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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 E
Total Funding
$2.4B
Headquarters
Seattle, Washington
Founded
2019
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Simplify's Take
What believers are saying
- Stoke closed an $860 million Series D in February 2026, totaling $1.34 billion.
- Bloomberg reported an August 2026 $1 billion raise at a $9 billion valuation.
- First Nova liftoff from Cape Canaveral is expected in 2026, compressing commercialization.
What critics are saying
- Nova still lacks an orbital flight; one failure can freeze fundraising and contracts in 2026.
- SpaceX, Blue Origin, and ULA already control launch demand before Stoke proves daily cadence.
- A $9 billion valuation before revenue makes a missed 2026 launch existential.
What makes Stoke Space unique
- Nova targets fully reusable first and second stages, a rare architecture beyond SpaceX.
- NASA's June 2026 partnership validates Stoke's reentry technology and deepens test access.
- Launch Complex 14 and Space Force backing give Stoke a government-grade launch foothold.
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Funding
Total Funding
$2.4B
Above
Industry Average
Funded Over
12 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
↑ 1%1 year growth
↑ 0%2 year growth
↑ 0%Stoke Space Technologies Inc. is raising $1 billion to accelerate development and production of a fully reusable rocket to challenge Elon Musk’s SpaceX, people familiar with the matter said.
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...
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About Stoke Space
Industries
Data & Analytics
Aerospace
Company Size
201-500
Company Stage
Series E
Total Funding
$2.4B
Headquarters
Seattle, Washington
Founded
2019
Stoke Space is Hiring for 65 Jobs on Simplify!
Find jobs on Simplify and start your career today