• ARway’s (ARWY) new ARwayKit SDK 2.3 includes significant upgrades for users and developers
  • These include image access points, advanced content occlusion and custom branding watermarks
  • CEO Evan Gappelberg believes the company is now positioned to deliver on revenue growth in 2023 and increase profitability
  • VP Product, Shadnam Khan, spoke with Brieanna McCutcheon about the news
  • ARway is an artificial intelligence and augmented reality navigation platform for the real-world metaverse
  • ARway (ARWY) last traded at $0.95 per share

ARway’s (ARWY) new ARwayKit SDK 2.3 includes significant upgrades for users and developers.

The upgrades enable more immersive augmented reality (AR) experiences and address a wide range of markets, including retail, tourism, entertainment and education, increasing ARway’s reach into the $44 billion indoor positioning and navigation market.

CEO Evan Gappelberg believes the company is now positioned to deliver on revenue growth in 2023, as well as attract more developers to increase profitability.

New features

Image access points allow for the activation of AR maps and experiences by scanning images.

Videos can now be incorporated as spatial content in AR, providing richer and more immersive interactions.

Advanced content occlusion allows for improved depth perception and realism in AR scenes.

Custom branding watermarks enable developers to incorporate their branding into AR experiences.

Access to Analytics Suite empowers developers with valuable insights into user behavior and engagement.

An updated relocalization method offers improved background tracking accuracy and stability, ensuring a more reliable user experience.

Relocalization notifications alert users in case of significant drift, ensuring a consistent AR experience.

The company has also taken measures to address accidental activations and drifting issues in AR maps after scanning QR codes.

VP Product, Shadnam Khan, spoke with Brieanna McCutcheon about the news.

ARway is an artificial intelligence and augmented reality navigation platform for the real-world metaverse.

ARway (ARWY) last traded at $0.95 per share.

This is sponsored content, please see full disclaimer here.


More From The Market Online
LQWD Technologies logo

Capitalizing on the Bitcoin Lightning Network: LQWD Technologies

LQWD Technologies (TSXV:LQWD), provides enterprise grade transaction infrastructure to make the Bitcoin better for users worldwide.
Apple logo on Apple Store with iPhones in the foreground.

Can Apple’s AI-powered iPhone 16 lift the Nasdaq higher?

Apple’s latest launch event revealed the iPhone 16 to the world with Apple fanatics closely watching. And markets were watching, too.
MDA Space

MDA Space awarded contract for three geostationary orbit satellites

MDA Space (TSX:MDA) was awarded a contract to provide antenna systems for three satellites for geostationary orbit.
The PlayStation 5 Pro promotional image.

Sony stock up on PS5 Pro news, but still can’t get back to year-high

Sony Corp. (NYSE:SONY) stock climbed higher Tuesday after unveiling a new upgrade and more streamlined game console – the PlayStation 5 Pro.