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Interview, Fireside Chat

Inside The Startup Building Reusable Rockets

  • Stokes Space is developing fully rapidly reusable two-stage rockets (Nova) designed to return both the first stage and the second stage capsule to Earth, aiming to achieve aircraft-like reusability and drastically lower launch costs.
  • Market Context: The industry currently averages approximately 150 commercial launches per year, with availability heavily constrained by Starlink's dominance; Stokes targets a future where ubiquitous access enables diverse new verticals and applications.
  • Technical Architecture:
    • Stage 1 (Nova First Stage): Utilizes high fuel-efficiency engines to return and land at the launch site or downrange; this stage has historically achieved the industry's "breakthrough" in reusability.
    • Stage 2 (Andromeda Capsule): Designed to survive re-entry at 17,000 mph and temperatures exceeding 2,700°F using a custom heat shield featuring cold liquid hydrogen flowing through a heat exchanger.
    • Landing Mechanism: Employs 24 small thrusters to control descent angle and execute precise landings for the second stage, which is traditionally discarded on all current missions.
  • Founders & Origins:
    • Founded in September 2019 by Andy and Tom, former jet propulsion engineers at Blue Origin, who left their jobs despite the high personal risk (one founder had a three-month-old infant at the time).
    • The team initially operated out of a shipping container test cell in Tom's backyard, building a pressure-fed gaseous hydrogen/liquid oxygen thruster to demonstrate viability to early investors.
  • Financial Milestones:
    • The company has raised approximately $990 million to date to support hardware development, manufacturing, and launch infrastructure.
    • Early fundraising was significantly impacted by the 2020 pandemic, which shut down the market; the team eventually joined Y Combinator (YC) to navigate the transition from hardware engineering to venture fundraising.
  • Operational Strategy:
    • Vertical Integration: The company builds all rocket components in-house (avionics, structures, engines, additive manufacturing) to minimize iteration cycles; internal part manufacturing reduces changeover times from weeks to one to two days.
    • Software Infrastructure: Proprietary software platform "BoltLine" manages factory operations, maintenance logging, and AI-driven data abstraction to bridge the gap between garage prototyping and FAA-regulated flight operations.
  • Facilities & Infrastructure:
    • Kent, Washington: A 168,000 square foot factory designed to produce seven vehicles per year, housing engine assembly, additive manufacturing, and structures.
    • Moses Lake, Washington: A site for structural qualification testing, including cryogenic conditions.
    • Cape Canaveral, Florida: Construction is underway at Historic Complex 14 (the site of the first American orbital flight in 1962) for the primary launch site.
  • Development Timeline & Milestones:
    • 2022: Completed first full engine test.
    • 2024: Completed facility relocation and continued structural qualification builds.
    • Current Status: First orbital launch is planned for later this year, contingent on completing first and second stage engine qualification and avionics hardware-in-the-loop testing.
  • Forward-Looking Vision:
    • The founders aim for a future where the Nova rocket can fly daily, fundamentally altering the economics of space travel and enabling a new "iPhone app store" moment for space applications.
    • The team believes that focusing on reusability from day one is the only viable path to scaling flight frequency without proportional increases in factory and test facility infrastructure.
Inside The Startup Building Reusable Rockets — Summary