Latest news with #reusable rockets
Yahoo
2 days ago
- Business
- Yahoo
Stoke Space Rebrands Hardware Engineering Platform as Boltline, Reports 2x Revenue in First Half of Fiscal Year
KENT, Wash., August 14, 2025--(BUSINESS WIRE)--Stoke Space, the company building the world's first fully and rapidly reusable rockets, today announced that its cloud-based hardware engineering platform, previously known as Fusion, is now Boltline. The rebrand reflects Boltline's position as the only purpose-built, end-to-end, cloud-based engineering toolset designed to streamline hardware development from design to end-of-life. Alongside the rebrand, Stoke Space reported strong growth, with Boltline achieving 2x revenue in the first six months of the current fiscal year, driven by adoption across industries. The company also disclosed a previously closed investment from Woven Capital, Toyota's growth-stage corporate venture fund, finalized in December 2024. This funding is accelerating Boltline's product development and commercial expansion, empowering hardware teams to build faster and with greater confidence. "Boltline solves a fundamental challenge for hardware teams: moving fast without sacrificing quality," said Michiko Kato, Partner at Woven Capital. "We're excited by its potential to reimagine the hardware development process, accelerating workflows while preserving traceability. With full visibility from cradle to grave, Boltline brings tremendous value to teams navigating complex hardware development cycles. We're proud to back Stoke Space and support Boltline as it scales a solution that empowers faster, smarter, and more transparent hardware development." Born from Friction, Built for Builders Born from the need to revolutionize hardware development, Boltline unifies complex processes into a single, powerful platform, slashing costs and accelerating innovation across industries. "Stoke didn't set out to build software. We set out to build hardware, and the tools got in our way," said Brent Bradbury, Head of Business at Boltline. "While we were still in early prototyping, it became clear we needed a unified system to manage engineering and production, one that offered traceability, repeatability, and audit readiness. Boltline's 2x revenue growth this fiscal year shows it's meeting a critical need for teams beyond aerospace." Boltline is now adopted across industries where hardware complexity meets execution urgency, including aerospace, defense, climate tech, biotech, and advanced manufacturing. "We saw in Boltline a kindred spirit of high-cadence engineering that is challenging the boundaries of what's possible in space," said Jack "2fish" Fischer, SVP of Production and Operations at Intuitive Machines. "Boltline answered our needs with its collaborative capabilities and clear digital thread." "Boltline is essential for our work," added Alisha Fredriksson, cofounder and CEO at Seabound. "It brings clarity to the complexity of hardware development, helping us move faster and with confidence." One Platform, All the Way from Design to Deployment Hardware teams often juggle up to eight disconnected tools, from spreadsheets to legacy MES systems, leading to inefficiencies and costly errors. Boltline replaces these with a single, cloud-based platform spanning the entire hardware lifecycle, from design through build, test, production, and beyond. Key capabilities include: Parts Library: Manage part references, relationships, and assemblies with engineering BOMs (eBOMs) and integrations with existing PLM systems. Inventory & Locations: Full traceability of every part and its location using QR codes and augmented BOMs (aBOMs). Work Plans: App-like procedures with checklists, sketches, instructions, and automated actions. Orders: A modern order management system linking inventory, purchase orders, retail orders, and approvals, integrated with ERP systems. Workflows: No-code automations that scale processes across engineering, manufacturing, and supply chain. Scaling for the Future of Hardware With Woven Capital's backing and Boltline's impressive 2x revenue growth, Boltline is expanding its product, engineering, and go-to-market teams to meet the growing demand for unified hardware development solutions. "What started inside a rocket company is now transforming industries," said Bradbury. "Boltline's revenue growth this fiscal year proves it's addressing an urgent need for smarter, faster hardware development, and we're scaling to meet that demand." About Boltline Boltline is the only end-to-end engineering toolset that helps teams build world-class hardware, fast. Born from the need to streamline complex hardware development, Boltline empowers teams across industries to design, build, and scale with unprecedented efficiency and clarity. Visit for more. About Stoke Space Stoke Space is building Nova, a fully and rapidly reusable rocket designed to fly daily, delivering critical payloads to any orbit, at any time. With vertically integrated design, manufacturing, and testing, Stoke is developing breakthrough technologies to deliver fast, flexible, and reliable space access. View source version on Contacts Anshul Gargmarketing@ Sign in to access your portfolio
Associated Press
2 days ago
- Business
- Associated Press
Stoke Space Rebrands Hardware Engineering Platform as Boltline, Reports 2x Revenue in First Half of Fiscal Year
KENT, Wash.--(BUSINESS WIRE)--Aug 14, 2025-- Stoke Space, the company building the world's first fully and rapidly reusable rockets, today announced that its cloud-based hardware engineering platform, previously known as Fusion, is now Boltline. The rebrand reflects Boltline's position as the only purpose-built, end-to-end, cloud-based engineering toolset designed to streamline hardware development from design to end-of-life. Alongside the rebrand, Stoke Space reported strong growth, with Boltline achieving 2x revenue in the first six months of the current fiscal year, driven by adoption across industries. The company also disclosed a previously closed investment from Woven Capital, Toyota's growth-stage corporate venture fund, finalized in December 2024. This funding is accelerating Boltline's product development and commercial expansion, empowering hardware teams to build faster and with greater confidence. 