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The ePlane Company, a Chennai-based startup incubated at the Indian Institute of Technology (IIT) Madras, is making significant strides in developing innovative aerial transportation solutions.
The startup has announced plans to develop a certifiable prototype of a flying electric taxi by March 2025. The development is part of their broader strategy to address urban congestion through advanced technology.
Recently, IndiGo parent Interglobe partnered with Archer Aviation, a pioneer in electric aviation from the US, to launch a futuristic all-electric air taxi service in India by 2026.
Development and certification process
Founder and CEO Satya Chakravarthy explained the company's ambitious timeline for the electric Vertical Takeoff and Landing (eVTOL) aircraft.
"By March next year is when we expect to develop the first certifiable prototype. It will take another couple of years to get the certification from the Directorate General of Civil Aviation (DGCA)," Chakravarthy stated.
The aircraft is planned to initially accommodate three to four passengers and could be converted into an air ambulance, showcasing its versatility.
Strategic expansion and drone commercialization
Parallel to their eVTOL development, The ePlane Company is also advancing in the drone market.
The startup plans to commercialize drones capable of carrying payloads ranging from 2 to 6 kilograms in the coming months, with further plans to introduce drones capable of carrying up to 50 kilograms.
These drones are designed to fly distances of 40-60 kilometres, potentially transforming delivery and logistic operations for various industries, as per the startup.
Expanding presence globally
The ePlane Company is not just focused on technological innovation but also on expanding its market presence globally. With operations already spread across nine countries and plans to enter the US market, the startup aims to position itself as a key player in the urban air mobility space.
"We have some of the best brands in the country in the food and beverage space, as well as other retail spaces like clothing and jewellery stores. Now that we have a good product and strong market penetration, the goal is to expand further," Chakravarthy said.