Stoke Space secures $1B ahead of 2027 Nova rocket launch
Stoke Space announced a $1 billion funding round to support its Nova rocket, slated for a 2027 debut. The raise will fund development as the company prepares for its first launch. Separately, Cognition AI closed a $2 billion Series E at a $48 billion valuation, led by Andreessen Horowitz and Accel.
Sources: defensedaily.com · msn.com
“The dual funding rounds highlight contrasting capital strategies—one focused on long-term hardware development, the other on scaling AI software at a near-unicorn valuation.”
Read the original reporting
The outlets below did the original reporting.
Related briefs
This brief was drafted automatically from the sources above and published under our editorial policy. Spotted an error? Tell us.