Toyota backs Japanese space startup Interstellar to mass-produce rockets
- Toyota is investing 7 billion Japanese yen into Interstellar Technologies Inc., a Japanese private spaceflight company developing launch vehicles for satellites.
- Woven by Toyota will help Interstellar expand rocket and satellite manufacturing to meet surging worldwide demand for launch vehicles and satellite communications.
- This business alliance will leverage Toyota Group's extensive manufacturing capabilities to advance rocket production and mobility transformation.
- Woven by Toyota plans to provide about 7 billion yen to the first close of Interstellar's Series F round, which is now complete.
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