Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF)

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
472
Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Awarded Government Funding For Augmented Reality EdTech Push; Achieves Microsoft Co-sell Ready Status

- The Ontario government, through its Virtual Learning Strategy, awarded Nextech and its partner, Ryerson University, up to $150,000 in recognition for their efforts in creating and delivering AR learning experiences through an EdTechX-powered platform
- Nextech recently announced that EdTechX has achieved Microsoft Co-sell Ready status that will expose this solution to Microsoft sales teams
- With the status, Nextech and Microsoft sales teams will work together to identify and share customer opportunities in which its EdTechX solution might be a good fit

The COVID-19 pandemic significantly affected pedagogy in countries all over the world, and Ontario’s postsecondary education sector was no exception. Here, institutions rapidly moved to remote learning and, in close consultations with the Ontario Ministry of Colleges and Universities (“MCU”), expressed the need for virtual learning supports to enable access to high-quality education. These consultations bore the Virtual Learning Strategy (“VLS”), a historic $50 million investment by the MCU (https://nnw.fm/A6WGs).

Intended to drive growth and development of virtual learning as well as expand the potential of life-long and traditional education through the use of both online and hybrid learning, the VLS has a new deserving beneficiary. Recently, Toronto-based Nextech AR Solutions (CSE: NTAR) (OTCQB: NEXCF) announced that it had jointly received up to $150,000 alongside Ryerson University from VLS’ eCampusOntario – an amount awarded in recognition for the partners’ efforts in creating and delivering AR learning experiences within the postsecondary education sector (https://nnw.fm/kCK2G).

“With the help of the Ontario Government – who shares our vision of augmented reality, immersive learning – we are delivering on our goal to transform higher education,” said Nextech CEO Evan Gappelberg. “Innovation in the delivery of education solutions is critical and allows for added resiliency and student access in a post-COVID-19 world. We are grateful for the continued partnership with Ryerson and thrilled to play a part in this important government initiative for the benefit of multiple stakeholders, not least of whom are educators and students who are seeking and actively using technologies.”

In July 2020, Ryerson University, in partnership with Nextech, announced the Ryerson Augmented Learning Experience (“RALE”) platform. RALE enabled students and their instructors to take all courses and workshops online, create lab experiences featuring live demos that rely on augmented reality (“AR”) and holograms, undertake assessments, manage course content, and promote interactivity through live Q&A sessions. It further supported virtual campus tours and fairs, as well as convocations.

With the roll-out of RALE 2.0, powered by the recently launched EdTechX platform, the possibilities are enhanced even further. It now supports enterprise-scale video streaming, real-time data analytics, AR holograms, and integrated assessments (https://nnw.fm/uouIt).

Built on Microsoft Azure – a secure, reliable cloud-computing service – EdTechX offers unmatched security, reliability, and scalability, as well as additional advantages thanks to the Azure partnership. For example, it is now available on Azure Marketplace, a premier destination for any entity seeking to fulfill its software needs, and is discoverable to millions of customers in different regions across the world.

Additionally, Nextech announced EdTechX has achieved the highly coveted Co-sell Ready status, exposing it to Microsoft (NASDAQ: MSFT) sales teams through a collaboration that facilitates the active fulfillment of customer needs (https://nnw.fm/DaxJO).

With the status, Nextech and Microsoft sales teams will work together to identify and share customer opportunities in which its EdTechX solution might be a good fit. Hence, as a popular service already being used by more than 700 higher education institutions in various countries (https://nnw.fm/2zKzF), Microsoft Azure could offer Nextech a gateway to these existing customers.

“This exciting milestone gives our EdTechX solution significant scaling opportunities as we gain access to Microsoft’s enterprise sales teams and global education customers,” commended Evan. “This highly coveted ‘Co-sell ready’ status will enable us to collaborate with Microsoft on promoting EdTechX as a leading suite of enhanced augmented reality education solutions powered by Azure technology.”

Hailing AR and education as a perfect marriage, Evan went on to explain that this combination is bound to play a vital role in learning environments globally, especially given that AR solutions have continued gaining traction in multiple industries. Even more assuredly, the Ontario government’s award attests to the veracity of Evan’s comments.

For more information, visit the company’s website at www.NextechAR.com.

NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://nnw.fm/NEXCF

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NexTech AR Solutions Corp (NEXCF) Stock Research Links

NEXCF Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Geron Corp Faces Fiduciary Duty Investigation

Updated Category News Views 7

Spotlight on Geron's Corporate Governance: What's Happening? The heat's been turned up on Geron Corporation this week, with Halper Sadeh LLC, an investor rights law outfit, digging into whether some folks at the helm have strayed from their fiduciary duties to the shareholders. Now, if you're holding onto NASDAQ:GERN stock or thinking about diving in, it's high time to...

Continue Reading
PACS Group Faces Legal Scrutiny: What to Watch

Updated Category News Views 4

PACS Group: Legal Storm Brewing Welcome to the latest saga in the volatile theater of corporate governance. PACS Group, Inc., ticker symbol NYSE:PACS, is under the microscope, and not for debuting a groundbreaking product or hitting a stock milestone. Nope, instead we've got Halper Sadeh LLC out of New York investigating some possible hanky-panky from PACS directors and...

Continue Reading
HONA Faces Legal Heat: Investor Lawsuit Over Losses

Updated Category News Views 6

The Investor Storm Brewing Over Honeywell Aerospace There it is again, another industry heavyweight caught in a dizzying whirlwind of litigation. Honeywell Aerospace Inc. (NASDAQ:HONA), a name as established as an old boot in the business, now faces a class action lawsuit that's got investors frantically dusting off phone numbers for their attorneys. The Messy Allegations...

