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 & Technology (DST) has approved ₹285 crore in financial support through Optionally Convertible Debentures (OCD) to Ubifly Technologies Private Limited, Chennai. Part of the ₹1 lakh crore Research Development and Innovation (RDI) Fund, the total project cost is ₹570 crore. It aims to advance the indigenous ePlane Advanced Air Mobility Solution (the e200X aircraft) from Technology Readiness Level (TRL) 6 to TRL 9. The e200X is a three-seater, zero-emission aircraft featuring indigenous vertical rotors, forward propellers, flight-control algorithms, power-distribution controllers, and battery-pack modules designed for advanced air mobility applications.