Thank you very much, Perry.

So I'm Nat.

I work for Hybrid Air Vehicles as a flight sciences engineer.

And the flight sciences team deals with all aspects related to flight physics.

So from aerodynamics to propulsion to stability and control, those sorts of things.

So I'm here to talk about AirLander, our aircraft.

But I'm also going to say a few words about Hybrid Air Vehicles, which is the company

that makes AirLander.

So without further ado, let's get started.

So Hybrid Air Vehicles are currently 60 plus employees.

But we've got plans to expand through the end of this year and throughout 2024 as well.

We were established in 2007.

But we have IP that goes back many, many decades.

And we also have employees working in the LTA sector their entire lives, basically,

their entire working lives.

We are based in two facilities in the UK, in Bedford.

And we hold a design organisation approval from EASA, both for whole aircraft design

as well as flight tests.

So that was very valuable for us for the flight test programme, which we conducted in 2016

and 2017, which we learned a lot from, as you can probably imagine.

So you can see our prototype in the bottom right picture there.

So that was the world's largest aircraft at the time.

And that was also the only full scale hybrid aircraft ever to have flown.

We also hold a production organisation approval under CAA for R&D work.

And that's been very useful for us to baseline the production version of this aircraft.

Right, so where are we now?

As I mentioned, we've built and flown a full sized airlander.

So that was almost 100 metres long.

We've got a very experienced airship design and test team.

And we have, as I mentioned, learned a lot from those test flights.

And we're incorporating that learning into the design of the production aircraft.

We've done a lot of work with early adopters and with our customers to really understand

what their requirements are and to design our aircraft according to those requirements.

So our plan is for the production version to fly in early 2027.

That will then undergo a full flight test programme and certification

will hopefully be with customers not too long after that.

And the full programme launch will happen by the end of this year.

So let me just say a few words about what airlander is.

So we call airlander hybrid aircraft.

It gets most of its lift from buoyancy.

So about 75, at least 75% of its lift comes from buoyancy.

But up to 25% can come from aerodynamics.

And that's what makes it hybrid because typically airships have a much lower percentage

of aerodynamic lift as a percentage of total lift.

And this is, of course, due to the unique hull shape, which has a much larger aspect

ratio than a conventional airship.

Of course, still much smaller than the aspect ratio of an airplane wing.

But still, this allows us to generate a lot more aerodynamic lift.

It's got a pressure stabilised envelope, so there's no inner structure.

And the hull pressure is about 1% of atmospheric pressure.