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Magdrive is building nextgeneration satellite propulsion. Space Hardware

About Magdrive

The Problem Magdrive addresses a core space pain point: fragmented operations, slow decision cycles, and poor visibility across teams. Organizations in this market often rely on disconnected tools, which creates delays, revenue leakage, and inconsistent customer outcomes.

The Solution Magdrive is building nextgeneration satellite propulsion. Space Hardware In practice, Magdrive centralizes critical workflows, automates repetitive coordination, and gives operators a real-time system of record. This reduces manual overhead and improves execution quality at scale.

Why it's growing With the rise of shifting customer expectations, faster digital adoption, and demand for measurable ROI, Magdrive is positioned to capture sustained demand. Buyers now prioritize speed, reliability, and clear ROI, and the company aligns directly with those purchasing criteria.

Culture The team operates in a fast-paced environment focused on space innovation, product velocity, and customer-centric execution. Their culture emphasizes ownership, experimentation, and measurable outcomes.

Why it Matters

Magdrive matters now because with the rise of shifting customer expectations, faster digital adoption, and demand for measurable ROI, Magdrive is positioned to capture sustained demand. Buyers now prioritize speed, reliability, and clear ROI, and the company aligns directly with those purchasing criteria.

Funding Snapshot

Total Funding: $2.00MLast Round: Growth Founders Fund, Raised $2M in 2020All Rounds: 1
  • GrowthFounders Fund, Raised $2M in 2020

Hiring Roles

No active hiring signal detected.

Meet the Founders

Tech Stack

AWSReactPythonPostgreSQL

Last updated: February 23, 2026

Magdrive intelligence brief

This profile combines core company context with linked founder, funding, and newsroom routes so readers can evaluate business momentum without switching across multiple tools. Use it as a baseline for comparing peers in the same industry and stage.

For deeper validation, pair this page with founder profile, company news coverage, and stage-based funding hubs to contextualize updates against wider market movement.

Related Companies

Alternatives in Space with comparable market signals.

Discover Now

Newsroom and topic pages connected to Magdrive.

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Contextual Research Links

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FAQs About Magdrive

Common questions people ask about this profile.

What is Magdrive?

Magdrive is building nextgeneration satellite propulsion. Space Hardware

Who founded Magdrive?

Magdrive is associated with Magdrive Team on 100Xfounder.

Where is Magdrive located?

Magdrive is listed in London, England, United Kingdom.

What stage is Magdrive in?

Magdrive is currently mapped to Growth. Funding context: Founders Fund, Raised $2M in 2020

What is the latest funding round of Magdrive?

Magdrive's latest tracked round is Growth Founders Fund, Raised $2M in 2020. Total tracked rounds: 1.

Is Magdrive hiring now?

Magdrive hiring status: no active hiring signal.

What technologies does Magdrive use?

Magdrive is associated with AWS, React, Python, and PostgreSQL.

Is Magdrive verified on 100Xfounder?

Yes. Magdrive is currently marked verified on 100Xfounder as of March 3, 2026.

How can users connect with Magdrive founders?

Users can open founder profiles, use listed company links, and track signal updates directly from the 100Xfounder directory.