Telesat Corp(TSAT)Stock Analysis

Quirks, history, and lore behind TSAT — the kind of stuff that makes a stock memorable.

• 1
  The Basics

  A Canadian company in satellite communications · operates in a capital-intensive industry · listed on Nasdaq and the TSX.
• 2
  The Numbers

  Revenues in the range of roughly $500–600 million annually, but the company carries substantial debt — par for the course when your assets are launched into orbit.
• 3
  The History

  Its roots trace back to 1969, born out of the Canadian government's ambition to connect a vast, sparsely populated nation via satellite long before the internet existed.
• 4
  The Secret

  The company has been repositioning itself around a next-generation Low Earth Orbit constellation called Lightspeed, betting big on the future of satellite broadband.
• 5
  The Lore

  Once majority-owned by Loral Space & Communications, it has gone through ownership reshuffles that would make a satellite's orbital mechanics look straightforward.
• 6
  The Giveaway

  This Ottawa-based satellite operator — one of the largest in the world — trades under a ticker that sounds like it belongs in a ham radio call sign: four letters, starts with T.