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Nextech3D.ai

Nextech3D.ai


Recent posts by Nextech3D.ai

6 min read

Nextech AR Solutions Corp. Reports Q2 Results  Showing Continued Record Growth in 3D Modelling for Ecommerce and Web3.0 Business

By Nextech3D.ai on Aug 18, 2022 3:30:00 PM

  •  Q2 delivered 30% Sequential growth in Annual Recurring Revenue to almost $1 million

  • Q2 showed a record 40% growth in Web3.0 3D modeling revenue

  • Record Q2 Annual Recurring Revenue And Repeat Revenue  at $1,566,000

  • Q2 cash burn decreased to $1 million per month, the Company expects an expense reduction of $500K/month in the 2nd half of 2022


TORONTO, ON Canada – August 18, 2022 – Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the second quarter 2022 ending June 30, 2022.

Subsequently, Nextech will host a conference call to discuss the results today, August 18, 2022 at 5:00 P.M. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results.

Topics: Investor Relations Earnings Call
6 min read

Nextech AR Announces Participation in the Q3 Virtual Investor Summit

By Nextech3D.ai on Aug 15, 2022 6:35:00 AM

TORONTO, O.N, Canada – August 15, 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 and 3D model services is pleased to invite you to attend the Q3 Virtual Investor Summit, where Nextech AR’s CEO Evan Gappelberg will be attending and presenting about the Company’s involvement in 3D modeling for eCommerce and ARway, the disruptive spatial mapping technology for the Metaverse. The presentation will be webcast and an archived recording will be made available in the Investors' section of the Nextech AR website.

Topics: Investor Relations
6 min read

Nextech AR Announces Multiple New 3D Modeling Contracts

By Nextech3D.ai on Aug 11, 2022 8:43:53 AM

TORONTO, O.N, Canada – Aug 11, 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 and 3D model services is pleased to announce that the Company has signed numerous new 3D modeling deals throughout the month of July and early August, 2022.

Topics: ARitize 3D Models
4 min read

Nextech AR Launches Major Upgrade To Shopify App ARitize 3D

By Nextech3D.ai on Aug 9, 2022 6:35:00 AM

TORONTO, O.N, Canada – Aug 9, 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 and 3D modeling services for ecommerce brands is pleased to announce the launch of  it’s ARitize Configurator as a upgrade to the ARitize 3D app in Shopify. This launch further cements the company's leadership position by offering one integrated solution for Shopify merchants. To date, the ARitize 3D app for Shopify has had a 40% conversion rate with 312 downloads, and 124 merchants in a paid plan subscriptions. Adoption is growing in the Shopify community for 3D models, and it is anticipated that adding the Configurator option will only accelerate  merchants' adoption. 

Topics: ARitize shopify
9 min read

Nextech AR Launches AR Wayfinding and Navigation Into the Event Space Through Its Subsidiary ARway

By Nextech3D.ai on Aug 3, 2022 8:32:28 AM

  • The GIP Indoor Navigation Market is projected to grow to $23.6 billion in 2025 according to Research and Markets.

  • ARway Announces new branding and website  

  • ARway launches new upgrades as of July 30th, 2022

  • GPS tagging now available


TORONTO, O.N, Canada – Aug 3, 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 and 3D model services is pleased to announce it has launched a major new technology advancement with AR Wayfinding into the events spaces as well as upgrades to its augmented reality spatial mapping platform, “ARway."

Topics: metaverse Map D spatial mapping ARway
12 min read

Nextech AR Announces Update Of Proposed Arrangement To Spin Out Real-World Augmented Reality Spatial Mapping Platform ARway

By Nextech3D.ai on Aug 2, 2022 6:05:00 AM

  • Increases dividend shares to Nextech shareholders again to 4 million shares +25% from the 3,200,000 previously announced

  • Execution of Arrangement Agreement To Spin Out Real-World Augmented Reality Spatial Mapping Platform ARway

    TORONTO, ON, Canada – August 2, 2022 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) is pleased to announce that it has entered into an arrangement agreement dated effective July 29, 2022 with its wholly-owned subsidiary 1000259749 Ontario Inc. (“Spinco”) and a special purpose financing company, 1373222 B.C. Ltd. (“FinanceCo”). The Arrangement Agreement, a copy of which will be available under the Company’s profile on SEDAR, sets out the terms on which Nextech will complete a plan of arrangement (the “Arrangement”) under the Business Corporations Act (British Columbia) whereby the Company’s ARway platform and associated assets will be spun out to Spinco. 

7 min read

Nextech AR to Webcast Live August 4th at VirtualInvestorConferences.com

By Nextech3D.ai on Jul 28, 2022 6:45:00 AM

TORONTO, O.N, Canada – July 28, 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, web3.0 and 3D model services announces that Evan Gappelberg, CEO will present live at VirtualInvestorConferences.com on Thursday, August 4th.  
 
Nextech AR Solutions invites individual and institutional investors, as well as advisors and analysts, to attend Evan Gappelberg’s real-time, interactive presentation, discussing ARway; Nextech’s spatial computing platform, and the Company’s fast growing 3D model business. 

Topics: Business Investor Relations Livestream
4 min read

Nextech AR Schedules Conference Call to Discuss Second Quarter 2022 Financial Results and Business Update

By Nextech3D.ai on Jul 26, 2022 12:21:48 PM

TORONTO, O.N., Canada – July 26, 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, web3.0 and 3D model services plans to release its second quarter 2022 financial results after markets close on Thursday August 18, 2022.

Topics: Investor Relations Earnings Call
8 min read

Nextech AR Announces New Updates to Its Real-World Augmented Reality Spatial Computing Platform, “ARway”

By Nextech3D.ai on Jul 19, 2022 6:35:00 AM

  • Enhanced Wayfinding with – Out-of-box capabilities to create and experience guided tours with AR enhanced navigation

  • Enhanced 3D Models with– Animated 3D models driving higher engagement

  • Enhanced Location Intelligence – Collection and visualization of analytics to monitor the performance of spatials through multiple data dimensions including location and time

  • Full Occlusion – virtual objects can be hidden or occluded by real-world objects in both Android and iOS

TORONTO, O.N, Canada – July 19, 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 and services is pleased to announce the Company has launched upgrades to its augmented reality spatial mapping platform, “ARway.” As previously announced ARway is being spun out as a stand alone public company marking what the company believes will be the first publicly traded “pure play” spatial computing platform. 

Topics: spatial mapping ARway
7 min read

Nextech AR Becomes 3D Model Supplier For Prime Marketplace And Signs Multiple New 3D Contracts

By Nextech3D.ai on Jul 12, 2022 6:34:24 AM

  • Selection Demonstrates the Company's Technical Proficiency and Leadership in 3D Modeling for Ecommerce

  • Company has Continued to Sign New 3D Modeling Deals Continuing its Rapid Expansion and Growth into Web 3.0 


TORONTO, O.N, Canada – July 12, 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 and services is pleased to announce that the Company is now a 3D model supplier for the world’s largest Prime eCommerce marketplace. In addition to this significant achievement, in the past 45 days the Company has signed 17 new 3D modeling deals, continuing its rapid expansion and growth into Web 3.0 and creation of digital twins for eCommerce.

Topics: 3D Models