Ursa Major has secured $100 million in Series E funding to expand its innovative propulsion technologies, aimed at addressing the U.S.'s increasing defense and aerospace demands.

Target Information

Ursa Major, founded in 2015, has emerged as a significant player in the aerospace and defense sector, specifically targeting propulsion technology. With a focus on reinventing the way propulsion systems are designed, developed, and produced, Ursa Major has established a vertically integrated production system optimized for speed and adaptability. This innovative approach ensures that the U.S. maintains a robust capacity to deliver critical mission solutions in defense, particularly in the face of increasing global threats.

The company employs advanced manufacturing techniques such as additive manufacturing and precision chemical mixing, allowing it to pursue multiple opportunities within the industry, including hypersonic systems, solid rocket motors (SRMs), and sustained space mobility systems. Securing $100 million in Series E funding positions Ursa Major to ramp up its production capabilities and meet the surging demand for both defense and space-based solutions.

Industry Overview

The aerospace and defense industry in the United States remains a cornerstone of national security and technological advancement. Recent geopolitical developments and increasing competition from adversaries have intensified the focus on im