Magdrive

Develops high-thrust electric plasma propulsion systems for satellites and spacecraft using pulsed power and solid metal propellant

$10.5M TOTAL RAISED * 37 EMPLOYEES * 2019 FOUNDED *

What does Magdrive do?

SITREP

Magdrive is a private company working in space propulsion, and satellite components & subsystems. Based in Harwell, United Kingdom, it was founded in 2019 by Dr Thomas Clayson and Mark Stokes. It is led by CEO Mark Stokes. It operates as an upstream supplier spanning much of the space value chain. Its lineup includes the Rogue and Warlock components.

Status Operating
HQ * Harwell, United Kingdom
Locations Harwell Campus, GBR Bozeman, Montana

What has Magdrive done recently?

ACTIVITY

How is Magdrive performing?

PERFORMANCE
FUNDING * ALL FUNDING
$10.5M TOTAL RAISED
Latest round / Seed $10.5M

What are Magdrive's financials?

FINANCIALS VIEW ALL
$10.5M Total raised * Seed

What products does Magdrive offer?

CATALOG

Who leads Magdrive?

Dr Thomas Clayson Co-Founder & CTO
Mark Stokes Co-Founder & CEO
Harald Nieder Board Member

How is Magdrive classified?

When was Magdrive's profile last verified?

DATA & SOURCES
Company websitecompany profile, products, locations, press
SAM.govfederal vendor registration, UEI / CAGE / NAICSUEI EHVXD4EP7E33 / CAGE 137S1
Industry pressnews coverage
* Lower-confidence value, or one we haven't anchored to a primary source yet. Profile assembled from 3 sources and cross-checked continuously.
PROFILE
Last verified 2026-07-06
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