Proof of Usefulness Report

Magdrive

Analysis completed on 2/4/2026

+73
Proof of Usefulness Score
You're In Business

Magdrive is a legitimate, venture-backed UK space tech company with significant funding (~$22.5M) and confirmed in-orbit demonstrations (2025) for its high-thrust electric propulsion. However, the submission itself contains severely inaccurate data (claiming 'everyone' as the audience and 'most people' have used it), which contradicts the specialized B2B nature of the technology. The score reflects the high real-world potential and technical innovation of the actual entity, heavily penalized by the poor quality and falsity of the submitted traction claims.

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Score Breakdown

Real World Utility+22.5
Audience Reach Impact+4.0
Technical Innovation+14.25
Evidence Of Traction+10.63
Market Timing Relevance+9.0
Functional Completeness+0.25
Subtotal+60.63
Usefulness Multiplierx1.20
Final Score+73

Project Details

Project URL
magdrive.space
Description
Magdrive is a UK-based company founded in 2019 that develops next-generation spacecraft propulsion systems, specifically high-thrust electric plasma thrusters. Their technology aims to revolutionize space travel by enabling new capabilities for small satellites, improving constellation management, and reducing barriers to entry in the space industry. Magdrive's thrusters offer high and variable impulse with high thrust, utilizing a unique magnetic field topology to contain a high-density plasma and a solid metal propellant that can be sourced from recycled materials.

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline