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Ursa Major Technologies

Rocket propulsion and solid rocket motor manufacturer for hypersonics, space, and missile defense.

Ursa Major Technologies develops liquid and solid rocket propulsion, including the Arroway 200,000-lbf engine and Lynx solid rocket motor manufacturing process. Founded in 2015 by Joe Laurienti (CEO 2015-Aug 2024), the company was led by Dan Jablonsky from August 2024 until his departure February 19, 2026 to become Sierra Space's CEO; current CEO is Chris Spagnoletti (since Feb 19, 2026, previously President of Liquid Systems since 2022).

Overview

Headquarters
Berthoud, CO
Founded
2015
Employees
~270 (2023 figure, stale)
Total funding
$497M-$544M (aggregators disagree)
Valuation
~$600M (single-source)
Stage
Series E
Status
active
Domains

Founders3

Investors0

No linked records yet.

Cap table0

Approximate ownership by holder. Indexed holders link to their records.

No disclosed ownership for this round
HolderInstrumentOwnership

Contracts2

Programs0

No linked records yet.

Frequently asked

What does Ursa Major Technologies do?
Ursa Major Technologies develops liquid and solid rocket propulsion, including the Arroway 200,000-lbf engine and Lynx solid rocket motor manufacturing process. Founded in 2015 by Joe Laurienti (CEO 2015-Aug 2024), the company was led by Dan Jablonsky from August 2024 until his departure February 19, 2026 to become Sierra Space's CEO; current CEO is Chris Spagnoletti (since Feb 19, 2026, previously President of Liquid Systems since 2022).
Where is Ursa Major Technologies headquartered?
Ursa Major Technologies is headquartered in Berthoud, CO and was founded in 2015.
How much funding has Ursa Major Technologies raised?
Ursa Major Technologies has raised $497M-$544M (aggregators disagree) in disclosed funding, at a most recent valuation of ~$600M (single-source).
Does Ursa Major Technologies hold government contracts?
Defense Tech Atlas links Ursa Major Technologies to 2 government contracts.

Tags

Sources & citations5

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    Chris Spagnoletti named new CEO of Ursa Major as Jablonsky departs, effective February 19, 2026; Spagnoletti previously President of Liquid Systems since 2022

    Defense Daily: Spagnoletti Named New CEO Of Ursa Major As Jablonsky Departs
    Verified2026-02-19
  2. 2

    Ursa Major raises $100 million to scale hypersonics, solid rocket motors, and space mobility, closing its Series E, led by Eclipse with Woodline Partners, Principia Growth, XN, and Alsop Louie Partners

    Ursa Major: Ursa Major Raises $100 Million to Scale Hypersonics, Solid Rocket Motors and Space Mobility
    Verified2025-11-18
  3. 3

    Ursa Major raises $85 million in Series C funding, with BlackRock-managed funds, XN, Explorer 1, Alsop Louie, Alpha Edison, Dolby Family Ventures, Space Capital, and Harpoon Ventures

    Ursa Major: Ursa Major Raises $85 Million in Series C Funding
    Verified2021-12-07
  4. 4

    AFRL awards Ursa Major a $28,565,857 firm-fixed-price contract for the Draper engine, covering responsive space, hypersonic, and on-orbit propulsion

    Ursa Major: AFRL Awards Ursa Major $28.6M Contract for Responsive Space, Hypersonic and On-Orbit Propulsion
    Verified2025-05-02
  5. 5

    Ursa Major and the US Navy make a $25 million joint investment in a new solid rocket motor prototype ($12.5M Office of Strategic Capital/Navy matched to $12.5M Ursa Major)

    Ursa Major: Ursa Major and US Navy Make $25 Million Joint Investment in New Solid Rocket Motor Prototype
    Verified2024-09-18