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Magnestar Inc.

Magnestar is a Toronto space-tech startup building radio-frequency spectrum-management software for the satellite industry. Its platform helps operators, regulators and defence groups coordinate spectrum and predict signal interference as tens of thousands of satellites compete for finite communication bands.

Space techTorontoFounded 2021magnestar.space

The people

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About

Founded in Toronto in 2021 by Jacqueline Good, Magnestar builds software to manage radio-frequency spectrum for satellites, mapping and monitoring Earth-to-space communications to predict interference and speed coordination. The company came through Entrepreneur First and Creative Destruction Lab's space stream, was the first Canadian company to win the SATELLITE startup award, and has expanded into providing spectrum data as a service.

Backers

Came through Entrepreneur First and Creative Destruction Lab; reported seed funding around US$1.1M from early-stage space investors.

Some figures are founder-stated, not independently confirmed

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Quick answers

What does Magnestar do?

It builds radio-frequency spectrum-management software for satellite operators, helping them coordinate spectrum and predict signal interference.

Who founded Magnestar?

Jacqueline Good founded Magnestar in Toronto in 2021 and is its CEO.

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Maintained by TechTO · facts sourced and dated · last reviewed Jul 23, 2026