Japanese space startup Letara has raised ¥2.6 billion (approximately $16 million) to expand its hybrid rocket technology beyond small satellite thrusters. The company aims to enter a broader market that includes applications in space, defense, and security.
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Letara raises $16 million to expand hybrid rocket technology
Letara, a Japanese space startup, has secured $16 million in funding to expand its hybrid rocket technology. The company plans to move beyond small satellite thrusters and target a wider market that encompasses space, defense, and security applications.
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Original Headline
Japanese space tech startup Letara expands beyond satellite thrusters with $16M
Neutral Headline
Letara raises $16 million to expand hybrid rocket technology