ARway.ai Secures $500,000 Annual License Agreement for Its Augmented Reality Spatial Computing Navigation Platform
ARway.ai, a leading provider of innovative Augmented Reality Experience platforms, has announced a groundbreaking partnership with Map D, an event technology company owned by Nextech3D.ai. This collaboration aims to revolutionize the $50 billion trade show industry by introducing ARway's augmented reality indoor navigation system.
The partnership involves a $500,000 annual license agreement, with ARway receiving monthly payments of $41,666 for 12 months. If sales exceed $500,000 within any 12-month period, ARway will receive a 10% royalty. ARway's technology uses AI and spatial computing to create a no-code, no-beacon solution with visual marker tracking for centimeter precision, enabling seamless AR experiences in trade show navigation.
Map D, which works with top companies and trade shows in the industry, sees this collaboration as a first-mover advantage to transform the trade show experience for attendees and exhibitors.
ARway.ai, un fornitore leader di piattaforme innovative per esperienze di realtà aumentata, ha annunciato una partnership rivoluzionaria con Map D, un'azienda tecnologica per eventi di proprietà di Nextech3D.ai. Questa collaborazione mira a rivoluzionare l'industria delle fiere commerciali da 50 miliardi di dollari introducendo il sistema di navigazione interna in realtà aumentata di ARway.
La partnership prevede un accordo di licenza annuale di 500.000 dollari, con pagamenti mensili di 41.666 dollari per 12 mesi. Se le vendite superano i 500.000 dollari in un qualsiasi periodo di 12 mesi, ARway riceverà una royalty del 10%. La tecnologia di ARway utilizza IA e calcolo spaziale per creare una soluzione senza codice e senza beacon con tracciamento di marcatori visivi per una precisione al centimetro, consentendo esperienze AR senza soluzione di continuità nella navigazione delle fiere.
Map D, che collabora con le principali aziende e fiere del settore, considera questa collaborazione come un vantaggio da primo operatore per trasformare l'esperienza delle fiere per partecipanti ed espositori.
ARway.ai, un proveedor líder de plataformas innovadoras para experiencias de Realidad Aumentada, ha anunciado una asociación revolucionaria con Map D, una compañía de tecnología de eventos propiedad de Nextech3D.ai. Esta colaboración busca revolucionar la industria de ferias comerciales de 50 mil millones de dólares mediante la introducción del sistema de navegación interior en realidad aumentada de ARway.
La asociación incluye un acuerdo de licencia anual de $500,000, con pagos mensuales de $41,666 durante 12 meses. Si las ventas superan los $500,000 en cualquier periodo de 12 meses, ARway recibirá una regalía del 10%. La tecnología de ARway utiliza IA y computación espacial para crear una solución sin código y sin beacons con seguimiento de marcadores visuales para una precisión de centímetros, lo que permite experiencias de AR sin problemas en la navegación de ferias.
Map D, que trabaja con las principales empresas y ferias del sector, ve esta colaboración como una ventaja de primer movimiento para transformar la experiencia de las ferias para asistentes y expositores.
ARway.ai는 혁신적인 증강 현실 경험 플랫폼의 선두 제공업체로서 Nextech3D.ai가 소유한 이벤트 기술 회사 Map D와 혁신적인 파트너십을 발표했습니다. 이 협업은 ARway의 실내 증강 현실 내비게이션 시스템을 도입하여 500억 달러 규모의 무역 박람회 산업을 혁신하는 것을 목표로 하고 있습니다.
이 파트너십에는 연간 50만 달러 라이선스 계약이 포함되어 있으며, ARway는 12개월 동안 매달 41,666달러의 지급을 받습니다. 12개월 간 판매가 50만 달러를 초과하면 ARway는 10%의 로열티를 받게 됩니다. ARway의 기술은 AI와 공간 컴퓨팅을 사용하여 코드와 비콘 없이 시각적 마커 추적으로 센티미터 단위의 정밀도를 제공하는 솔루션을 만들어 무역박람회 내비게이션에서 원활한 AR 경험을 가능하게 합니다.
