Agile Space Industries vs Ursa Major: Propulsion & engines compared

Scores, Space (of 10)

Darker bar: ahead of the other company on that measure.

Positioning

Agile Space Industries is a US maker of additively manufactured hypergolic thrusters with an in-house test complex, in the lander and spacecraft propulsion niche. Its evidence this pass is verified-light as the AM-hypergolics specialist. Revenue is <25m class (private); a dedicated pass is owed.

Latest signals

• 15 Oct 2026Agile Space Industries opened a new office in Bellevue, Washington.SpaceNews
• 5 Oct 2026Agile Space Industries appointed Jonathan Baliff to its Board of Directors.SpaceNews
• 28 Sept 2026Agile Space Industries appoints Jason Wright as PresidentSpaceNews

77 signals name Agile Space Industries.

Facts, with sources

• 2 Sept 2026Expanded workforce to 167 employees and hired 77 people over the past yearAgile Space Industries
• 2 Sept 2026Completed a 20,500-square-foot expansion of Durango headquartersAgile Space Industries
• 2 Sept 2026Existing facility freed for greater manufacturing capacity; approximately 1,500 square feet set aside for quality inspectionAgile Space Industries — 2026-09

98 facts on file.

Scores, Space (of 10)

Darker bar: ahead of the other company on that measure.

Positioning

Ursa Major is a US propulsion maker whose Hadley engine powers a DoD hypersonic test bed and whose Draper engine is prime on AFRL's Affordable Rapid Missile Demonstrator, across three businesses (hypersonics, solid rocket motors, space propulsion), with revenue of $18.5M in 2024 rising to $45M in 2025 and ~$100M projected for 2026. It announced a definitive SPAC merger with Bleichroeder III in August 2026 at ~$2.3B post-money (a Nasdaq close targeted for Q1-27), unveiled its HAVOC missile (February 2026), and opened a Longmont facility. A disclosed risk: its projections assume an 88% CAGR in the US munitions budget, and customers are concentrated (USAF, Navy, RTX, BAE).

Latest signals

• 25 Aug 2026Ursa Major opened a new rocket-manufacturing facility in Longmont, Colorado.SpaceNews
• 25 Aug 2026Ursa Major plans to go public through a $2.3 billion SPAC merger.SpaceNews
• 25 Aug 2026Ursa Major plans to expand its Galeton, Colorado site into a large-scale solid rocket motor production campus.Ursa Major

34 signals name Ursa Major.

Facts, with sources

• 1 Jan 2027Merger approved by both boards; expected to close in Q1 2027 subject to approvalsUrsa Major
• 1 Jan 2027Boards of Ursa Major and Bleichroeder unanimously approved the transaction, expected to close in Q1 2027Ursa Major
• 1 Jan 2027Boards unanimously approved business combination with Bleichroeder Acquisition Corp. III; expected closing in Q1 2027Ursa Major

180 facts on file.