ETQ Launches ETQ Reliance Go™, Delivers Automated Quality Management for Small- to Mid-Sized Manufacturers

Rhea-AI Summary

ETQ (NYSE:B) launched ETQ Reliance Go on December 3, 2025, a cloud-native electronic quality management system (EQMS) for small- to mid-sized manufacturers.

The SaaS offering provides a self-service implementation path, simple licensing-only pricing, built-in best-practice templates and on-demand training to enable administrators to deploy without IT or vendor services. Key features include AWS-based infrastructure, preconfigured processes (document control, training, audit, nonconformance), modular apps and automated performance tracking. ETQ Reliance Go is available immediately.

Key Figures

Tongon total consideration $305 million Divestiture of Tongon mine and exploration properties

Tongon cash component $192 million Cash portion of Tongon transaction consideration

Shareholder loan repayment $23 million Included in Tongon cash, payable within six months

Contingent cash payments Up to $113 million Tongon earn-outs tied to gold price and resource conversion

Beneficial ownership 107,795,321 shares Capital International Investors Schedule 13G stake

Ownership percentage 6.3% Portion of Barrick shares reported in Schedule 13G

Shares outstanding 1,705,993,790 shares Shares believed outstanding in Schedule 13G filing

Planned CS1 patients 126 patients Global Phase IIb CS1 trial in pulmonary arterial hypertension

Market Reality Check

Volume Volume 15,609,813 vs 20-day average 18,162,089 (relative volume 0.86x) shows no unusual trading. normal

Technical Price 43.15 is trading above the 200-day MA at 32.48, reflecting an established upward trend before this launch.

Peers on Argus

Gold peers such as WPM, FNV, AU, AEM and KGC showed same-day gains of about 3–4.5%, while B was up 2.08%, suggesting some sector strength but no confirmed momentum-cluster signal.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 08	Market access update	Positive	+2.2%	Leqembi added to China commercial insurance innovative drug list.
Dec 08	Clinical trial clearance	Positive	+2.2%	FDA cleared global Phase IIb trial of CS1 in PAH.
Dec 03	Product launch	Positive	-1.3%	Launch of ETQ Reliance Go cloud-native EQMS for manufacturers.
Dec 02	Asset divestiture	Neutral	-3.1%	Completed Tongon mine transaction for consideration up to $305M.
Dec 01	IPO exploration	Neutral	+2.4%	Board authorized evaluation of IPO for North American gold assets.

Pattern Detected

Recent news often saw modestly positive price reactions, with one notable divergence on the ETQ Reliance Go launch where shares declined despite a constructive product announcement.

Recent Company History

Over recent days, B has reported several strategic and operational updates. On Dec 1, it began evaluating an IPO of a subsidiary holding North American gold assets. On Dec 2, it completed the Tongon mine divestiture for up to $305 million. On Dec 3, ETQ launched the cloud-native ETQ Reliance Go EQMS. Earlier, partners announced regulatory and market access milestones for Leqembi and CS1. Today’s ETQ software launch fits this pattern of ongoing portfolio and platform optimization.

Market Pulse Summary

This announcement adds a cloud-native, self-service EQMS option, ETQ Reliance Go, aimed at small- to mid-sized manufacturers. It complements a broader stream of recent corporate events, including asset portfolio changes and regulatory milestones cited in prior filings and news. Investors may focus on adoption of this SaaS platform, its contribution to operational efficiency, and how it fits alongside transactions like the $305 million Tongon divestiture and ongoing strategic initiatives.

Key Terms

electronic quality management system technical

"launched ETQ Reliance Go™, an electronic quality management system (EQMS)"

An electronic quality management system (eQMS) is a cloud- or computer-based tool that organizes a company’s quality rules, checklists, record-keeping and corrective actions in one place — like a digital rulebook and checklist for making reliable products. Investors care because it reduces the chance of costly defects, regulatory fines and production delays by making compliance and audits faster and more consistent, which protects revenue and can lower operational risk.

eqms technical

"an electronic quality management system (EQMS) designed exclusively"

An eQMS (electronic quality management system) is software that organizes and enforces a company’s quality and compliance processes—think of it as a digital filing cabinet, checklist and alarm system that tracks documents, audits, corrective actions and approvals. For investors, an eQMS matters because it lowers regulatory and operational risk: a robust system reduces the chance of recalls, fines, production delays and costly fixes, while weak controls can signal future costs or reputational damage.

saas technical

"ETQ Reliance Go is a SaaS offering that delivers the limitless power"

SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.

cloud-native technical

"cloud-native technology to supercharge quality processes and reduce technology risk"

Cloud-native describes a way of creating and running applications that are designed specifically to operate smoothly on cloud computing platforms. Think of it as building a house with flexible, lightweight materials that can be easily moved, scaled, or adjusted as needed, rather than using rigid, traditional construction. For investors, it signifies technology that is more adaptable, efficient, and capable of quickly responding to changing market demands.

amazon aws technical

"Built on Amazon AWS, ETQ Reliance Go delivers a secure, high-performance"

Amazon Web Services (AWS) is a large on-demand cloud computing platform that lets organizations rent remote computing power, data storage and ready-made software instead of buying and running their own servers—like paying for electricity or office space by usage rather than owning the utility. For investors, AWS matters because it produces steady, recurring revenue with strong profit margins, fuels scalable growth and cash flow, and can insulate a company’s results from fluctuations in physical hardware or retail operations.

