Toyota Motor invests in Japanese aerospace company Interstellar Technologies

Toyota Motor Corporation recently invested 7 billion yen (about 44 million U.S. dollars) in Interstellar Technologies, a Japanese aerospace company, through its subsidiary Woven by Toyota, and successfully obtained a seat on the company's executive board. Interstellar Technologies is a company focused on the commercial aviation field and is committed to mass production of light rockets. This investment marks Toyota's official entry into the space field and further demonstrates its innovative attempts in the field of transportation. Toyota's layout of the rocket business is part of the company's innovative attempts in the field of transportation. Future mobility should not be limited to automobiles, nor should only one automobile company layout the aerospace business.