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Recently Funded|Amount: USD 175.0M|Industry: Defense and Space Manufacturing

Stoke Space Soars with $175M Series B Funding for Sustainable Rocket Innovation

Stoke Space

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51-200 employees employees (Est.)
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Stoke Space, an ambitious aerospace company dedicated to revolutionizing space travel, has successfully secured $175 million in a recent funding round. This significant financial boost reinforces the company’s vision of developing 100% reusable rockets, a game-changing step towards making space more accessible and sustainable. Founded on the principle that space exploration should not come at the expense of our planet, Stoke Space aims to create cost-effective and environmentally friendly launch solutions that address the growing demands of the commercial space sector. The new funds will be utilized to accelerate the development of their cutting-edge rocket technology, specifically focusing on optimizing reusability and enhancing payload capacities. With this landmark investment, Stoke Space is set to expand its engineering team, scale up production capabilities, and further its research and development efforts. As the aerospace industry experiences unprecedented growth, Stoke Space’s innovative approach not only seeks to reduce the costs associated with launching satellites and other payloads into orbit but also positions the company as a leader in the transition to sustainable practices in space exploration. The commitment to reusable launch systems aligns with global efforts to mitigate the environmental impact of space missions, creating a future where space travel is not only feasible but also responsible. As they embark on this next chapter, Stoke Space is poised to make waves in the aerospace community, transforming how we approach the final frontier while remaining steadfast in their mission to protect our planet.
November 20, 2024

Buying Signals & Intent

Our AI suggests Stoke Space may be interested in solutions related to:

  • Rocket Launch Services
  • Space Cargo Delivery
  • Reusable Launch Systems
  • Space Economy Solutions
  • Sustainable Technology

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