AI-generated analysis. Not financial advice.

Self-Service Capabilities Enable Cost-Effective Option for Advanced Electronic Quality Management

BURLINGTON, Mass., Dec. 3, 2025 /PRNewswire/ -- ETQ, part of Hexagon, today launched ETQ Reliance Go™, an electronic quality management system (EQMS) designed exclusively for small- to-mid-sized manufacturers. The solution delivers fast time to value and a cost-effective entry point to an enterprise-grade quality management solution. 

ETQ Reliance Go is a SaaS offering that delivers the limitless power of cloud-native technology to supercharge quality processes and reduce technology risk. As a self-service implementation option, ETQ Reliance Go provides built-in best practices for automating quality processes, simple licensing-only pricing and detailed setup guides that enable system administrators to deploy the solution independently of IT or vendor services support.

"As the manufacturing world becomes more complex – from product design and development through to delivery – organizations of all sizes must embrace electronic quality management in order to compete – it's no longer a luxury confined to the largest manufacturers," said Vick Vaishnavi, CEO of ETQ. "ETQ Reliance Go levels the playing field when it comes to advanced, cloud-native quality management systems, empowering organizations of all sizes to cost effectively automate their quality management processes and transition from manual or spreadsheet-based quality systems for superior product and operational quality."

ETQ Reliance Go is a proven software system that provides the building blocks to automate quality processes and establish a comprehensive closed-loop quality ecosystem.

Additional key features of ETQ Reliance Go include:

• Convenient self-service setup. Quality teams can independently launch the platform with ETQ Reliance Go's user-friendly interface, step-by-step guides, and on-demand product training, empowering smaller teams to onboard users, reduce deployment barriers and eliminate the need for IT or vendor support.
• Cloud-native infrastructure. Built on Amazon AWS, ETQ Reliance Go delivers a secure, high-performance cloud-native experience that scales seamlessly to support future growth.
• Preconfigured quality processes. ETQ Reliance Go comes with more than a dozen quality processes, including document control, training management, audit management, nonconformance handling and more.
• Automated performance tracking. ETQ Reliance Go allows manufacturers to start small and scale fast with modular quality applications that they can set up and deploy individually or integrated together. Quality teams can start with out-of-the box processes that can be automated or streamlined immediately, and they can quickly demonstrate ROI through automated performance tracking and proven audit readiness.

ETQ Reliance Go is available immediately.

About ETQ
ETQ, part of Hexagon, is a leading provider of integrated quality management, health, safety, and environmental solutions for manufacturers. Firms around the world rely on ETQ to ensure optimal quality at scale, reduce costs and improve the velocity of data-driven decisions. Learn more at etq.com.

Hexagon is a global leader in digital reality solutions, combining sensor, software and autonomous technologies. Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,000 employees in 50 countries and net sales of approximately 5.2bn EUR. Learn more at hexagon.com and follow us @HexagonAB.

Media Contacts:
Chris Nahil	Linda Pendergast-Savage
ETQ	lpendergastsavage@comcast.net
cnahil@etq.com	508-224-7905
617-529-6126

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SOURCE ETQ, LLC

FAQ

What is ETQ Reliance Go and who is it for (NYSE:B)?

ETQ Reliance Go is a cloud-native SaaS EQMS launched by ETQ (NYSE:B) for small- to mid-sized manufacturers to automate quality processes.

When did ETQ (NYSE:B) launch ETQ Reliance Go and is it available now?

ETQ launched ETQ Reliance Go on December 3, 2025, and the product is available immediately.

How does ETQ Reliance Go simplify deployment for manufacturers?

It offers a self-service setup with step-by-step guides, on-demand training and licensing-only pricing so administrators can deploy without IT or vendor support.

What core quality processes are preconfigured in ETQ Reliance Go?

The platform includes preconfigured processes such as document control, training management, audit management and nonconformance handling.

What infrastructure does ETQ Reliance Go use and what does that mean for scalability?

ETQ Reliance Go is built on Amazon AWS, providing secure, high-performance, cloud-native infrastructure that scales with growth.

Can manufacturers start small and expand ETQ Reliance Go over time?

Yes—ETQ Reliance Go offers modular quality applications that can be deployed individually and integrated later, enabling scalable adoption.