Company Active LTD

Company profile

Magdrive Ltd

Magdrive

Magdrive Ltd is a UK company with status active founded in 2019 based in South East England.

CRN
12206174
Founded
2019
Age
6

Overview

Legal name
MAGDRIVE LTD
Region
South East England
Registered address
UNIT 4 BEP-0 BUILDING
THOMSON AVENUE
HARWELL OXFORD
UNITED KINGDOM
OX11 0GD
Insolvency history
No

Company events

Reference milestones and recent Companies House filing stream events.

6 events
28 Jan
2027

Confirmation statement due

Confirmation Due

Next confirmation statement due date

30 Sep
2026

Accounts due

Accounts Due

Next accounts due date

03 Jul
2026

Accounts With Accounts Type Total Exemption Full

Accounts Awaiting analysis

AA | Transaction MzUzMDMwMDkwNGFkaXF6a2N4

Published 03 Jul 2026 10:13

14 Jan
2026

Confirmation statement filed

Confirmation

Last confirmation statement made up date

31 Jul
2024

Accounts filed

Accounts

Last accounts made up date

13 Sep
2019

Incorporated

Inception

Company registered at Companies House

Public funding

3 awards
First funded
2020
Funded years
2020, 2022, 2023
Age at first award
1 years

Projects

2023 Collaborative R&D Lead participant

Next Generation UK Satellite Propulsion for the Global Constellation Market

1 May 2023 to 30 Apr 2024

Awarded
£249,270
Total cost £356,100

The Magdrive Nano is a revolutionary electric plasma thruster capable of both high thrust and high efficiency for satellites and deep space transport. The Magdrive Nano reduces the required propellant for satellite lifetimes and manoeuvres. This makes new missions possible for small and large companies from startups to industry primes, such as rendezvousi...

2022 EU-Funded Lead participant

Magdrive-Nano

1 Oct 2022 to 30 Sep 2024

Awarded
£2,148,752
Total cost £3,069,646

no public description

2020 Collaborative R&D Lead participant

Magdrive Pulsed Power System for Advanced Satellite Propulsion

1 Nov 2020 to 30 Jun 2021

Awarded
£99,999
Total cost £99,999

Magdrive is developing a revolutionary space propulsion system for small satellites. This system will operate with the high efficiency of electric propulsion while providing the high thrust advantage seen with chemical propulsion systems which still currently dominate the market. This allows for cheaper satellite launch through improved fuel efficiency, f...

Product types

Collaborative R&D EU-Funded