In this paper, a new indirect adaptive control method is presented. This me
thod is based on a lifted representation of the plant that can be stabilize
d using a simple performant periodic control scheme. The controller paramet
ers computation involves the inverse of the controllability/observability m
atrix. Potential singularities of this matrix are avoided by means of an ap
propriate estimates modification. This estimates transformation is linked t
o the covariance matrix properties, and hence, it preserves the convergence
properties of the original estimates. This modification involves the singu
lar value decomposition of the controllability/observability matrix's estim
ate. As compared with previous studies in the subject, the controller propo
sed here does not require the frequent introduction of periodic n-length se
quences of zero inputs. Therefore, the new controller is such that the syst
em is almost always operating in closed loop, which should lead to better p
erformance characteristics.