Ursa Major
Ursa Major Company Growth, Stability & Outlook
Frequently Asked Questions
Ursa Major holds a strong position in the aerospace and defense industry by designing products that address urgent market needs—scalability, affordability, and mission versatility. Our technologies are tailored to solve the real-world challenges our customers face. Products like our Draper engine offer storability for rapid deployment, while our solid rocket motors (SRMs) deliver both extended range and cost advantages. With the HAVOC Missile System, we’re expanding the boundaries of hypersonic capabilities, providing flexible, high-performance options at scale. This commitment to delivering tailored, market-driven solutions sets Ursa Major apart as a trusted partner for our customers.
Ursa Major is expanding its defense portfolio and scaling infrastructure to meet the growing demands for high-performing propulsion designed with affordability, performance, and production in mind. As Ursa Major continues to expand its in-space defense and solid rocket motor products, alongside the rapid advancement of its liquid rocket engines, the company is expecting significant demand of its technology. Continued flight-proven technologies and innovative solutions to defense technology production points to strong growth as the company continues to scale its products and workforce.
Ursa Major Employee Perspectives
“With this contract, we’re expanding our partnership with the U.S. Navy to build a faster, more resilient, and more innovative solid rocket motor supply base. Ursa Major’s MK 104 solution is designed to not only perform, but also optimize manufacturing, scale production, and deliver capability to Sailors in the fleet where it counts,” said Jason Meredith, president, Solid Missile Systems at Ursa Major.
What People Are Saying About Ursa Major
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Investor Backing & Capital Strength: Fresh capital includes a $100M Series E in November 2025 plus $50M in debt, following a $138M round in December 2023, providing resources to scale manufacturing and expand product lines. Disclosures of over $115M in bookings through the first three quarters of 2025 align with capital aimed at ramping hypersonics, SRMs, and space mobility.
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Product Line Growth: The company expanded beyond liquid engines (Hadley, Ripley, Draper) into solid rocket motors and unveiled the HAVOC hypersonic missile system, with continued SRM development and live fires into 2026. New infrastructure such as a 400‑acre SRM test site supports qualification and larger‑scale production.
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Strategic Partnerships: Engagements include AFRL’s $28.6M award spanning responsive space and hypersonics, a $32.9M Stratolaunch order for 16 upgraded Hadley H13 engines, and Navy‑linked SRM investments and contracts. Multiple touchpoints with AFRL, the U.S. Navy, and defense initiatives suggest deeper integration that can underpin multi‑year growth.
