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 (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 (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.
| Software Industry | Information Technology Sector | Evan Gappelberg CEO | XSTU Exchange | CA04336A1049 ISIN |
| CA Country | 29 Employees | - Last Dividend | - Last Split | - IPO Date |
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.