ideaForge secures Rs 151 Cr from govt's RDI scheme to develop its autonomous drone YETI

Leading drone manufacturer ideaForge Technology has secured a letter of intent for up to Rs 151 crore in long-term debt financing under the Government of India's Research, Development and Innovation (RDI) scheme to develop YETI, a heavy-lift autonomous aerial platform designed for operations in extreme terrains and high-altitude environments. The funding, offered at a nominal rate of interest, will support the development of YETI, a fixed-wing vertical take-off and landing (VTOL) hybrid aircraft