Polaroid Corporation in 2001, its brand and assets were sold off. The "new" Polaroid formed as a result, and itself declared bankruptcy in 2008, resulting in a further sale and in the present-day Polaroid Corporation. In May 2017, the brand and intellectual property of the Polaroid corporation were acquired by the largest shareholder of the Impossible Project, which had originally started out in 2008 by producing new instant films for Polaroid cameras. The Impossible Project was renamed Polaroid Originals in September 2017. The original Polaroid Corporation was founded in Cambridge, Massachusetts, by Edwin Land in 1937. Described by "The Boston Globe" as
Polaroid type 55 Sheet Film. 1SHOT established a way for 4x5 photographers to shoot Ilford's HP5+, Kodak's TRI-X, TMAX, Portra 160 and 400, and Fujifilm's Velvia 100 as well as New55 FILM's Atomic-X 100 4x5 sheet films -- all in the New55 FILM's special packet system for the legacy Polaroid 545 (545i and 545 Pro) Land Film Holder. Additionally, New55 FILM manufactured and sold its monobath developer called R5 MONOBATH DEVELOPER, a single solution for developing black and white photographic film negatives in 6 minutes in a daylight tank. Polaroid type 55 Polaroid Type 55 film is a black-and-white peel-apart Polaroid film that