With another huge infusion of cash, Stoke Space goes even bigger

Stoke Space secured a $1 billion Series E round, co-led by Point72 Ventures and Spark Capital, bringing its total funding to $2.3 billion as it prepares for a debut orbital launch next year. The new capital will accelerate development of the “Block 2” Nova rocket, a fully reusable medium-lift vehicle capable of delivering 15 metric tons to low-Earth orbit.