Tech

Rocket engine maker Ursa Major fired

At least five people have been fired from rocket engine startup Ursa Major, with one citing budget constraints as the reason for the layoff, according to LinkedIn posts.

Ursa Major did not immediately respond to TechCrunch’s questions about layoffs or the number of people affected. According to LinkedIn, 292 people are listed as currently working at Ursa.

This makes Ursa Major the latest company hit by major market headwinds has influenced some of the biggest names in tech. Among those laid off include engineers working in propulsion, the company’s main job and quality analysis.

Ursa Major is a Berthoud, Colorado-based startup developing liquid engines for rocket and hypersonic applications. The company is developing a 5,000-pound Hadley engine and a 50,000-pound thruster called the Ripley. Just recently, the company announced an “eight figure” contract to continue developing two new engines: the supersonic Draper and the 200,000-pound Thrust Arroway engine.

In April, the company also announced that they will provide upper stage motor for Rocket 4 in development by Astra Space. Ursa Major says it produces about 30 Hadley engines a year for a number of customers, including Stratolaunch and Phantom Space.

Ursa Major currently has five open positions listed on its website.

Developing…



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