International Institute of Space Commerce Launched by International Space University
ISLE OF MAN, British Isles & STRASBURG, France -- The International Space University (ISU) is launching the International Institute of Space Commerce (IISC) as the world's leading authority on space commerce, it was announced today. It will be located at the International Business School (IBS) in the Isle of Man to capitalise on the island's growing importance as a space industry jurisdiction.
"We are creating the IISC to focus on the business of space, the policy and regulatory issues facing it," said Walter Peters, dean of International Space University and director of the IISC. . "This burgeoning market sector requires in-depth study if we are to find proactive solutions to the new issues that are arising, and the IISC will be a the centre of this research."
By agreement with the ISU, the Isle of Man Government has made a five-year commitment to establishing and hosting the IISC. Both ISU and the IBS will work together to strengthen links between the two institutions with the ultimate goal of facilitating both academic and student exchanges to the benefit of both groups.
The decision to locate the IISC in the Isle of Man followed the first-ever board meeting of ISU trustees outside their Strasbourg base held last September on the island. They saw the strong commitment and innovation of the Isle of Man space commerce industry.
Isle of Man Minister for Space Alex Downie said, "Welcoming the IISC to the Isle of Man is part of our overall strategy to encourage space innovation. We have attracted some of the space industry's most successful companies along with several niche players to our island over the past few years. Here, they find a perfect combination of a pro-space government, an established professional infrastructure, access to orbital slots and zero per cent tax on space and satellite business."
"Among the many countries interested in the commercial possibilities presented by outer space, the Isle of Man stands out as a place where people have that rare ability to both dream big dreams and close a solidbusiness plan," said Dr. Michael Simpson, President of the International Space University. "We look forward to a long and productive partnership with the island and its people in the years to come."
The Isle of Man is situated in the heart of the British Isles. The country is an internally self-governing dependent territory of the British Crown. It is not part of the United Kingdom but is a member of the British Commonwealth.
The IISC is to be an integral part of the School of Business and Management at the ISU. It will also seek association with other leading bodies in the world and will be associated with future ISU institutes as they are founded around the world.
Initially, the IISC will be 'virtual' with its activities being predominantly Internet-based. Looking ahead, there are plans to co-sponsor annual conferences at the ISU and with other institutes, to host bi-annual industry events on the Isle of Man, and finally to actively host and exchange students from the IISC, the IBS and the ISU.
Chris Stott of spaceisle.com said, "Our vision is for the IISC is quickly to become recognised as a respected centre of excellence for research and knowledge centred on commercial endeavours in space. We aim to build a strong community from industry, agencies, foundations and individuals with an interest in our mission."
Contacts
Strive Public Relations Limited for Spaceisle.com
Sherrilynne Starkie
Tel. +44 (0)1624 628994 or +44 (0) 7624 488881
"We are creating the IISC to focus on the business of space, the policy and regulatory issues facing it," said Walter Peters, dean of International Space University and director of the IISC. . "This burgeoning market sector requires in-depth study if we are to find proactive solutions to the new issues that are arising, and the IISC will be a the centre of this research."
By agreement with the ISU, the Isle of Man Government has made a five-year commitment to establishing and hosting the IISC. Both ISU and the IBS will work together to strengthen links between the two institutions with the ultimate goal of facilitating both academic and student exchanges to the benefit of both groups.
The decision to locate the IISC in the Isle of Man followed the first-ever board meeting of ISU trustees outside their Strasbourg base held last September on the island. They saw the strong commitment and innovation of the Isle of Man space commerce industry.
Isle of Man Minister for Space Alex Downie said, "Welcoming the IISC to the Isle of Man is part of our overall strategy to encourage space innovation. We have attracted some of the space industry's most successful companies along with several niche players to our island over the past few years. Here, they find a perfect combination of a pro-space government, an established professional infrastructure, access to orbital slots and zero per cent tax on space and satellite business."
"Among the many countries interested in the commercial possibilities presented by outer space, the Isle of Man stands out as a place where people have that rare ability to both dream big dreams and close a solidbusiness plan," said Dr. Michael Simpson, President of the International Space University. "We look forward to a long and productive partnership with the island and its people in the years to come."
The Isle of Man is situated in the heart of the British Isles. The country is an internally self-governing dependent territory of the British Crown. It is not part of the United Kingdom but is a member of the British Commonwealth.
The IISC is to be an integral part of the School of Business and Management at the ISU. It will also seek association with other leading bodies in the world and will be associated with future ISU institutes as they are founded around the world.
Initially, the IISC will be 'virtual' with its activities being predominantly Internet-based. Looking ahead, there are plans to co-sponsor annual conferences at the ISU and with other institutes, to host bi-annual industry events on the Isle of Man, and finally to actively host and exchange students from the IISC, the IBS and the ISU.
Chris Stott of spaceisle.com said, "Our vision is for the IISC is quickly to become recognised as a respected centre of excellence for research and knowledge centred on commercial endeavours in space. We aim to build a strong community from industry, agencies, foundations and individuals with an interest in our mission."
Contacts
Strive Public Relations Limited for Spaceisle.com
Sherrilynne Starkie
Tel. +44 (0)1624 628994 or +44 (0) 7624 488881
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