PRESS RELEASE — Aegiq has been awarded a prestigious Institute of Physics Business Start-Up Award for the development of a breakthrough quantum photonics platform enabling new applications in quantum communications, computing, and imaging utilising high-performance sources of indistinguishable single photons.
The Institute of Physics (IOP) is the professional body and learned society for physics, and the leading body for practising physicists, in the UK and Ireland. With a rich history of supporting business innovation and growth, it is committed to working with ‘physics-based’ businesses, and companies that apply and employ physics and physicists.
The IOP’s prestigious Business Awards are unique in the UK and Ireland in recognising the significant contribution that physicists and physics make in industry.
The IOP Business Start-Up Award specifically recognises and celebrates young companies with a great business idea founded on a physics invention, with the potential for business growth and significant societal impact.
Aegiq’s CTO, Scott Dufferwiel, said: “The team at Aegiq are delighted to receive the prestigious IOP Start-up award for the development of a our high-performance iSPS® single photon technology which lies at the heart of our photonic systems to deliver new capabilities utilising quantum sources of light in quantum information processing and communications.”
Institute of Physics Deputy Chief Executive, Rachel Youngman, said: “The IOP Business Awards recognise and reward the achievements of physics-based businesses at all stages and of all sizes. Whether well-established or a start-up, an SME or corporation, these innovative companies are making significant contributions to the UK and Ireland’s scientific research and development, driving innovation and supporting the economy. All of this year’s winners have creatively applied physics to bring about positive change to individuals, societies or economies, by tackling a new problem or improving on a previous solution, and all are thoroughly deserving of an IOP Business Award. Recent events have underlined the absolute necessity to encourage and reward our scientists. We rely on their dedication and innovation for our lifestyles, wellbeing and safety.”