Laura Dekker's questions to Telesat Corp (TSAT) leadership • Q1 2025
Question
Laura Dekker, on behalf of Edison Group, inquired about the current validity of Telesat's long-term revenue and EBITDA targets for the Lightspeed project, which were initially released in late 2023. She asked how the company's perspective on the underlying assumptions has evolved and whether any key variables have significantly changed since the projections were made.
Answer
President and CEO Daniel Goldberg confirmed that the previously published projections for Lightspeed's revenue, EBITDA, and CapEx remain the company's current plan. He stated that the constellation's build-out is proceeding on schedule and within budget. Goldberg added that market developments, particularly the growing demand in government services due to geopolitical shifts, have reinforced and even increased their conviction in achieving these financial targets.