Co-Founder
Stoke Space
Stoke Space is developing Nova, a fully and rapidly reusable medium-lift launch vehicle designed to lower costs and enable high-frequency access to and from orbit. The vehicle features a full-flow staged-combustion first-stage engine and an actively cooled metallic reentry heat shield on the upper stage, supporting satellite deployment, in-space mobility, and cargo return.
- Space Technology
- Hardware
- Aerospace
Updated yesterday
Funding
Raised to date
$2.3BRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 7 rounds
+31$1B · Series E Tranche
Announced Sep 2026
Disclosed cumulative: $2.2B
7/7
RoundDateAmountValuationInvestors
Founders
Product
Problem
Current launch solutions are expensive and environmentally impactful, hindering the growth of the space economy. Traditional rockets often have limited reusability, leading to high costs per launch and unsustainable operational practices.
Solution
Stoke Space is building Nova, a fully and rapidly reusable medium-lift launch vehicle designed to turn space transportation into infrastructure. By reusing both stages, Nova aims to radically lower cost, compress the time between launches, and provide reliable access to and from any orbit at any time. The company's vertically integrated operations enable rapid design, manufacturing, and testing of rocket engines, structures, and avionics. Nova is intended to support satellite constellation deployment, in-space mobility, dynamic logistics, and the routine return of cargo from space, with a 98% reduction in atmospheric impact compared to traditional rockets.
Target Audience
Primary customers include commercial satellite operators, space logistics companies, and government agencies such as the U.S. Space Force, NASA, and the Department of Defense, which require frequent, affordable, and reliable access to space.
Features
- Fully reusable first and second stages for high-cadence, aircraft-like launch operations
- Full-flow staged-combustion engine (Zenith) for the first stage, one of only two such engines globally to complete a successful hotfire test
- Actively cooled metallic reentry heat shield integrated into the upper stage, enabling full and rapid reuse
- Vertically integrated design, manufacturing, and in-house testing facilities for rapid iteration
- Mission duty cycle testing completed on both Stage 1 and Stage 2 flight-like engine configurations
- Launch Complex 14 at Cape Canaveral Space Force Station allocated for dedicated Nova launches