NoviqTech (ASX: NVQ) has announced the launch of Quantum Intelligence (QI), a new wholly-owned subsidiary designed to enhance enterprise performance through the use of quantum computing, artificial intelligence, and blockchain technologies. NoviqTech aims to deliver transformational and intelligent solutions for a rapidly digitising economy. The company is focused on advancing operational performance, security and digital trust. 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.
QI will offer services such as QI Provenance (Provenance-as-a-Service) and QI AI (AI-as-a-Service), both of which will be available in Beta under a subscription model starting in September. QI AI, a modular enterprise-ready assistant, facilitates natural language interaction, real-time Q&A, multilingual communication, and compliance alerts, all backed by blockchain transparency. QI Provenance delivers tamper-proof digital credentials and asset provenance via a simple application programming interface (API), enabling businesses to embed verifiable trust into their systems.
The QI platform, described as a world-first hybrid quantum classical solution, provides enterprise integration via APIs and SaaS. It addresses complex optimisation and security challenges across various sectors. Powered by the upcoming NVIDIA CUDA-Q, the platform is expected to accelerate hybrid quantum classical computing by up to tenfold, enabling high-performance execution of computationally intensive tasks without requiring dedicated quantum hardware. NoviqTech has secured a long-term global license from Morphotech to use and commercialise its QI software and related technology.
To support these initiatives, NoviqTech has secured commitments to raise approximately $1.25 million through a placement of shares at $0.036 each, including attaching listed options. The funds will be used to support business development and expand the company’s sales team. Peak Asset Management served as the lead manager for the placement.
