• Nextech AR has announced the closing of a large deal with a multinational e-commerce brand
  • This contract will showcase the accelerating demand of Nextech’s state-of-the-art ARitize 3D factory
  • Nextech AR CEO Evan Gappelberg sat down with Caroline Egan to discuss the deal
  • Nextech AR is a leader in the rapidly growing augmented reality industry
  • Nextech AR Solutions Corp. opened trading at C$1.56 per share

Nextech AR has announced the closing of a large ARitize 3D deal with a multinational e-commerce brand.

The deal will provide the company with a growing base of MRR (Monthly Recurring Revenue) and showcase the accelerating demand of Nextech’s state-of-the-art ARitize 3D factory powered by AI and ML.

Nextech is contracted to produce 2,500 3D models to be distributed through the client’s online subsidiaries globally. This new contract validates Nextech’s 3D modelling at scale and the growing demand for 3D models and AR visualizations for e-commerce.

Nextech AR CEO Evan Gappelberg sat down with Caroline Egan to discuss the deal.

Nextech AR Solutions is a Metaverse company bringing augmented reality (AR) to the masses by creating an AR ecosystem featuring ecommerce solutions for websites, AR learning and education as well as AR live streaming for events.

Nextech AR Solutions Corp. (NTAR) opened trading at C$1.56 per share.

More From The Market Online

KWESST to provide situational awareness for the Canadian Red Cross

KWESST Micro Systems (TSXV:KWE) wins a contract to provide a situational awareness app to support the Canadian Red Cross.
Market graph

@ the Bell: Markets hover near all-time highs

A surge in commodity prices helped lift markets trading in Canada’s busiest centre on Friday to nearly reach a new all-time high.