India, Oct. 14 -- The Technology Development Board (TDB), under the Department of Science and Technology (DST), Government of India, has signed an agreement with ideaForge Technology Limited for Rs 151 crore in financial assistance under the Research Development and Innovation (RDI) Fund to develop YETI, a heavy-lift autonomous aerial logistics vehicle.
The project has a total estimated cost of Rs 302 crore, with the TDB support being provided through debt financing. It aims to advance YETI from Technology Readiness Level (TRL) 4 to TRL 9, covering further development, engineering, integration, testing and validation.
YETI is being developed as a long-range, vertical take-off and landing (VTOL) fixed-wing hybrid unmanned aerial vehicle de...