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$666.01M Raised in 41 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Magdrive

start up
United Kingdom - Harwell Campus, England
  • 27/02/2025
  • Seed
  • $10,500,000

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.


Related People

Mark StokesCo Founder

Mark Stokes United Kingdom - London, England

Cofounder and CEO of Magdrive, where we're building the next generation of space propulsion, laying the infrastructure for a new space age and interplanetary space travel.

I'm a mechanical and deep learning engineer, in a previous life taking prototypes to market in robotics and aerospace, and now working on turning humanity into a space faring civilisation.

Graduate of Imperial College London, the Open University, and Warwick University. English, Spanish, Catalan, French. And I can read Latin and ancient Greek if you need that.