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Stoke Space Secures $150 Million Conditional Defense Department Loan

The Defense Department inked a $150 million conditional loan commitment with reusable-rocket company Stoke Space Technologies.

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11:07:50 PM UTC
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Stoke Space Secures $150 Million in Financing From Defense Department

By Josh BeckermanThe Defense Department inked a $150 million conditional loan commitment with reusable-rocket company Stoke Space Technologies, giving the startup a capital injection as the U.S. aims to boost its warfighting advantage from space.Stoke, whose technology supports orbital plane change…