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 Corp (NEXCF) is described in its public communications as an AI-first technology company focused on event technology, 3D modeling, and spatial computing. Company news highlights that Nextech3D.ai delivers AI-powered live event solutions and AI Event Solutions for virtual, hybrid, and in-person experiences through platforms such as Map D, Eventdex, and Krafty Labs.
The news flow around Nextech3D.ai frequently covers developments in its unified event-technology ecosystem. Examples include integration milestones between Eventdex and Map D, expansion of AI matchmaking capabilities, and production milestones for interactive floor plans. Releases also discuss blockchain-powered ticketing and accreditation, as well as enhancements to mobile apps, registration, and exhibitor management within the event platform.
Recent announcements emphasize strategic transactions and platform expansion, including the acquisition of Krafty Labs, an AI-enabled experiential team-building and engagement platform serving global enterprise customers, and a definitive agreement to acquire all remaining shares of ARway, a no-code AR navigation provider. These items appear in company news alongside updates on insider investments through convertible notes and open market share purchases.
Investors and observers following NEXCF news can expect coverage of topics such as AI-powered event registration and ticketing, AI matchmaking performance, interactive floor plan production, experiential engagement offerings through Krafty Labs, and the integration of AR navigation and blockchain ticketing into the Nextech3D.ai stack. News items also describe how the company’s platforms support conferences, expos, corporate activations, learning programs, and enterprise engagement.
This news page aggregates these disclosures so readers can review Nextech3D.ai’s reported product developments, acquisitions, integrations, and capital markets updates in one place.
Nextech AR Solutions Corp (OTCQB: NEXCF) has announced an exclusive fireside chat featuring CEO Evan Gappelberg and analyst Lisa Thompson from Zacks Small Cap Research. The discussion highlights the company's ramp-up of 3D modeling for eCommerce, the impending spin-out of its ARway business, and the launch of its Toggle3D platform. By transitioning to a pure-play 3D model service and targeting the rapidly growing AR market, Nextech aims to capitalize on a sector projected to grow at nearly 300% annually. The fireside chat and further insights can be accessed through provided links.
Nextech AR Solutions has launched Toggle3D, an innovative AI-powered SaaS platform designed for the creation and deployment of 3D models at scale. This new technology aims to enhance efficiency in design and configuration processes. CEO Evan Gappelberg discussed the launch, highlighting its potential impact on various industries. The platform is expected to cater to a growing demand for 3D modeling solutions, marking a significant step forward in Nextech's business strategy.
Nextech AR Solutions Corp (OTCQB: NEXCF) has launched Toggle3D, an AI-powered SaaS platform for creating and deploying 3D models at scale. This groundbreaking platform is designed for product designers, marketers, and eCommerce professionals, allowing them to convert CAD files into lightweight 3D models without technical expertise.
The CAD market is valued at $11 billion by 2023, indicating significant growth potential. Toggle3D aims to address industry needs by providing high-quality, photorealistic models for various sectors including automotive, aerospace, and healthcare.
Nextech AR Solutions Corp. (OTCQB:NEXCF) has received a purchase order for 7,500 3D models, with over 50% already delivered. The remaining models are expected to be completed early in Q4 2022. The company's ARitize 3D technology uses AI to create high-quality 3D and Augmented Reality experiences, significantly enhancing customer engagement. The market for 3D models is projected to grow from $4.48 billion in 2021 to $12.13 billion by 2028, with a CAGR of 15.5%. The shares are currently trading at $0.82.
Nextech AR Solutions (CSE:NTAR, OTCQB:NEXCF) has secured a significant purchase order for 7,500 3D models from an enterprise customer. This multi-year deal is expected to generate additional orders. CEO Evan Gappelberg emphasized the favorable implications for the company's growth and market position. Concurrently, Psyence Group announced the approval of its Phase IIa clinical trial, while Eloro Resources and Baselode Energy reported promising project developments, showcasing a robust news cycle for the companies featured.
Nextech AR Solutions Corp (OTCQB: NEXCF) has reported a substantial surge in demand for its 3D modelling and augmented reality solutions within the e-commerce industry. The company received a significant purchase order for 7,500 3D models, with over 50% already delivered. This order reflects Nextech's pivotal role in the $5 trillion e-commerce sector's transition to Web3.0, with CEO Evan Gappelberg highlighting that implementing 3D/AR technology can lead to a 93% increase in click-through rates and a 40% reduction in product returns, reinforcing Nextech's growth momentum.
Nextech AR Solutions Corp (NEXCF) announced a significant purchase order for 7,500 3D models, with over 50% already delivered. This order demonstrates Nextech's leadership in AR and 3D modeling for the e-commerce sector, projected to transform a $5 trillion industry. The CEO highlighted the exponential ROI from 3D/AR adoption, with increases in CTR by 93% and conversions by 250%. Nextech is engaged in additional negotiations for larger enterprise deals, setting the stage for record revenue growth. The global demand for 3D models is expected to grow from $3.8 billion in 2020 to $7.6 billion by 2025.
Nextech AR Solutions has announced a significant update on its CSE listing, confirming conditional approval for the spin-off of its augmented reality platform, ARway, under the symbol ARWY. This move is seen as a pivotal step in enhancing Nextech AR's market presence and shareholder value. CEO Evan Gappelberg emphasized the strategic importance of this transition in an interview. The move represents a commitment to advance its AR offerings, indicating potential growth avenues for both NEXCF and its stakeholders.
Nextech AR Solutions Corp (OTCQB: NEXCF) has announced the upcoming spin-off of ARway, a no-code platform for indoor navigation. Conditional approval has been received for listing on the Canadian Securities Exchange under the symbol ARWY, with trading expected to start in October 2022. Shareholders will receive a total of 4 million shares in ARway, positioning it as a publicly traded pure play in spatial computing. Additionally, the company is transitioning to QR codes for improved user experience, accuracy, and scalability, while adopting LiDAR technology for high-quality spatial mapping.
Nextech AR Solutions Corp. (OTCQB: NEXCF) has appointed Melea Guilbault as the new CEO of its subsidiary, Map D. This strategic move aims to accelerate sales growth, unify AR and 3D technologies, and enhance the event management platform's offerings. Guilbault, with over 30 years of experience, previously served as Senior VP at Community Brands, where she significantly contributed to revenue growth. Map D is positioned as a leading self-serve event tech platform, providing comprehensive tools for managing diverse events, integrating advanced AR features.