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                                             Tech Mahindra Collaborates with ASKA to Create the
                                             Best Drive-and-Fly Experience


        Tech Mahindra, a leading provider of digital   composites  and advanced  materials,   scalable  to  solve  the  problem  of  traffic
        transformation, consulting  and  business   crash  dynamics  (automotive  and  congestion.  Lakshmanan Chidambaram,
        re-engineering  services,  announced  that   aerospace), battery and structural testing.   President  – Enterprise  Americas, Tech
        it has collaborated with ASKA, a drive and   Guy Kaplinsky, Co-founder  and CEO of   Mahindra, said,  “The development of
        fly company that offers consumers a new   ASKA,  said,  “We  are  confident  that  our   drive-and-fly vehicles is an emerging area
        generation commuter vehicle by combining   engagement  with  Tech Mahindra will   of innovation globally,  which can  play  a
        the convenience  of  an  automobile, with   boost  ASKA’s development,  testing and   great role in creating best travel experience
        the  safety,  ease  and  efficiency  of  VTOL   certification  process  to  meet  ASKA™’s   with minimal infrastructure investment
        (Vertical Take-off And Landing) and STOL   commercialization target for 2026.  Tech   and low  environmental impacts.  We
        (Short  Take  Off  and Landing)  flight, to   Mahindra’s aim to deliver tomorrow’s   look forward  to  creating synergies with
        create the best drive-and-fly experience.   experiences  today, solidly supports our   ASKATM  by  working on the engineering
        The collaboration aims  to solve the   mission to solve the worldwide problem   design  and analysis  of fly  and drive
        worldwide  problem  of  traffic  congestion   of traffic congestion and improve people’s   eVTOL, and thereby delivering tomorrow’s
        and improve people’s quality of life with   quality of life.”  ASKATM  is  a  4-seater   experience  today,  which forms  the core
        the  world's  first  viable  drive  &  fly  eVTOL   electric flying vehicle that can drive like a   objective of our NXT.NOWTM  strategy.”
        (Electric drive & fly Vertical Take-off  and   car and take off vertically to fly efficiently   As  part  of the NXT.NOWTM  framework,
        Landing). This collaboration  will  leverage   like an  aircraft  with  a  maximum  flight   Tech  Mahindra aims  to enhance  human
        Tech Mahindra’s  extensive  expertise  in   range of 250 miles on a single charge. It   centric  experiences for businesses.  This
        the engineering  space that  comes  with   is also equipped with a range extender   means focusing on investing in emerging
        decades  of experience  of working with   engine  that  charges the batteries  during   technologies  and  solutions that  enable
        top aerospace and automotive customers.   flight.  The collaboration will  accelerate   digital transformation to better meet the
        Further, through this engagement,  Tech   the  eVTOL’s development,  testing and   evolving needs  of its  customers  through
        Mahindra will support ASKA  in the  areas   certification  and  thereby  escalate  its   our DigitALL framework
        of design, analysis,  development of   commercialization by 2026, making it

        Tech Mahindra Emerges as the Only Indian Company in the Forbes’
        Blockchain 50 List


        Tech Mahindra, a leading provider of digital
        transformation,  consulting,  and  business
        re-engineering services & solutions, today
        announced  that it  has been  included  in
        the Forbes Blockchain 50  list,  a  highly-
        respected  global  listing of pioneering
        companies,  startups, and influencers
        in the distributed ledgers  space, for the
        second  consecutive year.  Tech Mahindra
        is the only Indian company out of the 50
        companies that has been included in the
        list.  Tech  Mahindra has been  recognized
        for developing  more than 60  blockchain-
        based products spanning telecom, media
        and entertainment, manufacturing,  retail,
        and energy.  Its  work  around  blockchain-
        based unit-level  traceability solution for   Dhuddu, VP & Practice Leader, Blockchain   supply chain operations, facilitate  real-
        global vaccine supply, ‘VaccineLedger’ was   & Cybersecurity, Tech  Mahindra, said,   time view of all transactions, and eliminate
        specifically highlighted. The solution helps   “The COVID-19 pandemic accelerated the   the ‘trust gap’ amongst  all  the emerging
        in predicting  and preventing  failures in   adoption  of emerging technologies and   technologies.  At  Tech Mahindra, we  are
        supply chains, including problems related   Blockchain has  emerged as  one of  the   at the forefront of leveraging Blockchain-
        to  wastage through  expired vaccines,   key technologies that is best equipped to   based solutions and are pioneers  in
        stock-outs, and  counterfeiting.  Rajesh   significantly improve the efficiency of any   leveraging  NFTs and Digital Identities  to

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