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.
Nextech3D.ai subsidiary ARway sees revenue soar after Map D integration - ICYMI
Nextech3D.ai CEO Evan Gappelberg talked with Proactive about a significant revenue milestone achieved through the integration of ARway and Map Dynamics. The company has reported a 257% surge in revenue, generating over $450,000 in just seven months at a remarkable 95% profit margin.
Nextech3D.AI sees ARway revenue surge following Map D integration
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced that its subsidiary ARway has generated $450,000 in unaudited revenue for the seven-month period ending March 31, 2025, up 257% from the previous audited financial year. The company, which specializes in AI-powered 3D modeling, also saw its gross margins improve to 95% from 90%, amounting to $427,000 in gross profits over the period.
Nextech3D.AI reports revenue growth at ARway following Map Dynamics acquisition
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) said its subsidiary ARway posted a 194% increase in unaudited revenue and a 5% rise in gross margin in the six months following its acquisition of Map Dynamics in June 2024. The company attributed the revenue surge to the successful integration of Map Dynamics' technology and services, which expanded ARway's product offerings and market reach in 3D mapping, spatial computing, and augmented reality (AR) navigation.
ARway Launches Suite of AI-Driven Innovations Introduces AI Agents and Event Navigation Tools As It Positions for Growth in 2025
Lauch of New AI tools Positioning Company For Rapid Growth in 2025 TORONTO, ON / ACCESSWIRE / January 15, 2025 / ARway.ai ("ARway" or the "Company") (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65), a leading innovator in augmented reality navigation (AR) and AI-powered event solutions, is pushing further into the events industry with the introduction of AI-driven tools and strategic growth initiatives. ARway continues to drive its mission of enhancing attendee engagement and streamlining event management through advanced AI technology.
ARway.ai Issues Stock Options
TORONTO, ON / ACCESSWIRE / January 10, 2025 / ARway.ai ("ARway" or the "Company") (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) is an AI powered Augmented Reality Experience platform with a disruptive no-code, no beacon spatial computing solution enabled by visual marker tracking with centimeter precision announces the issuance of stock options. ARway.ai issued Peter Bloch, a successful entrepreneur and new BOD member 50,000 2-year stock options exercisable at .055/share.
ARway.ai Announces Board Member Changes
TORONTO, ON / ACCESSWIRE / December 9, 2024 / ARway.ai ("ARway" or the "Company") (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) is an AI powered Augmented Reality Experience platform with a disruptive no-code, no beacon spatial computing solution enabled by visual marker tracking with centimeter precision announces the departure of Board member Belinda Tyldesley for personal reasons. We thank her for her service!
ARway.ai Appoints New Independent Auditor, Davidson & Company LLP
TORONTO, ON / ACCESSWIRE / August 23, 2024 / ARway.ai ("ARway" or the "Company") (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) is an AI powered Augmented Reality Experience platform with a disruptive no-code, no beacon spatial computing solution enabled by visual marker tracking with centimeter precision today announced that at the Company's request Davidson & Company LLP ("Davidson") has been appointed as the Company's new independent auditor effective immediately. Davidson's retention follows the resignation of the former auditor, Saturna Group Chartered Professional Accountants, at the Company's request.
ARway.ai closes acquisition of Map Dynamics
ARway.ai (CSE:ARWY, OTCQB:ARWYF) announced it has closed its all-stock acquisition of Map Dynamics (MapD), a real-world mapping software company wholly owned by Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF). The provider of augmented reality experiences for indoor spaces said the acquisition combines two interactive mapping platforms and is expected to fast-track its product development roadmap and add new revenue channels and growth opportunities.
ARway.ai to enhance product offering, increase revenue through Map Dynamics acquisition
ARway.ai (CSE:ARWY, OTCQB:ARWYF) announced it will acquire real-world mapping software firm Map Dynamics (MapD) in an all-share transaction. It is acquiring the company for 4 million shares valued at more than $1 million based on Friday's closing price of $0.26 per share.
