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Telesat Partners with Canada for Advanced Military Satellite Communications

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Telesat Partners with Canada for Advanced Military Satellite Communications

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The latest announcement is out from Telesat Corp ( (TSE:TSAT) ).

On December 9, 2025, Telesat Corporation announced a strategic partnership with the Government of Canada and MDA Space to develop a next-generation military satellite communications solution for the Canadian Armed Forces. This collaboration, part of the Enhanced Satellite Communications Project – Polar, aims to enhance Canada’s Arctic sovereignty and bolster commitments to NORAD and NATO. The project, led by the Defence Investment Agency, is expected to drive significant economic growth and job creation in Canada, leveraging the Industrial and Technological Benefits Policy to strengthen the domestic defence and space sectors.

The most recent analyst rating on (TSE:TSAT) stock is a Hold with a C$34.00 price target. To see the full list of analyst forecasts on Telesat Corp stock, see the TSE:TSAT Stock Forecast page.

Spark’s Take on TSE:TSAT Stock

According to Spark, TipRanks’ AI Analyst, TSE:TSAT is a Neutral.

Telesat Corp’s overall stock score is primarily impacted by its financial performance and valuation concerns. The company’s significant financial challenges, including declining revenue, high leverage, and weak cash generation, are major risks. The technical analysis suggests a neutral to slightly bearish outlook, while the negative P/E ratio highlights valuation issues. Despite some positive developments in the LEO segment, the overall outlook remains cautious.

To see Spark’s full report on TSE:TSAT stock, click here.

More about Telesat Corp

Telesat Corporation is one of the largest and most innovative global satellite operators, known for delivering critical connectivity solutions. The company is recognized for its engineering excellence, reliability, and industry-leading customer service, providing advanced satellite communications services to telecom, government, maritime, and aeronautical sectors.

Average Trading Volume: 18,626

Technical Sentiment Signal: Buy

Current Market Cap: C$573.1M

For a thorough assessment of TSAT stock, go to TipRanks’ Stock Analysis page.

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