Magdrive secures seed funding for brand-new propulsion system which might take us to the stars

by RJ Shara | Dec 17, 2020 | Startups

A startup with a brand-new type of spacecraft propulsion system could make the interplanetary travel seen in “Star Trek” a reality. Magdrive has simply closed a ₤ 1.4 million seed round led by Creators Fund, an early investor in SpaceX, backed by Luminous Ventures, 7percent Ventures and Entrepreneur. Magdrive is establishing a next generation of […] Image: Magdrive If it works, the Magdrive engine might make spacecraft go quicker for longer. Magdrive is not alone. With Magdrive this is not simply a metaphor: their innovative plasma thruster will soon be powering satellites, but in the future could take us to deep space. …