NoviqTech Raises $1.08M, Launches Quantum Intelligence and Fuel Central Platforms

Strategic Expansion into Sustainable Fuels and Quantum Technologies

NoviqTech Limited (ASX, NVQ) has marked a significant milestone in its growth trajectory with the launch of Fuel Central, a specialised platform designed to enhance traceability in the sustainable fuels sector. Built as an extension of its established Carbon Central technology, Fuel Central aims to address critical challenges in the supply chain of sustainable aviation fuels (SAF) and biofuels by integrating blockchain-powered mass balance and book & claim solutions. This end-to-end digital infrastructure promises to streamline certification processes and improve transparency for producers, blenders, distributors, and regulators alike.

Simultaneously, NoviqTech has taken a bold step into frontier computing with the creation of Quantum Intelligence Pty Ltd, a new subsidiary dedicated to harnessing quantum computing, artificial intelligence, and blockchain technologies. This initiative builds on NoviqTech’s existing AI and digital twin capabilities, aiming to deliver enhanced operational performance, security, and digital trust. The launch of Quantum Intelligence platforms, including the QI Provenance beta and QI AI (available via request-only access), signals the company’s commitment to pioneering next-generation sustainability intelligence solutions.

Capital Raising and Board Refresh

To support these ambitious developments, NoviqTech successfully completed a $1.08 million placement, with an additional $0.17 million pending shareholder approval. The funds are earmarked to accelerate Quantum Intelligence’s research, engineering, and commercialisation efforts, as well as to bolster business development and sales capabilities. This capital injection strengthens NoviqTech’s financial position amid ongoing investments in product innovation and market expansion.

In governance updates, the company welcomed Niv Dagan, founder and Executive Director of Peak Asset Management, to its board as a Non-Executive Director. His expertise in capital markets and strategic growth is expected to guide NoviqTech through its next phase of expansion. The appointment follows the resignation of Dr Raffaele Marcellino, whose contributions the company acknowledged with gratitude.

International Engagement and Market Positioning

NoviqTech’s presence at the China International Fair for Trade in Services (CIFTIS) 2025 in Beijing, as part of the Australian National Pavilion, underscores its commitment to expanding its footprint in the Asia-Pacific region. Showcasing its digital sustainability platforms to government agencies, industry leaders, and potential partners, NoviqTech is actively pursuing strategic collaborations, particularly in sustainable biofuels and circular materials.

The company’s updated investor presentation highlights a diversified product ecosystem encompassing Carbon Central, NoviqAI, and Quantum Intelligence. With ongoing enterprise pilots and partnerships, including a notable collaboration with the Hedera Foundation, NoviqTech is positioning itself to capture growing demand for trusted sustainability verification technologies.

Financial Overview and Outlook

Financially, NoviqTech reported a net operating cash outflow of A$778,000 for the quarter, with cash and equivalents standing at A$347,000 at period end. Including unused financing facilities, the company estimates it has approximately 1.92 quarters of funding available. Management remains confident in continuing operations and meeting business objectives, supported by recent capital raises and strategic grants.

Looking ahead, NoviqTech plans to accelerate enterprise onboarding, increase credit and token volumes, and advance pilot programs under Fuel Central. The company also aims to deepen its engagement across the Asia-Pacific region, leveraging its integrated sustainability platform suite to drive long-term value in a rapidly evolving market.