Ursa Major Technologies is an American aerospace company and independent rocket propulsion provider specializing in the design, testing, and manufacturing of rocket engines for space launch and hypersonic applications. They offer high-performance liquid rocket engines like the Hadley, Ripley, Draper and Arroway, as well as solid rocket motors. Ursa Major serves commercial space enterprises, defense contractors, and the U.S. government, with customers including Phantom Space, Stratolaunch, and RTX's Raytheon. Key activities include advanced manufacturing techniques like 3D printing to optimize production and reduce costs.
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Raytheon invested in Ursa Major through its venture capital arm RTX Ventures during Ursa Major’s $138,000,000 funding rounds in 2023.
Ursa Major secured a $12,500,000 investment from the Department of Defense’s Office of Strategic Capital with matching funds from the company to further develop its Lynx solid rocket motor manufacturing process.
One of Ursa Major’s solid rocket motors completed a successful flight test on a Raytheon-built missile for the U.S. Army on 2024-12-18.
The Office of Strategic Capital supported a venture in partnership with the U.S. Navy to invest in Ursa Major, a company specializing in rocket propulsion.
Ursa Major Technologies is developing the kerosene/HTP Draper engine with a thrust of 4,000 pounds-force (17.8 kilonewtons).
Ursa Major built a Draper-specific test stand with funding from the Air Force Research Laboratory under a contract awarded last year.
Ursa Major announced a contract with the Naval Energetics Systems and Technologies (NEST) program on 2024-04-08 to develop and test a prototype solid rocket motor for the Navy’s Standard Missile program.
The TA-1 flight test with Ursa Major’s Hadley engine reached high supersonic speeds approaching Mach 5.
Ursa Major designed, built, and flew the Hadley engine in less than a decade.
Hadley is the first product in a family of propulsion systems that Ursa Major is designing, developing, and producing, including liquid rocket engines and solid rocket motors.
Ursa Major developed Hadley as a purpose-built engine to satisfy America’s commercial and national security space needs.
Ursa Major Technologies developed the Hadley engine that powers TA-1.
Ursa Major's Hadley engine successfully flew for the first time powering a Stratolaunch hypersonic test vehicle on 2024-03-09.
Explorer 1 Fund and Eclipse led the investments in Ursa Major’s Series D and D-1 funding rounds.
Ursa Major developed Lynx as a solution for designing and manufacturing solid rocket motors for tactical applications.
Ursa Major closed $138,000,000 in its Series D and D-1 funding rounds.
Ursa Major developed Draper, a storable liquid engine designed to defend against hypersonic weapons.
Ursa Major completed an initial Series D round earlier 2023 and extended fundraising to include a Series D-1 round to accelerate development on several future programs.
Ursa Major raised $138,000,000 in Series D and Series D-1 funding rounds on 2023-11-30.
Investors in Ursa Major’s Series D and D-1 funding rounds include Explorer 1 Fund and Eclipse, RTX Ventures, funds and accounts managed by BlackRock, Exor Ventures, Mack & Co., XN, and other institutional shareholders.