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Startup · United States

Ursa Major

HQ Berthoud, United StatesFounded 2015

Colorado-based propulsion company producing additively manufactured solid rocket motors and liquid engines.

WebsiteLinkedInX

Products1

HAVOC (Ursa Major)

Low-cost hypersonic missile system from Ursa Major.

Development
Unveiled
Feb 24, 2026

Newest unveiled first. Open a product for its milestone timeline, components and sources.

Technologies1

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

Funding10 rounds · ~$773M

Disclosed
~$773M
Latest
$350MSPAC · Aug 25, 2026
Cumulative raised$773M
Jun 23, 2017Aug 25, 2026
Valuation over time$2.30B · Aug 25, 2026
Valuation over timeReported valuation rose from $7.0M (Jun 23, 2017) to $2.30B (Aug 25, 2026) across 8 valued rounds. 7 post-money, 1 pre-money.
Valuations by round
AnnouncedStageValuationBasis
Jun 23, 2017Seed$7.0MPost-money
Nov 17, 2017Series A$27.2MPost-money
Jun 18, 2019Series B$75.1MPost-money
Dec 29, 2020Series B$108MPost-money
Dec 7, 2021Series C$382MPost-money
Apr 25, 2023Series D$400MPre-money
Nov 18, 2025Series E+$600MPost-money
Aug 25, 2026SPAC$2.30BPost-money
  • SPAC
    With XN
    Valuation $2.30B
    Confirmed
    $350M
    Aug 25, 2026
  • Debt
    Confirmed
    $50.0M
    Nov 18, 2025
  • Series E+
    With XN
    Valuation $600M
    Confirmed
    $100M
    Nov 18, 2025
  • Series D
    Led by Eclipse Ventures, Explorer 1 Fund
    With BlackRock, RTX Ventures, XN
    Confirmed
    $38.0M
    Nov 30, 2023
  • Series D
    With BlackRock, Space Capital
    Valuation $400Mpre
    $100M
    Apr 25, 2023
  • Series C
    Led by BlackRock
    Valuation $382M
    $85.0M
    Dec 7, 2021
  • Series B
    Valuation $108M
    Confirmed
    $15.0M
    Dec 29, 2020
  • Series B
    Valuation $75.1M
    Confirmed
    $25.3M
    Jun 18, 2019
  • Series A
    Valuation $27.2M
    Confirmed
    $8.0M
    Nov 17, 2017
  • Seed
    Valuation $7.0M
    Speculative
    ~$1.4M
    Jun 23, 2017

Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.

Government awards & programs2 awards · up to $22.5M ceiling

Awards received2

  • MK 104 solid rocket motor critical design review and static fire
    Jul 15, 2026 · Contract
    Up to $10.0M
    Ceiling
  • Joint OSC-Navy investment to mature Lynx SRM manufacturing
    Sep 18, 2024 · Contract
    Up to $12.5M
    Ceiling

Obligated is what has been committed so far; ceiling is the most the award can reach. Joint values cover all recipients and are excluded from this company’s money totals.

Supply chain1 input · 2 facilities

Produces, processes or develops1

  • Develops
    Additively manufactured SRMs (Lynx), including 2.75-inch and MK 104 motors.
    CriticalReported

Facilities2

  • Berthoud headquarters
    Headquarters · Berthoud, Colorado, United States
    Operating
    Confirmed
  • Longmont manufacturing facility
    Factory · Longmont, Colorado, United States
    Operating · 2026
    Confirmed

People2

Sources22

Profile2

  1. 1

    Black Flag · Supports Organization

    “This company designs and manufactures high-performance propulsion and defense systems—including rocket engines and solid rocket motors—for land, air, sea, and”
  2. 2

    Ursa Major · Supports Organization · name

    “Fly Faster | Ursa Major”

Products1

  1. 3

    Ursa Major · Feb 24, 2026 · Supports System

    “Unveiled today is the “Ursa Major HAVOC Missile System,” a complete hypersonic capability designed to deliver high-speed, affordable mass at scale to meet urgent warfighter requirements”

Technologies1

  1. 4

    Ursa Major · Jul 15, 2026 · Supports Government award, Organization input, Organization technology

    “The U.S. Navy has awarded Ursa Major a $10 million development contract to advance the company's MK 104 design through critical design review and static fire.”

