Nextech

Nextech


Recent posts by Nextech

6 min read

Nextech AR Sees Strong 3D Model Demand From Large Manufacturers Showcasing Its CAD To Poly 3D/AR Technology

By Nextech on Jan 12, 2022 9:54:04 AM

Signs Multiple Deals for its CAD-Poly Solutions 


VANCOUVER, B.C., Canada – January 6, 2022 - Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the signing of multiple CAD to POLY deals across a variety of industries including Jacuzzi Brands LLC and Ford Motor Company (NYSE: F). With this announcement the Company is validating its proprietary CAD-Poly 3D modelling technology called ARitize CAD. The Company believes that it’s CAD- Poly technology is a game changer for the manufacturing industry, as they now have a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale.

ARitize CAD  is Nextech’s patent pending technology, enabling the conversion of CAD files into 3D AR models at scale at a price and quality that it believes is best in class. CAD is a function of product engineering. Industrial designers, working for product manufacturers, use CAD software like AutoCAD, and SolidWorks to design many of the products in the modern world. Now, using ARitize CAD, those files can be converted to 3D/AR models with the creation of photo realistic, fully textured 3D models from raw CAD models and reference images. This technology creates optimized 3D meshes that are suitable for 3D and AR applications.

To learn more, please read: Turning 3D CAD Designs into CGI Ready 3D Models Automatically.

The use of CAD files is ubiquitous across manufacturing verticals including; automotive, aerospace, industrial machinery, civil and construction, electrical & electronics, pharmaceutical, healthcare, consumer goods and others. According to BIS Research, the CAD market, quantified by the amount spent on the creation of CAD files, is $11 billion dollars by 2023.

With the mass adoption of 3D models underway, Nextech is seeing a variety of companies from different industries that are implementing its ARitize CAD technology to create a large number of 3D/AR models at scale. This is evidenced through Nextech’s recent customer wins. These companies are highlighting their products in a new way, using technology to increase engagement in the emerging metaverse, and ultimately drive more sales.
ARitize CAD was only recently launched and has already signed notable customers including; Collingwood Lighting Ltd a lighting manufacturer, Jacuzzi Brands LLC, through its subsidiaries, is a global manufacturer and distributor of branded baths, hot tubs, pools, saunas and Ford Motor Company (NYSE: F) an American multinational automobile manufacturer - The two FORD models that have been created are the 2021 Ford Mustang Mache-E, and the 2021 Ford Escape SE Plug-in Hybrid.

See video below

Topics: Augmented Reality CAD to POLY
8 min read

Nextech AR Signs Large Enterprise 3D Modeling Deal For Ecommerce

By Nextech on Jan 12, 2022 7:31:06 AM

Company is seeing rapidly growing demand for Its 3D Modeling and AR Visualization Solutions in Ecommerce  

Topics: Augmented Reality E-commerce
4 min read

Nextech AR To Exhibit at NRF 2022 Retail’s Big Show January 16-18th At The Javits Center In NYC

By Nextech on Jan 11, 2022 7:35:00 AM

VANCOUVER, B.C., Canada – January 11, 2022 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that it will exhibit at the upcoming NRF 2022: Retail’s Big Show to showcase its ARitize 3D solution for ecommerce. Retail’s Big Show will have the biggest names in retail such as Walmart, Nordstrom, Best Buy, PepsiCo Foods, IBM, Macy’s, McDonald’s, Ralph Lauren, Foot Locker, Microsoft, Target, and more.

Topics: E-commerce News
5 min read

Nextech AR Sees Demand For Its 3D Models Rapidly Growing As It Signs Deals Across A Wide Spectrum of Industries

By Nextech on Dec 23, 2021 7:35:00 AM

 VANCOUVER, B.C., Canada – December 23, 2021 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the signing of multiple AR ecommerce deals across a variety of industries. By leveraging its AI powered 3D model factory, ARitize 3D, the Company has expanded its 3D for ecommerce business into winter sports equipment, ultra-specialized furniture markets, eyewear, consumer goods, handbags and more highlighting the range of specialty assets that ARitize 3D can create.

Nextech AR CEO, Evan Gappelberg commented, “It really feels like the whole world is going 3D - and I believe that the mass adoption of 3D models has started. Since the launch of ARitize 3D in October - we have signed over 60 new accounts which have cumulatively purchased thousands of 3D models and as our upcoming January 15th  Shopify integration goes live we expect that demand will only increase. This is a big validation of our efforts, and showcases our 3D/AR tech stack as a true disrupter in the emerging multi-billion dollar 3D model market. He continues “ With our AI and CAD powered 3D model factory, I believe that we have the highest quality, lowest cost, most scalable solution anywhere. Currently, all signs are pointing to 2022 being a breakout year for everything 3D!”

With the mass adoption of 3D models underway, Nextech is seeing a wide variety of companies from different industries that are implementing its 3D/AR models to showcase their products. This is evident through Nextech’s recent customer sign ups for ARitize 3D, (see below). These companies are now offering their customers an immersive, engaging shopping experience, which has been proven to result in higher click-through rates, higher conversions, and decreased returns.

Ultra-Specialized Furniture

Topics: Augmented Reality
11 min read

Nextech AR CEO Evan Gappelberg Buys Company Stock In The Open Market and Provides Corporate Update

By Nextech on Dec 22, 2021 5:20:51 PM

  • CEO continues to increase his ownership position
  • Buys 50,310 shares in the open market
  • Increases his ownership to 10,099,589 common shares

VANCOUVER, B.C., Canada – December 22, 2021 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies  today announced that CEO Evan Gappelberg has purchased a total of 50,310 shares through open market buys 12/17/2021 to 12/20/2021 with an average purchase price of $1.00 USD or $1.29 CAD per share. This purchase increases CEO/Founder Evan Gappelberg’s ownership to 10,099,589 common shares. The Company is also providing an update with respect to various corporate matters as set forth below.

