Posted on 01/23/2006 5:42:21 PM PST by KevinDavis
The space industry has landed firmly on the Isle of Man. Andrew Corlett reports on how proposed changes to Manx law will encourage further investment from global companies
Space has become big business. In 2005, the sector generated in excess of $125bn (£70.66bn) for the global economy, and the Isle of Man has been quick to recognise this trend.
Over the past five years, the island been steadily building a portfolio of space-related businesses and incentives. Inmarsat, Boeing, Sea Launch and Loral already have operational structures there, and 2006 should see the emergence of the island as a recognised niche player in the space industry.
(Excerpt) Read more at thelawyer.com ...
Gee, I wonder if Bill Richardson realizes that he will be facing some stiff competition in his quest to lure space bucks to New Mexico.
Meanwhile, Liberals in Wisconsin laugh at the idea of bringing space related industries to their state. Pathetic.
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