Ursa Major

Ursa Major

Develops propulsion systems for aerospace

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 a common issue in aerospace where propulsion failures have led to many launch setbacks. Ursa Major serves a variety of clients, including private space companies and government agencies, by providing ready-to-use propulsion systems 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 solutions that streamline the engine development process. The company's goal is to enhance space exploration and hypersonic travel by delivering engines that balance performance, reliability, and affordability.

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Simplify's Take

What believers are saying

  • Growing demand for hypersonic propulsion aligns with Ursa Major's focus on hypersonic engines.
  • Additive manufacturing reduces production costs and time, benefiting Ursa Major's engine production.
  • U.S. government investment in defense technologies offers contract opportunities for Ursa Major.

What critics are saying

  • Competition from SpaceX and Blue Origin threatens Ursa Major's market share.
  • Rapid technological advancements may require Ursa Major to invest heavily in R&D.
  • Reliance on government contracts exposes Ursa Major to changes in defense spending priorities.

What makes Ursa Major unique

  • Ursa Major specializes in propulsion systems for microsatellite and nanosatellite launch markets.
  • The company uses over 80% additive manufacturing for its engine components.
  • Ursa Major focuses 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

โ†“ -1%

1 year growth

โ†“ -1%

2 year growth

โ†“ -6%
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.

MBT Magazine
Dec 18th, 2024
RTX's Raytheon and Ursa Major Conduct Successful Flight Test

Raytheon has selected Ursa Major's advanced propulsion technology as a key enabler to provide affordable solutions for the U.S. Army at extended ranges.

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