The Technology Development Board (TDB) announced on 14 October 2026 that it has signed an agreement with ideaForge Technology Limited to provide ₹151 crore in debt financing from the Research Development and Innovation (RDI) Fund. This support is part of a ₹302 crore project to develop YETI, an autonomous vertical take-off and landing (VTOL) hybrid drone designed to transport payloads up to 200 kg over a range of 200 km. The project aims to advance the technology from Technology Readiness Level (TRL)-4 to TRL-9 for use in challenging environments like high-altitude regions and deserts. The release does not say when it takes effect.
Key points
- Financial support: ₹151 crore provided via debt financing
- Total project cost: ₹302 crore
- Payload capacity: Up to 200 kg
- Targeted range: Up to 200 km
- Operating altitude: Up to 6,500 metres above mean sea level
When it applies
The document does not state when it takes effect.
Who it affects
- private company