Reported 22 days ago
U.S. rocket propulsion startup Ursa Major has secured a $12.5 million contract from the Pentagon to enhance its production and testing capabilities for solid fuel rocket engines. This funding initiative is part of a broader effort to expand the defense industrial base's supply chain amid dwindling missile stockpiles from conflicts in Ukraine and Israel. The investment will support Ursa Major's manufacturing improvements as it integrates new technologies and develops a solid rocket motor prototype.
Source: YAHOO