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Stoke Space lines up $150M Pentagon loan for a second launch pad in Florida
The conditional financing would help the Kent, Wash.-based startup build infrastructure for Nova Block 2, a bigger rocket due to debut in 2029.
AI Summary
Stoke Space, a startup based in Kent, Washington, is arranging a conditional $150 million loan from the Pentagon to fund a second launch pad in Florida. The financing will support infrastructure for Nova Block 2, the company’s larger rocket slated to debut in 2029.
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