'Boltline solves a fundamental challenge for hardware teams: moving fast without sacrificing quality,' said Michiko Kato, Partner at Woven Capital. 'We're excited by its potential to reimagine the hardware development process, accelerating workflows while preserving traceability. With full visibility from cradle to grave, Boltline brings tremendous value to teams navigating complex hardware development cycles. We're proud to back Stoke Space and support Boltline as it scales a solution that empowers faster, smarter, and more transparent hardware development.' Born from Friction, Built for Builders Born from the need to revolutionize hardware development, Boltline unifies complex processes into a single, powerful platform, slashing costs and accelerating innovation across industries. 'Stoke didn't set out to build software. We set out to build hardware, and the tools got in our way,' said Brent Bradbury, Head of Business at Boltline. 'While we were still in early prototyping, it became clear we needed a unified system to manage engineering and production, one that offered traceability, repeatability, and audit readiness. Boltline's 2x revenue growth this fiscal year shows it's meeting a critical need for teams beyond aerospace.' Boltline is now adopted across industries where hardware complexity meets execution urgency, including aerospace, defense, climate tech, biotech, and advanced manufacturing. 'We saw in Boltline a kindred spirit of high-cadence engineering that is challenging the boundaries of what's possible in space,' said Jack '2fish' Fischer, SVP of Production and Operations at Intuitive Machines. 'Boltline answered our needs with its collaborative capabilities and clear digital thread.' 'Boltline is essential for our work,' added Alisha Fredriksson, cofounder and CEO at Seabound. 'It brings clarity to the complexity of hardware development, helping us move faster and with confidence.' One Platform, All the Way from Design to Deployment Hardware teams often juggle up to eight disconnected tools, from spreadsheets to legacy MES systems, leading to inefficiencies and costly errors. Boltline replaces these with a single, cloud-based platform spanning the entire hardware lifecycle, from design through build, test, production, and beyond. Key capabilities include: Scaling for the Future of Hardware With Woven Capital's backing and Boltline's impressive 2x revenue growth, Boltline is expanding its product, engineering, and go-to-market teams to meet the growing demand for unified hardware development solutions. 'What started inside a rocket company is now transforming industries,' said Bradbury. 'Boltline's revenue growth this fiscal year proves it's addressing an urgent need for smarter, faster hardware development, and we're scaling to meet that demand.' About Boltline Boltline is the only end-to-end engineering toolset that helps teams build world-class hardware, fast. Born from the need to streamline complex hardware development, Boltline empowers teams across industries to design, build, and scale with unprecedented efficiency and clarity. Visit for more. About Stoke Space Stoke Space is building Nova, a fully and rapidly reusable rocket designed to fly daily, delivering critical payloads to any orbit, at any time. With vertically integrated design, manufacturing, and testing, Stoke is developing breakthrough technologies to deliver fast, flexible, and reliable space access. View source version on CONTACT: Anshul Garg [email protected] KEYWORD: UNITED STATES NORTH AMERICA WASHINGTON INDUSTRY KEYWORD: TECHNOLOGY OTHER MANUFACTURING ENGINEERING APPS/APPLICATIONS SATELLITE GOVERNMENT TECHNOLOGY OTHER DEFENSE AEROSPACE MANUFACTURING SOFTWARE RETAIL NETWORKS DEFENSE HARDWARE ELECTRONIC DESIGN AUTOMATION DATA MANAGEMENT SUPPLY CHAIN MANAGEMENT SOURCE: Stoke Space Copyright Business Wire 2025. PUB: 08/14/2025 11:00 AM/DISC: 08/14/2025 11:00 AM
South China Morning Post
08-08-2025
- Business
- South China Morning Post
China's first rocket recovery ship; tariff truce extension ‘likely': SCMP daily highlights
Catch up on some of SCMP's biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing China has launched its first drone ship to recover reusable rockets – becoming only the second country after the United States to master the technology – as Beijing pushes forward with its ambitious space programme. A 90-day extension of a US-China tariff truce is likely, US Commerce Secretary Howard Lutnick said, the most concrete signal from the US side about moving the deadline since bilateral talks concluded in Stockholm last week. Young applicants often seek employment at job fairs, such as this one in China's Hubei province. Photo: Xinhua Mass-hiring plans among China's tech giants are serving to reinforce an increasingly popular decision among families for their college-bound children to embrace majors related to science and technology.
South China Morning Post
08-08-2025
- Science
- South China Morning Post
China launches first SpaceX-style drone ship to recover reusable rockets
China has launched its first drone ship to recover reusable rockets – becoming only the second country after the United States to master the technology – as Beijing pushes forward with its ambitious space programme. The launch of the new vessel marks a major step forward for China's push to develop reusable rockets – a technology seen as vital to helping the country cut the cost of space travel and develop a commercial space industry Beijing aims to catch up with the US in an intensifying space race by replicating America's approach of combining state and private sector investment , which paved the way for Elon Musk's SpaceX to drive a series of technological breakthroughs. The new vessel – named the Xingji Guihang, or 'Interstellar Return' – was developed by the Beijing-based private aerospace firm iSpace, and it will eventually be used to recover reusable rockets developed by several Chinese manufacturers. 'The vessel is designed for the launch of iSpace's SQX-3 rocket later this year,' the company said in an article published on Tuesday. 'In the future, it will also be compatible with sea recovery missions for various medium-to-large reusable rockets.' Like SpaceX's drone ships, the iSpace vessel is equipped with a dynamic positioning system and can operate autonomously. It has a recovery deck area of 2,400 square metres – large enough to fit a returning first-stage rocket booster.
