Summary
Nextech3D.ai to reacquire ARway in strategic move – ICYMI
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) earlier this week announced its plan to reacquire ARway, a move the company said was a strategic consolidation designed to unify operations, reduce redundancy, and support long-term revenue growth. The company said ARway was originally incubated inside Nextech3D.ai before being spun out to develop independently.
Nextech3D.ai advances event tech platform with plan to fully acquire ARway
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced that it plans to acquire all of the outstanding shares of ARway Corporation, a spatial computing and augmented reality navigation platform, that it does not already own. Nextech currently holds about 15 million shares of ARway, representing roughly 40% of the 37 million shares outstanding, while company management collectively owns another 20%.
Nextech3D.ai's ARway launches hybrid navigation system for web, mobile and kiosks
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced that its spatial computing spinout ARway has launched Interactive Map Navigation, a hybrid navigation feature that enables It combines 2D digital maps with augmented reality (AR) guidance, offering wayfinding across web, mobile, and touchscreen kiosks from a single configuration. The system is aimed at meeting demand for intuitive navigation in large venues such as airports, malls, campuses, and events.
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Arway Corporation Profile
| Software Industry | Information Technology Sector | Evan Gappelberg CEO | OTC PINK Exchange | 04281N104 CUSIP |
| CA Country | 29 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
ARway Corporation is an innovative company based in Toronto, Canada, specializing in the development and operation of intellectual property applications. Established in 2022, ARway Corporation has quickly positioned itself at the forefront of the augmented reality (AR) and Metaverse sectors. The company’s mission is to enrich consumer and brand experiences through the implementation of advanced AR technologies, utilizing no code solutions for Metaverse creation that are accessible and efficient. With a focus on a broad range of industries such as hospitality, real estate, education, healthcare, entertainment, events, retail, and cultural sectors, ARway Corporation aims to revolutionize how businesses and institutions interact with their environments through immersive AR experiences.
Products and Services
- ARway: A mobile application designed as a no code Metaverse creation tool that leverages self-generating AR mapping solutions. This platform allows users, regardless of their technical expertise, to effortlessly create and implement augmented reality environments, bringing a new level of interactivity and engagement to a variety of settings.
- ARwayKit SDK: A comprehensive software development kit (SDK) that provides developers with the tools needed to create and customize advanced AR solutions. This SDK is built to integrate seamlessly with the ARway app, enabling brands and creators to enhance their applications with rich, immersive AR features.
- Creator Portal: An online platform designed for creators to manage their AR content and experiences. This portal simplifies the process of designing, uploading, and monitoring AR environments, making it user-friendly for individuals and organizations to maintain their Metaverse creation.
- Smart Glasses Operated Using Artificial Intelligence: An innovative hardware solution that combines AR technology with AI to offer a hands-free, interactive experience. These smart glasses are developed to provide users with real-time information and augmented reality content, tailored for various applications in industries such as education, healthcare, tourism, and more.
