spacetoday.net: Stoke Space raises $260 million

Stoke Space raises $260 million

Posted: Sun, Jan 19, 2025, 10:15 AM ET (1515 GMT)
Stoke Space has raised $260 million to continue development of its own reusable launch vehicle. The company announced the Series C round Wednesday involving a range of new and returning investors. The company is working on Nova, a medium-class rocket whose first and second stages are designed to be reused. The company says the funding will allow it to complete development of Nova and its launch site at Cape Canaveral, but the company has not disclosed a schedule for its first launch.

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