Latest news with #TSAT
Time of India
26-05-2025
- Business
- Time of India
Tatas rope in Intel veteran Tim McIntosh to steer Assam chip assembly plant
Tata Electronics has appointed Tim McIntosh as vice president and head of operations and manufacturing excellence of Tata Semiconductor Assembly and Test (TSAT). McIntosh is the latest senior executive to be hired from Intel , having worked at the US firm for 34 years. In his last role at Intel, he was the advanced packaging factory general manager. Tata Electronics is setting up TSAT in Morigaon, Assam. The company is also accelerating its hiring drive, especially in Southeast Asian countries. Malaysia is a strategic location for TSAT to organise a hiring drive as the country holds 13% of the global market for chip packaging, assembly and testing services, as per a February 18 report by the Malaysian Investment Development Authority. Similarly, Singapore is a natural choice for the company as estimates from the Singapore Economic Development Board suggest that the country accounts for 10% of all chips produced worldwide and about 20% of global semiconductor manufacturing equipment production. Queries sent to Tata Electronics remained unanswered till press time. ET was the first to report in January that Tata Electronics was seeking to recruit from Intel, with hires like Reda Masarwa who is the company's senior vice president - construction and facility. Tata Electronics chief executive and managing director Randhir Thakur too joined from Intel , where he served as the president of Intel Foundry Services. But Tata Electronics is not restricting itself to Intel. Last month, the electronics arm of the Tata group appointed Global Foundries' KC Ang as the president and head of Tata Semiconductor Manufacturing. The company is conducting a hiring roadshow in Penang on May 24, followed by a walk-in drive on May 25 and May 26. A similar roadshow will take place in Singapore on May 31, followed by a walk-in drive on June 1. 'Tata Electronics is scaling — and we're looking for experienced semiconductor professionals to lead the way," Tim McIntosh said in a post on LinkedIn about the roadshow in Malaysia. 'We are expanding our semiconductor assembly and test operations in India (Assam & Karnataka), and actively hiring senior engineers, technical leaders, and domain experts in assembly, test, and quality functions. This is a unique opportunity to shape a greenfield semiconductor operation and drive high-impact innovation in one of India's most strategic tech sectors.' He further said that the company was keen to meet candidates with more than five years of deep technical experience in the semiconductor assembly, test development and quality engineering spheres.
Time of India
26-05-2025
- Business
- Time of India
Tatas rope in Intel veteran Tim McIntosh to steer Assam chip assembly plant
Tata Electronics has appointed Tim McIntosh as vice president and head of operations and manufacturing excellence of Tata Semiconductor Assembly and Test (TSAT). McIntosh is the latest senior executive to be hired from Intel , having worked at the US firm for 34 years. In his last role at Intel, he was the advanced packaging factory general manager. Tata Electronics is setting up TSAT in Morigaon, Assam. The company is also accelerating its hiring drive, especially in Southeast Asian countries. Malaysia is a strategic location for TSAT to organise a hiring drive as the country holds 13% of the global market for chip packaging, assembly and testing services, as per a February 18 report by the Malaysian Investment Development Authority. ETtech Similarly, Singapore is a natural choice for the company as estimates from the Singapore Economic Development Board suggest that the country accounts for 10% of all chips produced worldwide and about 20% of global semiconductor manufacturing equipment production. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Queries sent to Tata Electronics remained unanswered till press time. ET was the first to report in January that Tata Electronics was seeking to recruit from Intel, with hires like Reda Masarwa who is the company's senior vice president - construction and facility. Tata Electronics chief executive and managing director Randhir Thakur too joined from Intel , where he served as the president of Intel Foundry Services. But Tata Electronics is not restricting itself to Intel. Last month, the electronics arm of the Tata group appointed Global Foundries' KC Ang as the president and head of Tata Semiconductor Manufacturing. The company is conducting a hiring roadshow in Penang on May 24, followed by a walk-in drive on May 25 and May 26. A similar roadshow will take place in Singapore on May 31, followed by a walk-in drive on June 1. 'Tata Electronics is scaling — and we're looking for experienced semiconductor professionals to lead the way," Tim McIntosh said in a post on LinkedIn about the roadshow in Malaysia. 'We are expanding our semiconductor assembly and test operations in India (Assam & Karnataka), and actively hiring senior engineers, technical leaders, and domain experts in assembly, test, and quality functions. This is a unique opportunity to shape a greenfield semiconductor operation and drive high-impact innovation in one of India's most strategic tech sectors.' He further said that the company was keen to meet candidates with more than five years of deep technical experience in the semiconductor assembly, test development and quality engineering spheres.
