Reported 2 days ago
Toyota's mobility subsidiary, Woven by Toyota, plans to invest $44.3 million in Japanese rocket company Interstellar Technologies (IST) as part of a new business alliance. The investment aims to enhance rocket manufacturing by utilizing automotive industry expertise and Toyota’s production methods. Woven will also strengthen IST's supply chains and governance, supporting Japan's ambition for increased rocket launches in the upcoming years.
Source: YAHOO