ManSat CEO Chris Stott has addressed an event at the Isle of Man Chapter of the Society of Satellite Professionals International.
Mr Stott, who is based in Houston, USA, was on the Island to attend a conference of European Telecoms regulators for which his company ManSat was a sponsor.
The topic of his talk was "How to sell Space".
Mr Stott was appointed SSPI Chairman in March this year and his talk, at the Embassy Room in The British on North Quay, Douglas, focused on the Island’s vital role in the global satellite industry, and opportunities for Manx companies involved with the industry to develop their business links.
He told the audience that the satellite industry is worth more than $300 billion a year and enables a $4.3 trillion global communications industry . . and added that the Isle of Man has only begun to scratch the surface of opportunities in the area.
Mr Stott added that he saw no reason why the Island's role and influence cannot continue to grow in the years ahead.
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