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Marubeni Invests in Rocket Startup

Marubeni Invests in Rocket Startup

   Tokyo, Nov. 11 (Jiji Press)--Major Japanese trading house Marubeni Corp. <8002> said Monday it has invested several hundred millions of yen in Interstellar Technologies Inc., a startup developing small rockets.
   Marubeni became a major shareholder of Interstellar, based in the town of Taiki, Hokkaido, northernmost Japan, on Nov. 1. The size of equity stake Marubeni acquired was not disclosed.

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AFP-JIJI PRESS NEWS JOURNAL


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