Kamov was born in a Russian family, in Irkutsk, but lived in Tomsk until his death on November 24, 1973 in Moscow. He graduated from Tomsk Polytechnic University with an engineering degree in 1923.<ref name="Savins2002"/>
Kamov worked with Dmitry Grigorovich and later - for TsAGI. In 1940, he was assigned to establish the new helicopter OKB which was later named after him.<ref name="EncAvia1994"/>
Nikolai Ilyich Kamov died on November 24, 1973, he was 71 years old.<ref name=":0">{{#invoke:citation/CS1|citation
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In 2018 Tomsk airport renamed into Tomsk Kamov Airport to commemorate Nikolai Kamov by decree of the President of the Russian Federation Vladimir Putin.<ref>{{#invoke:citation/CS1|citation
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Monument to aircraft designer M.L. Mil and N.I. Kamov in Irkutsk on Lenin Street (architect Sergey Demkov). The opening was on July 5, 2023.<ref name=":2">{{#invoke:citation/CS1|citation
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File:Lenina 30a КамовНИ IMG 2122.jpgMemorial plaque in TomskThe M.L. Mil and N.I. Kamov National Helicopter Center ("NCV Mil and Kamov"), established in 2019 on the basis of JSC "Moscow Helicopter Plant named after M.L. Mil" and JSC "Kamov". The company is part of the Russian Helicopters holding company.<ref name=":2" />