SPACE INDEX
Magdrive logo Magdrive Develops high-thrust electric plasma propulsion systems for satellites and spacecraft using pulsed power and solid metal propellant vs RTX Aerospace and defense conglomerate making aircraft engines, avionics, missiles, air defense systems, and satellites RTX logo
HEAD-TO-HEAD2 shared sectors
Magdrive RTX
Founded 2020 2020
Headquarters Harwell, United Kingdom United States
Type private private
Status operating operating
Employees 37 185,000
Total funding $10.5M
Latest round Seed
Sectors Space Propulsion, Satellite Components & Subsystems Space Defense Systems, Satellite Components & Subsystems, Space Propulsion
Products listed 3 7
Federal contracts
Launches
Leaders listed Mark Stokes, Dr Thomas Clayson, Harald Nieder
News mentions 17 0
SHARED SECTORS
FREQUENTLY ASKED
01

How do Magdrive and RTX compare?

Both companies work in Space Propulsion, Satellite Components & Subsystems. Magdrive was founded in 2020 and RTX in 2020.
02

Which is larger, Magdrive or RTX?

RTX reports the larger workforce, with 185,000 employees versus 37.

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