Update: Ursa Major confirmed to CNBC that layoffs had occurred, which sources cited put at around 80 people, or more than a quarter of the company’s workforce. At least 14 people have been laid off ...

Assuming a bankruptcy court judge approves the deal, Terra Energy Partners will pay fellow Piceance Basin natural gas producer Ursa Resources $60 million for its assets, according to a court filing.

WASHINGTON, Sept 17 (Reuters) - U.S. rocket propulsion startup Ursa Major said on Tuesday it was awarded a $12.5 million contract to build out production and testing for new solid fuel rocket engines.

Ursa Major said it developed a new solid rocket motor from scratch in four months, and has now flown it twice in partnership with Raytheon. (Ursa Major) Raytheon and growing propulsion firm Ursa Major ...