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 its prototype and completion of Milestone 1, including securing a key IP license from Ramot at Tel Aviv University, Quantum Transportation has now implemented its transformer-based neural decoder on an AWS cloud. This cloud deployment establishes the necessary infrastructure to process complex quantum data at scale, enabling efficient handling of noisy intermediate-scale quantum (NISQ) devices.
With this cloud integration complete, Quantum Transportation is making another step to be prepared to engage with quantum hardware design partners and transition into its next development phase: testing its code-agnostic decoder directly on real, physical quantum hardware across various architectures. This advancement represents a significant advancement toward scalable, fault-tolerant quantum computing, with potential applications in transportation, navigation, and beyond.
Viewbix recently signed a definitive agreement to acquire up to 100% (and not less than 85%) of Quantum X Labs (the "Acquisition"), encompassing its expanding patent portfolio in quantum error correction and related fields. The Acquisition is expected to close within 90 days from December 15, 2025, subject to customary closing conditions.
About Viewbix Inc.
Viewbix Inc. (Nasdaq: VBIX) is an advanced technologies company that, through certain of its subsidiaries Gix Media Ltd. and Metagramm Software Ltd., operates in the field of digital advertising. Gix Media develops a variety of technological software solutions, which perform automation, optimization and monetization of internet campaigns, for the purposes of acquiring and routing internet user traffic to its customers. Metagramm is a developer of grammatical error correction software. The company offers tools for writing and reviewing, grammar, spelling, punctuation and style features, as well as translation and multilingual dictionaries, using artificial intelligence and machine learning technology.
For more information about Viewbix, visit https://view-bix.com/
More information about Quantum X Labs visit: https://quantumxlabs.xyz/
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses how Quantum Transportation is making another step to be prepared to engage with quantum hardware design partners and transitioning into its next development phase, the timing and completion of the acquisition and the satisfaction of closing conditions related to the acquisition. Because such statements deal with future events and are based on Viewbix's current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements could differ materially from those described in or implied by the statements in this press release.
The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed in any filings with the SEC. Except as otherwise required by law, Viewbix undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Viewbix is not responsible for the contents of third-party websites.
Investor Relations Contacts:
Michal Efraty
Investor Relations
michal@efraty.com
