Nextech3D AI Stock Price, News & Analysis

Nextech AR Solutions Corp (OTCQB: NEXCF) has partnered with SHOPLINE, Asia's largest smart commerce platform, to integrate its 3D modeling app, ARitize 3D, into the e-commerce service. This partnership allows SHOPLINE's extensive merchant base to create 3D/AR models easily, enhancing e-commerce experiences.

The collaboration marks a significant expansion opportunity for Nextech in the Asian market, supporting a user-friendly, self-serve model that offers competitive advantages in online retail.

Nextech AR Solutions Corp (OTCQB: NEXCF) has announced a significant expansion of its ecommerce collaboration with Kmart Australia, adding 500 new homeware 3D/AR models to their offerings. This multi-year contract, following a successful proof of concept, includes exclusive early access for Kmart to Google's 3D AR search program, enhancing visibility in organic search results. CEO Evan Gappelberg emphasized the contract's validation of their AR solutions, aiming to improve customer experiences and sales while reducing returns.

Nextech AR Solutions Corp (OTCQB: NEXCF) has launched its beta metaverse app, ARitize Maps, positioning itself as a leader in augmented reality and metaverse technologies. This app serves as an all-in-one creation studio, allowing users to spatially map locations and enrich them with interactive 3D objects. Initially available for free, it offers unlimited maps for the first month but will later include in-app purchases. CEO Evan Gappelberg highlights the growing global interest in 3D and metaverse solutions, aiming to capitalize on this digital transformation.

Nextech AR (CSE:NTAR)(OTCQB:NEXCF) has reached a significant milestone by signing a partnership agreement with DesignerInc, a B2B platform with over 1,500 furniture manufacturers. This deal includes an initial order that promises a substantial monthly recurring revenue (MRR) opportunity for Nextech as it integrates its ARitize CAD solution and ARitize Decorator virtual showroom within DesignerInc's network. CEO Evan Gappelberg discussed the transformative potential of this partnership.

Nextech AR Solutions Corp (OTCQB: NEXCF) has announced a partnership with DesignerInc, tapping into their network of over 1,500 furniture manufacturers. This deal will utilize Nextech's ARitize CAD solution to create 3D models from CAD files, offering a significant opportunity for monthly recurring revenue. The partnership aims to enhance the B2B interior design industry by providing 3D visualizations and virtual showrooms. CEO Evan Gappelberg highlighted the growing global demand for 3D/AR models, positioning Nextech to become a major player in the 3D modeling market.

Nextech AR has launched the ARitize 3D Shopify app, enabling Shopify merchants to create 3D models with one-click integration. This extension of their SaaS offering enhances the ecommerce capabilities for users, as discussed by CEO Evan Gappelberg in an interview. The launch signifies a new milestone in Nextech's growth strategy, promoting 3D technology in the retail space.

The release is part of broader investor insights by The Power Play by The Market Herald, which features discussions with executives to analyze recent developments and their implications for the stock market.

Nextech AR Solutions Corp (OTCQB: NEXCF) announces the launch of its Shopify App, ARitize 3D, allowing Shopify merchants to easily create 3D models. This self-serve platform significantly lowers costs with zero model creation fees and a low monthly hosting fee, enabling seamless integration for ecommerce. The app is part of a broader strategy to expand into major ecommerce platforms, including WooCommerce and Magento, thus meeting the rising demand for 3D/AR solutions in ecommerce. Nextech aims to enhance online shopping through immersive AR experiences, improving conversion rates and reducing returns.

Nextech AR (CSE:NTAR)(OTCQB:NEXCF) has finalized its private placement and joined the Khronos Group as a contributor member. This consortium focuses on creating advanced standards in 3D, Augmented Reality (AR), Virtual Reality (VR), and Metaverse technologies. CEO Evan Gappelberg discussed the implications of this development, which supports Nextech's growth in the AR industry and enhances its position within the tech community.

Nextech AR Solutions Corp (OTCQB: NEXCF) has successfully completed a private placement, securing approximately CAD $10 million from an institutional investor. The Company issued 8,130,082 common shares and warrants at a price of CAD $1.23 per share. Each warrant allows for the purchase of one share at CAD $1.54 over three years. The funds will be utilized for working capital and corporate purposes. A cash commission of CAD $800,000.07 was paid to H.C. Wainwright & Co., the placement agent.