The Prize for Industrial Applications of Physics recognized outstanding contributions by an individual or individuals to the industrial applications of physics. The American Institute of Physics Corporate Associates and the American Physical Society (APS) alternated in co-sponsoring this $10,000 award with General Motors. Where the AIP award recognized scientists who have developed proven technologies, the APS award recognized research that has excellent potential for future success.
AIP no longer awards the IAP prize.
Read about past winners here.