{"id":223238,"date":"2025-10-10T20:08:28","date_gmt":"2025-10-11T01:08:28","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2025\/10\/stoke-space-raises-a-whopping-510m-to-accelerate-work-on-its-fully-reusable-nova-launch-system"},"modified":"2025-10-10T20:08:28","modified_gmt":"2025-10-11T01:08:28","slug":"stoke-space-raises-a-whopping-510m-to-accelerate-work-on-its-fully-reusable-nova-launch-system","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2025\/10\/stoke-space-raises-a-whopping-510m-to-accelerate-work-on-its-fully-reusable-nova-launch-system","title":{"rendered":"Stoke Space raises a whopping $510M to accelerate work on its fully reusable Nova launch system"},"content":{"rendered":"<p><\/p>\n<p><iframe style=\"display: block; margin: 0 auto; width: 100%; aspect-ratio: 4\/3; object-fit: contain;\" src=\"https:\/\/www.youtube.com\/embed\/4zDPaPfDVkQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope;\n   picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>Kent, Wash.-based <a href=\"https:\/\/www.stokespace.com\/\">Stoke Space Technologies<\/a> today revealed that it has raised $510 million in fresh funding to accelerate development of its fully reusable medium-lift Nova rocket.<\/p>\n<p>The Series D funding round, let by Thomas Tull\u2019s US Innovative Technology Fund, comes in conjunction with a $100 million debt facility led by Silicon Valley Bank. Stoke said the new financing has more than doubled its total capital raised, bringing the figure to $990 million.<\/p>\n<p>\u201cThis funding gives us the runway to complete development and demonstrate Nova through its first flights,\u201d Stoke co-founder and CEO Andy Lapsa <a href=\"https:\/\/www.stokespace.com\/stoke-space-technologies-raises-510-million-to-scale-manufacturing-of-fully-reusable-nova-launch-vehicle\/\">said in a news release<\/a>. If all goes according to plan, the first Nova rocket is expected to lift off next year from Launch Complex 14 at Cape Canaveral Space Force Station in Florida.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kent, Wash.-based Stoke Space Technologies today revealed that it has raised $510 million in fresh funding to accelerate development of its fully reusable medium-lift Nova rocket. The Series D funding round, let by Thomas Tull\u2019s US Innovative Technology Fund, comes in conjunction with a $100 million debt facility led by Silicon Valley Bank. Stoke said [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1522,8],"tags":[],"class_list":["post-223238","post","type-post","status-publish","format-standard","hentry","category-innovation","category-space"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/223238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=223238"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/223238\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=223238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=223238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=223238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}