Magdrive develops electric plasma thrusters for spacecraft propulsion, offering high-thrust electric propulsion solutions for critical space missions. The thrusters support sustained rendezvous and proximity operations, constellation management, and stochastic movement in low Earth orbit and deep space applications. Founded in 2019 in Harwell, United Kingdom, the company has raised $12.4M in seed funding from investors including Founders Fund, Redalpine, and 7percent Ventures. Developer of electric plasma thrusters for spacecraft propulsion systems. They offer high-thrust electric propulsion solutions designed for critical space missions. The company’s family of thrusters provides reliable and storable electric propulsion. These systems support sustained rendezvous and proximity operations, constellation management, and stochastic movement. The thrusters are intended for use in low Earth orbit and deep space applications.
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Magdrive
SeedMagdrive develops electric plasma thrusters for spacecraft propulsion, offering high-thrust electric propulsion solutions for critical space missions. The thrusters support sustained rendezvous and proximity operations, constellation management, and stochastic movement in low Earth orbit and deep space applications. Founded in 2019 in Harwell, United Kingdom, the company has raised $12.4M in seed funding from…
About
Business model
Space Tech > Support Engineering > Satellite Components > Propulsion Systems > Electric
Founders & team highlights
Founder with Prior Funding,
Serial Founder
Team background
College Wise > Imperial College London
Institutional investors
EIC FundFounders FundLuminous Ventures7percent VenturesEntrepreneur FirstRedalpineBalerion Space VenturesAlumni VenturesOutsized Ventures
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