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Design reports from early 1952 outlined key features of a new gas turbine propelled engine and disc-shaped vehicle: an inner disc with central eye intake with an outer, counter-rotating disc, with rear-directed thrust nozzles, later refined to include controlling the aeroplane by thrust vectoring and stabilizing the vehicle by having the large engine rotor act as a gyroscope.
The aircraft was designed for vertical take-off and landing which was thought to be hazardous and required an electronic flight-stabilization system, then not-yet available.
Financed largely by Avro, the Canadian government deemed these problems too expensive to finance beyond an initial funding of $ 400, 000.
A USAF-led delegation to Avro in December 1953 gave Avro the opportunity to discuss their projects, but Y-1 was not deemed worthy of financing.

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