TDB-DST backs India’s next-generation air mobility ambitions with ₹285 crore RDI support to Ubifly Technologies
The Technology Development Board (TDB) under the Department of Science and Technology has approved ₹285 crore in financial support to Ubifly Technologies for its indigenous ePlane Advanced Air Mobility Solution. The project aims to advance the e200X aircraft from Technology Readiness Level 6 to 9 with a total approved cost of ₹570 crore. This initiative seeks to promote indigenous capabilities in deep technology and commercial deployment of advanced air mobility.
Why It Matters
This press release is relevant for competitive exams covering government initiatives in science and technology, deep-tech funding, and indigenous industrial development.
In Simple Words
The Technology Development Board (TDB) and Department of Science & Technology (DST) are providing ₹285 crore to Ubifly Technologies in Chennai. This funding supports their Research Development and Innovation (RDI) Fund project to advance the indigenous ePlane Advanced Air Mobility Solution.
The project has a total cost of ₹570 crore and will push the e200X aircraft technology from Readiness Level 6 to 9. The e200X is a zero-emission, three-seater aircraft with vertical rotors and forward propellers, designed to boost India's private-sector-led deep-tech and advanced air mobility ecosystem.
Key Points
- TDB-DST approved ₹285 crore financial support to Ubifly Technologies Private Limited, Chennai.
- Support is given under the Research Development and Innovation (RDI) Fund for the ePlane Advanced Air Mobility Solution.
- Total approved project cost is ₹570 crore.
- The project transitions technology from Technology Readiness Level (TRL) 6 to TRL 9.
- Support is provided through Optionally Convertible Debentures (OCD).
- The e200X is a three-seater, zero-emission aircraft with one pilot and two passengers, a 110 km range, and 160 kmph speed.
- Project is categorised under Deep Technology with Space Technologies as the sub-sector.
- Sh. Rajesh Kumar Pathak is the Secretary of TDB.
Exam Angle
A. ₹570 crore
Source: Press Information Bureau