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Viewbix Marks Quantum Leap
Globenewswire· 2026-01-29 14:10
Core Viewpoint - Quantum Gyro has made significant advancements in developing a quantum-based gyroscope that promises unjammable, satellite-free navigation solutions, potentially transforming precision navigation in environments where GPS is unavailable [2][4]. Technology Development - Quantum Gyro has achieved performance improvements in gyroscope technology that are several orders of magnitude better than existing systems, indicating a transformative leap in navigation capabilities [2]. - Key benefits of the new technology include unjammable, self-contained navigation, order-of-magnitude drift reduction allowing for accurate navigation for extended periods, software-based scalability for various platforms, and resilience in extreme conditions [2][3]. Market Potential - The global quantum compass navigation market is projected to grow at a robust CAGR of 29.4% from 2025 to 2033, reaching an estimated value of $3.64 billion by 2033, reflecting increasing adoption of next-generation navigation technologies across multiple industries [5]. Acquisition Details - Viewbix has signed a definitive agreement to acquire up to 100% of Quantum X Labs, which includes a growing patent portfolio related to quantum error correction. The acquisition is expected to close within 90 days of the agreement date, pending due diligence and regulatory approvals [6].
Viewbix: Quantum Atom Accuracy, Achieved Significant Results Introducing a Novel Atomic Clock Enabling High Accuracy, Robustness and Enhanced Coherence Timing
Globenewswire· 2026-01-27 14:03
Core Viewpoint - Viewbix Inc. is advancing its strategic focus on quantum technologies through the acquisition of Quantum X Labs, which includes significant developments in atomic clock technology that promise enhanced performance and applications in aerospace, defense, and navigation [2][4][5]. Group 1: Company Developments - Quantum Accuracy Ltd., a subsidiary of Quantum X Labs, has achieved notable advancements in atomic clock technology, utilizing a light-modulation scheme for Ramsey interrogation that enhances coherence times and suppresses systematic shifts [2][3]. - The atomic-beam Ramsey-CPT approach represents a transformative step towards ultra-stable, compact timing references, improving accuracy and robustness without complex microwave cavities [3]. - Quantum Accuracy plans to conduct full laboratory-scale experiments and submit its first patent application for the novel light-modulation technique, indicating a commitment to technology maturation and optimization [4]. Group 2: Acquisition Details - Viewbix has signed a definitive agreement to acquire up to 100% of Quantum X Labs, with a minimum of 85% ownership, which includes an expanding patent portfolio related to quantum error correction [5]. - The acquisition is expected to close within 90 days from December 15, 2025, pending due diligence, regulatory approvals, and stockholder consent, which has already been obtained [5]. - Following the acquisition, Viewbix aims to leverage Quantum X Labs' technology for strategic partnerships and customer discussions in relevant industries [4][5].
Viewbix Highlights Major Early Progress in Quantum Error Correction Technology
Globenewswire· 2026-01-21 13:55
Core Insights - Viewbix Inc. has made a significant advancement in its quantum-focused initiatives through its subsidiary Quantum Transportation Ltd., achieving Milestone 1 in the Transformer-Based Quantum Decoder program [1][3] Group 1: Milestone Achievements - Milestone 1 was successfully completed, which is crucial for the company's intellectual property license from Ramot at Tel Aviv University, related to a pending patent for a machine-learning-powered Quantum Error Correction (QEC) decoder [3][4] - Quantum computers are recognized for their potential to solve complex problems across various fields, but they face challenges due to noise and error-prone qubits, making Quantum Error Correction a critical hurdle for practical applications [2][6] Group 2: Future Plans - Quantum Transportation is progressing to Milestone 2, which involves developing a System Proof of Concept, including thorough patent feasibility assessments and in-depth research into QEC models [4][6] - The company is exploring real-world implementation paths and has initiated early discussions with potential design partners and collaborators [8] Group 3: Acquisition Details - Viewbix has signed a definitive agreement to acquire up to 100% of Quantum X Labs, which includes an expanding patent portfolio related to quantum error correction [4] - The acquisition is expected to close within 90 days from December 15, 2025, pending due diligence and regulatory approvals, with stockholder consent already obtained [4]
