PORTFOLIO
PORTFOLIO COMPANIES
Ubifly Technologies Pvt. Ltd. (ePlane)
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- Co-founder:
- Prof. Satya Chakravarthy
COMPANY PROFILE
Revolutionizing Urban Air Mobility (UAM) by manufacturing eVTOL (electric-Vertical Takeoff & Landing) aircrafts for Cargo & Passenger Transport
ePlane’s flagship product “e200” aims to address the mid-mile range (10-100km) market gap in the UAM industry. With the potential to be a market leader of eVTOLs in emerging markets, ePlane has successfully demonstrated e6 (6kg prototype), and is now testing the e50 (a 50kg subscale prototype) for cargo transport. The end-goal of the company is to build e200 (200kg) aircrafts for passenger & cargo transport.
COMPANY STORY
Origin
ePlane was founded in 2019 in Chennai (India) as a spin-off from IIT Madras, one of Asia’s foremost technical universities. Scientific co-founder Dr. Satya Chakravarthy is a Professor & Head of Aerospace Engineering at IIT-Madras with a PhD from Georgia Institute of Technology. Dr. Chakravarthy also offered the world’s first electric aircraft course and established The National Centre for Combustion at IIT-Madras.
Strength
ePlane is the first company in the world to achieve "Aerodynamic Synergy” - resulting in Super Circulation around the aircraft wing due to the wing-rotor interaction. The end-goal of the company is to build e200 (200kg) aircrafts for passenger & cargo transport, with the potential to be a market leader of eVTOLs in emerging markets
UTEC’s value add
UTEC provides the company with global perspectives on product strategy, manufacturing scale-up, business development and fundraising. In addition, UTEC also supports ePlane’s plans to collaborate with Japanese manufacturing companies and battery makers
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The ePlane team at IIT-Madras
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Mockup of ePlane’s e200 – 200kg eVTOL aircraft
STORY LIST Interviews with leaders of UTEC's portfolio companies: past and present.