The International Institute of Space Commerce is the world’s leading nonpartisan think-tank dedicated to the study of the business, economics, and commerce of space.
Our goal is to transform the global discussion on space commerce working to solve the issues it faces today and tomorrow by driving forward the conversation with a marketplace of new ideas by providing this home for the exchange, discussion, and creation of new ideas in space commerce.
Being international in its reach and a non partisan ‘Think Tank’ drawing upon new ideas and solutions to existing and future problems the space industry faces by drawing together experts from academia, government, the media, business, international and non-governmental organizations, most notably those from the ISU and its extended network of people and resources.
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Our members are drawn from around the world from private citizens to policy makers, from academics and students to industry leaders. All are contributing to the growing conversation and ideas about space commerce today and its future for all tomorrow.
Every nation in the world, every economic sector, and near every human being today depends upon the products and services of the space industry.
Since the launch of Sputnik in 1957, the global space industry has grown enormously to encompass the annual $300 billion satellite communications industry, itself supporting the $4.3 trillion a year telecommunications industry, on through to the provision of weather satellites and global positioning systems changing the way the world feeds itself through to the revolution in remote sensing changing the way we see our lives and further to the cutting edge frontier of the commercialization of human spaceflight with space tourism, the International Space Station, Asteroid mining, and so much more.
How is all of this evolving and growing in this age of exponential technology, of industry disruption, this second renaissance, this digital renaissance? Help us in answering these and other questions. Join the conversation?
The Institute publishes papers, holds workshops and events, and supports conferences around the world.
To date, the Institute has published over 40 papers from industry and academic leaders which have been delivered by invitation at venues ranging from the US National Academy of Sciences in Washington DC to the International Space University in Strasbourg, to the International Astronomical Congress in Toronto and Jerusalem, covering topics as diverse as the commercial use of the International Space Station on through to the use of private capital for the provision of public science missions.
Why not submit a paper for publication?
The Institute was founded in 2007 as a Not for Profit Isle of Man Company and is been located at the Nunnery in Douglas on the Isle of Man, drawing from the Isle of Man’s growing role and importance in the world’s space industry.
Dr. Michael K. Simpson was a founding director of the International Institute of Space Commerce and became Managing Director following his retirement as Executive Director of the Secure World Foundation in October 2018. He is a former President of the International Space University. He has also been President of Utica College and the American University of Paris with a combined total of 22 years of experience as an academic chief executive officer. He currently holds an appointment as Professor of Space Policy and International Law at ISU.
After graduating from Fordham University, Simpson accepted a commission as an officer in the U.S. Navy, retiring from the Naval Reserve in 1993 with the rank of Commander. His naval experience included service as a Political-Military Action Officer at US European Command in Stuttgart, Germany. He completed his Ph.D. at Tufts University, The Fletcher School of Law and Diplomacy, holds a Master of Business Administration from Syracuse University; and two Master of Arts degrees from The Fletcher School. He has also completed two one-year courses in Europe: the French advanced defense institute (Institut des Hautes Études de Défense Nationale) and the General Course of the London School of Economics. He is a member of the International Academy of Astronautics, a member of the International Institute of Space Law, a member of the Institut Aéronautique et Astronautique de France, and a Senior Fellow of the International Institute of Space Commerce.
He is the author of numerous scholarly papers, presentations, articles and book contributions. His practical experience includes service as an observer representative to the UN Committee on the Peaceful Uses of Outer Space, participation in the IAF committees on Commercial Spaceflight Safety and Space Security, membership in three IAA Cosmic Study Groups, participating organization representative to the Group on Earth Observations and a past member of its Ministerial Working Group, an Advisor to the Moon Village Association, and a Governor of the National Space Society in the United States. He currently serves as Vice Chair of The Hague Space Resources Governance Working Group.