3 mins read
Published Jan 21, 2026
NoviqTech to Support Viva Energy’s Sustainable Aviation Fuel Project
Sydney, January 21, 2026 – NoviqTech (ASX: NVQ) is pleased to announce the signing of a formal agreement with Viva Energy Australia (ASX: VEA, Viva Energy) to support their Sustainable Aviation Fuel (SAF) book-and-claim project, which is part funded by the Australian Renewable Energy Agency (ARENA).
The collaboration follows Viva Energy’s earlier announcement that it had secured funding of $2.39 million from ARENA to establish Sustainable Aviation Fuel infrastructure to supply Brisbane Airport. NoviqTech previously provided a letter of support for the initiative.
NoviqTech will support Viva Energy to explore, validate and refine digital approaches to SAF book-and-claim systems, including governance models, certificate lifecycle management, and alignment with emerging sustainability standards. The engagement is structured to remain flexible as SAF standards, regulations and market frameworks continue to evolve.
Key Highlights
NoviqTech is formally collaborating with Viva Energy on research and exploration for SAF book-and-claim initiatives.
The collaboration follows Viva Energy’s earlier ARENA SAF infrastructure announcement. NoviqTech previously provided a letter of support for the initiative.
The scope explores, validates and refines digital approaches to SAF book-and-claim systems, including governance models, certificate lifecycle management, and alignment with emerging sustainability standards.
Project Overview
Under the engagement, NoviqTech and Viva Energy will undertake activities, including:
Research into how digital SAF accounting systems and blockchain technology can contribute to the supply chain required for a future domestic SAF industry and reduce barriers to SAF uptake in Australia.
Collaboration on how these digital accounting systems can support the calculation and reporting of lifecycle greenhouse gas (GHG) emissions along a SAF supply chain.
Comparison of various chain-of-custody models such as mass balance and book and claim to understand the suitability of these along a SAF supply chain and document any barriers for the implementation of such models.
Exploring how a digital book-and-claim accounting system based on blockchain technology can support the growth of SAF uptake in Australia, especially at regional airports where physical infrastructure for SAF supply is not yet available.
Exploring how SAF end-users can demonstrate carbon reduction benefits through a book-and-claim system in Australia.
Collaborating to demonstrate learnings and insights from these research activities.
Market Outlook
As SAF markets continue to develop globally, digital accounting and chain-of-custody systems are increasingly required to support credible sustainability claims and to avoid double counting or greenwashing. Blockchain-based systems provide immutable records and transparent audit trails that can support these objectives while remaining adaptable to evolving standards and regulatory frameworks.
NoviqTech is seeing increasing interest across fuel, energy and aviation markets for research-led approaches that validate how digital infrastructure can support SAF deployment at scale, particularly in markets where physical supply constraints remain a barrier.
Project Funding
The parties have entered into a formal agreement to support the above activities, with either party able to terminate on 90 days’ notice.
Under the terms of the agreement, NoviqTech will receive approximately ~$45,000, split across three core project phases. Phases include activities for discovery and exploration, requirements mapping under ISCC, configuration and testing and validation of existing functionality of Carbon and Fuel Central, and demonstration and knowledge-sharing activities.
Any future commercial arrangements will be subject to agreed terms and conditions, based on the outcomes of the ongoing research and demonstration activities. NoviqTech will update the market as soon as any material commercial arrangements are confirmed.
Looking Ahead
NoviqTech looks forward to collaboration with Viva Energy to support research and demonstration activities that contribute to the development of a credible and scalable Sustainable Aviation Fuel ecosystem in Australia.
Authorised by the NoviqTech Board of Directors.
For any queries relating to this announcement, please contact:
investors@noviqtech.com
Source: ASX.