Stoke Space Lines up $150M Pentagon Loan for a Second Launch Pad in Florida

Stoke Space lines up $150M Pentagon loan for a second launch pad in Florida

Stoke Space’s existing Cape Canaveral launch site in Florida. (Stoke Space Photo) Kent, Wash.-based Stoke Space has secured a conditional commitment for a $150 million loan from the Department of War’s Office of Strategic Capital to build a second launch pad at Cape Canaveral for a larger version of its fully reusable rocket. The loan isn’t final until Stoke meets a list of financial, legal, technical and due-diligence requirements. The announce…

DOD credit office signs $150M loan for domestic space launch capacity

The Defense Department's credit office signed a $150 million conditional loan agreement with domestic space launch provider Stoke Space Technologies Inc. to support the company's buildout of a new launchpad for larger rockets at Cape Canaveral Space Force Station, FL, the Pentagon announced today. The Office of Strategic Capital's "conditional investment with Stoke Space aligns with President Donald J. Trump's National Space Transportation Polic…

Stoke Space secures conditional $150 million loan from Pentagon

Pentagon Backs Stoke Space With $150 Million Loan Guarantee for Second Florida Launch Pad – SatNews

On Monday, October 26, 2026, the U.S. Department of Defense’s Office of Strategic Capital (OSC) announced a conditional commitment for a $150 million loan guarantee to commercial launch provider Stoke […]

Stoke’s $150 Million Conditional Loan Targets Block 2 Launchpad

Washington, October 26, 2026, 19:08 (EDT) The Pentagon announced a $150 million conditional loan commitment for Stoke Space on Monday. The proposed financing would help build a second launchpad at Cape Canaveral Space Force Station. The department’s release identifies the larger Nova Block 2 rocket as the intended beneficiary. Block 2’s advertised payload rating is…

DoD Makes $150 Million Conditional Loan To Rocket Developer Stoke Space

The Defense Department on Monday said its Office of Strategic Capital (OSC) has signed a $150 million conditional loan commitment with launch vehicle developer Stoke Space to help the startup […]