SPACE INDEX COMPANIES INSIGHTS SECTORS PRODUCTS NEWS BLOG ANSWERS RESEARCH ABOUT FOR COMPANIES BUILD / 2026.06.03
Magdrive logo Magdrive Develops high-thrust electric plasma propulsion systems for satellites and spacecraft using pulsed power and solid metal propellant. vs Mynaric Manufactures optical communications terminals for satellite-to-satellite and airborne laser links, supplying inter-satellite connectivity hardware for government and commercial constellations. Mynaric logo
HEAD-TO-HEAD1 shared sector
Magdrive Mynaric
Founded 2020 2009
Headquarters Harwell Campus, Oxfordshire, United Kingdom Gilching, Germany
Type private public
Status operating operating
Employees 37 268
Total funding $10.5M
Latest round Seed
Sectors Space Propulsion, Satellite Components & Subsystems Satellite Components & Subsystems, Satellite Communications
Products listed 3 3
Federal contracts
Launches
Leaders listed Mark Stokes, Dr Thomas Clayson, Harald Nieder Joachim Horwath, Andreas Reif, Juan Carlos Lopez
News mentions 0 22
SHARED SECTORS
FREQUENTLY ASKED

How do Magdrive and Mynaric compare?

Both companies work in Satellite Components & Subsystems. Magdrive was founded in 2020 and Mynaric in 2009.

Which is larger, Magdrive or Mynaric?

Mynaric reports the larger workforce, with 268 employees versus 37.

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