Ursa Major is building a merchant rocket engine business, providing propulsion systems to multiple launch vehicle and hypersonic companies. The company's modular engine approach — Hadley for small vehicles, Ripley for medium, and Draper for large — aims to create a standardized propulsion supply chain for the space industry.
| Round | Amount | Valuation | Lead Investors | Date |
|---|---|---|---|---|
| Series D | $138M | $1B+ | BlackRock, RTX Ventures | Apr 1, 2024 |