The deployment of the 198 satellites of the future Telesat Lightspeed network will finally be able to take off. Announced with great fanfare in 2021 and then postponed several times, the project was the subject of a new announcement on Friday in the presence of Prime Ministers François Legault and Justin Trudeau.
Quebec will invest $475 million, including $400 million in Telesat to support the development, manufacturing, marketing and operation of the satellites and $75 million in MDA, of Sainte-Anne-de-Bellevue, which will act as project manager.
The project now expects to create 967 jobs, 317 more than originally announced in 2021.
The project represents investments totaling more than $6.1 billion, including more than $2.6 billion in Quebec.
As part of this project, Telesat plans to establish a satellite control and operations centre in Gatineau.
Ottawa had already announced, for its part, investments of 2.14 billion in the project.
Further details will follow.
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