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Full-Time

Capital Projects Manager

Updated on 9/4/2024

Ursa Major

Ursa Major

201-500 employees

Develops propulsion systems for aerospace

Hardware
Aerospace

Compensation Overview

$125k - $165kAnnually

Mid, Senior

Loveland, CO, USA

US Citizenship Required

Category
Materials & Structures
Research & Development
Aerospace Engineering
Required Skills
CAD
Requirements
  • Bachelor’s degree in Civil Engineering, Construction Management, Mechanical Engineering or related field.
  • 3-5 years of experience in capital project management, preferably in the aerospace or manufacturing industry.
  • Professional Engineer (PE) license, Project Management Professional (PMP) certification, or General Contracting License is a plus.
  • Proficiency in project management software (e.g., Microsoft Project, Primavera, etc.) and computer-aided design (CAD) tools.
  • Strong analytical skills and attention to detail, with the ability to solve complex problems and make data-driven decisions.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external partners.
  • Knowledge of relevant regulatory requirements, building codes, and industry best practices.
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple projects simultaneously.
Responsibilities
  • Collaborate with program managers and leadership to develop capital project plans related to facility expansion, equipment installation, and infrastructure upgrades. Create detailed schedules and estimates that adhere to project timelines and budgets.
  • Provide onsite supervision and oversight during the construction phase of projects. Monitor progress, resolve issues, and ensure compliance with design specifications, safety protocols, and environmental regulations.
  • Collaborate with internal teams and external partners to develop engineering designs, specifications, and layouts for new construction and renovation projects. Ensure that designs meet regulatory requirements, industry standards, and company objectives.
  • Manage procurement activities in conjunction with Ursa Supply Chain, including sourcing materials, equipment, and services from vendors and contractors. Evaluate bids, negotiate contracts, and oversee vendor performance to ensure quality and cost-effectiveness.
  • Monitor project expenditures, track variances, and implement corrective actions as necessary to ensure adherence to budgetary constraints. Work closely with program managers and leadership to advise on budgetary forecasts and risks.
  • Ensure compliance with relevant building codes, zoning regulations, environmental permits, and other legal requirements governing construction and facility operations.
  • Maintain open and transparent communication with project stakeholders, including internal teams, contractors, regulatory agencies, and senior management. Provide regular updates on project status, milestones, and risks.
  • Implement rigorous quality assurance and quality control processes to ensure that construction work meets the highest standards of safety, reliability, and performance.

Ursa Major develops propulsion systems specifically for the aerospace industry, focusing on engines 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's products work by providing launch-ready propulsion solutions that help clients, including private space companies and government agencies, overcome the challenges of developing high-performance engines. What sets Ursa Major apart from its competitors is its commitment to democratizing access to space, making advanced propulsion technology more accessible and affordable. The company's goal is to enhance space exploration and hypersonic travel by delivering engines that balance performance, reliability, and cost, ensuring that clients can achieve successful launches with less financial and technical burden.

Company Stage

Series D

Total Funding

$361.5M

Headquarters

Berthoud, Colorado

Founded

2015

Growth & Insights
Headcount

6 month growth

8%

1 year growth

10%

2 year growth

7%
Simplify Jobs

Simplify's Take

What believers are saying

  • Ursa Major's innovative propulsion solutions have the potential to significantly reduce the cost and increase the reliability of space launches, making space more accessible.
  • The company's successful testing and deployment of engines like the Draper hypersonic rocket engine demonstrate its technological prowess and market readiness.
  • The appointment of Bill Nash as CFO, with his extensive experience in financial strategy, positions Ursa Major for robust financial growth and operational efficiency.

What critics are saying

  • The highly competitive aerospace market requires continuous innovation and substantial investment, posing financial risks if technological advancements do not keep pace.
  • Dependence on government contracts, such as those with the U.S. Navy, could lead to revenue volatility if there are changes in defense spending or contract renewals.

What makes Ursa Major unique

  • Ursa Major's focus on propulsion systems for both space launch vehicles and hypersonic applications sets it apart in the aerospace industry, where many competitors specialize in only one area.
  • The company's use of advanced manufacturing techniques, such as 3D printing, allows for faster and more cost-effective production of high-performance engines, a significant advantage over traditional manufacturing methods.
  • Ursa Major's strategic contracts with the U.S. Navy for developing next-generation solid rocket motors highlight its credibility and capability in delivering critical defense technologies.