Magdrive raises $10.5 million and opens U.S. office Astrobitica February 25, 2025 (Last updated: February 25, 2025) 1 minute read Magdrive plans to build a U.K. manufacturing facility and conduct on-orbit tests of electric plasma thrusters. The post Magdrive raises $10.5 million and opens U.S. office appeared first on SpaceNews. About the Author Astrobitica Administrator Visit Website View All Posts Post navigation Previous: SpaceNews Launches The SpaceNews Exchange: A New Hub for Jobs, Talent, and Connection in the Space IndustryNext: Former FCC Space Bureau chief joins law firm