Magdrive

Next-generation spacecraft propulsion

London, United Kingdom · Founded 2019

Headquarters
London
Employees
11–50
Founded
2019
Business Model
B2B
Last Round
SeedFeb 2025
Rounds
2

About

Magdrive is a UK-based deep tech startup developing high-thrust electric plasma propulsion systems for small satellites and CubeSats. Its thruster family—Rogue (10 mN), Warlock (50 mN), and SuperMagdrive (1 N+)—delivers high specific impulse with precise orbital control, enabling sustained rendezvous operations, stochastic defense maneuvering, constellation management, and end-of-life deorbiting. Founded by engineers and plasma physicists from Imperial College London, Magdrive raised $10.5M in seed funding in February 2025.

Summary

Magdrive is a Hardware company based in London, United Kingdom, founded in 2019. Its most recent funding was a Seed round in Feb 2025. Investors include Founders Fund, Redalpine and Balerion Space Ventures.

Tech & App Stack

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Funding History

SeedSeed RoundFeb 2025

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Funding: Seed. Amounts, valuations, and investors where available.

Investors

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