USA
Ursa Major's $350 Million SPAC Raise Runs Into an Oxidizer Bottleneck
The deal could add missile motor capacity, but every new producer still draws ammonium perchlorate from the same constrained domestic supply chain.
Two awards in three days give the Navy two companies developing a motor for the medium-range variant of its planned Standard Missile successor, a four-per-cell interceptor.
The deal could add missile motor capacity, but every new producer still draws ammonium perchlorate from the same constrained domestic supply chain.