Stoke Space, founded in 2020, is an American space launch company that is based in Kent, Washington. It is a launch provider focused on developing fully and rapidly reusable rockets, specifically the Nova launch vehicle, designed for low-cost, on-demand access to space. Stoke Space has received funding from NASA, the National Science Foundation, and the U.S. Space Force, and is constructing a launch complex at Cape Canaveral Space Force Station. Key partners and customers include the U.S. Space Force. Associated keywords: reusable rockets, space launch, Nova, Zenith engine, Andromeda engine, space mobility, space logistics.
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Stoke Space raised an additional $350 million in its Series D fundraising.
Stoke Space, a Washington-based launch company, closed a $350 million extension to its Series D funding round.
Stoke Space closed a $350 million extension funding round in addition to a $510 million Series D it raised in October.
Stoke Space intends to develop Nova’s reusability through multiple demonstration flights following a crawl-walk-run approach.
Stoke Space is investing $510 million betting that partial reusability is a dead end.
Late-stage winners such as Firefly and Stoke Space attract large funding rounds to scale operations.
US Innovation Technology Fund is a previous backer of Stoke Space and focuses investment on technologies tied to national defense.
Nova was designed by Stoke Space to be reusable.
Stoke Space’s inaugural Nova mission is targeting a trajectory beyond orbit to demonstrate high-energy performance.
Devon Papandrew of Stoke Space attributes SpaceX’s flight-rate constraint to production of the upper stage.
Devon Papandrew is Vice President of Business Development at Stoke Space.
Stoke Space’s total funding reached $1.34 billion after the $350 million extension round.
Stoke Space is aiming to fly its Nova rocket on an inaugural mission in 2026.
Stoke Space had enough capital at the end of last year to fund the first few flights of its Nova rocket.
Stoke Space’s planned reusability flight profile includes reentry, relighting engines, targeting a position in the ocean, and hovering before recovery operations.
Stoke Space had enough capital at the end of last year to fund the first few flights of its Nova rocket.
Stoke Space added $350 million to its Series D fundraising.
In March 2024, Stoke Space Technologies and Rocket Lab USA became eligible to receive Phase 3, Lane 1 task orders under the $5.6 billion umbrella contract.
This year, multiple U.S. firms like Apex Space, Stoke Space Technologies, and EnduroSat received several nine-figure fundings.
Andy Lapsa, CEO of Stoke Space, expressed excitement about Isaacman's renomination during the Economist Space Summit.