Stoke Space Technologies has raised $1 Billion in New Series E Funding
According to filings with the U.S. Securities and Exchange Commission, Stoke Space Technologies has raised $1,000,000,000.00 in new Series E funding. The federal securities law requires the notice to...
According to filings with the U.S. Securities and Exchange Commission, Stoke Space Technologies has raised $1,000,000,000.00 in new Series E funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the company’s current round of funding include: Point72 Ventures and Spark Capital, General Innovation, Glade Brook Capital, US Innovation Technology, Washington Harbour Partners, Woven Capital, Y Combinator
About Stoke Space Technologies
Stoke Space Technologies is a U.S.-based rocket company developing Nova, an ultra-high launch-cadence, 100% reusable medium-lift orbital rocket designed to make space transportation function like reliable infrastructure. According to its site, the companys primary business is providing high-frequency, fully and rapidly reusable launch services that radically lower cost, shorten time between launches, and offer commercial customers dependable access to and from any orbit, at any time, enabling satellite constellations, in-space manufacturing, dynamic logistics, and routine return of cargo from space. Its Nova launch vehicle, including the Pathfinder technology demonstrator, is being built to support missions to, through, and from space, such as constellation deployment, in-space mobility, and downmass (bringing material back to Earth), positioning Stoke as a key player in the emerging market for seamless orbital logistics and infrastructure. The company operates from a large, vertically integrated headquarters in Kent, Washington, where design and manufacturing are co-located, and has secured historic Launch Complex 14 at Cape Canaveral for future operations, underscoring its growing presence in the launch market.
To learn more, visit https://www.stokespace.com/
Linkedin: https://www.linkedin.com/company/stoke-space/
Contact:
Andy Lapsa, Chief Executive Officer
https://www.linkedin.com/in/andylapsa
SOURCE: http://www.intelligence360.io
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