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Why Toyota And Honda Are Investing In Space Technologies

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March 2, 2025

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In January, Toyota, through its mobility software subsidiary company “Woven by Toyota”, announced that it was investing $44 million into Japanese rocket maker, Interstellar Technologies. Meanwhile Honda has been developing a proprietary reusable rocket since 2019. Chinese automaker and Tesla competitor Geely Holding Group has invested $326 million to manufacture its own satellites to support its autonomous vehicle buildout. With connected vehicles expected to represent a $742 billion annual revenue opportunity for automakers and suppliers globally by 2030, automakers are seeing access to space as an important investment for the future.

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Produced and edited by: Magdalena Petrova

Animation: Jason Reginato, Christine Kim

Senior Director of Video: Jeniece Pettitt

Editorial Support: Katie Tarasov

Additional Footage: Getty Images, Lockheed Martin

Additional Sources: Via Satellite

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Why Toyota And Honda Are Investing In Space Technologies

Guests & Subjects Covered

In January ToyotaInterstellar Technologies Meanwhile HondaGeely Holding GroupInterstellar TechnologiesChapters Investments ConnectedReality TVTake CNBCsSide Hustle

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