Associated Press
14-05-2025
- Business
- Associated Press
Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio
DUBAI, United Arab Emirates, May 14, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Arab Satellite Communications Organization (Arabsat), the top satellite service provider in the Arab world, today announced the companies have successfully negotiated and signed a Term Sheet for a multi-Gbps capacity pool of Telesat Lightspeed connectivity services. The companies executed the agreement today during a signing ceremony at the CABSAT 2025 event in Dubai. Building on the Memorandum of Understanding (MoU) signed in 2024, this agreement establishes the negotiated framework for Arabsat's integration of Telesat Lightspeed LEO services, backed by Committed Information Rates (CIRs) and Service Level Agreements (SLAs), into its multi-orbit satellite ecosystem, ensuring robust and seamless broadband connectivity solutions tailored for enterprise, telecom, government, and mobility sectors. The parties expect to conclude definitive agreements by December 2025. 'This agreement with Telesat marks a major milestone in Arabsat's multi-orbit strategy and the advanced Telesat Lightspeed network will offer innovative capabilities to our customers in each of the markets we serve,' said President and CEO Alhamedi Alanezi. 'By offering LEO and GEO service, as well as blended combinations, we are laying the foundation for a new era of connectivity. Multi-orbit satellite systems and terminals will position the Arabsat Group at the forefront of digital transformation—delivering faster, more reliable, and cost-effective connectivity tailored to the distinct performance needs of each industry.' 'We're excited to achieve this important milestone in our strategic partnership with Arabsat, a premier satellite operator, which will bring innovative connectivity advancements to their customers across the Middle East, Africa, Europe and Central Asia,' stated Dan Goldberg, Telesat's President and CEO. 'In addition to the inherent security and reliability features of Telesat Lightspeed, Arabsat will have unprecedented flexibility to design, manage and control services to their customers, through Telesat's interoperable lifecycle orchestration systems.' 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 About Arabsat Established in 1976, Arabsat is an initiative launched by 21 Arab countries and is wholly owned by the Arab League. It is considered the first provider of satellite services in the Arab world and enjoys an advanced position among satellite operators globally. Thanks to a fleet of 8 satellites, equipped with state-of-the-art technologies, Arabsat is adept at providing a full spectrum TV and radio broadcast, telecommunications, broadband, advanced data transmission network solutions, and a range of satellite ecosystem services as well as multi-channel communications services, in addition to Internet services for government and commercial entities around the MENA region. Arabsat provides satellite and Internet broadcast services for more than 260 encrypted television networks and HD channels. It provides its services through advanced technologies, ensuring the highest quality to over 650 TV channels and more than 245 radio stations, reaching tens of millions of households in more than 100 countries in the Middle East, Africa, Europe, and Central Asia. These channels and stations are followed by more than 300 million viewers in 21 Arab countries. Arabsat seeks to empower itself as the world's best satellite operator. To do so, it follows an approach based on passion, stimulating innovation, and developing partnerships with the most prestigious satellite companies worldwide. This approach enabled Arabsat to acquire Hellasat, the most prominent satellite company in Southeastern Europe. In addition, Arabsat signed agreements with value-added services integration and advanced technology companies, which paved the way to launch Badr 8, the latest seventh generation satellite in its fleet. Furthermore, Arabsat aspires to launch more satellites equipped with optical communications technologies, which represent a real addition to the Arab satellite communications ecosystem. Media Contacts: W2 Communications for Telesat [email protected] Arabsat Public Relations [email protected] Telesat's 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,' ' expects, ' 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; tariffs; 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 and SEDAR's website at as well as our subsequent reports on Form 6-K filed with the SEC and also available on SEDAR.
