Marconi Prize Marconi Prize The Marconi Prize is an annual award recognizing achievements and advancements made in field of communications (radio, mobile, wireless, telecommunications, data communications, networks, and Internet). The prize is awarded by the Marconi Foundation. and it includes a $100,000 honorarium and a work of sculpture. The Marconi Prize winners are also named as Marconi Fellows. The foundation and the prize are named after the honor of Guglielmo Marconi, a Nobel laureate and one of the pioneers of radio communications. Recipients of the Marconi Prize are also expected to pursue further creative work to advance the understanding and development of
History of radio England. Marconi opened his "wireless" factory in the former silk-works at Hall Street, Chelmsford, England in 1898, employing around 60 people. Shortly after the 1900s, Marconi held the patent rights for radio. Marconi would go on to win the Nobel Prize in Physics in 1909 and be more successful than any other inventor in his ability to "commercialize" radio and its associated equipment into a global business. In the US some of his subsequent patented refinements (but not his original radio patent) would be overturned in a 1935 court case (upheld by the US Supreme Court in 1943). In 1900,