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Telesat invests US $5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite network

We’re proud to highlight Farcast, one of MaC Venture Capital’s portfolio companies, as they announce a new partnership and $5M equity investment from Telesat, one of the world’s leading satellite operators.

Farcast is developing advanced Flat Panel Antenna (FPA) User Terminals that can simultaneously transmit and receive data from a single aperture, offering smaller form-factor hardware with high performance, reduced cost, and lower power consumption.

With this partnership, Farcast will deliver fully integrated terminals for the Telesat Lightspeed network and continue scaling technology that brings enterprise-grade satellite connectivity to more industries and environments worldwide, including aviation, telecom, and defense.

At MaC, we invest in founders building technologies that push the boundaries of global infrastructure. Farcast’s work is a strong reflection of that mission.

Read the full announcement here: https://www.telesat.com/press/press-releases/telesat-invests-us5-million-in-farcast-to-develop-fully-integrated-user-terminals-for-telesat-lightspeed-satellite-network/