Yahoo
14-05-2025
- Business
- Yahoo
Arabsat selects Telesat Lightspeed Low Earth Orbit (LEO) services for its multi-orbit connectivity portfolio
DUBAI, United Arab Emirates, May 14, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Arab Satellite Communications Organization (Arabsat), the top satellite service provider in the Arab world, today announced the companies have successfully negotiated and signed a Term Sheet for a multi-Gbps capacity pool of Telesat Lightspeed connectivity services. The companies executed the agreement today during a signing ceremony at the CABSAT 2025 event in Dubai. Building on the Memorandum of Understanding (MoU) signed in 2024, this agreement establishes the negotiated framework for Arabsat's integration of Telesat Lightspeed LEO services, backed by Committed Information Rates (CIRs) and Service Level Agreements (SLAs), into its multi-orbit satellite ecosystem, ensuring robust and seamless broadband connectivity solutions tailored for enterprise, telecom, government, and mobility sectors. The parties expect to conclude definitive agreements by December 2025. 'This agreement with Telesat marks a major milestone in Arabsat's multi-orbit strategy and the advanced Telesat Lightspeed network will offer innovative capabilities to our customers in each of the markets we serve,' said President and CEO Alhamedi Alanezi. 'By offering LEO and GEO service, as well as blended combinations, we are laying the foundation for a new era of connectivity. Multi-orbit satellite systems and terminals will position the Arabsat Group at the forefront of digital transformation—delivering faster, more reliable, and cost-effective connectivity tailored to the distinct performance needs of each industry.' 'We're excited to achieve this important milestone in our strategic partnership with Arabsat, a premier satellite operator, which will bring innovative connectivity advancements to their customers across the Middle East, Africa, Europe and Central Asia,' stated Dan Goldberg, Telesat's President and CEO. 'In addition to the inherent security and reliability features of Telesat Lightspeed, Arabsat will have unprecedented flexibility to design, manage and control services to their customers, through Telesat's interoperable lifecycle orchestration systems.' 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 About Arabsat Established in 1976, Arabsat is an initiative launched by 21 Arab countries and is wholly owned by the Arab League. It is considered the first provider of satellite services in the Arab world and enjoys an advanced position among satellite operators globally. Thanks to a fleet of 8 satellites, equipped with state-of-the-art technologies, Arabsat is adept at providing a full spectrum TV and radio broadcast, telecommunications, broadband, advanced data transmission network solutions, and a range of satellite ecosystem services as well as multi-channel communications services, in addition to Internet services for government and commercial entities around the MENA region. Arabsat provides satellite and Internet broadcast services for more than 260 encrypted television networks and HD channels. It provides its services through advanced technologies, ensuring the highest quality to over 650 TV channels and more than 245 radio stations, reaching tens of millions of households in more than 100 countries in the Middle East, Africa, Europe, and Central Asia. These channels and stations are followed by more than 300 million viewers in 21 Arab countries. Arabsat seeks to empower itself as the world's best satellite operator. To do so, it follows an approach based on passion, stimulating innovation, and developing partnerships with the most prestigious satellite companies worldwide. This approach enabled Arabsat to acquire Hellasat, the most prominent satellite company in Southeastern Europe. In addition, Arabsat signed agreements with value-added services integration and advanced technology companies, which paved the way to launch Badr 8, the latest seventh generation satellite in its fleet. Furthermore, Arabsat aspires to launch more satellites equipped with optical communications technologies, which represent a real addition to the Arab satellite communications ecosystem. Media Contacts: W2 Communications for Telesattelesat@ Arabsat Public Relationspublicrelations@ Telesat's 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,' 'expects,' 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; tariffs; 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 and SEDAR's website at as well as our subsequent reports on Form 6-K filed with the SEC and also available on in to access your portfolio
Time of India
04-05-2025
- Business
- Time of India
Japanese delegation in Assam explores collaboration opportunities
Guwahati: A Japanese delegation , on the second day of their three-day tour to Assam, visited the Tata Semiconductor Assembly and Test (TSAT) facility at Jagiroad and IIT Guwahati on Sunday. Tired of too many ads? go ad free now The team expressed interest in collaborating in education, economic, political and other sectors, besides infrastructure and construction. The delegation, led by the Speaker of the House of Representatives, Nukaga Fukushiro, and a member of the Liberal Democratic Party (LDP), was accompanied by CM Himanta Biswa Sarma during their visit to the TSAT facility. Upon their arrival at the facility, the CM extended a warm welcome to Nukaga and his team, while school students, dressed in traditional attire, greeted the guests by waving the national flags of both the countries. "Speaker of the House of Representatives visited Assam along with a huge delegation. He visited IIT Guwahati, interacted with officials of the state govt and also visited the Tata semiconductor facility. There is continuous engagement with the Japanese govt and businessmen and we hope that in due course Assam will see Japanese investment also," Sarma said. While visiting IIT Guwahati, the institute authority presented the delegation with various initiatives undertaken in collaboration with Japan, as well as future plans for cooperation. Nukaga said both countries shared democratic values and can work together for development. Praising India, Nukaga said the country was rich in human resources such as in information technology, which Japan needed. Therefore, Japan is eager to encourage such Indian human resources to establish themselves in Japan, Nukaga said. Additionally, he said that both countries can collaborate in infrastructure, construction, education, economy and politics. Tired of too many ads? go ad free now The delegation also visited the ASEAN-One Technical Center at Amingaon in north Guwahati, prompting Nukaga to speak about Assam's vast potential of becoming one of India's leading states. The team was briefed about the strategic location and available facilities of the hospitality project, under construction by the Assam Tourism Development Corporation Limited, at Amingaon. They were also informed about the state's preparations to open a Japanese language and testing centre at the technical centre. "This centre will provide opportunities for the state's youth to learn Japanese and receive skill training, which will facilitate employment opportunities abroad and strengthen ties between Japan and Assam," a govt release said.
