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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.
Nextech AR Solutions (OTCQB: NEXCF) has been selected to host the Canadian Dairy XPO (CDX) 2021 trade show using its Virtual Experience Platform (VXP) on April 7-8, 2021. Featuring 350 exhibitors from 32 countries and guest speakers like Dr. Jan Pol, the virtual event aims to enhance global engagement in the dairy industry. Registration is open with free tickets available. This transition allows exhibitors to maintain interactivity and networking opportunities while expanding reach. Recent highlights include record Q4 2020 bookings of $7.3 million, a 275% growth from the previous year.
Nextech AR Solutions (OTCQB: NEXCF) announced its Virtual Events and Video Platform (VXP) will support the Canadian Society of Physician Leaders during the Canadian Conference on Physician Leadership from April 26-29, 2021. The VXP offers interactive virtual discussions and AI-powered tracking for continuing medical education credits. CEO Evan Gappelberg highlighted the platform's security and immersive capabilities in a rapidly growing $400 billion virtual events market. Notable client wins include Fortune 500 companies, demonstrating Nextech's competitive advantage in the AR sector.
Nextech AR Solutions (NEXCF) announced a livestream presentation led by CEO Evan Gappelberg and the Global Sales Leadership Team on January 21, 2021. Key recent developments include a $470,000 renewal agreement with Poly, record total bookings of $7.3 million in Q4 2020 (+275%) and $20.01 million for the fiscal year (+235%). The company is also expanding into the Asia-Pacific market and has hired experienced leaders for this initiative. Nextech has launched innovative AR solutions and secured partnerships with global organizations to enhance its market presence.
Nextech AR Solutions (NTAR, NEXCF) has announced that CEO Evan Gappelberg and the Global Sales Leadership Team will present at a Special Proactive Investors Livestream on January 21, 2021. Recent highlights include a renewal agreement with Poly worth $470,000, record Q4 bookings up 275% to $7.3 million, and a 235% increase in total bookings for the fiscal year, reaching $20.01 million. The company is expanding into the Asia-Pacific market and has appointed industry veteran Yau Boon Lim to lead this initiative.
Nextech AR Solutions (OTCQB: NEXCF, NEO: NTAR) has renewed its agreement with Poly for an initial value of $470,000 over six months, with potential for further revenue. CEO Evan Gappelberg aims for $50-60 million in revenue for 2021. Q4 2020 showed a record bookings increase of 275% to $7.3 million. The company launched new products, expanded into the Asia-Pacific, and achieved significant sales growth during Black Friday. It has also secured partnerships for various virtual events.
Nextech AR Solutions (OTCQB: NEXCF, NEO: NTAR, FSE: N29) announced a presentation by CEO Evan Gappelberg on January 14, 2021, at 11:30 AM EST, during a Proactive Investors Livestream. Gappelberg will discuss the AR industry trends and his vision for 2021. Joining him will be Hareesh Achi, former MSFT President, focusing on the new 3D AR ad network. The company issued 65,000 stock options at $5.80/share as part of its stock option plan. Nextech is a leader in augmented reality with significant growth potential in several verticals, including its virtual experience platform.
NexTech AR Solutions (OTCQB: NEXCF) has announced a virtual concert featuring Grammy-nominated artist Offset on October 16, 2020, hosted via its AiRShow app. This event allows fans to interact with performers appearing as human holograms using augmented reality (AR). Offset's music has sold over three million albums globally, and the concert aims to leverage the growing demand for virtual entertainment due to COVID-19. The AR entertainment sector is projected to grow significantly, with NexTech positioning itself as a leader in this emerging market.
NexTech AR Solutions (NEXCF) reports record preliminary results for Q3 2020, achieving total bookings of $6.7 million, surpassing all 2019 revenue of $6 million, and reflecting a 331% increase from Q3 2019. The company holds $16.3 million cash on hand and raised $13.2 million through an offering. Notable developments include hiring a new COO, doubling staff, and launching new partnerships while expanding into various sectors, including eCommerce and video conferencing. Demand for AR solutions continues to surge, positioning NexTech for growth in a transforming digital economy.
NexTech AR Solutions (NEXCF) announced its InfernoAR platform has been chosen by TEDxMalmö for its first virtual event on December 12, 2020. This partnership aims to emulate TED's in-person experience with performances and interactive content while ensuring participant safety. The global virtual events market is projected to grow from $90 billion in 2020 to over $400 billion by 2027. In recent highlights, NexTech reported $900,000 in new bookings between September 1-22, 2020, and established partnerships with major brands, enhancing its market position in augmented reality and virtual events.
NexTech AR Solutions (OTCQB: NEXCF) has appointed Dr. David Cramb to its Board of Directors, expanding the board to five members and aiding in the company's efforts to uplist to NASDAQ. Dr. Cramb's expertise in augmented reality in education is seen as a valuable addition. Furthermore, Vivian Chan has been named Chief Channel Officer, and Chris Burton joins to enhance the enterprise growth strategy. NexTech reported impressive Q2 2020 results with a 290% revenue increase to $3.5 million and a 484% jump in gross profit. The company continues to expand partnerships and bolster its AR offerings.
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