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About ARway.ai
ARway.ai (CSE:ARWY, OTCQB:ARWYF, FSE:E65) is a cutting-edge spatial computing platform powered by artificial intelligence (AI) that specializes in delivering immersive augmented reality (AR) experiences for indoor spaces. ARway's innovative no-code, no-beacon solution leverages visual marker tracking with centimeter-level precision to enable seamless navigation, tours, information sharing, notifications, advertising, and gamification. Optimized for both mobile devices and AR glasses, including Apple's Vision Pro, Magic Leap, and Microsoft's HoloLens, ARway's technology is a versatile tool for businesses across industries.
Core Technology and Features
ARway's platform consists of three core components:
- Web Creator Studio: An intuitive, no-code interface for creating and managing AR experiences, enabling users to design maps, tours, and interactive content without technical expertise.
- ARwayKit SDK: A software development kit that allows developers to integrate ARway's capabilities into custom applications, providing flexibility and scalability.
- Mobile App: A user-friendly application available on iOS and Android devices, delivering AR experiences directly to end-users.
ARway's platform is hardware-agnostic, making it accessible for a wide range of devices. Its ability to integrate with advanced hardware, such as Apple's Vision Pro, enhances its functionality and expands its application across industries.
Market Applications
ARway's technology addresses the growing demand for AR solutions in various sectors:
- Education: Universities leverage ARway for campus navigation and interactive tours, enhancing student engagement and accessibility.
- Retail and Hospitality: Shopping malls, airports, and hotels use ARway for wayfinding, personalized marketing, and customer engagement.
- Events and Exhibitions: Event organizers utilize ARway's mapping and navigation tools to streamline attendee experiences and optimize venue layouts.
- Corporate Campuses: Companies deploy ARway to improve employee navigation and enhance operational efficiency.
Strategic Partnerships and Acquisitions
ARway has formed strategic alliances to strengthen its market position. Integration with Apple Vision Pro and migration to Amazon Web Services (AWS) have enhanced the platform's scalability, security, and performance. The acquisition of Map Dynamics has expanded ARway's offerings into event management, combining AR navigation with robust content management systems for trade shows and conferences.
Competitive Advantages
ARway stands out in the competitive AR landscape due to its:
- No-Code Accessibility: Simplifies AR content creation, reducing barriers to adoption.
- Hardware-Agnostic Approach: Ensures compatibility across diverse devices, including AR glasses and smartphones.
- Scalable Solutions: Supports large-scale deployments for venues exceeding 1,000,000 square feet.
- AI-Driven Insights: Enhances user experiences through intelligent navigation and data analysis.
Company Background
ARway was spun out from Nextech3D.ai in October 2022, retaining a 50% ownership stake. Nextech3D.ai is a leader in generative AI-powered 3D modeling and AR technologies, providing a strong foundation for ARway's innovations. This relationship underscores ARway's credibility and access to cutting-edge resources.
Future Outlook
With plans to launch AI-driven solutions for the events industry and expand its market reach through aggressive sales and marketing strategies, ARway is poised for significant growth. The company's high-margin business model and focus on innovation position it as a key player in the spatial computing and augmented reality sectors.
ARway Corporation (CSE:ARWY, OTC PINK:ARWYF) has launched its innovative Image Access Point technology, enhancing augmented reality wayfinding through image recognition and tracking. This technology allows users to trigger AR experiences by scanning brand images, significantly diversifying ARway's application from navigation to advertising. The global image recognition market is projected to grow from US$30 billion in 2021 to US$76.5 billion by 2027, indicating substantial revenue opportunities. Additionally, ARway has introduced an upgraded Software Development Kit (SDK), further solidifying its position in the spatial computing market.
