Ursa Major Secures $12.5M Contract from U.S. Military for 3D-Printed Rocket Motors

The funding from the Pentagon's Office of Strategic Capital and the Navy aims to innovate solid rocket motor production amid supply shortages.

Ursa Major will match the $12.5 million investment, bringing the total funding for the project to $25 million.
This marks one of the first publicly announced investments from the Pentagon's Office of Strategic Capital, established to boost defense tech innovations.
The contract addresses a critical need for new solid rocket motors as existing supplies are strained by ongoing conflicts in Ukraine and Israel.
Ursa Major's 3D printing technology significantly reduces production time, producing rocket motors in under a month compared to over a year with traditional methods.
The funding will support the design, manufacture, and testing of a solid rocket motor prototype, enhancing the defense industrial base's supply chain.