{"id":72874,"date":"2025-10-11T23:43:13","date_gmt":"2025-10-11T23:43:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/72874\/"},"modified":"2025-10-11T23:43:13","modified_gmt":"2025-10-11T23:43:13","slug":"reusable-rocket-startup-stoke-space-raises-510-million-in-latest-funding-round-tradingview-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/72874\/","title":{"rendered":"Reusable rocket startup Stoke Space raises $510 million in latest funding round \u2014 TradingView News"},"content":{"rendered":"<p class=\"\">By Prakhar Srivastava<\/p>\n<p class=\"\">    Stoke Space said on Wednesday it has raised $510 million in a funding round led by entrepreneur Thomas Tull&#8217;s US Innovative Technology Fund, to speed up development of its Nova reusable launch vehicles.<\/p>\n<p class=\"\">The fundraise underscores rising investor demand for space transport firms as governments and private companies boost spending on satellite launches, defense missions and commercial exploration.<\/p>\n<p class=\"\">The round also drew backing from Washington Harbour Partners and General Innovation Capital Partners, and existing investors including 776, Breakthrough Energy, Glade Brook Capital and Toyota Ventures.<\/p>\n<p class=\"\">&#8220;Investors, especially those that may have missed out on SpaceX, are still very much in the mood for moonshots despite gravity, interest rates, and valuation,&#8221; Michael Ashley Schulman, partner at Running Point Capital Advisors.<\/p>\n<p class=\"\">    &#8220;Stoke is building like it expects &#8230; a future where sending cargo to orbit becomes as routine as shipping boxes through UPS or FedEx.&#8221;  <\/p>\n<p class=\"\">The Washington-based startup declined to provide the valuation at which it raised funds.<\/p>\n<p class=\"\">Earlier this year, Stoke was awarded a National Security Space Launch contract by the U.S. Space Force, joining Elon Musk&#8217;s SpaceX, Jeff Bezos&#8217; Blue Origin, Rocket Lab USA <a href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-RKLB\/\" class=\"container-ekXxv5Y5 symbolTag-cwMMKgmm tag-zVPYJd3B xsmall-zVPYJd3B interactive-zVPYJd3B apply-overflow-tooltip apply-overflow-tooltip--allow-text apply-overflow-tooltip--check-children\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" class=\"logo-PsAlMQQF xxxsmall-PsAlMQQF wrapper-TJ9ObuLF skeleton-PsAlMQQF\" crossorigin=\"\" src=\"https:\/\/s3-symbol-logo.tradingview.com\/rocket-lab.svg\" alt=\"\"\/>RKLB<\/a> and United Launch Alliance and others, selected to strengthen U.S. space launch capabilities.<\/p>\n<p class=\"\">&#8220;There is room and maybe even a need for more than one successful player in this space race,&#8221; said Schulman.<\/p>\n<p class=\"\">The award reflects the growing demand for medium-lift launch capacity for defense, including for the proposed Golden Dome missile defense system, the company said.<\/p>\n<p class=\"\">Stoke Space is developing the fully reusable Nova rocket for frequent, low-cost space launches, backed by funding from the U.S. Space Force, NASA and other partners.<\/p>\n","protected":false},"excerpt":{"rendered":"By Prakhar Srivastava Stoke Space said on Wednesday it has raised $510 million in a funding round led&hellip;\n","protected":false},"author":2,"featured_media":64218,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[111,139,69,147,392],"class_list":["post-72874","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-new-zealand","tag-newzealand","tag-nz","tag-science","tag-space"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/72874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=72874"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/72874\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/64218"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=72874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=72874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=72874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}