Ursa Major plans $2.3 billion public listing through SPAC merger

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Colorado-based Ursa Major, which has expanded from rocket-engine manufacturing into hypersonic missiles and solid rocket motors, plans to go public through a merger with a special purpose acquisition company. The transaction would value the combined business at approximately $2.3 billion.

Discovered 2026-08-25T03:50:30.759023-07:00 | 2026-08-25T03:50:30.759023-07:00

Briefing

What Hype is tracking

  • The proposed transaction would value Ursa Major at approximately $2.3 billion and give the defense technology company access to public-market capital.
  • Ursa Major’s expansion across rocket engines, hypersonic missiles and solid rocket motors reflects the growing overlap between propulsion suppliers and strategic-weapons developers.
  • The SPAC route provides a notable alternative to a conventional IPO for defense companies seeking to scale in specialized, capital-intensive markets.

Reported By

SpaceNews.com Aviation Week
Sources Tracked
2
First Seen
2026-08-25T03:50:30.759023-07:00
Latest Update
2026-08-25T05:45:42.539902-07:00
Coverage
Defense

Sources

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