Loral Space & Communications Inc., a satellite communications company, provides satellite-based communications services to the broadcast, corporate, and government customers worldwide. As of December 31, 2020, the company provided satellite services to its customers through a fleet of 15 in-orbit geostationary satellites; and owned the Canadian Ka-band payload on the ViaSat-1 satellite. It also offers video distribution and direct-to-home (DTH) video, as well as end-to-end communications services using satellite and hybrid satellite-ground networks; and broadcast services, including DTH, video distribution and contribution, and satellite transmission services for the broadcast of video news, sports, and live event coverage. In addition, the company provides telecommunication carrier and integrator services; maritime and aeronautical services; satellite services to the Canadian government; two-way broadband Internet services; communications services to oil and gas and mining industries; and satellite operator services. Further, it is involved in the installation and maintenance of the end user terminal; and provision of satellite capacity and other network elements. Additionally, the company offers consulting services related to space and earth, government studies, satellite control services, and research and development; and X-band satellite services. Loral Space & Communications Inc. was founded in 1996 and is headquartered in New York, New York.
IPO Year: n/a
Exchange: NASDAQ
Website: loral.com
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S-8 POS - LORAL SPACE & COMMUNICATIONS INC. (0001006269) (Filer)
S-8 POS - LORAL SPACE & COMMUNICATIONS INC. (0001006269) (Filer)
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4 - LORAL SPACE & COMMUNICATIONS INC. (0001006269) (Issuer)
4 - LORAL SPACE & COMMUNICATIONS INC. (0001006269) (Issuer)
4 - LORAL SPACE & COMMUNICATIONS INC. (0001006269) (Issuer)
4 - LORAL SPACE & COMMUNICATIONS INC. (0001006269) (Issuer)
4 - LORAL SPACE & COMMUNICATIONS INC. (0001006269) (Issuer)
4 - LORAL SPACE & COMMUNICATIONS INC. (0001006269) (Issuer)
4 - LORAL SPACE & COMMUNICATIONS INC. (0001006269) (Issuer)
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Deadline for Stockholders to Elect Transaction Consideration is November 15, 2021 NEW YORK, Nov. 9, 2021 /PRNewswire/ -- Loral Space & Communications Inc. (NASDAQ:LORL) today announced that the parties to the Transaction Agreement and Plan of Merger, dated November 23, 2020 (the "Transaction Agreement"), currently expect that the two-day closing provided for in the Transaction Agreement will occur on November 18, 2021 and November 19, 2021, subject to the satisfaction or waiver of all the conditions to the closing. In addition, Loral announced that the deadline (the "Electio
OTTAWA, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Telesat today announced its financial results for the three and nine-month periods ended September 30, 2021. All amounts are in Canadian dollars and reported under International Financial Reporting Standards ("IFRS") unless otherwise noted. For the quarter ended September 30, 2021, Telesat reported consolidated revenue of $192 million, a decrease of 5% ($10 million) compared to the same period in 2020. When adjusted for changes in foreign exchange rates, revenue declined 2% ($4 million) compared to 2020. The revenue decrease was primarily due to a slight reduction of service for one of Telesat's North American DTH customers, the reduction or non-r
OTTAWA, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Telesat has scheduled a conference call on Friday, November 5, 2021, at 10:30 a.m. ET to discuss its financial results for the three-month and nine-month periods ended September 30, 2021. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investor Relations" and the heading "News". Dial-in Instructions:The toll-free dial-in number for the teleconference is +1 866 696 5910. Callers outside of North America s
New Chief Commercial Officer Glenn Katz to lead product development, management and marketing as well as international sales team for all Telesat services Tom Eaton becoming President of Telesat Government Solutions to drive strategic direction and opportunities in the U.S. Government services market OTTAWA, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Telesat, one of the world's largest and most innovative satellite operators, today announced the appointment of industry leader Glenn Katz as Chief Commercial Officer (CCO). In addition, Tom Eaton, previously Telesat's Vice President of International Sales, is moving to the role of President of Telesat Government Solutions – a US-incorporated, wholly
OTTAWA and HANOVER, Md., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Telesat, one of the world's largest and most innovative satellite operators, is deploying Routing and Switching platforms from Ciena (NYSE:CIEN) for its Telesat Lightspeed terrestrial backhaul network. Ciena's advanced routing and switching technology will ensure that Telesat has a modern, cost-effective network that takes advantage of emerging technologies including network functions virtualization (NFV) and edge computing to efficiently support both existing and future customer requirements. The Telesat Lightspeed network will initially be comprised of 298 advanced Low Earth Orbit (LEO) satellites that seamlessly integrate wit
OTTAWA and SURREY, United Kingdom, Aug. 25, 2021 (GLOBE NEWSWIRE) -- NSSLGlobal, a leading independent service provider of satellite communications to the government and maritime industry and Telesat, one of the world's largest and most innovative satellite operators, have today signed a long-term strategic co-operation agreement to collaborate on the commercial and technical aspects of Telesat's new Low Earth Orbit (LEO) constellation, Telesat Lightspeed, initially consisting of a global mesh network of 298 state-of the-art LEO satellites that are seamlessly integrated with on-ground data networks. Telesat Lightspeed will be the world's most advanced LEO network, optimized to serve the cr
