Porsche SE Invests in Stoke Space: Nova Rocket Starting in 2027

Sustainable space exploration Porsche Holding Also Has a Stake in a U.S. Missile Manufacturer

2026-09-11 Source: dpa | Translated by AI 1 min Reading Time

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Porsche Automobil Holding SE, a major shareholder in Volkswagen, is acquiring a stake in yet another rocket company, according to a recent report by dpa.

Porsche Holding SE announces that it is once again turning to rocket technology. Following its investment in Isar Aerospace, the company is now acquiring a stake in a U.S. firm ...(Source: Porsche) — Porsche Holding SE announces that it is once again turning to rocket technology. Following its investment in Isar Aerospace, the company is now acquiring a stake in a U.S. firm ...
(Source: Porsche)

Porsche Automobil Holding SE announces that it is acquiring a stake in the U.S. aerospace company Stoke Space Technologies (Stoke Space) with an investment in the low double-digit millions range. According to Porsche SE, Stoke Space is developing a two-stage launch vehicle designed to be fully reusable. The so-called Nova rocket is scheduled to make its maiden flight in early 2027. This will enable a higher launch frequency as well as significantly lower launch costs than with conventional rockets. As is well known, Elon Musk is pursuing a similar approach with his space company SpaceX. There is also high market demand for rocket launches, which is currently met almost exclusively by SpaceX. For Porsche SE, this is also its second investment in a space company. In 2021, the company had already invested in the Bavarian rocket startup Isar Aerospace, acquiring a stake in the low single-digit percentage range. Isar Aerospace develops and manufactures launch vehicles for transporting satellites. A recent flight successfully launched five satellites into space.

Spectrum ahead of its second flight on the launch pad at Norway’s Andøya Spaceport. With the successful flight, Isar Aerospace has become the first company to launch satellites into orbit from continental Europe. (Photo: Isar Aerospace / ESA – ESA Standard Licence)

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