InvestmentPitch Media Video Discusses ARway’s License of its Augmented Reality Spatial Computing Navigation Platform for Minimum of $500,000 Annually with Plans to Disrupt $50 billion Exhibition Industry
ARway (CSE:ARWY) (OTCQB:ARWYF) has announced a groundbreaking partnership with Map D, an event technology company owned by Nextech3D.ai. Under the agreement, Map D will license ARway's spatial computing navigation platform for a minimum of $500,000 annually, with an additional 10% royalty if sales exceed this amount.
This partnership aims to disrupt the $50 billion exhibition industry by integrating ARway's augmented reality indoor navigation system into Map D's event solutions. The collaboration is expected to revolutionize trade show experiences and position both companies at the forefront of event technology innovation.
The global exhibition market is projected to grow at a CAGR of over 3% during 2019-2025, with the US being the largest market. ARway's shares, which began trading in November, are currently priced at $0.67.
ARway (CSE:ARWY) (OTCQB:ARWYF) ha annunciato una partnership innovativa con Map D, un'azienda di tecnologia per eventi di proprietà di Nextech3D.ai. In base all'accordo, Map D licenserà la piattaforma di navigazione in computing spaziale di ARway per un minimo di $500.000 all'anno, con un ulteriore 10% di royalty se le vendite superano questa cifra.
Questa collaborazione mira a rivoluzionare l'industria delle esposizioni da $50 miliardi integrando il sistema di navigazione indoor in realtà aumentata di ARway nelle soluzioni per eventi di Map D. Si prevede che la collaborazione rivoluzionerà le esperienze nei trade show e posizionerà entrambe le aziende all'avanguardia dell'innovazione nella tecnologia per eventi.
Si prevede che il mercato globale delle esposizioni crescerà a un CAGR di oltre il 3% durante il periodo 2019-2025, con gli Stati Uniti che rappresentano il mercato più grande. Le azioni di ARway, che hanno iniziato a essere scambiate a novembre, sono attualmente quotate a $0,67.
ARway (CSE:ARWY) (OTCQB:ARWYF) ha anunciado una asociación innovadora con Map D, una empresa de tecnología para eventos propiedad de Nextech3D.ai. Según el acuerdo, Map D licenciará la plataforma de navegación en computación espacial de ARway por un mínimo de $500,000 anuales, con un 10% adicional en regalías si las ventas superan esta cantidad.
Esta asociación tiene como objetivo revolucionar la industria de exposiciones de $50 mil millones integrando el sistema de navegación interior de realidad aumentada de ARway en las soluciones de eventos de Map D. Se espera que la colaboración transforme las experiencias en ferias comerciales y coloque a ambas empresas a la vanguardia de la innovación en tecnología de eventos.
Se prevé que el mercado global de exposiciones crecerá a una tasa compuesta anual (CAGR) de más del 3% durante 2019-2025, siendo EE. UU. el mercado más grande. Las acciones de ARway, que comenzaron a cotizar en noviembre, tienen un precio actual de $0,67.
ARway (CSE:ARWY) (OTCQB:ARWYF)는 Nextech3D.ai 소유의 이벤트 기술 회사인 Map D와 획기적인 파트너십을 발표했습니다. 이번 계약에 따라 Map D는 ARway의 공간 컴퓨팅 내비게이션 플랫폼을 라이선스합니다, 연간 최소 50만 달러에, 판매가 이 금액을 초과할 경우 추가적으로 10%의 로열티를 받습니다.
이 파트너십은 500억 달러 규모의 전시 산업을 혁신하는 것을 목표로 합니다, ARway의 증강 현실 실내 내비게이션 시스템을 Map D의 이벤트 솔루션에 통합합니다. 이 협업은 무역 박람회 경험을 혁신하고 양 사를 이벤트 기술 혁신의 최전선에 위치시킬 것으로 예상됩니다.
전 세계 전시 시장은 2019년부터 2025년 사이 연평균 3% 이상의 성장률을 기록할 것으로 전망되며, 미국이 가장 큰 시장입니다. 11월에 거래를 시작한 ARway의 주가는 현재 0.67달러입니다.
