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Ronald Thompson Named Vice President of Telesat Government Solutions Growth

1. Ronald Thompson, a retired USAF Colonel, appointed VP at Telesat Government Solutions. 2. Thompson aims to expand government user community for Telesat Lightspeed network. 3. His extensive experience includes senior roles in space operations and acquisition. 4. Telesat Lightspeed offers high-capacity and secure satellite connectivity solutions. 5. The appointment is seen as pivotal for expanding government partnerships.

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FAQ

Why Bullish?

The appointment strengthens Telesat's position in government contracts, resembling past successes with military markets.

How important is it?

Thompson's military background enhances credibility, likely resulting in increased government contracts.

Why Short Term?

Immediate growth strategies and partnerships are expected to quickly materialize under Thompson's leadership.

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LMTBANOCMDA
April 22, 2025 07:30 ET  | Source: Telesat ARLINGTON, Va., April 22, 2025 (GLOBE NEWSWIRE) -- Telesat Government Solutions, a wholly-owned subsidiary of Telesat (Nasdaq and TSX: TSAT), today announced Ronald Thompson Jr., Colonel (retired), USAF, as Vice President of Telesat Government Solutions Growth. In this strategic role, Mr. Thompson will function as the chief growth officer, leading the business growth strategies and business development team for the company, with a mission of expanding the government user community for the Telesat Lightspeed Low Earth Orbit (LEO) satellite network. Mr. Thompson offers a wealth of expertise, exceptional insight, and strong leadership gained throughout his distinguished career spanning nearly four decades, including 26 years of dedicated service in the U.S. Air Force, where he advanced through increasingly senior roles in space operations and space acquisition. Most recently, Mr. Thompson was Vice President of Business Development at LinQuest Corp where he drove business growth strategies for new and existing markets. He has previously held senior-level positions at Raytheon Intelligence & Space, SSL Federal, MDA Information Systems LLC, and Analytical Graphics, Inc. (AGI). Chuck Cynamon, President of Telesat Government Solutions, stated, “Ron’s expertise and wealth of experience will be invaluable to us as we expand and enhance our mission-critical LEO SATCOM solutions for our government partners. Respected and trusted throughout the industry, his leadership will be instrumental as we bring our transformative Telesat Lightspeed services to the U.S. government’s military, intelligence, and civil agencies.” “It is an honor to join such an exceptional team, dedicated to delivering an advanced LEO constellation that ensures unmatched security, flexibility and resiliency for government and defense operations,” said Ron Thompson. "I look forward to cultivating relationships with the U.S. government and Allies to support the mission of adopting strategic communication systems.” About Telesat Government Solutions Telesat U.S. Services, LLC (dba Telesat Government Solutions) is a wholly-owned, U.S.-incorporated subsidiary of leading satellite operator Telesat. Telesat Government Solutions provides reliable and secure global communications networks that the U.S. Government and allies require and the information superiority and mission assurance they demand. Telesat Government Solutions offers resilient infrastructure and real-time operations management, leveraging the most cutting-edge satellite technologies. About Telesat Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (Nasdaq and TSX: TSAT) 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 state-of-the-art Low Earth Orbit (LEO) satellite network, has been 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, secure and resilient links with fibre-like speeds. For updates on Telesat, follow us on LinkedIn, X, or visit www.telesat.com. Media Contact:W2 Communications for Telesattelesat@w2comm.com Forward-Looking Statements Safe Harbor This news release contains statements that are not based on historical fact and are “forward-looking statements’’ within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws. When used herein, statements which are not historical in nature, or which contain the words “will,” or similar expressions, are forward-looking statements. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. All statements made in this press release are made only as of the date set forth at the beginning of this release. Telesat Corporation undertakes no obligation to update the information made in this release in the event facts or circumstances subsequently change after the date of this press release. These forward-looking statements are based on Telesat Corporation’s current expectations and are subject to a number of risks, uncertainties and assumptions. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond Telesat Corporation’s control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. There are numerous risks and uncertainties associated with Telesat’s business and the Telesat Lightspeed constellation. Known risks and uncertainties include but are not limited to: inflation and rising interest rates; Telesat’s ability to meet the funding conditions of its funding agreements with the Government of Canada and Government of Quebec; technological hurdles, including our and our contractors’ development and deployment of the new technologies required to complete the constellation in time to meet our schedule, or at all; the availability of services and components from our and our contractors’ supply chains; competition; risks associated with domestic and foreign government regulation, including access to sufficient orbital spectrum to be able to deliver services effectively and access to sufficient geographic markets in which to sell those services; Telesat’s ability to develop significant commercial and operational capabilities; risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance; and volatility in exchange rates. The foregoing list of important factors is not exhaustive. Investors should review the other risk factors discussed in Telesat Corporation’s annual report on Form 20-F for the year ended December 31, 2024, that was filed on March 27, 2025, with the United States Securities and Exchange Commission (“SEC”) and the Canadian securities regulatory authorities at the System for Electronic Document Analysis and Retrieval (“SEDAR”), and may be accessed on the SEC’s website at https://www.sec.gov/ and SEDAR’s website at https://www.sedarplus.ca/ as well as our subsequent reports on Form 6-K filed with the SEC and also available on SEDAR.

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