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Charles Cynamon Named President of Telesat Government Solutions

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Telesat (NASDAQ and TSX: TSAT) has appointed Charles 'Chuck' Cynamon as the new President of Telesat Government Solutions, a subsidiary focused on providing satellite solutions to U.S. Government sectors. Cynamon brings over 24 years of U.S. Air Force experience and a decade in space and satellite enterprises, most recently serving as Senior Vice President at LinQuest

Prior to joining Telesat, Cynamon held leadership positions at MacDonald Dettwiler & Associates Information Systems and Hughes Network Systems. The appointment aims to accelerate the integration of Telesat Lightspeed capabilities with U.S. government customers. The Telesat Lightspeed constellation is designed as a self-healing, space relay network with high cybersecurity ratings under the U.S. Space Force IA-Pre Program, offering interoperable and optically-linked connectivity solutions worldwide.

Telesat (NASDAQ e TSX: TSAT) ha nominato Charles 'Chuck' Cynamon come nuovo Presidente di Telesat Government Solutions, una filiale focalizzata sulla fornitura di soluzioni satellitari ai settori governativi degli Stati Uniti. Cynamon porta con sé oltre 24 anni di esperienza nell'Air Force degli Stati Uniti e un decennio nel settore spaziale e satellitare, avendo recentemente ricoperto il ruolo di Vicepresidente Senior presso LinQuest.

Prima di unirsi a Telesat, Cynamon ha occupato posizioni di leadership presso MacDonald Dettwiler & Associates Information Systems e Hughes Network Systems. La nomina mira ad accelerare l'integrazione delle capacità di Telesat Lightspeed con i clienti governativi degli Stati Uniti. La costellazione Telesat Lightspeed è progettata come una rete di relais spaziali autosufficiente, con elevate valutazioni di cybersecurity nel programma IA-Pre della U.S. Space Force, offrendo soluzioni di connettività interoperabili e collegate otticamente in tutto il mondo.

Telesat (NASDAQ y TSX: TSAT) ha nombrado a Charles 'Chuck' Cynamon como el nuevo Presidente de Telesat Government Solutions, una subsidiaria enfocada en proporcionar soluciones de satélites a los sectores gubernamentales de EE. UU. Cynamon aporta más de 24 años de experiencia en la Fuerza Aérea de EE. UU. y una década en empresas espaciales y satelitales, habiendo ocupado recientemente el cargo de Vicepresidente Senior en LinQuest.

Antes de unirse a Telesat, Cynamon ocupó puestos de liderazgo en MacDonald Dettwiler & Associates Information Systems y Hughes Network Systems. La designación tiene como objetivo acelerar la integración de las capacidades de Telesat Lightspeed con los clientes gubernamentales de EE. UU. La constelación Telesat Lightspeed está diseñada como una red de relé espacial autosanadora, con altas calificaciones de ciberseguridad en el programa IA-Pre de la Fuerza Espacial de EE. UU., ofreciendo soluciones de conectividad interoperables y vinculadas ópticamente en todo el mundo.

Telesat (NASDAQ 및 TSX: TSAT)는 Charles 'Chuck' Cynamon을 Telesat Government Solutions의 새로운 사장으로 임명했습니다. 이 자회사는 미국 정부 부문에 위성 솔루션을 제공하는 데 중점을 두고 있습니다. Cynamon은 미 공군에서 24년 이상의 경험과 우주 및 위성 기업에서의 10년을 보유하고 있으며, 최근에는 LinQuest에서 수석 부사장으로 근무했습니다.

Telesat에 합류하기 전, Cynamon은 MacDonald Dettwiler & Associates Information Systems 및 Hughes Network Systems에서 리더십 직책을 맡았습니다. 이번 임명은 Telesat Lightspeed의 기능을 미국 정부 고객과 통합하는 속도를 높이기 위한 것입니다. Telesat Lightspeed 별자리는 U.S. Space Force IA-Pre 프로그램 기준에 따라 높은 사이버 보안 등급을 가진 자가 치유형 우주 릴레이 네트워크로 설계되어 있으며, 전 세계에 상호 운용 가능하고 광학적으로 연결된 소통 솔루션을 제공합니다.

Telesat (NASDAQ et TSX : TSAT) a nommé Charles 'Chuck' Cynamon comme nouveau Président de Telesat Government Solutions, une filiale axée sur la fourniture de solutions par satellite aux secteurs gouvernementaux américains. Cynamon possède plus de 24 ans d'expérience dans l'US Air Force et une décennie dans les entreprises spatiales et satellitaires, ayant récemment été Vice-Président Senior chez LinQuest.

