I saw this on Ebay USA and thought....Hmmm, I know that artwork of the spaceman but can't think where.
Can you readers?
I had wondered if the figure was 'inspired' by Big Jim's Captain Laser ....
But keen-eyed readers Arto and Steve P have totally nailed it,
its from the Flash Gordon movie poster by Renato Casaro [cheers Steve and Arto!]