With another huge infusion of cash, Stoke Space goes even bigger
Summary
Stoke Space announced a $1 billion Series E funding round, bringing total capital raised to $2.3 billion as it pushes toward its debut orbital launch. The funds will accelerate development of a larger Nova rocket family, including a Block 2 version capable of lifting 15 metric tons to low Earth orbit in a fully reusable configuration. The company outlined Pathfinder as the initial smaller variant with a target early 2027 launch, and Block 2 planned for 2029, positioning Stoke within a crowded competitive landscape of SpaceX, Blue Origin, Relativity Space, and Rocket Lab amid rising demand for launches.