ICE Wins Prestigeous Award for Innovation - Oct 2017
ICEOXFORD RECEIVES INSTITUTE OF PHYSICS AWARD FOR OUTSTANDING INNOVATIVE WORK
Institute of Physics (IOP) has recognised ICEoxford as part of its 2017 Business Innovation Awards for the development of the 1.0 Kelvin High Cooling Power Cryogenic System, which will enable research in photonic quantum computing.
ICEoxford has been awarded one of five Innovation Awards from the IOP, with representatives from the company receiving their award at a Parliamentary reception in London on 18 October 2017.
The Business Innovation Awards are presented to businesses that have built success on the innovative application of physics, which has a transformative effect resulting in increased turnover, profitability and jobs.
The award is in recognition of ICEoxford’s research application of the integration of quantum photonic circuits with single-photon detectors in cryogenic environments, which will enable quantum photonic computers that will revolutionise computing over the coming decades.
A requirement of this research is the dissipation of large amounts of power while keeping the processor at an ultralow temperature. Such conditions can be achieved in the patented cryostats developed by ICEoxford. This is a unique solution and has outperformed all other products currently in the market. Therefore, it has contributed significantly to the development of quantum photonic instruments.
The award was presented to the company at a Parliamentary reception at Westminster, attended by MPs, Lords, policy makers, business leaders and leading physicists in the field.
President of the IOP Professor Dame Julia Higgins, offered her congratulations to the winners, and commended them on their fantastic achievements. “This year’s winners serve as tremendous examples of the many different ways in which physics can improve, save or protect lives and how it forms an invaluable part of the UK economy.
“Your successes have been made possible by investing in physics and in physicists. To continue to build on those successes, it is essential that public and private sector investors continue to invest in physics education, research and innovation.
“I would like to offer my warmest congratulations to all of this year’s winners. Companies such as these are the backbone of a high-tech economy and society.”
Chris Busby, Managing Director of ICEoxford, said of receiving the award: “It is a great honour to receive this award, which is recognition of the outstanding team at ICEoxford, who continue to produce world-class innovative products for the global cryogenic markets.”
Notes to Editors : The Institute’s Business Innovation Awards 2017
The Institute’s Business Innovation awards celebrate high-growth businesses that are succeeding through physics-based innovation.
These awards are the only ones that recognise companies in the UK and Ireland that have built success on the innovative application of physics – companies that have generated profit, secured jobs and improved efficiency across a range of sectors, from oil and gas to renewable energy, medical technologies to high-tech manufacturing.
This year there are nine businesses receiving awards across two categories: Commended Innovation Award 2017 and Innovation Award 2017.
An Innovation Award is awarded to businesses for bringing new physics-based products, processes or services to market, which have had a transformative effect resulting in increased turnover, profitability and jobs.
Those receiving an Innovation Award this year are (in alphabetical order):
Thornton Tomasetti Defence
A Commended Innovation Award is awarded to businesses for outstanding innovative applications of physics that push technological boundaries or develop bespoke solutions to market challenges, opening up new opportunities for discovery or market creation.
Those receiving a Commended Innovation Award this year are (in alphabetical order):
Active Needle Technology
Oxford Space Systems
ICEoxford was established in 2004 and has become a leading manufacturer on top performance, state-of-the-art cryogenic systems for scientific research and industry around the world. The company employs 20 people and operates from its factory in Witney, Oxfordshire.
The Institute of Physics
The Institute of Physics is a leading scientific membership society working to advance physics for the benefit of all. We have a worldwide membership from enthusiastic amateurs to those at the top of their fields in academia, business, education and government.
Alongside professional support for our members, we engage with policymakers and the public to increase awareness and understanding of the value that physics holds for all of us. Our subsidiary company, IOP Publishing, is a world leader in scientific communications, publishing journals, magazines and websites globally.
For further information contact IOP’s Media Officer, Melissa Brobby
Direct tel: +44 (0) 20 7470 4851