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. (OTCQB: NEXCF) has released a significant update regarding its Shopify app for creating 3D/AR models, initially launched in January. They have introduced a Freemium model to attract ecommerce businesses and plan to extend this pricing to additional platforms like BigCommerce and WooCommerce by Q2 2022. The app has seen a 44% month-over-month increase in installs and ranks in the top 2% of 3D modeling apps. CEO Evan Gappelberg will present at the "Next Super Stock Live!" event on April 12, 2022, discussing AI-powered 3D/AR model creation.
Nextech AR Solutions (CSE:NTAR)(OTCQB:NEXCF) has partnered with Bothwell Cheese to launch augmented reality (AR) human hologram smart packaging. The partnership includes QR code-triggered holograms on cheese labels, set to enhance consumer engagement. Bothwell products reach major retailers across Canada, including Whole Foods and Sobeys. This collaboration aims to modernize packaging while improving product visibility. CEO Evan Gappelberg discussed the initiative, marking a significant step in innovative food packaging.
Nextech AR Solutions Corp (OTCQB: NEXCF) has announced a partnership with Bothwell Cheese to implement its ARitize CPG technology on cheese product labels across Canada. This innovative solution utilizes QR codes to trigger engaging holograms, enhancing consumer interaction. The initiative targets major retailers, including Whole Foods and Loblaws. CEO Evan Gappelberg emphasized the potential of augmented reality in marketing. This collaboration opens a significant market opportunity in the food industry, aligning with the ongoing growth in smart packaging projected to exceed $33 billion.
Nextech AR Solutions Corp (OTCQB: NEXCF) has filed four significant utility patents for its augmented reality products, ARitize 3D and ARitize CAD. These patents include methodologies for generating 3D models from 2D images and CAD data, enhancing the company's intellectual property and competitive advantage in the Metaverse. CEO Evan Gappelberg emphasized that these patents are foundational for the company's future and critical for meeting the rising demand for 3D models in the growing $5 trillion e-commerce industry. The company is positioned to benefit from the accelerating market for augmented reality technologies.
Nextech AR Solutions Corp. (OTCQB: NEXCF) announces CEO Evan Gappelberg's participation in the "NEXT SUPER STOCK Live!" event on April 5, 2022, at 1 PM ET, focusing on AI-powered 3D/AR model creation. The event invites both individual and institutional investors to join the livestream presentation. Nextech's innovative technology, including ARitize 3D and ARitize CAD, represents significant advancements in augmented reality for e-commerce. This approach aims to enhance product visualization, potentially driving growth in online sales and proving beneficial for stakeholders.
Nextech AR Solutions Corp. (OTCQB: NEXCF) announced CEO Evan Gappelberg's participation in the Lytham Partners Spring 2022 Investor Conference from April 4-7, 2022. Gappelberg's presentation is scheduled for April 4 at 11:00 am ET, and a webcast will be available for viewing thereafter. Additionally, he will engage in virtual one-on-one meetings throughout the conference. Nextech continues to lead in augmented reality technologies and is leveraging its e-commerce platforms to fund Metaverse growth initiatives.
Nextech AR Solutions Corp. (OTCQB: NEXCF) announced that CEO Evan Gappelberg will present live at VirtualInvestorConferences.com on Thursday, April 7, 2022, at 11:30am ET. The interactive presentation invites individual and institutional investors, advisors, and analysts to engage directly. Participants can submit questions in real-time, with an archived version available post-event. Pre-registration is recommended for optimal participation. Nextech focuses on AR technologies and Metaverse solutions, utilizing e-commerce platforms to fund its growth.
Nextech AR Solutions Corp (OTCQB: NEXCF) has announced the signing of multiple AR ecommerce deals across diverse industries, extending its reach into the $5.5 trillion global e-commerce market. The company’s 3D models and AR technology lead to 40% lower product returns and 93% higher click-through rates. CEO Evan Gappelberg highlighted the potential for new revenue streams, with contracts contributing to monthly recurring revenue (MRR). New sectors include adult toys, fashion, and flooring. Upcoming launches in ARitize 3D and the Metaverse Suite are set to enhance adoption and market share in 2022.
Nextech AR Solutions (CSE:NTAR) (OTCQB:NEXCF) has disclosed its financial results for FY 2021, showcasing a record revenue of $25.9 million and a gross profit of $9.8 million. The company's renewable software license revenue surged to $1.4 million, reflecting a remarkable 316% increase from 2020. CEO Evan Gappelberg provided insights into these promising results during an interview.
Nextech AR Solutions Corp. reported record annual revenue of $25.9 million for 2021, a 47% increase from 2020. Key highlights include a 316% growth in Renewable Software Licenses revenue, totaling $1.4 million. In Q4 2021, total revenue reached $6.4 million, reflecting an 11% increase from Q3. However, annual gross profit remained flat at $9.8 million. The company successfully reduced operating expenses by $1.5 million in Q4 2021. Despite these positive indicators, Nextech reported a net loss of $32.7 million for the year.
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