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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
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Simplify's Take
What believers are saying
- Stoke raised $860 million in February 2026, totaling $1.34 billion.
- NASA selected Stoke in July 2026 for upper-stage re-entry partnership work.
- The Space Force kept Stoke in NSSL Phase 3 Lane 1 through 2029.
What critics are saying
- Nova still lacks an orbital flight, and first-launch failure in 2026 destroys credibility.
- SpaceX, Blue Origin, ULA, Rocket Lab, and Relativity crowd Stoke’s launch market.
- Execution slips on Stage 2 qualification or LC-14 readiness burn cash before revenue.
What makes Stoke Space unique
- Stoke Space is the only U.S. startup pursuing full two-stage orbital reuse.
- Nova’s metallic reusable upper stage targets downmass, reentry, and rapid refurbishment.
- Launch Complex 14 gives Stoke a dedicated Cape Canaveral pad by 2026.
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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
↑ 0%1 year growth
↓ -2%2 year growth
↓ -1%Stoke Space has appointed Kevin Weil to its board of directors. Weil brings over 20 years of technology leadership experience from roles at OpenAI, Planet Labs, Facebook, Instagram, and Twitter. Most recently, he served as vice president of science at OpenAI, focusing on applying AI to scientific discovery. Stoke Space is developing Nova, a fully reusable medium-lift launch vehicle. The company aims to provide low-cost, on-demand space transport with aircraft-like frequency. Weil was part of management teams that took Twitter and Planet public and helped scale Instagram and ChatGPT into global platforms. Stoke's technology development has been funded by the US Space Force, DIU, NASA, and the National Science Foundation. Weil holds degrees in physics and mathematics from Harvard and Stanford.
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.
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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 52 Jobs on Simplify!
Find jobs on Simplify and start your career today