Tel Aviv, Israel, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Viewbix Inc. (Nasdaq: VBIX) (“Viewbix” or the “Company”), an advanced technologies company, announced today that Quantum Transportation Ltd. ("Quantum Transportation" or "QT"),- a minority-owned subsidiary of Quantum X Labs Ltd., the Israeli quantum tech group Viewbix is in the process of acquiring, has successfully achieved a key cloud implementation milestone in its transformer-based quantum decoder program. Following the successful initial validation of ...

Core Viewpoint - Viewbix Inc. is strategically acquiring Quantum X Labs to enhance its position in the quantum technology sector, targeting various applications and leveraging Israel's academic strengths in the field [1] Acquisition Details - Viewbix signed a definitive agreement to acquire 85-100% of Quantum X Labs, with completion expected within 90 days, pending due diligence and regulatory approvals [1] - The acquisition includes Quantum X Labs' expanding patent portfolio, particularly in quantum error correction [1] Financial Aspects - A private placement financing was amended in early January 2026, involving 800,000 units at approximately $1.75, raising about $1.4 million gross, with an additional potential of up to $1.68 million in warrants [1] - Majority stockholder written consent was secured on January 5, 2026, and a definitive Schedule 14C was filed with the SEC on January 15, 2026 [1] Quantum X Labs' Portfolio - Quantum X Labs is developing several key technologies: - Nuclear Quantum focuses on reactor simulation and materials science [1] - QuantumQ Security aims to protect data and infrastructure [1] - Quantum Aton Accuracy leverages quantum principles for precision applications [1] - Cliniquantum is working on drug discovery methods using quantum-enhanced techniques [1] - Quantum Transportation addresses scalability issues in quantum computing [1] - Quantum Gyro is developing technology for GPS-denied environments [1] Market Position and Ecosystem - Quantum X Labs is positioned to tap into significant near-term total addressable markets (TAMs) in navigation, precision timing, security, and nuclear simulation [1] - The company benefits from Israel's elite university ecosystem, which provides a talent edge and fosters interdisciplinary collaboration [1]

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].

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].

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]

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]

Core Insights - Quantum X Labs has acquired intellectual property from Prof. Lior Wolf and Yoni Schukron in the field of quantum error correction codes (QECC), which are essential for addressing noise and error propagation in quantum computing [2][3] - The acquisition of Prof. Wolf's IP is seen as a significant step towards advancing reliable and scalable quantum technologies, with expectations for meaningful contributions in the future [3][4] - Viewbix Inc. has signed a definitive agreement to acquire up to 100% of Quantum X Labs, which includes its patent portfolio related to quantum error correction [5] Company Developments - Viewbix has received stockholder approval for the acquisition of Quantum X Labs, which is expected to close within 90 days of the definitive agreement signed on December 15, 2025 [5] - The acquisition is subject to final due diligence, regulatory approvals, and customary closing conditions [5] - Viewbix operates in digital advertising through subsidiaries that develop technological solutions for internet campaign optimization and monetization [6][7] Industry Context - Both advanced robotics and quantum computing face challenges related to managing uncertainty and ensuring robustness in noisy environments [4] - Quantum error correction is a critical component for the realization of quantum computing's potential, similar to classical error correction methods [2]

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]

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]

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].