Ms. Michele Beck reports

MAGE NETWORKS SIGNS MEMORANDUM OF UNDERSTANDING FOR TELESAT LIGHTSPEED SERVICES

Telesat Corp. and Mage Networks, a leading Internet service provider and technology developer, have signed a memorandum of understanding (MOU) for Telesat Lightspeed low Earth orbit (LEO) satellite services.

Telesat and Mage Networks will collaborate on integrating commercial and technical aspects of Telesat Lightspeed high-throughput and low-latency capacity into its services portfolio. Together they will develop demand and traffic projections and network performance criteria by market segment and define optimal business and operating models, with the objective of contracting Telesat Lightspeed services.

"Mage Networks understands the hardships facing people living in remote communities that don't have the same technological access that others do," said Dr. Sayed-Amr (Sisso) El-Hamamsy, co-founder, president and chief executive officer of Mage Networks. "By integrating Mage Network's hybrid solutions with Telesat Lightspeed LEO capacity, we will be able to deliver reliable, redundant, affordable service to more people, in less time and at reduced cost."

Through this collaboration, Mage Networks will expand broadband Internet services to unserved and underserved communities in Canada, leveraging the Telesat Lightspeed capacity pool that was established through a partnership between Telesat and the government of Canada.

The dedicated pool of Telesat Lightspeed rural connectivity capacity is available to mobile network operators (MNOs), Internet service providers (ISPs) and indigenous ISPs at greatly reduced rates on a first-come, first-served basis to provide connectivity for eligible communities. With the Telesat Lightspeed high performance network capacity, service providers will offer affordable broadband service plans to their end-users of at least 50-/10-megabit-per-second speeds with unlimited data.

"Integrating the Telesat Lightspeed capacity pool with the Mage Networks innovative services portfolio will be a powerful solution to bridge the digital divide in Canada and achieve universal connectivity for all," said Michele Beck, senior vice-president, Canada sales.

Designed from inception to serve the demanding, mission-critical connectivity requirements of enterprise and government users, the Telesat Lightspeed network will provide multigigabit-per-second data links and highly secure, resilient, low-latency broadband connectivity anywhere in the world. With the signing of MDA as the prime satellite manufacturer and all necessary launch contracts in place for global constellation deployment, Telesat is well positioned to begin delivering unmatched, enterprise-class connectivity in 2027.

About Telesat Corp.

Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat is one of the largest and most innovative global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world's most complex communications challenges, providing powerful advantages that improve their operations and drive profitable growth. Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company's low Earth orbit (LEO) satellite network, will be the first and only LEO network optimized to meet the rigorous requirements of telecom, government, maritime and aeronautical customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity links with fibre-like speeds.

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