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 Ursa Major Technologies Designs and manufactures liquid rocket engines, solid rocket motors, and hypersonic propulsion systems for commercial launch and U.S. defense applications Ursa Major Technologies logo
HEAD-TO-HEAD2 shared sectors
Magdrive Ursa Major Technologies
Founded 2020 2015
Headquarters United Kingdom Colorado
Type private private
Status operating operating
Employees 37 291
Total funding $10.5M $549.4M
Latest round Seed Debt
Sectors Space Propulsion, Satellite Components & Subsystems Space Propulsion, Satellite Components & Subsystems, Space Defense Systems
Products listed 3 6
Federal contracts
Launches
Leaders listed Mark Stokes, Dr Thomas Clayson, Harald Nieder Chris Spagnoletti, Bill Nash, Justin Siebert
News mentions 0 18
SHARED SECTORS
FREQUENTLY ASKED

How do Magdrive and Ursa Major Technologies compare?

Both companies work in Space Propulsion, Satellite Components & Subsystems. Magdrive was founded in 2020 and Ursa Major Technologies in 2015.

Which is larger, Magdrive or Ursa Major Technologies?

Ursa Major Technologies reports the larger workforce, with 291 employees versus 37.

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