Thank you, Madam Chair.
Thank you to our witnesses today. This has been a fascinating discussion.
I think all of rural Canada right now is exceptionally excited by the prospect of LEO technology rendering a better digital experience for that region. I represent rural western Quebec, 30,000 square kilometres of under-covered terrain. There is a great deal of frustration. People are looking for all manner of solutions. There's also a broad lack of understanding of what exactly LEO will be offering and how. Obviously, as we've heard from our witnesses today, there are different business cases for the Telesat offering vis-à-vis SpaceX. I appreciate the outlining of that.
I wonder, Mr. Goldberg, if you could enlighten Canadians further on the nature of the global competition among LEO satellite operators. What are some of the big challenges faced by Telesat? How do they compare with challenges faced by other providers? I've heard that we can expect consolidation in the industry over the coming years, but I don't understand all of those dimensions. I think the public would like to better understand where the business for LEO is going in the longer term.