Plenty of Interest in the Isle of Man at Satellite 2013

April 9, 2013 By

Very encouraging! That was the message that the lead Cavendish Trust Director returned with from Satellite 2013, the world’s pre-eminent satellite and conference exhibition.

The event, held in Washington DC attracting around 350 exhibitors and 12,000 attendees, was the second year running where Cavendish was the Isle of Man’s only international corporate service provider in attendance.

Being a niche internationally focussed business, Cavendish has been closely involved with the island’s flourishing space and satellite sector for a number of years.

And, as in 2012, Cavendish was an integral part of the Isle of Man Government led delegation which travelled to the US capital, including Director for Space Commerce, Tim Craine and Alex Downie OBE MLC, the Minister with responsibility for space business.

“Satellite 2013 is the biggest global event for the industry held throughout the year and we felt it was important to be there to promote the Island’s as a global force for good within the industry.”

“The feedback we received was very encouraging and, as a result, we have come back with a huge amount of enquiries to process.”

Much of the success that the Isle of Man has achieved from the space and satellite business in recent years has been due to the Government’s unique approach to the industry. They have recognised the strength of the island’s financial, regulatory, legal and administrative sector, with Cavendish to the fore, which has played a significant part in providing support for international aerospace companies.  Today, the space sector accounts for over 1% of the Island’s total national income.

Speaking in the aftermath of the show, Tim Craine said:  “I am confident that we will see more companies moving to the Island in the near future as a result of our attendance at Satellite 2013.”