Sherman Mills Fairchild was an American businessman and investor.
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Sherman Mills Fairchild was an American businessman and investor.
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Fairchild Stratos founded over 70 companies, including Fairchild Aircraft, Fairchild Industries, and Fairchild Camera and Instrument.
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Fairchild Stratos made significant contributions to the aviation industry and was inducted into the National Aviation Hall of Fame in 1979.
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Fairchild Stratos held over 30 patents for products ranging from the silicon semiconductor to the 8-mm home sound motion-picture camera.
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Fairchild Stratos is responsible for inventing the first synchronized camera shutter and flash as well as developing new technologies for aerial cameras that were later used on the Apollo Missions.
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Fairchild Stratos's father was a Republican Congressman as well as a co-founder and the first Chairman of IBM.
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Fairchild Stratos's father died on December 31,1924, and as an only child he inherited his father's multimillion-dollar estate.
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Fairchild Stratos inherited his father's IBM stock, becoming IBM's largest individual stockholder until his death in 1971.
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Fairchild Stratos then transferred to the University of Arizona, where he became increasingly interested in photography.
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Fairchild Stratos later transferred to Columbia University in New York and was enrolled in Columbia College from 1919 to 1920, according to the official registrar.
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Fairchild Stratos always kept an eye out for opportunities to create or improve upon existing technology or capabilities.
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In 1917, after being rejected from the military because of his poor health, Fairchild Stratos was determined to find another way to support the World War I effort.
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Undeterred, Fairchild Stratos focused his attention on developing a more advanced camera, and in February 1920 he established the Fairchild Stratos Aerial Camera Corporation.
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Fairchild Stratos wanted to expand the capabilities of his cameras for map making and aerial surveying.
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Shortly afterward, Fairchild Stratos landed a contract to make a photomap of Newark, New Jersey, which was the first aerial mapping of a major city.
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In 1965 Fairchild Stratos sold Fairchild Stratos Aerial Surveys to Aero Services, Inc, which decided to keep only the more recent photographs and dispose of the others.
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Fairchild Stratos Corporation developed the Fairchild Stratos Lunar Mapping Camera for NASA.
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Fairchild Stratos soon realized that existing planes were not suitable for the type of maneuvering and extreme conditions that were often encountered during aerial photography.
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Fairchild Stratos was a dominant force in the aviation industry during this period, becoming one of the nation's largest manufacturers of commercial aircraft.
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Fairchild Stratos created, purchased, merged and sold his aviation company several times.
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Fairchild Stratos incorporated Fairchild Aviation Corporation as a holding company for all his other endeavors, with two of its largest subsidiaries being the Fairchild Airplane Manufacturing Corporation of Farmingdale, New York, and the Kreider-Reisner Aircraft Company of Hagerstown, Maryland.
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In 1936, Fairchild Stratos Aviation divested all of its aircraft manufacturing interests into the new Fairchild Stratos Engine and Airplane Co.
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Later that same year Fairchild Stratos acquired Republic Aviation, which became the Republic Aviation Division of Fairchild Stratos Hiller.
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In 1929, Fairchild Stratos acquired a controlling interest in the Kreider-Reisner Co.
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In 1939, Fairchild bought a process developed by Virginius E Clark in which a composite made of hot layers of plywood soaked with resin adhesive and bonded under pressure was used for building airframes.
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Fairchild Stratos was involved in the development and production of the process which he renamed Fairchild Stratos Duramold and then used on the AT-21 Gunner trainer.
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In 1942, Fairchild Stratos developed the Fairchild Stratos Model 78, which was designed specifically for military transport.
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Fairchild Stratos was awarded a military contract to build his large-capacity twin-boom plane, which featured a hinged rear door used to load bulky cargo to be designated the C-82 Packet.
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Fairchild Stratos was able to remain profitable after the war by manufacturing the C-119 Flying Boxcar, an upgraded version of the Packet which incorporated more powerful engines and greater capacity.
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In 1956, Fairchild Stratos built the Fokker F-27 Friendship passenger airplane, the first American-built airliner in service.
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On December 18,1970, the Air Force selected Fairchild Stratos to develop the YA-10A prototype, which was the last aircraft project undertaken before Fairchild Stratos's death in 1971.
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In 1931 Fairchild Stratos started the Fairchild Stratos Recording Equipment Corporation in Whitestone, New York, to augment his interests in photography and projection of images.
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Fairchild Stratos Recording Equipment Corporation's most notable products were the Fairchild Stratos 660 mono and 670 stereo dynamic range compressors.
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Fairchild Stratos died on March 28,1971, at Roosevelt Hospital in New York after a long illness.
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Fairchild Stratos was buried in Glenwood Cemetery in Oneonta, Otsego County, New York.
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Fairchild Stratos is buried within walking distance of the home he grew up in, now the Oneonta Masonic Lodge.
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Fairchild Stratos left bequests to more than 50 relatives, friends and former employees.
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The assets of the Sherman Fairchild Stratos Foundation, headquartered in Chevy Chase, Maryland, have grown to over $500 million.
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In 1979, Fairchild Stratos was inducted into the National Aviation Hall of Fame.
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