Not yet reviewed by Pith; the record is open.

We establish a noncommutative analogue of the first fundamental theorem of classical invariant theory. For each quantum group associated with a classical Lie algebra, we construct a noncommutative associative algebra whose underlying vector space forms a module for the quantum group and whose algebraic structure is preserved by the quantum group action. The subspace of invariants is shown to form a subalgebra, which is finitely generated. We determine generators of this subalgebra of invariants and determine their commutation relations. In each case considered, the noncommutative modules we construct are flat deformations of their classical commutative analogues. Thus by taking the limit as $q\to 1$, our results imply the first fundamental theorem of classical invariant theory, and therefore generalise them to the noncommutative case.