ARway (CSE:ARWY) (OTCQB:ARWYF) a annoncé un partenariat révolutionnaire avec Map D, une entreprise de technologie événementielle appartenant à Nextech3D.ai. Dans le cadre de l'accord, Map D accordera une licence pour la plateforme de navigation en informatique spatiale d'ARway pour un minimum de 500 000 $ par an, avec une redevance supplémentaire de 10% si les ventes dépassent ce montant.
Ce partenariat vise à révolutionner l'industrie des expositions de 50 milliards de dollars en intégrant le système de navigation intérieure en réalité augmentée d'ARway dans les solutions événementielles de Map D. La collaboration devrait transformer les expériences lors des salons professionnels et positionner les deux entreprises à l'avant-garde de l'innovation technologique pour événements.
Le marché mondial des expositions devrait croître à un taux de croissance annuel composé (CAGR) de plus de 3% entre 2019 et 2025, les États-Unis étant le plus grand marché. Les actions d'ARway, qui ont commencé à se négocier en novembre, sont actuellement cotées à 0,67 $.
ARway (CSE:ARWY) (OTCQB:ARWYF) hat eine bahnbrechende Partnerschaft mit Map D, einem Event-Technologieunternehmen von Nextech3D.ai, bekannt gegeben. Im Rahmen der Vereinbarung wird Map D die räumliche Navigationsplattform von ARway lizenzieren für mindestens 500.000 $ jährlich, mit zusätzlichen 10% Lizenzgebühren, wenn die Verkäufe diesen Betrag übersteigen.
Diese Partnerschaft zielt darauf ab, die 50 Milliarden Dollar schwere Messeindustrie zu revolutionieren, indem das Augmented Reality Innen-Navigationssystem von ARway in die Event-Lösungen von Map D integriert wird. Es wird erwartet, dass die Zusammenarbeit die Erfahrungen auf Messen revolutioniert und beide Unternehmen an die Spitze der Innovation im Event-Technologiebereich stellt.
Der globale Ausstellungsmarkt wird voraussichtlich von 2019 bis 2025 mit einer jährlichen Wachstumsrate (CAGR) von über 3% wachsen, wobei die USA der größte Markt sind. Die Aktien von ARway, die im November den Handel aufgenommen haben, werden derzeit zu einem Preis von 0,67 $ gehandelt.
- Secured a minimum $500,000 annual licensing deal with Map D
- Potential for additional 10% royalty on sales exceeding $500,000
- Partnership aims to disrupt the $50 billion exhibition industry
- Integration of ARway's AR navigation system into Map D's event solutions
- None.
VANCOUVER, British Columbia, July 21, 2023 (GLOBE NEWSWIRE) -- ARway Corporation (CSE:ARWY) (OTCQB:ARWYF) (FSE:E65), the leading provider of an innovative Augmented Reality Experience platform, announced a groundbreaking partnership with Map D, a well-established event technology company. Map D, a 13-year old event technology company wholly owned by Nextech3D.ai. (OTCQX:NEXCF) (CSE:NTAR), specializes in providing innovative solutions that enhance attendee and exhibitor experiences.
A Media Snippet accompanying this announcement is available by selecting the image or link below:
For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company, along with video comments from Evan Gappelberg, CEO. The video is available for viewing on “InvestmentPitch” and on “YouTube”. If these links are not enabled, please visit www.InvestmentPitch.com and enter “ARway” in the search box.
Under Map D’s contract to license ARway’s spatial computing navigation platform, ARway is guaranteed a minimum of
Through this strategic partnership, Map Dynamics aims to disrupt the trade show industry through the introduction of ARway's cutting-edge augmented reality indoor navigation system. This momentous partnership sets the stage for a new era in the trade show industry, where augmented reality navigation becomes an integral part of the event experience. It is expected the synergy of these two industry leaders will drive innovation, foster growth, and position both companies at the forefront of the evolving event technology landscape.
Michael Candela, Map D's Senior VP, Strategic Markets, stated: "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!"
ReportLinker reports that the global exhibition market size is expected to reach over
The shares, which began trading in November, are trading at
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