Stoke Space Raises $1B in Series E to Advance Reusable Rockets
Summary
Aerospace startup Stoke Space completed the initial closing of a $1B Series E funding round to reach orbit and prepare a larger rocket.
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Aerospace startup Stoke Space has announced the initial closing of a $1 billion Series E funding round.
The fresh capital is earmarked to help the company achieve orbital flight and prepare a new, larger rocket for active commercial operations.
Stoke Space aims to advance reusable space launch technologies and compete directly with SpaceX in orbital transport.
Source: TechCrunch
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