Magdrive builds solid-metal-fuelled electric propulsion that gives small satellites both high thrust and high efficiency, enabling responsive orbital manoeuvre relevant to defence space. It raised €9.9 million in February 2025.
High-thrust metal-plasma electric propulsion for responsive satellite manoeuvre
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€9,900,000
Total raised
-
Valuation
42
Employees
2019
Founded
Latest round
Seed - February 1, 2025
Seed - €9,900,000
February 1, 2025
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