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5 min read

Nextech3D.ai Closes Sale of Map Dynamics to ARway.ai

By Nextech3D.ai on May 28, 2024 6:30:00 AM

Nextech3D.ai Announces The Closing of Map Dynamics Sale to ARway.ai To Focus on Patented High-Margin Generative AI-powered 3D Modeling Technology

TORONTO, O.N., Canada – May 28, 2024  Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a frontrunner in generative AI-powered 3D modeling technology for major e-commerce entities such as Amazon, Miele, P&G, Kohls, and Wesfarmers Group's "Bunnings," today announces its has closed its previously announced sale of Map Dynamics to ARway.ai as a strategic pivot towards becoming a specialized AI 3D firm. The company has divested its Map Dynamics business, a non-core floor plan mapping software unit, to ARway (OTCQB: ARWYF / CSE:ARWY), in exchange for $1.2 million or 4 million shares in ARway, entirely in stock. This move streamlines Nextech3D.ai's operations, focusing exclusively on its profitable AI-driven 3D modeling patented technology.

Topics: Map D Map D events AI
5 min read

Nextech3D.ai Sells Map Dynamics to Focus on Patented High-Margin Generative AI-powered 3D Modeling Technology

By Nextech3D.ai on May 21, 2024 6:30:00 AM

TORONTO, O.N., Canada – May 21, 2024  Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a frontrunner in generative AI-powered 3D modeling technology for major e-commerce entities such as Amazon, Miele, P&G, Kohls, and Wesfarmers Group's "Bunnings," today announces its strategic pivot towards becoming a specialized AI 3D firm. The company has divested its Map Dynamics business, a non-core floor plan mapping software unit, to ARway (OTCQB:ARWYF)(CSE:ARWY), in exchange for 4 million shares valued at over $1mill based on Friday's closing price of $0.26/share. This transaction brings Nextech3D.ai's ownership stake in ARway to almost 50% allowing it to share in a substantial amount of ARway's and Map D's upside without having to manage the business itself day to day. This move streamlines Nextech3D.ai's operations, allowing the company to focus exclusively on its high margin-profitable generative AI-powered 3D modeling technology. The closing is expected to happen in the first half of June.

Topics: Map D Map D events AI
6 min read

Nextech3D.ai Launches AI AD Network For Its Event Tech Platform Map D

By Nextech3D.ai on Dec 7, 2023 6:35:00 AM

CEO to Demo Ad Network in Livestream TODAY at 2pm ET

Topics: Map D Map D events
6 min read

Nextech3D.ai Launches Augmented Reality Games In Its New AR Powered Mobile App for Trade Show Organizers

By Nextech3D.ai on Oct 17, 2023 6:30:00 AM

AR Games create sponsorship opportunities, enhance attendee engagement and create memorable moments at events

Topics: Map D ARway Map D events
14 min read

Nextech3D.ai Provides Business Updates On Its Business Units Powered by ​AI, 3D, AR, ​and ML

By Nextech3D.ai on Oct 11, 2023 6:30:00 AM

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.

Topics: ARitize Augmented Reality CAD to POLY 3D Models Map D ARway ARitize 3D 3D/AR Toggle 3D CAD Generative AI AI in eCommerce AI Commerce Map D events AI 3d design technology