PocketPod

Toyota Partners with Interstellar for Space Rockets

Toyota has invested ¥7 billion ($44.4 million) in Japanese space startup Interstellar Technologies (IST) to enhance IST's large-scale rocket production capabilities. This move showcases Toyota's ambition to extend its mobility innovations beyond Earth, combining its manufacturing expertise with IST's space developments. By strengthening IST's supply chains and governance, Toyota aims to advance the production of lightweight, commercial rockets amidst Japan's growing space ambitions. This collaboration aligns with the Japanese government's goals of becoming a leading space industry player by the 2030s.

-3:15

Sources