Japanese Startup Letara Advances Hybrid Rocket Technology with $16M Funding

Japanese startup Letara secures $16M in funding to expand from satellite thrusters to large rocket systems, leveraging hybrid propulsion technology. The company aims to address propulsion challenges in space, defense, and security markets while competing with global aerospace firms.

Japanese space startup Letara is betting its hybrid rocket technology can move beyond small satellite thrusters into a broader market for space, defense and security, after raising ¥2.6 billion ($16 million).

Read original article