Rocket startup Stoke Space raises an additional $350 million in private investment capital
Stoke’s Nova rocket, designed to be
completely reusable.
The rocket startup Stoke Space yesterday announced that its most recent fund-raising round has raised an additional $350 million in private investment capital above the original target of $510 million.
Stoke Space Technologies, the rocket company developing fully and rapidly reusable medium-lift launch vehicles, announced today an extension of its previous Series D financing, bringing the total amount raised in the round to $860 million. The round was initially announced in October 2025 at $510 million. That funding focused on completing activation of Launch Complex 14 at Cape Canaveral Space Force Station, Fla., and expanding production capacity for the Nova launch vehicle. Stoke will use the additional capital to accelerate future elements of its product roadmap.
In total the company has now raises $1.34 billion. Though it has been moving steadily towards the first test launch of its totally reusable Nova rocket, it has so far refused to announce any launch dates. Based on all accounts, it appears that launch could occur before the end of this year, but nothing is confirmed.
Stoke’s ability to raise so much capital contrasts sharply with the failure of the British rocket startup Orbex, as noted in my previous post. Investors know that when Stoke is ready to launch from Florida, it will be able to do so, and so they have confidence in the company. With Orbex no one was willing to invest because the investors recognized that red tape was handicapping the company.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Stoke’s Nova rocket, designed to be
completely reusable.
The rocket startup Stoke Space yesterday announced that its most recent fund-raising round has raised an additional $350 million in private investment capital above the original target of $510 million.
Stoke Space Technologies, the rocket company developing fully and rapidly reusable medium-lift launch vehicles, announced today an extension of its previous Series D financing, bringing the total amount raised in the round to $860 million. The round was initially announced in October 2025 at $510 million. That funding focused on completing activation of Launch Complex 14 at Cape Canaveral Space Force Station, Fla., and expanding production capacity for the Nova launch vehicle. Stoke will use the additional capital to accelerate future elements of its product roadmap.
In total the company has now raises $1.34 billion. Though it has been moving steadily towards the first test launch of its totally reusable Nova rocket, it has so far refused to announce any launch dates. Based on all accounts, it appears that launch could occur before the end of this year, but nothing is confirmed.
Stoke’s ability to raise so much capital contrasts sharply with the failure of the British rocket startup Orbex, as noted in my previous post. Investors know that when Stoke is ready to launch from Florida, it will be able to do so, and so they have confidence in the company. With Orbex no one was willing to invest because the investors recognized that red tape was handicapping the company.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News