Stoke Space Announces $100 Million in New Investment
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Thursday, October 5, 2023
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DALLAS, Oct. 5, 2023 /PRNewswire/ -- Stoke Space, the rocket company building the world's most efficient fully and rapidly reusable rocket, announced today $100 million in new Series B investment to drive continued growth and innovation. This investment more than doubles the company's total funding, which now sits at $175 million. The company also announced the official name of its first rocket: Nova.
Key Points:
- Investment to Fund Further Development of its Fully Reusable Rocket and New Construction at Launch Complex 14 at Cape Canaveral Space Force Station, Fla.
DALLAS, Oct. 5, 2023 /PRNewswire/ -- Stoke Space, the rocket company building the world's most efficient fully and rapidly reusable rocket, announced today $100 million in new Series B investment to drive continued growth and innovation. - This investment more than doubles the company's total funding, which now sits at $175 million.
- "This new round of funding is a huge vote of confidence in our team," said Andy Lapsa, CEO and Co-Founder, Stoke Space.
- Stoke has been granted dedicated use of Launch Complex 14 by the US Space Force for its orbital flights.