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Nextech AR Announces Major Upgrades to Its Real-World Augmented Reality Spatial Computer Platform, “ARway”

TORONTO-(BUSINESS WIRE)-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 the service is pleased to announce that the Company has launched significant improvements to its augmented reality spatial mapping platform, “ARway”, (formerly known as ARitize Maps).

Evan Gappelberg CEO of Nextech commented “Spatial computing is more than Virtual Reality and even Augmented Reality and I believe that is the next big thing. It is the logical next step in the ongoing convergence of the physical and digital worlds. .It does everything possible in virtual-reality and augmented-reality and more.Soon we will be living inside a computer simulation with digitized 3D objects connecting via the cloud. He continues “Magic happens when you can combine all of this with high fidelity spatial mapping to make a computer platform that in our case is ARway. We can even track and control the movements and interactions of objects as people navigate spatially. We are very close when Spatial computing with the help of AI will take human-to-machine and machine-to-machine interactions to a new level of efficiency that will disrupt many industries, and make next trillion dollar opportunity. Major technology companies, including Unity, Epic Games, Microsoft and Amazon, have invested heavily and continue to invest in spatial computing technology.

Platform upgrades and updates include:

  • (i) an upgraded mobile app for iOS and Android devices

  • (ii) code -free capabilities

  • (iii) a Creator Portal (web studio) connected to mobile apps, including third-party and white label apps powered by the ARwayKit SDK.

  • (iv) The Creator Portal is now available to select early adopters

  • (v) a beta software development kit (SDK) is already available to select early adopters

Major adopters who have already registered and co-developed the platform with Nextech AR include:

  • Property Owners In:

    • playgrounds

    • exhibition centers

    • universities

    • hospitals

    • government and public sector

  • Brands In:

    • retail

    • real estate

    • marketing agency

    • consumer goods

ARway is a next-generation spatial computing platform for the real-world metaverse that drives new revenue for properties and brands with out-of-box augmented reality (“AR”) solutions in mapping. ARway’s offering includes a mobile app as well as a code-free web-based creator portal and software development kit (“SDK”) to form the ARway platform. This offer was recently launched to early adopters. Creators can map, author, and publish a variety of metaverse experiences from finding the AR path to multiple AR experiences for exclusive brand -name activations. With the capability for location-specific, interactive and immersive AR content and proximity marketing campaigns, user experiences can be improved, user engagement can be encouraged and brand value can be maximized.

Mobile App

With the ARway mobile app, anyone can spatially map their location in minutes using their smartphone, and fill it with interactive 3D content, augmented reality wayfinding, audio, text, images, and more . Nextech AR provides many pre-loaded 3D objects that creators can use to fill their metaverse. The platform has a Visual Position System (“VPS”) defined by Nextech Mapping and Localization where users can map and deploy a VPS to any location through the platform. There is also occlusion, depth sensing and segmentation. Users can share their metaverse with others, creating a new level of immersive interactivity for social, branding, advertising, gaming and multiple metaverse experiences.

Download the Mobile App

Apple iOS – click here

Google Play Store – click here

Creator Portal

The web-based Creator Portal provides ‘advanced’ authoring capabilities compared to the mobile app, including the ability for creators to upload their own OBJ/GLB files, and create their own 3D objects. Placing content in a large area using only the mobile app requires the user to be physically located in a specific location that cannot be measured. The web studio allows the user to place and insert the author at a distance and scale.

Features of the ARway Creator Portal include:

AR WAY FINDING: There is no code inside spatial navigation with MetaMaps. Brands and creators can now author hyper-accurate augmented reality internal navigation without the need for beacons, wifi, or external hardware.

MORE TO DO: Creators can now collaborate to create metaverse experiences from around the world in real time.

VERSION CONTROL: The option to save map edits and version control, which will allow creators to control which changes to maps are released to the public.

ANALYTICS: Manufacturers can measure the success of their creations against set objectives by analyzing consumption data. In-depth insights of customer behavior and comprehensive location-based analysis are provided for best outcomes.

Early Adoption

The ARway platform has an unlimited number of use cases for adding physical metaverse spaces, covering in -house navigation with AR activations to enhance the visitor experience in large and complex spaces. These include but are not limited to venues, hospitals, airports, shopping malls and retail stores, art galleries and museums, events and tradeshows, universities, public places, sports stadiums, restaurants, recreational properties. rent and land, and so on. With value propositions spanning multiple industries and use cases, ARway is opening up Nextech’s 3D/AR technology solutions to new markets, for personal and professional use by creators, brands, and companies.

Spin Out

ARway is the new official title of the platform (formerly called ARitize Maps). As recently announced, Nextech AR will continue a direct spinout of the ARway platform through a wholly-owned subsidiary of the Company (“Subco”).

Nextech seeks to obtain a direct listing of Subco’s shares on the Canadian Securities Exchange (“CSE”). Nextech shareholders are expected to receive 3,200,000 new spin-out shares of ARway as stock dividend on a pro-rata basis.

Create Your Own Metaverse!

Tutorial – click here

Demo – click here

Masterclass – click here

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About Nextech AR

Nextech AR Solutions is the engine that accelerates the growth of the metaverse. Using breakthrough AI, Nextech AR will be able to quickly, easily and inexpensively ARitize (change) multiple numbers and variations of existing assets to make products, people and places ready for interactive use of 3D, giving creators at every level all the essential tools they need. to build their digital AR vision in the metaverse. Our platform-agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, creating AR experiences, and publish it on the omnichannel. With a full suite of end-to-end AR solutions in 3D Commerce, Education, Events, and Industrial Manufacturing, Nextech AR is in a unique position to meet the needs of the greatest number. world brand and all the contributing metaverse.

Nextech funds the development of AR and metaverse development initiatives through e-Commerce platforms, which now generate the majority of its revenue. Nextech’s e-commerce platforms include (“VCM”), (“IPL”) and (“TruLyfe”). VCM and residential vacuum products, supplies and parts, and small home appliances sold on Amazon. These e-commerce platforms serve as an incubator for the development and testing of Nextech’s leading AR, AI and machine learning applications to power next-generation e-commerce technology.

Statements ahead

The CSE has has not been reviewed and does not accept responsibility for the accuracy or correctness of this release.

Some of the information contained herein may contain “forward-looking information” under Canadian securities legislation. In general, forward-looking information can be identified by using forward-looking terminology such as, “may” or variations of such words and phrases or statements that some action, event or result “occurs”. Forward statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There is no guarantee that such statements will be proved to be accurate, as future events may differ materially from what is expected of such statements. For this reason, readers should not place and undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or information included in the reference herein, except as required by applicable securities laws.

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