The memorial project was led by Fighting With Pride, an LGBT+ veterans support charity set up to campaign for justice and support those impacted by the ban.
Its chief executive, Peter Gibson said: “It’s a deeply emotional moment, expressing in physical form that what happened to them should never have taken place.”
Veterans impacted by the ban can apply for a financial redress payment of up to £70,000.
Mr Gibson said he hoped the memorial would encourage veterans who have not yet come forward to apply for reparations, or to get in touch with the charity for support.
“We know there are more veterans who suffered under the ban who are owed justice and reparations,” he said.
Other measures already completed include pardons for criminal convictions, a special LGBT+ veterans ribbon for those affected by the ban and the return of medals and berets.
A Ministry of Defence spokesperson told the BBC it “deeply regrets” the treatment of those impacted by the ban, and that what they experienced was “not reflective of today’s values or the inclusive culture of our armed forces”.
It added: “We commend the courage of those who have shared their experiences, and we remain dedicated to ensuring all personnel feel valued, respected, and able to thrive in our armed forces.”
