• Nextech AR (NTAR) CEO Evan Gappelberg has purchased more than 50,000 shares at an average purchase price of $1.24 per share
  • Nextech AR Solutions (NTAR) has signed multiple AR ecommerce deals across a variety of industries
  • Nextech has expanded its 3D for ecommerce business into winter sports equipment, specialized furniture markets, eyewear, consumer goods, handbags and more
  • Nextech AR is a leader in the rapidly growing augmented reality industry
  • Nextech AR Solutions (NTAR) is up 0.81 per cent, trading at C$1.24 per share at 11:00 am EST

Nextech AR (NTAR) CEO Evan Gappelberg has purchased more than 50,000 shares of Nextech AR in the open market.

This purchase increases Evan Gappelberg’s ownership to 10,099,589 common shares.

Nextech AR Solutions (NTAR) has signed multiple AR ecommerce deals across a variety of industries.

By leveraging its AI-powered 3D model factory, ARitize 3D, Nextech has expanded its 3D for ecommerce business into winter sports equipment, specialized furniture markets, eyewear, consumer goods, handbags and more highlighting the range of specialty assets that ARitize 3D can create.

Nextech AR CEO, Evan Gappelberg sat down with Caroline Egan to discuss the exciting news and share his enthusiasm for the company’s prospects moving forward.

“It really feels like the whole world is going 3D – and I believe that the mass adoption of 3D models has started. Since the launch of ARitize 3D in October – we have signed over 60 new accounts which have cumulatively purchased thousands of 3D models and as our upcoming January 15th, Shopify integration goes live we expect that demand will only increase. This is a big validation of our efforts and showcases our 3D/AR tech stack as a true disrupter in the emerging multi-billion dollar 3D model market. He continues “ With our AI and CAD powered 3D model factory, I believe that we have the highest quality, lowest cost, most scalable solution anywhere. Currently, all signs are pointing to 2022 being a breakout year for everything 3D!”

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 (NTAR) is up 0.81 per cent, trading at C$1.24 per share at 11:00 am EST.

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