Stoke Space raises $510M for manufacturing of Nova launch vehicle
Stoke Space Technologies Vice President and Moses Lake Test Site and Operations Director Katherine Cruz explains how the horizontal rocket test platform at the Moses Lake site works and what it’s used for. The various tubes connect to the rocket to provide fuel and cameras and sensors provide feedback to the development team on a variety of factors associated with engine performance. Stoke has received funding in March and again in October to help develop its rocket technology and get it to the manufacturing stage.
FILE PHOTO
KENT — Stoke Space Technologies – with facilities in Moses Lake, Kent and Cape Canaveral, Fla. – has secured $510 million in funding through Thomas Tull’s US Innovative Technology Fund and Silicon Valley Bank, supporting the manufacture of the company’s Nova Launch vehicle. The funding more than doubles its total capital raised to $990 million, according to a press release from the company.
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