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NEXTECH3D AI CORP - NEXCF STOCK NEWS

Welcome to our dedicated page for NEXTECH3D AI news (Ticker: NEXCF), a resource for investors and traders seeking the latest updates and insights on NEXTECH3D AI stock.

Nextech3D AI Corp (NEXCF) is a pioneering company in generative AI-powered 3D modeling technology for major e-commerce retailers like Amazon, Miele, P&G, and Kohls. Utilizing breakthrough AI, the company transforms vast amounts of 2D content into interactive 3D holograms, enabling immersive and photo-realistic 3D assets creation. With a strong focus on the metaverse economy, Nextech3D AI offers end-to-end AR solutions in various sectors such as 3D commerce, education, events, and industrial manufacturing. The strategic partnerships and advancements in AI technology showcase the company's commitment to leading the evolution of digital commerce through cutting-edge 3D and AI solutions.

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Nextech AR Solutions Corp. (OTCQB: NEXCF) announced the acquisition of ARway, enhancing its capabilities in building the Metaverse. The acquisition provides a spatial mapping platform essential for augmented reality applications. Nextech's CEO, Evan Gappelberg, and ARway's CEO, Baran Korkmaz, will discuss this development in a livestream scheduled for August 11, 2021, at 12:30 PM ET. This strategic move aims to position Nextech as a leader in AR for eCommerce and virtual experiences.

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Nextech AR Solutions Corp. (OTCQB: NEXCF) has announced a definitive agreement to acquire U.K.-based ARWAY in an all-stock transaction valued at approximately US$1 million. This strategic move is aimed at enhancing Nextech's capabilities in the evolving Metaverse space. ARWAY's spatial mapping platform will enable Nextech to offer immersive experiences for various locations, including museums and sports stadiums. The acquisition is expected to close in August 2021, pending regulatory approvals and shareholder support.

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Nextech AR Solutions Corp. (OTCQB: NEXCF) announced the integration of its HoloX mixed reality solution into HoloLens2, set for release in September 2021. This integration will enhance user experience with gesture controls through eye-tracking and hand gestures. The company's AR Innovation Labs project aims to facilitate immersive interactions across various sectors, including education and military training. According to Gartner, the digital human economy could reach $125 billion by 2035, highlighting the growing potential for Nextech in the AR space.

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Nextech AR Solutions Corp. (OTCQB: NEXCF) announced that Ryerson University has ordered 35 augmented reality labs for its biology, chemistry, and biochemistry departments. This addition will bolster Ryerson's AR immersive learning program, making it one of the largest globally. These new labs complement the 50 labs developed in the previous school year and will enhance the AR Lab Builder Program in partnership with the Ontario government. The labs offer innovative learning modules and are designed to provide students with real-time feedback and engage them in complex scientific concepts.

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Nextech AR Solutions Corp. (OTCQB: NEXCF) has closed a deal worth approximately $185,000 with FENEX for the fenestration industry's first virtual exhibition platform using Nextech’s LiveX technology. The event is expected to attract over 30,000 attendees in the home improvement sector. This partnership aims to enhance the digital marketplace experience for builders and consumers, promoting augmented reality product interactions and improving business opportunities.

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Nextech AR Solutions (NEXCF) is set to release its Q2 2021 financial results after market close on August 11, 2021. A conference call is scheduled for August 12 at 1:00 p.m. ET, featuring CEO Evan Gappelberg and CFO Andrew Chan, which will include a discussion on the financial results followed by a Q&A session. The company focuses on augmented reality platforms and derives most of its revenue from e-commerce platforms, including vacuumcleanermarket.com and infinitepetlife.com. An updated corporate presentation is now available on Nextech's website.

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Nextech AR Solutions (OTCQB: NEXCF) announces plans for an NFT hologram creator platform, expected to launch in Q3. This platform will enable customers to purchase and interact with AR digital collectibles. The NFT market surged to $2.5 billion in sales this year, indicative of growing demand. Nextech's platform will initially involve purchases through third-party marketplaces before transitioning to in-house transactions. The integration of Threedy.AI technology will enhance NFT capabilities by creating AR NFTs at scale. The digital human economy is predicted to reach $125 billion by 2035.

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Nextech AR Solutions Corp. (OTCQB: NEXCF) announces a live investor presentation featuring CEO Evan Gappelberg and President Paul Duffy. Scheduled for July 20, 2021, at 11:30 AM ET, the presentation will discuss the impact of the Threedy.ai acquisition on the company's future. Nextech develops AR platforms for diverse applications, including e-commerce and virtual events, though its primary revenue currently comes from three e-commerce sites: vacuumcleanermarket.com, infinitepetlife.com, and Trulyfesupplements.com.

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Nextech AR Solutions Corp. (OTCQB:NEXCF) announces CEO Evan Gappelberg will present at the Jefferies Software Conference on September 14-15, 2021. The conference will showcase leading software companies and feature presentations, panels, and one-on-one meetings aimed at evaluating investment opportunities and market trends. Nextech specializes in Augmented Reality solutions, which enhance e-commerce and virtual events. Their revenue mainly comes from e-commerce platforms including vacuumcleanermarket.com, infinitepetlife.com, and Trulyfesupplements.com.

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Nextech AR Solutions Corp. (OTCQB: NEXCF) announced that CEO Evan Gappelberg will present live at VirtualInvestorConferences.com on August 5th, 2021, at 9:30 AM ET. The event allows investors to engage and ask real-time questions. An archived webcast will be available for those unable to attend live. Recent highlights include the incorporation of a Singapore subsidiary, a $14 million bought deal, and the acquisition of Threedy.ai for $9.5 million. For more details, visit Nextech's website.

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FAQ

What is the current stock price of NEXTECH3D AI (NEXCF)?

The current stock price of NEXTECH3D AI (NEXCF) is $0.0274 as of December 24, 2024.

What is the market cap of NEXTECH3D AI (NEXCF)?

The market cap of NEXTECH3D AI (NEXCF) is approximately 4.2M.

What is Nextech3D AI Corp known for?

Nextech3D AI Corp is known for its generative AI-powered 3D modeling technology used by major e-commerce retailers like Amazon, Miele, P&G, and Kohls.

What sectors does Nextech3D AI Corp focus on?

Nextech3D AI Corp focuses on various sectors such as 3D commerce, education, events, and industrial manufacturing, offering end-to-end AR solutions.

How does Nextech3D AI Corp contribute to the metaverse economy?

Nextech3D AI Corp drives significant ROI for the metaverse economy through its innovative AR solutions and strategic partnerships.

What are the key achievements of Nextech3D AI Corp in 2024?

In 2024, Nextech3D AI Corp has achieved breakthrough generative AI patents, improved margin by 70%, reduced operating loss by 47%, and focused on large enterprise contracts for future growth.

NEXTECH3D AI CORP

OTC:NEXCF

NEXCF Rankings

NEXCF Stock Data

4.18M
132.32M
7.82%
Internet Retail
Consumer Cyclical
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United States of America
Toronto