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Finally senile InfoMurthy's company diversifies. So what if it's not into IT.
All just publicity I think, not even one pure launch happened.Interestingly, on Skyroot's website, they state that they are going to be one of the first Indian private sector companies to launch a satellite. One of? Are they conceding that Agnikul or some other company will achieve that goal first? Anyway, wishing them well!
Satellite manufacturers will get a 25% subsidy, capped at Rs 5 crore, in the form of launch cost assistance. Space tech organisations will receive a 25% subsidy on 'pay-per-use' charges for accessing advanced technical facilities developed by the state govt and IN-SPACe for five years post-commercial operation date.
ScamView attachment 36339
Bengaluru-based startup #EthrealX is building the world’s first Fully Reusable Medium-Lift Rocket with the first launch expected in March 2027.
![]()
EtherealX
www.etherealx.space
Is this real or starup scam?? Looks too good to be true..
Very possible, though I think someone here mentioned that they have some ex ISRO people in their fold, so that it can't be a total fraud( and i misquote). Or I could be mixing this up with another company, not Skyroot or Agnikul, which are genuine. Anyway, there are at least 5 other space start ups that are building, or claiming to build, actual launchers.Scam
Very possible, though I think someone here mentioned that they have some ex ISRO people in their fold, so that it can't be a total fraud( and i misquote). Or I could be mixing this up with another company, not Skyroot or Agnikul, which are genuine. Anyway, there are at least 5 other space start ups that are building, or claiming to build, actual launchers.
View attachment 36339
Bengaluru-based startup #EthrealX is building the world’s first Fully Reusable Medium-Lift Rocket with the first launch expected in March 2027.
![]()
EtherealX
www.etherealx.space
Is this real or starup scam?? Looks too good to be true..
Scam
Very possible, though I think someone here mentioned that they have some ex ISRO people in their fold, so that it can't be a total fraud( and i misquote). Or I could be mixing this up with another company, not Skyroot or Agnikul, which are genuine. Anyway, there are at least 5 other space start ups that are building, or claiming to build, actual launchers.
The spec is near NGLV level and we did not seen any engines of them. Out of nowhere how can they do in 2 years
Maybe over exaggerating for VC money
Spacetech startup EtherealX raises $5 million in funding
https://www.google.com/amp/s/m.econ...led-by-yournest/amp_articleshow/112314495.cms