{"id":116364,"date":"2020-11-26T17:22:17","date_gmt":"2020-11-27T01:22:17","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2020\/11\/telesat-to-merge-with-loral-space-to-form-public-company"},"modified":"2020-11-26T17:22:17","modified_gmt":"2020-11-27T01:22:17","slug":"telesat-to-merge-with-loral-space-to-form-public-company","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2020\/11\/telesat-to-merge-with-loral-space-to-form-public-company","title":{"rendered":"Telesat to Merge With Loral Space to Form Public Company"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/telesat-to-merge-with-loral-space-to-form-public-company.jpg\"><\/a><\/p>\n<p><b>Telesat Canada<\/b> is combining with major shareholder <b>Loral Space &amp; Communications <\/b>to form one public company to finance its Low-Earth Orbit (LEO) constellation.<\/p>\n<p>Telesat Canada and its co-owners Loral Space and Canada\u2019s Public Sector Pension Investment Board (PSP Investments) revealed Tuesday that Telesat Canada and Loral will become subsidiaries of <strong>Telesat Corporation<\/strong>, a new publicly traded Canadian incorporated and controlled company. The company will be headquartered in Ottawa and led by Telesat CEO Dan Goldberg.<\/p>\n<p>\u201cFollowing the closing of the transaction, Telesat will have access to the public equity markets, providing increased flexibility and optionality to support our promising investment opportunities, including Telesat LEO, which will bridge the digital divide both at home in Canada and around the world, and give our customers the competitive advantage they need to be successful,\u201d Goldberg commented in the news release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telesat Canada is combining with major shareholder Loral Space &amp; Communications to form one public company to finance its Low-Earth Orbit (LEO) constellation. Telesat Canada and its co-owners Loral Space and Canada\u2019s Public Sector Pension Investment Board (PSP Investments) revealed Tuesday that Telesat Canada and Loral will become subsidiaries of Telesat Corporation, a new publicly [\u2026]<\/p>\n","protected":false},"author":600,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45,8],"tags":[],"class_list":["post-116364","post","type-post","status-publish","format-standard","hentry","category-finance","category-space"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/116364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/600"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=116364"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/116364\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=116364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=116364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=116364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}