Firm developing a fully reusable rocket raises a quarter of a billion dollars
SMRTR summary
Stoke Space has raised $260 million in Series C funding for Nova, a fully reusable medium-lift rocket. The company aims to provide low-cost, on-demand launch services with both stages landing back on Earth. This investment, bringing total funding to $480 million, comes during a challenging period for space company funding. Stoke's focus on full reusability and efficient engine design aims to meet growing demand for affordable launch services.
SMRTR provides this summary for quick context. The original article belongs to Ars Technica.
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