Stoke Space Raises $510M Series D and $100M Debt to Accelerate Reusable Nova Rocket Development

Stoke Space Technologies raised $510 million in a Series D funding round led by Thomas Tull's US Innovative Technology Fund, alongside a $100 million debt facility, to accelerate development of its fully reusable Nova rocket. The company aims to complete development and demonstrate the rocket's first flight by next year, targeting reusability of both rocket stages to reduce launch costs.

TTom Feldman AAndy Lapsa SStoke Space