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Scale of space industry success confirmed

Earnings from the Isle of Man's space industry could soon pass the £1 billion mark, according to a recent article in the United Kingdom's Independent newspaper.

A double page spread entitled 'The Ascent of Manx' spoke in glowing terms of the industry's 'astronomical ascent', and said the UK government could learn lessons from the Island's 'conspicuously successful' approach.

Director of the Business Development Agency at the Department of Economic Development Tim Craine says the figure isn't 'pie in the sky':

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