites. The deal is valued at 2.1 billion Canadian dollars (.55 billion). This contract gives MDA’s new digital beam-forming antenna and on-board processor product line immediate credibility in the broadband-LEO market.

Telesat, a leading global satellite operator, previously received an offer of billion from Thales Alenia Space for the Lightspeed project. However, they ultimately chose MDA Ltd. as their partner. The company stated that the reduction in price does not represent a material difference in the project.

This contract is a significant achievement for MDA Ltd. It not only demonstrates the company’s capabilities in satellite technology, but also strengthens their position in the broadband-LEO market. MDA Ltd. believes that this market has several credible prospective customers who are interested in their innovative solutions.

The Telesat Lightspeed broadband satellite project aims to revolutionize internet connectivity by providing high-speed broadband services to underserved areas around the world. The use of digital beam-forming antenna and on-board processors enables these satellites to deliver enhanced performance and capacity.

Telesat’s decision to select MDA Ltd. as their partner for this project validates the company’s expertise and technological advancements. With this contract, MDA Ltd. is poised to make a significant impact in the broadband-LEO market.

Overall, the contract for the Telesat Lightspeed satellite project is a major milestone for MDA Ltd. It not only establishes their credibility in the market but also highlights their commitment to delivering cutting-edge satellite technology for improved global connectivity.

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