Telesat Invests $5 Million in Farcast for Satellite User Terminal Development

Reuters11-04
Telesat Invests $5 Million in Farcast for Satellite User Terminal Development

Telesat Corporation has announced a US$5 million equity investment in Farcast, a San Francisco-based startup specializing in advanced satellite User Terminals. This investment strengthens the partnership between the two companies as Farcast develops an enterprise-class Flat Panel Antenna $(FPA)$ User Terminal fully integrated with the Telesat Lightspeed modem. Telesat will also take a seat on Farcast's board of directors, supporting the alignment of Farcast's technology with the goals of the Telesat Lightspeed program. The new terminals are expected to be available for volume production in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Telesat Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9568279-en) on November 04, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment