Stoke Space Secures $260 Million to Advance Fully Reusable Rocket Development

The funding will accelerate the Nova rocket's development and the construction of a historic launch site at Cape Canaveral.

Stoke Space raised $260 million in Series C funding, bringing its total funding to $480 million.
The investment will support the development of Nova, a fully reusable medium-lift rocket designed for low-cost, on-demand space transportation.
Funds will also go toward completing construction at Launch Complex 14 in Cape Canaveral, the historic site of John Glenn’s 1962 orbital flight.
The company recently achieved a major milestone with the successful test of its first-stage Zenith rocket engine, using a highly efficient full-flow staged combustion design.
Stoke Space aims to revolutionize space access by solving the challenge of reusing a rocket's upper stage, positioning itself alongside SpaceX as a leader in reusable launch technology.