Japanese automaker Toyota is "exploring rockets," chairman Akio Toyoda announced onstage at CES 2025 on Monday, while hinting at the idea of moving people

Interstellar Technologies, a Japanese rocket developer, is to receive $44.3 million from Toyota Group company Woven. The investment is part of a larger strategic capital and business alliance with Toyota aimed at the “mass production of rockets,” the Hokkaido, Japan-based startup said on Jan. 7.

A Toyota research unit will invest in Japanese startup Interstellar Technologies (IST) to support mass production of its rockets, the world's biggest carmaker group said on Tuesday, expanding its foray into the space sector.

The Toyota Motor Corporation will invest $44.4 million in Japan-based Interstellar Technologies to help the private spaceflight firm develop rockets to launch satellites into Earth's orbit.

Toyota Motor is exploring the development and production of orbital rockets, Chair CEO Akio Toyoda said Monday.

Toyota is providing updates to its ambitious Woven City project, the carmaker’s planned community at the base of Mt. Fuji. Announced at CES 2020, the project aims to have up to 2,000 people coexist with Toyota’s autonomous cars and drones.

A research unit of Toyota is reportedly going to invest in a Japanese startup called Interstellar Technologies (IST) to support the mass production of rockets, the biggest carmaker of the world said on Tuesday.