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Gix Internet: Quantum X Labs Announces Cyber Quantum Encryption Breakthrough in Demonstration with IBM Quantum Processor, Heron r2

Globe Newswire•03/11/2026•06:55 ET
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Key Highlights

  • ➤QXL (QXL) demonstrated Qatacomb encryption on IBM’s commercial Heron r2 processor
  • ➤156-qubit demonstration recovered an encrypted image despite the processor’s real noise
  • ➤Intended recipient correctly recovered better than nine of every ten image elements
  • ➤Adversary without the key gained no usable information in the demonstration
  • ➤Gix holds approximately 13% of QXL, representing 2,818,585 shares

In its first run on a real quantum processor, Quantum X Labs’ Qatacomb scheme successfully recovered an encrypted image using a 156-qubit machine, while an adversary without the key gained no usable information in the demonstration, illustrating a privacy guarantee designed to hold regardless of an adversary’s computing power

TEL AVIV, Israel, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Gix Internet Ltd. (Nasdaq: GIXI; TASE: GIX) (“Gix” or the “Company”), a dual-listed technology company, today announced that Quantum X Labs Inc. (Nasdaq: QXL) (“Quantum X Labs” or “QXL”), in which Gix holds approximately 13% (2,818,585 shares), has reported the first demonstration of its Qatacomb quantum encryption scheme on commercial quantum hardware.

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