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NextTech3D.ai CEO Evan Gappelberg joinedSteve Darling from Proactive with a comprehensive corporate update,shedding light on the various business units under NextTech3D.ai andtheir impressive achievements.
Onenoteworthy highlight is the company's collaboration with majorclients like Amazon, Kohl's, and others, where NextTech3D.ai hasbeen instrumental in building over 60,000 models.
The company's remarkable growth isreflected in its financial performance, with a 157% increase inrevenue over the past six months and a remarkable 155% rise in Q2revenue compared to the previous year.
The company is well on track for a record-breaking fourthquarter as well.
MapD, thecompany's events solutions platform, is also experiencingsubstantial growth, with multiple reseller agreements signed,including partnerships with Advanced Solutions, Rainfocus, CannaCon,and American Tradeshow Services, which has renewed its annual license.In just nine months, MapD has already surpassed its 2022 revenuefigures.
Toggle3D.ai, a SaaSsolution that utilizes generative AI to convert CAD files, hasgarnered impressive traction with over 17,000 sign-ups and over 19,000projects generated. The platform's integration with Sketchfab,boasting over 5 million 3D models available for download, has furtherstrengthened its appeal. The company anticipates surpassing 30,000users by year-end and plans to introduce additional pricing plans toenhance flexibility.
Gappelbergalso highlighted the success of ARway, which has secured key dealswith prominent entities, including one of California's largestshopping malls, the second-largest university in Turkey, and thelargest rental car company in South America. The company's robustpipeline includes 13 identified corporations as pilot projectprospects across various vertical markets, including retail,healthcare, education, manufacturing, telecom, and digital marketing.
ARway's selection to completean initial build of the ARway Platform on Apple's Vision Prohardware at Apple Park demonstrates its position at the forefront ofaugmented reality technology development.
In summary,NextTech3D.ai's diverse business units are flourishing, withimpressive growth, strategic partnerships, and a robust pipeline ofopportunities across multiple industries. The company's innovativesolutions and strong client relationships position them as asignificant player in the ever-evolving fields of 3D modeling,augmented reality, and generative AI.
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