Avant de rejoindre Telesat, Cynamon a occupé des postes de direction chez MacDonald Dettwiler & Associates Information Systems et Hughes Network Systems. Cette nomination vise à accélérer l'intégration des capacités de Telesat Lightspeed avec les clients gouvernementaux américains. La constellation Telesat Lightspeed est conçue comme un réseau de relais spatial auto-réparant, avec de très bonnes évaluations de cybersécurité dans le cadre du programme IA-Pre de la U.S. Space Force, offrant des solutions de connectivité interopérables et optiquement liées dans le monde entier.

Telesat (NASDAQ und TSX: TSAT) hat Charles 'Chuck' Cynamon zum neuen Präsidenten von Telesat Government Solutions ernannt, einer Tochtergesellschaft, die sich auf die Bereitstellung von Satellitenlösungen für die US-Regierungssektoren konzentriert. Cynamon bringt über 24 Jahre Erfahrung in der US-Luftwaffe und ein Jahrzehnt im Raumfahrt- und Satellitensektor mit, zuletzt als Senior Vice President bei LinQuest tätig.

Vor seinem Eintritt bei Telesat hatte Cynamon Führungspositionen bei MacDonald Dettwiler & Associates Information Systems und Hughes Network Systems inne. Die Ernennung zielt darauf ab, die Integration der Fähigkeiten von Telesat Lightspeed mit US-Regierungsbehörden zu beschleunigen. Das Telesat Lightspeed-Konstellation ist als selbstheilsendes, räumliches Relaisnetzwerk mit hohen Cybersicherheitsbewertungen im Programm IA-Pre der U.S. Space Force konzipiert und bietet weltweit interoperable und optisch verbundene Konnektivitätslösungen.

Positive
  • Strategic appointment of experienced leader with extensive government and military background
  • Potential expansion of government sector business through new leadership
  • Telesat Lightspeed network features advanced security certifications for government contracts
Negative
  • None.

Insights

The appointment of Charles Cynamon as President of Telesat Government Solutions represents a strategic move to strengthen Telesat's position in the lucrative U.S. government satellite services market. Cynamon's extensive military background and experience with LinQuest , MacDonald Dettwiler & Associates and Hughes Network Systems brings valuable relationships and deep understanding of government procurement processes.

The timing is particularly relevant as Telesat develops its Lightspeed constellation, which targets high-security government contracts. The cybersecurity rating under the U.S. Space Force IA-Pre Program positions Telesat competitively against rivals like SpaceX's Starlink and Amazon's Project Kuiper in the government sector.

For investors, while leadership changes typically don't move stock prices significantly, this appointment could accelerate government contract wins, especially given Cynamon's connections within the defense and intelligence communities. With a market cap of $235.4M, securing major government contracts could substantially impact Telesat's revenue stream.

Cynamon's appointment signals Telesat's serious commitment to penetrating the defense market. His 24-year Air Force career and subsequent commercial space sector experience provides important insights into both military requirements and procurement channels. The emphasis on Telesat Lightspeed's cybersecurity features and space relay capabilities directly addresses key Pentagon priorities for resilient space architecture.

The self-healing network architecture and optical inter-satellite links mentioned are particularly valuable for military applications, offering enhanced security against potential adversary interference. These technical capabilities, combined with Cynamon's understanding of national security space needs, position Telesat to compete effectively for classified communications contracts.

OTTAWA, Ontario and ARLINGTON, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced the appointment of Charles “Chuck” Cynamon as its new President of Telesat Government Solutions, a wholly-owned subsidiary of Telesat that provides resilient and secure satellite solutions to the U.S. Government civil, military and intelligence sectors.

Mr. Cynamon brings deep knowledge, expertise and leadership acumen from over 24 years of service in the U.S. Air Force and a subsequent decade working with leading space and satellite enterprises. Most recently he was Senior Vice President at LinQuest Corporation, where he led the company’s largest division and the development of Allied Space partnerships that serve the National Security Space community and U.S. Government agencies.

Previously he served as Vice President, Business Development and Strategy for MacDonald Dettwiler & Associates Information Systems, leading the company’s growth in the emerging space market; and earlier as Senior Director for Hughes Network Systems’ Defense & Intelligence Systems Division.

“Throughout his distinguished career, Chuck has been a trusted advisor to senior military leaders on cutting-edge technologies that advance important U.S. security interests and counter emerging threats,” stated Dan Goldberg, President and CEO of Telesat. “With his proven track record of building highly effective teams, forging strategic partnerships and capturing new business, he is the right leader to accelerate awareness and integration of Telesat Lightspeed capabilities with U.S. government customers.”

