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DUBAI, United Arab Emirates, May 14, 2025 (GLOBE NEWSWIRE) — Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and Arab Satellite Communications Organization (Arabsat), the top satellite service provider in the Arab world, today announced the companies have successfully negotiated and signed a Term Sheet for a multi-Gbps capacity pool of Telesat Lightspeed connectivity services. The companies executed the agreement today during a signing ceremony at the CABSAT 2025 event in Dubai.
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Building on the Memorandum of Understanding (MoU) signed in 2024, this agreement establishes the negotiated framework for Arabsat’s integration of Telesat Lightspeed LEO services, backed by Committed Information Rates (CIRs) and Service Level Agreements (SLAs), into its multi-orbit satellite ecosystem, ensuring robust and seamless broadband connectivity solutions tailored for enterprise, telecom, government, and mobility sectors. The parties expect to conclude definitive agreements by December 2025.
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“This agreement with Telesat marks a major milestone in Arabsat’s multi-orbit strategy and the advanced Telesat Lightspeed network will offer innovative capabilities to our customers in each of the markets we serve,” said President and CEO Alhamedi Alanezi. “By offering LEO and GEO service, as well as blended combinations, we are laying the foundation for a new era of connectivity. Multi-orbit satellite systems and terminals will position the Arabsat Group at the forefront of digital transformation—delivering faster, more reliable, and cost-effective connectivity tailored to the distinct performance needs of each industry.”
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“We’re excited to achieve this important milestone in our strategic partnership with Arabsat, a premier satellite operator, which will bring innovative connectivity advancements to their customers across the Middle East, Africa, Europe and Central Asia,” stated Dan Goldberg, Telesat’s President and CEO. “In addition to the inherent security and reliability features of Telesat Lightspeed, Arabsat will have unprecedented flexibility to design, manage and control services to their customers, through Telesat’s interoperable lifecycle orchestration systems.”
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About Telesat
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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.
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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.
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