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Venture Capital: Rocket Propulsion Startup Ursa Major Lands $138M
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Venture Capital: Rocket Propulsion Startup Ursa Major Lands $138M

dailyalts
2 years ago
Ursa Major Technologies recently closed its Series D and D-1 funding rounds, securing a substantial $138 million investment led by Explorer 1 Fund and Eclipse, with participation from RTX Ventures, BlackRock-managed funds, Exor Ventures, Mack & Co., LLC, XN, and other institutional shareholders. This funding infusion is set to propel Ursa Major's innovative Lynx solid rocket motor (SRM) program, supporting production capacity expansion and advancement in multiple propulsion initiatives.

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