Japanese space tech startup Letara expands beyond satellite thrusters with $16M
Japanese startup Letara secured ¥2.6 billion ($16 million) to expand from hybrid thrusters for small satellites to large rocket systems for space and defense. Co-CEO Shota Hirai emphasized plans to explore diverse applications for their hybrid rocket technology, which uses affordable materials for improved performance. This funding marks a significant step in commercializing their years of research.