Ursa Major to go public in $2.3 billion SPAC deal

Ursa Major to go public in $2.3 billion SPAC deal — Live Feedhttps://www.live-feeds.com/feed/ursa-major-to-go-public-in-2-3-billion-spac-dealContinuously updated, source-cited coverage. Ursa Major to go public in $2.3 billion SPAC dealhttps://www.live-feeds.com/feed/ursa-major-to-go-public-in-2-3-billion-spac-dealhttps://www.live-feeds.com/feed/ursa-major-to-go-public-in-2-3-billion-spac-deal#u50105Thu, 27 Aug 2026 13:00:51 +0000Ursa Major, a hypersonics and critical munitions company, is set to go public through a $2.3 billion SPAC deal. The company specializes in rocket and hypersonic technology. This move will likely provide Ursa Major with significant capital to further develop its products and expand its business.Why it mattersThe deal is significant in the defense industry, particularly in the area of hypersonics and critical munitions. Ursa Major's technology has potential applications in various military and space projects. The SPAC deal structure allows the company to go public without the traditional IP