Seed · Aerospace & Defense · London, United Kingdom · Founded 2019 · 11–50 employees
Magdrive is an Oxfordshire, UK-based space technology company developing compact, high-thrust electric plasma propulsion systems for small satellites and spacecraft using solid metal propellant. Founded in 2019 by Mark Stokes and Dr. Thomas Clayson, the company has secured significant funding, including a $10.5 million seed round in February 2025, to advance its propulsion technology and establish manufacturing facilities. In June 2025, Magdrive launched its first in-orbit demonstration of the Rogue thruster in collaboration with D-Orbit, marking a significant milestone in satellite propulsion.
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