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丰田(TM.US)将向日本太空初创公司Interstellar投资超4400万美元

Toyota (TM.US) will invest over 44 million dollars in the Japanese space startup Interstellar.

Zhitong Finance ·  Jan 7 14:48

On Tuesday, Interstellar Technologies announced that Toyota Motor will invest 7 billion yen (approximately 44.4 million dollars) through its mobility technology subsidiary, Woven by Toyota.

According to Zhicheng Finance APP, Japanese space startup Interstellar Technologies, which is developing Satellite Launch Vehicles, announced on Tuesday that Toyota Motor (TM.US) will invest 7 billion yen (approximately 44.4 million dollars) through its mobile technology subsidiary, Woven by Toyota.

It is reported that Interstellar Technologies aims to mass-produce lightweight rockets and eventually compete with major companies for a share of the growing commercial space industry. Toyota stated that the company hopes to leverage its experience in mass-producing Autos and collaborate with Interstellar Technologies to produce rockets.

Interstellar Technologies stated in a press release that Japan conducted three rocket launches in 2023, and there is significant room for improvement before achieving the target of launching 30 times a year by the first half of this century. The company noted that to fulfill this promise, Japan will need to undergo a 'structural transformation of its domestic aerospace industry.' The company aims to 'transform rocket manufacturing into a high-quality, low-cost, and scalable process by leveraging expertise from the automobile industry, including Toyota's production methods.'

Toyota Motor Chairman Akio Toyoda hinted at this investment during a speech at the 2025 Consumer Electronics Show (CES) in Las Vegas, USA, on Monday. Akio Toyoda stated that Toyota's interest in rockets is part of the company's broader efforts to innovate in the Transportation sector. He also mentioned that Toyota hopes to compete with SpaceX, stating, 'Future mobility should not be limited to Earth or a single automobile company.'

In November last year, the Japanese government began announcing recipients of its Strategic Fund, which will distribute 1 trillion yen to various startups, manufacturers, and research Institutions over the next decade. While Japanese companies have been praised for their Satellites and precise instruments used to collect data in near-Earth orbit, the country's geography is far from suitable for establishing a massive network of launch facilities.

Toyota's investment in Interstellar Technologies is the latest sign of progress made by the Japanese government in nurturing domestic private aerospace companies. However, it remains a challenge for fledgling startups to keep pace with the leaders in this fast-paced and competitive field.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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