Nextech

Nextech


Recent posts by Nextech

5 min read

Nextech AR 3D Swirl Ad Achieves Breakthrough  With Over 1 Million Ad Views

By Nextech on Dec 6, 2022 7:30:00 AM

3D Ads Gaining Traction With Major Brands Represents Major New Revenue Potential

Topics: ARitize E-commerce 3D Models 3D/AR
3 min read

Nextech AR CEO Evan Gappelberg Buys 250,000 Shares of Company Stock In Open Market Purchases

By Nextech on Nov 29, 2022 7:30:00 AM

TORONTO, O.N, Canada – NOVEMBER 29, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services for ecommerce today announced that CEO Evan Gappelberg (the “Acquirer”) has purchased a total of 250,000 shares (the “Subject Shares”) through open market buys with an average purchase price of $.70/ USD or .95 CAD per share. This purchase increases CEO Evan Gappelberg’s ownership to 10,672,461. common shares.

Topics: Investor Relations
8 min read

Nextech AR Prepares Map D For Rapid Growth in 2023; Hires Industry Leading Executives, Positioning To Lead The Global Events Industry

By Nextech on Nov 22, 2022 7:30:00 AM

Live Event Augmented Reality Wayfinding & XR Experiences Expected to Drive Triple Digit New Revenue Growth in 2023

Topics: Events trade shows Map D trade show management
7 min read

Nextech AR Solutions Corp. Reports Record Q3 Sequential Growth As 3D Modeling Revenue Surges +192% and Gross Profit Margin Improves To +60%

By Nextech on Nov 17, 2022 4:27:06 PM

  • Q3 technology services revenue up +66% from Q2 2022 hitting approximately $920K

  • Q3 3D modeling revenue surges over +192% versus Q2 2022

  • Q3 3D model production increased +110% versus Q2 2022

  • Q3 technology services gross profit margin improves to +60% versus 37% reported in Q2 2022

  • Q3 gross profit was approximately $555K on 920K in Q3 technology revenue with a gross profit margin of 60% 

TORONTO, ON Canada – November 17, 2022 – Nextech AR Solutions Corp.  (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) wayfinding technologies, and 3D model services for the largest prime ecommerce platform, reports its financial and operating results for the third quarter 2022 ended September 30, 2022. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer today after the close November 17, 2022 at 5:00 P.M where Nextech will host a conference call to discuss Q3 results.

Topics: Investor Relations Earnings Call
6 min read

Nextech AR Launches Breakthrough AI To Scale Its 3D Model Production Capabilities, Files New Patent

By Nextech on Nov 15, 2022 7:30:00 AM

Nextech’s Breakthrough AI is aiming to solve the multi-billion dollar 3D model supply problem

Topics: ARitize 3D Models ARitize 3D
7 min read

Nextech AR Seeing Record 3D Model Demand in Q4 2022, Continuing In 2023

By Nextech on Nov 10, 2022 7:35:00 AM

 

Topics: 3D Models
8 min read

Nextech AR’s Toggle-3D Disrupting The Rapidly Growing CAD-3D Model Market

By Nextech on Nov 8, 2022 7:30:00 AM

  • Toggle3D is introducing break-through PBR material creation flows that reduces the material creation time from days to minutes.

  • Toggle3D Supports NEW File Formats & Expanding CAD Conversion Capabilities

  • Toggle3D eliminates the complexity of texturing 3D models

Topics: 3D Models
4 min read

Nextech AR To Release Q3 2022 Financial Results November 17th

By Nextech on Nov 1, 2022 7:45:00 AM

TORONTO, O.N, Canada – November 1, 2022 -  Nextech AR Solutions Corp(“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services plans to release its third quarter 2022 financial results after markets close on Thursday November 17, 2022.

Topics: Earnings Call
6 min read

Spin-Out of Nextech AR’s Spatial Computing Platform, “ARway” is Now Complete

By Nextech on Oct 27, 2022 2:00:00 PM

TORONTO, O.N, Canada –  OCTOBER 27, 2022 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29),  Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce that the spin-out of ARway Corp., a no-code spatial computing platform for real-world metaverse is now complete. 

Topics: ARway
7 min read

Nextech AR’s ARway Signs Deal For Kid Cudi Backed XR Music App, “Encore”

By Nextech on Oct 25, 2022 7:30:00 AM

TORONTO, O.N, Canada –  OCTOBER 25, 2022 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29),  Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce that ARway’s Spatial Computing technology is now being used as part of the XR engine powering the music app: Encore. This application of the ARway platform opens up a substantial new market; providing AR spatial activations for the music industry. While the Company is focusing its spatial computing platform revenue generation towards AR wayfinding it is finding applications of its breakthrough technology in additional markets that are opening up entirely new revenue opportunities. 

Topics: ARway