Map D는 업계 최고의 회사 및 무역 박람회와 협력하여 이 협업을 참석자와 전시자를 위한 무역 박람회 경험을 혁신할 선점 효과로 보고 있습니다.
ARway.ai, un fournisseur de premier plan de plateformes innovantes pour des expériences de réalité augmentée, a annoncé un partenariat révolutionnaire avec Map D, une entreprise de technologie événementielle appartenant à Nextech3D.ai. Cette collaboration vise à révolutionner l'industrie des salons professionnels de 50 milliards de dollars en introduisant le système de navigation intérieure en réalité augmentée d'ARway.
Le partenariat comprend un accord de licence annuel de 500 000 dollars, ARway recevant des paiements mensuels de 41 666 dollars pendant 12 mois. Si les ventes dépassent 500 000 dollars au cours de toute période de 12 mois, ARway recevra une redevance de 10 %. La technologie d'ARway utilise IA et calcul spatial pour créer une solution sans code et sans balise avec suivi de marqueurs visuels pour une précision au centimètre, permettant des expériences AR fluides dans la navigation des salons.
Map D, qui travaille avec les grandes entreprises et salons du secteur, voit cette collaboration comme un avantage de premier acteur pour transformer l'expérience des salons pour les participants et les exposants.
ARway.ai, ein führender Anbieter innovativer Plattformen für erweiterte Realitätserfahrungen, hat eine bahnbrechende Partnerschaft mit Map D bekannt gegeben, einem Eventtechnologieunternehmen im Besitz von Nextech3D.ai. Diese Zusammenarbeit hat das Ziel, die 50 Milliarden Dollar schwere Messebranche zu revolutionieren, indem das innere Navigationssystem für erweiterte Realität von ARway eingeführt wird.
Die Partnerschaft umfasst eine jährliche Lizenzvereinbarung über 500.000 Dollar, wobei ARway monatliche Zahlungen von 41.666 Dollar über einen Zeitraum von 12 Monaten erhält. Wenn die Verkaufszahlen in einem Zeitraum von 12 Monaten 500.000 Dollar übersteigen, erhält ARway eine Lizenzgebühr von 10%. Die Technologie von ARway nutzt KI und räumliches Rechnen, um eine Code-freie, beacon-freie Lösung mit visueller Marker-Verfolgung für eine Präzision im Zentimeterbereich zu schaffen, was nahtlose AR-Erlebnisse in der Navigation von Messen ermöglicht.
Map D, das mit den führenden Unternehmen und Messen der Branche zusammenarbeitet, sieht diese Zusammenarbeit als Vorteil als Erstbeweger, um das Messeerlebnis für Teilnehmer und Aussteller zu transformieren.
- Secured a $500,000 annual license agreement with Map D
- Potential for additional 10% royalty if sales exceed $500,000 in a 12-month period
- Partnership targets the lucrative $50 billion trade show industry
- First-mover advantage in introducing AR navigation to trade shows
- Collaboration with an established event technology company (Map D) owned by Nextech3D.ai
- None.
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TORONTO, ON / ACCESSWIRE / July 20, 2023 / ARway.ai ("ARway" or the "Company") (CSE:ARWY)(OTC PINK:ARWYF)(FSE:E65), the leading provider of an innovative Augmented Reality Experience platform, is proud to announce a groundbreaking partnership with Map D, a well-established event technology company wholly owned by Nextech3D.ai (OTCQX: NEXCF / CSE:NTAR). This strategic collaboration aims to disrupt the lucrative trade show industry, valued at
ARway.ai's spatial computing navigation platform leverages advanced AR technology and computer vision algorithms to overlay digital information onto the real world, enhancing navigation capabilities in various environments. Users can simply wear AR-enabled devices, such as smart glasses or use mobile devices, and experience real-time, context-aware navigation instructions overlaid onto their surroundings.
