Toyota Invests $44.4 Million in Rocket Development with Interstellar Technologies 🚀
Toyota Invests $44.4 Million in Rocket Development with Interstellar Technologies 🚀
Toyota is expanding its horizons beyond cars, investing 7 billion yen ($44.4 million) in Japanese spaceflight startup Interstellar Technologies.
Chairman Akio Toyoda announced that the automaker is exploring the development of orbital rockets, aiming to revolutionize the future of mobility.
The investment supports the startup's efforts to build rockets for satellite launches, with Toyota leveraging its mass production expertise.
This move positions Toyota alongside Mitsubishi in Japan’s growing space sector. Additionally, Toyota has completed the first phase of its Woven City, a testbed for emerging technologies.
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