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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Fully reusable orbital launch and in-space logistics provider
stokespace.comLast updated
In short: Stoke Space secured $1 billion to accelerate the development of its fully reusable Nova rocket and expand its launch infrastructure.
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.
He brings deep product leadership experience as Stoke develops Nova, its fully reusable launch vehicle.
The collaboration leverages NASA Ames hypervelocity testing and aerodynamic expertise to mature entry, descent, and landing technologies for Nova’s second stage, enabling routine orbital returns.
The campaign verified 46 structural test objectives and exercised fluid systems, avionics, software, and ground systems.
Stoke Space's private-market valuation has surged to roughly $9 billion, driven by intense investor enthusiasm for the reusable-rocket startup. According to Forge Global data, its...
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Shares have gained 22% since the first tranche was unlocked Thursday; a second release is set for Aug 20. Stoke Space is raising $1B to challenge SpaceX with a reusable rocket.
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