Stoke Space

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Stoke Space Announces $260 Million in New Investment

đź“… Date:

🏢 Organizations: Stoke Space, Breakthrough Energy Ventures, Leitmotif


Stoke Space has raised $260 million in Series C funding to drive growth and innovation in its reusable rocket technology. The funding round, led by existing and new investors, brings the company’s total funding to $480 million. Stoke is developing the world’s first 100% reusable medium-lift rocket, with a focus on ultra-low-cost on-demand space transportation. The company has made significant progress in developing its Zenith engine and has pioneered an actively cooled metallic reentry heat shield. With this new funding, Stoke plans to complete construction at Launch Complex 14 and finalize the development of its Nova launch vehicle. The company aims to make space transportation more accessible and frequent, with the potential to open up new business opportunities in the space economy.

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