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Wed 7th November
YORK INSTRUMENTS RECEIVES INSTITUTE OF PHYSICS AWARD FOR OUTSTANDING INNOVATIVE WORK
The Institute of Physics (IOP) has recognised York Instruments Ltd as part of its 2018 Business Start-Up Award for the development of next-generation MEG brain scanners for use in research and healthcare.

York Instruments has been awarded one of six Business Start-Up Awards from the IOP, with representatives from the company receiving their award at a Parliamentary reception in London on Tuesday 16 October 2018.

The Business Start-Up Awards are presented to young companies with a great business idea founded on a physics invention, with great business growth potential and/or the potential of significant societal impact.

York Instruments is a technology company currently working on the next generation of magnetoencephalography (MEG) scanners. Its wider product range is centred on the use of magnetism for clinical diagnostics and scientific research. Magnetoencephalography is becoming established as a major neuroimaging technique.

Unlike fMRI, it allows direct temporal measurement of neuronal activity and provides improved localisation accuracy and broadband detection range as compared to EEG. York Instruments’ MEGSCAN product is ground-breaking in that it offers a vastly improved signal-to-noise ratio through its use of hybrid quantum interference devices (HyQUID) sensors, zero liquid helium to achieve cryogenic cooling, and low-noise, modular electronics to control the system.

Researchers and clinicians working in the fields of epilepsy, traumatic brain injury and chronic brain pathologies welcome the introduction of this high-quality research and diagnostic tool that takes advantage of core technology advances via a more usable interface - and that is cheaper to run than any comparable system on the market.

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: “I am delighted that the IOP Business Awards are recognising and celebrating this year’s winners tonight. These awards are the only awards in the country that recognise and reward companies that have built success on creative applications of physics. 

“These awards shine a light on the potential of physics to produce cutting-edge technologies, to drive business innovation and growth and to stimulate far reaching social and economic change. But they also remind us that these benefits can only be sustained with continued investment and a healthy supply of physicists and other STEM trained people.”

Gordon Baltzer, CEO of York Instruments Ltd, said on winning this award: “The IOP award represents a great honour for York Instruments, and is testament to dedication of our talented physics team.”

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