• EtherealX, an Indian aerospace startup, has raised a $5 million seed funding round to develop fully reusable launch vehicles. The company aims to revolutionize the space industry by creating cost-effective and sustainable launch solutions, reducing the environmental impact of traditional rocket launches.

• The startup's focus is on developing a two-stage reusable launch vehicle capable of delivering small and medium-sized payloads into low-Earth orbit. The reusable nature of the launch system is expected to significantly lower the cost of space access, making it more accessible for a wider range of commercial and scientific applications.

• EtherealX's technology includes advanced propulsion systems, autonomous landing capabilities, and innovative manufacturing techniques to ensure the reliability and reusability of their launch vehicles. The company's vision is to establish India as a leading player in the global space industry and contribute to the growth of the country's space economy.