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DISPATCH 03/26 · 8 Sep 2026
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Company Dossier

Letara

Sapporo-based hybrid rocket propulsion startup spun from Hokkaido University, building satellite thrusters and expanding into Japanese defence and national-security applications.

FILE · letaraOpen-source file · BattlePolicy ProStatus Private (venture-backed); spun out of Hokkaido University researchVerified
Letara
Space / PropulsionJPPrivate (venture-backed); spun out of Hokkaido University research
Sapporo-based hybrid rocket propulsion startup spun from Hokkaido University, building satellite thrusters and expanding into Japanese defence and national-security applications.
Founded
2020
HQ
Sapporo, Hokkaido, Japan
Total raised
JPY 2.6bn (~$16M) disclosedAugust 2026 round
Stage
Venture-backedprivate
Restricted · BattlePolicy Pro

The rest of the Letara file

  • Background — founding, ownership and how the company got to here
  • Financial footing — rounds, valuation, backers and who is exposed
  • Customers & contracts — live join against our Procurement Tracker
  • Leadership — who runs it, and the contact surface
  • Competitive position — who it beats, who beats it, and on what
  • Battlefield relevance — confirmed combat use versus company claim
  • Sources — every citation this file is built on
  • Analyst verdict — where the evidence is thin and what would change our call
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