Stoke Space plans more powerful rocket, raises $1 billion - Reuters

Stoke Space has successfully raised $1 billion in new funding to advance its aerospace ambitions. The company plans to develop a more powerful version of its Nova rocket to enhance launch capabilities. With this significant capital injection, Stoke Space is now eyeing Florida as a strategic location for its upcoming launch operations. These upgrades and the new funding aim to accelerate the development and deployment of their next-generation rocket technology within the competitive space industry.