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Stoke Space Closes $1B Series E for Nova Launch

9/8/2026

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Story summary
  • Stoke Space Technologies completed a $1 billion Series E financing round.
  • Point72 Ventures and Spark Capital led the round with other investors.
  • CEO Andy Lapsa said the funds will scale production, flights, and a second-generation vehicle.
  • Stoke targets an early 2027 launch of the fully reusable Nova Pathfinder.
  • Nova Pathfinder can lift three metric tons to low-Earth orbit and has sold launch contracts.