Shambhala

Dimensional formation: Shambhala was a Support-type Teigu that takes the form of a pendant. It formerly belonged to the son of the Prime Minister, Syura and temporarily used by Lubbock of Night Raid before his death by Izou.

History
While Shambhala's exact origins are unknown, Syura seemed to like using it to ambush his enemies, teleporting them to distant locations or into traps. When activated, it created an array, and everyone standing on it would be teleported; when teleporting himself, Syura would emerge from the middle of the array.

After Lubbock killed Syura, he tried using Shambhala to escape from prison, but ended up in the same location that had been last teleported by Syura himself before - the Palace's courtyard. There, he was attacked by Izou; in hopes that he wouldn't dare to destroy the precious Teigu, Lubbock tried using Shambhala to physically defend himself, however, Izou cut him down anyway, destroying Shambhala in progress.

Abilities
Shambhala is Teigu capable of spatial manipulation. Its user is granted the ability to teleport people and objects over large distances, using markers placed at the target of the teleportation. Shambhala appears to be unable to teleport objects in rapid succession. A period of time must pass before it can be used again, as seen when Lubbock was unable to teleport immediately after using the ability once. Esdeath speculated that Shambhala requires a lot of energy to use, requiring the user to rest before using it again, however this wasn't stated by Syura himself.

Syura has been shown to be able to teleport himself into midair to ambush him enemies from above. He also had a last-resort plan that involved using Shambhala to teleport people into an active volcano, and presumably using said volcano to engulf the Capital in flames.

Trivia

 * Shambhala is the name of a Buddhism Kingdom said to be hidden somewhere in Inner Asia which is regarded as a Pure Land and a place of peace, tranquility and happiness.