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Ursa Major Closes $138 Million In Funding To Boost Rocket Production

Cal Biesecker By
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Ursa Major Closes $138 Million In Funding To Boost Rocket Production
Prototype solid rocket motors, less than three-inches in diameter, for man-portable weapons applications. Ursa Major's proprietary technology allows for monolithic case manufacturing including incorporation of aero surfaces and internal motor features. Photo: Ursa Major

Rocket engine developer Ursa Major on Thursday said it has raised $138 million in two funding rounds this year to further development of its new process for manufacturing solid rocket motors (SRMs) and to scale production capacity and advance its liquid propulsion engines for space and hypersonic applications. The $138 million includes a Series D round concluded earlier this year and a Series D-1 round due to strong interest to accelerate development of the company’s products. The investments were led…

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