Telesat LEO Incorporated
$85,000,000.00 CAD
1 warning sign on this record
-
New recipient, large amount
This is the earliest dated record of this recipient in the data, and the amount is $1 million or more.
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- Program The named fund or plan that the money comes from.
- SIF Stream 1- R&D
- Recipient country
- Canada
- Fiscal year The government's budget year. It starts on April 1 and ends on March 31. For example, 2023-2024 is from April 2023 to March 2024.
- 2019-2020
- Agreement period The start date and the end date of the deal. The money can be paid at different times in this 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.
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