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 Redwire Corporation Manufactures satellite components, solar arrays, deployable structures, and spacecraft platforms for defense, civil space, and in-space manufacturing missions Redwire Corporation logo
HEAD-TO-HEAD1 shared sector
Magdrive Redwire Corporation
Founded 2020 2020
Headquarters United Kingdom Jacksonville, Florida
Type private public
Status operating operating
Employees 37 1,400
Total funding $10.5M
Latest round Seed
Sectors Space Propulsion, Satellite Components & Subsystems Satellite Components & Subsystems, In-Space Manufacturing, Satellite Manufacturing
Products listed 3 8
Federal contracts
Launches
Leaders listed Mark Stokes, Dr Thomas Clayson, Harald Nieder Peter Cannito, Chris Edmunds, Michael Gold
News mentions 0 1
SHARED SECTORS
FREQUENTLY ASKED

How do Magdrive and Redwire Corporation compare?

Both companies work in Satellite Components & Subsystems. Magdrive was founded in 2020 and Redwire Corporation in 2020.

Which is larger, Magdrive or Redwire Corporation?

Redwire Corporation reports the larger workforce, with 1,400 employees versus 37.

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