Stoke Space Technologies, the rocket company developing fully and rapidly reusable medium-lift launch vehicles, said it has extended its previously announced Series D financing, bringing the total raised in the round to $860 million.
The Series D was initially announced in October 2025 at $510 million, with that capital focused on completing activation of Launch Complex 14 at Cape Canaveral Space Force Station in Florida and expanding production capacity for the company’s Nova launch vehicle. Stoke said the additional funding will be used to accelerate future elements of its product roadmap.
The company did not disclose the terms of the financing extension. With the latest funding, Stoke said it has raised $1.34 billion to date.
Stoke said it is developing the fully and rapidly reusable Nova rocket designed to operate with aircraft-like frequency, positioning the vehicle to support lower-cost, on-demand transport to, through and from space. The company added that its technology development has been funded by the U.S. Space Force, DIU, NASA, the National Science Foundation, and other government and private partners.
KEY QUOTES
“We’re extremely grateful for our investors’ continued support. We’re executing with urgency to bring Nova to market and deliver for our customers. It’s a special vehicle, and there’s more in the pipeline — we look forward to sharing those developments as they mature.”
Andy Lapsa, Co Founder And CEO, Stoke Space
