Apple's Vision Pro Release Driving Demand For ARway.ai’s Spatial Computing Platform As it Signs New Deal with F3Geomatic
January 17 2024 - 10:00AM
via IBN -- ARway.ai (“ARway” or the “Company”) (CSE: ARWY),
(OTC: ARWYF) (FSE: E65) is an AI powered Augmented Reality
Experience platform with a disruptive no-code, no beacon spatial
computing solution enabled by visual marker tracking with
centimeter precision is seeing an uptick in demand in 2024 ahead of
Apple's Vision Pro release slated for February 2nd 2024. The
Company is pleased to announce a new developer deal
with F3Geomatic Solutions, a distinguished geospatial modeling
and mapping agency based in Cuero, Texas. With ARway, F3Geomatic
envisions providing seamless, accurate, and immersive tailored
geospatial solutions for museums, trade shows, and local
governments, creating unparalleled user experiences.
F3Geomatic has selected ARway as its partner due
to its unmatched accuracy and seamless integration with the floor
plans provided by their partner, Matterport. Unlike other solutions
that proved inaccurate for wayfinding, ARway's technology
demonstrated a significant reduction in dissonance between intended
locations and mobile devices, especially in complex indoor
environments.
Moreover, F3Geomatic appreciated ARway's
user-friendly setup process, eliminating the need for expensive
hardware and specialized technical skills. The decision to choose
ARway was reinforced by the CEO's background in classified
geopositioning systems projects for the US military, where ARway's
tech stack emerged as the superior choice among competitors.
Anticipating widespread consumer adoption, the
introduction of "Apple Vision Pro" is expected to catalyze a
substantial transformation within the augmented reality and spatial
computing industry. This monumental development opens up an
exciting market opportunity for ARway, as the ARway app is proudly
available in the new spatial computing Vision Pro app store.
ARway.ai, with its focus on indoor navigation and
recent strides in AR glasses integration, is strategically aligned
with the industry's overarching shift towards 3D/AR.
This deal follows a recent press release
announcing 3 new deals and increasing global demand ahead of
the Apple Vision Pro release. Demand for ARway is accelerating from
around the world for various use-cases and industries looking to
leverage the Company’s groundbreaking augmented reality and spatial
computing technology.
CEO Evan Gappelberg recently joined Proactive
Investors to discuss the upcoming launch of the Apple Vision Pro
and what that means for ARway - watch here
ARway's commitment to delivering top-notch
performance on iOS devices positions it as an integral part of the
Apple ecosystem, promising a seamless integration experience for
users. With the official announcement from Apple declaring the
availability of Apple Vision Pro from Friday, February 2nd, at all
U.S. Apple Store locations and online, ARway is poised to redefine
the landscape of AR indoor navigation.
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About ARway.ai ARway.ai (CSE:
ARWY) (OTCQB: ARWYF) (FSE: E65) is a spatial computing platform
powered by artificial intelligence (AI) providing an array of
augmented reality (AR) experiences for indoor spaces. ARway's
breakthrough no-code no-beacon IPNN allows for the easy creation of
navigation, tours, information sharing, notifications, advertising
and gamification. ARway works seamlessly as a cross platform
solution on iOS/ Android. ARway's technology is optimized for both
mobile devices and AR glasses: Apple's Vision Pro, Magic Leap and
Microsoft's HoloLens. ARway has unlimited use cases for augmenting
physical spaces, making it a valuable tool for creators, brands and
companies in various industries. The complete ARway platform
includes: the Web Creator Studio, the ARwayKit Software
Development Kit (SDK) and a mobile app
for iOS and Android.
Nextech3D.ai On October 26, 2022,
ARway.ai. was spun-out from its parent Company, Nextech3D.ai
(OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS). Nextech retained a
control ownership in ARway.ai. with 13 million shares, or a 50%
stake. Nextech3D.ai is a Generative AI powered 3D modeling Company
and leading provider of augmented reality (“AR”) experience
technologies and 3D model services. Nextech’s AI-powered 3D
modeling platform.
To learn more about Nextech3D.ai, visit
www.nextechar.com
For further information, please contact:
Investor Relations Contact Julia
Viola investor.relations@arway.ai
ARway.ai Evan Gappelberg CEO and
Director 866-ARITIZE (274-8493)
Forward-looking Statements
The CSE has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
Certain information contained herein may
constitute “forward-looking information” under Canadian securities
legislation. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as, “will
be” or variations of such words and phrases or statements that
certain actions, events or results “will” occur. Forward-looking
statements regarding the completion of the transaction are subject
to known and unknown risks, uncertainties and other factors. There
can be no assurance that such statements will prove to be accurate,
as future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements and forward-looking
information. ARway.ai will not update any forward-looking
statements or forward-looking information that are incorporated by
reference herein, except as required by applicable securities
laws.
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