EtherealX
EtherealX (Ethereal Exploration Guild) is a Bengaluru-based private launch startup founded in 2022 by former ISRO engineers Manu J. Nair, Shubhayu Sardar, and Prashant Sharma. It is developing the Razor Crest Mk-1, billed as the world's first fully reusable medium-lift launch vehicle, along with in-house Pegasus (upper-stage) and Stallion (booster) rocket engines. The company has raised a roughly $20.5M Series A co-led by TDK Ventures and BIG Capital and reported around $130M in launch contracts.
Launches
Payloads in Orbit
Active Sats (reported)
Funding Raised
Products & Services
Razor Crest Mk-1
developmentFully reusable medium-lift launch vehicle configurable in expendable, partially reusable, and fully reusable variants; ~24.8 tonnes to LEO expendable and ~8 tonnes fully reusable, with full booster and upper-stage recovery.
Pegasus
developmentIn-house upper-stage liquid rocket engine reported at ~80 kN thrust with ~323 s vacuum Isp, using a proprietary cooling cycle and additively manufactured turbopump; hot-fire testing targeted for 2026.
Stallion
developmentIn-house first-stage/booster liquid rocket engine reported at ~1.2 MN thrust, for the Razor Crest Mk-1.
Key Challenges
No events recorded.