TSAT
Telesat-A&B-C&VV (TSAT)
NASDAQ
$43.57-$1.00 (-2.24%)
Price as of Jun 23, 2026 5:24 PM EDT
  • $673.3M
    Market Cap
  • 78.57%
    1-Year Change
  • Communication Equipment
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 75
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

LEO Satellite Market Size to Exceed USD 74.54 Billion by 2035 | Research by SNS Insider

The global LEO satellite market is experiencing strong growth, valued at $15.77 billion in 2025 and projected to reach $74.54 billion by 2035 with a CAGR of 16.80%. Growth is driven by demand for global high-speed internet connectivity, reduced launch costs due to reusable rockets, and expanding satellite constellation deployments. The U.S. market leads at $5.81 billion in 2025, while Europe's market stands at $4.26 billion. Communication applications dominate with 41.70% market share, while government and defense is the fastest-growing segment.

05/25/2026, 3:30 AM • GlobeNewswire

Telesat Corporation Investigated by the Portnoy Law Firm

The Portnoy Law Firm has initiated a securities fraud investigation into Telesat Corporation after the company's stock fell 21% on January 21, 2026, following a bondholder lawsuit alleging the company is 'indisputably insolvent' and attempting to move key assets beyond creditors' reach. The sharp decline reflects investor concerns over the company's financial distress and ongoing litigation.

04/10/2026, 9:00 AM • GlobeNewswire

TSAT Investors Have Opportunity to Join Telesat Corporation Fraud Investigation with the Schall Law Firm

The Schall Law Firm is investigating Telesat Corporation (NASDAQ: TSAT) for potential securities law violations. A lawsuit filed by bondholders on January 21, 2026 claims the company is 'indisputably insolvent' and has attempted to transfer assets out of creditors' reach. Following the lawsuit announcement, Telesat shares fell 21%.

03/01/2026, 4:55 PM • Benzinga

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Vizsla Silver Corp. - VZLA

Pomerantz LLP is investigating potential securities fraud claims on behalf of investors in Vizsla Silver Corp., following a security incident at its Mexico project site on January 29, 2026, where ten individuals were taken and operations were temporarily suspended. The incident triggered a 14.87% stock price decline. The firm is also investigating similar claims against Telesat Corporation and Organogenesis Holdings Inc.

02/03/2026, 1:59 PM • GlobeNewswire

Securities Fraud Investigation Into Telesat Corporation (TSAT) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Glancy Prongay & Murray LLP has announced an investigation into Telesat Corporation (NASDAQ: TSAT) for possible federal securities law violations. The investigation follows a January 21, 2026 lawsuit filed by bondholders alleging the company is insolvent and unable to pay its debt. Following this news, Telesat's stock price fell $7.27 (21%) to $27.39 per share.

01/23/2026, 2:00 PM • Benzinga

Telesat Corporation (TSAT) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Law Offices of Howard G. Smith has announced an investigation into Telesat Corporation (NASDAQ: TSAT) for possible violations of federal securities laws. On January 21, 2026, bondholders filed a lawsuit alleging the company is 'indisputably insolvent' and unable to pay its debt. Following this news, Telesat's stock price fell $7.27 (21%) to close at $27.39 per share, prompting the law firm to solicit investors who suffered losses.

01/23/2026, 1:48 PM • Benzinga

Securities Fraud Investigation Into Telesat Corporation (TSAT) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

The Law Offices of Frank R. Cruz announced an investigation into Telesat Corporation (NASDAQ: TSAT) for possible federal securities law violations. Bondholders filed a lawsuit claiming the company is 'indisputably insolvent' and attempting to transfer assets away from creditors. Following the lawsuit announcement on January 21, 2026, Telesat's stock price fell $7.27 (21%) to $27.39 per share, prompting the law firm to urge investors who lost money to contact them about potential recovery claims.

01/22/2026, 7:17 PM • Benzinga

Telesat Statement on Creditor Litigation

Telesat confirms that creditors holding legacy GEO debt have filed lawsuits in New York and Ontario regarding the September 2025 equity distribution of the Telesat Lightspeed business. The company states the lawsuits are without merit and that the distribution followed proper governance and debt agreements. Telesat intends to defend itself vigorously while remaining committed to supporting customers and advancing the Lightspeed LEO satellite program.

01/21/2026, 7:39 PM • GlobeNewswire

Viasat to supercharge business aviation in-flight connectivity for JetXP customers with global multi-orbit capabilities

Viasat plans to integrate Telesat Lightspeed Low Earth Orbit (LEO) satellite capacity into its JetXP in-flight broadband service, combining GEO and LEO capabilities to improve connectivity performance for business aviation customers.

11/17/2025, 12:01 AM • GlobeNewswire

Peers

Statistics

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Day Range
$42.75
$45.31
$44.57
1-Year Range
$19.93
$58.51
$44.57
Latest Close$44.57
Change
-$1.04 (-2.33%)
Volume275,651
Market Cap$673.3M
Shares Outstanding15.1M
P/E (TTM)-4.20
Diluted EPS (TTM)-$10.61
Enterprise Value$2.5B

Information as of 06/22/2026

Company Profile

$673.3M
Market Cap
-$530.2M
Net Income
Sector: Technology
Industry: Communication Equipment
160 Elgin Street, Ottawa, ON, Canada, K2P 2P7
613 748 8700

Telesat Corporation, a satellite operator, provides mission-critical communications solutions to support the requirements of satellite users in Canada, the United States, Asia, Australia, Latin America, the Caribbean, Europe, the Middle East, and Africa. It operates through Geostationary (GEO) and Low Earth Orbit (LEO) segments. The company offers broadcast services, such as direct-to-home television, video distribution and contribution, and occasional use services; enterprise services, including telecommunication carrier and integrator, government, consumer broadband, resource, maritime and aeronautical, and retail and satellite operator services; and consulting services related to space and earth segments, government studies, satellite control services, and research and development. It also provides satellites for full-time transmission of television programming; and government services. In addition, the company offers satellite capacity and end-to-end services for data and voice transmission to telecommunications carriers and integrators; and space segment services and terrestrial facilities for enterprise connectivity, internet backhaul, and cellular backhaul, as well as rural telephony services to telecommunications carriers and network services integrators. Further, it provides direct-to-consumer broadband services; communications services to offshore, oil and gas, and mining industries; and installation and maintenance of the end user terminal, as well as the provision of satellite capacity and other network elements. Additionally, the company operates satellite and terrestrial networks that support enterprise and retail activities. It offers its services through a direct sales force. Telesat Corporation was founded in 1969 and is headquartered in Ottawa, Canada.

Key Executives

  • Daniel S. Goldberg
  • Michael C. Schwartz
  • Glenn Katz
  • Christopher S. DiFrancesco
  • Donald Tremblay

Current Ownership Distribution

  • Institutions620.6M (97.86%)
  • Mutual Funds13.5M (2.13%)
  • Insiders38,982 (0.006%)
  • Other0 (0.00%)