Toyota Invests $44 Million in Rocket Production Partnership with Interstellar

Reported 2 days ago

Toyota's Woven by Toyota division is set to invest approximately $44 million in Interstellar Technologies, a Japanese company focused on space infrastructure, to enhance the mass production of rockets. This partnership aims to apply automotive manufacturing expertise to create a cost-effective and scalable rocket manufacturing process. CEO Takahiro Inagawa expressed optimism about transforming their production and expanding space accessibility, as Toyota also pursues projects like a lunar rover in collaboration with Japan's space agency.

Source: YAHOO

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