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Ursa Major Technologies

Definitive (DA signed)

Industrials · hypersonics and solid rocket motor manufacturing

What it is
A private company in industrials preparing to list via a SPAC merger. Full profile in progress.
What it’s doing now
Merging with Bleichroeder Acquisition III (BCCQ) — definitive (da signed), announced Aug 24, 2026.
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.
Profile in progress — we only publish what we can verify in filings, and for this company that work isn’t finished. Identity and deal facts above are current; business detail, financials and peers will appear as the filings are parsed.

What the company says about itself

Web research — not audited

Ursa Major delivers mission-ready aerospace and defense systems across hypersonics, solid rocket motors, and space mobility, leveraging additive manufacturing and modular architectures to produce scalable all up rounds, engines and SRMs faster than legacy providers.

Markets:
Hypersonics | Solid Rocket Motors | Space
Products:
throttleable, storable hypersonics | tactically responsive satellite propulsion | extended-range solid rocket motors | engines | SRMs | all up rounds
Customers:
U.S. Navy
What our web check found

[WEB-INTEL 2026-08-25] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The deal is expected to close in Q1 2027" [https://www.gurufocus.com/news/9051279/ursa-major-merger-propels-bleichroeder-acquisition-corp-iii-bccq-toward-23b-valuation] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The agreement sets a $1,600,000,000 valuation" [https://www.stocktitan.net/sec-filings/BCCQ/425-bleichroeder-acquisition-corp-iii-business-combination-communicat-956617775a5b.html]

Source: https://ursamajor.com/ · captured Aug 25, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Ursa Major Technologies is merging with Bleichroeder Acquisition III (BCCQ), a $300M SPAC currently marked Deal announced and trading at $9.98 against $10.00 in trust per share.

Headline equity value$1.6B

How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Was this deal done at an expensive or a cheap valuation?

SpacBrain’s read on the price

No multiple can be computed

We hold no revenue figure in US dollars for Ursa Major Technologies, Inc., so there is nothing to divide the price by and no multiple can be struck. It is not recorded as pre-revenue either — this is a gap in our record, not a finding that the company has no sales. The deal values it at $1.6bn regardless.

We have not extracted a revenue figure for this company from its filings yet. That is our gap, not a statement about the business.

What the buyers are paying for the whole company$1.6bn

Announced equity value (net debt unknown).

Divided by what the company actually sells in a yearno revenue figure on file

Not extracted from the filings yet.

= what this deal pays for every dollar of those salesno multiple

Not computable — no revenue figure has been extracted from the filings yet.

What the stock market pays for its closest listed peersno comparable multiple

No listed comparable carries a revenue multiple we can use.

What qualifies the figures above

  • The target's cash and debt are not in the filings we have, so this is an equity value used as a stand-in for enterprise value.

Common questions

Is Ursa Major Technologies going public?

Ursa Major Technologies has a signed merger with the SPAC Bleichroeder Acquisition III (BCCQ), announced Aug 24, 2026. Deal status: Definitive (DA signed).

What is Ursa Major Technologies's SPAC deal valuation?

The announced headline equity value is $1.6B.

Was Ursa Major Technologies bought at an expensive or a cheap valuation?

We hold no revenue figure in US dollars for Ursa Major Technologies, Inc., so there is nothing to divide the price by and no multiple can be struck. It is not recorded as pre-revenue either — this is a gap in our record, not a finding that the company has no sales. The deal values it at $1.6bn regardless.

Does Ursa Major Technologies have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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  • BBCQ — Bleichroeder Acquisition II · Closed (deSPAC)
  • SVAQ — Silicon Valley Acq · Deal announced