Ursa Major is set to transform rocket motor technology with a new $12.5 million contract from the U.S. Navy and the Department of Defense’s Office of Strategic Capital (OSC). This funding, matched by Ursa Major, will significantly advance the development of solid-fuel rocket engines.
- $12.5M Contract and Match Funding: Ursa Major has secured a $12.5 million contract for developing solid-fuel rocket engines, with the company matching this amount to total $25 million.
- Efficiency through 3D Printing: Ursa Major’s use of 3D printing dramatically reduces production time from over a year to under a month, allowing for more efficient manufacturing of rocket motor parts.
- Supply Challenges: The investment aims to counteract the current shortage of solid rocket motors and modernize outdated production techniques.
The $12.5 million contract positions Ursa Major to lead in 3D-printed rocket motor innovation, enhancing production efficiency and supporting critical defense needs.
