Apple's Vision Pro Release Driving Demand For ARway.ai's Spatial Computing Platform As it Signs New Deal with F3Geomatic
January 17 2024 - 9:00AM
InvestorsHub NewsWire
TORONTO, ON, Canada -- January 17, 2024 -- InvestorsHub
NewsWire -- 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 a uptick in demand in 2024 ahead of Apples
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 Cuervo, Texas. With ARway, F3 Geeomatic 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 annoucning 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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To learn more about ARway, please follow on Social
Media: Twitter, YouTube, Instagram, LinkedIn,
and Facebook,
and visit our website: www.arway.ai
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.
Nextech 3D.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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