SPACE INDEX COMPANIES INSIGHTS SECTORS PRODUCTS NEWS BLOG ANSWERS RESEARCH ABOUT FOR COMPANIES BUILD / 2026.06.04
ExPace logo ExPace Operates the Kuaizhou family of solid-fueled small-lift launch vehicles for commercial and government satellite delivery to low Earth 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
ExPace Magdrive
Founded 2016 2020
Headquarters Wuhan, China United Kingdom
Type government private
Status operating operating
Employees 37
Total funding $417M $10.5M
Latest round Series B Seed
Sectors Launch Services, Space Propulsion Space Propulsion, Satellite Components & Subsystems
Products listed 2 3
Federal contracts
Launches 33 (88%)
Leaders listed Zhang Di, Zha Xiongquan Mark Stokes, Dr Thomas Clayson, Harald Nieder
News mentions 0 0
SHARED SECTORS
FREQUENTLY ASKED

How do ExPace and Magdrive compare?

Both companies work in Space Propulsion. ExPace was founded in 2016 and Magdrive in 2020.

Which has more launches, ExPace or Magdrive?

ExPace leads with 33 tracked launches (88% success rate).

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