Ursa Major Technologies raises $100M

BERTHOUD —  Ursa Major Technologies Inc. has raised $100 million in its Series E funding round and received an additional $50 million in debt funding commitments support its goals of scaling manufacturing and production across product lines, according to a news release.

“This year, our Ursa Major team has proven we are building the next great aerospace and defense company. Our investors recognize our milestones this year – flying hypersonic several times, advancing our solid rocket motor programs, completing tests for space propulsion systems, and securing a record booking portfolio – are just the start of this next chapter for our company,” said Dan Jablonsky, CEO of Ursa Major in the release. “This investment gives us the tools to solve critical strategic industrial base and national security challenges for the United States and our allies.”

Investors in this funding round included Eclipse, Woodline Partners, Principia Growth, XN, and Alsop Louie Partners, among other institutional shareholders, the release said.

Ursa Major also announced more than $115 million in bookings through the first three quarters of 2025, which includes both government and commercial partnerships with the U.S. Department of Defense, U.S. Air Force Research Laboratory,  Stratolaunch, and BAE Systems, the release stated.  

Ursa Major is using this investment to field its throttleable, storable, liquid-fueled hypersonic and space-based defense solution, as well as scale its solid rocket motor and sustained space mobility manufacturing capacity, the release statd.

“Ursa Major is doing what few others in defense have achieved — scaling manufacturing and supply chains to deliver hypersonic systems and advanced propulsion at industrial scale,” said Lior Susan, Founding Partner at Eclipse in the release. “The Eclipse team is proud to support their mission to strengthen the U.S. and allied industrial base with real capability, built here and built now.”

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