NoviqTech launches Quantum Intelligence Pty Ltd, introducing hybrid quantum computing solutions with a $1.25 million placement to accelerate growth and product rollout.
- Launch of Quantum Intelligence Pty Ltd focused on hybrid quantum computing, AI, and blockchain
- Beta release of QI Provenance and QI AI subscription services scheduled for September 2025
- Full Quantum Intelligence Platform powered by NVIDIA CUDA-Q to debut late 2025
- Completed $1.25 million placement to fund business development and sales expansion
- Strategic licensing agreement secured with Morphotech for quantum software technology
Quantum Leap for NoviqTech
NoviqTech Limited (ASX – NVQ) has taken a bold step into the future of enterprise technology with the launch of Quantum Intelligence Pty Ltd, a wholly owned subsidiary dedicated to hybrid quantum computing, artificial intelligence, and blockchain solutions. This move signals a strategic evolution from NoviqTech’s established strengths in digital trust and sustainability towards broader operational intelligence and security applications across industries.
The new subsidiary aims to harness the power of quantum-classical hybrid computing to deliver transformational performance improvements. Central to this is the Quantum Intelligence Platform, a global-first solution leveraging NVIDIA’s CUDA-Q technology to accelerate complex computations by up to tenfold without requiring costly quantum hardware. This cloud-based platform is designed for seamless enterprise integration through APIs and software-as-a-service (SaaS) models.
Product Rollout and Market Strategy
NoviqTech plans a Beta launch in September 2025 for two key offerings – QI Provenance, a blockchain-backed tamper-proof digital credential service, and QI AI, an AI assistant with multilingual capabilities and compliance tracking. Both services will be available via subscription, targeting enterprises seeking enhanced trust, security, and operational efficiency.
The full Quantum Intelligence Platform, enhanced by NVIDIA CUDA-Q, is slated for release later in 2025. Early pilots are planned across sectors such as logistics, energy, and financial services, reflecting NoviqTech’s ambition to drive cross-industry adoption of quantum-accelerated solutions.
Funding and Strategic Partnerships
To support this expansion, NoviqTech has completed a $1.25 million placement at $0.036 per share, accompanied by listed options exercisable at $0.20. The placement proceeds will bolster business development and sales team growth, underpinning the company’s go-to-market efforts. Part of the placement is subject to shareholder approval in a September 2025 meeting, including participation by CEO Freddy El Turk.
Additionally, NoviqTech secured a long-term, royalty-free global license from Morphotech Pte Ltd for the commercialization of its quantum intelligence software. This agreement ensures continuity and collaboration while NoviqTech scales its operations and retains ownership of any technological improvements.
Positioning for the Quantum Era
With quantum computing poised to generate up to $97 billion in revenue by 2035, according to McKinsey, NoviqTech’s hybrid quantum-classical approach positions it well to capture early market opportunities in optimisation, supply chain resilience, and financial modelling. By democratizing access to quantum-enhanced computing via cloud infrastructure, NoviqTech aims to remove traditional barriers and accelerate enterprise adoption.
CEO Freddy El Turk encapsulated the company’s vision – “QI represents the next logical step in our journey, making quantum-enhanced decision-making a reality for everyday business operations.” As NoviqTech prepares to beta test its pioneering services, the market will be watching closely to see how these quantum innovations translate into tangible business value.
Bottom Line?
NoviqTech’s quantum venture could redefine enterprise computing, next steps hinge on market adoption and shareholder backing.
Questions in the middle?
- How will enterprises respond to subscription-based quantum computing services in the near term?
- What commercial terms will be finalized with Morphotech once NoviqTech reaches profitability?
- Can NoviqTech’s hybrid platform maintain competitive advantage as quantum hardware evolves?