L
Letara
Space · Sapporo, Japan · Founded 2020
Propulsion systems for small satellites to advance space propulsion and support future human economic activities in deep space MoreLess
Letara is a pioneering Japanese Deep Tech startup revolutionizing satellite mobility through high-safety hybrid chemical propulsion. Spun off from Hokkaido University in 2020 by Co-CEOs Shota Hirai and Landon Kamps, the company utilizes solid plastic fuel combined with liquid oxidizers to deliver high thrust without the volatility of traditional rocket fuels. Their proprietary CAMUI (Cascaded Multistage Impinging-jet) technology ensures stable combustion and repeatable restarts, which is critical for complex orbital maneuvers. By May 2026, Letara has transitioned into its In-Orbit Demonstration (IOD) phase, backed by a major ¥1 billion NEDO grant. Through strategic partnerships with entities like Innovative Space Carrier (ISC), Letara is scaling its modular propulsion units to support everything from CubeSats to large-scale launch vehicles. As a key enabler for NIF Freedom of Operations and Mobility and NIF Security of Critical Technologies, Letara provides a safe, cost-effective, and "plug-and-play" propulsion solution that grants satellites the agility needed for debris avoidance and mission longevity.
Keywords: chemical propulsion, small satellites, hydrocarbon fuels, hybrid propulsion, aerospace, cost-efficiency, safety, thrust, R&D, optimization software.
Company overview
Letara company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- Sapporo, Japan
- Employees
- 39
- Open positions
- None listed
- Dealroom signal
- 74.8
Valuation & funding
Letara funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Aug 2026 | $20M | $80M | TIEC Incubation · Frontier Communications · Frontier Innovations · Victoria Department of Energy, Environment and Climate Action | ↗ |
| EARLY VC✓Equity / VC | Jun 2025 | $3M | $12M | Frontier Innovations | ↗ |
| EARLY VC✓Equity / VC | Mar 2025 | $5M | $20M | SMBC Venture Capital · Toyoda Gosei · Japan Science and Technology Agency · All Nippon Airways Trading | ↗ |
| DEBT✓Debt | Jul 2024 | $1.1M | — | Sumitomo Mitsui Banking | ↗ |
| EARLY VC✓Equity / VC | Jul 2024 | $1.1M | $4.2M | Incubate Fund · Toyoda Gosei · SUCCESS · Japan Science and Technology Agency | ↗ |
| SEED✓Equity / VC | Feb 2023 | SBI Investment · Uematsu Electric · BIG Impact · NES | ↗ | ||
| SPINOUT✓Other financing | Jun 2020 | Hokkaido University | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 39 |
| 2025 | 41 |
| 2024 | 17 |
| 2023 | 10 |
| 2022 | 4 |
Growth signals
Letara website traffic
Latest recorded traffic for Letara is 670 monthly website visits, up 63.4% over the last three months. Letara's team declined 4.9% over the past year.
Comparisons
Letara compared with similar companies
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Talent graph
Letara's talent
Source: Dealroom Talent Intelligence.
Investors
16 investors on Letara's cap table
Sourced from Dealroom's funding and investor records.














Global footprint
Where Letara has talent and traffic
team presence
In the news
Latest news about Letara
Recent press, funding announcements, and product moves mentioning Letara — open to read from the original sources.
Market sentiment
What the market is saying about Letara
An AI-synthesized read of the highest-engagement posts about Letara on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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