Indian eVTOL Developer Signs $1B MOU for 788 Air Ambulances
In a groundbreaking move for the electric vertical takeoff and landing (eVTOL) industry, The ePlane Company has signed a memorandum of understanding (MOU) reportedly valued at $1 billion to supply 788 air ambulances for India’s critical care sector. The deal, announced on February 17, 2025, with the International Critical Care Air Transfer Team (ICATT), marks what ePlane describes as the “largest initial agreement in the eVTOL industry.”
ICATT, a specialized air ambulance service operating a fleet of helicopters and fixed-wing aircraft, sees significant potential in integrating ePlane’s innovative eVTOL technology into its operations. The organization believes that the e200x eVTOL aircraft will allow paramedics to reach patients more quickly in India’s congested cities and towns, bridging the critical time gap between accident sites and medical facilities.
“At its core is the e200x, an eVTOL aircraft with rooftop takeoff capability that can transport patients up to seven times faster than conventional road vehicles,” explained The ePlane Company. The e200x is being designed to travel up to 68 miles with a top speed of 124 mph and accommodate two passengers, making it ideally suited for rapid medical transfers in urban environments.
The ePlane Company has also achieved a significant regulatory milestone by becoming the first private Indian firm to receive Design Organization Approval (DoA) from India’s Directorate General of Civil Aviation (DGCA) for an electric aircraft. The company aims to manufacture a certifiable eVTOL aircraft by March 2025 and commence commercial operations in 2026.
The MOU was signed at Aero India 2025, held in Bengaluru from February 10 to 14, 2025. In a LinkedIn post, Satya Chakravarthy, Founder of The ePlane Company, hailed the collaboration as “a monumental step in expanding aerial medical services. Faster airlifts will bridge the gap between accident sites and medical facilities—reducing fatalities and improving accessibility.”
Echoing this sentiment, Shalini Nalwad, Founder of ICATT, commented on LinkedIn: “This is going to be a very good solution in terms of organ air-lifts. Ninety-five percent of the registered patient recipients die before they get an organ. This is purely because of the lack of logistics, not due to lack of donors. This collaboration is going to solve this problem and redefine access to healthcare in India.”
With this ambitious agreement, both The ePlane Company and ICATT are set to transform emergency medical services in India. By harnessing the speed and efficiency of eVTOL technology, the collaboration promises to significantly reduce response times and enhance the survival prospects of critically ill patients in the country.
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