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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
client focusb2btechnologyHardwaretechnologyDeep Techbusiness modelManufacturingsectorSpinoutsectorSpace TechsectorSatellitessectorSpacecraft PropulsionsectorCommunication and Connectivity SatellitessectorPropulsion SystemssectorSpace UpstreamsectorHard TechsectorNIF defense security and resiliencesectorNIF freedom of operations and mobility

Valuation & funding

Letara funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Aug 2026 $20M $80M TIEC Incubation · Frontier Communications · Frontier Innovations · Victoria Department of Energy, Environment and Climate Action
EARLY VCEquity / VC Jun 2025 $3M $12M Frontier Innovations
EARLY VCEquity / VC Mar 2025 $5M $20M SMBC Venture Capital · Toyoda Gosei · Japan Science and Technology Agency · All Nippon Airways Trading
DEBTDebt Jul 2024 $1.1M Sumitomo Mitsui Banking
EARLY VCEquity / VC Jul 2024 $1.1M $4.2M Incubate Fund · Toyoda Gosei · SUCCESS · Japan Science and Technology Agency
SEEDEquity / VC Feb 2023 SBI Investment · Uematsu Electric · BIG Impact · NES
SPINOUTOther financing Jun 2020 Hokkaido University
Showing 7 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 39
2025 41
2024 17
2023 10
2022 4
Company filings, research estimates and Dealroom dataOpen the full financial model →

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.

Latest monthly visits670 3-month web change+63.4% 1-year team growth-4.9%
Monthly website visits38 observations · Oct 2022–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Letara compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Letara's talent

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Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

16 investors on Letara's cap table

Sourced from Dealroom's funding and investor records.

Seed 4 investors entered at this stage
SBI Investment
Uematsu Electric
BIG Impact
NES
Series A 10 investors entered at this stage
Incubate Fund
Toyoda Gosei
SUCCESS
Japan Science and Technology Agency
SMBC Venture Capital
All Nippon Airways Trading
Frontier Innovations
TIEC Incubation
Frontier Communications
Victoria Department of Energy, Environment and Climate Action
Series B+ 1 investor entered at this stage
Sumitomo Mitsui Banking
Other known 1 additional known investor
Hokkaido University

Global footprint

Where Letara has talent and traffic

Workforce by country
3 countries with
team presence
🇯🇵 Japan85.7%
🇺🇸 United States3.6%
🇨🇭 Switzerland3.6%
3 countries shown

In the news

Latest news about Letara

Recent press, funding announcements, and product moves mentioning Letara — open to read from the original sources.

See all news

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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