Stoke Space

Stoke Space

Develops reusable rockets for environmental data

About

Stoke Space Technologies focuses on developing fully reusable rockets to provide regular access to and from Earth's orbit. Their rockets are designed to operate daily, allowing clients such as research institutions, government agencies like NASA, and private companies to gather essential satellite data. This data helps in understanding and addressing global environmental changes, including monitoring Earth's fresh water and studying human health from space. Unlike many competitors, Stoke emphasizes sustainability and environmental preservation in their operations. The goal is to promote sustainable growth on Earth by leveraging space technology to provide valuable insights into environmental issues.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Aerospace

Total Funding

$170.7M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • Stoke Space's significant funding rounds, including a $100M investment, indicate strong financial backing and growth potential.
  • The company's innovative approach to fully reusable rockets could drastically reduce launch costs, making space access more affordable and frequent.
  • Partnerships with high-profile clients like NASA and the U.S. intelligence community enhance Stoke's credibility and market position.

What critics are saying

  • The technical challenges of developing fully reusable rockets are immense and could lead to delays or failures.
  • The space technology sector is highly competitive, with established players like SpaceX and Rocket Lab posing significant threats.

What makes Stoke Space unique

  • Stoke Space focuses on developing 100% reusable rockets, unlike many competitors who only partially reuse rocket stages.
  • Their emphasis on environmental preservation and sustainable growth sets them apart in the space technology sector.
  • Stoke's business model leverages satellite data to address global environmental changes, providing a unique value proposition beyond just space access.

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Growth & Insights
Headcount

6 month growth

26%

1 year growth

52%

2 year growth

108%

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