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ARway Corp (CSE:ARWY) (OTCPK:ARWYF) files first in a series of patents around its technology

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CSE:ARWY
07 March 2023 13:15 (EDT)

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ARway (ARWY) has filed the first in a series of patents around its technology with the United States Patent and Trademark Office (USPTO).

The provisional utility patent titled “System & method for generating 3D digital twins from property floorplan images for Augmented Reality systems” is a crucial step in advancing ARway’s digital twin technology.

ARway CEO Evan Gappelberg met with Sabrina Cuthbert to discuss the news.

“We are excited to announce this first in a series of planned patent filings for ARway’s digital twin technology. We believe that this technology will become a cornerstone of our ARway platform and help us further establish the company as a leader in the global indoor positioning and indoor navigation market. This market represents a massive revenue opportunity for ARway as the company aims on becoming the leading service provider for indoor navigation across all industries.”

ARway is an AI-powered augmented reality navigation platform for the real-world metaverse. It enables AR-enhanced indoor navigation and wayfinding solutions for large, multi-purpose venues enabled by marker-based tracking using QR codes.

Arway Corp. (ARWY) opened trading at C$1.14.


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