Viewbix's Quantum Transportation Achieves Milestone 1 in Quantum Decoder Program, Advancing Technology Commercialization
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Globenewswire
- Milestone Progress: Quantum Transportation successfully completed Milestone 1 in its quantum decoder program, which included patent feasibility assessments and quantum error correction model research, marking a significant step towards a universal neural decoder and expected to accelerate the commercialization of quantum computing.
- Technical Validation: By finalizing its initial transformer architecture, Quantum Transportation validated through simulations that its decoding approach outperforms traditional methods in efficiency and adaptability, indicating broad application potential in high-reliability sectors such as transportation and security.
- Strategic Acquisition: Viewbix is in the process of acquiring up to 100% (and no less than 85%) of Quantum X Labs, further expanding its patent portfolio in quantum error correction, with the transaction expected to close within 90 days, enhancing the company's market position in quantum technologies.
- Next Steps: Following the completion of Milestone 1, Quantum Transportation will advance to the system proof of concept phase, planning expanded simulations and initial engagements with design partners to accelerate the practical application and market rollout of its technology.
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About VBIX
Viewbix Inc, formerly Virtual Crypto Technologies Inc, is an Israel-based video analytics and technology company. The Company provides Vsense, which is a video marketing platform. Vsense allows companies to drive a return on investment (ROI) from their videos while providing insights into viewer engagement. The Company enables users to create video players. It also offers solutions that incorporate templates and editing capabilities enabling subscribers to customize their videos with calls to action across digital platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
