{"id":34090,"date":"2025-07-31T04:14:08","date_gmt":"2025-07-31T04:14:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/34090\/"},"modified":"2025-07-31T04:14:08","modified_gmt":"2025-07-31T04:14:08","slug":"noviqtech-launches-new-subsidiary-to-bring-quantum-computing-into-mainstream-business","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/34090\/","title":{"rendered":"Noviqtech Launches New Subsidiary to Bring Quantum Computing into Mainstream Business"},"content":{"rendered":"

NoviqTech (ASX: NVQ)<\/a> has launched a new wholly-owned subsidiary known as Quantum Intelligence (QI) to redefine enterprise performance through quantum computing, AI and blockchain technologies.<\/p>\n

The new business will focus on advancing operational performance, security and digital trust, marking a significant evolution in NoviqTech\u2019s mission to deliver transformational and intelligent solutions for a rapidly-digitising economy.<\/p>\n

QI will support custom deployments and third-party integrations with flexible subscription tiers to suit all end-users, from sandbox testing to enterprise-scale rollouts.<\/p>\n

Modular Assistant<\/p>\n

QI AI is a modular, enterprise-ready assistant that enables natural language interaction, real-time Q&A, multi-lingual communication and compliance alerts, all with blockchain-backed transparency.<\/p>\n

It aims to streamline administrative tasks, enhance collaboration and deliver verifiable AI insights with key features including live translations, intelligent summarisation, compliance tracking and tamper-proof outputs.<\/p>\n

Built with an API-first approach, QI AI can integrate seamlessly into customer relationship management and enterprise resource planning systems, and support custom workflows for sector-specific needs.<\/p>\n

Tamper-Proof Credentials<\/p>\n

Quantum Intelligence will offer QI Provenance (Provenance-as-a-Service) and QI AI (AI-as-a-Service), which will go live in Beta and be available under a subscription model from September.<\/p>\n

QI Provenance delivers tamper-proof digital credentials and asset provenance through a simple application programming interface (API), empowering businesses to embed verifiable trust into their systems.<\/p>\n

Backed by blockchain, it enables the issue of secure digital documents, multimedia content and video assets, while tracking asset origin, changes and ownership.<\/p>\n

With RESTful APIs, a Python library and white-label options, users can easily integrate the solution it their existing workflows.<\/p>\n

World-First Solution<\/p>\n

Quantum Intelligence also offers the QI platform as a world-first hybrid quantum classical solution for enterprise integration via APIs and SaaS (Software-as-a-Service), solving complex optimisation and security challenges across a range of sectors.<\/p>\n

Powered by the soon-to-be-launched NVIDIA CUDA-Q, the platform will accelerate hybrid quantum classical computing by up to 10x, enabling the high-performance execution of computationally intensive tasks without the need for dedicated quantum hardware.<\/p>\n

NVIDIA-enhanced architecture promotes real-time, scalable Quantum-as-a-Service technology for finance, logistics, healthcare and energy sectors.<\/p>\n

NoviqTech has developed QI to integrate with its existing Carbon Central and NoviqAI platforms to advance carbon reporting, supply chain intelligence and AI-driven insight with quantum-accelerated performance.<\/p>\n

Global Footprint<\/p>\n

Chief executive officer Freddy El Turk said QI would extend NoviqTech\u2019s global footprint into the heart of digital performance.<\/p>\n

\u201cIt represents the next logical step in our journey, making quantum-enhanced decision-making a reality for everyday business operations,\u201d he said.<\/p>\n

\u201cWe are now able to bring unprecedented computational power to enterprises via the cloud, democratising access to quantum-classical hybrid solutions.\u201d<\/p>\n

Software Licence<\/p>\n

NoviqTech has secured a long-term global licence from Mr El Turk\u2019s Singapore-based entity Morphotech to use and commercialise its QI software and related technology.<\/p>\n

The licence will be non-exclusive, non-transferable and royalty-free while NoviqTech scales its operations, with commercial terms to be agreed upon once the company reaches profitability.<\/p>\n

NoviqTech will retain ownership of any software improvements and Morphotech will provide maintenance and updates at no additional cost.<\/p>\n

The agreement is designed to support long-term collaboration, with standard provisions in place including the ability for Morphotech to terminate with two month\u2019s notice.<\/p>\n

Capital Raising<\/p>\n

Noviqtech has received firm commitments from sophisticated and institutional investors to raise approximately $1.25 million through the issue of 34.72 million fully-paid ordinary shares at $0.036 each, with one free attaching listed option per share exercisable at $0.20 and expiring in March 2028.<\/p>\n

NoviqTech will conduct the placement in two tranches and use the proceeds to support business development initiatives and the expansion of the company\u2019s sales team.<\/p>\n

Peak Asset Management will act as lead manager to the placement.<\/p>\n","protected":false},"excerpt":{"rendered":"NoviqTech (ASX: NVQ) has launched a new wholly-owned subsidiary known as Quantum Intelligence (QI) to redefine enterprise performance…\n","protected":false},"author":2,"featured_media":34091,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[64,63,257,31248,105],"class_list":{"0":"post-34090","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-au","9":"tag-australia","10":"tag-computing","11":"tag-nvq","12":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/34090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=34090"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/34090\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/34091"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=34090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=34090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=34090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}