SPACE INDEX COMPANIES INSIGHTS SECTORS PRODUCTS NEWS BLOG ANSWERS RESEARCH ABOUT FOR COMPANIES BUILD / 2026.06.04
Magdrive logo Magdrive Develops high-thrust electric plasma propulsion systems for satellites and spacecraft using pulsed power and solid metal propellant vs Mithril Technologies Develops deployable mesh reflector antennas and adaptive radar systems for satellite communications and RF situational awareness in GEO and higher orbits Mithril Technologies logo
HEAD-TO-HEAD1 shared sector
Magdrive Mithril Technologies
Founded 2020 2023
Headquarters United Kingdom Somerville, Massachusetts
Type private private
Status operating operating
Employees 37 4
Total funding $10.5M
Latest round Seed Non Equity Assistance
Sectors Space Propulsion, Satellite Components & Subsystems Satellite Components & Subsystems, Space Domain Awareness
Products listed 3 1
Federal contracts
Launches
Leaders listed Mark Stokes, Dr Thomas Clayson, Harald Nieder Scarlett Koller, Nainika Sudheendra, Bruce Hecht
News mentions 0 3
SHARED SECTORS
FREQUENTLY ASKED

How do Magdrive and Mithril Technologies compare?

Both companies work in Satellite Components & Subsystems. Magdrive was founded in 2020 and Mithril Technologies in 2023.

Which is larger, Magdrive or Mithril Technologies?

Magdrive reports the larger workforce, with 37 employees versus 4.

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