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 Portal Space Systems Manufactures solar-thermal-propelled spacecraft buses for high-delta-v, multi-orbit maneuverability and tactically responsive space operations Portal Space Systems logo
HEAD-TO-HEAD1 shared sector
Magdrive Portal Space Systems
Founded 2020 2021
Headquarters United Kingdom Bothell, Washington
Type private private
Status operating operating
Employees 37 22
Total funding $10.5M $20M
Latest round Seed Seed
Sectors Space Propulsion, Satellite Components & Subsystems Space Transportation & Logistics, Satellite Manufacturing, Space Propulsion
Products listed 3 3
Federal contracts
Launches
Leaders listed Mark Stokes, Dr Thomas Clayson, Harald Nieder Jeff Thornburg, Ian Vorbach, Prashaanth Ravindran
News mentions 0 0
SHARED SECTORS
FREQUENTLY ASKED

How do Magdrive and Portal Space Systems compare?

Both companies work in Space Propulsion. Magdrive was founded in 2020 and Portal Space Systems in 2021.

Which is larger, Magdrive or Portal Space Systems?

Magdrive reports the larger workforce, with 37 employees versus 22.

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