According to Bloomberg, on January 7, Japan Space Space Corporation, Interstellar Technologies, announced that Japanese automakers Toyota Motor Toyota Motor Corporation invested 7 billion yen (about 44 million US dollars) to it through its subsidiary Woven by Toyota, and Toyota Motor Company It will get a seat of the Interstellar executive board.
It is reported that the goal of Interstellar is to produce light rockets on a large scale, and it is hoped that one day, it will share a share in the increasing commercial space market. This investment not only marked Toyota Motor’s official entry into the space sector, but also the latest progress in the Japanese government in cultivating its own private aerospace field. However, for startups with wings, it is still a challenge to keep up with the pace of fast -paced and competitive areas.
The Japanese government’s goal is to launch 30 rockets every year in the early 1930s, making Japan a space center in Asia, a space industry with 8 trillion yen, and providing subsidies to start -ups such as Interstellar and Space One.
Interstellar pointed out in a statement that Japan only launched three rockets in 2023, and there is still a lot of room for the above goals. In order to achieve this goal, Japan needs to “structurally transform the domestic space industry.” The company said that its goal is to “use the professional knowledge of the automotive industry, including Toyota’s production methods to transform rocket manufacturing into high -quality, low -cost and scalable processes.”
On January 6, Akio Toyoda, Chairman of Toyota Motor Company, said at the 2025 International Consumer Electronics Exhibition (CES) and said that Toyota Motor’s layout of the Rocket business is part of the company’s innovation in the transportation field. Try to try to compete with SpaceX in the future. “In the future, mobile travel should not be limited to cars, but not only one car company is laying a space business.”
Woven By Toyota CEO Hajime Kumabe said, “This is another way to expand land, sea and air travel, and Interstellar’s rocket manufacturing work will benefit from our craftsmanship.”
In 2019, Intellar, headquartered in Hokkaido, became the first Japanese company to send commercialized rockets to space, but its Zero Rockets are still under development. Last month, Intertellar’s competitors, Japan’s commercial aerospace company Space One, tried to launch Kairos No. 2 rocket for the second time, but failed.