SPACE INDEX COMPANIES INSIGHTS SECTORS PRODUCTS NEWS BLOG ANSWERS RESEARCH ABOUT FOR COMPANIES BUILD / 2026.06.03
Magdrive logo Magdrive Develops high-thrust electric plasma propulsion systems for satellites and spacecraft using pulsed power and solid metal propellant. vs Space Forge Manufactures advanced semiconductor materials and alloys in microgravity using reusable, returnable satellite platforms for return to Earth Space Forge logo
HEAD-TO-HEAD1 shared sector
Magdrive Space Forge
Founded 2020 2018
Headquarters Harwell Campus, Oxfordshire, United Kingdom Florida
Type private private
Status operating operating
Employees 37 64
Total funding $10.5M $51.2M
Latest round Seed Series A
Sectors Space Propulsion, Satellite Components & Subsystems In-Space Manufacturing, Satellite Components & Subsystems, Satellite Manufacturing
Products listed 3 4
Federal contracts
Launches
Leaders listed Mark Stokes, Dr Thomas Clayson, Harald Nieder Joshua Western, Andrew Bacon, Michelle Flemming
News mentions 0 43
SHARED SECTORS
FREQUENTLY ASKED

How do Magdrive and Space Forge compare?

Both companies work in Satellite Components & Subsystems. Magdrive was founded in 2020 and Space Forge in 2018.

Which is larger, Magdrive or Space Forge?

Space Forge reports the larger workforce, with 64 employees versus 37.

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