MAGDRIVE
Agent42Agent Readiness: 42/100. Above median. Measured by StartupHub.ai. Median 41.Trust62Data Trust: 62/100. Above median. Measured by StartupHub.ai. Median 61.Develops next-generation, high-thrust electric plasma propulsion systems for the space industry.
About
Magdrive develops and manufactures advanced electric plasma propulsion systems for satellites and spacecraft. Their thrusters utilize solid metal propellant and onboard energy storage to generate high-energy plasma, offering significantly higher thrust levels than traditional electric propulsion systems of similar size. Their products are designed for applications such as satellite servicing, defense, and constellation management.
Listed competitors
Developing a universal fuel station in orbit for satellites.
Astroscale is a global leader in on-orbit servicing and space sustainability solutions.
“Recently, I observed that Astroscale had a wide price range. So I decided to learn some information about this company and space cleaning.…” r/SpaceXMasterrace
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Key facts
- Website
- magdrive.space
- Headquarters
- Harwell, United Kingdom
- Founded
- 2019
- Employees
- 40
- Total funding
- $13M (Seed)
- Business model
- B2B
Funding rounds
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 25 Feb 2025 | Seed | $11M | redalpine |
| 1 Jan 2020 | Pre-Seed | $2M | Founders Fund |
Tech stack
Detected on magdrive.space, last scanned 12 Aug 2026. Run your own scan
- Hosting
- Google Cloud
- Email provider
- Microsoft 365
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Frequently asked
Is MAGDRIVE trustworthy and reputable?
StartupHub's Data Trust & Reputation score for MAGDRIVE is 62 out of 100, a generally safe rating, based on site security posture, privacy practices, malware and phishing checks, and public reputation signals.
How much funding has MAGDRIVE raised?
MAGDRIVE has raised a total of $13M in funding. The most recent round on record is Seed.
How many employees does MAGDRIVE have?
MAGDRIVE has approximately 40 people on record.
What is MAGDRIVE's current status?
MAGDRIVE's current operating status is: Inactive.
SEC filings, insider activity, nonprofit links and pay benchmarks for MAGDRIVE:
Company details: from public sources. Funding: no announced round on file. Ownership: not yet claimed by the company. Scores: measured by named tools; each links to its method. Our rules
