Layoffs hit rocket engine maker Ursa Main

At the very least 5 individuals have been laid off from rocket engine startup Ursa Main, with one particular person citing budgetary constraints as the rationale for being let go, in response to posts on LinkedIn.

Ursa Main didn’t instantly reply to Information World’s inquiry into the layoffs, or the variety of individuals affected. In line with LinkedIn, 292 persons are listed as at the moment working at Ursa.

This makes Ursa Main the newest firm to be hit by main market headwinds which have affected a few of the greatest names in expertise. Amongst these laid off embody engineers working in propulsion, the corporate’s bread-and-butter, and high quality evaluation.

Ursa Main is a Berthoud, Colorado-based startup growing liquid engines for rocket and hypersonic purposes. The corporate is growing a 5,000-pound thrust Hadley engine and a 50,000-pound thrust engine referred to as Ripley. Only recently, the corporate introduced an “eight-figure” contract to additional the event of two new engines: a Draper engine for hypersonic and a 200,000-pound thrust Arroway engine.

In April, the corporate additionally introduced that it will provide the higher stage engine for Astra House’s in-development Rocket 4. Ursa Main mentioned it makes round 30 Hadley engines per 12 months for a number of clients, together with Stratolaunch and Phantom House.

Ursa Main at the moment has 5 open positions listed on its web site.


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