Geoptic, a spin-out from three collaborating groups of physicists at Durham, Sheffield, and St Mary's Twickenham, has received the IOP Business Innovation Award for using cosmic-ray muon radiography and tomography to ensure the safety of tunnels on the UK's railway network
Silveray, spun off from the University of Surrey, won an IOP Business Start-up Award for creating flexible, 'colour' X-ray detectors based on proprietary semiconductor materials, which can provide more efficient real-time digital X-ray images than traditional methods
Phlux Technology, set up by researchers at the University of Sheffield, has won an IOP Business Start-up Award for developing patented semiconductor technology for infrared light sensors that are 12 times more sensitive, making them ideal for accurate 3D imaging and other potential applications including LIDAR and optical communications networks
Crainio, a medical technology spin-off company from City, University of London, has won the 2024 Lee Lucas award for developing non-invasive technology to measure intracranial pressure and improve brain health care after head injuries
IOP Business awards recognize physics-based firms that successfully develop and innovate products to become globally significant
IOP offers three other awards (Katharine Burr Blodget, Denis Gabor and Clifford Paterson) for individuals or teams who have been involved in innovative physics with a commercial angle
Award entries for 2025 will be open in February 2025