{"id":58000,"date":"2021-02-26T23:46:38","date_gmt":"2021-02-26T15:46:38","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/stoke-space-raises-9m-to-develop-fully-reusable-rocket\/"},"modified":"2021-02-26T23:46:38","modified_gmt":"2021-02-26T15:46:38","slug":"stoke-space-raises-9m-to-develop-fully-reusable-rocket","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/stoke-space-raises-9m-to-develop-fully-reusable-rocket\/","title":{"rendered":"Stoke Space Raises $9M to Develop Fully Reusable Rocket"},"content":{"rendered":"<\/p>\n<p>Washington state-based launch company, <strong>Stoke Space Technologies<\/strong>, 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 <strong>NFX<\/strong> and <strong>MaC Ventures<\/strong>, with participation from <strong>Y Combinator<\/strong>, <strong>Seven Seven Six<\/strong>, <strong>Liquid2<\/strong>, Trevor Blackwell, Kyle Vogt, Charlie Songhurst, and others.<\/p>\n<p><strong>SpaceX<\/strong> is able to land and reuse the first stage of its Falcon 9 rocket, and <strong>Rocket Lab<\/strong> is working toward this as well, but Stoke aims to have a reusable second stage, which it says will break the \u201cproduction-limited paradigm\u201d and enable the company to launch daily.<\/p>\n<p>The company is led by CEO and co-founder Andy Lapsa, a longtime <strong>Blue Origin<\/strong> engineer. Stoke said its team has experience in large-scale rocket programs through experience at Blue Origin, SpaceX, and <strong>Spaceflight<\/strong>. The company is part of the Y Combinator W2021 program, has active contracts with the <strong>National Science Foundation<\/strong> (NSF) and <strong>NASA<\/strong>, and is building engineering and test facilities in Washington state.<\/p>\n<p>\u201cWhat makes today so exciting is that for the first time in history we have all the technical and economic ingredients needed to build a massive economy in space,\u201d said co-founder and CEO Andy Lapsa. \u201cWe started Stoke to finally put those ingredients together. We\u2019re not focused on Mars or the Moon, we\u2019re singularly focused on building a space economy that makes life better on Earth.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 MaC Ventures, with participation from Y Combinator, Seven Seven Six, Liquid2, Trevor Blackwell, Kyle [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":58001,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-58000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/58000"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=58000"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/58000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/58001"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=58000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=58000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=58000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}