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
Marconi Wireless Telegraph Company of America of United Wireless' tangible assets, which in turn on March 29, 1912 were sold by the parent company to American Marconi. It would later be alleged that this had unfairly benefited some British investors, in what came to be known as the Marconi scandal. The acquisition would prove to be a tremendous boost to American Marconi's fortunes, and the company boasted that "There is now nothing in the way of Marconi becoming the only system of commercial importance in the world." Recently passed laws required U.S. passenger ships to carry radio equipment, and American Marconi's near monopoly allowed it to