Stoke Space Lines Up $150M Pentagon Loan for a Second Launch Pad in Florida
26 Oct 2026
News
GEEKWIRE - Kent, Wash.-based Stoke Space has secured a conditional commitment for a $150 million loan from the Department of War’s Office of Strategic Capital to build a second launch pad at Cape Canaveral for a larger version of its fully reusable rocket.
The loan isn’t final until Stoke meets a list of financial, legal, technical and due-diligence requirements. The announcement Monday comes less than two months after Stoke raised roughly $1 billion in a Series E round, bringing its total funding to about $2.3 billion.
…
Note: Stoke Space is headquartered in Kent.
Click here tor read the full article.
More Topics
Cowboy Space Reveals Big Iron Data Center Rocket
Oct 26 2026PAYLOAD - This town ain’t big enough for just one launch provider.On Monday evening, Cowboy Space pulled back the curtain on Big Iron—a launch vehicle whose upper stage is designed to remain in orbit as a megawatt-class data center.“What we want to do is put a lot of available power...
BlackSky Wins Expanded Seven-Figure Gen-3 Assured Contract with International Defense Partner
Oct 22 2026BUSINESS WIRE - BlackSky Technology Inc. (NYSE: BKSY) won an expanded seven-figure Gen-3 Assured contract with an international defense partner. Demand for BlackSky’s premier real-time intelligence service in one of the world’s most demanding and contested regions drove a rapid twofold increase in the customer’s subscription in less than six...
These are WA's Fastest-Growing Private Companies
Oct 22 2026PUGET SOUND BUSINESS JOURNAL - This year's rankings of Washington's fastest-growing private companies included 121 businesses that cumulatively grew revenue by 15.2% from 2023 to 2025.The No. 1 ranked company, Kent-based BLS, reported a growth rate of 863.48%.BLS was followed by Sumner-based Portofino Foods and auditor Advantage Partners in Seattle,...