Toyota Motor (NYSE:TM) has announced plans to venture into orbital rocket development, Chairman Akio Toyoda revealed during the Consumer Electronics Show in Las Vegas. The automaker is investing around $44.4 million into Interstellar Technologies, a Japanese private spaceflight company focused on satellite launch vehicles.
Toyota announced at CES 2025 that its next-generation vehicles will have automated driving capabilities powered by Nvidia's Drive AGX Orin supercomputer and safety-focused operating system, DriveOS.
Japan-based space infrastructure company Interstellar Technologies said on Tuesday that it has reached a strategic capital and business partnership with a Toyota Motor Corp unit.
Toyota Motor is exploring the development and production of orbital rockets, Chairman Akio Toyoda said Monday. The automaker is investing 7 billion Japanese yen ($44.4 million) into Interstellar Technologies, a startup developing orbital launch vehicles.
Japanese automaker Toyota is “exploring rockets,” chairman Akio Toyoda announced on stage at CES 2025 on Monday, while hinting at the idea of moving people through space.
Toyota Motor Chairman Akio Toyoda revealed Monday at CES 2025 his vision for a living laboratory chock full of startups and technology. His message: Woven City — a prototype city on a 175-acre site at the foot of Mount Fuji in Japan — is open for business and searching for inventors.
Japanese automaker Toyota is “exploring rockets,” chairman Akio Toyoda just announced on stage at CES 2025, while hinting at the idea of moving people through space.
Toyota Motor North America reported a 3.7% rise in annual U.S. auto sales on Friday, benefiting from higher demand for its hybrid vehicles.
Investors need to pay close attention to Toyota Motor (TM) stock based on the movements in the options market lately.
Toyota Motor Corporation (TM) closed the most recent trading day at $194.61, moving -0.54% from the previous trading session.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the most recent trading session, Toyota Motor Corporation (TM) closed at $195.66, indicating a -1.93% shift from the previous trading day.