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Stoke Space raises $1 billion to scale its fully reusable Nova rocket

Stoke Space has completed the initial closing of a roughly $1 billion Series E round as it prepares for the first launch of its fully reusable Nova vehicle. The funding will also support a larger version designed to carry heavier payloads and replenish satellite constellations.

Discovered 2026-09-08T02:05:43.876322-07:00 | 2026-09-08T02:05:43.876322-07:00

Briefing

What Hype is tracking

The funding gives Stoke substantial capital to advance Nova toward its first flight while simultaneously developing a higher-capacity reusable variant.
Stoke’s focus on fully reusable launch vehicles reflects growing competition for satellite deployment and constellation replenishment services.
No directly relevant previous clusters were provided for additional context.

Reported By

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