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Magnestar Inc. logo — 24/7x Clearing House for Signal Interference.

Magnestar Inc.

24/7x Clearing House for Signal Interference.

Founded 2021 4 employees Pre-Seed Total: $1.10M Information Technology, Space +1

General Information

Company Name Magnestar Inc.
Founded Year 2021
Employees 4
Industries Information Technology, Space, Telecom
Funding Stage Pre-Seed
Social

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About Magnestar Inc.

Magnestar Inc. is a startup founded in 2021 and is focused on providing the technology for operators, regulators, and military to analyze and coordinate the coexistence and impact of satellite and Earth systems from a radio frequency perspective. The company's slogan "24/7x Clearing House for Signal Interference" reflects its commitment to addressing signal interference issues around the clock. In its latest funding round at $1.10M, Magnestar Inc. attracted investments from notable backers, including Entrepreneur First, BoxOne Ventures, 1862 Capital, and the Business Development Bank of Canada. This backing demonstrates confidence in the startup's potential to make a significant impact in the Information Technology industry. The company's focus on addressing the critical issue of signal interference and its strong backing from prominent investors position it as a promising player in the industry.

Taxonomy: Signal Interference, Technology Analysis, Radio Frequency Management, Satellite Communication, Space Technology, Spectrum Rights, Deep Space Exploration, Space Mission Enhancement, Safety in Space, Space Services, Interference Prediction, Earth-Space Coordination

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $1.10M 4
Entrepreneur First BoxOne Ventures
Entrepreneur First, BoxOne Ventures +2
10 Jan 2023
Non Equity Assistance Undisclosed 1
Creative Destruction Lab
Creative Destruction Lab
01 Sep 2022

Magnestar Inc. Alternatives & Competitors

Magnestar Inc. vs
Astro Digital
Astro Digital United States

Space. Delivered.

Series A
80 employees
IoT, Space
Magnestar Inc. vs
MDA Space
MDA Space Canada

MDA Space is a trusted mission partner to the global space industry.

3537 employees
IT, Information Technology
Magnestar Inc. vs
Maxar Technologies
Maxar Technologies United States

Maxar Intelligence is a leading provider of secure, precise geospatial insights. Operating the most...

Post-IPO Debt
1361 employees
Government and Military, Space

FAQ About Magnestar Inc.

24/7x Clearing House for Signal Interference.
Magnestar Inc. was founded in 2021.
Magnestar Inc. operates in Information Technology, Space and Telecom. Its work centres on Signal Interference, Technology Analysis, Radio Frequency Management and Satellite Communication.
Magnestar Inc. has approximately 4 employees.
Magnestar Inc. has completed 2 funding rounds, raising a total of $1.10M. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Magnestar Inc. include Astro Digital, MDA Space, Maxar Technologies, Vyoma, Orbit Communication Systems. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magnestar Inc. and Astro Digital are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Magnestar Inc., https://bouncewatch.com/company/magnestar-inc, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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