A PRIVATELY HELD COMPANY, MAGNASPHERE Corp. was founded in 2002 with the purpose of providing superior performing magnetic contact sensor technology to the residential, commercial, and federal government security markets.......A PRIVATELY HELD COMPANY, MAGNASPHERE Corp. was founded in 2002 with the purpose of providing superior performing magnetic contact sensor technology to the residential, commercial, and federal government security markets. Invented by Dr. Randall Woods, MAGNASPHERE represents the first significant improvement in magnetic switch and sensor technology since the introduction of the reed switch in the 1930’s. MAGNASPHERE’s patented, award-winning technology establishes new industry standards for high security contact performance while providing an affordable and more effective alternative to reed switch based security contacts.