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10h agoStoke Space raises $510m to accelerate reusable-rocket development
Reusable-rocket developer Stoke Space closed a $510 million funding round led by US Innovative Technology Fund to accelerate its Nova reusable launch vehicle programme. The financing will be channelled into prototype testing, propulsion development and scaling manufacturing to shorten turnaround times between launches. Stoke says the capital positions it to compete in a market where reusability and rapid cadence are key to lowering launch costs for satellite constellations and national security customers.
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10h agoStoke Space raises $510m to accelerate reusable-rocket development
Reusable-rocket developer Stoke Space closed a $510 million funding round led by US Innovative Technology Fund to accelerate its Nova reusable launch vehicle programme. The financing will be channelled into prototype testing, propulsion development and scaling manufacturing to shorten turnaround times between launches. Stoke says the capital positions it to compete in a market where reusability and rapid cadence are key to lowering launch costs for satellite constellations and national security customers.
Explore:Mutual Fund Screening
positive
Stoke Space raises $510m to accelerate reusable-rocket development
about 10 hours ago
1 min read
72 words
Stoke Space raised $510m to speed development of its reusable Nova launch vehicle and scale manufacturing.
Reusable-rocket developer Stoke Space closed a $510 million funding round led by US Innovative Technology Fund to accelerate its Nova reusable launch vehicle programme. The financing will be channelled into prototype testing, propulsion development and scaling manufacturing to shorten turnaround times between launches. Stoke says the capital positions it to compete in a market where reusability and rapid cadence are key to lowering launch costs for satellite constellations and national security customers.
Reusable-rocket developer Stoke Space closed a $510 million funding round led by US Innovative Technology Fund to accelerate its Nova reusable launch vehicle programme. The financing will be channelled into prototype testing, propulsion development and scaling manufacturing to shorten turnaround times between launches. Stoke says the capital positions it to compete in a market where reusability and rapid cadence are key to lowering launch costs for satellite constellations and national security customers.
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startups
space
startups
space
funding
rockets
aerospace
Nov 2, 2025 • 10:51 IST