Ursa Major raises $138 million in private investment capital
The rocket engine startup Ursa Major has successfully raised an additional $138 million in private investment capital in an extended round of fund-raising.
Rocket propulsion startup Ursa Major announced Nov. 30 it has raised $138 million in Series D and D-1 funding rounds. Investors include Explorer 1 Fund and Eclipse, RTX Ventures, funds and accounts managed by BlackRock, Exor Ventures, Mack & Co., XN and other institutional shareholders.
Based in Berthoud, Colorado, Ursa Major manufactures liquid engines for small space launchers and hypersonic vehicles, and recently announced plans to expand into solid rocket motors. An initial Series D round was completed earlier this year. But Ursa Major said it extended fundraising to include a Series D-1 round “due to strong interest in accelerating development on several future programs.”
The company’s decision to enter the solid rocket motor market was apparently greeted with enthusiasm by investors. The biggest user of these motors is the U.S. military, and it desperately needs more provides to refresh its stockpile, since so much of that stockpile has been shipped to the Ukraine.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
The rocket engine startup Ursa Major has successfully raised an additional $138 million in private investment capital in an extended round of fund-raising.
Rocket propulsion startup Ursa Major announced Nov. 30 it has raised $138 million in Series D and D-1 funding rounds. Investors include Explorer 1 Fund and Eclipse, RTX Ventures, funds and accounts managed by BlackRock, Exor Ventures, Mack & Co., XN and other institutional shareholders.
Based in Berthoud, Colorado, Ursa Major manufactures liquid engines for small space launchers and hypersonic vehicles, and recently announced plans to expand into solid rocket motors. An initial Series D round was completed earlier this year. But Ursa Major said it extended fundraising to include a Series D-1 round “due to strong interest in accelerating development on several future programs.”
The company’s decision to enter the solid rocket motor market was apparently greeted with enthusiasm by investors. The biggest user of these motors is the U.S. military, and it desperately needs more provides to refresh its stockpile, since so much of that stockpile has been shipped to the Ukraine.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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