Nextech3D AI Stock Price, News & Analysis

Nextech AR Solutions has launched its Augmented Reality Lab Builder for the Metaverse, now available in the Microsoft Marketplace. The company will showcase this innovative tool at the Metaverse & Augmented Reality Labs: The Future of Learning event on December 9, 2021, alongside Microsoft and Ryerson University. This platform enables students to create immersive AR labs easily, enhancing educational experiences and accessibility. NEXCF aims to revolutionize higher education with affordable, interactive lab experiences that can be accessed globally.

Nextech AR Solutions Corp. (OTCQB: NEXCF) has announced its acceptance of major cryptocurrencies including Bitcoin, Ethereum, Litecoin, and USD Coin as payment. This integration, via Coinbase Commerce, aims to enhance customer flexibility and positions Nextech as a key player in the evolving crypto economy and Metaverse landscape. CEO Evan Gappelberg emphasized the significance of cryptocurrency in modern finance and its importance for customer engagement. Accepting crypto offers benefits such as reduced chargeback risks and increased transaction speed, aligning with wider trends in the industry.

Nextech AR Solutions Corp (OTCQB: NEXCF) announced that CEO Evan Gappelberg has purchased 72,656 shares in the open market, increasing his ownership to 10,049,279 shares. The average purchase price was $1.10 USD per share. Additionally, senior management bought a total of 37,000 shares, including CFO Andrew Chan, who purchased 17,000 shares between $1.29 CAD and $1.54 CAD. Gappelberg expressed optimism about the Metaverse's growth and Nextech's innovative AR products. The company also settled an earn-out payment for the Map Dynamics acquisition with 193,789 shares at $1.57 CAD each.

NexTech AR Solutions Corp. has launched ARitize 3D, a self-service software-as-a-service (SaaS) platform designed for 3D-augmented reality model creation. CEO Evan Gappelberg explained in a recent interview that the platform offers a low monthly hosting fee and no model creation costs, aiming for scalability, affordability, and ease of use. This makes it a pioneering solution in the AR industry, allowing users to create models in just three steps without needing managed services.

Nextech AR Solutions has launched its ARitize 3D self-serve SaaS platform, enabling customers to create 3D/AR models from 2D images.

This innovative service aims to expand its reach by offering affordable monthly hosting fees and zero model creation costs, making AR accessible to various ecommerce businesses.

With integration planned for major platforms like Shopify and WooCommerce, Nextech anticipates a significant revenue boost from the expected rise in monthly recurring revenue (MRR).

Nextech AR Solutions Corp (OTCQB: NEXCF) has appointed Jeff Dawley to its Board of Directors as Chair of the Audit Committee. Dawley, a Chartered Professional Accountant with extensive experience in financial services and compliance, aims to support Nextech during its growth phase in the augmented reality sector. CEO Evan Gappelberg expressed confidence in Dawley's leadership, highlighting his tech experience as critical for the company's transition into the Metaverse. This strategic move may enhance Nextech's governance and operational oversight.

Nextech AR Solutions (CSE:NTAR)(OTCQB:NEXCF) has integrated an upgraded 3D metaverse into its events platform, ARitize Events 3D. This advancement allows for the display of 3D products, aiming to drive revenue growth in 2022 and beyond. CEO Evan Gappelberg discussed these developments in a recent interview. The announcement was made in conjunction with a release from Opawica (TSXV:OPW), which identified 14 drill targets on its Bazooka Property in Quebec, facilitating future exploration. This information was brought to investors through The Power Play by The Market Herald.

Nextech AR Solutions (OTCQB: NEXCF) has launched the upgraded ARitize Events 3D platform, enhancing its virtual events offerings. This platform integrates 3D product displays with existing augmented reality solutions, targeting various applications such as education and e-commerce. The company aims to drive revenue growth in 2022 through this innovative service, which has already hosted prominent clients like Amazon and Harvard. Key features include brandable 3D virtual sets and AR showrooms tailored for vendors, providing an interactive experience absent on traditional platforms.

Nextech AR Solutions Corp rebrands itself as a Metaverse Company and introduces the new term “ARitize” for its suite of augmented reality products. This strategic move aims to align with industry leaders who recognize the Metaverse as the future of technology. The ARitize Metaverse Studio is central to this initiative, providing a comprehensive platform for managing 3D assets and creating augmented reality experiences.

Nextech emphasizes that the rebranding reflects its growth and intent to lead in the emerging Metaverse economy.