SPACE INDEX COMPANIES INSIGHTS SECTORS PRODUCTS NEWS BLOG ANSWERS RESEARCH ABOUT FOR COMPANIES BUILD / 2026.06.03
EDGX logo EDGX Develops radiation-resilient onboard AI computers that enable satellites to process data and run inference directly in orbit vs Magdrive Develops high-thrust electric plasma propulsion systems for satellites and spacecraft using pulsed power and solid metal propellant. Magdrive logo
HEAD-TO-HEAD1 shared sector
EDGX Magdrive
Founded 2023 2020
Headquarters Ghent, Belgium Harwell Campus, Oxfordshire, United Kingdom
Type private private
Status operating operating
Employees 16 37
Total funding $2.7M $10.5M
Latest round Seed Seed
Sectors Satellite Components & Subsystems, Space Software & Mission Tools Space Propulsion, Satellite Components & Subsystems
Products listed 2 3
Federal contracts
Launches
Leaders listed Nick Destrycker, Wouter Benoot Mark Stokes, Dr Thomas Clayson, Harald Nieder
News mentions 0 0
SHARED SECTORS
FREQUENTLY ASKED

How do EDGX and Magdrive compare?

Both companies work in Satellite Components & Subsystems. EDGX was founded in 2023 and Magdrive in 2020.

Which is larger, EDGX or Magdrive?

Magdrive reports the larger workforce, with 37 employees versus 16.

Numbers refresh on every render against the live Space Index database. Federal contract data from USAspending.gov; launches from LaunchLibrary2.