Ursa Major Goes Public
7 sources · first reported 20d ago
Ursa Major, a hypersonics and solid rocket motor manufacturer, is going public through a $2.3 billion SPAC deal. The transaction is expected to close in early 2027 and will help the company increase its production capacity. This deal will provide Ursa Major with the necessary funds to expand its operations and meet the growing demand for its products.
Why it matters
Ursa Major's decision to go public is significant as it will provide the company with the necessary funds to expand its operations and meet the growing demand for its hypersonics and solid rocket motor products, which are critical for the development of advanced defense systems.
Independent Media 7
Single-source: Independent Media
Development timeline
How this story unfolded across sources, oldest first.