Pentagon pledges $150m loan to Stoke Space in push to expand US military space launch capacity

The Pentagon has committed a $150 million conditional loan to Stoke Space Technologies, aiming to bolster the United States’ military space launch capabilities. This funding will specifically support the construction of a second launchpad at Stoke Space's facility. The Department of War believes this expansion is crucial for advancing the Nova Block 2 rocket program. Stoke Space intends to utilize the new infrastructure to increase its launch operations and contribute to national security objectives. This initiative represents a significant investment in domestic space technology development within the U.S.