With another huge infusion of cash, Stoke Space goes even bigger
Stoke Space has raised $1 billion in Series E funding to accelerate the development of its larger 'Block 2' Nova rocket. The company aims to achieve full reusability for its launch vehicles to increase efficiency in the space economy.
Why it matters
Increased private investment in reusable rocket technology is a key driver for reducing the cost of access to space.
A super nova? With another huge infusion of cash, Stoke Space goes even bigger The space economy will grow exactly as fast as we can launch rockets.
13 An up-close view of the Nova rocket's stage two. Credit: Stoke Space An up-close view of the Nova rocket's stage two. Credit: Stoke Space Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Learn more Minimize to nav Stoke Space announced Tuesday that it has raised another significant round of funding, $1 billion, as it makes a final push toward its debut launch next year. The Washington-based launch company also revealed plans for a larger medium-lift vehicle.
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