Stoke raises a $260M Series C

Stoke Space/Nova

Stoke Space raised $260 million in Series C funding, bringing total funding to $480 million. The investment will complete the Cape Canaveral launch pad, finalize Nova development, and expand the test and manufacturing facility in Moses Lake, Washington, accelerating technologies that will redefine access to and from space.

• $260 million Series C funding round; total funding now $480 million (more than doubled previous total).
• Use of funds: complete Launch Complex 14 at Cape Canaveral, finalize Nova launch vehicle development, expand Moses Lake operations.
• CEO Andy Lapsa: investment 'enables us to accelerate development of technologies that will redefine access to space.'
• Moses Lake facility: private test complex and manufacturing headquarters for Nova.