India, Oct. 14 -- The Technology Development Board (TDB), under the ministry of science and technology, has signed an agreement with Mumbai-based ideaForge Technology Limited for Rs.151 crore in financial support to develop YETI, a heavy-lift autonomous aerial logistics vehicle designed to transport payloads of up to 200 kilograms over a targeted distance of 200 kilometres.

The project, with a total cost of Rs.302 crore, will receive support through debt financing under the government's Research Development and Innovation (RDI) Fund.

It aims to advance the indigenous platform from Technology Readiness Level (TRL)-4 to TRL-9, the stage associated with demonstration in the intended operational environment and readiness for deployment, sub...