Ursa Major Acquisition, Valuation, Funding & Investors

JetZero is a Los Angeles-based aerospace startup founded in 2021 developing blended wing body aircraft. The design achieves 50% greater fuel efficiency on routes like Los Angeles to London, reducing emissions and increasing passenger comfort with wider cabins. JetZero's Z5 model targets commercial service by 2030, backed by US Air Force contracts and partnerships with Northrop Grumman. The company leverages decades of research into aerodynamic shapes pioneered by co-founder Mark Page.

Sigma Advanced Systems Ltd operates as a manufacturer and service provider of defense systems and security solutions. It specializes in the design, development, and production of defense and aerospace solutions. The company's portfolio includes avionics, naval systems, torpedo systems, communication systems, submarine platforms, radar systems, and counter-unmanned aerial systems for defence and homeland security applications.

Avio SpA is an international group engaged in the construction and development of space launchers. The company's core operations are design, development and production of solid and liquid propellant propulsion systems for space launchers; design, development and production of solid propellant propulsion systems for tactical missiles; development, integration and supply of complete light space launchers (VEGA); research and development of new low environmental impact propulsion systems and of satellite tracking control engines. The Group mainly operates in EU countries (Italy, France), the USA, and French Guiana.

Boom Supersonic is a Denver-headquartered aerospace firm designing the Overture supersonic passenger jet for 65 to 88 seats traveling at Mach 2.2. Founded in 2014, the company assembles aircraft in Greensboro, North Carolina, and conducted the Symphony demonstrator's first flight in June 2024. Overture secures orders from United Airlines, American Airlines, and Japan Airlines, aiming to restore commercial supersonic travel on routes like New York to London in under four hours.

Muon Space is a Burlingame-headquartered space company that engineers satellite constellations for Earth observation missions targeting climate change and national security applications. Its Halo platform combines modular spacecraft buses, payload systems, and software orchestration to accelerate deployment from design to orbit in under 36 months. The firm maintains production facilities in the San Francisco Bay Area and holds contracts with NASA for wildfire detection satellites and methane monitoring payloads. Muon Space serves commercial clients in agriculture and defense sectors while expanding into real-time space-based analytics.

United Aircraft is a China-based manufacturer of unmanned aerial vehicles that designs, produces, assembles, tests, and services drones for government, military, and commercial partners. The company maintains a comprehensive facility integrating UAV research, development, manufacturing, and quality assurance. It relies on proprietary flight control systems and coaxial rotor technology to overcome foreign technology restrictions. United Aircraft secures more than 40 invention patents from the United States, Russia, and European Union authorities, alongside over 180 domestic patents and 20 software copyrights, positioning it ahead of peers globally.

Vast is a Long Beach-headquartered space company engineering commercial space stations for low Earth orbit missions. Its Haven-1 outpost, set for 2025 launch via SpaceX Falcon 9, accommodates four crew members with Starlink connectivity and radiation shielding. Vast develops modular architectures supporting artificial gravity via rotation, in-space manufacturing bays, and science payloads, collaborating with NASA under CCSC-2 agreements for private astronaut flights.

SpinLaunch is a Long Beach-headquartered space infrastructure company developing kinetic launch technology and satellite constellations. Its centrifugal system accelerates payloads to orbital velocities from a California test site, reducing costs for small satellite deployment. In 2022, it conducted suborbital flights validating vacuum-balanced operations. Expanding to Meridian Space broadband satellites for global coverage, SpinLaunch collaborates with Airbus and Lockheed Martin, backed by Google Ventures since 2015.

The Exploration Company is a Paris-headquartered aerospace firm developing the Nyx reusable spaceship for cargo transport to Earth-orbit space stations and lunar gateways. Nyx features in-orbit refueling, green propellant propulsion, and a payload capacity of 3.5 tons in a pressurized 15-cubic-meter volume. The company offers Mission Control software as an open-source operating system for spacecraft avionics. Founded in 2021, it has secured contracts with the European Space Agency and raised 45 million euros in Series A funding for prototype development.

