In the race to build Telesat’s broadband satellite constellation, both the contenders have nearly finished their designs and are planning to submit their proposals in the near future.
Maxar Technologies-Thales Alenia Space and Airbus Defense and Space are supposedly competing for a contract of $3 billion worth. Both the companies have reached an end of their studies which was focused on the manufacturing of the satellites and operations with ground teams after it has reached its orbit.
The next step would be relied on receiving proposals from both of the companies as mentioned by the CEO of Telesat during a call.
Goldberg confirmed that Telesat needed those proposals so that it can accurately calculate the expenditures of deploying a satellite system in LEO. While Telesat has speculated that it would require 292 satellites to complete its constellations, they are yet to make any confirmations on the number.
In another statement by Telesat’s vice president, he announced that Telesat may even grow the number to 512 satellites.
The CEO denied on confirming any dates to when they may approve a manufacturer, but the vice president has speculated it to be around the second half of 2019.
Telesat plans on having its services operational by 2022. While Maxar-Thales Alenia Space team and Airbus stated that they were more than willing to establish facilities in Canada to manufacture the satellites as Telesat is located in Ottawa, the capital city of Canada.
As Telesat decides on selecting a manufacturer, it had also begun its planning on financing the constellation. Its financing options may include the cash that they possess on balance sheet, revenue that they generate from Telesat, and other debt which will be borrowed. As of March 31, Telesat announced that it has 846.4 million Canadian dollars in cash and its equivalent. The company also reported its quarterly income to make its total revenue at 222 million Canadian dollars.