Telesat and Airbus begin collaboration to integrate Telesat Lightspeed services into HBCplus portfolio
Telesat (NASDAQ/TSX: TSAT) has signed a Memorandum of Understanding with Airbus SAS to integrate the Telesat Lightspeed low earth orbit network within Airbus's HBCplus Ka-band solution portfolio. The collaboration aims to address user terminal integration for HBCplus installations capable of providing Telesat Lightspeed services. The partnership will enable Telesat's channel partners to integrate Lightspeed services into their portfolios as HBCplus Managed Service Providers, while complementing Airbus's current MEO & GEO offerings with low latency connectivity solutions.
Telesat (NASDAQ/TSX: TSAT) ha firmato un Memorandum d'intesa con Airbus SAS per integrare la rete a bassa orbita terrestre Telesat Lightspeed nel portafoglio di soluzioni Ka-band HBCplus di Airbus. La collaborazione mira a gestire l'integrazione dei terminali utente per le installazioni HBCplus capaci di fornire i servizi Telesat Lightspeed. Questa partnership consentirà ai partner di canale di Telesat di integrare i servizi Lightspeed nei loro portafogli come Fornitori di Servizi Gestiti HBCplus, mentre completerà le attuali offerte MEO e GEO di Airbus con soluzioni di connettività a bassa latenza.
Telesat (NASDAQ/TSX: TSAT) ha firmado un Memorando de Entendimiento con Airbus SAS para integrar la red de órbita terrestre baja Telesat Lightspeed dentro del portafolio de soluciones Ka-band HBCplus de Airbus. La colaboración tiene como objetivo abordar la integración de terminales de usuario para las instalaciones de HBCplus capaces de proporcionar los servicios Telesat Lightspeed. La asociación permitirá a los socios de canal de Telesat integrar los servicios Lightspeed en sus portafolios como Proveedores de Servicios Gestionados HBCplus, mientras complementan las ofertas actuales MEO y GEO de Airbus con soluciones de conectividad de baja latencia.
Telesat (NASDAQ/TSX: TSAT)는 Airbus SAS와 저궤도 네트워크인 Telesat Lightspeed를 Airbus의 HBCplus Ka-band 솔루션 포트폴리오에 통합하기 위한 양해각서를 체결했습니다. 이 협업은 Telesat Lightspeed 서비스를 제공할 수 있는 HBCplus 설치를 위한 사용자 단말기 통합을 다루는 것을 목표로 합니다. 이 파트너십은 Telesat의 채널 파트너가 HBCplus 관리 서비스 제공업체로서 그들의 포트폴리오에 Lightspeed 서비스를 통합할 수 있게 해주며, Airbus의 현재 MEO 및 GEO 제공과 저지연 연결 솔루션을 보완합니다.
Telesat (NASDAQ/TSX: TSAT) a signé un protocole d'accord avec Airbus SAS pour intégrer le réseau à basse orbite terrestre Telesat Lightspeed dans le portefeuille de solutions Ka-band HBCplus d'Airbus. Cette collaboration vise à traiter l'intégration des terminaux utilisateurs pour des installations HBCplus capables de fournir des services Telesat Lightspeed. Ce partenariat permettra aux partenaires de canal de Telesat d'intégrer les services Lightspeed dans leurs portefeuilles en tant que fournisseurs de services gérés HBCplus, tout en complétant les offres MEO et GEO actuelles d'Airbus avec des solutions de connectivité à faible latence.
Telesat (NASDAQ/TSX: TSAT) hat ein Memorandum of Understanding mit Airbus SAS unterzeichnet, um das Telesat Lightspeed Netzwerk in niedriger Erdumlaufbahn in das Ka-Band HBCplus Lösungsportfolio von Airbus zu integrieren. Die Zusammenarbeit zielt darauf ab, die Integration von Benutzerterminals für HBCplus-Installationen zu adressieren, die Telesat Lightspeed-Dienste bereitstellen können. Die Partnerschaft wird es den Vertriebspartnern von Telesat ermöglichen, Lightspeed-Dienste in ihre Portfolios als HBCplus Managed Service Providers zu integrieren und gleichzeitig die aktuellen MEO- und GEO-Angebote von Airbus mit Lösungen für eine niedrige Latenzzeit zu ergänzen.
- Strategic partnership with major aerospace manufacturer Airbus
- Integration into Airbus's HBCplus catalogue as a line-fit and retrofit option
- Expansion of service delivery capabilities through new distribution channel
- None.
Insights
The MOU between Telesat and Airbus marks a strategic move in satellite connectivity but lacks immediate financial impact. The integration of Telesat Lightspeed into Airbus' HBCplus portfolio could strengthen Telesat's market position in aviation connectivity, particularly for low-latency applications. However, several critical details are missing:
- No financial terms or revenue projections disclosed
- Implementation timeline not specified
- Market size and potential customer base not quantified
- Current status of Telesat Lightspeed network deployment unclear
While this collaboration aligns with industry trends toward multi-orbit solutions and enhanced in-flight connectivity, without concrete financial metrics or deployment schedules, the immediate impact on Telesat's business remains speculative. The agreement represents potential future value but requires significant execution to materialize.
LONG BEACH, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- APEX Expo -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced the signing of a Memorandum of Understanding (MOU) with Airbus SAS to collaborate on the integration of the Telesat Lightspeed low earth orbit (LEO) network within the Airbus HBCplus Ka-band solution portfolio.
Airbus launched its HBCplus satellite connectivity solution as a supplier-furnished line-fit catalogue option and also for retrofit on all Airbus programs. Airbus and Telesat will work together to address user terminal integration for HBCplus installations that are capable of providing Telesat Lightspeed services.
“Our advanced, enterprise-class LEO network was designed from inception to meet the demanding requirements of inflight connectivity service providers with guaranteed committed information rates and SLAs,” stated Philippe Schleret, Vice President of Aviation for Telesat. “We’re excited to begin this important collaboration with Airbus to ensure our channel partners can seamlessly integrate Telesat Lightspeed services into their portfolios to deliver exceptional connectivity experiences to their customers as HBCplus Managed Service Providers.”
"We are very happy to partner with Telesat,” said Tim Sommer, Head of Connected aircraft at Airbus. “The integration of the Telesat Lightspeed LEO network within the Airbus HBCplus solution will perfectly complement our current MEO & GEO offer. This partnership is a great opportunity to answer to the emerging demand for low latency connectivity, but also to contribute towards our multi orbit strategy for global coverage."
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 links with fibre-like speeds. For updates on Telesat, follow us on X, LinkedIn, 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,” “ensures” 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
What is the purpose of Telesat's MOU with Airbus for the Lightspeed network?
How will the Telesat Lightspeed integration benefit Airbus HBCplus?
What are the key features of Telesat Lightspeed services for aviation connectivity?
