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NexTech signs AR contract with respirator supplier

Technology
CSE:NTAR
17 June 2020 13:30 (EDT)

Augmented reality company, NexTech AR Solutions (CSE:NTAR) has signed a contract with face mask supplier, O2 Canada.

O2 Canada’s product range consists of ergonomic, medical-grade, silicone-sealed respirator masks, with reusable filters. The filters can last for up to two weeks before requiring replacement.

Under the contract, NexTech will provide O2 Canada with solutions from its cross-platform, cross-browser technology, WebAR. The WebAR will allow O2 to showcase its protective products in photorealistic, 3-dimensional, augmented reality. 

3D AR models of the company’s respirators are already viewable on its website.

NexTech’s CEO, Evan Gappelberg, commented on the company’s contract with O2 Canada. He also noted the increasing interest in augmented and virtual reality as more people start working and shopping from home.

“We are excited to sign up O2 Canada, an innovative supplier of reusable masks, to our Web AR platform, enabling them to showcase their products in rich, photo realistic 3D/AR.

“Our multiple business segments, AR ecommerce, InfernoAR, and our 3D/AR ad network, are firing on all cylinders. We are continuing to execute on our stated business plan of signing up early adopters in AR and then moving them through our product offerings, which includes WebAR, AR for virtual conferences, training and education, and AR for 3D advertising. 

“Our rapidly expanding list of customers are excited to join us as first movers in the fast-growing augmented reality and virtual events markets, which are part of the work from home shop from home paradigm shift which is tilting the entire world toward our technology,” he said.

NexTech AR Solutions (NTAR) is down 2.74 per cent and is trading at C$2.13 per share at 2:50pm EDT.

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