Telesat Corporation has announced a US$5 million equity investment in Farcast, a San Francisco-based startup specializing in advanced satellite User Terminals. This investment strengthens the partnership between the two companies as Farcast develops an enterprise-class Flat Panel Antenna $(FPA)$ User Terminal fully integrated with the Telesat Lightspeed modem. Telesat will also take a seat on Farcast's board of directors, supporting the alignment of Farcast's technology with the goals of the Telesat Lightspeed program. The new terminals are expected to be available for volume production in 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Telesat Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9568279-en) on November 04, 2025, and is solely responsible for the information contained therein.