Stoke Raises $510 Million to Scale Manufacturing of Fully reusable Nova Launch vehicle
Stoke has successfully raised $510 million in Series D funding as of September 23, 2025, to enhance the manufacturing capabilities of its fully reusable Nova launch vehicle. The funding round was led by Thomas Tull’s US Innovative Technology Fund (USIT), with additional contributions from various investors, marking a significant milestone in Stoke's growth trajectory in the launch vehicle sector.
Stoke Space selected for the U.S. Space Force’s $5.6B NSSL program
Stoke Space has been selected by the U.S. Space Force for its National Security Space Launch (NSSL) Phase 3 Lane 1 program. This initiative aims to enhance the Space Force's capabilities in delivering national security payloads. The contract is valued at $5.6B, marking a significant step for Stoke Space in the competitive launch services market.
Stoke Space Announces $260 Million in New Investment
Stoke Space announced a significant funding milestone, raising $260 million in a Series C investment round aimed at advancing its development of 100% reusable medium-lift rockets. This capital infusion will support ongoing growth and innovation initiatives within the company, reinforcing its position in the competitive launch vehicle market as it seeks to revolutionize space access.
Stoke Space Completes First Successful Hotfire Test of Full-Flow, Staged-Combustion Engine
Stoke Space has successfully completed its first hotfire test of the new full-flow, staged-combustion (FFSC) rocket engine, which will power the first stage of Nova, its fully reusable medium lift launch vehicle. This technical milestone marks a significant advancement for Stoke, positioning the company to deliver the most robust and rapidly reusable medium lift rocket globally.
Stoke Space Names Retired U.S. Space Force Lt. Gen. John E. Shaw to Board of Directors, Paul Croci as Chief Financial Officer
Stoke Space has appointed retired U.S. Space Force Lt. Gen. John E. Shaw to its Board of Directors, enhancing its leadership team. Additionally, Paul Croci has been named Chief Financial Officer, bringing financial expertise to the company. These appointments aim to strengthen Stoke Space's mission of developing 100% reusable rockets for future space endeavors.
Stoke Space Announces $100 Million in New Investment
Stoke Space announced a significant milestone on October 5, 2023, securing $100 million in new Series B investment. This funding will be pivotal in advancing the development of the world’s most efficient fully and rapidly reusable rocket, enhancing their capabilities and fostering innovation within the aerospace sector. The investment aims to accelerate growth and technological advancements.
Update on Hopper2: The Hopper Has Landed
Stoke Space successfully conducted a vertical takeoff and vertical landing (VTVL) developmental test flight of its Hopper2 reusable second stage rocket on September 17, 2023, at its test site in Moses Lake, Washington. This milestone demonstrates the company's commitment to developing 100% reusable rockets, advancing the future of sustainable space transportation and reducing launch costs significantly.
Stoke Space’s Next Development Test Series: Hopper2
Stoke Space has shipped its reusable second stage prototype, Hopper2, to the test site in Moses Lake, Washington. This unit will undergo a series of development tests over the next few weeks. The company aims to advance its technology for fully reusable rockets, enhancing capabilities for future launch missions and reducing costs associated with space access.
Stoke Space has been allocated historic Launch Complex 14 at Cape Canaveral
Stoke Space has been allocated historic Launch Complex 14 at Cape Canaveral, the site of John Glenn's first orbital flight. This significant milestone marks a pivotal moment for Stoke Space, which focuses on developing 100% reusable rockets. The allocation of this launch site underscores the company's commitment to advancing space operations and enhancing launch capabilities in the aerospace sector.