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Indian startup The ePlane to develop electric air taxi prototype by March 2025

Economic Times

Economic Times · 1y ago

Indian startup The ePlane to develop electric air taxi prototype by March 2025

Chennai-based startup The ePlane Company plans to develop a certifiable prototype of a flying electric taxi by March 2022. The company, incubated out of the Indian Institute of Technology (IIT) Madras, aims to address urban congestion by offering electric Vertical Takeoff and Landing (eVTOL) aircraft. The initial model will be a three or four-seater plane, with potential for conversion into an air ambulance. The ePlane Company is also working on commercialising drones with payloads ranging from 2-6 kilograms in the near future. Challenges, including safety and regulatory issues, must still be resolved for eVTOLs to become a common mode of transport within the next decade.

Related News

ePlane aims to complete air-taxi prototype by the end of 2024, says founder

Livemint

Livemint · 1y ago

ePlane aims to complete air-taxi prototype by the end of 2024, says founder

Aerospace marketplace ePlane plans to complete its prototype of the e200X air taxi by the end of the year. The company, incubated at IIT-Madras, aims to have several prototypes ready for certification and commercialization by 2026. ePlane is developing compact electric vertical-takeoff-and-landing (VTOL) air taxis and aims for full-scale urban commercialization by 2027. The company is also working on services such as agritech, medical cargo, air ambulances, and advanced aircraft development. ePlane has filed for intellectual property rights in about 30 countries and is focused on reducing road emissions through its compact vehicles.

Indian startups raise over $182 million in funding this week

Inshorts · 8m ago

Indian startups raise over $182 million in funding this week

Around 24 Indian startups collectively raised over $182 million in funding this week, higher than last week's figure of $138 million. Rural credit startup SarvaGram, electric air taxi maker The ePlane Company, vehicle intelligence firm Vecmocon and ID verification startup Equal were among those who raised funds. SarvaGram raised around $67 million, while ePlane raised $14 million.

IIT-Madras incubated ePlane receives DGCA certification for its e200X airtaxis

Economic Times

Economic Times · 5m ago

IIT-Madras incubated ePlane receives DGCA certification for its e200X airtaxis

The ePlane Company, an IIT-Madras-incubated startup, received Type Certification from India's Directorate General of Civil Aviation (DGCA) for its electric Vertical Take-Off and Landing (eVTOL) e200X aircraft, marking a first in the Indo-Pacific region. With plans to launch air taxi services by 2026, ePlane aims to transport over 500,000 people daily within three years. The certification recognizes the aircraft's high safety standards and supports India's commitment to innovative, sustainable urban mobility.

Speciale Invest, Antares Ventures co-lead The ePlane’s $14 mn Series B round

VCCircle

VCCircle · 8m ago

Speciale Invest, Antares Ventures co-lead The ePlane’s $14 mn Series B round

Indian flying taxi startup, The ePlane Company, has raised $14 million in a funding round led by Speciale Invest and Antares Ventures. The funds will be used for global regulatory certifications and to accelerate commercialization efforts. The company plans to develop and certify manned aircraft with flight testing scheduled for mid-2025. The investment will also support the scaling up of ePlane's drone technology and the improvement of its prototyping and testing facilities. The ePlane Company previously raised $5 million in January 2022 and has made progress in its product development since then.

ePlane looks to ride the Indian government's interest in air taxis with new $14M round

TechCrunch · 7m ago

ePlane looks to ride the Indian government's interest in air taxis with new $14M round

Indian startup ePlane is developing an electric vertical takeoff and landing (eVTOL) vehicle as a solution to India's traffic congestion crisis. The e200x aircraft, designed for intra-city commuting and cargo transport, features a compact wingspan of 8 meters, allowing it to land in tight spaces and make multiple short trips on a single charge. ePlane's lift-plus-cruise configuration combines vertical rotors with wings, enabling reliable and efficient flight. The startup aims to commercialize its electric air taxi in 2026 after obtaining necessary certifications and completing prototyping. ePlane recently raised $14 million in a Series B funding round to support its development and regulatory efforts.

Indian electric aircraft startup ePlane to supply air ambulances in over $1 billion deal

Economic Times

Economic Times · 5m ago

Indian electric aircraft startup ePlane to supply air ambulances in over $1 billion deal

The ePlane Company, an Indian electric aircraft startup, has agreed to supply 788 air ambulances in a deal worth over $1 billion, aiding urban travel amidst India's traffic congestion. Partnering with ICATT, an air ambulance provider, ePlane will deploy electric vertical takeoff and landing (eVTOL) aircraft. Targeting 2026 for operations, the initial production will be 100 units yearly. The aircraft will support pilots, paramedics, patients, and stretchers, requiring $100 million for further development and certification.

The ePlane company is developing India's own commercial eVTOL's

YourStory

YourStory · 1y ago

The ePlane company is developing India's own commercial eVTOL's

The ePlane Company, a Chennai-based startup, is aiming to make travel 10 times faster with its electric aircraft. Founded in 2019, the startup focuses on Urban Air Mobility (UAM) and offers safe, sustainable, and affordable flying services to ease on-road traffic congestion. The company has developed several prototypes, including e6, e50, e200, and e100, catering to different payload capacities. The ePlane e200 is India's first eVTOL transportation system, and the startup is working towards commercializing its products by 2025-26.

IIT-incubated startup's air taxis to fly in UAE & Southeast Asia

Economic Times

Economic Times · 4m ago

IIT-incubated startup's air taxis to fly in UAE & Southeast Asia

IIT-Madras incubated startup, ePlane Company, partners with Dubai-based Empire Aviation Group to globalize its electric aircraft. The collaboration aims to launch eVTOL air-taxis and air-ambulances in India, UAE, Thailand, and Indonesia, leveraging Empire's aviation expertise. Targeting a 2026 commercial launch, ePlane recently secured a $1 billion deal with ICATT for 788 air ambulances in India. Production plans involve discussing locations with state governments and seeking production partners.

Mahindra hails IIT-Madras startup developing electric flying taxis

Internet

Internet · 1y ago

Mahindra hails IIT-Madras startup developing electric flying taxis

Anand Mahindra was amazed by ePlane, a startup from IIT Madras, developing electric flying taxis for speedy urban commutes. Founder Prof. Sathya Chakravarthy plans to unveil their first vehicle in 2025. Mahindra hailed IIT Madras as a top incubator, celebrating India's tech innovation surge. ePlane aims to democratize flying, backed by investors like Angel List's Naval Ravikant.

Aerospace startup Sarla Aviation raises $10 million to build electric flying taxis

Economic Times

Economic Times · 6m ago

Aerospace startup Sarla Aviation raises $10 million to build electric flying taxis

Sarla Aviation, an aerospace startup, has secured $10 million in funding led by Accel to develop electric flying taxis. Notable angel investors like Binny Bansal and Nikhil Kamath participated. The funds will advance prototype development, establish R&D facilities, and expand the team. Aiming for a 2028 market launch, Sarla plans to tackle urban congestion and pollution. The first prototype, Shunya, will debut in January 2025 at a New Delhi expo.

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