Welcome to our dedicated page for Arway news (Ticker: ARWYF), a resource for investors and traders seeking the latest updates and insights on Arway stock.
ARway Corp (ARWYF) is a software company focused on augmented reality navigation, spatial computing, and AI-powered event solutions. Its news flow centers on how its AR and AI technology is applied to event management, venue navigation, and attendee engagement, as well as on corporate developments involving Nextech3D.ai and Map D.
On this page, readers can follow company announcements about ARway’s AI-powered spatial computing platform, including its no-code, no-hardware AR navigation system that uses visual marker tracking and AI. News items highlight how ARway and its subsidiary Map D support trade shows, conferences, and community events with interactive mapping, booth engagement, and AI-powered matchmaking between attendees and exhibitors.
ARway’s releases also cover financial and operating updates, such as reported percentage revenue growth, changes in gross margin, and reductions in net loss over specific reporting periods. Additional news addresses share issuances to service providers and management, private placement transactions, and ownership changes that affect the company’s capital structure.
A significant portion of recent news relates to Nextech3D.ai’s intention and subsequent definitive agreement to acquire all remaining ARway shares it does not already own, through a three-cornered amalgamation. These items explain the strategic rationale for consolidating ARway and Map D into Nextech3D.ai’s broader AI, 3D modeling, and event technology ecosystem.
Investors and observers can use this news feed to review ARway’s historical announcements on technology deployments, event customer wins, financial disclosures, and corporate transactions as the company’s AR navigation and event solutions evolve.
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The Watchlist by The Market Herald has released new interviews with Northstar Gold, ARway.ai, Affinity Metals Corp, and Else Nutrition discussing their latest news. Key highlights include:
Northstar Gold announced a non-brokered private placement financing with targeted minimum proceeds of $500,000.
ARway.ai secured a paid pilot contract with a major Southern California shopping mall for its AI-powered Augmented Reality Experience platform.
Affinity Metals Corp confirmed its listing on the Canadian Securities Exchange, with trading commencing on August 2, 2023.
Else Nutrition reported its second quarter 2023 financial results for the period ending June 30, 2023.
The Watchlist provides investors with quick snapshots and exclusive insights from company executives about these latest developments.
ARway.ai, an AI-powered Augmented Reality Experience platform, has announced a new paid pilot contract with one of Southern California's largest shopping malls. The pilot, expected to last 90 days, will implement navigation and augmented reality experiences in a 1.2 million square foot center with over 130 stores and restaurants. Upon successful completion, it could lead to a full rollout and an annual six-figure contract.
CEO Evan Gappelberg expressed excitement about this milestone, highlighting ARway's ability to deliver seamless navigation solutions across expansive areas. The company has recently signed multiple paid pilot programs, ranging from $5,000 to $15,000, with various entities including a leading Indian brand design agency and a Middle East-based technology company. These pilots are expected to lead to annual sales contracts, showcasing ARway's growing market presence in the spatial computing and augmented reality sector.
The Power Play by The Market Herald has released new interviews with Odd Burger, ARway.ai, and Homerun Resources, discussing their latest news:
1. Odd Burger (TSXV:ODD) (OTCQB:ODDAF) will be the title sponsor at VegTO Fest, Ontario's largest vegan festival, taking place in Toronto from September 9th - 10th 2023.
2. ARway.ai (CSE:ARWY) (OTCQB:ARWYF), an AI-powered Augmented Reality Experience platform, announces its transition to a SaaS business model.
3. Homerun Resources (TSXV:HMR) has executed a confidentiality commitment document with Companhia Baiana de Pesquisa Mineral to explore and develop high-purity quartz silica resources in Belmonte, Bahia, Brazil.
These interviews provide investors with quick snapshots of the companies' latest developments through exclusive insights from company executives.
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ARway (CSE:ARWY) (OTCQB:ARWYF) has announced a groundbreaking partnership with Map D, an event technology company owned by Nextech3D.ai. Under the agreement, Map D will license ARway's spatial computing navigation platform for a minimum of $500,000 annually, with an additional 10% royalty if sales exceed this amount.
This partnership aims to disrupt the $50 billion exhibition industry by integrating ARway's augmented reality indoor navigation system into Map D's event solutions. The collaboration is expected to revolutionize trade show experiences and position both companies at the forefront of event technology innovation.
The global exhibition market is projected to grow at a CAGR of over 3% during 2019-2025, with the US being the largest market. ARway's shares, which began trading in November, are currently priced at $0.67.
ARway.ai, a leading provider of innovative Augmented Reality Experience platforms, has announced a groundbreaking partnership with Map D, an event technology company owned by Nextech3D.ai. This collaboration aims to revolutionize the $50 billion trade show industry by introducing ARway's augmented reality indoor navigation system.
The partnership involves a $500,000 annual license agreement, with ARway receiving monthly payments of $41,666 for 12 months. If sales exceed $500,000 within any 12-month period, ARway will receive a 10% royalty. ARway's technology uses AI and spatial computing to create a no-code, no-beacon solution with visual marker tracking for centimeter precision, enabling seamless AR experiences in trade show navigation.
Map D, which works with top companies and trade shows in the industry, sees this collaboration as a first-mover advantage to transform the trade show experience for attendees and exhibitors.
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