Nextech3D.ai (NTAR.C) announces major milestone in the evolution of AR-powered event experiences

Nextech3D.ai (NTAR.C) is a diversified augmented reality, AI technology company that leverages proprietary artificial intelligence (AI) to create 3D experiences for the metaverse. Its main businesses are creating 3D WebAR photorealistic models for the Prime Ecommerce Marketplace as well as many other online retailers. Nextech is a generative AI-powered 3D model supplier for Amazon, Kohls, P&G and other major e-commerce retailers.

Today, the Company announced a major milestone in the evolution of AR-powered event experiences. The Company’s MapD business unit has integrated and launched its indoor navigation capabilities with ARway.ai’s technology, opening up exciting new opportunities for event organizers. This integration sets the stage for events to now monetize the airspace with AR sponsorships and offer 3D /AR mobile games and other immersive experiences for events like never before.

The integration between MapD and ARway.ai introduces a groundbreaking Augmented Reality Powered Event Mobile App. This technology unlocks a new revenue channel for event organizers through AR experiences available exclusively via the event mobile app. Event organizers can enjoy white glove deployment and sponsorship sales services, as well as a first-of-its-kind AR navigation experience at trade shows.

Evan Gappelberg, CEO of Nextech3D.ai/ARway.ai commented, “The MapD integration with ARway.ai is very exciting for the entire event industry. This collaboration represents our commitment to pushing the boundaries of AR technology and delivering innovative solutions. The executive MapD team and I recognize the tremendous potential and timing in bringing ARway’s augmented reality trade show navigation system to the market. With a first mover advantage, we are poised to revolutionize the industry by providing an unparalleled navigation experience for attendees and exhibitors. This is a win-win for both MapD and ARway.ai.”

Key features of the MapD – Augmented Reality Powered Event Mobile App include:

Exclusive AR Experiences: Event attendees will enjoy exclusive AR experiences available only through the event mobile app, setting a new standard for event engagement.
White Glove Deployment: Event organizers will benefit from professional deployment and sponsorship sales services, ensuring a seamless and profitable experience.
First-in-Kind AR Navigation: The app offers unparalleled AR navigation experiences within trade shows, allowing attendees to navigate and explore with ease.
Seamless Integration with MapD Features: Interactive Floor Plans, Exhibitor, Speaker, Sponsor, and Scheduling modules are integrated into a one-stop-shop platform, simplifying event app setup and AR experience publication.
Enhanced Brand Exposure: Exhibitors, sponsors, and advertisers can elevate their presence by positioning their brand within the event space. This opens opportunities to drive visitors to booths and captivate them with AR-enhanced displays such as brochures, videos, hotspots, 3D models, and AR games.

The stock has printed new 52 week lows today hitting $0.20. The stock was ranging showing some selling exhaustion but failed to close above the previous lower high. This is why we wait for confirmations. The downtrend continues and the lower high remains at $0.28.