Stoke Space announced Tuesday that it has raised another significant round of funding, $1 billion, as it makes a final push toward its debut launch next year. The Washington-based launch company also revealed plans for a larger medium-lift vehicle.

With the Series E funding round, co-led by Point72 Ventures and Spark Capital, Stoke Space brought its total amount of capital raised to $2.3 billion, a staggering amount for a company that has yet to attempt an orbital launch.

The quantity of new funding will enable the company to accelerate work on a larger "Block 2" version of the Nova rocket, capable of lifting 15 metric tons to low-Earth orbit in a fully reusable configuration, said Stoke co-founder and Chief Executive Andy Lapsa.

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For the first time in decades, NASA has rolled out one of its iconic astronaut training aircraft with a bold, new look.

The space agency debuted a new livery on one of its T-38 jets in celebration of its program to return astronauts to the Moon. The Artemis design retains nods to what made the "white rocket" immediately recognizable, but adds a new colorway and painted graphics to make clear where NASA is headed.

"This new 'Artemis' livery has a black and white paint scheme with blue and red stripes that separate those two paint schemes," said Sean Brady, who proposed and designed the new livery while serving as the T-38 project pilot in NASA's Aircraft Operations Division (AOD), part of the Flight Operations Directorate at Johnson Space Center in Houston. "The Artemis program logo in the back and a picture of the Moon is on the left and right side of the rear fuselage."

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