Nextech3D AI - NEXCF STOCK NEWS

Nextech AR has closed a significant ARitize 3D deal with a multinational e-commerce brand, enhancing its Monthly Recurring Revenue. This deal reflects the rising demand for Nextech's AI and ML powered AR technologies. Meanwhile, Trillion Energy has seen a price increase for its natural gas, now approximately US$13.07/mcf, indicating a strategic focus on its SASB natural gas redevelopment. The Market Herald provides insights into these developments through interviews with the respective CEOs.

Nextech AR Solutions Corp (OTCQB: NEXCF) has closed a significant deal with a multinational e-commerce brand to produce 2,500 3D models using its ARitize 3D technology. This contract is expected to enhance the company's Monthly Recurring Revenue (MRR) and demonstrates the increasing demand for 3D modeling and AR visualization in e-commerce. Nextech's CEO, Evan Gappelberg, highlighted that this contract positions the company for growth in 2022, as it aims to transition 3D models from an optional feature to a necessity in online retail.

Nextech AR Solutions Corp (OTCQB: NEXCF) will showcase its ARitize 3D solution for ecommerce at the NRF 2022: Retail’s Big Show from January 16-18, 2022, in New York City. Featured in their exhibition will be enhancements to 3D AR models, including product hotspots, animations, and 360° views. Their ARM system addresses pain points for online retailers, enhancing customer engagement and boosting sales. The company granted 875,000 stock options at a price of $1.70 per share, reflecting its growth strategy.

Nextech AR (CSE:NTAR) (OTCQB:NEXCF) has signed multiple CAD to POLY deals with notable companies including Brunswick Corporation, Jacuzzi Brands LLC, and Ford Motor Company. This validates its ARitize CAD technology, which converts large CAD files into lightweight 3D models, potentially transforming the manufacturing sector. The CAD-Poly technology is touted as a cost-effective solution available at scale. The announcement comes amid a series of interviews from The Market Herald, which highlights the significance of these developments for investors.

Nextech AR Solutions Corp (OTCQB: NEXCF, NEO: NTAR) announces multiple CAD to POLY deals across various industries, including partnerships with Ford (NYSE: F), Brunswick Corporation (NYSE: BC), and Jacuzzi Brands. This collaboration validates their ARitize CAD technology, allowing efficient conversion of large CAD files into lightweight 3D models. With the global CAD market projected to reach $11 billion by 2023, Nextech aims to capitalize on the demand for 3D models, enhancing engagement in the metaverse and potentially driving higher sales.

Nextech AR Solutions (CSE:NTAR)(OTCQB:NEXCF) has announced the signing of multiple augmented reality (AR) ecommerce deals across various industries. Utilizing its AI-driven 3D model factory, ARitize 3D, the company aims to broaden its ecommerce services into sectors like winter sports, specialized furniture, eyewear, and more. CEO Evan Gappelberg discussed these developments in an interview, underscoring the company’s commitment to expanding its market presence. This move highlights Nextech's innovative approach in the AR space, positioning it for future growth.

Nextech AR Solutions Corp (OTCQB: NEXCF) has announced the signing of multiple AR ecommerce contracts across various industries, leveraging its AI-powered ARitize 3D model factory. The company has gained over 60 new accounts since its launch in October, indicating a growing demand for 3D models. Nextech is expanding into specialty markets, including winter sports equipment and ultra-specialized furniture, providing immersive shopping experiences that lead to higher conversion rates. CEO Evan Gappelberg anticipates 2022 as a breakout year for 3D technology adoption.

Nextech AR Solutions Corp. recently announced that CEO Evan Gappelberg has purchased 50,310 shares in the open market, increasing his total ownership to 10,099,589 common shares. This acquisition occurred at an average price of $1.00 USD per share. In addition, the company updated its revenue forecast for fiscal 2021, projecting approximately $26 million due to contract delays. Nextech is transitioning to a SaaS model for its AR products and anticipates significant revenue changes, particularly with the growing AR and technology services sector.

Nextech AR Solutions Corp. (OTCQB: NEXCF) has secured a multi-year deal with Restaurants Canada, the nation's largest foodservice organization, enhancing its virtual events business. This partnership will create a Metaverse Marketplace featuring 3D AR booths and holograms, allowing over 30,000 members to connect. Following the success of the virtual RC Show 2021, this initiative aims to set a new standard in the foodservice industry. CEO Evan Gappelberg highlighted the opportunity for significant revenue growth as demand for virtual platforms rises amid the Omicron variant.