Ursa Major Technologies is joining the rush to the public markets, though opting for the route of using a special purpose acquisition company (SPAC) rather than initial public offering.
Stratolaunch says its Boeing 747-400 carrier aircraft successfully deployed the firm’s latest reusable Talon hypersonic vehicle in March for the U.S. MDA.
Ursa Major has unveiled a new hypersonic missile designed to be produced at a large scale and with the potential to be used as both a weapon and a target.
Ursa Major, a startup that builds propulsion systems for hypersonics, solid rocket motors, in-space mobility and space launch, has raised $100 million.
The award represents a breakthrough into solid rocket propulsion for Ursa Major, and comes as the Pentagon faces a major shortfall in SRM production capacity.