Magdrive
Metal-fueled plasma propulsion with dramatically higher thrust density
Magdrive operates in the propulsion sector of the space industry, is headquartered in United Kingdom, was founded in 2019, raised $10.5M (Seed).
Magdrive at a glance
| Sector | Propulsion |
|---|---|
| Headquarters | United Kingdom |
| Founded | 2019 |
| Stage | Seed |
| Disclosed funding | $10.5M |
| Website | magdrive.space |
Record last updated August 2026 · how we verify · spotted something outdated? Tell us.
Funding history
| 2025-02 | Seed: $10.5M equity; the company cites $22.5M total funding including roughly $10M in UK and ESA grantsLed by Redalpine, with Balerion, Alumni Ventures, Outsized Ventures, 7percent and Entrepreneur Firstsource ↗ |
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