Space industry continues to flourish

The Island’s space commerce sector is continuing to thrive against its global competitors.

That's according to a new report from US-based aerospace consultants Futron Corporation.

It's praised the consistent growth over the last two years and notes that the Island has an advantage over similar jurisdictions as a result of a "distinctive approach" to the area.

Particular praise went to SpaceIsle, the Department of Economic Development, ManSat and the Communications Commission.

Director of the DED Tim Craine says he believes the Island's industry will continue to grow as long as it's supported:

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