Ursa Major Technologies

Ursa Major Technologies

A manufacturing company that specializes in producing solutions for microsatellite operations. It was founded in 2015 and is located in Berthoud, Colorado.

Company

Ursa Major Technologies is a Colorado-based technology company with a focus on designing and manufacturing propulsion solutions for microsatellites and nanosatellites. It operates in both the commercial and defense sectors. Its products are intended to be used by aerospace startups that are looking to outsource the production of its engines rather than spending the time, energy, and money by making them on-site. It has created partnerships with at least two aerospace startups, Generation Orbit and ABL Space Systems.

Product

The company has designed two engines by the names of Hadley and Ripley. The latter is a result of an evolution of the former and both are combustion engines. Hadley is a 5,000-pound-force liquid oxygen and kerosene engine capable of launching various vehicles into the orbital and suborbital zones around Earth. It consists of integrated fluid controls and electronic subsystems. Ripley varies from Hadley in that it is a 35,000-pound engine that provides a boost propulsion solution for vehicles intended for space orbit.

Funding

Series A

On November 28, 2017 Ursa Major Technologies announced raising $8 million in series A funding from Space Angels, Dolby Family Ventures, and Alsop Louie Partners.

Series B

On July 1, 2019 Ursa Major Technologies announced raising $15. 5 million in series B funding from Alpha Edison (lead investor), Space Angels, and Dylan Taylor.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Ursa Major Technologies funding round, July 2019
15,500,000
July 1, 2019
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People

Name
Role
LinkedIn

Joe Laurienti

Founder and CEO

Nick Doucette

COO

Further reading

Title
Author
Link
Type
Date

Ursa Major aims to disrupt launcher vertical integration trend - SpaceNews.com

Caleb Henry

Web

August 7, 2018

Ursa Major Technologies wants outsourcing engines to be the norm - SpaceNews.com

Caleb Henry

Web

September 9, 2018

Documentaries, videos and podcasts

Title
Date
Link

Joe Laurienti, Ursa Major Technologies at The Montgomery Summit 2017

May 30, 2017

Companies

Company
CEO
Location
Products/Services

References

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