Defense Tech Signals · Capital vs. Contracts Open-source analysis · public data only Data as of Nov 8, 2026 · obligations refresh every other Monday
NatSec100 #34 Not in totals

Oura

No federal obligations found under its own name since FY2020.

Oura is excluded from the chart and totals because its scale or business mix would swamp the comparison. Its figures are shown here for reference. Why

Capital raised
$2.1B
Federal obligations, FY2020–FY2026
$0
Raised per $1 obligated
—
Latest valuation
$11.0B
Series E, Oct 2025

Obligations by fiscal year

$M

No federal obligations found under its own name since FY2020.

Contract mix

No obligations to split.

Notes

Funding
Approximate; IPO filed Sep 2026 at ~$15.6B
Obligations
DoD ring purchases go through resellers; none under own name

Cite this: Defense Tech Signals, "Capital vs. Contracts: Oura," data as of 2026-11-08, https://data.defensetechsignals.com/c/oura/.

Coverage: prime contracts, IDVs and grants (USAspending), direct Other Transactions (FPDS) and subawards received, FY2020–FY2026. Not included: consortium OTs, FY 2027 so far, loans and classified work. Capital raised: Compiled from announcements and press (Oct 2026).