Added to YB: 2026-07-01
Pitch date: 2026-06-26
TSAT [bullish]
Telesat Corporation
+16.05%
current return
Author Info
No bio for this author
Company Info
Telesat Corporation, a satellite operator, provides mission-critical communications solutions to support the requirements of satellite users in Canada, the United States, Asia, Australia, Latin America, the Caribbean, Europe, the Middle East, and Africa.
Market Cap
$909.7M
Pitch Price
$43.62
Price Target
95.20 (+107%)
Dividend
N/A
EV/EBITDA
29.65
P/E
-4.77
EV/Sales
13.48
Sector
Diversified Telecommunication Services
Category
special_situation
Weird Shit Investing 2026 - Telesat Corporation
TSAT: Canadian satellite operator at $2.4bn mcap; declining GEO masks LEO network funded by Canada/Quebec govts, ring-fenced from creditors. Legal/structural puzzle: 1991 Act bars in-court windup, blocks hedge funds. Dec 2026 maturity wall forces settlement. 126% upside (LEO at 5-7.5x $2.7bn 2032 EBITDA = $5.5bn), -25% downside cushioned by sovereign backing. Sovereign demand (Japan, India, etc) as nations seek non-US infra.
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