Initial magnetic measurements from the Ørsted satellite reveal lithospheric anomalies over the Antarctic that are similar to those obtained by Magsat. Accordingly, lithospheric anomalies can be extracted from the Ørsted data, despite the much greater operational altitude of Ørsted (650–865 km) relative to Magsat (350–550 km). Furthermore, these correspondences confirm the lithospheric origins for the resulting small‐amplitude anomalies in the satellite data. In studies of the Antarctic lithosphere, the Magsat data particularly were limited by the large relative uncertainties of their lithospheric components. These uncertainties occurred because the short nearly seven‐month mission more than 20 years ago collected data over austral high summer and early fall when the contaminating large‐amplitude external field effects were at a maximum. Therefore, the recent and more numerous Ørsted measurements greatly facilitate our efforts to separate effectively the core, lithospheric, and external field components for enhanced studies of the Antarctic lithosphere.