Ursa Major

Develops propulsion systems for aerospace

Berthoud, Colorado, United States

About Ursa Major

Ursa Major Technologies focuses on creating propulsion systems for the aerospace industry, specifically for space launch vehicles and hypersonic applications. Their engines are designed to be reliable and cost-effective, addressing a major challenge in aerospace where propulsion failures have led to many launch issues. The company serves a variety of clients, including private space companies and government agencies, by providing ready-to-use propulsion systems that help reduce the costs and complexities of developing high-performance engines. Unlike many competitors, Ursa Major emphasizes making space more accessible by offering solutions that streamline the launch process. Their goal is to enhance space exploration and hypersonic travel by delivering engines that balance performance, reliability, and affordability.

Berthoud, ColoradoHeadquarters
2015Year Founded
$267MTotal Funding
GRANTCompany Stage
AerospaceIndustries
201-500Employees

Benefits

Unlimited Paid Time Off
Paid Parental and Adoptive Leave
Medical, Dental and Vision Insurance
Health Savings Account/Flexible Spending Account
Disability Insurance
Life Insurance
Wellness Program
Retirement Savings Plan - Traditional 401(k) and a Roth 401(k)
Company Equity

Risks

Competition from established aerospace companies threatens Ursa Major's market share.
Reliance on additive manufacturing poses risks if 3D printing technology is disrupted.
Expansion into defense markets exposes Ursa Major to geopolitical risks.

Differentiation

Ursa Major specializes in propulsion systems for microsatellite and nanosatellite launches.
Over 80% of their engines are additively manufactured using innovative materials.
They focus on cost-effective, reliable propulsion solutions for space and hypersonic applications.

Upsides

Increased demand for small satellite launches boosts propulsion system innovation.
U.S. Department of Defense invests in hypersonic technologies, benefiting Ursa Major.
Advancements in additive manufacturing reduce production costs and time.

Funding

Total raised$267.04 M
Latest valuation$400.00 M
StageGRANT