Telesat Named to TSX30 for Strong Share Price Performance

News related to:Telesat Corporation · 2 min read

OTTAWA, Ontario, Sept. 09, 2026 /CourierPR/ -- Telesat Corporation, one of the world's largest and most innovative satellite operators, has been named to the TSX30, a ranking of the top 30 performing companies on the Toronto Stock Exchange based on dividend-adjusted share price performance over a three-year period. The announcement was made by Telesat, which saw its share price grow by 475% over this period, corresponding to an increase of approximately $2.97 billion in market capitalization.

Telesat's inclusion in the TSX30 reflects the strong performance of the company as it prepares for the launch of Telesat Lightspeed, its advanced low Earth orbit (LEO) global satellite broadband network. The planned constellation has recently expanded to include 44% more capacity and is expected to enter global service in the first quarter of 2028. According to Dan Goldberg, President and CEO of Telesat, "Our inclusion in the TSX30 reflects the excellent progress we’ve made in advancing Telesat Lightspeed and supports our confidence in Telesat’s long-term strategy."

Established in 2019, the TSX30 was created to demonstrate how Canada's diverse capital markets enable high-growth companies across key sectors to scale globally and deliver exceptional investor value. Loui Anastasopoulos, CEO of the Toronto Stock Exchange, stated, "Just as nation-building is a priority for Canada, company-building must also be a national priority. The 2026 TSX30 demonstrates the potential of Canadian companies to grow, scale, and compete with the best in the world."

Telesat Corporation is a global satellite operator and leader in advanced satellite communications, redefining broadband connectivity through its Telesat Lightspeed low Earth orbit (LEO) network. Designed from inception for interoperability with enterprise and government applications, Telesat Lightspeed delivers secure, resilient, high-performance broadband connectivity with fibre-like speeds. Its advanced, software-defined architecture operates in both commercial and military Ka-band spectrum, enabling mission-critical communications with enhanced security and protection against evolving threats.

As Telesat prepares to launch its LEO constellation, the company emphasizes the importance of its long-term strategy and the potential it holds for delivering secure, scalable, and future-ready connectivity solutions to a wide range of customers, including telecom, enterprise, aviation, maritime, and defense sectors. Telesat's commitment to innovation and its ability to meet the most demanding requirements are key factors in its success, according to the company.

The TSX30 ranking also highlights the financial resilience and growth potential of Telesat, with its share price experiencing significant growth over the past three years. This performance underscores the company's strategic focus on delivering a world-class LEO broadband network and creating sustained value for customers, partners, and shareholders.

With nearly 60 years of innovation and engineering excellence, Telesat is uniquely positioned to address complex communication challenges and support mission success. The company's focus on cutting-edge technology and its strategic investments in the development of Telesat Lightspeed reflect its commitment to shaping the future of global communications.

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