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Letara - About the company

Letara is a seed company based in Sapporo (Japan), founded in 2020 by Harunori Nagata, Shota Hirai and Landon Kamps. It operates as a Manufacturer of hybrid propulsion systems for small satellites and spacecraft. Letara has raised $15.8M in funding from investors like Hokkaido Venture Capital, SBI Investment and Toyoda Gosei. The company has 65 active competitors, including 14 funded and 9 that have exited. Its top competitors include companies like Agnikul, ispace and Impulse Space.

Company Details

Manufacturer of hybrid propulsion systems for small satellites and spacecraft. These propulsion units utilize plastic as fuel to provide thrust for orbital maneuvering and transportation. The systems are designed to be modular to accommodate various sizes of spacecraft. The technology incorporates ignition and thrust control mechanisms to enable operation in space environments.
Social
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Email ID
*****@letara.space
Key Metrics
Founded Year
2020
Location
Sapporo, Japan
Stage
Seed
Total Funding
$15.8M in 7 rounds
Latest Funding Round
Ranked
Employee Count
40 as on Mar 31, 2026
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Letara's funding and investors

Letara has raised a total funding of $15.8M over 7 rounds. Its first funding round was on Feb 28, 2023. Its latest funding round was a Seed round on Jun 06, 2025 for $*****. 1 investor participated in its latest round. Letara has 16 institutional investors.

Here is the list of recent funding rounds of Letara:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 06, 2025
7098368
Seed
7775658
8263883
2087857
8649328
Mar 12, 2025
9693088
Seed
4617585
9717626
3869162
Dec 13, 2024
4842114
Seed
3272778
7184476
2463941
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Letara's founders and board of directors

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The founders of Letara are Harunori Nagata, Shota Hirai and Landon Kamps. Landon Kamps and Shota Hirai are the CEOs of Letara.
Here are the details of Letara's key team members:

Letara's employee count trend

Letara has 40 employees as of Mar 26. Here is Letara's employee count trend over the years:
Employee count trend for Letara
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Letara's Competitors and alternates

Top competitors of Letara include Agnikul, ispace and Impulse Space. Here is the list of Top 10 competitors of Letara, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Agnikul
Agnikul
2017, Chennai (India), Series C
Manufacturer of orbital launch vehicles for micro and nano satellites
$75.5M
67/100
2nd
Logo for ispace
ispace
2010, Chuo City (Japan), Public
Developer of micro-robots that locate the resources necessary to extend human life into outer space
$385M
66/100
3rd
Logo for Impulse Space
Impulse Space
2021, Redondo Beach (United States), Series D
Provider of affordable in-space payload delivery services
$1.02B
60/100
4th
Logo for Gravitics
Gravitics
2021, Seattle (United States), Seed
Developer of platforms providing real estate, logistics, and power in space
$20M
59/100
5th
Logo for ATMOS Space Cargo
ATMOS Space Cargo
2021, Rheinmunster (Germany), Series A
Provider of space return services for research and manufacturing purposes
$48.2M
58/100
6th
Logo for Inversion Space
Inversion Space
2021, Los Angeles (United States), Series A
Developer of autonomous reentry vehicles delivering payloads to ground surface
$54.1M
57/100
7th
Logo for Karman Space & Defense
Karman Space & Defense
2022, Huntington Beach (United States), Public
Provider of concept-to-production solutions for mission-critical systems on spacecraft, launch vehicles, missiles, and hypersonics
-
55/100
8th
Logo for Catalyx space
Catalyx space
2024, San Francisco (United States), Seed
Provider of autonomous space labs and reusable capsules for in-orbit services
$7.22M
54/100
9th
Logo for AstroX
AstroX
2022, Minamisoma (Japan), Series A
Manufacturer of small satellite launch vehicles and orbital transport systems
$17.7M
54/100
10th
Logo for Lodestar
Lodestar
2023, London (United Kingdom), Seed
Developer of advanced technologies for space operations
$2.5M
53/100
13th
Logo for Letara
Letara
2020, Sapporo (Japan), Seed
Manufacturer of hybrid propulsion systems for small satellites and spacecraft
$15.8M
43/100
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Letara's Investments and acquisitions

Letara has made no investments or acquisitions yet.

Reports related to Letara

Here is the latest report on Letara's sector:

News related to Letara

Media has covered Letara for 1 event in last 1 year.
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FAQs about Letara

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