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Rocket Developer Raises $1 Billion, Unveils Larger Reusable Vehicle Ahead of Debut Flight

Summary by Ex Terra
New Funding Brings Total Raised to $2.3 Billion as Company’s First Orbital Rocket Has Yet to Fly
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Stoke Space Technologies, Inc. closed an initial tranche of its $1 billion Series E financing round in Kent, Washington, on September 8, 2026, to expand manufacturing infrastructure and accelerate the development of rapid-turnaround orbital rockets. The injection roots total fusion to $2.3 billion as the aerospace firm advances towards an initial orbital launch and accelerates [...]

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Ex Terra broke the news on Thursday, September 10, 2026.
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