Plasma physicist here. While this is an idea worthy of study, the answer to the (spaceweatherarchive.com) title question is "no". The researcher's article makes simple errors in what they call " undergraduate physics" (electricity and magnetism), in basic plasma physics, and in basic algebra. As one straightforward example, their estimate of the (change in) Debye length ignores that their equations (2 and 3) are in t…
https://en.wikipedia.org/wiki/Geomagnetic_reversal
So satellites or no, something might happen to it anyway.