Quantum Navigation
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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].
Maris-Tech Enters Quantum Navigation Field with Strategic Agreement to Develop Quantum-Based Gyroscope to Replace GPS Navigation
Globenewswire· 2025-11-13 21:05
Core Viewpoint - Maris-Tech Ltd. has entered into a collaboration agreement with Quantum Gyro Ltd. to develop an advanced navigation system called ME-Nav, which integrates edge AI computing with quantum gyroscope technology for GPS-denied environments [2][3][6] Company Overview - Maris-Tech is a global leader in video and AI-based edge computing technology, focusing on intelligent video transmission solutions for defense, aerospace, and communication industries [7][8] - Quantum Gyro specializes in quantum-enhanced inertial sensors for high-precision navigation, aiming to reduce reliance on GPS due to its vulnerability to disruptions [5][9] Collaboration Agreement Details - The collaboration will lead to the formation of a new entity, NewCo, which will be jointly owned by Maris-Tech (51%) and Quantum Gyro (49%) [4][7] - The development of ME-Nav is expected to progress over the next 24 months with defined milestones and a target budget of approximately $1 million [6][7] - Maris-Tech will have exclusive global rights to manufacture, market, and distribute the ME-Nav product line [7] Technology Integration - ME-Nav is designed for mission-critical applications where GPS is unavailable, including military operations and autonomous systems [3][6] - The integration of Maris-Tech's edge AI computing platform with Quantum Gyro's quantum gyroscope technology aims to provide a lightweight, low-power navigation solution [6][9]