AI-driven materials development firm wins government prize

A British AI-driven company that dramatically speeds up the development of materials used in wind turbines and electric vehicle batteries has won the UK government’s £1 million Manchester Prize.

Polaron, which was spun out from Imperial College London, speeds up the development of advanced materials from years to days.

The government said that while these materials, including metal alloys which reinforce bridges and create batteries for electric vehicles, are “essential” to modern life, developing them has been slow, costly and unpredictable.

Polaron will use the prize to fund further development of its AI solution, which uses microstructural images to analyse and predict how materials will perform.

It claims that this approach helps manufacturers create stronger, lighter and more efficient materials for clean energy, transport and infrastructure.

The Manchester Prize rewards innovative AI solutions addressing major societal challenges, with the first round focused on energy, environment, and infrastructure.

Nearly 300 teams from across the UK competed in its first year, with 10 finalists each receiving £100,000 and support to further develop their innovations.

“AI could generate £400 billion to our economy over the next five years, supporting trailblazing companies like Polaron is essential to achieving that vision,” said secretary of state Peter Kyle. “Our commitment is clear - we are fully embracing AI to drive growth, improve public services and position the UK as a global leader in AI innovation.”



Share Story:

Recent Stories


The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.

The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.