In an industry steeped with innovation, one company is making waves. Nextech AR Solutions Corp., now known as Nextech3D.ai (NTAR.C), has recently provided a much-anticipated shareholder update, shedding light on its high-growth 3D modeling business, exciting product developments, and successful spin-off ventures.

In a business climate where technology is evolving at breakneck speed, Nextech3D.ai stands tall with a robust suite of commercialized products and standalone ventures. At the forefront of the tech shift towards Artificial Intelligence (AI), 3D modeling, Augmented Reality (AR), and Machine Learning (ML), the company is seizing the momentum driven by big tech giants, leading to an explosion of growth in these markets.

Delivering Record Results with Innovation

The first quarter of 2023 has been phenomenal for Nextech3D.ai. The company reported a staggering 550% year-over-year sales surge and record-breaking revenue from its 3D modeling business. These results are powered by breakthrough generative AI patents, which have facilitated the delivery of 20,000 3D models to Amazon, contributing to a significant 550% year-over-year growth in 3D model revenue.

These financial successes are underpinned by continuous innovation. Nextech3D.ai has a diverse patent portfolio to protect its pioneering technologies, providing a competitive edge and facilitating strategic positioning in a dynamic market.

Promising Spin-Offs: ARway.ai and Toggle3D.ai

Nextech3D.ai’s strategic spin-offs, ARway.ai and Toggle3D.ai, are further testaments to the company’s transformative vision. ARway.ai, 49% owned by Nextech3D.ai, was the first company to spin off. This standalone public company is disrupting the augmented reality wayfinding market with a no-code, no-beacon spatial computing platform enabled by visual marker tracking.

Toggle3D.ai, the second spin-off, is revolutionizing the $160 billion CGI market with its generative AI technology. This software-as-a-service solution converts CAD files, applies 4K texturing, and enables seamless publishing of superior 4K 3D models, serving a wide range of industries.

Both spin-offs, with significant stakes retained by Nextech3D.ai, represent huge potential for the parent company’s growth and expansion.

Nextech Event Solutions: Changing the Game in Event Management

Nextech3D.ai’s own product, the Nextech Event Solutions platform, is also delivering innovative services. With its interactive floor plan, booth sales capabilities, and mobile app, the platform provides powerful tools for tradeshows, festivals, and conferences. The inclusion of the ARway technology further enhances its offering, creating an industry-first augmented reality and artificial intelligence solution for event management.

Spreading the Word with “The Public Company CEO Experience Podcast”

Nextech3D.ai recently launched “The Public Company CEO Experience Podcast,” hosted by Evan Gappelberg, a renowned public company CEO and serial entrepreneur. This podcast offers an insider look into the dynamic life of a public company CEO, trending topics, and business updates on Nextech3D.ai, Toggle3D.ai, and ARway.ai.

A Promising Future Ahead

Nextech3D.ai, through its diversified AR and AI technologies, is successfully crafting 3D experiences for the emerging metaverse. The company’s continuous development of disruptive technologies, coupled with its strategy to spin out commercialized technologies as standalone public companies, is positioning Nextech3D.ai for significant future growth and expansion.