About Telesat
With a heritage of engineering excellence, reliability and industry-leading visitor service, Telesat (NASDAQ and TSX: TSAT) is one of the world’s largest and most cutting-edge satellite operators. Telesat works collaboratively with its consumers to provide mission-critical connectivity responses that address the world’s most complex communications challenges, delivering solid benefits to their operations and driving successful growth.
Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company’s low-Earth orbit (LEO) satellite network, will be the first and only LEO network optimized to meet the difficult needs of telecommunications, government, maritime and aerospace customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity links with fiber-like speeds. For updates on Telesat, contact us @Telesat on X, LinkedIn or www. telesat. com.
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Safe Harbor Forward-Looking Statements
Statements in this press release that are not based on old facts and constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the Canadian securities laws. When used herein, statements that are not of an old nature or that involve the words “will,” “expects,” “well-positioned,” “is expected to” or similar expressions, are forward-looking statements. Actual effects would likely differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown dangers and uncertainties. All statements made in this press release are made only as of the date indicated at the beginning of this press release. Telesat Corporation assumes no legal responsibility to update the data involved in this press release on the occasion. that facts or cases supersede after the date of this press release.
These forward-looking statements are based on Telesat Corporation’s existing expectations and are subject to a number of threats, uncertainties and assumptions. These statements are not promises of long-term functionality and are subject to threats, uncertainties and other matters, some of which are beyond the control of Telesat Corporation, are difficult to expect and may cause actual effects to differ materially from actual results. those expressed or expected in the long term. looking for statements. There are threats and uncertainties related to Telesat’s business and the Telesat Lightspeed constellation. Known threats and uncertainties include, but are not limited to: inflation and emerging interest rates; Telesat’s ability to enter into definitive financing agreements with the company’s Canadian federal and provincial government partners, and to address the financing situations of such agreements and the financing of its suppliers; technological obstacles, adding the progression and deployment through us and our contractors of new mandatory technologies to complete the constellation in time to meet our schedule, or not at all; the availability of facilities and spare parts in our supply chains and those of our subcontractors; competence; threats related to domestic and foreign government regulation, adding access to sufficient orbital spectrum to be able to well supply the facilities and access to sufficient geographic markets to sell such facilities; Telesat’s ability to expand its significant operational and advertising capabilities; threats related to the operation of satellites and the offering of satellite facilities, including delays in the construction or release of satellites, errors in release, errors in orbit or deteriorated functionality of satellites; and exchange rate volatility. The above list of vital points is not exhaustive. Investors deserve to be aware of other threat points discussed in Telesat Corporation’s Annual Report on Form 20-F for the year ended December 31, 2022, which was filed on March 29, 2023 with the Securities and Exchange Commission. Securities (“SEC”). “) of the securities regulators of the United States and Canada on the System for Electronic Document Analysis and Retrieval (“SEDAR”), and can be accessed at the SEC’s online website at https://www. sec . gov/ and on SEDAR online at https://www. sedarplus. ca/, as well as our upcoming reports on Form 6-K filed with the SEC and also available on SEDAR.