SHANKLIN based Artificial Intelligence (AI) company Innovative Physics has been shortlisted for a brace of prestigious industry awards.

The company has been shortlisted in both the Tech Company of the Year category of the National Technology Awards and in the Business and Product Innovation Awards category in the South East regional finals of the Federation of Small Business (FSB) Celebrating Small Business Awards.

The finals of the National Technology Awards which celebrate the UK pioneers of technology will be held on May 7 at London Marriott Hotel in Grosvenor Square, while the FSB awards will take place at Hickstead International Showground, Haywards Heath on March 26.

Based at Landguard Manor and with around a dozen employees, the company has at the heart of its success strong links with market contacts and government departments in 35 countries across the world.

Mike Anderson, Innovative Physics chief executive, said: “We aim to continue our leading-edge research and development successes and to remain a highly sought-after AI business.

“Though we work on the international stage we are always very proud of our Island roots and seek to fly the flag for UK and Isle of Wight enterprise wherever we are in the world.”