Ursa Major Technologies

Ursa Major Technologies

Innovative propulsion solutions for the emerging microsatellite and nanosatellite launch market. Learn more
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DateInvestorsAmountRound
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N/A

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N/A

Seed

$2.8m

Seed
N/A

$8.0m

Series A

$8.0m

Series A

$15.5m

Series B

N/A

Grant
N/A

$530k

Early VC
*

$3.0m

Grant
*

$85.0m

Series C
*

$100m

Valuation: $400m

Series D
*

$1.2m

Grant
*

$38.0m

Valuation: $400m

Series D
*

$12.5m

Valuation: $400m

Late VC
Total Funding€250m

Recent News about Ursa Major Technologies

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Ursa Major Technologies, Inc., headquartered in Berthoud, Colorado, is a pioneering startup specializing in propulsion systems for the aerospace industry. The company aims to democratize access to space by providing world-class propulsion solutions that are both reliable and cost-effective. Ursa Major's primary focus is on developing engines for space launch vehicles and hypersonic applications, addressing a critical need in the aerospace sector where propulsion issues have historically accounted for a significant percentage of launch failures.

Ursa Major serves a diverse range of clients within the aerospace industry, including private space companies, government agencies, and defense contractors. By offering launch-ready propulsion systems, the company helps its clients overcome the substantial financial, technical, and time-related barriers typically associated with developing high-performance engines.

Operating in the rapidly growing aerospace market, Ursa Major leverages its expertise to accelerate technological advancements in propulsion. The company's business model revolves around the design, testing, and manufacturing of propulsion systems, which are then sold or licensed to aerospace companies. Revenue is generated through direct sales of engines, long-term contracts, and partnerships with key players in the industry.

Ursa Major's mission is to power the future of space exploration and hypersonic travel by providing engines that are finely tuned for an optimal balance of performance, reliability, and cost. The company has already made significant strides, with numerous engines tested and ready for deployment, ensuring that their clients can achieve liftoff without the heavy lifting typically required in propulsion development.

Keywords: propulsion systems, aerospace, space launch, hypersonics, democratize space, reliable engines, cost-effective, technological advancement, private space companies, defense contractors.

Tech stack

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