 Huberg is focused on developing advanced high-performance batteries for the most demanding transportation and mobility applications in the world. Areas like electric aviation, maritime, heavy-duty trucking and so forth. Aircraft electrification will be focused primarily on smaller aircraft for shorter routes and so things like urban mobility, flying around cities, as well as regional air mobility, upwards of 500 miles of flight range. The challenge of electrifying aviation is fundamentally one of battery weight. It's about really achieving higher energy per weight, which allows you to put more energy into the plane without weighing it down too much so that you can still carry passengers or cargo and fly useful distances with electrified flight. If you look at lithium-ion batteries today, they are doing a pretty good job at electrifying passenger electric vehicles, but when we look at areas like electric aviation, this is where existing lithium-ion batteries are wholly insufficient. Huberg's lithium metal batteries demonstrate about 50-70% higher specific energy and so what that means is energy per weight of battery. This combined with also the high power capability of the batteries, how fast you can get that energy out, allows us to electrify applications that were previously impossible to electrify with lithium-ion batteries. The core of Huberg's technology that makes this performance possible is our lithium metal anode, which replaces the graphite anode and is much, much lighter weight and more energy dense, and then an advanced non-flammable liquid electrolyte. This electrolyte is the core secret sauce that stabilizes the lithium metal and gives it safety and cyclability and reliability. This technology was developed originally starting from my PhD work at Stanford and when I decided to start the company, I asked around with a lot of my friends at Stanford about the best resources for clean energy startups in terms of mentorship, guidance and support and very quickly, the first resource that popped up was the Tomcat Center. Huberg is a fully owned subsidiary of Norfolk. Norfolk acquired us in 2021. It is the leading European battery manufacturer in the world right now. Huberg today has about 200 full-time employees. All of us are based in the Bay Area. This is where we have our R&D facilities as well as pilot manufacturing capabilities delivering multiple battery systems per year to customers. Huberg's batteries will go into first flight by end of next year and with flight certified for aircraft and entry into service around 2027. The Tomcat Innovation Transfer Grant as well as the support generally we've received from the Tomcat Center were instrumental in our success as a company because it really gave us that early boost support that we really needed to get off the ground and really build momentum at our organization.