Woven by Toyota, a subsidiary of the company, is investing around $44.4 million (7 billion yen) in Japanese space startup Interstellar Technologies as a means of entering into the booming space industry, Interstellar announced this week.

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

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's subsidiary, Woven, is investing heavily in Interstellar Technologies, marking a bold entry into the rapidly advancing space industry.

In a bold move to broaden its horizons, Toyota has announced its plans to build Woven City, a prototype city located at the foot of Mount Fuji. Designed as a living laboratory, Woven City will serve as a testing ground for new technologies,