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 NanoAvionics Manufactures standardized nanosatellite and microsatellite buses and provides end-to-end small satellite mission integration services NanoAvionics logo
HEAD-TO-HEAD1 shared sector
Magdrive NanoAvionics
Founded 2020 2014
Headquarters United Kingdom Vilnius, Lithuania
Type private private
Status operating operating
Employees 37 250
Total funding $10.5M $16.5M
Latest round Seed Grant
Sectors Space Propulsion, Satellite Components & Subsystems Satellite Manufacturing, Satellite Components & Subsystems
Products listed 3 14
Federal contracts
Launches
Leaders listed Mark Stokes, Dr Thomas Clayson, Harald Nieder Atle Wollo, Fredrik Aarrestad, Rasa Stukiene
News mentions 0 17
SHARED SECTORS
FREQUENTLY ASKED

How do Magdrive and NanoAvionics compare?

Both companies work in Satellite Components & Subsystems. Magdrive was founded in 2020 and NanoAvionics in 2014.

Which is larger, Magdrive or NanoAvionics?

NanoAvionics reports the larger workforce, with 250 employees versus 37.

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