• 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

Top crypto stocks and ETFs to consider before the Bitcoin halving

Read about 10 of the highest-performing Bitcoin stocks and ETFs leading up to the cryptocurrency's April 2024 halving.

@ the Bell: Markets deeply divided amid Middle East flareup

Canada’s main stock index jumped on Friday, aiming to recoup some weekly losses, as investors shed caution around Middle East tensions.

Netflix trounces subscriber growth estimates in Q1 2024

Netflix (NASDAQ:NFLX) added 9.33 million subscribers in Q1 2024, almost double the consensus forecast of analysts polled by LSEG.

Gold penny stock unearths more riches from its assets

Copper and other critical metal prices have also been trending upward, and this all spells good news for the likes of Northstar Gold Corp.