Viewbix: Quantum Transportation Completes First Milestone in Transformer-Based Quantum Decoder Program, Securing Key IP License from Ramot at Tel Aviv University
Globenewswire· 2026-01-16 13:32
Core Insights - Viewbix Inc. announced that its subsidiary Quantum Transportation Ltd. has successfully completed Milestone 1 in the Quantum Decoder program, marking significant progress towards a universal neural decoder for quantum error correction [1][2] Milestone Achievements - Milestone 1 included a Patent Feasibility Assessment, Comprehensive Quantum Error Correction Model Research, and Finalization of the Transformer Architecture, fulfilling a key condition under the sub-license agreement with Ramot at Tel Aviv University [2][3] - The completion of Milestone 1 transitions the program from early-stage research to a validated architecture ready for prototyping and real-world validation, showing strong potential to outperform traditional decoding methods [3][4] Future Developments - Following Milestone 1, Quantum Transportation will advance to Milestone 2, which will focus on System Proof of Concept, including expanded simulations and initial engagements with design partners [5] - The strategic focus on quantum technologies is underscored by Viewbix's agreement to acquire up to 100% of Quantum X Labs, which includes an expanding patent portfolio related to quantum error correction [6]
Quantum X Labs Warmly Congratulates Prof. Lior Wolf, CEO of Mentee Robotics, on the Successful Acquisition of Mentee Robotics by Mobileye
Globenewswire· 2026-01-08 14:30
Quantum X Labs acquired Prof. Wolf’s IP in Quantum Computing Error Correction Tel Aviv, Israel, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Viewbix Inc. (Nasdaq: VBIX) (“Viewbix” or the “Company”), an advanced technologies company, and Quantum X Labs Ltd. would like to warmly congratulate Prof. Lior Wolf on the acquisition by Mobileye of Mentee Robotics, a milestone that recognizes his exceptional scientific leadership and long-standing impact on advanced technologies. Quantum X Labs is proud to have acquired intelle ...
Viewbix: Quantum X Labs Announces Breakthrough in the Development of a Quantum Gyroscope Chip Technology
Globenewswire· 2026-01-06 13:25
Core Insights - The global quantum compass navigation market is projected to grow significantly, with a forecasted CAGR of 29.4% from 2025 to 2033, reaching an estimated value of USD 3.64 billion by 2033, driven by the increasing adoption of advanced navigation technologies across various sectors [4] Company Developments - Viewbix Inc. has announced a technological breakthrough by its portfolio company Quantum Gyro Ltd., which specializes in quantum-based gyroscope technology for navigation solutions [1] - Quantum Gyro has achieved substantial performance improvements in gyroscope technology, demonstrating advancements that could redefine precision navigation in environments where GPS is unavailable [2] - Viewbix has signed a definitive agreement to acquire up to 100% of Quantum X Labs, which includes a growing patent portfolio related to quantum error correction, with the acquisition expected to close within 90 days, subject to due diligence and regulatory approvals [5]
Viewbix Inc. Receives Stockholder Approval for Acquisition of Quantum X Labs– A Hub for Quantum Algorithms, Navigation and Atomic Clocks
Globenewswire· 2026-01-05 14:12
Core Viewpoint - Viewbix Inc. has received stockholder approval for the acquisition of Quantum X Labs Ltd., which focuses on quantum technology and AI-Quantum Error Correction [1][5] Acquisition Details - The acquisition involves Viewbix acquiring between 85% and 100% of Quantum's issued and outstanding share capital on a fully diluted basis [2] - At closing, Viewbix will issue common stock and pre-funded warrants representing approximately 40% of its capital stock, including 800,000 shares in a related private placement, with potential additional consideration of up to 12,702,847 shares upon achieving specified post-closing milestones [4] Quantum's Operations - Quantum operates portfolio companies that develop solutions in quantum-based navigation, next-generation atomic clocks, quantum algorithms for various sectors, and advanced quantum error correction technologies [3] Closing Conditions - The transaction is subject to remaining closing conditions, including final due diligence and regulatory approvals, with expectations for the acquisition to close in the coming weeks [5]
Viewbix Spotlights Quantum X Labs – Israel's Multi-Disciplinary Quantum Hub
Globenewswire· 2026-01-02 12:32
