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 Orienspace Designs and manufactures solid and liquid-fueled launch vehicles for commercial satellite deployment via sea and land launches Orienspace logo
HEAD-TO-HEAD1 shared sector
Magdrive Orienspace
Founded 2020 2020
Headquarters United Kingdom 北京, China
Type private private
Status operating operating
Employees 37
Total funding $10.5M $600M
Latest round Seed Series B+
Sectors Space Propulsion, Satellite Components & Subsystems Launch Services, Space Propulsion
Products listed 3 4
Federal contracts
Launches 3 (67%)
Leaders listed Mark Stokes, Dr Thomas Clayson, Harald Nieder Bu Xiangwei, Peng Haomin
News mentions 0 24
SHARED SECTORS
FREQUENTLY ASKED

How do Magdrive and Orienspace compare?

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

Which has more launches, Magdrive or Orienspace?

Orienspace leads with 3 tracked launches (67% success rate).

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