1421 Sofia 111033 Moscow
11 Arsenalski blvd. 1/1 Samokatnaya str.
For the past 15 years, Sky & Sea has successfully designed, developed, built and tested six different experimental prototypes of HSA-7 (Burevestnik-24). The 7th prototype is already constructed and will be the basis for mass production. The first stage of technical testing of the HSA-7 was successfully completed in September 2013, by linear testing in the waters of Lena River, based on “Action plan for the creation of high-speed fleet in the Republic of Sakha (Yakutia) for the period 2012-2016”, approved by the government of the Republic of Sakha (Yakutia). After linear testing is completed, the craft will be certified. .....
Compared to the progress in modern technologies and the rapid advance in the field of transport vehicles, the traditional vessels are falling behind and hindering the movement of a vast majority of the world population. One of the main reasons for that is the speed parameter.
At the moment, there is a new generation of high-speed craft appearing that canbe defined neither as water, nor as air or land transport. These high-speed amphibians are classified according to the IMO regulations as sea craft, capable of operating short flights at altitudes of up to 150m. Moreover they are capable of moving on any other relatively flat surface- snow, ice, sand, etc. They move by using the so called “ground effect”- the force of the dynamic air cushion, formed by the aerodynamic surfaces of the craft structure, which allows for high speed (from 150-200 to 600 km/h), while demonstrating high efficiency (higher load capacity at low fuel consumption).
High-speed amphibian craft characteristics:
Safety- the craft is capable of evading any storms and hurricanes thanks to its high speed characteristics, while its flight altitude and design enables it topromptly touch down on water in case of any fault that might occur and reach land by means of a propeller screw, even in case of complete failure or other emergency. The lack of touch with the surface and its high maneuverability, including vertical, eliminates the risk of collision with any type of surface, under-water or half submerged obstacles. In addition, only HSA Burevestnik-24 has unique safety mode, with no analogue all over the world- in case of serious damage on the hull leading to the complete flooding of the craft, it does not sink!
Environmentally friendly – as far as their cruising mode of traveling does not involve surface contact and does not leave traces, the amphibians do not affect the flora and fauna, while due to the low fuel consumption they have the best correlation “fuel consumption/load capacity” and low levels of harmful emission.
Comfort– they guarantee high level of comfort during travelling, due to the absence of oscillation thus avoiding seasickness and turbulence, which causes discomfort during flight.
Independence from geographical and climatic conditions– the specific design of the craft enables it to operate safely in extreme climatic conditions- both in deserts and marshes, as well as in frozen areas.
All technically advanced countries including Germany, France, USA, Russia, Australia, South Korea, Japan, China and others, invest heavily in the development of high-speed vessels of this type.
We can proudly state that currently the most successful achievement in the field is the Russian- Bulgarian high-speed amphibian called “Burevestnik-24”. The craft’s unique qualities and its preparation for mass production and commercial operation clearly indicate its superiority over all existing similar craft in the world.
Fields of use:
The unique technical characteristics of the high-speed amphibians, as well as their operating and economic qualities is what defines them as transport vehicles of no alternative in many socially useful activities, such as:
We entirely developed a unique self-sufficient modebased on HSA “Burevestnik-24”for the mastering of unpopulated remote coastal areas!
Regarding the business sector, these high-speed, safe and highly efficient craft would provide solution to a number of problems, thus opening totally new opportunities, which have not been accessible so far. Representatives of a wide range of businesses such as:
and others are potential qualified customers, whereas customers making use of their services shall enjoy safety, high speed, comfort and uniqueness of this type of transport. The high creditability and short-term pay-back of the high-speed amphibian predefine its accessibility even to the smallest-scale businesses and entrepreneurs.
Rendering services, which have not been possible so far, such as sea transportation at the speed of an aircraft, can actually improve the standard of living of entire regions on the Planet, whose development was hindered because of the lack of high-speed transportation of people and goods.
SKY & SEA GROUP has developed a business plan on attracting and raising leveraged finances in relation to its innovative project for a High-speed amphibian vehicle Burevestnik-24. The product anticipated as a result from the project development shall provide grounds for establishing transport networks of a new generation, meeting new contemporary demands regarding high-speed, safe, economical, ecological and comfortable sea transportation and creating a new market niche in the field of littoral transport all over the world.
The market our product relates to can be described as emerging, with perspectives of growing and expanding according to the demand of such an innovative service. From a geographical perspective, it is a worldwide market, covering any and all littoral areas of oceans, seas and larger rivers and lakes, irrespective of the climatic zone. Different external sources determine the annual turnover, generated following the sales of this type of crafts to over 5 billion EUR.
Leveraged finances are supposed to be obtained in the form of share participation of strategic partners, or as venture fund investments, bank loans or any combination of those. The overall sums required, including working capital, have been calculated to amount to 550million EUR. The following option has been assessed as the most propitious: an investment in the form of share participation to the amount of 230 million EUR, which should ensure the construction of facilities and commissioning of a mass-production, plus working capital loan to the amount of 320 million EUR, depending on the selected sales method.
