International Institute of Space Commerce

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International Institute of Space Commerce

Abbreviation	IISC
Formation	2007
Type	Non-profit
Purpose	think-tank focusing on commercial space aspects
Headquarters	Douglas, Isle of Man
Location	Isle of Man
Coordinates	54°24′N 4°30′W / 54.4°N 4.5°W / 54.4; -4.5
Official language	English
Director	Prof. Walter Peeters
Website	iisc.im

The International Institute of Space Commerce (IISC) was established at the Isle of Man in 2007 as a corporation between the International Space University (ISU) and the Government of the Isle of Man. Realizing that the new space economy is being confronted with new challenges, it was felt necessary to establish a new think-tank focusing on commercial space aspects in addition to other space think-tanks, most of them with an emphasis on governmental space activities.

The location on the Isle of Man was targeted towards the growth of commercial space economy attracted on the Isle by creating a favorable environment for commercial space companies. The think-tank activity has been established and is intended to provide an added value to the services offered locally.