Recently, automobile brands have been developing new innovations by collaborating with space technologies. Toyota He also took the first step towards space studies.
In this context, the company is a rocket manufacturer Interstellar Technologies’a 7 million yen ($44.3 million) invested. Investment by Toyota City of the future In other words, the city of the future project carrying out subsidiary Woven by Toyota It took place through.
Following the investment, Woven will provide support in strengthening supply chains and improving corporate governance by appointing a representative to Interstellar’s board of directors. We can see this step by Toyota as part of its increasing interest in space technologies and its plans to go beyond the automotive industry.
The development in question, Toyota President Akio ToyodaIt was announced after ‘s speech at CES 2025.
On the other hand, Interstellar Technologies became the first Japanese company to send a commercially developed rocket into space in 2019. However, the company’s Zero model, which will carry a rocket into orbit, is still under development. Company’s rival Space OneLast month, it made a second attempt with the Kairos rocket aimed at carrying it into orbit, but the launch was unsuccessful.
These developments are part of a plan to turn Japan into Asia’s space hub, under the Japanese government’s strategy to launch 30 rockets a year by the early 2030s and create an 8 trillion yen space industry.
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