Ursa Major Technologies Secures $100 Million Series E Funding

Ursa Major Technologies, a Colorado-based aerospace and defense firm, has successfully closed a $100 million Series E financing round, complemented by an additional $50 million in debt commitments. This funding, led by Eclipse and supported by investors including Woodline Partners, Principia Growth, XN, and Alsop Louie Partners, aims to enhance the company's manufacturing capabilities for hypersonic propulsion systems and solid rocket motors.

Ursa Major Raises $100 Million Series E Round, Garners Additional $50 Million Debt Funding, And Books $115 Million in Contracts

The recent funding comes as Ursa Major reported over $115 million in bookings during the first three quarters of 2025, reflecting strong demand from both government and commercial sectors. Key contracts include those with the U.S. Department of Defense, the U.S. Air Force Research Laboratory, Stratolaunch, and BAE Systems. The company plans to utilize the new capital to accelerate production of its throttleable, storable liquid-fueled hypersonic engines and expand its solid rocket motor manufacturing capacity. This strategic move positions Ursa Major to meet urgent industrial base needs in the United States and among allied nations.

Ursa Major Raises $100 Million Series E Round, Garners Additional $50 Million Debt Funding, And Books $115 Million in ContractsUrsa Major Closes $100M Series E

To support its growth trajectory, Ursa Major has appointed Ronald Sugar and Gilman Louie to its board, enhancing its leadership team. The company has already achieved significant milestones, including successful flight operations of its hypersonic engines and advancements in its solid rocket motor programs. Ursa Major emphasizes its commitment to leveraging advanced production techniques and flexible architecture to deliver scalable, flight-proven systems across various domains, including land, air, sea, and space.

Ursa Major Raises $100 Million Series E Round, Garners Additional $50 Million Debt Funding, And Books $115 Million in Contracts

While Ursa Major's achievements and funding are notable, some industry observers express concerns about the sustainability of such rapid growth in the aerospace sector. Critics argue that the increasing reliance on private funding for defense capabilities may lead to potential risks in national security if not managed properly. They emphasize the need for a balanced approach that includes robust oversight and collaboration with traditional defense contractors.

Ursa Major Raises $100 Million Series E Round, Garners Additional $50 Million Debt Funding, And Books $115 Million in Contracts

Dan Jablonsky, CEO of Ursa Major Technologies, stated, “This investment gives us the tools to solve critical strategic industrial base and national security challenges for the United States and our allies.” Lior Susan, a founding partner at Eclipse, remarked, “Ursa Major is doing what few others in defense have achieved—scaling manufacturing and supply chains to deliver hypersonic systems and advanced propulsion at industrial scale.”

Ursa Major Raises $100 Million Series E Round, Garners Additional $50 Million Debt Funding, And Books $115 Million in ContractsUrsa Major Closes $100M Series E

• “KEY QUOTES: “This year, our Ursa Major team has proven we are building the next great aerospace and defense company.” — Dan Jablonsky, CEO, Ursa Major Technologies

Ursa Major Raises $100 Million Series E Round, Garners Additional $50 Million Debt Funding, And Books $115 Million in Contracts

• “Ursa Major is doing what few others in defense have achieved — scaling manufacturing and supply chains to deliver hypersonic systems and advanced propulsion at industrial scale.” — Lior Susan, Founding Partner, Eclipse

Ursa Major Raises $100 Million Series E Round, Garners Additional $50 Million Debt Funding, And Books $115 Million in Contracts

Ursa Major Technologies is poised to play a critical role in the aerospace and defense sectors, leveraging its recent funding to enhance manufacturing capabilities and meet the evolving demands of national security. As the company continues to secure significant contracts and expand its operations, it remains to be seen how it will navigate the challenges and opportunities within this rapidly changing industry landscape.

Ursa Major Raises $100 Million Series E Round, Garners Additional $50 Million Debt Funding, And Books $115 Million in Contracts