Toyota backs Japanese space startup Interstellar to mass-produce rockets
A Toyota research unit will invest in Japanese startup Interstellar Technologies (IST) to support mass production of its rockets, the world's biggest carmaker group said on Tuesday, expanding its foray into the space sector.
Toyota Enters the Space Game With $44 Million Rocket Investment
Woven by Toyota, a subsidiary of the company, is investing around $44.4 million (7 billion yen) in Japanese space startup Interstellar Technologies as a means of entering into the booming space industry, Interstellar announced this week.
Monday’s Toyota CES press conference was all about Woven City, the carmaker’s planned community at the base of Mt. Fuji.
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Toyota completes phase 1 of ‘living lab’ Woven City, invests in Japanese space companyToyota’s futuristic city, designed for up to 2,000 residents, reached its first milestone with sustainable innovations like ...
The Japanese automaker giant has labelled the city as a “test course for mobility” and plans to launch Phase 1 for late 2025.
The futuristic community will be located at the base of Mt. Fuji and will aim to have move residents in by this fall.
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