Ursa Major nabs $12.5M from US Navy, DoD for 3D-printed rocket motors

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Ursa Major, a startup that produces rocket motors through 3D printing, announced today that it received a $12.5 million contract from the Department of Defense’s Office of Strategic Capital (OSC) and the U.S. Navy to develop new solid-fuel rocket engines. The company, which has raised $274 million according to PitchBook, will match the funding, bringing the money allocated for the effort to $25 million. 

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