SES Satellite Leasing Limited has announced the sponsorship of an executive space MBA programme to benefit students from the Isle of Man.
Beginning in January 2009, SES SL will support a five-year plan to establish and manage the programme through the auspices of the International Space University in Strasbourg, France, and using the resources of the International Business School and the newly formed International Institute of Space Commerce based at the Nunnery in Douglas.
SES SL will kick start the programme in January with a 30,000 Euros initial investment, plus an additional 50,000 Euros per year from 2009-2013, including one SES SL scholarship. In view of the rapidly growing role of space commerce on the Isle of Man, one of the residential sessions of the programme will take place on the Island. Everyone is very pleased with this, “The growing success of SES and the other space related companies on the Island is further evidence of the growing diversification of the Island’s economy,” said Treasury Member with responsibility for the space industry, Alex Downie, MLC.