The race to plug the gap in solid rocket motor production has been evolving, with the finish line moving farther and farther away and new questions emerging.
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.