TDB approves ₹285 crore RDI Fund support to Chennai's Ubifly Technologies for e200X ePlane
On 23 September 2026, the Technology Development Board (DST) announced ₹285 crore support under the Research Development and Innovation (RDI) Fund to Ubifly Technologies, Chennai, for its indigenous ePlane advanced air mobility aircraft.
Summary
The Technology Development Board's support to Ubifly Technologies will be given through Optionally Convertible Debentures for a project costing ₹570 crore in total. The project aims to take the technology from Technology Readiness Level 6 to TRL 9. Ubifly's e200X is a three-seat, zero-emission aircraft for one pilot and two passengers, with a targeted range of 110 km and an ideal speed of 160 kmph. The e200X's landing gear is designed for both conventional and vertical landing.
Key facts
- Support
- ₹285 crore from TDB under the ₹1 lakh crore RDI Fund, via Optionally Convertible Debentures
- Project cost
- ₹570 crore; TRL 6 to TRL 9
- Company
- Ubifly Technologies Pvt Ltd, Chennai
- Aircraft
- e200X — three seats (1 pilot + 2 passengers), zero-emission, 110 km range, 160 kmph
- Feature
- Landing gear for both conventional and vertical landing
Practice MCQs 2 questions
Ubifly Technologies, which received ₹285 crore RDI Fund support in September 2026, is developing which product?
Show answer
Correct answer: B — A three-seat electric advanced air mobility aircraft (e200X)
Ubifly is developing the e200X, a three-seat, zero-emission advanced air mobility aircraft.
Consider the following about TDB's support to Ubifly Technologies: 1. The support will be provided through Optionally Convertible Debentures. 2. The project aims to take the technology from TRL 3 to TRL 6. Which of the above is/are correct?
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Correct answer: A — 1 only
The support is through Optionally Convertible Debentures. The project aims to move the technology from TRL 6 to TRL 9, not TRL 3 to 6.