SPACE INDEX COMPANIES INSIGHTS SECTORS PRODUCTS NEWS BLOG ANSWERS RESEARCH ABOUT FOR COMPANIES BUILD / 2026.06.03
K2 Space logo K2 Space Designs and manufactures large-scale, high-power satellite platforms with in-house electric propulsion and avionics for multi-orbit missions. vs Magdrive Develops high-thrust electric plasma propulsion systems for satellites and spacecraft using pulsed power and solid metal propellant. Magdrive logo
HEAD-TO-HEAD2 shared sectors
K2 Space Magdrive
Founded 2022 2020
Headquarters Torrance, California, USA Harwell Campus, Oxfordshire, United Kingdom
Type private private
Status operating operating
Employees 159 37
Total funding $429M $10.5M
Latest round Series C Seed
Sectors Satellite Manufacturing, Satellite Components & Subsystems, Space Propulsion Space Propulsion, Satellite Components & Subsystems
Products listed 3 3
Federal contracts
Launches
Leaders listed Karan Kunjur, Neel Kunjur, John Plumb Mark Stokes, Dr Thomas Clayson, Harald Nieder
News mentions 0 0
SHARED SECTORS
FREQUENTLY ASKED

How do K2 Space and Magdrive compare?

Both companies work in Satellite Components & Subsystems, Space Propulsion. K2 Space was founded in 2022 and Magdrive in 2020.

Which is larger, K2 Space or Magdrive?

K2 Space reports the larger workforce, with 159 employees versus 37.

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