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Washington state-based launch company, Stoke Space Technologies, has raised $9.1 million in seed investments to develop a completely reusable rocket that the company claims will offer launch services 20 times cheaper than offerings today. The round was co-led by NFX and Y Combinator, Liquid2, Trevor Blackwell, Kyle Vogt, Charlie Songhurst, and others. SpaceX is able to land and reuse the first stage of its Falcon 9 rocket, and Rocket Lab is working toward this as well, but Stoke aims to have a reusable second stage, which it says will break the “production-limited paradigm” and enable the company to launch daily. The company is led by CEO and co-founder Andy Lapsa, a longtime
Stoke Space aims to take reusable rockets to new heights with $9M seed Many launch providers think reusability is the best way to lower the cost and delay involved in getting to space. SpaceX and Rocket Lab have shown reusable first stages, which take a payload to the edge of space — and now Stoke Space Technologies says it is making a reusable second stage, which will take that payload to orbit and beyond, and has raised a $9.1 million seed round to realize it. Designing a first stage that can return to Earth safely is no small task, but the fact that it only reaches a certain height and speed, and doesn’t actually climb into orbit at an even higher velocity, means that it is simpler to try. The second stage takes over when the first is spent, accelerating and guiding the payload to its destination orbit, which generally means it will have traveled a lot farther and will be going a lot faster when it tries to come back down.
Rocket engine startup inks lease at Port of Moses Lake [Columbia Basin Herald, Moses Lake, Wash.] Jan. 26—MOSES LAKE — A Renton-based space technology startup signed a five-year lease for 2.3 acres at the Port of Moses Lake to test rocket engines. During an online meeting Monday, the three members of the Port of Moses Lake Commission unanimously approved the deal with Stoke Space Technologies for the land, located in the port’s Westside Employment Center. Stoke Space Technologies was founded in late 2019 by Andrew Lapsa and Thomas Feldman, both veteran engine designers with Amazon founder and billionaire industrialist Jeff Bezos’ Blue Origin project to create a reusable rocket. In 2020, Stoke received a $225,000 National Science Foundation (NSF) award to begin design on reusable upper rocket stages.