Exhibit 21.1

Aether Holdings, Inc.

List of Subsidiaries

Subsidiary		Place of Organization		Ownership
Sundial Capital Research, Inc.		Minnesota		Wholly-owned by Registrant
Alpha Edge Media, Inc.		Delaware		Wholly-owned by Registrant
Aether Grid Inc.		Delaware		Wholly-owned by Registrant
Aether Labs, Inc.		Delaware		Wholly-owned by Registrant