Stoke Space Secures New Funding Round, Outlines Larger Rocket Plans
According to a report from Ars Technica, the space launch startup has raised additional capital and set a debut launch target while detailing ambitions for a bigger rocket.
Stoke Space, a private space launch company, has received another large infusion of funding, according to a report published by Ars Technica on its space technology section.
The report states that the company has set a target date for the debut launch of its rocket and has revealed plans to develop a larger vehicle than previously announced.
Ars Technica's report frames the development within the broader context of the commercial space industry, noting that the pace of growth in the space economy is tied directly to the capacity of companies to launch rockets.
Details on the exact size of the new funding round, the specific debut launch date, and technical specifications of the larger rocket were not fully specified in the available excerpt of the report.
Stoke Space has previously been known in the industry for its work on reusable launch vehicle technology, though further specifics of the company's current plans were not detailed in the source material.
Ars Technica indicated that additional details regarding the funding and the company's expanded rocket program would be covered in its full report.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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