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Stoke Space raises $1 billion to upsize its reusable rocket

Stoke Space says it has raised roughly $1 billion to get ready for the first launch of its fully reusable Nova rocket — and to scale up the rocket’s design for even bigger payloads.

To accommodate its grander ambitions, the Kent, Wash.-based startup is also scaling up its test facility in Moses Lake, 175 miles to the east.

“We have confidence in the foundation that we’ve laid today, and now it’s time to scale,” Stoke Space CEO Andy Lapsa told me.

By Alan Boyle

Mastermind of Cosmic Log, contributor to GeekWire and Universe Today, author of "The Case for Pluto: How a Little Planet Made a Big Difference," past president of the Council for the Advancement of Science Writing.

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