Stoke Space secures one billion dollars to scale Nova
The funding accelerates development of the Pathfinder and Block 2 variants, expands test facilities, and targets initial orbital flights by 2027 alongside a larger 2029 debut.
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Reusable orbital launch vehicle developer
stokespace.comLast updated
In short: Stoke raised $1 billion, won a $150 million loan, and set its first Nova launch for 2027.
The funding accelerates development of the Pathfinder and Block 2 variants, expands test facilities, and targets initial orbital flights by 2027 alongside a larger 2029 debut.
The capital accelerates Nova rocket development and launch infrastructure, bringing total raised funding to $1.34 billion.
Led by Thomas Tull’s fund alongside Silicon Valley Bank, the financing expands production capacity and prepares the Florida launch site for 2026 operations.
The IDIQ contract allows the company to compete for up to $5.6B using its fully reusable Nova rocket through 2034.
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