Japanese space startup Letara is betting its hybrid rocket technology can move beyond small satellite thrusters into a broader market for space, defense and security, after raising ¥2.6 billion ($16 million).
SpaceX’s filing claims these satellites will be “a first step towards becoming a Kardashev II-level civilization — one that can harness the Sun’s full power.”
If co-founder Lachy Groom has any doubts, he doesn’t show it. He’s working with people who’ve been working on this problem for decades and who believe the timing is finally right, which is all he needs to know.