US Navy Awards Ursa Major $10M MK 104 Development Contract

July 15, 2026

The U.S. Navy has awarded Ursa Major a $10 million development contract to advance the company’s MK 104 design through critical design review and static fire.

“With this contract, we’re expanding our partnership with the U.S. Navy to build a faster, more resilient, and more innovative solid rocket motor supply base. Ursa Major’s MK 104 solution is designed to not only perform, but also optimize manufacturing, scale production, and deliver capability to Sailors in the fleet where it counts,” said Jason Meredith, president, Solid Missile Systems at Ursa Major. “Solid rocket motor production has become the bottleneck in missile manufacturing, and as propulsion experts, Ursa Major is ready to be a key partner for ensuring our warfighters are equipped to meet the demands of tomorrow’s fight.”

Ursa Major has previously worked with the U.S. Navy on other contracts, including a $25M joint investment in SRM prototyping. To deliver on this contract, Ursa Major will utilize its proven adaptable solid rocket motor manufacturing approach, known as Lynx, that is producing at a rate hundreds of motors per year.

Source : Ursa Major Technologies Inc