Toyoda Gosei Co (JP:7282) has released an update.
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Toyoda Gosei Co., Ltd. has invested in Letara Ltd., a Hokkaido University startup focusing on developing innovative engines for artificial satellites. These engines, which use a unique plastic-based fuel technology, aim to enhance satellite safety and maneuverability while addressing the issue of space debris. Toyoda Gosei’s investment reflects its strategy to diversify and sustain growth by venturing into the burgeoning space industry.
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