Cynamon noted that “The advanced security features, performance and network resiliency of the Telesat Lightspeed network provide a compelling value proposition for defense missions. I’m honored and excited to lead Telesat Government Solutions as we bring the latest-generation of commercial LEO capabilities to the U.S. military, intelligence and civil sectors.”

Designed from inception to achieve a high cybersecurity rating under the U.S. Space Force IA-Pre Program, the interoperable, optically-linked Telesat Lightspeed constellation is a self-healing, space relay network that provides resilient, assured connectivity anywhere in the world. With Telesat Lightspeed, government customers achieve unprecedented flexibility and control of service delivery to each command, with advanced capabilities typical of exquisite government-built systems to underpin Allied-by-Design solutions.

About Telesat Government Solutions

Telesat U.S. Services, LLC (dba Telesat Government Solutions) is a wholly-owned, U.S.-incorporated subsidiary of leading satellite operator Telesat. Telesat Government Solutions provides reliable and secure global communications networks that the U.S. Government and allies require and the information superiority and mission assurance they demand. Telesat Government Solutions offers resilient infrastructure and real-time operations management, leveraging the most cutting-edge satellite technologies.

About Telesat

Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (NASDAQ and TSX: TSAT) is one of the largest and most innovative global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world’s most complex communications challenges, providing powerful advantages that improve their operations and drive profitable growth.

Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company’s state-of-the-art Low Earth Orbit (LEO) satellite network, has been optimized to meet the rigorous requirements of telecom, government, maritime and aeronautical customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity, secure and resilient links with fibre-like speeds. For updates on Telesat, follow us on LinkedIn, X, or visit www.telesat.com.

Media Contact:
W2 Communications for Telesat
telesat@w2comm.com

Forward-Looking Statements Safe Harbor

This news release contains statements that are not based on historical fact and are “forward-looking statements’’ within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws. When used herein, statements which are not historical in nature, or which contain the words “will,” or similar expressions, are forward-looking statements. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. All statements made in this press release are made only as of the date set forth at the beginning of this release. Telesat Corporation undertakes no obligation to update the information made in this release in the event facts or circumstances subsequently change after the date of this press release.

These forward-looking statements are based on Telesat Corporation’s current expectations and are subject to a number of risks, uncertainties and assumptions. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond Telesat Corporation’s control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. There are numerous risks and uncertainties associated with Telesat’s business and the Telesat Lightspeed constellation. Known risks and uncertainties include but are not limited to: inflation and rising interest rates; Telesat’s ability to meet the funding conditions of its funding agreements with the Government of Canada and Government of Quebec; technological hurdles, including our and our contractors’ development and deployment of the new technologies required to complete the constellation in time to meet our schedule, or at all; the availability of services and components from our and our contractors’ supply chains; competition; risks associated with domestic and foreign government regulation, including access to sufficient orbital spectrum to be able to deliver services effectively and access to sufficient geographic markets in which to sell those services; Telesat’s ability to develop significant commercial and operational capabilities; risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance; and volatility in exchange rates. The foregoing list of important factors is not exhaustive. Investors should review the other risk factors discussed in Telesat Corporation’s annual report on Form 20-F for the year ended December 31, 2023, that was filed on March 28, 2024, with the United States Securities and Exchange Commission (“SEC”) and the Canadian securities regulatory authorities at the System for Electronic Document Analysis and Retrieval (“SEDAR”), and may be accessed on the SEC’s website at https://www.sec.gov/ and SEDAR’s website at https://www.sedarplus.ca/ as well as our subsequent reports on Form 6-K filed with the SEC and also available on SEDAR.


FAQ

Who is the new President of Telesat Government Solutions (TSAT)?

Charles 'Chuck' Cynamon has been appointed as the new President of Telesat Government Solutions, bringing over 24 years of U.S. Air Force experience and a decade in space and satellite enterprises.

What is Telesat Lightspeed's security certification status for TSAT?

Telesat Lightspeed is designed to achieve a high cybersecurity rating under the U.S. Space Force IA-Pre Program, featuring an interoperable, optically-linked constellation network.

What are the key features of TSAT's Lightspeed constellation network?

The Telesat Lightspeed constellation is a self-healing, space relay network providing resilient, assured connectivity worldwide, with advanced capabilities typical of government-built systems.

What markets will Telesat Government Solutions (TSAT) serve?

Telesat Government Solutions serves the U.S. Government civil, military and intelligence sectors, providing resilient and secure satellite solutions.

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