Welcome to our dedicated page for Nextech3D AI news (Ticker: NEXCF), a resource for investors and traders seeking the latest updates and insights on Nextech3D AI stock.
Nextech3D AI (NEXCF) delivers cutting-edge AI and augmented reality solutions that power immersive 3D experiences across e-commerce, education, and industrial applications. This dedicated news hub provides investors and technology stakeholders with essential resource for tracking the company's strategic developments.
Access comprehensive updates including product launch announcements, partnership agreements, financial disclosures, and technology breakthroughs. Our curated collection enables efficient monitoring of Nextech3D AI's progress in spatial computing, AI-powered 3D modeling innovations, and metaverse infrastructure development.
Key content categories include earnings reports, intellectual property milestones, executive leadership updates, and analysis of emerging AR/VR market trends. All materials maintain strict editorial standards to ensure factual accuracy and regulatory compliance.
Bookmark this page for streamlined access to official press releases and verified third-party analysis. Regular updates ensure you remain informed about Nextech3D AI's advancements in photorealistic 3D WebAR solutions and their industry-specific applications.
Nextech AR Solutions Corp. (NEXCF) reports significant growth in Q1 2022, highlighting a 62% increase in sequential quarterly Annual Recurring Revenue (ARR), now reaching a record $1.346 million. The company achieved a 100% increase in the average deal size for 3D AR models, climbing to $10,000. Notably, Q2 has already exceeded Q1 in contract values within just six weeks. Furthermore, operating expenses reduced by $2.7 million year-over-year, leading to a net loss of $7.7 million for the quarter.
Nextech AR Solutions Corp (OTCQB: NEXCF) will release its first quarter 2022 financial results on May 16, 2022, after market close. A conference call is scheduled for the same day at 5:00 PM Eastern Time, hosted by CEO Evan Gappelberg and CFO Andrew Chan, to discuss the results. Recent developments include signing multiple 3D modeling deals and launching the 365 MetaMarketplace in partnership with Restaurants Canada. Investors can access the conference via a toll-free number or webcast, with a recording available later on the company's IR website.
Nextech AR Solutions Corp (OTCQB: NEXCF) has closed multiple new 3D modeling deals for eCommerce, adding approximately 400 new models to the existing 1,500. This growth indicates an accelerating demand for their ARitize 3D technology, which enhances profitability and customer engagement. The company charges a recurring fee of
Nextech AR Solutions Corp. (OTCQB: NEXCF) has announced its intention to voluntarily delist from the NEO Exchange to lower costs associated with multiple listings. The delisting is expected to occur at the close of business on May 12, 2022. Despite this change, the company's common shares will continue to be listed on the Canadian Securities Exchange (CSE) under the symbol NTAR. Investors are not required to take any action regarding this delisting.
Nextech AR Solutions Corp (OTCQB: NEXCF) has launched the 365 Marketplace in partnership with Restaurants Canada at the 2022 RC Show, a premier foodservice event held from May 9-11, 2022. This innovative platform integrates 3D/AR technology to create an interactive hybrid marketplace, featuring 5,000 virtual vendor profiles for over 30,000 members. Aimed to revolutionize eCommerce in the foodservice sector, Nextech’s marketplace aspires to become the Shopify of the industry, expanding into global markets.
Nextech AR Solutions Corp (OTCQB: NEXCF) has closed numerous deals for 3D model e-commerce services, confirming a surge in demand for its AI-powered ARitize 3D factory. The company is set to produce over
Nextech AR Solutions Corp (OTCQB: NEXCF) has announced a significant contract with Genuine Parts Company for its ARitize 3D technology. This deal allows the auto parts distributor to leverage Nextech's AI-driven tools to convert 2D images into 3D models, enhancing ecommerce capabilities in the auto parts sector. The auto parts market is projected to grow from
Nextech AR Solutions Corp. (OTCQB: NEXCF) announces that CEO Evan Gappelberg will present at ESCP Business School on April 27, discussing 'The Metaverse - The Future of Business.' He aims to highlight digital transformation and innovation's impact on business in the metaverse, alongside industry leaders like Google and Salesforce. Gappelberg emphasizes the importance of 3D Augmented Reality and Nextech's solutions such as ARitize 3D, CAD, and Maps, projecting the metaverse as the next trillion-dollar opportunity.
Nextech AR Solutions Corp announced the public launch of its Metaverse app, ARitize Maps, a comprehensive tool for creating interactive spaces in the Metaverse.
The app includes features like augmented reality mapping, localization, and drag-and-drop AR content.
Nextech has invested over
The company recently partnered with MIT for the XR Hackathon, utilizing ARitize Maps as a primary platform.
Nextech AR Solutions (CSE:NTAR) (OTCQB:NEXCF) has launched the ARitize 3D BigCommerce App, enhancing its 3D model creation capabilities for BigCommerce merchants. This step is part of the company's strategy to expand its offerings in augmented reality solutions, targeting the e-commerce sector. CEO Evan Gappelberg discussed the implications of this launch in a recent interview. By integrating advanced AR technology, Nextech aims to improve customer engagement and drive sales for online retailers.
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