# Pentagon announces $150 million loan for Rocket Lab

_Published Tuesday, November 10, 2026 at 9:32 PM EST · Infrastructure, Policy · Latest · Tier 2 — Notable_

![Pentagon announces $150 million loan for Rocket Lab — Primary](https://cdn.arstechnica.net/wp-content/uploads/2026/11/1793382176191-1152x648.jpg)

The Pentagon announced a $150 million loan for Rocket Lab on Tuesday, extending its financial support for commercial launch providers, Ars Technica reported. Rocket Lab and Stoke Space are the first launch companies to receive significant backing from the Office of Strategic Capital; Stoke's $150 million conditional loan commitment was announced October 26.

The financing comes as SpaceX has stopped taking commercial Falcon 9 launch orders after 2028 while shifting toward Starship. Government launches can continue longer: the Space Force's contract permits Falcon 9 and Falcon Heavy orders through 2029, with launches extending through 2033. SpaceX plans to retire Falcon if Starship fulfills its promise.

## Sources

- [Ars Technica](https://arstechnica.com/space/2026/11/the-us-military-seems-to-be-getting-nervous-about-the-launch-supply-crunch/)

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Canonical: https://techandbusiness.org/newswire/JWvQrkbYxMIUMvRXf72nnT
Published: 2026-11-11T02:32:33.202Z
Story chronology: 2026-11-10T23:02:39.000Z
Retrieved: 2026-11-11T04:51:37.982Z
Publisher: Tech & Business (techandbusiness.org)