Magma Space

Magma Space is a United States-based startup that has garnered attention for its pioneering work in developing state-of-the-art satellite control and power systems. Utilizing innovative low-power magnetic bearing design, the company aims to address the challenges of satellite vibrations, providing an exceptionally stable platform for precision applications such as optical communication, remote imaging, and directed energy. Moreover, Magma Space's technology enables high-power capabilities through flywheel energy storage, offering superior reliability compared to traditional ball-bearings, and simplified implementation via plug-and-play control software. The company's remarkable efforts have attracted support from influential entities such as NASA, NSF, and the DOD. Recently, Magma Space secured a notable $20.00K Pre Seed Round investment from Techstars in September 2023, signaling a significant vote of confidence in the company's innovative approach and potential to transform the aerospace industry.