Telesat LEO Incorporated

$85,000,000.00 CAD

≈ $2.05 for every person in Canada ≈ 1,099 Canadians' average pay for a year

Department: Innovation, Science and Economic Development Canada
Program: SIF Stream 1- R&D
Recipient country: Canada
Fiscal year: 2019-2020
Agreement period: May 24, 2019 – December 30, 2036
Reference: ic:033-2019-2020-Q1-811230

Published purpose

This project will design, build and launch up to 15 Low-Earth Orbit (LEO) satellites, and develop and implement satellite operations and network control systems through various partnerships.

In plain English AI-generated

This project funds the design, build, and launch of up to 15 Low-Earth Orbit satellites, along with the development of satellite operations and network control systems through partnerships.

Category: Research Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

Community tags

Tags are applied by readers, not by this site. One tag per person per record.

Good value Local impact Needs context Questionable Success story Wasteful

View official source record Imported August 3, 2026 from open.canada.ca Grants & Contributions