Letara Ltd., developing hybrid propulsion systems, has raised a total of funding of 1.13 billion JPY in its seed round
Letara Ltd., a startup specializing in the development and manufacturing of spacecraft propulsion systems using plastic as fuel, has secured an additional 650 million JPY in funding. Led by Co-CEOs Shota Hirai and Landon Kamps. Including grants and other funding sources, Letara has raised a cumulative 1.8 billion JPY. The new funding will support further development and accelerate preparations for an in-orbit demonstration.
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