New

Magdrive

The AI engine Fit Assessment

Beta

The company will attend Deep Tech Momentum 2026

Blurb

Magdrive is working on advanced spacecraft propulsion for satellites in Low Earth Orbit (LEO).

HQ Location

Harwell (United Kingdom)

Founded

2019

Employees

11 - 50

Total funding raised

$16.67M

Funding Status

Grant, $2.67M, December 3, 2025

Magdrive is developing the next generation of spacecraft propulsion for satellites today, deep space and beyond tomorrow.



With high thrust and high efficiency at low mass, the Magdrive’s magnitude improvement in manoeuvrability enables entirely new missions and business models, including

- high cadence avoidance manoeuvres in congested Low-Earth Orbit.

- repeated rendezvous and close-proximity operations for satellite servicing and orbital manufacturing.

- stochastic movement to make defense satellites untraceable.