Vertical Scientific and Industrial Stock Trading Company Ltd.
Historically, Vertical was conducting business in a number of different markets. In 2002, the directors decided to focus all of the company's efforts on aviation and therefore span-off the alternative revenue streams. Today, it is engaged in a number of aviation projects, many of which are innovative and next generation in nature. The business is run by Sergei Aleksandrov (born 1950) and co-directed by Tatyana Mykhaylevych (born 1962). As individuals, they are well liked, qualified aviation engineers and most of all, talented achiever's.
Prior to forming the aviation department within Vertical back in 1989, Sergei formed two aviation clubs. The first of which was for students of aviation when he was one, in 1972. The club grew to over 50 members, each contributing to the design and manufacture of small planes and gliders. They all loved to work with new and challenging projects but the club concentrated on building small aircraft, 5 in total. It ran for 14yrs with members engaged in a variety of activities, namely aircraft design, construction and modification.
In 1980, Sergei and Tatyana graduated from Kharkov Aviation Institute and decided to form, along with some 15 other people, a new club called "Free Flight". This club ran for 5yrs and in 1988, it built its first Motorglider (now for sale on this site). Sergei formed Free Flight when he was working at an aviation factory near Kharkov airport. He met several interesting and driven people who all wanted to work on more challenging and innovative aviation projects. After they built the motorglider, their combined creativity came up with a new aircraft and methodology for teaching people to fly. The aircraft and method used to learn to fly did not require dual aircraft controls or an instructor! Each summer, Free Flight members tought over 30 people to fly using this new method and aircraft. Free Flight continued to operate and began to attract many aviation specialists. It acquired qualified Yak 18T flying instructors, aviation engineers, aviation technicians, air traffic controllers and specialists in artistic design, mechanical, technical and aerodynamic engineering; about 20 talented individuals, many of whom help to form the business activities of Vertical today.
From 1990, Sergei and Tatyana studied and flew Russian Yakovlev aircraft. Along with a number of friends, they learnt how to repair, maintain and overhaul these aircraft. They overhauled everything from the undercarriage, wings, fuel tanks, propeller's and M-14P engines. Over the course of the next 2 years they maintained and overhauled some 5 Yak 18T's before in 1993 embarking on a new and most exciting project called T-1. During 1993-95, they produced detailed designs, schemes, models, options, modifications, performance charts and overhaul documents for the T-1 thus planning to deliver a powerful 6-seat, multi-surface, STOL, , 760hp turboprop aircraft. The concept for the T-1 was later moved forward and a doner aircraft was found and fitted with the Walter M601-B turboprop engine. See T-1 for more details.
Then, in 1995, the T-1 project simply had to take a back-seat due to a far more innovative next generation aviation project called Odyssey. See Project Odyssey to learn more. The project team of 15 was put together by Sergei and Tatyana; producing a culmination of talented and creative aviation specialists. These included engineers, technicians, designers and teachers, all who were focused and coordinated by Sergei and Tatyana, who also, as expected, significantly contributed to the creativity and innovative development of the project. | More on Project Odyssey |
Project Odyssey reached a stage of maturity and the project yielded significant patent potential. It is believed that their is patentable innovations
in the following categories -
aircraft design
construction and structural strength
aerodynamic composition
wing structure
aircraft profile and stability
fuel tank design
propeller encloser
landing gear
cabin flexibility
The source of this information came during 1996/97, when Vertical commissioned an intellectual property search with a patent agent at Kharkov Centre for Scientific and Technical Information. The search covered 30yrs of global aviation history and invention. Project Odyssey is the sole property of Vertical, who are now seeking Stage 2 venture capital funding for Prototype construction.
From 1998, Vertical has been funded by overhaul and modification work on Yakovlev aircraft. Since 1991 they have overhauled and maintained some 17 aircraft, (largely Yak 52, 18A and 18T's), engines , wings and propellers. Having more recently worked on various designs for a light-weight retractable amphibious undercarriage and a variety of piston engines including the M-14P and M601-B. They have successfully enhanced the fuel capacity for different Yakovlev types and have produced an enhanced Yak 18T cabin design, various fuel enhancement options and a Yak 18T window enhancement.