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The completed Icarus Memorial Statue was donated to the U.S. Air Force Museum by the AFIT Foundation in 1998. Many contributed to this memorial; major donors are recognized on separate plaques nearby. Icarus was designed and fabricated by Karkadoulias Bronze Art, Inc., of Cincinnati, Ohio. Upon completion, the monument was offered as a gift to the Department of the Air Force and, under the provisions of Title 10, United States Code, Section 2601, accepted. While originally planned for the circle at the center of the AFIT complex, the Foundation board determined that having the statue installed in the atrium of the National Museum of the Air Force at Wright-Patterson would be appropriate, and would enable the statue to be viewed by larger numbers.

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