Ursa Major Technologies, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Ursa Major Technologies, Inc. is a Berthoud, Colorado-based aerospace and defense company founded in 2015, specializing in the development and manufacturing of advanced propulsion systems to bolster U.S. military and space capabilities across hypersonics, solid rocket motors, and in-space mobility. Ursa Major's innovative approach addresses critical shortfalls in the U.S. defense industrial base, such as SRM production, by enabling high-volume output of 200+ motors per year across multiple diameters on shared lines, while advancing storable, throttleable technologies for affordable mass munitions and resilient space operations. Products: 1. Hypersonics Propulsion: Storable, throttleable liquid rocket engines designed for maneuverability and flexibility in high-speed applications, including the Draper engine, which powers affordable mass munitions and enables rapid development cycles, as demonstrated by the Affordable Rapid Missile Demonstrator (ARMD) achieving full-duration static fires in under six months. 2. Solid Rocket Motors (SRMs): Scalable, surge-ready missile propulsion systems offering extended range and faster fielding, produced via a common modular manufacturing approach that supports multiple motor sizes on the same line at rates exceeding 200 units per year, addressing U.S. industrial shortfalls for critical munitions. 3. Space Propulsion: Tactically responsive systems for satellites, launch vehicles, and orbit transfer, including turnkey propulsion for microsatellites, liquid oxygen and kerosene-based combustion engines, and boost propulsion to enable rapid mobility, resilient operations, and on-orbit defense.
Keywords
Keywords
Classified
Private