Occuity wins the prestigious Institute of Physics Business Start-up Award
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' that Occuity received, 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.
Held in the House of Commons Terrace Pavilion, Palace of Westminster, the awards evening provided Occuity's leadership team with the opportunity to showcase its technology to prominent business leaders, academics and MPs.
CEO and Co-founder, Dr Dan Daly, said: "We are honoured to receive this prestigious award. It is recognition of our commitment to tackling some of humanity's greatest healthcare challenges through the development of a truly innovative optical technology platform that will allow us to unlock the valuable health data held within the eye. This success highlights our foundations of combining the best people with novel patented technology, and a clear vision to improve the lives of millions of people."
“It was fantastic to attend tonight's event at the Houses of Parliament and inspiring to meet so many other people who are developing cutting-edge technologies using physics. Meeting The Rt Hon Sir Alok Sharma KCMG, talking about the work we are doing was great and having the opportunity to measure the thickness of his cornea during a live demo of the PM1 was a particular highlight."
Institute of Physics President, Professor Sir Keith Burnett, said: “The IOP Business Awards recognise and reward the achievements of physics-powered 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.”
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-powered’ businesses, and companies that apply and employ physics and physicists.
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-powered 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.
There are three categories of awards – Business Innovation, Business Start-Up and the Lee Lucas Award (for the medical and healthcare sector).
More information about the IOP Business Awards here