FocalPoint has been awarded a prestigious Institute of Physics Business Innovation Award for its groundbreaking Supercorrelation technology that significantly increases the positioning performance of location-aware devices including smartphones, wearables, and autonomous vehicles.

The IOP Business Innovation Award recognizes and celebrates companies that have excelled in innovation, delivering significant economic and societal impact through the application of physics.

There are three categories of awards—Business Innovation, Business Start-Up, and the Lee Lucas Award (for the medical and healthcare sector)—so businesses at any stage of their development are eligible, from start-ups to multinational corporations.