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Overview
Stoke Space Technologies builds 100% reusable rockets to provide daily access to Earth's orbit and offers satellite data services for environmental monitoring. Rockets launch, land, and are reused, while data from missions like SWOT and MAIA are delivered to clients to study freshwater, oceans, aerosols, health, and climate issues. The company distinguishes itself by pairing frequent launch capability with analytics-ready satellite data to reduce costs and expand access for regular, data-driven environmental monitoring. Its goal is to make space access routine and to use space-based data to promote sustainable growth and environmental preservation on Earth.
About Stoke Space
Industries
Data & Analytics
Aerospace
Company Size
201-500
Company Stage
Series D
Total Funding
$1.4B
Headquarters
Seattle, Washington
Founded
2019
Simplify's Take
What believers are saying
- Series D extends to $860M, accelerating Nova production.
- Exclusive Launch Complex 14 activates in 2026.
- U.S. Space Force NSSL contract validates demand.
What critics are saying
- Rocket Lab Neutron captures NSSL contracts in 12 months.
- Blue Origin New Glenn launches Q2 2026, dominates market.
- SpaceX Starship achieves daily flights, obsoletes Nova.
What makes Stoke Space unique
- Nova features fully reusable second stage with metallic heat shield.
- Seven Zenith full-flow engines enable rapid reusability.
- Medium-lift capacity targets 3-7 tons to LEO daily.
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Funding
Total Funding
$1.4B
Above
Industry Average
Funded Over
11 Rounds
Y CombinatorIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Company Match
Paid Vacation
Flexible Work Hours
Company Equity
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↑ 1%2 year growth
↑ 1%Stoke Space Technologies extends previously announced Series D Financing to $860 million.
Stoke Space Technologies has extended its Series D funding round to $860 million, up from the $510 million initially announced in October 2025. The rocket company is developing fully and rapidly reusable medium-lift launch vehicles. The original funding was earmarked for completing Launch Complex 14 at Cape Canaveral Space Force Station and expanding production capacity for its Nova launch vehicle. The additional capital will accelerate future elements of the company's product roadmap. Founded by CEO Andy Lapsa, Stoke has now raised $1.34 billion in total funding. The company is backed by the US Space Force, Defence Innovation Unit, NASA and the National Science Foundation, amongst other government and private partners. Terms of the funding extension were not disclosed.
October 8, 2025 — We’re pleased to announce that as of September 23, we have raised $510 million in Series D funding led by Thomas Tull’s US Innovative Technology Fund (USIT) in conjunction with a $100...
Stoke Space Technologies raised $510 million in Series D funding, led by Thomas Tull's US Innovative Technology Fund, with a $100 million debt facility from Silicon Valley Bank. This brings their total capital to $990 million. The funds will scale manufacturing of their fully reusable Nova launch vehicle and activate Launch Complex 14 at Cape Canaveral by 2026. The U.S. Space Force awarded Stoke a National Security Space Launch contract, highlighting the demand for medium-lift capacity.
US-based rocket maker Stoke Space is reportedly preparing for a new funding round that could bring in as much as $500 million.
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About Stoke Space
Industries
Data & Analytics
Aerospace
Company Size
201-500
Company Stage
Series D
Total Funding
$1.4B
Headquarters
Seattle, Washington
Founded
2019
Stoke Space is Hiring for 42 Jobs on Simplify!
Find jobs on Simplify and start your career today