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From qubits to metamaterials: tech that led to Institute of Physics business awards 2024
- Eight companies have won the main Institute of Physics Business Innovation Award.
- The development of a revolutionary heat engine which can generate electrical power from waste heat and geothermal sources with a potential for a huge market was also recognized.
- Oxford Ionics, a quantum-computing firm, has found success with its trapped-ion processors using a proprietary, patented electronic system to control quantum bits.
- Dublin-based Equal1 was awarded the Quantum Business Innovation and Growth (qBIG) Prize.
- Covesion, a photonic and quantum-components supplier, has won an award for its magnesium-doped, lithium niobate crystals and waveguides, allowing light to be easily converted from one frequency to another.
- Metasonixx, based in Brighton, makes acoustic metamaterial panels which can dramatically attenuate sound while still allowing air to flow, dramatically improving noise management and ventilation
- The companies honoured by the Institute of Physics have a promising future in the fields of imaging and medical technology.
- The awards can be a significant endorsement for firms developing new technology in these fields.
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