Bill Gates’ Breakthrough Energy leads $65M funding round for Stoke Space’s reusable rockets

Alan Boyle, GeekWire –

Breakthrough Energy Ventures, the multibillion-dollar clean-tech initiative created by Microsoft co-founder Bill Gates, is leading a $65 million funding round to back Kent, Wash.-based Stoke Space’s effort to create a new breed of fully reusable rockets — and believe it or not, there’s a climate change angle.

“There is no better way to see the Earth and the severity of its climate challenges than looking at the entire globe from space,” Carmichael Roberts, co-leader of Breakthrough Energy Ventures’ investment committee, said today in a news release.

“Imagine being able to detect wildfires in any country within minutes, identifying oil and gas methane emissions in real time for remediation, or verifying carbon stocks globally to enable large-scale carbon offset markets,” Roberts said. “These are just a few of the far-reaching opportunities that greater access to space can provide through advanced satellite technology.”

Read the full article here.