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Magdrive

Magdrive

Private
DidcotFrontier & Industrial Techhttps://magdrive.space

Last Round

Seed

Feb 25, 2025

Total Funding Raised

$12.56M

Company Overview

Magdrive operates in Frontier & Industrial Tech and is based in Didcot. Its latest recorded funding round was a Seed round in February 2025.

Magdrive is an aerospace company that develops compact, high-thrust electric plasma propulsion systems for satellites and spacecraft.

Sector

Frontier & Industrial Tech

Verticals

Space Technology, Defense Tech

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting

AI Layer

Non-AI

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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Magdrive Comparables

Compare Magdrive with similar companies based on industry and business-model similarity.

Magdrive comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
ThrustMe
88%
Morpheus Space
88%
Enpulsion
87%
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Magdrive Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 25, 2025
GrantFeb 22, 2024
GrantOct 6, 2021
Pre SeedDec 17, 2020
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Key People

Founding team and executive leadership

Jerry Welsh

Global CFO & U.S. CEO

Executive Team

Mark Stokes

CEO And Cofounder

Founding Team

Thomas Clayson

Chief Technology Officer

Executive Team

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Magdrive Investors

Notable investors and investment history

Magdrive investors
InvestorRounds
European Innovation Council FundGrant
Balerion Space VenturesSeed
7 Percent VenturesSeed, Pre Seed
Founders FundSeed, Pre Seed
Outsized VenturesSeed
Innovate UKPre Seed
Luminous VenturesPre Seed
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 3, 2025

    Developing a compact plasma propulsion system for satellite constellations.

  • Jul 23, 2025

    Signed MoU with Perpetual Atomics for space nuclear power systems.

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Magdrive Filings

Explore SEC and related filing metadata, where available.

Magdrive filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Magdrive's valuation, stock price, and market status.

Is Magdrive a public or private company?

Magdrive is a private company.

What is the current stock price of Magdrive?

Magdrive is a private company, so its shares have no public market price. Caplight tracks Magdrive's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Magdrive worth (valuation)?

Valuation information for Magdrive is not publicly available.

Can I buy Magdrive stock?

Magdrive shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Magdrive's last funding round?

Magdrive's most recent funding round was Seed on February 25, 2025.

Who are the main investors in Magdrive?

Key investors in Magdrive include Founders Fund, Redalpine.

Will Magdrive IPO soon?

No public IPO plans have been announced for Magdrive.

How can I track Magdrive secondary market activity?

Caplight tracks bids, offers, and trades in Magdrive's shares on secondary markets.

Firmographic Details

HeadquartersDidcot
Employee Range40
Year Founded2019
Last FundingFeb 25, 2025

Institutional Data Access

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