Stoke Space Secures Massive Funding to Propel Nova Launch Vehicle to New Heights

Stoke Space’s Incredible Journey to Innovation

The aerospace industry is buzzing with excitement as Stoke Space Technologies has announced a monumental \(510 million in funding to accelerate the manufacturing of their cutting-edge Nova launch vehicle. According to Columbia Basin Herald, this latest investment, substantially increasing Stoke’s capital to \)990 million, comes from influential backers including Thomas Tull’s US Innovative Technology Fund and Silicon Valley Bank.

A Quantum Leap in Launch Technology

Stoke’s pioneering efforts in reusable launch systems are set to revolutionize both national security and commercial access to orbit. With facilities stretching from Moses Lake to Cape Canaveral, the new funding ensures the Nova Launch vehicle’s successful development, showcasing a vision of high-frequency and resilient space operations.

Local Talent, Global Impact

Working out of Moses Lake, a center brimming with aerospace history, Stoke Space is tapping into local talent and expertise. Katherine Cruz, Vice President and Operations Director, emphasizes the strategic advantages of their location, alongside partnerships with local institutions like Big Bend Community College and Norco. The facility’s extensive launch and lateral test sites are integral to crafting the lift-off of the Nova vehicle.

Securing National Space Advantage

Earlier this year, Stoke Space celebrated a National Security Space Launch contract, expanding the U.S.’s presence in space. The Nova vehicle aims to meet the burgeoning demand for medium-lift capacity, supporting a variety of missions such as satellite constellations and in-space mobility.

The Path Ahead: Preparing for Launch

Excitement mounts as Stoke Space progresses toward refurbishing Cape Canaveral’s Launch Complex 14, with expectations to activate it by early 2026. This milestone aligns with their core mission to advance space access, bolstered by a robust lineup of contracted commercial launches.

A Bright Future for Nova

“This funding is pivotal,” says Stoke co-founder and CEO Andy Lapsa. “It allows us to refine our vision and brings Nova’s capabilities, specifically tailored for emerging market needs, to fruition.” With an eye on demonstrating their tech, Stoke is poised to leap forward in the competitive arena of aerospace innovation.

Join us in following Stoke Space as they continue breaking boundaries and steering the next chapter of America’s aerospace legacy.