Company Highlights
Driving shareholder value by Commercializing Disruptive AI, 3D, AR, ML Technologies
- The company develops or acquires disruptive technologies that are subsequently spun out to shareholders as standalone public companies.
- On October 26, 2022, Nextech3D.ai spun out its spatial computing platform, ARway as a stand-alone public company, retaining a 49 percent stake with 13 million shares in ARway Corp. while distributing 4 million shares to Nextech shareholders.
- In June 2023, the company launched its second spin-out, Toggle3D, an AI-powered 3D design studio aimed at competing with Adobe. The company retains a 44 percent stake with 13 million shares in Toggle3D.
Diversified Technology Company
- Nextech3D.ai is a diversified augmented reality, AI technology company that leverages proprietary artificial intelligence to create 3D experiences for ecommerce.
- The company’s unique AI technology sets Nextech apart from its competitors, allowing it to earn contracts from big companies like Target and Amazon.
- The 3D modeling market is expected to reach US$6.33 billion by 2028, growing by a CAGR of 15.49 percent from US$2.3 billion in 2021.
- Nextech3D.ai offers four unique technologies (ARitize3D, ARway, Toggle3D and Map D) to cater to the needs of small and medium ecommerce and enterprise companies.
- Nextech’s 3D and AR technologies provide spatial computing capabilities, including GPS components, scanners and indoor navigation systems.
- The company’s AR does not require any investment from consumers to put to use and instead works with any device equipped with a camera.
- Nextech has grown rapidly in recent years, reaching US$10.3 million in 2022, increasing the 3D modeling business by 266 percent from 2021, and achieving a 963-percent increase in users for its Toggle3D platform since its launch in Jan 2023.
Leadership Team
- CEO Evan Gappelberg has a positive track record of creating shareholder value for over 20 years and is the single largest shareholder of Nextech3D.ai with a 10 percent stake
- An experienced team of technology innovators leads Nextech3D.ai to further develop and market its unique solutions.
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