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4 min read

Nextech AR to Present Live April 7th at VirtualInvestorConferences.com

By Nextech3D.ai on Mar 30, 2022 6:32:38 AM

TORONTO, ON., Canada – March 30 - 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 today announced that Evan Gappelberg, CEO will present live at VirtualInvestorConferences.com on Thursday, April 7th.

Nextech AR Solutions invites individual and institutional investors, as well as advisors and analysts, to attend Evan Gappelberg’s real-time, interactive presentation.

DATE: Thursday, April 7, 2022
TIME: 11:30am ET
LINK: https://bit.ly/3qe7F0M

This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com

Recent Company Highlights

Topics: Investor Relations
8 min read

Nextech AR Solutions Corp. Reports Record Audited Year End 2021 Financial Results

By Nextech3D.ai on Mar 22, 2022 4:00:00 PM

  • 2021 Record Revenue of $25.9 million +47% 
  • 2021 Renewable Software Licenses $1.4 million +316%
  • 2021 Gross Profit of $9.8 million


Toronto, ON Canada – March 22, 2022 –
Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the full year and fourth quarter 2021 ending December 31st, 2021.

Subsequently, Nextech will host a conference call to discuss the results today, March 22nd, 2022 at 6:00 P.M. Eastern Time.  Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.

Topics: Investor Relations Earnings Call
4 min read

Nextech AR Solutions Corp. Reports Record Preliminary Fiscal Year 2021 Financial Results

By Nextech3D.ai on Mar 8, 2022 6:35:00 AM

Today March 8th Participation in the Q1 Virtual Investor Summit 

Topics: Investor Relations
4 min read

Nextech AR Announces CAD$10 Million Private Placement with Institutional Investor

By Nextech3D.ai on Jan 21, 2022 6:35:00 AM

VANCOUVER, B.C., Canada – January 21, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, is pleased to announce that it has entered into a securities purchase agreement for a private placement of its common shares (“Common Shares”) and warrants to purchase Common Shares (“Warrants”) with a single institutional investor for gross proceeds of approximately CAD$10 million (the “Private Placement”). Pursuant to the Private Placement, the Company will issue 8,130,082 Common Shares and Warrants to purchase up to an aggregate of 8,130,082 Common Shares at a purchase price of CAD$1.23 per Common Share and associated Warrant. Each Warrant will entitle the holder to purchase one Common Share at an exercise price of CAD$1.54 per Common Share for a period of three years following the issuance date.

Topics: Investor Relations News
2 min read

Nextech AR Announces Auditor Change to Better Align with U.S. Exchange Uplisting Goal

By Nextech3D.ai on Sep 29, 2021 6:45:00 AM

VANCOUVER, B.C., Canada – September 29, 2021 -  Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF; NEO & CSE: NTAR; FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and other services, today announced that at the Company’s request Marcum LLP (“Marcum”) has been appointed as the Company’s new independent auditor effective today, September 29, 2021. Marcum’s retention follows the resignation of Nextech’s former auditor, DMCL LLP (“DMCL”), at the Company’s request.

Topics: Investor Relations
10 min read

Nextech AR Provides Company Update to Shareholders

By Nextech3D.ai on Sep 21, 2021 6:35:00 AM

VANCOUVER, B.C., Canada – September 21, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services is providing an update to shareholders and invites its shareholders to a Proactive Livestream event today at 1pm EST.

Topics: Investor Relations
5 min read

Nextech AR Solutions Positioned To Lead The Metaverse With Today's Closing Of ARWAY Ltd.

By Nextech3D.ai on Aug 26, 2021 6:45:00 AM

Nextech Expands Its Tech Stack with ARWAY's Cloud - 3D Mapping Technology 


VANCOUVER, BC - Canada - August 26th, 2021
Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, is pleased to announce that it has closed the previously announced acquisition of U.K. based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and will hire key founders Baran Korkmaz and Nikhil Sawlani. This acquisition provides Nextech AR with a spatial mapping platform critical to building “mini-metaverses”, which the Company is actively pursuing and believes is a market opportunity as big as the metaverse itself.

Topics: Augmented Reality Investor Relations News
8 min read

Nextech AR Solutions Corp. Reports Second Quarter 2021 Earnings & Conference Call Updated

By Nextech3D.ai on Aug 11, 2021 4:31:06 PM

  VANCOUVER, B.C., Canada - August 11th, 2021 -   NexTech AR Solutions  Corp. (“NexTech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the second quarter 2021 ending June 30 th , 2021. Subsequently, NexTech will host a conference call to discuss the second quarter results on August 12 th , 2021 at 1:00 p.m. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.