OTTAWA, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Telesat today announced its financial results for the three and six-month periods ended June 30, 2021. All amounts are in Canadian dollars and reported under International Financial Reporting Standards ("IFRS") unless otherwise noted. For the quarter ended June 30, 2021, Telesat reported consolidated revenue of $188 million, a decrease of 10% ($20 million) compared to the same period in 2020. When adjusted for changes in foreign exchange rates, revenue declined 3% ($7 million) compared to 2020. Revenue decreases were primarily due to a slight reduction of service for one of Telesat's North American DTH customers, non-renewals of certain enterpri
OTTAWA, Aug. 12, 2021 (GLOBE NEWSWIRE) -- Telesat, one of the world's largest and most innovative satellite operators, announced today that it expects to receive a $1.44 billion investment from the Government of Canada to support Telesat Lightspeed, the world's most advanced Low Earth Orbit (LEO) satellite network. This investment will drive economic growth and innovation in Canada and help ensure affordable broadband Internet and LTE/5G connectivity for all Canadians. Under the terms of the agreement, the Government of Canada would provide a loan of $790 million and make a $650 million preferred equity investment in Telesat Lightspeed. In return, Telesat will commit to make certain minim
OTTAWA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Telesat has scheduled a conference call on Friday, August 13, 2021, at 10:30 a.m. ET to discuss its financial results for the three-month and six-month periods ended June 30, 2021. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investor Relations" and the heading "News". Dial-in Instructions:The toll-free dial-in number for the teleconference is +1 866 696 5910. Callers outside of North America should d
OTTAWA, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Telesat, one of the world's largest and most innovative satellite operators proudly headquartered in Ontario for over 50 years, and the Government of Ontario today announced that they have partnered to bridge the digital divide in Ontario by leveraging Telesat's advanced, state-of-the-art Low-Earth Orbit (LEO) satellite network, Telesat Lightspeed. This $109 million agreement will futureproof and diversify Ontario's connectivity infrastructure, lay the groundwork for continued development and commercialization of Canadian satellite technologies and pave the way for future economic growth and jobs. Through this 5-year partnership, a dedicated Tele
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New Chief Commercial Officer Glenn Katz to lead product development, management and marketing as well as international sales team for all Telesat services Tom Eaton becoming President of Telesat Government Solutions to drive strategic direction and opportunities in the U.S. Government services market OTTAWA, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Telesat, one of the world's largest and most innovative satellite operators, today announced the appointment of industry leader Glenn Katz as Chief Commercial Officer (CCO). In addition, Tom Eaton, previously Telesat's Vice President of International Sales, is moving to the role of President of Telesat Government Solutions – a US-incorporated, wholly
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OTTAWA, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Telesat today announced its financial results for the three and nine-month periods ended September 30, 2021. All amounts are in Canadian dollars and reported under International Financial Reporting Standards ("IFRS") unless otherwise noted. For the quarter ended September 30, 2021, Telesat reported consolidated revenue of $192 million, a decrease of 5% ($10 million) compared to the same period in 2020. When adjusted for changes in foreign exchange rates, revenue declined 2% ($4 million) compared to 2020. The revenue decrease was primarily due to a slight reduction of service for one of Telesat's North American DTH customers, the reduction or non-r
OTTAWA, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Telesat has scheduled a conference call on Friday, November 5, 2021, at 10:30 a.m. ET to discuss its financial results for the three-month and nine-month periods ended September 30, 2021. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investor Relations" and the heading "News". Dial-in Instructions:The toll-free dial-in number for the teleconference is +1 866 696 5910. Callers outside of North America s
OTTAWA, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Telesat today announced its financial results for the three and six-month periods ended June 30, 2021. All amounts are in Canadian dollars and reported under International Financial Reporting Standards ("IFRS") unless otherwise noted. For the quarter ended June 30, 2021, Telesat reported consolidated revenue of $188 million, a decrease of 10% ($20 million) compared to the same period in 2020. When adjusted for changes in foreign exchange rates, revenue declined 3% ($7 million) compared to 2020. Revenue decreases were primarily due to a slight reduction of service for one of Telesat's North American DTH customers, non-renewals of certain enterpri
OTTAWA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Telesat has scheduled a conference call on Friday, August 13, 2021, at 10:30 a.m. ET to discuss its financial results for the three-month and six-month periods ended June 30, 2021. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investor Relations" and the heading "News". Dial-in Instructions:The toll-free dial-in number for the teleconference is +1 866 696 5910. Callers outside of North America should d
OTTAWA, March 04, 2021 (GLOBE NEWSWIRE) -- Telesat today announced its financial results for the three-month and one-year periods ended December 31, 2020. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted. For the year ended December 31, 2020, Telesat reported consolidated revenue of $820 million, a decrease of 10% ($90 million) compared to the same period in 2019. When adjusted for changes in foreign exchange rates, revenue decreased 10% ($87 million) compared to 2019. The revenue decrease was due to lower short-term services provided to other satellite operators, a reduction of service for a broadcast cus
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