rocket engines
Rocket engine supplier Ursa Major raises $85 million in new funding round
Ursa Major, a Colorado-based manufacturer of liquid engines for small space launchers and hypersonic vehicles, announced Dec. 7 it has closed an $85 million Series C fundraising round.
An embarrassment of rockets?
Launch vehicle startups remain focused on unique engine designs. At last count, there were 129 rocket startups, Rich Pournelle, NanoRacks senior vice president for business development, said at a recent conference. How many will survive?
With debt down and cash up, Aerojet Rocketdyne hunting for acquisitions
"It doesn't necessarily mean buying a company. It could be buying a product line. It could be buying a portion of a business that fits with us. We want to make sure that it's strategic."
Ursa Major Technologies wants outsourcing engines to be the norm
Founded in 2015, Ursa Major wants to build engines for companies building small launch vehicles. Most such ventures want to make nearly everything in house, just like SpaceX and Blue Origin.
