Nextech (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2) is an artificial intelligence-powered 3D model supplier for Amazon and hundreds of other major e-commerce retailers and brands. The company today announced that, with its groundbreaking generative AI technology, Q1 2023 is currently tracking to be a record quarter for 3D modeling. “In addition to large enterprise customers like Amazon, Nextech continues to see a record number of new deals for 3D models from a variety of customers in Q1 2023. It’s due to this record demand in just the past 60 days that we anticipate Q1 2023 will exceed sales numbers from Q4 2022,” said Evan Gappelberg, CEO of Nextech. “These latest 3D modeling contracts continue to show accelerating global demand for 3D models due to the high ROI. The 3D model mega-trend is gaining even more traction in 2023, as the mass adoption of 3D models has really only just begun. Nextech is currently in discussions with major brands and retailers across the globe and we fully expect to land additional major enterprise multiyear contracts. These contracts represent an enormous amount of potential revenue for years to come, but when combined with the millions of Amazon’s merchants who are starting to recognize the value of having 3D models, the demand growth along with our revenue growth becomes exponential.”
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About Nextech AR Solutions Corp.
Nextech is a diversified augmented reality (“AR”), artificial intelligence (“AI”) technology company that leverages proprietary AI to create 3D experiences for the metaverse. Its main businesses are creating 3D WebAR photorealistic models for the Prime Ecommerce marketplace as well as many other online retailers. The company develops or acquires what it believes are disruptive technologies and, once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a significant ownership stake in the public spin-out. For more information about the company, visit www.NextechAR.com.
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