Draper
Storable liquid rocket engine for missile demonstrators
Ursa Major
Colorado defense company that builds rocket engines, solid rocket motors and hypersonic missile systems, mostly for the U.S. military. Agreed in August 2026 to go public through a SPAC merger expected to close in early 2027. (1 product in the atlas)
Products, by altitude
Launch · From the pad to orbit
Testing ![]()
Known rounds
| Date | Round | Amount | Led by |
|---|---|---|---|
| Aug 2026 | PIPE (SPAC merger, portion funded at signing) | $110M | Inflection Point Asset Management1 |
Government awards
| Date | Agency | Program | Amount |
|---|---|---|---|
| Oct 2026 | U.S. Navy | Solid rocket motors for the Compact Air-to-Air Missile ($91M) and Naval Modular Missile medium-range variant ($46M) | $137M2 |
Milestones
- Aug 2026 Announced a SPAC merger valuing the company at about $2.3 billion post-transaction; the combined company would trade as IPXX. Company statement1
Sources
Updated Oct 22, 2026 · How we source facts · Suggest a correction