Stoke Space builds the Nova launch vehicle, a 100 percent reusable rocket intended for orbital access and rapid reuse. The company develops its own propulsion and reentry systems, including Zenith and Andromeda engines, and operates with vertical integration across design and manufacturing. Stoke reported $510 million in Series D funding in October 2025 and later extended that round to $860 million in February 2026.
Launch payloads to various orbits efficiently; Conduct space cargo and logistics missions; Enable rapid repositioning of satellites; Support long-dwell operations in space; Facilitate return of assets from orbit.
Founder
Founder
Stoke Space Technologies primarily focuses on the aerospace industry, specifically on revolutionizing access to space through the development of 100% reusable rockets for affordable and sustainable space operations.
Stoke Space Technologies operates in the competitive landscape of reusable rocket technology, where several key players are notable competitors:
SpaceX: A leader in the space launch industry, SpaceX has developed the Falcon 9 and Falcon Heavy rockets, both of which are partially reusable. SpaceX's significant advantage lies in its established track record, extensive launch experience, and a robust customer base, including NASA and commercial satellite operators.
Blue Origin: Founded by Jeff Bezos, Blue Origin focuses on both suborbital and orbital flight with its New Shepard and New Glenn rockets. Blue Origin emphasizes reusability and aims to reduce the cost of access to space, similar to Stoke Space. Its advantage includes substantial funding and a strong vision for future space tourism and lunar missions.
Rocket Lab: Known for its Electron rocket, Rocket Lab specializes in small satellite launches. While not fully reusable yet, Rocket Lab is developing a reusable version of its Electron rocket, which could enhance its competitive edge in the small satellite market.
Sierra Space: This company is developing the Dream Chaser spaceplane, which is designed for cargo and crew missions. Its unique approach to reusability and versatility in missions provides a different value proposition compared to traditional rocket designs.
Dawn Aerospace: Focused on developing reusable spaceplanes, Dawn Aerospace aims to provide frequent and affordable access to space. Its innovative approach to propulsion and vehicle design sets it apart in the market.
Axiom Space: While primarily focused on building a commercial space station, Axiom's plans for launching missions to the ISS and beyond position it as a competitor in the broader space operations market.
Notable differences and advantages among these competitors include established operational capabilities, funding levels, and specific market focuses (e.g., small satellites vs. crewed missions). Stoke Space's emphasis on 100% reusability and affordability is a key differentiator in this competitive landscape.
Stoke Space specializes in developing 100% reusable rockets, specifically the Nova rocket. Their approach focuses on full and rapid reusability, significantly reducing costs to orbit. This innovation aims to unlock the space economy and enhance access to space for various missions.
Selected for U.S. Space Force's $5.6B NSSL program; Headquarters spans 168,000 square feet; Achieves 98% reduction in atmospheric impact compared to traditional rockets.