Space and Space Technologies
Japanese Space Company Letara Raises $16 Million to Expand Propulsion Systems into Defense
Japanese startup Letara has raised 2.6 billion yen, approximately $16 million, to expand its hybrid rocket technology from small-satellite thrusters to larger systems targeting the space, defense, and security sectors. The company is preparing for an in-orbit operational test with a foreign partner before moving to scalable commercial production.
2026-08-21