The King and Queen and Prince Daniel attend the Royal Swedish Academy of Engineering Sciences' formal gathering

The King and Queen and Prince Daniel before Royal Swedish Academy of Engineering Sciences' banquet.

The King and Queen and Prince Daniel before Royal Swedish Academy of Engineering Sciences' banquet. Photo: Daniel Söderberg/The Royal Swedish Academy of Engineering Sciences

On Friday 25 October, The King and Queen and Prince Daniel attended the formal gathering of the Royal Swedish Academy of Engineering Sciences (IVA). The gathering was attended by around 1,000 guests from industry, academia and politics.

IVA is celebrating its centenary this year, and strives to achieve positive social development by promoting technical and economic sciences, and through the development of industry.

The King presents IVA's Great Gold Medal to Dr Hans Dalborg.

The King presents IVA's Great Gold Medal to Dr Hans Dalborg. Photo: Pelle T Nilsson/SPA

The first part of the formal gathering was held in the Aula Medica at Karolinska Institutet. There, The King presented IVA's gold medals to:

Dr Hans Dalborg

Awarded the Great Gold Medal for his achievements in developing the Swedish finance sector and the Swedish model for corporate governance, in combination with his commitment to social issues involving significant contributions to research and culture.

Professor Max Tegmark

Awarded the Gold Medal for his contributions to our understanding of humanity's place in the cosmos and the opportunities and risks associated with artificial intelligence. He has courageously tackled these existential questions in his research and, in a commendable way, succeeded in communicating the issues to a wider audience.

Engineer Lena Olving

Awarded the Gold Medal for her achievements as an innovator and leader of successful businesses at the front lines of technology. Her progressive and ground-breaking leadership makes her a role model for leaders of technically advanced companies in a global market.

Daniel Ek and Martin Lorentzon

Awarded the Gold Medal for creating the company Spotify, which has fundamentally changed the music industry and put an end to music piracy. As innovators and entrepreneurs, they have built one of the few (possibly the only) European tech companies that have succeeded in competing with Chinese and American giants.

Find out more about the gold medal winners hereexternal link, opens in new window.

The King gives a speech at IVA's banquet.

The King gives a speech at IVA's banquet. Photo: Daniel Söderberg/The Royal Swedish Academy of Engineering Sciences

The prize-giving ceremony in the Aula Media was followed by a banquet at Stockholm City Hall. During the banquet, The King gave a speech in which he said:

"Take just a few of the programmes run by the Academy: for more young engineers, for stronger entrepreneurship, for development that is both economically and environmentally sustainable. What is all this, if not a strong reason for hope in the future?

"Ladies and gentlemen. This is my evidence that this one hundred year old institution is both young and promising. I hope that you agree with me, and that together we can confirm this with four cheers with for the Royal Swedish Academy of Engineering Sciences!"

Prince Daniel is an honorary member of IVA, and wore the Academy's Medal of Honour – which he received in 2016 – around his neck during the formal gathering.

Prince Daniel is an honorary member of IVA, and wore the Academy's Medal of Honour – which he received in 2016 – around his neck during the formal gathering. Photo: Pelle T Nilsson/SPA