Toyota backs Japanese space startup Interstellar to mass-produce rockets

Toyota’s research unit, Woven by Toyota, will invest 7 billion yen ($44.4 million) in Japanese startup Interstellar Technologies (IST) to support rocket production. This move expands Toyota’s space sector involvement, following Akio Toyoda’s comments at CES trade show. IST aims for mass production, with Japan's government pushing to become Asia’s space hub by the 2030s.