Dense ultra‐high temperature carbides (UHTCs) are recognized as potential materials for thermal protection systems (TPS) owing to properties beyond existing structural materials’ capabilities. Recent advances in the fabrication of UHTCs have enabled the development of multiscale porous microstructure. The present study highlights no longer the porosity in UHTCs will be treated as a defect but as a functional property specifically tailored for thermal insulation. It is a promising solution to design and fabricate bulk UHTC foams via a freeze‐drying (FD) approach followed by calibrated pressureless spark plasma sintering (PSPS). Herein, monolithic TaC and HfC UHTC foams and their composite show the partial solid‐solution formation of (Ta, Hf)C with porosity ≥ 50%. TaC‐HfC foam (∽80 to 92 N) showed an intermediate load‐bearing capability compared to monolithic TaC (∽120 to 135 N) and HfC (∽28 to 35 N) foams, with no evident cracking on the sample surface. The thermal conductivity of partial solid‐solution TaC‐HfC foam increased up to 5‐fold compared to parent UHTC foams. The results illustrate solid solutions’ efficacy and pores’ unidirectionality in providing thermal insulation to TaC‐HfC while maintaining its high‐load bearing capability. The developed technique will establish a new paradigm shift in UHTCs, expanding their potential for TPS in extreme environments.This article is protected by copyright. All rights reserved.