Multi-Wing VTOL Old Airplane or What ?

[hesham]

Hi,

I can't ID this multi-wing shape,was it an VTOL airplane or what ?.

Техника молодежи 1937-08

 

[hesham]

Translate;

Aircraft a completely new consumer goods market with success laboratory scrap New York University.He
has no screw_ but numerous moving wings enhanced on endless tapes. The movement of the ribbons is
given by electric motors, receiving current from a turbo heperator. A machine supposedly able to climb
and descend along vertical.