Sky & Sea Ltd. shall offer its Strategic Partner a share participation in the incorporated structure to the amount of 50%, whereof, under certain conditions, a greater share can be offered, but the rights on fund (or holding) management shall be obligatorily kept, in as far as it is a necessary precondition for the successful completion of the project and the viability of the structure.
At such a scenario, upon expiration of the six-year project time line (1+5 years), SKY & SEA GROUP shall remain owner of the tangible and intangible assets, amounting to over 500 million EUR, according to initial estimation, whereas the market capitalization shall exceed 1 billion EUR, and the loan shall be repaid by means of selling finished products. The production cycle to be commenced upon project completion, as described in the business plan, shall incur expenses in the annual balance sheet to the amount of 243 million EUR, envisaged to be covered by a revolving loan, whereas the annual balance sheet income shall be 340 million EUR, with incomes from ancillary activities excluded.
With view to the complex and various tasks pending for implementation, SKY & SEA GROUP envisages incorporating fund or holding structures, as described in more details in the business plan. The founders of the Group have managed to set up a unique team of specialists to work on the project implementation, some of whom are unmatched worldwide, based on their experience. This has boosted the management's confidence in the successful solutions and completion of the tasks set.
Main Financial Indicators of the Project:
- Project completion time line – 6 years
- Total project value – 790 million EUR.
- Financing facility required – up to 550 million EUR (230 million share capital and 320 million working capital)
- IRR of the partner's share capital – 30 %
- NPV (project) – 264 million EUR.
- NPV (partner) – 152 million EUR.
- Pay-back period – 6 years
- Alleged equity participation – up to 50 %
Company Financial Parameters upon Project Completions:
The company has set as its aim to set up a facility with sufficient output to release 300 certified vessels annually, providing guarantee and follow-up servicing and securing deliveries to any location worldwide, provide training to certified craft pilots and technical maintenance specialists, as well as carry out upgrades and create and test new prototypes of High-speed amphibia. The facility shall be capable of becoming a main site for the mass introduction of HSA "Burevestnik-24" and any subsequent craft samples onto the transport service market, by means of a multiplication of the production in different locations worldwide, making use of the production and commissioning skills, achieved at this stage and backed up by the professional organization of design, test, production and training structure units.
In order to achieve these objectives, it is deemed necessary to: Establish a design and engineering department and complete the design documentation required for mass production, complete the certification tests of the craft and achieve certificate of conformity, build and assure all equipment for an experimental plant, one serial production facility, a training center for HSA specialists, two test centers, "North" and "South", a main information center, establish a logistics company as well as a test transportation company and develop the regulatory and law documentation on the implementation of high-speed vessels in the World ocean and littoral aquatic areas and have those approved by the respective ministries of the contracting parties in connection with the project implementation.
The project implementation requires investment and working capitals amounting to a total of 550 million EUR. The project implementation time line is 6 years, whereof, upon its completion the company shall have:
Sky&Sea is one of the first companies to have developed its product to a stage appropriate for commencement of a mass production of ekranoplans for consumer purposes, thus having a unique chance to take advantage of the principle "First come, first served". The finished products of the first mass-production plant shall realize sustainable annual turnover of 300 million EUR, and a gross net profit of about 90 million EUR, while ancillary incomes are anticipated from crew training, follow-up services and sales of spare parts, expert and consultancy services in the field of manufacture, certification and operation of ekranoplans. Besides, dividends are expected to be generated from participation in joint ventures of operators, participation in various governmental programs, as well as other ancillary activities.
SKY & SEA GROUP, in cooperation with relevant government authorities, is currently elaborating a pilot project for demonstration of the advantages of HSAC Burevestnik and introducing it in the work of the following departments:
The pilot project will involve working groups of experts from the different government departments, who will elaborate on a test plan and define the specific goals and objectives for the incorporation and exploitation of HSAC Burevestnik. After conducting the tests, each department will be able to define their own needs (number of operating hours per year).
The pilot project will be implemented in one or more EU countries.
The pilot project may include the following sample tests:
- To prove the craft’s 24-hour service capability at different preset locations;
- To prove the capability and efficiency in patrolling the maritime border at any time of the day during all seasons;
- To define the save limits of wind force and wave height;
- To prove the craft’s capabilities to detect, pursuit, survey, detain and convoy to a port, any vessel (including high speed) even in case of significant lead.
- Demonstration of sea rescuing operations;
- Demonstration of technical features such as: speed of arrival at the scene of an emergency; optimal comfort in the evacuation of injured crew members both from damaged vessels or from water; maneuverability; operation in extreme climatic conditions, etc.;
- Demonstration of user-friendly navigation control, etc.
One of the main priorities of the company is to establish a numerous transport operators throughout the world. The organization of the first operator was launched in 2013 in the Republic of Sakha (Yakutia), jointly with the Government of the Republic. A second project is preparing for one of the Member States of EU. Project is based on the use of High-speed amphibian complex "Burevestnik", consisting of one craft BCA-7, two crafts BCA-3 and the necessary mooring facilities for mooring of not-equipped coast. As an example are brought forecast data from the operation of transport lines with conditional route Tallinn - Helsinki, it must be borne in mind that such a business model can be implemented for virtually every coastal territory.