BusinessVC/PE

Ursa Major Nabs $138M of Funding 

Rocket propulsion startup Ursa Major has raised $138M of funding this year to develop its recently unveiled Lynx solid rocket motor production process and support its other propulsion programs, the company announced Thursday. 

Analysis

Euroconsult Values the Global EO Market at $4.6B

Euroconsult, a space consulting firm, predicts the global EO market will grow from $4.6B in 2022 to $7.6B over the next ten years, driven by tech advancements, premium product offerings, and public investment.