TORONTO, O.N, Canada – October 11, 2023 - Nextech3D.AI(OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased provide an update to the Company’s investors on its four business units. As a diversified technology Company, each of its businesses ARitize3D, MapD, Toggle3D.ai, ARway.ai delivers a solution powered by proprietary AI, 3D, AR, and ML.
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Company Continues to See A Rapid Sign Up New Users
Toggle3D Gaining Traction in $160 Billion Global CAD-3D, Sees Adoption Accelerating in 2023
Toggle3D is a SaaS Web based Studio Uses AI to Turn CAD files into Web3D Models at Scale, Disrupting the $11 Billion CAD Market
TORONTO, O.N, Canada – January 26, 2023 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce the launch of a major upgrade to its AI powered SaaS platform, Toggle3D, that enables the creation, design, configuration and deployment of 3D models at scale, using CAD files. In addition to the new modern look and design, the Company has launched an AI generated Physics Based Rendering (PBR) material creation tool which now allows for the scale of photorealistic materials. The Company believes that this new AI technology will accelerate signups for the platform.
TORONTO, O.N, Canada – DECEMBER 13, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services today announced that the Company will present at the Emerging Growth Investor Conference on December 14, 2022.
Nextech AR Solutions invites individual and institutional investors, as well as advisors and analysts, to attend CEO Evan Gappelberg’s real-time, interactive presentation, showcasing Nextech’s 3D modelling and AR wayfinding technologies. Using breakthrough AI, Nextech AR is able to quickly, easily, and affordably create vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the Metaverse.
TORONTO, O.N, Canada – Sept 22, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce it has launched its groundbreaking Toggle3D, a new AI powered SaaS platform that enables the creation, design, configuration and deployment of 3D models at scale. The Company sees this launch as a major milestone on its way to becoming the dominant 3D model platform and looks forward to Toggle3D becoming a new high margin engine of growth.
To experience the beta platform and try the technology, please visit the Toggle3D website - click here
VANCOUVER, B.C., Canada – February 1, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce it has received an initial order and signed a partnership agreement with B2B technology platform and marketplace DesignerInc. The deal will leverage Nextech’s ARitize CAD 3D modeling solution for furniture manufacturers, creating 3D models at scale from CAD files. This B2B partnership represents a substantial MRR (monthly recurring revenue) opportunity for Nextech as it leverages its ground-breaking ARitize CAD solution and virtual showroom ARitize Decorator to DesignerInc’s network of over 1,500 furniture manufacturers, representing a potential demand for hundreds of thousands of 3D models.
VANCOUVER, B.C., Canada – January 6, 2022 - Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the signing of multiple CAD to POLY deals across a variety of industries including Jacuzzi Brands LLC and Ford Motor Company (NYSE: F). With this announcement the Company is validating its proprietary CAD-Poly 3D modelling technology called ARitize CAD. The Company believes that it’s CAD- Poly technology is a game changer for the manufacturing industry, as they now have a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale.
ARitize CAD is Nextech’s patent pending technology, enabling the conversion of CAD files into 3D AR models at scale at a price and quality that it believes is best in class. CAD is a function of product engineering. Industrial designers, working for product manufacturers, use CAD software like AutoCAD, and SolidWorks to design many of the products in the modern world. Now, using ARitize CAD, those files can be converted to 3D/AR models with the creation of photo realistic, fully textured 3D models from raw CAD models and reference images. This technology creates optimized 3D meshes that are suitable for 3D and AR applications.
To learn more, please read: Turning 3D CAD Designs into CGI Ready 3D Models Automatically.
The use of CAD files is ubiquitous across manufacturing verticals including; automotive, aerospace, industrial machinery, civil and construction, electrical & electronics, pharmaceutical, healthcare, consumer goods and others. According to BIS Research, the CAD market, quantified by the amount spent on the creation of CAD files, is $11 billion dollars by 2023.
With the mass adoption of 3D models underway, Nextech is seeing a variety of companies from different industries that are implementing its ARitize CAD technology to create a large number of 3D/AR models at scale. This is evidenced through Nextech’s recent customer wins. These companies are highlighting their products in a new way, using technology to increase engagement in the emerging metaverse, and ultimately drive more sales.
ARitize CAD was only recently launched and has already signed notable customers including; Collingwood Lighting Ltd a lighting manufacturer, Jacuzzi Brands LLC, through its subsidiaries, is a global manufacturer and distributor of branded baths, hot tubs, pools, saunas and Ford Motor Company (NYSE: F) an American multinational automobile manufacturer - The two FORD models that have been created are the 2021 Ford Mustang Mache-E, and the 2021 Ford Escape SE Plug-in Hybrid.
See video below
