[Ursa Major in Ursa Major] Ursa Major awarded $34.9M to advance Draper engine for space-based defense

BERTHOUD, CO — September 17, 2025 — Ursa Major was awarded a $34.9 million contract from an undisclosed U.S. aerospace and defense company to deliver Draper engines and associated services. The effort will accelerate development, production, and deployment of Draper for critical national security applications in space and ultimately validate the engine’s performance and flexibility under operational conditions.

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