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An announcement from Tymlez Group Ltd. ( (AU:NVQ) ) is now available.
NoviqTech has signed a formal agreement with Viva Energy Australia to support the oil and fuel company’s Sustainable Aviation Fuel book-and-claim project at Brisbane Airport, which is partly funded by the Australian Renewable Energy Agency. Under the engagement, NoviqTech will research and test blockchain-based digital accounting systems for SAF, including governance, chain-of-custody models and lifecycle emissions reporting, to reduce barriers to SAF uptake—particularly where physical supply is constrained—thereby positioning NoviqTech as a key enabler of credible, scalable SAF markets and digital sustainability infrastructure, despite the project’s modest initial contract value of about $45,000 and its research-focused scope.
More about Tymlez Group Ltd.
NoviqTech Limited (ASX: NVQ) is an Australian technology company focused on developing digital infrastructure solutions for the fuel, energy and aviation sectors, with particular emphasis on blockchain-based accounting, certificate lifecycle management and sustainability-focused data platforms such as its Carbon and Fuel Central offering.
Average Trading Volume: 515,140
Technical Sentiment Signal: Sell
Current Market Cap: A$6.46M
For detailed information about NVQ stock, go to TipRanks’ Stock Analysis page.