In-Q-Tel, the Intelligence Community's Venture Arm, Invests in Stoke Space

Transcript

thank you I'm John boydenott for grid daily news with another top story of the week exciting news in the space industry today as washington-based startup stokespace has secured funding from Q Intel The Venture arm of the U.S intelligence Community to develop reusable rockets for launching small satellites they're fully reusable rocket powered by liquid natural gas and liquid oxygen will take off and land like an airplane offering a more affordable and flexible option for satellite launches the funding from Q Intel is a significant Milestone showing the potential of stoke spaces technology while other companies like SpaceX and blue origin are also working on reusable Rockets Stoke space aims to carry larger payloads and be more environmentally friendly with its hybrid rocket engines