A single magnetic coil floating plunger redundant gas valves is disclosed. In an illustrative embodiment, the valve may include a first plunger tube, a second plunger tube spaced a distance from the first plunger tube, a magnetic coil disposed about at least part of the first plunger tube, a first plunger disposed within the first plunger tube, and a second plunger disposed within the second plunger tube. The first and second plungers may be operatively coupled to first and second valve members. Activation of the magnetic coil may result in the first and second plungers being suspended in the plunger tubes without a hard mechanical plunger stop to selectively open corresponding valves or other actuatable components, as desired.