Department of War Commits $150 Million Loan to Expand U.S. Space Launch Capacity

The Department of War's Office of Strategic Capital (OSC) has announced a $150 million conditional loan commitment to Stoke Space Technologies, Inc., a U.S.-based company developing fully reusable rockets. This investment aims to support the construction of a second launchpad at Cape Canaveral Space Force Station, thereby expanding U.S. launch capacity. The initiative is crucial for meeting the increasing demand for commercial and national security space launches by the United States Space Force, aligning with the National Space Transportation Policy to maintain American dominance in space.