Stoke Space raises $1B Series E and unveils the larger Nova Block 2

Stoke Space/Nova

Stoke Space closed its Series E at $1 billion on September 8, 2026, bringing total raised to $2.3 billion. The company unveiled Nova Block 2, a larger vehicle delivering 15 metric tons to low Earth orbit with a 5-meter payload fairing, targeted for first launch in 2029. The funding supports Nova Pathfinder's first orbital flight, targeted for early 2027.

• Series E initial close: $1 billion; total raised to date $2.3 billion from Point72 Ventures and Spark Capital
• Nova Block 2 specifications: 15-metric-ton payload to LEO with 5-meter fairing; first launch 2029
• Funding supports Nova Pathfinder orbital attempt (early 2027) and manufacturing/test infrastructure
• Production and flight cadence expected to ramp quickly after Pathfinder demonstration