The deeptech ecosystem has breathed a sigh of relief after the RDI scheme got approved, but behind closed doors, VCs and startups are famished for clarity ...

Technology Readiness Level (TRL): A nine-level metric originally developed by NASA to assess the maturity of a technology from its conceptualisation to its deployment in operational settings.

The MoU also allows for the possibility of establishing a framework agreement to enable Rio Tinto to assess ELi’s performance through extended testing to Technology Readiness Level 7.