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, Dr 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.
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For specific enquiries about the IOP Business Awards, please contact the Institute of Physics’ Senior Media and PR Officer, Dr Claire McLoughlin on:
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Notes to Editors
AegiQ Ltd is a spin-out company building on over two decades of quantum photonics research at the University of Sheffield. Its proprietary iSPS® technology offers a deterministic source of indistinguishable single photons which enables new capabilities across quantum secure communications, photonic quantum computing and imaging.
The Institute of Physics (IOP)
The Institute of Physics (IOP) is the professional body and learned society for physics in the UK and Ireland. It seeks to raise public awareness and understanding of physics, inspire people to develop their knowledge, understanding and enjoyment of physics and support the development of a diverse and inclusive physics community. As a charity, it has a mission to ensure that physics delivers on its exceptional potential to benefit society.
How the IOP supports physics in business
Physics-based businesses and physicists working in business are a valued and vital part of the physics community. The IOP provides support through its Business Innovation and Growth Group, a member-led special interest group which supports individuals and businesses of all sizes, as well as entrepreneurs taking ideas to market.
The IOP Business Awards
The Business Awards recognise the significant contribution that physicists and physics make in industry across all sectors and at all stages – from start-ups to multi-national corporations. The awards are a celebration of entrepreneurship, excellence in innovation and the successful use of physics in a product or service.
More information about the IOP Business Awards here.