Sapporo Startup Letara Secures 16 Million Dollars to Scale Hybrid Rocket Systems

By Kate Park · TechCrunch · 2026-08-22

TechCrunch reports that Hokkaido University spinoff Letara has raised approximately $16 million to pivot from small satellite thrusters toward larger rocket engines. The Japanese startup utilizes a proprietary manufacturing method to turn common materials like rubber and plastic

TechCrunch reports that Hokkaido University spinoff Letara has raised approximately $16 million to pivot from small satellite thrusters toward larger rocket engines. The Japanese startup utilizes a proprietary manufacturing method to turn common materials like rubber and plastic