Tianbing Technology is a Chinese aerospace company supplying advanced propulsion systems and launch vehicles. It develops next-generation green HCP liquid propellants operable at ambient temperatures alongside minimalist engines that outperform traditional chemical systems for small satellite main engines and upper-stage kick motors. Operating under Space Pioneer, the firm tested its HCP system first and pursues reusable rocket technologies including the TQ-11A engine and PALLAS-1 carrier rocket aiming for orbital launches.

Zhuhai Orbita Aerospace Science & Technology Co Ltd manufactures and sells the system on chip (SOC) chips and System in Package (SIP) modules. It is involved in high technology-based business activities ranging from SOC and SIP to satellite constellation big data. The other products offered by the company are AI chips and modules, smart wearable terminals and modules. The products offered by the company are embedded in different systems, especially in medical and aerospace systems.

York Space Systems Inc is a U.S.-based space and defense company that provides mission-related solutions for national security, government, and commercial customers. The company develops its own hardware and software, offering capabilities intended to support customer requirements across various elements of the space mission lifecycle. It offers mission solutions across several complementary product categories: Components, Subsystems, Spacecraft Platforms, Ground Operation, Global Downlink, and Software-Enabled Services. The company derives the majority of revenue from long-term firm-fixed-price (FFP) production contracts for the design of small satellites, launch services, and ground services with both U.S. federal government-controlled agencies as well as domestic commercial customers.

True Anomaly is an Austin-based space technology company designing autonomous spacecraft and software for orbital security and resilience. The firm builds Jackal electronic warfare satellites and develops simulation platforms for space domain awareness. True Anomaly supports U.S. Space Force contracts and partners with defense primes to field counter-space capabilities.

Skyroot Aerospace is a Hyderabad-based aerospace company manufacturing small satellite launch vehicles for the Indian space market. The firm developed the Vikram series rockets, achieving India's first private suborbital test flight with Vikram-S in 2022 from Sriharikota. Skyroot Aerospace targets low-Earth orbit missions with reusable solid-fuel boosters, securing contracts from ISRO and international payloads.

Munich-based Isar Aerospace engineers and launches Spectrum, a two-stage liquid rocket fueled by propane and liquid oxygen for small to medium satellites. With nine engines on the first stage and one on the second, it supports payloads up to 1,000 kg to low Earth orbit via dedicated, rideshare, or lead configurations from sites like Andøya Spaceport and Guiana Space Centre.

Paras Defence And Space Technologies Ltd is engaged in the designing, developing, manufacturing, and testing of various defense and space engineering products and solutions. The company's product portfolio includes lens barrels, rugged networking and communication equipment, multifold lenses, metal mirrors, submarine winches, and mill grade control systems among others. Its operating segments are; Optics & Optronic Systems; and Defence Engineering. The maximum revenue for the company is derived from its Optics and Optronic Systems segment. Geographically, the firm generates a majority of its revenue from its customers within India and the rest from outside India through exports.

Apex is a satellite manufacturer designing and producing small satellites for Earth observation, communications, and scientific missions. The company integrates modular hardware with standardized software to accelerate production and deployment. Apex platforms support responsive space applications through rapid customization for government and commercial clients. Headquartered in Los Angeles, California, the firm leverages scalable manufacturing to deploy constellations via rideshare launch vehicles.

Intuitive Machines Inc is a space infrastructure and services company focused on enabling sustained human activity beyond Earth. It designs, builds, integrates, and operates space systems, offering infrastructure-as-a-service across low Earth orbit, geostationary orbit, cislunar space, and deep space. Its capabilities include spacecraft development and space-based network connectivity, serving commercial, civil, and national security customers. The company conducts sales both directly and through an extensive customer and partner network spanning North America, South America, Europe, Asia, and Australia, including rideshare delivery providers, lunar surface mobility providers, payload providers, communication satellite providers, and ground segment providers.