Through a subsidiary (16342451 Canada Inc.) CDEV oversees and manages the $2.14-billion loan for the Telesat Lightspeed project, Canada’s largest ever space program. Telesat Lightspeed will expand the reach of internet and 5G networks in underserved, rural and remote areas as well as provide high-capacity connectivity for enterprise, energy, aviation and maritime customers. While supporting Canadian jobs and technology, it will play a critical role in modernizing government and defence communications with resilient, secure global connectivity to enhance national security and Arctic defence.