SPACE INDEX COMPANIES INSIGHTS SECTORS PRODUCTS NEWS BLOG ANSWERS RESEARCH ABOUT FOR COMPANIES BUILD / 2026.06.03
Galactic Energy logo Galactic Energy Develops and operates solid-propellant orbital launch vehicles and liquid-fueled reusable rockets for commercial satellite constellation deployment. 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
Galactic Energy Magdrive
Founded 2018 2020
Headquarters Beijing, China Harwell Campus, Oxfordshire, United Kingdom
Type private private
Status operating operating
Employees 200 37
Total funding $714M $10.5M
Latest round Series D Seed
Sectors Launch Services, Space Propulsion Space Propulsion, Satellite Components & Subsystems
Products listed 5 3
Federal contracts
Launches 25 (84%)
Leaders listed Liu Baiqi, Xia Dongkun Mark Stokes, Dr Thomas Clayson, Harald Nieder
News mentions 0 0
SHARED SECTORS
FREQUENTLY ASKED

How do Galactic Energy and Magdrive compare?

Both companies work in Space Propulsion. Galactic Energy was founded in 2018 and Magdrive in 2020.

Which is larger, Galactic Energy or Magdrive?

Galactic Energy reports the larger workforce, with 200 employees versus 37.

Which has more launches, Galactic Energy or Magdrive?

Galactic Energy leads with 25 tracked launches (84% success rate).

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