What are your thoughts on Telesat

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https://financialpost.com/technology/telesat-takes-on-elon-musk-and-jeff-bezos-in-space-race-to-provide-fast-broadband

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Asked on April 13, 2021 2:08 pm
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Well,

Telestat isn't a publicly traded company yet. It is intending to list on the NASDAQ but isn't there yet. LORL owns 63% of Telestat so that is a way to gain exposure to it. It is considering a Canadian listing, but nothing has been submitted officially for that yet.

So your options are to wait for Telestat to become publicly traded, or buy LORL. THe space industry itself is speculative at the moment and even the ARK Space ETF didn't have quite the fanfare most expected.

https://www.telesat.com/press/press-releases/telesat-to-become-public-company-through-agreement-with-loral-space-communications-and-psp-investments/

Mat

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Posted by Mathieu Litalien
Answered on April 13, 2021 5:16 pm