Stoke Space Secures $100M Funding for Reusable Rocket Development

Stoke Space, a small launch company, has raised $100 million in funding and revealed the name of its fully reusable small rocket, Nova. The funding will be used to develop the rocket's engine and structure, as well as new construction at Launch Complex 14. Meanwhile, the return to flight of Europe's Vega C small launch vehicle has been delayed to late 2024 due to a nozzle redesign. Rocket Lab has opened a new engine development center in a building previously owned by Virgin Orbit, enabling faster production of engines. Germany is pursuing a competitive procurement process for launch services, signaling a shift from Arianespace as the primary rocket vendor. Additionally, French aviation company Dassault Aviation is in talks with Rocket Lab for the potential development of a reusable space transportation system.