In 1915 Elmer Sperry's son, Lawrence, was put in charge of the Sperry Gyroscope Company's aviation department. Two years later, Lawrence founded his own company, the Lawrence Sperry Aircraft Company, to develop and market the airplane stabilizer, aerial torpedo, and automatic pilot. Lawrence Sperry was a daring test pilot and his exploits, particularly at the 1916 Paris air show, provided both his company and Sperry Gyroscope with valuable publicity. In 1924 Lawrence Sperry died in an airplane accident, and Sperry Gyroscope acquired the assets of the Lawrence Sperry Aircraft Company.
From the description of Records, 1915-1924. (Hagley Museum & Library). WorldCat record id: 122393303