ARway Corporation (CSE:ARWY, OTC PINK:ARWYF) is enhancing the $23 billion augmented reality wayfinding market with its no-code, beacon-free platform. The company has secured multiple pilot projects globally across diverse sectors like retail and healthcare, with potential for substantial revenue growth upon conversion to long-term contracts. Noteworthy projects include AR wayfinding in a three-story hospital, multiple airport implementations in Spain and Brazil, and a 400,000 sq ft Dubai Mall pilot. CEO Evan Gappelberg anticipates over 100 pilot programs and claims that successful projects could generate $250,000 monthly or $3 million annually, establishing ARway as a market leader in 2023.
ARway Corporation has launched its AR Wayfinding SDK as a SaaS solution, enhancing its position in the Augmented Reality market. The company reported a cash balance of $1.5 million for Q1 ending November 30, 2022, with revenues of $4,352, leading to a net loss of $371,248. CEO Evan Gappelberg highlighted the successful mapping of a 400,000 sq ft mall and the release of SDK version 2.0 as key milestones. The ARway solution aims to disrupt the $40 billion indoor wayfinding market with a no-capex and no-opex platform, meeting rising demand. For more details, visit www.arway.ai.
ARway Corporation (CSE:ARWY)(OTC PINK:ARWYF) has announced the launch of version 2.0 of its Software Developer Kit (SDK), marking a significant upgrade in its spatial computing platform for AR wayfinding. This upgrade integrates features like persistent localization and dynamic wayfinding, advancing ARway's position in the rapidly growing market. CEO Evan Gappelberg emphasized the SDK's potential to enhance user experience in the metaverse. The platform supports applications in retail, hospitals, and real estate, enabling businesses to improve customer interaction and operational efficiency.
Nextech AR Solutions Corp. (NEXCF, NTAR, EP2) has announced that its common shares are now trading on the OTCQX® Best Market, enhancing visibility to U.S. investors. This upgrade signifies a key milestone as the OTCQX is designed for established companies meeting high financial standards and governance practices. CEO Evan Gappelberg stated this transition positions the company for success in 2023. Additionally, Nextech retains a 50% stake in the augmented reality platform ARway Corp., which operates under the symbols ARWYF and ARWY.
Nextech AR Solutions Corp (NEXCF) has announced the spin-out of its Toggle3D design studio SaaS platform into a wholly-owned subsidiary. Shareholders will receive Toggle3D shares on a pro-rata basis. Following the successful spin-out of ARway on October 26, 2022, Nextech aims to unlock further shareholder value with this new arrangement. Toggle3D, launched in September, allows users to create and publish 3D models without technical expertise, targeting a rapidly growing $11 billion CAD market. Additional details will be released soon.
Nextech AR Solutions Corp (OTCQB: NEXCF), a leader in augmented reality technologies, announced its presentation at the Emerging Growth Investor Conference on December 14, 2022. CEO Evan Gappelberg will showcase the company’s innovative 3D modeling and AR wayfinding solutions during the event. The interactive online presentation invites both individual and institutional investors to engage directly with the company. Recent highlights include significant growth metrics and strategic positioning for future development in the Metaverse.
ARway Corporation (OTC PINK:ARWYF) has commenced a pilot program for its augmented reality (AR) wayfinding solution at a 400,000 sq ft mall. The initiative aims to enhance visitor experiences through immersive AR navigation and develop programmatic AR ads for brands. CEO Evan Gappelberg anticipates over 100 pilot programs globally, expecting a conversion rate exceeding 90% into long-term contracts. The company sees significant revenue opportunities as the global indoor navigation market is projected to grow by USD 23.03 billion by 2025.
Nextech AR Solutions Corp (OTCQB: NEXCF) presented at the 16th Annual Singular Research Best of the Uncovered Investor Conference on December 8, 2022. CEO Evan Gappelberg showcased the company’s augmented reality and 3D modeling technologies, emphasizing its capacity to scale AR production using AI. Investors were invited to engage in a live Q&A session. Recent highlights include record Q3 revenue growth of 192% and the launch of ARway, a separate entity focused on augmented reality wayfinding. Nextech continues to expand its offerings in the Metaverse.
Nextech AR Solutions Corp (OTCQB: NEXCF, CSE: NTAR) announced a special livestream event featuring CEO Evan Gappelberg on
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