# Letara Ltd.

**Source:** https://www.startuphub.ai/startups/letara
**Profile type:** Startup

> Japanese space tech startup developing hybrid rocket propulsion systems for satellite, launch, defense, and security applications.

## About

Letara is a Japanese space technology startup that develops hybrid rocket propulsion systems. Spun off from Hokkaido University, the company's technology uses plastic-based fuel and a liquid oxidizer, offering a safer, more affordable, and scalable alternative to traditional rocket engines. Letara initially focused on small satellite thrusters but is expanding to larger rocket systems for the space, defense, and security sectors.

## Key facts

- **Slug:** letara
- **Website:** https://www.letara.space/
- **Location:** Sapporo, Japan
- **Founded:** 2020-06-23
- **Employees:** 40
- **Operating status:** Active
- **Total funding:** $16M
- **Sectors / tags:** Aerospace, Defense, Space Technology, Propulsion Systems, SpaceTech, Hybrid Rocket Propulsion, Satellite Propulsion, Rocket Engine, Defense Tech, Aerospace and Defense, In-Space Manufacturing, Advanced Manufacturing
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/letara
  - Facebook: https://www.facebook.com/letara.space

## Frequently asked

### What does Letara Ltd. do?

Letara is a Japanese space technology startup that develops hybrid rocket propulsion systems. Spun off from Hokkaido University, the company's technology uses plastic-based fuel and a liquid oxidizer, offering a safer, more affordable, and scalable alternative to traditional rocket engines. Letara initially focused on small satellite thrusters but is expanding to larger rocket systems for the space, defense, and security sectors.

### Is Letara Ltd. trustworthy and reputable?

StartupHub's Data Trust & Reputation score for Letara Ltd. is 20 out of 100, based on site security posture and privacy practices.

### What is Letara Ltd.'s revenue?

StartupHub estimates Letara Ltd.'s annual revenue at $19.6M (range $10.8M to $31.8M, 71% confidence), based on comparable companies in the sector.

### What is Letara Ltd.'s valuation?

StartupHub estimates Letara Ltd.'s effective valuation at $62.4M (range $40.0M to $96.0M, 24% confidence), based on comparable companies in the sector.

### How much funding has Letara Ltd. raised?

Letara Ltd. has raised a total of $16M in funding. The most recent round on record is Series A.

### Where is Letara Ltd. headquartered?

Letara Ltd. is headquartered in Sapporo, Japan.

### When was Letara Ltd. founded?

Letara Ltd. was founded in 2020.

### What industry does Letara Ltd. operate in?

Letara Ltd. operates in Aerospace, Defense, Space Technology, Propulsion Systems, SpaceTech, Hybrid Rocket Propulsion.

### How many employees does Letara Ltd. have?

Letara Ltd. has approximately 40 people on record.

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