Stoke Space’s $510M round shows the future of launch belongs to defense
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Stoke Space’s $510M round shows the future of launch belongs to defense

Stoke Space announced a massive capital raise on Wednesday that might seem, at first glance, like just another bet on the commercial launch market. The details tell a different story. Led by billionaire Thomas Tull’s U.S. Innovative Technology, a fund that explicitly invests in technologies tied to national security, the $510 million Series D round...

Stoke Space gives us another reason to take it very seriously
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Stoke Space gives us another reason to take it very seriously

Stoke Space announced a significant capital raise on Wednesday, a total of $510 million as part of Series D funding. The new financing doubles the total capital raised by Stoke Space, founded in 2020, to $990 million. The infusion of money will provide the company with “the runway to complete development” of the Nova rocket...