Funding13

  1. 5

    Wikipedia · Oct 6, 2026 · Supports Funding round, Organization · founded year

    “In 2017, Ursa Major raised US$8 million with participation from the Space Angels Network”
  2. 6

    Forge · Oct 6, 2026 · Supports Funding round · amount, Funding round · post money valuation usd

    “06/23/2017 Series Seed $1.4M $1.09 $7M Undislosed Investors”
  3. 7

    PR Newswire · Aug 25, 2026 · Supports Funding round · amount, Funding round · post money valuation usd

    “The transaction is supported by at least $350 million of PIPE commitments, of which approximately $110 million will be funded at signing of the business combination agreement.”
  4. 8

    Ursa Major · Nov 18, 2025 · Supports Funding round, Funding round · amount, Organization

    “Eclipse, who led the round”
  5. 9

    Bloomberg · Nov 18, 2025 · Supports Funding round · post money valuation usd

    “landed a $600 million valuation in a new funding round”
  6. 10

    Crunchbase News · Nov 30, 2023 · Supports Funding round · amount

    “says it has added another $38 million to its previously reported $100 million Series D”
  7. 11

    PR Newswire · Nov 30, 2023 · Supports Funding round

    “closed $138 million in its Series D and D-1 funding rounds. The investments were led by Explorer 1 Fund and Eclipse”
  8. 12

    TechCrunch · Apr 25, 2023 · Supports Funding round · amount, Funding round · post money valuation usd

    “Ursa Major has quietly closed $100 million in new funding, according to documents viewed by TechCrunch and multiple sources.”
  9. 13

    TechCrunch · Dec 7, 2021 · Supports Funding round · amount

    “an $85 million Series C led by funds and accounts managed by BlackRock”
  10. 14

    U.S. Securities and Exchange Commission · Jan 12, 2021 · Supports Funding round · amount

    “Total Amount Sold $15,009,194 USD”
  11. 15

    U.S. Securities and Exchange Commission · Nov 18, 2020 · Supports Funding round · amount

    “Total Amount Sold $25,294,147 USD”
  12. 16

    Longmont Times-Call · Nov 18, 2020 · Supports Funding round

    “Ursa Major Technologies Inc. closed out a long-running $25.26 million round by raising an additional $9.8 million in recent days.”
  13. 17

    U.S. Securities and Exchange Commission · Nov 28, 2017 · Supports Funding round · amount

    “Total Amount Sold $8,025,776 USD”

Government2

  1. 18

    Tectonic · Jul 15, 2026 · Supports Government award · ceiling usd, Organization, Organization input

    “it's been awarded a $10M contract from the US Navy to take its 3D-printed MK 104 SRM (which powers the Navy's workhorse Standard Missile family) through a critical design review and static fire tests.”
  2. 19

    Ursa Major · Sep 18, 2024 · Supports Government award, Organization

    “The OSC announced the $12.5 million joint investment contract in partnership with the US Navy to mature Ursa Major's Lynx solid rocket motor (SRM) manufacturing process.”

Supply chain1

  1. 20

    Ursa Major (PR Newswire) · Aug 20, 2026 · Supports Facility

    “Ursa Major today opened a new manufacturing facility in Longmont, Colorado, expanding production of avionics and in-space propulsion systems”

People2

  1. 21

    Ursa Major (PR Newswire) · Aug 1, 2024 · Supports Role

    “Jablonsky has been appointed Chief Executive Officer effective August 5, 2024.”
  2. 22
    CompanyAbout Us

    Ursa Major · Supports Role

    “Founded in 2015 by former SpaceX and Blue Origin propulsion engineer Joe Laurienti”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.