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  • Nextech AR Solutions (NTAR) has announced upgrades to its augmented reality spatial mapping platform, “ARway”
  • ARway is being spun out as a standalone public company
  • ARway will begin trading in 2022 and Nextech AR shareholders will receive a stock dividend of at least 3,200,000 shares on a pro-rata basis
  • ARway v1.1 includes updates to the Web Creator Platform, the ARway Mobile App and ARwayKit Software Development Kit
  • CEO Evan Gappelberg joined Sabrina Cuthbert to discuss the upgrades to the ARway platform
  • Nextech AR Solutions is a metaverse company active in augmented reality, 3D modelling, holograms and 360° portals
  • Nextech (NTAR) opened trading at C$0.89 per share

Nextech AR (NTAR) has announced upgrades to its augmented reality spatial mapping platform, “ARway.” 

ARway is being spun out as a stand-alone public company becoming the first publicly traded “pure play” spatial computing platform.

It is anticipated that ARway will begin trading in 2022. Nextech AR shareholders will receive a stock dividend of at least 3,200,000 shares on a pro-rata basis. It is expected that Nextech AR will continue to retain a majority share ownership in ARway after the spinout.

Nextech AR CEO Evan Gappelberg sat down with Sabrina Cuthbert to discuss the upgrades to the ARway platform.

“I’m super excited to announce that we have integrated our ARitize 3D CMS into our ARway offerings. We now can combine spatial mapping, and insert thousands of 3D models into the spatial, creating an end-to-end solution for creators and brands that is unmatched anywhere. Not only does ARway provide immersive and engaging spatial experiences for consumers, but we can also provide valuable analytical data for brands and properties. With our ability to capture “location intelligence” for spatial maps, we can provide deep insights into customer behaviour and comprehensive location-based analytics. This will allow our clients to optimize their spatial maps to improve traffic, engagement and revenue, which is extremely valuable for enterprise customers who are now lining up for the full release of ARway.”

ARway is a spatial computing platform that offers out-of-box augmented reality mapping solutions.

Nextech AR Solutions is a metaverse company active in augmented reality, 3D modelling, holograms and 360° portals.

Nextech (NTAR) opened trading at C$0.89 per share.

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