Leonard David has been reporting on the space industry for more than five decades.
The space industry has agreed a path forward with government that aims to boost the sector.
The Isle of Man's space industry has been hailed as a "fascinating model" in recent market research.
The space industry is already very healthy, and managed to sustain growth right through the recent recession.
"We have underestimated the strength of our space industry, " he told BBC News.
Jeff Foust, a space industry analyst at Futron, told me that the financial challenge is bigger than the technical challenge.
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One edge that the United States does have in its space program, though, is its embrace of the private space industry.
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We're going to become once again like we were with the space industry, the most advanced technologically country in the world.
There's a tremendous amount of capital now going into the private space industry on the basis of somebody having done it.
Andrew Bowyer is a director of a Leicester engineering consultancy called Magna Parva, which specialises in designing equipment for the space industry.
Reducing the revenue and profit of the space industry might be a reasonable thing to do if such constraints supported military objectives.
After years of winning awards for coverage of the space industry, the paper decided to try its hand at the World Wide Web.
Without funding to NASA to aid in these crucial stages of development, the American private space industry might be strangled in its crib.
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"America's space industry is taking a quantum leap forward with this historic shift, " said John Gedmark, executive director of the Commercial Spaceflight Federation.
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Another commercial space industry participant told me that what puzzled him the most was the lack of visible support from the commercial space industry.
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He implies that the idea of introducing free market principles of open competition to the space industry is some sort of liberal Obama administration conspiracy.
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"It's a revolution, " he says of private space industry, adding that in the not-so-distant future, space travel could allow for a trans-Atlantic flight in under 20 minutes.
Minister for Economic Development, Allan Bell said: "I am delighted to see such a positive analysis of the Isle of Man's vibrant, diverse and rapidly growing space industry".
At its core, the modern space industry is all about building and launching satellites, and that business has been lagging--largely due to the extensive infrastructure already in orbit.
The space industry of 2006 is like a rocket about to launch on its maiden voyage--nobody knows whether it will take off or just blow up on the pad.
Doctors may soon face requests to provide medical clearance for commercial space travelers and these decisions could impact the growth of the private space industry, according to a new analysis.
Meanwhile, the existence of the shuttle doubtless inhibits the development of a private space industry and the new private companies face regulatory restrictions that do not apply to the shuttle.
Although the American commercial space industry is doing some amazing things, the government still has a major role to play to develop infrastructure and a clear legal regimen for commercial spaceflight.
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This private space industry is so competitive and secretive.
The commercial space industry is facing just such a development right now, with some members of Congress proposing to cut funding in half for a crew vehicle that several companies are competing to build.
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Huntsville, in the north, boasts some of the nation's highest technology, rippling out from the space industry that began with the arrival after the second world war of the Nazis' rocket-man, Wernher von Braun.
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The attractive rates have attracted business from all over the world including companies involved in e-gaming and the space industry but local companies are unable to benefit in the same way as off-shore business.
Moreover, U.S. firms may legitimately wonder why tax-dollars should be expended on supporting potential competitors (for example, in the Soviet space industry) when the federal government declines to help its own companies experiencing traumatic market shifts.
The MARSballoon project, which was organised by Bristol-based aerospace company Systems Engineering and Assessment (SEA), involved six local schools and two universities, and was aimed at helping the students take an interest in a career in the UK space industry.
Written by lobbyists for the commercial space industry, this piece is nothing more than an argument over who should get the money that our nation spends on space exploration, with the authors quite naturally arguing that their own clients should receive those funds.
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