To meet space science experiments in micro-gravity environment, micro-spacecraft vibration isolation technology was developed in recent years. A new kind of 2-degree-of-freedom electromagnetic actuator based on Lorentz principle was developed in this article. The composition and working principle of the actuator were introduced, the parametric model for electromagnetic actuator was established, the structural optimization was carried out with the help of genetic algorithm in the MATLAB toolbox, and the final optimal structural parameters were obtained. For achieving the magnetic induction intensity in radial and axial directions, theoretical model for electromagnetic characteristics of the 2-degree-of-freedom actuator was established, and the expression for electromagnetic force was obtained. A static electric-magnetic coupling simulation of the whole actuator and also the experiments for measuring magnetic induction and magnetic force were carried out, and the correctness of theoretical model was verified.