{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/665dda1b3ce6480013459039/66eafb08bbcf745f11a2189c?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"What significant change is the US Navy investing in for rocket motor production?","description":"<p>Ursa Major secured a $12.5 million contract from the U.S. Navy for the development of 3D-printed solid-fuel rocket engines, bringing the total investment to $25 million. This funding marks the first publicly announced allocation from the Department of Defense's Office of Strategic Capital since its inception in 2022. The startup aims to address limitations in the defense sector's capacity to manufacture solid rocket motors amidst ongoing conflicts. Ursa Major's 3D printing technology facilitates the production of rocket motors in less than a month, significantly faster than traditional methods that can take over a year. Founded in 2015, Ursa Major has previously engaged with government projects, including a contract for hypersonic launch engine development with the U.S. Air Force Research Laboratory.</p><p>Learn more on this news visit us at: https://greyjournal.net/</p><p><br></p><p><br></p>","author_name":"GREY Journal"}