Magnestar
Toronto company building software that predicts and helps satellite operators avoid radio-frequency interference, now positioned as a unified intelligence platform aggregating space, Earth, ISR and spectrum data.
Canadian innovation builds a brighter tomorrow.
About
Company site: magnestar.spaceToronto company building software that predicts and helps satellite operators avoid radio-frequency interference, now positioned as a unified intelligence platform aggregating space, Earth, ISR and spectrum data.
Raised a $1.1M pre-seed round announced in January 2023, with 1862 Capital, BDC, BoxOne Ventures and Entrepreneur First participating. payloadspace.com
Awarded a CAD 229,090.35 DND IDEaS contract in July 2023 under the challenge on assured naval radio communications in complex electromagnetic environments. canadabuys.canada.ca
Won the 7th annual Startup Space competition at SATELLITE 2023, reported as the first Canadian company to take the prize. spaceq.ca
States it was founded in December 2021 in Toronto to address radio-frequency interference between satellites. magnestar.space
Won a second DND IDEaS contract, $287,500, for Omnipresent, network orchestration between terrestrial and non-terrestrial networks (CFP 6). canada.ca
Government & Grants
Government support actually received. Unpublished amounts are left out.
Innovation for Defence Excellence and Security (IDEaS), National Defence — Competitive Projects CFP 5 (assured naval radio communications) — defence contract
Technology Focus
Company site: magnestar.spaceTerms the company uses about its own work.
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