Abstract: An energetic copolyurethane thermoplastic elastomer (ETPE) is prepared by polymerizing a dihydroxyl terminated telechelic energetic polymer having a functionality of two or less with a diisocyanate at a NCO/OH ratio of about 0.7 to 1.2. The resulting copolymer is easy to incorporate in gun propellant or explosive formulations and is recyclable. These energetic copolyurethane thermoplastic elastomers were obtained mainly by macropolymerization of GAP prepolymers with 4,4′-methylenebis-phenyl isocyanate (MDI). In these syntheses, GAPs having molecular weights of 500, 1000 and 2000 were used as macromonomers and polymerized with MDI to yield three different copolyurethane thermoplastic elastomers. This process may be applied to any dihydroxyl terminated energetic prepolymers. The hard segments of the ETPE are obtained by the formation of hydrogen bonds between the urethane groups.