Thank you.

That's why we are not Atlas Airshapes, but Atlas LTE.

So we are doing all kinds of platforms.

First of all, I'd like to thank you, the organizers, for this wonderful event and for yesterday's

very warm reception and everything we discussed with our all-time friends.

So let's return to the great topic of today's discussion, electric airships.

So we, by conditionally, by the source of the power on board, we can divide the electric

airships as different category.

We call it diesel-hybrid electric propulsion system, full battery electric propulsion system,

solar-powered and hydrogen hybrid.

So it can be combined with each other, and that is part of our projects.

That's why a few words about the company and the team.

So we started back 35 years ago in Ukraine, and we work in United States.

And some years in Russia, and now we located in Israel.

So during that time, we designed and produced 12-man airships of different types and many,

many tethered aerostats and several kinds of high-altitude platforms.

And as I said, right now, our facilities in Israel, we produce not only the systems for

aerostats and the airships, but also envelopes using our own material development.

So that's the line of products are quite wide.

We have high-altitude platforms.

Right now, we're developing electric sightseeing airships.

We will talk about that more in details, tethered aerostats.

And also, we produced components, specific components for other airship OEMs,

like valves, pressurizing systems, and so on.

So Atlas Electric Airships, the current development is devoted to use of airships in tourism for sightseeing.

Also, there are some other uses like aerial advertising, public safety, monitoring, and TV broadcasting.

So the project called Atlas 11 is based on our previous development.

Back 20 years ago, we developed airship called AU-30, and we produced five of them for different applications.

We've flown quite a big number of hours and set the world record of distance in 2008.

But since that time, a lot of things changed and new technology appears.

And we decided to shift our activities to tourism industry.

And it requires a lot of changes, a lot of modification in this old design.

And especially the key issue is aerobatic piston engine we use here for thrust vectoring.

This is check engine, very good one.

But unfortunately, the company went out of business and we have no opportunity to continue with this kind of engines.

And this negative event pushed us to development of electric airships.

Basically, we considered electric airships many, many years ago.

But first of all, we didn't invent electric airships.

The first electric airship was designed and produced 90 years ago in the United States, as you probably know.

But unfortunately, when we thought about electric transmission, as we call it that time,

it was a way too heavy because of weight of all components.

And that's the order of that is.

But thanks to recent development, the engines instead of 10 kilogram per one kilowatt turns into 10 kilowatts per one kilogram.

So that's 100 times difference.

And this revolutionary change enable us to to move forward with electric airship.

Of course, the batteries and fuel cells also very important and also made a lot of progress.

But the electric motors change everything.

So again, we started development of Atlas 11,

which give us possibilities to provide very high level of comfort on board.

Because right now we enable to move motors away from passenger gondola to create unobstructed view and the quiet, comfortable environment for passengers.