[Satellite TODAY 03-24-10] The U.K. government has launched the U.K Space Agency and created the International Space Innovation Centre (ISIC), government officials announced March 23.
    ISIC is intended to provide a central hub for British space activity and ensure that the United Kingdom maintains a world class space capability. The ISIC is being supported by a 12 million pound ($18 million) investment from the BIS Strategic Investment Fund and will be located with the European Space Agency facility opened in July in Harwell.
    “The [U.K. space industry] is one of Britain’s real success stories. Year on year, it provides more jobs both directly and indirectly to the U.K. workforce. This is exactly the kind of high value-added industry we need to support as we rebalance our economy, creating sustainable growth and the jobs of the future,” U.K. Government Business Secretary Lord Mandelson said in a statement.

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