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  • Nextech AR Solutions’ (NTAR) 3D model production has jumped over 110% from Q2 2022 to Q3
  • In Q3, Nextech produced 5,667 3D models for e-commerce sites across a wide spectrum of products
  • Nextech AR CEO Evan Gappelberg sat down with Daniella Atkinson to discuss the news
  • Nextech AR Solutions is a metaverse company active in augmented reality, 3D modelling, holograms and 360° portals
  • Nextech (NTAR) opened trading at C$0.80 per share

Nextech AR Solutions Corp. (NTAR) reports that it’s 3D model production has jumped over 110 per cent from Q2 2022 to Q3.

In Q3 alone, Nextech produced 5,667 3D models for e-commerce sites across a wide spectrum of products.

Nextech is ramping up production to meet the growing demand from the largest Prime eCommerce marketplace and is anticipated to create more than 2800 models in the month of October alone. This would represent approximately 50 per cent of Q3 production and sets the stage for a substantial increase in 3D model production in Q4 2022. The production of 3D models for Amazon is continuously increasing on a monthly basis.

Nextech AR CEO Evan Gappelberg sat down with Daniella Atkinson to discuss the news.

“I’m very proud of the execution thus far on our deal with Amazon and excited as the ARitize 3D revenue continues to roll in as we continue ramping up the production of 3D models for the world’s Prime e-commerce marketplace. Many enterprise companies within the e-commerce ecosystem are now recognizing the game-changing ROI and customer satisfaction experienced by implementing 3D/AR models on their websites. We currently are quoting on a number of large RFPs, which we expect to close in Q4 2022, creating a snowball of revenue in 2023, as 3D models are the standard that continues to cement itself for Web 3.0 in eCommerce. He continues, “With the launch of Toggle 3D, we have taken the leadership position in the world of everything 3D for CAD, rapidly prototyping the mass production of 3D models from CAD files. We are focused and working towards a huge ramp-up of 3D model production, setting the stage for an exciting 2023.”

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

Nextech AR Solutions (NTAR) opened trading at C$0.80 per share.


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