Stoke Space Raised $510 Million to Develop Nova Reusable Rocket

October 8, 2025 by Brian Wang

September 23, 2025, Stoke Space raised $510 million in Series D funding led by Thomas Tull’s US Innovative Technology Fund (USIT) in conjunction with a $100 million debt facility led by Silicon Valley Bank. This new financing, which more than doubles our total capital raised to $990 million, will accelerate product development and expansion. Washington …

Stoke Space Follows SpaceX Fast Steel Prototyping for Reusable Rockets

February 4, 2024 by Brian Wang

Stoke Space is following the SpaceX path of fast steel prototypes for fully reusable rockets. The will have a steel heat shield and a ring of engines around the base of a second stage. As of October 5, 2023, Stoke Space has a total funding of $175 million, including a $100 million Series B investment. …