I its fi st u o a eal qua tum p ocesso , Qua tum X Labs’ Qatacomb scheme successfully ecove ed a e c ypted image usi g a 156-qubit machi e, while a adve sa y without the key gai ed o usable i fo matio i the demo st atio , illust ati g a p ivacy gua a tee desig ed to hold ega dless of a adve sa y’s computi g powe
TEL AVIV, Is ael, Nov. 03, 2026 (GLOBE NEWSWIRE) — Gix I te et Ltd. (Nasdaq: GIXI; TASE: GIX) (“Gix” o the “Compa y”), a dual-listed tech ology compa y, today a ou ced that Qua tum X Labs I c. (Nasdaq: QXL) (“Qua tum X Labs” o “QXL”), i which Gix holds app oximately 13% (2,818,585 sha es), has epo ted the fi st demo st atio of its Qatacomb qua tum e c yptio scheme o comme cial qua tum ha dwa e.
I a u o a IBM Qua tum He o 2 p ocesso , p og ammed th ough IBM’s ope -sou ce Qiskit f amewo k, the i te ded ecipie t eco st ucted a e c ypted image by eadi g th ough the machi e’s ow oise, while a adve sa y who did ot hold the key gai ed o usable i fo matio about the message.
Qua tum X Labs believes the sig ifica ce lies i the ki d of gua a tee the scheme is desig ed to p ovide. Most e c yptio i use today ests o mathematical p oblems that a e ha d to solve with cu e t compute s, a d a sufficie tly capable qua tum compute is widely expected to be able to b eak much of it. Qatacomb is i stead desig ed so that its p ivacy follows f om the st uctu e of qua tum states themselves: it is i te ded to be i fo matio -theo etic, mea i g its secu ity is ot desig ed to depe d o a y assumptio about how much computi g powe a adve sa y ca b i g to bea , ow o i the futu e.
The demo st atio moves Qatacomb f om theo y to testi g o a eal device. The i te ded ecipie t, holdi g the key, ecove ed the co ect co te t fo bette tha i e of eve y te image eleme ts a d eco st ucted the full image without e o – despite the p ocesso ‘s eal oise. The adve sa y’s best possible measu eme t, evaluated exactly, etu ed o usable adva tage.
About Gix I te et Ltd.
Gix I te et Ltd. is a tech ology compa y that is listed o the Nasdaq Capital Ma ket u de the symbol GIXI a d o the Tel Aviv Stock Excha ge u de the symbol GIX. Its ope ati g focus is delive z.ai, a wholly-ow ed compa y that develops a AI-powe ed ma ageme t a d o chest atio laye fo obots, people a d auto omous systems, comme cially p ove today i hospital logistics. The platfo m combi es ma ageme t softwa e with auto omous mobile obots a d huma cou ie s to schedule a d assig i te al delive ies i eal time – by locatio , p io ity a d availability – f om a ce t al ope atio s system. It is built fo last-mile moveme t i side complex, high-t affic facilities such as hospitals, is i comme cial use at Sheba Medical Ce te , a d is bei g i t oduced to U.S. healthca e o ga izatio s. Gix’s b oade st ategy is to exte d the same ma ageme t a chitectu e to additio al auto omous systems a d complex physical ope ati g e vi o me ts. Gix also holds a st ategic mi o ity stake i Qua tum X Labs I c., a sepa ately listed compa y. Fo mo e i fo matio , visit https://www.gix-i te et.com/.
About Qua tum X Labs I c.
Qua tum X Labs I c. a d its subsidia ies a e focused o qua tum tech ology, digital adve tisi g a d computi g a d e te p ise a tificial i tellige ce (AI) solutio s. Qua tum X Labs Ltd. is focused o developi g a d p omoti g qua tum algo ithms fo the t a spo tatio , d ug discove y a d secu ity segme ts as well as developi g qua tum- based GPS eplaceme t a d qua tum atom accu acy solutio s. Gix Media develops a va iety of tech ological softwa e solutio s, which pe fo m automatio , optimizatio a d mo etizatio of i te et campaig s, fo the pu poses of acqui i g a d outi g i te et use t affic to its custome s. Metag amm is a develope of g ammatical e o co ectio softwa e a d offe s tools fo w iti g a d eviewi g, g amma , spelli g, pu ctuatio a d style featu es, as well as t a slatio a d multili gual dictio a ies, usi g a tificial i tellige ce a d machi e lea i g tech ology.
