You just know that any song named "Pegasus" is going to be an epic rock song, most likely in the prog or metal side of things. Nightspell's song definitely fits that, although with members from legendary indie bands like Scarce, Swirlies, and Pistolwhip, their "Pegasus" is a little more indie than prog or metal, although not entirely prog or metal free. "Pegasus" is a giant indie rock epic, filled with swirling guitars, primal drumming, and more fuzz than you'd think possible. In all of this indie rock goodness is also some oddly catchy vocals and this hypnotic hum droning in the background off and on. This is a huge song for a band you're going to need to keep an eye on.
You can watch the video for "Pegasus" below. The song is available as a single via Red On Red Records. You can get a copy over at Bandcamp.