Continue Reading
AST SpaceMobile Faces Class Action Over Misstatements

Updated Category News Views 3

What's Going On with AST SpaceMobile? Kicking off with a heavy hitter here, folks. AST SpaceMobile, Inc., trading under NASDAQ:ASTS, is under a securities fraud spotlight. We're talking allegations piled higher than a morning stack of pancakes. If you picked up any ASTS shares between March 4, 2025, and July 15, 2026, you're in on this rough ride. There's a class action...

Continue Reading
Farm Aid 2026: A Resilient Tribute to Family Farmers

Updated Category News Views 3

Shining a Light on Essential Family Farmers Every year, thousands gather for Farm Aid to back the unsung heroes who put food on our plates. In 2026, the scene shifted to the amphitheater at Virginia Beach, where an epic lineup of music took stage not just to entertain but to underline a critical issue—family farmers are fighting for survival. These folks aren't merely...

Continue Reading
CVS Health Under Fire: Fiduciary Duty Breach?

Updated Category News Views 2

CVS Under Regulatory Spotlight for Fiduciary Breaches You'd think by now companies would have their fiduciary ducks in a row. But here we are, with CVS Health Corporation (NYSE: CVS) catching heat from the legal eagles over at Halper Sadeh LLC. The knife’s out for some of the big wigs – apparently, there's chatter they might’ve slipped on their duty to play nice...

Continue Reading
China Southern Airlines Marks 70th Anniversary in NYC

Updated Category News Views 3

Taking Flight with Legacy and Tradition Throwing a bash on Times Square isn't just about flash; it's about letting folks know you mean business. And China Southern Airlines has been doing just that for 70 years. Imagine starting from Guangzhou and ending up splashed across New York City's giant LED screens—talk about a journey! From Humble Roots to Global Network...

Continue Reading
Cut Winter Heating Costs with Townsend's Rebate Help

Updated Category News Views 5

Unseen Perils of Winter Heating in Massachusetts Massachusetts homeowners, listen up. If your heating system is older than the Model T, it's time to rethink your winter strategy. You don't want to be stuck in the cold when the thermometer hits single digits, do you? That's where Townsend comes in, making waves with their rebate assistance program. Navigating the Rebate...

Continue Reading
Quay Sunglasses: Luxury Looks, Affordable Prices

Updated Category News Views 3

Ah, sunglasses—the quintessential accessory that screams both practicality and style. A million-dollar look without the million-dollar expense? That's where Quay comes in. They've been recognized by Expert Consumers, no less, as some of the best-in-class for affordable luxury eye candy out there—aimed at shoppers who want the designer vibe without the hemorrhaging...

Continue Reading
AI and Storytelling Make Waves in Science Education

Updated Category News Views 5

University's Innovative Approach to Learning Alright, here's something you don't see every day. The University of Phoenix managed to snag some kudos from an academic journal for using AI and storytelling to teach environmental science. That's like hitting two bulls-eyes with one shot in the world of education. The recognition from Glacies for this Editor's Choice paper...

Continue Reading

Top 5 Most Recently Viewed Articles

Retractable Technologies Announces Dividend Distribution for Shareholders

Updated Category News Views 73

Retractable Technologies, Inc. (NYSE American: RVP) made headlines back in 2024 when it declared dividends to its Series II Class B and Series III Class B Convertible Preferred Stock holders. The total amount? A neat $39,050 for one class and $18,561.25 for the other—about $57,611 in total. Now that’s a number that should catch the eye of any savvy investor....

Continue Reading
Northfield Capital Shares Split Announced with Juno Corp Update

Updated Category News Views 269

Exciting Developments from Northfield Capital Corporation Northfield Capital Corporation (TSX-V: NFD.A) is making waves with exciting updates on its cornerstone investment, Juno Corp., a notable player in the strategic Ring of Fire region. Juno Corp. has recently released encouraging results from its latest drilling campaign, amplifying the prospects of Northfield’s...

Continue Reading
Understanding the P/E Ratio: A Guide for Investors

Updated Category News Views 116

Analyzing the Price-to-Earnings Ratio of Applied Materials In today's trading session, Applied Mat Inc. (NASDAQ: AMAT) shares are currently valued at $184.34, marking a notable increase of 0.62%. When reflecting on the past month, this stock has seen an impressive rise of 13.97%. However, from a yearly perspective, the shares have experienced a decline of 23.47%....

Continue Reading
Unveiling the Truth: Impact of 'Saving PTK' on Honor Societies

Updated Category News Views 698

Unpacking the Revelations in 'Saving PTK' Saving PTK: The Whistleblower's Fight for Truth and Change by Toni Marek delves deep into the complexities and challenges surrounding Phi Theta Kappa (PTK), the largest honor society in the United States for community college students. The book addresses various systemic issues within PTK identified by Marek, who emerged as a...

Continue Reading
Kyra Rénel Hardwick Celebrated as Outstanding Entrepreneurial Leader

Updated Category News Views 115

Kyra Rénel Hardwick Wins 2024 Entrepreneurial Women of Impact Award Kyra Rénel Hardwick, a well-known leader in the business realm, has been honored as one of the recipients of the 2024 Entrepreneurial Women of Impact Awards. This esteemed recognition was given to her by the Women Presidents Organization in partnership with Women Elevating Women, celebrating her...

Continue Reading