Please download for full detail.

Minmatar frigate.
I'm sorry but I didn't have time to texture it.
Life in university ain't easy... so imagine it in Minmatar colors.

Short story:
When the engineer first approached the Brutor Tribe for their financial support of the prototype, the leader almost choked at the table laughing... then later when he found out, the engineer wasn't joking, he killed him.

The idea of the ship apparently was to strip the vessel of anything not related to speed, that meant: smaller cargobay, lighter capacitor batteries, more efficient power-plant, 0 armor and minimal hull bulkheads. The only thing left unmodified were the engines that received their power straight through the powerplant. Because of the insane speed and minimal protection, even Minmatar pilots them self didn't dare to pilot it, as the smallest bump on entering warp or getting shot at, usually meant the shield generator blades getting unbalanced and stuck between the plating, causing the ship to explode on itself...
So the design was exported to pod-pilot market, as they didn't have to worry about the dieing part.

Since then, pod pilots have even found an ingenuity to balance the shield-generator blades out with carefully placed duck-tape patches, minimizing the dieing part noticeably.