Electra.aero’s Post

Transcript

Of the scheduled error with this this product. Yeah. So you know a couple of different categories of people who are already in the LOI order book, right. So there's first cargo and passenger, so two different devices right there. And on the cargo side what this airplane can do that's novel is it can actually fly directly out of the parking lot of a factory where you have goods with real time value sensitivity. Think consumer electronics, think pharmaceuticals, think cosmetics and can fly directly out of the parking lot of a factory 500 nautical miles. To a warehouse or distribution center, whether it's a third party logistics provider or one of the major one of the major delivery companies we know in the United States. And what you've done there is you've taken out truck to airport, fly plane from airport to airport and then truck and handling back to the warehouse. And so you've taken all that middle handling out and taking out the truck and you can get a huge efficiency on cargo on passenger. I think what you're going to see is a mix. First of all, the new technologies that are allowing companies to do a lot of rideshare on the ground. Are going to be used we can see the technology already developing going to be used by those who are pursuing advanced air mobility, whether it be the EV tell markets or some of the other markets. Those technologies for connecting passengers to the transport solution are going to be doing different. They'll enable some some individualized rideshare. On the other hand, we also see demand for scheduled service. And so we just heard the conversation the last panel about part 380 and there is this interesting middle ground of scheduled service that's an. Out of non traditional FBI or non scheduled environments and this plan which would be a nine passenger in the product will be a perfect, perfect size. But what you see on the screen behind us is the two seed prototype which has been flying for about a year now proving out the technology, proving out the capability, proving out the hybrid electric distributed propulsion system. But then the product would be a nine passenger plane.