<p>➀ Magdrive, a UK space tech startup, has raised $10.5 million in seed funding led by Redalpine. </p><p>➁ The funds will be used for R&D, building a manufacturing facility in the UK, and establishing a US office. </p><p>➂ Magdrive is developing a satellite propulsion system using metal propellant, aiming to improve maneuverability and longevity of spacecraft.</p>