NetworkNewsBreaks – Nextech AR Solutions Corp. (
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Posted On: 08/26/2021 4:22:54 PM
NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) Eyes Market Opportunity ‘as Big as the Metaverse’
Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, has closed the previously announced acquisition of U.K.-based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and will hire key founders Baran Korkmaz and Nikhil Sawlani. According to the update, the acquisition provides Nextech AR with a spatial mapping platform critical to building “mini-metaverses,” which the company is actively pursuing and believes is a market opportunity as big as the metaverse itself. “The potential for Nextech to be first to market with mini-metaverses, spatial maps as NFTs in the metaverse and leveraging our creator platform HoloX to populate the metaverse with content at scale is super exciting to me,” said Nextech CEO Evan Gappelberg with the Aug. 10 announcement of the acquisition. “With (Nextech’s) global sales and marketing machine, our combined AI teams and our existing AR tech and resources as a public company, I feel confident that we will quickly take a leadership position in the AR metaverse!”
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 (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, has closed the previously announced acquisition of U.K.-based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and will hire key founders Baran Korkmaz and Nikhil Sawlani. According to the update, the acquisition provides Nextech AR with a spatial mapping platform critical to building “mini-metaverses,” which the company is actively pursuing and believes is a market opportunity as big as the metaverse itself. “The potential for Nextech to be first to market with mini-metaverses, spatial maps as NFTs in the metaverse and leveraging our creator platform HoloX to populate the metaverse with content at scale is super exciting to me,” said Nextech CEO Evan Gappelberg with the Aug. 10 announcement of the acquisition. “With (Nextech’s) global sales and marketing machine, our combined AI teams and our existing AR tech and resources as a public company, I feel confident that we will quickly take a leadership position in the AR metaverse!”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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