M&A Deal Summary

Telesat Acquires Loral Space & Communications

On November 24, 2020, Telesat acquired communications company Loral Space & Communications

Acquisition Highlights
  • This is Telesat’s 1st transaction in the Communications sector.
  • This is Telesat’s 1st transaction in the United States.
  • This is Telesat’s 1st transaction in New York.

M&A Deal Summary

Date 2020-11-24
Target Loral Space & Communications
Sector Communications
Buyer(s) Telesat
Deal Type Add-on Acquisition

Target

Loral Space & Communications

New York, New York, United States
Loral Space & Communications is a satellite communications company engaged, through ownership interests in affiliates, in satellite-based communications services. Loral Space & Communications was founded in 1996 and is based in New York City.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Telesat

Ottawa, Ontario, Canada

Category Company
Sector Communications
Employees490
Revenue 571M USD (2024)
DESCRIPTION

Telesat is a global satellite operator that provides technical consultation and support services to satellite operators, insurers, and other industry stakeholders around the globe. Telesat is based in Ottawa, Ontario.


DEAL STATS #
Overall 1 of 2
Sector: Communications M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-04 Farcast

San Francisco, California, United States

Farcast designs and manufactures satellite communication user terminals that enable access to broadband connectivity through geostationary and low Earth orbit satellite networks. Farcast was founded in 2019 and is headquartered in San Francisco, California.

Buy -