SPACE INDEX COMPANIES INSIGHTS SECTORS PRODUCTS NEWS BLOG ANSWERS RESEARCH ABOUT FOR COMPANIES BUILD / 2026.06.03
Innospace logo Innospace Hybrid rocket-powered small satellite launch vehicles delivering low-cost, customized rapid access to sun-synchronous and 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
Innospace Magdrive
Founded 2017 2020
Headquarters 세종특별자치시 가름로 232 세종비지니스센터 A동 412호 (30121) Harwell Campus, Oxfordshire, United Kingdom
Type public private
Status operating operating
Employees 55 37
Total funding 38800000 $10.5M
Latest round Post-IPO Equity Seed
Sectors Launch Services, Space Propulsion Space Propulsion, Satellite Components & Subsystems
Products listed 5 3
Federal contracts
Launches 4 (25%)
Leaders listed Soo-Jong Kim, Hun Jung, Chan Jung Kim Mark Stokes, Dr Thomas Clayson, Harald Nieder
News mentions 0 0
SHARED SECTORS
FREQUENTLY ASKED

How do Innospace and Magdrive compare?

Both companies work in Space Propulsion. Innospace was founded in 2017 and Magdrive in 2020.

Which is larger, Innospace or Magdrive?

Innospace reports the larger workforce, with 55 employees versus 37.

Which has more launches, Innospace or Magdrive?

Innospace leads with 4 tracked launches (25% success rate).

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