Ursa Major Secures $100 Million Series E Funding and $50 Million Debt Funding

Ursa Major, an aerospace and defense company, has successfully closed a $100 million Series E funding round, in addition to securing $50 million in debt funding commitments. The funding round saw the participation of both new and long-standing supporters of Ursa Major's mission, including Eclipse, Woodline Partners, Principia Growth, XN, and Alsop Louie Partners.

Furthermore, the company announced over $115 million in bookings through the first three quarters of 2025, encompassing government and commercial partnerships with entities such as the U.S. Department of Defense, U.S. Air Force Research Laboratory, Stratolaunch, and BAE Systems. The investment will facilitate scaling manufacturing and production across product lines to address critical strategic industrial base and national security challenges.

Ursa Major aims to deliver capabilities faster and more affordably than traditional providers, focusing on areas such as throttleable, storable, liquid-fueled hypersonic and space-based defense solutions, as well as scaling solid rocket motor and sustained space mobility manufacturing capacity. Lior Susan, Founding Partner at Eclipse, praised Ursa Major's scale manufacturing efforts, highlighting the company's mission to strengthen the U.S. and allied industrial base with real capability.

Additionally, Ursa Major welcomed Ronald Sugar and Gilman Louie to their corporate board and has demonstrated successful flights of hypersonic engines and tactical missiles since the last funding round. Ursa Major, headquartered in Berthoud, Colorado, operates additive manufacturing operations in Youngstown, Ohio, and is focused on revitalizing the defense industrial base for the U.S. and its allies. The company aims to accelerate the delivery of critical capabilities across various domains, including land, air, sea, and space. For more information, visit www.ursamajor.com.