  The narrow line Seyfert 1 (NLS1) IRAS 13224-3809 is the most X-ray variable
active galactic nucleus (AGN), exhibiting 0.3-10 keV flux changes of over an
order of magnitude within an hour. We report on the results of the 1.5 Ms 2016
XMM-Newton/NuSTAR observing campaign, which revealed the presence of a 0.24c
ultra-fast outflow in addition to the well-known strong relativistic
reflection. We also summarise other key results of the campaign, such as the
first detection of a non-linear RMS-flux relation in an accreting source,
correlations between outflow absorption strength/velocity and source flux, and
a disconnect between the X-ray and UV emission. Our results are consistent with
a scenario where a disk wind is launched close to the black hole, imprinting
absorption features into the spectrum and variability.
