Quantum X Labs Warmly Congratulates Prof. Lior Wolf, CEO of Mentee Robotics, on the Successful Acquisition of Mentee Robotics by Mobileye

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]