Fancy a lift, both literally and metaphorically. Volocopture is a German startup that makes all electric flying taxis. And after testing them in Singapore, the company is now hoping for approval in the United States and the European Union. Some of the big names backing Volocopture include Daimler and Intel, Florent Reuters, the CEO of Volocopture. And he joins us now, Florent, fantastic to have you on the show. Just explain what makes the Volocopture different from an ordinary helicopter and why you expect and want to see the US and Europe sign off on getting these entities. Yes, good morning. So great to be with you. Volocopture is different to a traditional helicopter, numerous ways. Right? There had been several technological advances that now enable us to build aircraft that weren't possible in the past. A Volocopture is electrically powered. We have a battery as the main energy source. We have 18 independent rotors. So we have a huge redundancy in our electrical culture and train, meaning that if a critical component fails, we can still compensate for it and continue our flight safely, ultimately resulting in unprecedented safety levels, which is what really triggered the interest of the regulators all around the world, acknowledging that now we can build vehicles that are much safer, quiet, and emission-free. I mean, this is classic, because that was going to be my next question was in New York City. We'd have helicopters flying around all over the place, and it was safety concerns that locked it down. So it's the safety aspect that's interested cities. This is very important too. Okay, autonomous or not, because I've looked at pictures of this, and I'm sure our BDI viewers will be looking in trying to understand whether it's being flown or how it's operated. Walk us through that. So, as you rightly said, certification is the key, and in order to be certified, you need to validate and verify on how safe you are. They asked that the European Aviation Safety Agency has set out a whole new regulatory framework for these types of mobile aircraft, and they demand us to be as safe as a commercial airliner. So think of a flight in a world of copters being as safe as a flight in the United Airlines flight. When we now talk about the introduction, you know, in cities, it's all about implementing the full ecosystem to then not only have a safe aircraft, but to also operate them safely. And all of those boxes we can tick. When talking to, you know, the European Union versus FAA and the US and the rest of the world, historically, it's been that Airbus and Boeing, you know, FAA and the AASA have led the field in terms of regulatory framework. In this case, the European Union has stepped forward. We are based in Germany, so we are, you know, eyeing to get fully commercially certified with AASA first. But now, very recently, we have, you know, agreed with FAA that FAA is accepting the European Union Safety Standards, which offers the opportunity to do a concurrent validation, meaning we don't have to run through a separate certification process in the US. We will actually have to just simply hand in the documents that we are providing in Europe. And that allows us to be, you know, to get the approval to fly in the US about three to six months later than we will in Europe. And for Europe, we are about to start as early as within the next two years. Wow, it's fascinating. Again, we're just showing some video. And you can't fail that notice the Marina Bay Suns in Singapore, that hotel, clearly very legendary. I know you did test flights there. The talk is that within three years, you can have these some volocopters up and running. And you're selling test flights, I think, as well, or at least the early flights for $360 for 15 minutes. Talk to you about what this is going to cost, because that still feels really expensive. And with all the hype surrounding autonomous vehicles, they were promised in a few years, we're still waiting. Can you really get these things up in the sky in Singapore at the very least within three years? Absolutely, we can. And I think the footage that you just commented on, you know, is proof point to that, right? We have a tremendous track record of public demonstrations, always with full approval of the respective authorities. You know, we will have flown autonomously in Dubai as early as 2017. We received our first approval to participate in the German airspace back in 2016. That's almost five years from now. So we have a tremendous track record of that. When we now look at the deployment in Singapore, as I mentioned earlier, AAS and FAA historically have led the way in terms of introducing new types of technologies. But clearly here, the huge market opportunity lies in the mega cities in Asia. And that's why we have a very strong focus in Asia. We make sure that the regulators, you know, on the ground, familiarize themselves with our technology. They are on board with our, you know, certification process in Europe that goes all the way to, for example, with the civil aviation of the Indian Singapore. We have agreed a same day certification as in Europe, meaning we're opening up these markets from a regulatory perspective as we move forward to complete our certification process in Europe. In terms of pricing, you know, we will be able to offer flights in the order between two and three hundred euros from the start, we're going to be on the back, depending on currency, you know, from the start. Of course, our intention is to move to much lower price points as we scale our, you know, manufacturing and also as we scale our operations. We believe price point in the range of a today's taxi is attainable. But I would suggest that's about five years out there. Oh, Floring, come back and talk to us soon. I want to track your progress. The price point. I even nominate myself. If you ever want to test these in New York, we're allowed to. I'm here. It looks amazing. Floring, Root. Absolutely. See you in the other cocktail. So thank you so much.