The US military is responding to potential national security risks associated with SpaceX's retirement of its Falcon rocket by supporting other launch companies. The Pentagon's Office of Strategic Capital has announced two $150 million loans to Stoke Space and Rocket Lab. This funding is part of a broader initiative to bolster companies developing critical national security technologies, which also includes loans to firms in the battery, drone, and semiconductor sectors.
Key facts
- The Pentagon's Office of Strategic Capital announced $150 million loans to Stoke Space and Rocket Lab.
- The loans were announced on October 26 and November 7, 2026.
- The Office of Strategic Capital was established in 2022.
- The OSC has committed hundreds of millions to various technology sectors.
- A $150 million loan was also provided to LeoLabs for radar unit production.
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