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ARway (CSE:ARWY) (OTC:ARWYF) signs five new deals

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CSE:ARWY
15 March 2023 14:08 (EST)

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ARway (ARWY) has signed five new deals for its Software Development Kit (SDK).

New deals

The deals range in size from $600-$10,000.

Since its SDK hit the market on January 31, 2023, the company has experienced considerable demand from resellers, brands and enterprise corporations, with emphasis on AR agencies.

ARway’s SDK contains code libraries and APIs for developers to build white label and private label mobile apps on both iOs and Android.

According to Technavio, the US$44 billion global indoor positioning and indoor navigation market will grow by US$23.03 billion from 2020 to 2025, with North America accounting for 40 per cent of that growth.

CEO Evan Gappelberg spoke with Coreena Robertson about the news.

ARway is an artificial intelligence and 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 with QR codes.

ARway (ARWY) is down by 2.78 per cent trading at $1.05 per share as of 10:05 am EST.


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