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In this episode of FYI, Brett Winton, Daniel Maguire, and Tasha Keeney speak with Devon Papandrew, VP of Business Development at Stoke Space, about building a rocket designed to be fully and rapidly reusable. Papandrew explains why recovering the orbital upper stage is the hardest part of the problem, how Stoke's actively cooled heat shield and engine are one and the same, and why the company skipped partial reuse entirely. They also discuss the unveiling of Nova Block 2 and the $1 billion Series E behind it, the Falcon 9-shaped hole opening up as SpaceX turns to Starship, why satellite operators want more independent launch providers, the 24-hour turnaround Stoke is designing for, and the microgravity manufacturing market that only opens once payloads can come back down.
00:00:00 Introduction and disclaimer.
00:01:36 Why Stoke Space sits in ARK's venture portfolio, and what the company is building.
00:07:37 Borrowing decades-old actively cooled engine technology and applying it to the vehicle.
00:10:23 How far along Stoke is, with over 11,000 seconds of hot fire on the engine.
00:12:02 Why vertical integration is the winning structure in rocketry today.
00:15:38 Why Stoke skipped partial reuse and went straight at the harder problem.
00:17:48 Flight-proven hardware, Falcon 9's record, and the reliability case for full reuse.
00:20:06 The Falcon 9-shaped hole SpaceX is leaving as it retracts capacity from the market.
00:22:19 Whether the space economy today is really just S
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