SecurityTechCrunchabout 1 hour ago
Letara raises $16M for hybrid rocket systems
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Letara, a Sapporo-based startup, raised ¥2.6 billion (~$16 million) to expand beyond satellite thrusters into large hybrid rocket systems for space, defense, and security markets. The round was co-led by Headline Asia, JIC Venture Growth Investment, and Incubate Fund. The global hybrid rocket propulsion market is projected to reach $2.6 billion by 2032.
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