Satellite operator Telesat (NASDAQ and TSX: TSAT) today announced its financial results for the three and twelve-month periods ended December 31, 2024. For the year ended December 31, 2024, Telesat had a net loss of CDN$ 302 million compared to net income of CDN$ 583 million for the prior year. The negative variation of $886 million was principally due to the impact of shifts in foreign exchange rates on the Canadian dollar value of our U.S.

C-COM Satellite Systems Inc., (TSXV: CMI and OTCQB: CYSNF), a provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its fiscal year ended November 30, 2024. The Company generated revenues of CDN$ 7,886,850, down 5% compared to 2023’s revenues of CDN$ 8,294,957.

All amounts are in Canadina dollars (CDN$)

The highly anticipated CABSAT and Integrate Middle East (Integrate ME) are set to return in 2025 with their latest editions, taking place from 13 to 15 May  2025, at the Dubai World Trade Centre (DWTC). These renowned events will unite leading professionals from the media, content, broadcast, Pro AV, and technology sectors to explore cutting-edge innovations and trends reshaping the future of these industries.

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 Francesco Cataldo