Core Viewpoint - Viewbix Inc. is set to acquire a significant stake in Quantum X Labs, a leading quantum technology laboratory in Israel, marking a strategic move to enhance its position in the rapidly evolving quantum technology sector [1][6]. Group 1: Acquisition Details - Viewbix has signed a definitive agreement to acquire up to 100% of Quantum X Labs, with a minimum of 85% stake, expected to close within 90 days from December 15, 2025, pending regulatory approvals and stockholder consent [1][6]. - The acquisition is anticipated to provide Viewbix with access to Quantum X Labs' expanding patent portfolio, including innovations in quantum error correction [6]. Group 2: Quantum X Labs Overview - Quantum X Labs is recognized for its interdisciplinary approach, uniting top-tier talent and research from prestigious Israeli institutions, positioning itself as a cornerstone of Israel's quantum sector [2]. - The laboratory operates five portfolio companies, each addressing unique quantum challenges, which enhances synergy and reduces risks across its initiatives [3]. Group 3: Market Potential - The timing of the acquisition aligns with the maturation of quantum computing, with markets such as personalized medicine and secure communications expected to experience significant growth [4]. - Quantum X Labs holds a strong intellectual property portfolio, including multiple upcoming patent filings, which positions it to capture substantial value in the burgeoning quantum sector [5].
Viewbix: Quantum X Labs Announces Provisional Patent Filing for Quantum-Enhanced Clinical Trials Technology
Globenewswire· 2025-12-22 13:55
Core Viewpoint - Viewbix Inc. is set to acquire Quantum X Labs, which has developed a groundbreaking quantum computing technology that enhances clinical trial methodologies, potentially transforming the pharmaceutical and drug discovery markets [4][5]. Group 1: Acquisition Details - Viewbix has signed a definitive agreement to acquire up to 100% (and not less than 85%) of Quantum X Labs, which includes its expanding patent portfolio [5]. - The acquisition is expected to close within 90 days from December 15, 2025, pending due diligence and regulatory approvals [5]. Group 2: Technological Advancements - Quantum X Labs has filed a provisional patent for a technology that improves Markov Chain Monte Carlo methods using quantum computing, allowing for more efficient sampling from complex probability distributions [2]. - The new methodology aims to reveal hidden biological structures and dependencies in clinical data, enabling better identification of patient clusters and treatment responses with potentially fewer samples than traditional methods [3]. Group 3: Market Implications - The advancements from Quantum X Labs could convert underpowered clinical trial datasets into robust mechanistic evidence, enhancing the success rates of personalized medicine [4]. - As quantum computing technology matures, it positions Viewbix to capture significant value in the pharmaceutical sector by reducing trial costs and timelines [4].
Viewbix Signs Definitive Agreement to Acquire Quantum X Labs- A Hub for Quantum Algorithms, Navigation and Atomic Clocks
Globenewswire· 2025-12-16 12:55
Core Viewpoint - Viewbix Inc. has entered into a definitive share purchase agreement to acquire up to 100% and not less than 85% of Quantum X Labs Ltd.'s share capital, which includes Quantum's proprietary intellectual property portfolio and innovative patents related to AI-Quantum Error Correction [1][3]. Group 1: Acquisition Details - The acquisition will include Quantum's four portfolio companies, each focusing on different quantum segments such as transportation, drug discovery, and security [2]. - Quantum's intellectual property includes a patent for quantum error correction, which can reduce computational overhead by up to 50% compared to traditional methods, thus supporting scalable fault-tolerant quantum computing [3]. - The completion of the acquisition is expected within 90 calendar days, subject to final due diligence, regulatory approvals, and the approval of Viewbix's stockholders [5]. Group 2: Financial Considerations - At closing, Viewbix will issue shares of its common stock and pre-funded warrants representing up to approximately 40% of the Company's issued and outstanding capital stock as of the date of the Definitive Agreement [9]. - Additional consideration of up to approximately 25% of the Company's issued and outstanding capital stock may be issued upon Quantum achieving certain milestones post-closing [9]. Group 3: Company Background - Viewbix operates in the field of digital advertising through subsidiaries Gix Media Ltd. and Metagramm Software Ltd., focusing on automation and optimization of internet campaigns and grammatical error correction software [7].