ARway.ai (ARWY.C) 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. “Augmented Reality way,” is more than a technology – it’s a new way of thinking about navigation and experience. This innovative system combines the traditional signage that we are used to with augmented reality to create a more immersive and intuitive wayfinding experience.
ARway takes traditional wayfinding to a whole new level by adding augmented reality. Instead of just pointing you to your endpoint, ARway guides you through an immersive experience, showing you various points of interest along the way. It’s like having a personal tour guide in your pocket, directing you through a space in a way that enhances your overall experience. Their no-code, no-beacon system enables easy creation of digital navigation and AR experiences across devices walking users through a facility using directions on their phone or AR future headset. Ideal for creators and brands, it features a web studio, SDK, and mobile app.
Today, the Company announced new strategic international partnerships, which will propel ARway’s reach further into the indoor navigation industry and towards profitability. These partners represent a significant growth opportunity for the Company.
AI Africa, a digital agency and marketing company, specializing in retail and event organization has partnered with ARway to provide indoor navigation services to its clients. Their large portfolio of clients is varied. It includes a prominent social media company with a staggering monthly engagement of 5 million followers; the leading events company in South Africa, orchestrating a remarkable 70 events per year with the collaboration poised to elevate AI Africa’s presence in the events industry, offering unparalleled opportunities for innovation and growth; a prominent local tourism department and a distinguished property management company that owns and manages 17 malls and shopping centers.
Vraxa, one of the top international production houses specialized in 360 videos and AR/VR/XR solutions using the latest technology has partnered with ARway. They are an agency with a multitude of clients in retail, media, hospitals and more, representing a variety of use cases for ARway’s technology.
Brink Interactive is an agency that is distinguished by seasoned practitioners across branding, customer experience, marketing technology, strategy, and account services. Similar to VRAXA, they have a number of clients in various industries, representing a variety of use cases for ARway’s technology. Brink Interactive has clients in retail, automotive, telecom, real estate and more.
These partners represent significant potential for ARway business, and follow the recent newly signed contract with Süleyman Demirel Üniversitesi situated in Isparta, Turkey. The university currently has approx 70,000 students enrolled, making it the second-largest academic institution in Turkey. This new contract has two phases with phase one starting at around $10,000 and phase two worth six figures annually.
This contract comes shortly after the recent announcements that ARway.ai has signed a multi-year contract with Localiza, the largest car rental network in South America, to deliver a differentiated customer experience through newly established rental hubs at all major airports in Latin America, including AR navigation from baggage pickup to the transport depot, which includes car rentals, bus stops, Uber, etc., and a phased rollout with one of the largest shopping malls in California.
The stock is displaying an interesting technical pattern. A triangle pattern has formed with the stock holding the support line at the psychological $0.50 zone. The stock price is coiling and is due to breakout in one direction. Bulls want to see a close above the $0.63 price level. This close should have a strong green candle and be accompanied by larger than normal volume.
But instead, the stock broke below $0.50 and has printed new all time record lows at $0.39. This occurred after the stock pulled back to retest the broken $0.50 zone. The sellers are showing that they have control due to the failure of bulls to regain $0.50 on the recent retest. To reverse downside momentum, the stock will need to regain the $0.50 zone.
