Telesat LEO Incorporated
$600,000,000.00 CAD
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- Program The named fund or plan that the money comes from.
- Low Earth Orbit Satellite (LEO) Satellite Capacity Agreement
- 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.
- 2024-2025
- Agreement period The start date and the end date of the deal. The money can be paid at different times in this period.
- January 15, 2025 – December 31, 2037
- Reference
- ic:033-2020-2021-Q2-513327
Published purpose
Through this agreement, 140 Gbps of LEO satellite capacity will be dedicated for purchase by Internet Service Providers (ISPs) at a set price per Mbps per month in support of high-speed Internet access in satellite dependent communities and other eligible communities
In plain English AI-generated
This agreement dedicates 140 Gbps of low Earth orbit satellite capacity for purchase by internet service providers at a set price, to support high-speed internet access in satellite-dependent and other eligible communities in Canada.
Category: Infrastructure 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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