Layoff
Jun 2023The company confirmed layoffs of an undisclosed number of employees; a source cited by BizWest estimated approximately 27% of the workforce. This followed weakness and consolidation in the small-launch market.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Overview
Ursa Major Technologies is a privately held U.S. aerospace and defense manufacturer founded in 2015. It develops and produces flight-proven propulsion and defense systems for hypersonics, solid rocket motors, space mobility, and launch, using additive manufacturing and modular architectures to deliver systems faster than legacy suppliers. Public materials say it has delivered more than 100 engines and conducted more than 100,000 seconds of hot-fire testing.
Primary product
Mission-ready propulsion and defense systems: Hadley and Draper liquid engines, Lynx and other solid rocket motors, hypersonic systems, and satellite/in-space propulsion.
Founded
2015
Headquarters
Berthoud, Colorado, United States
Team size
300-400 (third-party LinkedIn/company data; public figures have varied)
Work style
Flexible
Industry
Aerospace and defense manufacturing
Sub-industry
Rocket propulsion, hypersonic systems, solid rocket motors, space mobility, and additive manufacturing
Offices
Berthoud, Colorado
Galeton, Colorado
Longmont, Colorado
Youngstown, Ohio
Remote roles advertised in the United States
Business model
B2B aerospace and defense hardware
Government and defense-contract development
Commercial propulsion supply
Engineering, integration, and manufacturing programs
Funding
Stage
Late-stage private / Series E
Total raised
$442.7M
Latest round
Series E · Nov 2025
Latest amount
$100M
Nov 2025
Nov 2025 · Eclipse
People & investors
Leadership
Chief Executive Officer
Justin Siebert
Chief Operating Officer
Jason Meredith
President, Solid Missile Systems
Kip Freeman
President, Liquid Systems
Chip Niemann
Chief Financial Officer
Chris Engdahl
Chief Safety and Risk Officer
Kayla Smith
General Counsel
James Swartout
Vice President, Strategy
Nick Doucette
Work & culture
Mission-driven, fast-moving, and manufacturing-oriented. The company emphasizes national-security impact, urgency, resilience, respect, and getting results; its leadership materials also describe an execution-oriented, player-coach culture.
Work style
Flexible
Compensation
Official Colorado job postings disclose broad role-dependent estimated compensation of approximately $40,000-$250,000; exact ranges vary by position, level, experience, and location. Equity is listed as a benefit.
Benefits
Medical, prescription, dental, and vision insurance
Disability, life, and AD&D insurance
401(k)/Roth retirement plan with company match
Company stock options
Unlimited vacation, sick, and personal time
Paid holidays, including weeklong July and year-end breaks
Paid maternity, paternity, and adoptive leave
Employee referral program
Competitive pay and professional-development opportunities
Product & market
Pricing
Custom quotation and contract-based pricing; government development contracts, production agreements, and commercial propulsion/integration programs. No public standard price list.
Differentiators
- —American-made alternative to concentrated legacy rocket-motor supply
- —Additive manufacturing and modular designs intended to shorten development and production timelines
- —Flight-proven Hadley liquid engine and Draper throttleable/storable hypersonic engine
- —Integrated expansion into solid rocket motors and all-up-round defense systems
- —Flexible propulsion across hypersonics, missiles, launch, and in-space mobility
- —Rapid, surge-oriented manufacturing and scalable production
Technology
Scale & contact
Estimated revenue
Approximately $10M-$50M annually; a third-party estimate reports $32.9M for FY2025, while other company-profile estimates are lower and should be treated cautiously.
Signals & risks
Other
Nov 2025Management described a strategic pivot from primarily commercial small-launch propulsion toward defense, hypersonics, solid rocket motors, and space mobility. The pivot reflects commercial-launch market consolidation but also growing government demand.
SourceLatest news
Ursa Major · Feb 2026
Chris Spagnoletti became CEO, succeeding Dan Jablonsky, who departed after leading the company through a major growth and technical-achievement period.
SpaceNews · Nov 2025
The company announced a $100M Series E plus $50M debt commitments, with Eclipse leading, and reported more than $115M in bookings through Q3 2025.
Ursa Major · Nov 2025
Official funding announcement covering the Series E, debt commitments, investors, bookings, and production expansion.
3DPrint.com · Jun 2025
Reports the AFRL Draper development contract, Sirius Technologies Hadley-engine agreement, satellite-propulsion work, and Youngstown additive-manufacturing expansion.
Open Positions
71 jobs at Ursa Major
Senior Embedded Software Engineer
On-site
Avionics
Berthoud, Colorado
1d ago
On-site
Full-time