Federal contractor · WASHINGTON, DC

MAGMA SPACE INC

MAGMA SPACE INC received $499.3K in federal contract obligations in FY2026, on 2 awards (−74% vs FY2025). Since FY2020: $5.1M. Its largest customer was Department of the Air Force ($499.3K).

Obligations · FY2026
$499.3K
New awards
2
Sole-source
0.0%
Single offer
100%
UEI
JZF5Y7VWJLJ1
Small business
Open in the contracts explorerRelationship graph

Spending by fiscal year

Obligations per federal fiscal year (October–September).

  1. 123.1KFY2020
  2. 759.4KFY2021
  3. 0FY2022
  4. 0FY2023
  5. 1.9MFY2024
  6. 1.9MFY2025
  7. 499.3KFY2026

Top buying agencies

Obligations in FY2026.

  1. Department of the Air Force$499.3K100%
    2 awards

What was bought · Where the work was performed

Obligations in FY2026.

What was bought

  1. Research & development$499.3K100%

Where the work was performed

  1. District of Columbia, DC$499.3K100%

Integrity signals

Shares of the year's obligations, next to the country's.

  • Low competition100%
    US 39% · $499.3K
  • Sole-source awards0.0%
    US 30% · $0
  • Single-offer competitions100%
    US 8.7% · $499.3K
  • Urgency justifications0.0%
    US 5.1% · $0

A signal is a reason to look closer, not evidence of wrongdoing: most sole-source awards are lawful and justified.

Largest awards

  1. STTR PHASE II PROPOSAL F2-17971 - MAGNETIC BEARING REACTION WHEELS FOR LOW-JITTER AND LONG-LIFE OPERATION$1.8M
    Department of the Air Force· District of Columbia, DC· Research & development· Sep 6, 2024 – Apr 14, 2026· FA864924P1116
  2. SBIR PHASE II - MAGNETICALLY LEVITATED REACTION WHEELS$499.3K
    Department of the Air Force· District of Columbia, DC· Research & development· Mar 30, 2026 – Mar 30, 2026· FA880226C0004

Federal grants & assistance received

Grants, loans (counted at their subsidy cost), direct payments and insurance, by fiscal year of the action (USAspending.gov, FABS). Reported apart from contracts and never added to them.

MAGMA SPACE INC received $0 in federal assistance in FY2026, on 0 actions (0 new awards).

Assistance · FY2026
$0
New awards
0
Actions
0

Assistance by fiscal year

  1. 275KFY2023

Source: Federal financial assistance transactions (Financial Assistance Broker Submission) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 8, 2026, loaded Oct 8, 2026 · FY2023.

Competitors

Companies that win from the same buyers in the same markets: obligations by agency and industry compared over the last three fiscal years.

Compared on 1 market (agency × industry), FY2024–FY2026.

  1. PRECURSOR SPC$4.3M−100% in FY2026
    SEATTLE, WA · 100% of this company's obligations are in markets they both serveAir Force · Scientific research and development services
  2. QUIDIENT, LLC$4.2M−100% in FY2026
    EASTON, MD · 98% of this company's obligations are in markets they both serveAir Force · Scientific research and development services
  3. KALOGON, INC.$4.1M−95% in FY2026
    MELBOURNE, FL · 97% of this company's obligations are in markets they both serveAir Force · Scientific research and development services

Showing the top 3 of 25 competitors. Open the profile for the full list.

Who sells to the same buyers in the same markets, not who wins against whom on a given contract. Prime contract obligations by the agency and NAICS code of each award; subawards are never added. A company is a family of legal entities, joined by parent UEI or, in part, by an AI reading of names.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 9, 2026, loaded Oct 9, 2026 · FY2024–FY2026.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 9, 2026, loaded Oct 9, 2026.