Fo mo e i fo matio about Qua tum X Labs, visit https://qua tumxlabs.xyz/
Fo wa d-Looki g Stateme ts
This p ess elease co tai s “fo wa d-looki g stateme ts” withi the mea i g of the P ivate Secu ities Litigatio Refo m Act a d othe secu ities laws. Fo wa d-looki g stateme ts co tai ed i this p ess elease i clude, but a e ot limited to, stateme ts ega di g Gix’s st ategic a d busi ess pla s, tech ology, elatio ships, objectives a d expectatio s fo its busi ess, g owth, the impact of t e ds o a d i te est i its busi ess, i tellectual p ope ty, p oducts a d its futu e esults, ope atio s a d fi a cial pe fo ma ce a d co ditio a d may be ide tified by the use of wo ds such as “may,” “seek,” “will,” “co side ,” “likely,” “assume,” “estimate,” “expect,” “a ticipate,” “i te d,” “believe,” “do ot believe,” “aim,” “p edict,” “pla ,” “p oject,” “co ti ue,” “pote tial,” “guida ce,” “objective,” “outlook,” “t e ds,” “futu e,” “could,” “would,” “should,” “ta get,” “o t ack” o thei egatives o va iatio s, a d simila te mi ology a d wo ds of simila impo t, ge e ally i volve futu e o fo wa d-looki g stateme ts. Fo example, the Compa y is usi g fo wa d-looki g stateme ts whe it discusses the i te ded secu ity a d p ivacy cha acte istics of Qatacomb, i cludi g its i te ded i fo matio -theo etic secu ity a d its desig ot to depe d o assumptio s ega di g a adve sa y’s computi g powe ; the pote tial sig ifica ce, capabilities, be efits a d applicatio s of Qatacomb a d QXL’s qua tum e c yptio tech ologies; a d QXL’s co ti ued developme t, testi g a d comme cializatio of Qatacomb a d its othe qua tum tech ologies. The e ca be o assu a ce that a y be efit ealized by QXL will esult i a y co espo di g be efit to the Compa y o the value of its i vestme t i QXL. Fo wa d-looki g stateme ts a e ot histo ical facts, a d a e based upo ma ageme t’s cu e t expectatio s, beliefs a d p ojectio s, ma y of which, by thei atu e, a e i he e tly u ce tai . Such expectatio s, beliefs a d p ojectio s a e exp essed i good faith. Howeve , the e ca be o assu a ce that ma ageme t’s expectatio s, beliefs a d p ojectio s will be achieved, a d actual esults may diffe mate ially f om what is exp essed i o i dicated by the fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts a e subject to isks a d u ce tai ties that could cause actual pe fo ma ce o esults to diffe mate ially f om those exp essed i the fo wa d-looki g stateme ts. Fo a mo e detailed desc iptio of the isks a d u ce tai ties affecti g the Compa y, efe e ce is made to the Compa y’s epo ts filed f om time to time with the Secu ities a d Excha ge Commissio (“SEC”), i cludi g, but ot limited to, the isks detailed i the Compa y’s egist atio stateme t o Fo m 20-F (File No. 001-43362), as ame ded, as filed with the SEC o Ju e 18, 2026, a d i subseque t fili gs with the SEC. Fo a desc iptio of isks affecti g QXL, efe e ce is made to QXL’s fili gs with the SEC. Fo wa d-looki g stateme ts speak o ly as of the date the stateme ts a e made. The Compa y assumes o obligatio to update fo wa d-looki g stateme ts to eflect actual esults, subseque t eve ts o ci cumsta ces, cha ges i assumptio s o cha ges i othe facto s affecti g fo wa d-looki g i fo matio except to the exte t equi ed by applicable secu ities laws. If the Compa y does update o e o mo e fo wa d-looki g stateme ts, o i fe e ce should be d aw that the Compa y will make additio al updates with espect the eto o with espect to othe fo wa d-looki g stateme ts. Refe e ces a d li ks to websites have bee p ovided as a co ve ie ce, a d the i fo matio co tai ed o such websites is ot i co po ated by efe e ce i to this p ess elease. Gix is ot espo sible fo the co te t of thi d-pa ty websites. IBM, IBM Qua tum a d the ames of IBM qua tum p ocesso s a e t adema ks of I te atio al Busi ess Machi es Co po atio ; IBM is ot affiliated with, a d has ot e do sed, Gix, QXL o the esults desc ibed i this p ess elease.
I vesto Relatio s Co tact:Michal Ef atyI vesto Relatio smichal@ef aty.com
