Flashbots is a research and development organization focused on mitigating the negative externalities posed by Maximal Extractable Value (MEV) in stateful blockchains, particularly Ethereum. The company employs a three-pronged approach to address MEV by bringing transparency, democratizing access to MEV revenue, and enabling sustainable distribution. Flashbots develops core infrastructure and ecosystem tooling to redefine the block production supply chain across blockchains. Their projects include Flashbots Protect, MEV-Share Node, Bundle Relay, and MEV-Boost Relay, all designed to protect transactions, maximize profit, and promote a decentralized blockchain ecosystem. Alongside product development, Flashbots conducts research on MEV market dynamics, blockchain design challenges, and operates as a research hub for future developments in the MEV ecosystem, furthering transparency and decentralization.