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Toyota invests $44.3 million in Japanese startup to mass-produce rockets | The move is a reflection of the company's ambitious vision of mobility
Toyota's chairman Akio Toyoda made the announcement at CES 2025 when he introduced the concept of "invention by kakezan" or "invention by multiplication," referring to the potential...
"The future of mobility shouldn't be limited to just Earth or just one car company," he added, in what appeared to be a subtle reference to Tesla and its CEO Elon Musk's involvement with SpaceX. The collaboration seeks to leverage Toyota's automotive expertise, particularly its production methods, to transform rocket manufacturing into a high-quality, cost-effective, and scalable process. Japan's geography also poses challenges for building extensive launch facilities, as evidenced by recent setbacks in the country's commercial space efforts.
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