Yokogawa Electric Corp. (6841.T,YKE.F) announced that it has signed agreements with Toyota Motor Corp. (TM,TYT.L,7203.T) for joint research and development activities, including prototype measurement and control equipment for a manned pressurized rover—nicknamed the "Lunar Cruiser" by Toyota—being developed in collaboration with the Japan Aerospace Exploration Agency (JAXA).
This rover will be Japan's first standalone manned space system and is expected to significantly expand lunar surface exploration. It will also feature remote operation capabilities, enabling continuous unmanned exploration.
The agreements cover design and procurement for prototype development, building on conceptual studies by Yokogawa and Toyota for the rover's control platform and battery measurement components. Yokogawa will continue development efforts with Toyota in preparation for a launch planned for 2031 or later. Over time, Yokogawa aims to explore broader applications of the technologies refined through this project.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.