Q2 Financial highlights:

  • Revenue for the three months ended June 30th, 2021 is $6.1 million an increase of over 73% compared to the three months ended June 30th, 2020 of $3.5 million.

  • Gross profit for the three months ended June 30th, 2021 is $2.3 million an increase of over 6% compared to the three months ended June 30th, 2020 of $2.2 million.

  • NexTech cash on hand as of June 30th, 2021 is $15.4 million.

  • For the six months ended June 30th, 2021 revenue increased 130% to $13.8 million, compared to the same six months period last year, while gross profit increased 59% to $5.6 million over the same period.

  • On June 25, 2021, the Company acquired 100% of the shares of Threedy.ai Inc, an AI-based end-to-end platform used to produce 3D augmented reality models, accelerating our delivery time to customers.



Topics: Investor Relations Earnings Call
3 min read

Join Nextech AR for a Metaverse Discussion - Featuring CEO Evan Gappelberg During a Proactive Livestream on August 11, 2021

By Nextech3D.ai on Aug 11, 2021 6:30:00 AM

Guest Speaker will be Baran Korkmaz, CEO-Founder of spatial computing company ARway

Vancouver B.C. – August 11, 2021 – Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality (AR) for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to announce that Nextech AR CEO, Evan Gappelberg and ARway CEO-Founder, Baran Korkmaz, will be attending a special Proactive Investors Livestream for a discussion about the Metaverse and Nextech AR’s acquisition of spatial based computing company ARWAY Ltd. This acquisition provides Nextech with a spatial mapping platform critical to building the Metaverse. 
 
Livestream Details 
Date: Wednesday, Aug 11, 2021  
Time: 12:30 PM Eastern Time (US and Canada)  
Topic: Evan Gappelberg and Baran Korkmaz discuss Nextech AR’s acquisition of ARway 
Register here: https://zoom.us/webinar/register/WN_cR37tJ0aTDC_te7R51wjqw 

Topics: Investor Relations Press
4 min read

Nextech AR to Acquire AR Cloud-3D Mapping Company ‘ARway’ Transforming Into A Metaverse Company

By Nextech3D.ai on Aug 10, 2021 7:25:39 AM

Vancouver, B.C., Canada –August 10th, 2021Nextech AR Solutions Corp. (“Nextech”) (OTCQB: NEXCF) (NEO: NTAR) (FSE: N29) is pleased to announce that it has signed a definitive agreement under which Nextech will acquire U.K. based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and hire the key founders Baran Korkmaz and Nikhil Sawlani. This acquisition provides Nextech with a spatial mapping platform critical to building the Metaverse. Through Unity, optimized for Google and Apple, and by using AI to recognize surroundings for hyper-accurate location mapping, ARway provides users an Augmented Reality Software Kit (SDK) to frame the digital world in a few minutes.

Facebook, Epic Games, Microsoft and others have all identified the Metaverse as the future of the internet and computing itself. This acquisition positions Nextech as a first mover in what it’s calling a ‘mini-metaverse’. Evan Gappelberg, CEO of Nextech AR Solutions comments, “We think that the mini-metaverse business use case is here to stay, and the implications for future growth are significant. Nextech's mini-metaverse offering will be available to brands and companies that want to create mini-metaverses based on a geolocation like museums, corporate headquarters, theme parks, sports stadiums, University Campuses and more. We can scan these spaces with ARway’s technology and drop in AR experiences that are triggered based on geolocation, making for a fully immersive Metaverse experience. The mini-metaverse is the first step toward universal mapping, a concept that while not a reality today, is a future inevitability. Nextech's mini-metaverse offering will enable people to experience the multiverse as it increasingly becomes a normal part of everyday life.”

The ARway SDK combines robust mapping technologies for location persistent AR experiences across ARkit, ARcore and Microsoft Azure Spatial Anchors, delivered on cross-platforms Unity today, Unreal, Android Studio or Xcode/Swift soon, to unlock true spatial computing within a single toolkit for iOS, Android and Hololens. ARway has been creating persistence location experiences such as indoor navigation, guided tours, treasure hunts and many more with its No-code platform and has developed an ecosystem with over 1000+ developers, having created 3D maps in over 60 countries, with notable customers such as the British Telecom, Bosch, AirAsia, HCG Hospital, The City of London and the Guildhall School of Music and Drama, Nomtek.

Click below to view the demo video:

Topics: Investor Relations News