India’s EtherealX has secured $5M in seed funding to develop fully reusable launch vehicles.
EtherealX, an Indian space startup, has raised $5 million in seed funding to develop fully reusable medium-lift launch vehicles. Founded in 2022, the company aims to create cost-effective and time-efficient space launches. Their vehicle, Razor Crest Mk-1, plans to offer full reusability, unlike partial systems like SpaceX’s Falcon 9.
EtherealX is developing its rocket engine technology and has acquired land in Tamil Nadu for its manufacturing facility. The startup plans to test its technology with a demonstrator vehicle in 2026 and is targeting a significant share of the launch market with cost-effective solutions. The funding round was led by YourNest and included other investors like BIG Capital and BlueHill Capital.
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