Viewbix announces quantum gyroscope technology breakthrough
Viewbix Inc. (NASDAQ: VBIX) announced that Quantum Gyro Ltd., a portfolio company of Quantum X Labs Ltd., achieved a technological breakthrough in quantum-based gyroscope development for navigation solutions.
According to the company's statement, Quantum Gyro demonstrated performance improvements of several orders of magnitude over existing gyroscope systems in critical components of the technology. The development targets precision navigation applications in GPS-denied environments.
Quantum Gyro plans to complete laboratory experiments and increase testing efforts to advance the technology's stabilization and maturation. The company is conducting meetings with strategic customers and partners, focusing on aerospace and defense application sectors.
Market research firm DataIntelo forecasts the global quantum compass navigation market will expand at a compound annual growth rate of 29.4% from 2025 to 2033, potentially reaching $3.64 billion by 2033.
Viewbix signed a definitive agreement on December 15, 2025, to acquire between 85% and 100% of Quantum X Labs, including its patent portfolio covering quantum error correction intellectual property. The acquisition requires completion of final due diligence, regulatory approvals, Viewbix stockholder approval per Nasdaq Stock Market rules, and other standard closing conditions. The transaction is expected to close within 90 days of the agreement date.
Viewbix operates as an advanced technologies company through subsidiaries including Gix Media Ltd., which develops digital advertising automation software, and Metagramm Software Ltd., which creates grammatical error correction software using artificial intelligence and machine learning.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Stellantis and Nissan reportedly in talks for Marelli bankruptcy assets
- Onsemi bets on physical AI with $7 billion Synaptics acquisition
- Ingredion secures $1.475B term loan to fund Tate & Lyle acquisition
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Definitive Agreement, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share