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 OneSpace Develops small solid-fuel launch vehicles and rocket propulsion systems, and provides rapid-response commercial launch services for microsatellite and nanosatellite customers OneSpace logo
HEAD-TO-HEAD1 shared sector
Magdrive OneSpace
Founded 2020 2015
Headquarters United Kingdom Beijing, China
Type private private
Status operating operating
Employees 37 140
Total funding $10.5M $120M
Latest round Seed Series C
Sectors Space Propulsion, Satellite Components & Subsystems Launch Services, Space Propulsion
Products listed 3 6
Federal contracts
Launches 1 (0%)
Leaders listed Mark Stokes, Dr Thomas Clayson, Harald Nieder Shu Chang, David Chen
News mentions 0 0
SHARED SECTORS
FREQUENTLY ASKED

How do Magdrive and OneSpace compare?

Both companies work in Space Propulsion. Magdrive was founded in 2020 and OneSpace in 2015.

Which is larger, Magdrive or OneSpace?

OneSpace reports the larger workforce, with 140 employees versus 37.

Which has more launches, Magdrive or OneSpace?

OneSpace leads with 1 tracked launches (0% success rate).

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