5 min read

Nextech AR Signs Multi-year Virtual Event & Marketplace Contract With Restaurants Canada

By Nextech on Dec 21, 2021 7:30:00 AM

As Omicron Variant Emerges, Company Sees Uptick In Its Virtual Events Business

Topics: Augmented Reality virtual events
3 min read

Nextech AR To Host Livestream Event To Discuss Its New 3D Virtual Events Platform, Omicron and the Metaverse

By Nextech on Dec 20, 2021 6:08:48 PM

VANCOUVER, B.C., Canada – December 20, 2021 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce it will host a livestream event tomorrow, December 21, to discuss its new 3D virtual events platform, the pandemic implications for the virtual events business, and the Metaverse.

Speaking live:

Topics: Augmented Reality virtual events
5 min read

Nextech AR To Present at the “Metaverse Platforms” Event Hosted By the VRARA

By Nextech on Dec 17, 2021 7:30:00 AM

VANCOUVER, B.C., Canada – December 17, 2021 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that CEO Evan Gappelberg will present the Company’s Metaverse solutions at the “Metaverse Platforms & Avatars” virtual event today, December 17.

Hosted by the VR/AR Association (VRARA), the event will showcase a full day of disruptive ideas and ground-breaking insights, innovations, and technologies by bringing together the most revolutionary minds and companies. Featuring representatives from Microsoft, Snap, HTC Vive, Google, and more, this high-profile event will provide Nextech with the opportunity to present its end-to-end Metaverse offering to a substantial attendee list as well as the opportunity for 1-on-1 networking with other speakers and VIP attendees.

Event Details
Date: Friday, December 17, 2021
Speaker: Nextech AR CEO, Evan Gappelberg
Presentation time: 1:00pm EST
Registration Link: https://hopin.com/events/metaverses-and-avatars/registration



Nextech has undergone transformative growth in 2021, ultimately rebranding as a Metaverse company to better align with its vision and technology stack. With a full suite of integrated products, Nextech is positioned to capitalize on the Metaverse economy as one of the only end-to-end Metaverse solutions. The Company’s notable ARitize Metaverse Studio is the platform that allows customers to not only create a mini-metaverse environment through spatial mapping, but also populate that mini-metaverse with AR content including human holograms, 3D AR products, AR wayfinding, AR advertisements, and more.

Announced in a recent press release, Nextech’s ARitize Metaverse Studio is currently available as a managed service but is expected to be launched as a SaaS solution in early Q1 2022, bringing all of Nextech’s solutions together into one, easy to use, web-based studio. Nextech’s customers can access all their 3D assets, compose AR experiences, and publish them into the Metaverse in any format. In ARitize Metaverse Studio, customers can manage 3D/AR content and point cloud maps, which are used for localization. It also gives users the ability to update these point cloud maps and 3D/AR content in their application in real-time. ARitize Metaverse Studio will assist in managing and creating mini-metaverse environments such as  shopping malls, airports, museums, university campuses, and more.

Nextech AR CEO Evan Gappelberg commented, “The Metaverse is a trillion dollar opportunity that big tech has recognized. Countless companies have all joined the Metaverse revolution and are looking for innovative companies like Nextech and others to provide 3D and AR solutions. I’m looking forward to presenting at the VRARA event and showcasing our unified Metaverse platform that integrates Nextech’s entire suite of AR solutions. We are a small cap company that has the tech stack of a large cap - and I believe we are one of the only, if not the only true end-to-end Metaverse solutions, giving us a first mover advantage.”

Nextech is currently a member of the VRARA, along with notable companies such as Microsoft, Unity, Meta, Intel, Google and many more.

About the VRARA
The VR/AR Association (VRARA) is an international organization designed to foster collaboration between solution providers and end-users that accelerates growth, fosters research and education, helps develop industry best practices, connects member organizations and promotes the services of member companies.

Latest News from Nextech:
Dec 9 - Nextech AR, Microsoft, and Ryerson to Present at “The Metaverse & Augmented Reality Labs” Event with Technology And Edtech Partners
Dec 8 - Nextech AR Integrates with Coinbase Commerce, Now Accepting Cryptocurrency as Payment Method
Nov 30 - Nextech AR Launches ARitize 3D SaaS Offering For Ecommerce
Nov 18 - Nextech AR Launches Major 3D Metaverse Upgrade To Its Events Platform
Nov 16 - Nextech AR Rebrands as a Metaverse Company

Topics: metaverse
4 min read

Nextech AR Launches Stripe Integration For Its 3D Mapping & Events Platform

By Nextech on Dec 15, 2021 7:35:00 AM

New Platform Fee Expected to add $760,000 in Annual Revenue  

6 min read

Nextech AR to Present at “The Metaverse & Augmented Reality Labs” Event with Technology And Edtech Partners

By Nextech on Dec 9, 2021 7:35:00 AM

Nextech’s Augmented Reality Lab Builder for the Metaverse, is now available in the Microsoft Marketplace

VANCOUVER, B.C., Canada – December 9, 2021 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce it will be presenting with Microsoft and Ryerson University at “The Metaverse & Augmented Reality Labs: The Future of Learning'' event today, December 9, 2021, followed by a Q&A question.

Topics: Edtech