Stoke Space Technologies Extends Previously Announced Series D Financing to $860 Million

Stoke Space, developing seamless mobility to, through, and from space, led by Tom Feldman and Andy Lapsa, has announced an extension of its previous Series D financing, bringing the total amount raised in the round to $860 million.

The round was initially announced in October 2025 at $510 million. That funding focused on completing activation of Launch Complex 14 at Cape Canaveral Space Force Station, Fla., and expanding production capacity for the Nova launch vehicle.  Stoke will use the additional capital to accelerate future elements of its product roadmap.

“We’re extremely grateful for the continued support from investors,” said Andy Lapsa, co-founder and CEO of Stoke. “Execution is underway with urgency to bring Nova to market and deliver for customers. It’s a unique vehicle, with additional developments in the pipeline to be shared as they mature.”

Terms of the round were not disclosed. With the extension, Stoke has raised a total of $1.34 billion to date.