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 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 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]