Startup profile · funding coverage
Ursa Major funding, valuation and investors
Develops engines and propulsion systems for hypersonics, solid rocket motors, launch and space mobility.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series E
$100M equity + $50M debt commitments · November 18, 2025
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Berthoud, Colorado
Investors in latest funding
Lead: Eclipse
Other: Woodline Partners , Principia Growth , XN , Alsop Louie Partners
Overview
Ursa Major is a Berthoud, Colorado aerospace and defense company building propulsion for hypersonic systems, solid rocket motors, space mobility and launch. It uses advanced and additive manufacturing across facilities in Colorado and Ohio.
Why Ursa Major is interesting
Its Series E separated $100 million of equity from $50 million of debt commitments and tied the financing to more than $115 million in company-reported bookings.
Product & use cases
Ursa Major develops liquid and solid propulsion across hypersonic, missile, launch and in-space applications. The company aims to give defense and aerospace customers reusable propulsion building blocks instead of requiring a new engine program for each vehicle.
- Hypersonic flight systems
- Solid rocket motors for defense programs
- Launch and sustained space mobility propulsion
Key facts
- Closed a $100 million Series E and disclosed $50 million in separate debt commitments on November 18, 2025.
- Reported more than $115 million in bookings through the first three quarters of 2025.
Funding history (newest first)
Series E
2025-11-18 $100M equity + $50M debt commitments- Eclipse (lead)
- Woodline Partners (participant)
- Principia Growth (participant)
- XN (participant)
- Alsop Louie Partners (participant)
Source: Read source · ursamajor.com
Investors in our directory
Funds linked from Ursa Major's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Ursa Major spans several propulsion architectures and uses additive manufacturing to shorten development cycles. Its breadth creates cross-program scale but also increases qualification, execution and capital requirements.
X-Bow and Firehawk are narrower venture-backed comparisons in advanced solid-motor manufacturing. Ursa Major also competes across liquid engines, hypersonics and space propulsion, closer to broader incumbent portfolios.
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Firehawk Defense direct
Thermoplastic propellant and small-diameter solid rocket motors.
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X-Bow Systems direct
Advanced-manufactured solid rocket motors and energetic systems.
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Aerojet Rocketdyne incumbent
Established propulsion supplier.
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Northrop Grumman incumbent
Established solid rocket motor producer.
Industries
Market / IPO context
Editorial / static context — not a live quote.
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