Telesat (TSAT) Q2 FY26 earnings call

Telesat reported Q2 FY26 results marked by significant progress on its Lightspeed constellation, including a major contract win and expansion of the satellite fleet, alongside an increase in its investment guidance. The legacy GEO business faced expected revenue declines from contract non-renewals and satellite retirements but saw its backlog grow and secured new financing. The company remains focused on executing the Lightspeed project and addressing upcoming GEO debt maturities.