Stoke Space gives us another reason to take it very seriously
Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Learn more Minimize to nav Stoke Space announced a significant capital raise on Wednesday, a total of $510 million as part of Series D funding. The new financing doubles the total capital raised by Stoke Space, founded in 2020, to $990 million. The infusion of money will provide the company with “the runway to complete development” of the Nova rocket and demonstrate its capability through its first flights, said Andy Lapsa, the company’s co-founder and chief executive, in a news release characterizing the new funding. Stoke is working toward a 2026 launch of the medium-lift Nova rocket. The rocket’s innovative design is…
