SPACE INDEX COMPANIES INSIGHTS SECTORS PRODUCTS NEWS BLOG ANSWERS RESEARCH ABOUT FOR COMPANIES BUILD / 2026.06.04
GEESPACE logo GEESPACE Builds and operates a low-Earth orbit satellite constellation providing global IoT communications and high-precision positioning for connected vehicles 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
GEESPACE Magdrive
Founded 2018 2020
Headquarters China United Kingdom
Type private private
Status operating operating
Employees — 37
Total funding $281M $10.5M
Latest round Venture Seed
Sectors Satellite Communications, Satellite Components & Subsystems, Satellite Manufacturing Space Propulsion, Satellite Components & Subsystems
Products listed 20 3
Federal contracts — —
Launches — —
Leaders listed Dr. Wang Yang, Li Shufu, Yang Jian Mark Stokes, Dr Thomas Clayson, Harald Nieder
News mentions 0 0
SHARED SECTORS
Satellite Components & Subsystems
FREQUENTLY ASKED

How do GEESPACE and Magdrive compare?

Both companies work in Satellite Components & Subsystems. GEESPACE was founded in 2018 and Magdrive in 2020.

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