Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a metaverse company and leading provider of augmented reality (“AR”) experience technologies and services, today announced its receipt of an initial order and entry into a partnership agreement with B2B technology platform and marketplace DesignerInc. According to the update, the deal will leverage Nextech’s ARitize CAD 3D modeling solution for furniture manufacturers, enabling the creation of 3D models at scale from CAD files. “We are very excited about the opportunity to work with DesignerInc, a B2B company who recognizes the benefits of 3D/AR models for both the supply and demand side of the design industry,” said Evan Gappelberg, Nextech AR CEO. “We believe this deal has potential to substantially grow our 3D modelling business and impact our MRR revenue, as it will provide direct access to DesignerInc’s network of over 1,500 manufacturers. We are experiencing a rapidly growing global demand for 3D/AR models and, with partnership deals like this, we are solidifying our company as we strive towards our ambitious goal of becoming the world’s leading 3D modelling factory.”
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About Nextech AR Solutions Corp.
Nextech is a metaverse company that develops and operates augmented reality (“AR”) platforms, transporting three-dimensional (“3D”) product visualizations, human holograms and 360° portals to its audiences, altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences. Nextech focuses on developing AR solutions for the metaverse; however, most of the company’s revenues are derived from three e-Commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon. For more information about the company, visit www.NextechAR.com.
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