Ursa Major

Ursa Major

Develops propulsion systems for aerospace industry

About Ursa Major

Simplify's Rating
Why Ursa Major is rated
B-
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Aerospace

Company Size

201-500

Company Stage

Grant

Total Funding

$274.5M

Headquarters

Berthoud, Colorado

Founded

2015

Overview

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 common propulsion issues that have led to launch failures in the past. Ursa Major serves a variety of clients, including private space companies and government agencies, by providing ready-to-use propulsion solutions that help reduce the financial and technical challenges of developing high-performance engines. Unlike many competitors, Ursa Major emphasizes making space more accessible by offering advanced propulsion technology that is both efficient and affordable. The company's goal is to enhance space exploration and hypersonic travel by delivering engines that balance performance, reliability, and cost, ensuring their clients can successfully achieve liftoff.

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Simplify's Take

What believers are saying

  • Successful hypersonic test flights demonstrate Ursa Major's leadership in hypersonic technology.
  • Multi-year contracts for integrated propulsion systems boost financial stability and growth.
  • $12.5 million military investment highlights strategic importance of their solid rocket motors.

What critics are saying

  • Competition from SpaceX and Blue Origin threatens Ursa Major's market share.
  • Rapid technological advancements may outpace Ursa Major's current capabilities.
  • Potential delays in government contracts could impact revenue streams.

What makes Ursa Major unique

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

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Funding

Total Funding

$274.5M

Above

Industry Average

Funded Over

7 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

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

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↑ 0%

2 year growth

↓ -8%
PR Newswire
May 5th, 2025
Ursa Major'S Hadley Engine Achieves Sustained Hypersonic Speeds

Two Successful Test Flights with Stratolaunch Reach Greater Than Hypersonic Speed and Feature Historic First LandingDENVER, May 5, 2025 /PRNewswire/ -- Ursa Major's Hadley liquid rocket engine designed for commercial space and national security needs, successfully achieved sustained hypersonic speeds during two separate tests conducted since late 2024. Both test flights exceeded flight and power objectives for Stratolaunch's Talon-A2 (TA-2) testbed and also featured the successful recovery of the hypersonic testbed vehicle post-landing for re-use."With these successful sustained hypersonic flights, Ursa Major and Stratolaunch are pushing the boundaries of hypersonic technology and building a track record of achievement. Ursa Major is answering the call from our military and government partners to innovate and meet the mission to provide critical national security capabilities, while continuing to assert ourselves as a hypersonics category leader for the warfighter," said Ursa Major CEO Dan Jablonsky.Hadley is a 5,000-pound-thrust (lbf) liquid oxygen and kerosene, oxygen-rich staged combustion cycle reusable rocket engine for small vehicles or hypersonic applications. In addition to the two recent hypersonic flights, Hadley flew its first successful flight, achieving high supersonic speeds with Stratolaunch, completing three successful flights in one calendar year. Hadley enables the U.S. Department of Defense to field new mission solutions faster and advances performance metrics of speed, range, and payload.Hadley is the first product in a family of propulsion systems, including liquid rocket engines, solid rocket motors, and in-space propulsion systems, being designed, developed, and produced by Ursa Major.About Ursa MajorUrsa Major is an aerospace and defense company, providing products and solutions for hypersonic, tactical missile, and space mobility systems

PR Newswire
Mar 13th, 2025
Ursa Major To Deliver Chemical Propulsion Capability For Tactical Satellite Bus Systems

DENVER, March 13, 2025 /PRNewswire/ -- Ursa Major has been awarded a contract for delivery of fully integrated GEO propulsion systems for a customer focused on critical space missions. The multi-year award totaling $10 to $15 million supports the development, manufacturing, assembly, integration, and testing of a full propulsion system capable of six degree-of-freedom maneuverability

Interesting Engineering
Feb 18th, 2025
Iron Dome for America: US firm pitches powerful hypersonic engine for missile defense

In 2023, the US Air Force awarded Ursa Major a contract to develop its Draper and Arroway engines.

SpaceNews
Feb 17th, 2025
Ursa Major eyes 'Iron Dome' applications for its mid-size rocket engine

WASHINGTON - Rocket propulsion startup Ursa Major is accelerating development and testing of its Draper liquid rocket engine in collaboration with U.S. defense agencies and military contractors.

Defence Blog
Dec 19th, 2024
Next-gen rocket motor clears crucial development phase

Ursa Major, which has conducted nearly 300 static test fires this year alone, is leveraging its capabilities to produce agile solid rocket motor solutions at an accelerated pace.

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