By leveraging the power of AI and spatial computing, ARway has developed a revolutionary no-code, no-beacon solution that employs visual marker tracking with centimeter precision. This breakthrough technology enables seamless and immersive augmented reality experiences, transforming how trade shows are navigated and experienced.
Map D recognizes the tremendous potential and timing in bringing ARway's augmented reality trade show navigation system to the market. With a first mover advantage, they are poised to revolutionize the industry by providing an unparalleled navigation experience for attendees and exhibitors alike. The collaboration between ARway and Map D promises to reshape the landscape of trade shows, creating enhanced engagement and value for participants.
With a deep understanding of the trade show industry, Map D specializes in providing innovative solutions that enhance attendee and exhibitor experiences. Map D has partnerships and works with some of the top companies, tradeshows and events in the industry.
- Top tradeshows/events with Map D
- NATDA Trailer Show - Music City Center Nashville, Tennessee
- American Distilling Institute - ADI 2023 Craft Spirits Conference & Expo, Las Vegas, Nevada
- Adult Video Network - AVN Adult Entertainment Expo Las Vegas, Nevada
- CannaCon - Multiple shows across the US
- The National Association of Sporting Goods Wholesalers - 2023 NASGW Expo & Annual Meeting
- Top companies MapD partners with
- EventHub
- American Tradeshow Services
- rainfocus
- Tradeshow Logic
- Kellen
- AJJ, Anthony J. Jennetti, Inc.
Map D's SVP Strategic Markets, Michael Candela comments "The fusion of Map D's robust interactive mapping technology with ARway's innovative augmented reality capabilities is not just an upgrade; it's a leap forward that promises to revolutionize the navigation, and advertising experiences at events!"
Under the terms of the license agreement, ARway will receive monthly payments totaling
This momentous partnership between ARway and Map D sets the stage for a new era in the trade show industry, where augmented reality navigation becomes an integral part of the event experience. The synergy of these two industry leaders will undoubtedly drive innovation, foster growth, and position both companies at the forefront of the evolving event technology landscape.
For more information about ARway and its pioneering augmented reality solutions, please visitwww.arway.ai.
About ARway.ai
ARway.ai is a leading provider of an AI-powered Augmented Reality Experience platform. Their disruptive no-code, no-beacon spatial computing solution, enabled by visual marker tracking with centimeter precision, revolutionizes the way people experience augmented reality. By combining cutting-edge technology with seamless integration, ARway empowers businesses and developers to create immersive and interactive AR experiences.
About Map D.
Map D. is a 13-year old event technology company wholly owned by Nextech3D.ai. With a deep understanding of the trade show industry, Map Dynamics specializes in providing innovative solutions that enhance attendee and exhibitor experiences. Through their strategic partnership with ARway, Map Dynamics aims to disrupt the trade show industry by introducing an unprecedented augmented reality navigation system.
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About ARway.ai
ARway.ai (CSE: ARWY) (OTCQB: ARWYF) (FSE: E65) is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) experiences for indoor spaces. ARway's breakthrough no-code no-beacon IPNN allows for the easy creation of navigation, tours, information sharing, notifications, advertising and gamification. ARway works seamlessly as a cross platform solution on iOS/ Android. ARway's technology is optimized for both mobile devices and AR glasses: Apple's Vision Pro, Magic Leap and Microsoft's HoloLens. ARway has unlimited use cases for augmenting physical spaces, making it a valuable tool for creators, brands and companies in various industries. The complete ARway platform includes: the Web Creator Studio, the ARwayKit Software Development Kit (SDK) and a mobile app for iOs and Android.
Nextech 3D.ai
On October 26, 2022, ARway.ai. was spun-out from its parent Company, Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2). Nextech retained a control ownership in ARway.ai. with 13 million shares, or a
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Forward-looking Statements
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. ARway.ai will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
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FAQ
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