from their website
A key safety system is the parachute system. This is a ballistic parachute system, with ballistic extraction and inflation of the chute. This leads to very quick chute opening, which enables the pilot to be saved in the case of a catastrophic failure down to a low height.
looks like they'll be out for commercial sales down the track which suggests they're confident they can convince the regulator an engine failure is survivable at pretty much all heights