Stoke Space raises $1 billion for fully reusable rockets, targets 'early 2027' for 1st-ever launch

Stoke Space secured $1 billion in new investment to accelerate the development of its innovative Nova rocket system. The company’s focus is on creating fully reusable rockets designed for frequent missions into space. A key component of this effort is the Nova Block 2, specifically engineered to transport substantial payloads. This next-generation rocket promises to deliver up to 15 metric tons of cargo directly to low Earth orbit. Stoke Space anticipates conducting its inaugural launch within early 2027, marking a significant step towards revolutionizing access to space travel.