Satellite antennas at Telesat’s facility in Allan Park, Ont., on Monday, Jan. 28, 2019.Telesat Canada has secured $85-million in government funding as it pushes to launch a web of almost 300 small satellites into low-Earth orbit and bring high-speed internet to hard-to-reach places. Ottawa has also agreed to contribute up to $600-million more to support the delivery of broadband services to local customers over the next decade.
Telesat and federal Innovation Minister Navdeep Bains announced a partnership in a joint news conference in Ottawa on Wednesday. In one component of the agreement, Ottawa will contribute $85-million to Telesat through the Strategic Innovation Fund as a non-repayable grant. The second part of the Telesat partnership is a memorandum of agreement signed by the satellite provider and the federal government. The details of this will be finalized in the coming months, Telesat said, but it is expected to include a “contribution agreement of $600-million from the Government of Canada that will secure the affordable delivery of LEO capacity for Canadians.”
Ms. Keenan said the government’s contribution of up to $600-million is part of its 2019 budget commitment to launch a new Universal Broadband Fund with the aim of connecting all Canadian homes and businesses with internet download speeds of 50 megabits a second and upload speeds of 10 Mbps by 2030.
GlobeTechnology So if you choose to live in the middle of nowhere the govt provides $85m to get you internet? Not clean water but wicked fast internet.
GlobeTechnology my name is beca
GlobeTechnology Well it is 2019.
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