Irish-headquartered Equal1 awarded the Institute of Physics' Quantum Business Innovation and Growth (qBIG) prize on June 6 for its technological advancements in quantum computing.

Equal1, one of the world's leading silicon quantum computing companies, has been named the winner of the prestigious Institute of Physics (IOP) quantum Business Innovation and Growth (qBIG) prize.

Announced at The Economist's Commercialising Quantum Global event held in London, this recognition underscores the Irish-based company's groundbreaking achievements towards the commercialisation of quantum computing.

Equal1's rack-mountable quantum computers are powered by UnityQ, Equal1's version of a Quantum System-on-Chip (QSoC), which essentially integrates quantum and classical components onto a single silicon chip.

Jason Lynch, CEO at Equal1: "Winning the qBig prize marks a significant milestone for Equal1, affirming our forward-thinking approach to quantum computing. Our vision is centred on developing compact, rack-mounted quantum computers that seamlessly integrate into standard data centre infrastructures."

Louis Barson, IOP Director of Science, Innovation and Skills: "Today marks a momentous occasion as we celebrate the remarkable achievements of Equal1 and all the participants of the IOP qBIG Prize. Their dedication and innovation are integral to driving progress in the UK and Ireland's economy and technology sector."