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: A $138M Series D/D-1 (Nov 30, 2023) followed by a $100M Series E plus $50M in debt (Nov 18, 2025) provides substantial resources for scaling. Management links this capital to accelerating production across hypersonics, solid rocket motors, and space mobility.
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Market Expansion: A new Longmont, Colorado manufacturing facility opened on August 20, 2026 alongside a broader multi‑site build‑out, with the state citing potential for up to 1,850 new jobs. Company updates say it “completed the next phase” of its scaling plan, indicating increased capacity.
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Product Line Growth: Hot‑fires and flight activity across Draper and solid‑rocket‑motor programs, plus an SRM pathfinder completion and the unveiling of HAVOC, mark a shift from R&D toward production. Government awards in hypersonics and SRMs (e.g., $28.6M AFRL; $10M Navy MK 104) broaden applications and demand.
