ARway.ai completes first platform build on Apple Vision Pro headset Published: 08:35 28 Sep 2023
ARway.ai - ARway.ai (CSE:ARWY, OTCQB:ARWYF) announced that it has completed the first build of the ARway platform on Apple Inc (NASDAQ:AAPL)'s Vision Pro hardware and realityOS operating system at Apple Park, Cupertino, where it got exclusive access to early prototypes of the headsets.
Shares of the company soared on the news, adding 23.1% to US$0.41 in pre-market trading on Thursday.
The company also announced that it has upgraded its augmented reality (AR) platform to version 2.6 to include even more advanced capabilities, building on ARway 2.5 which introduced artificial intelligence (AI)-assisted pathfinding, engaging path styles and enhanced creator tools.
ARway 2.6 includes multi-map and multi-floor navigation capabilities on the Web Creator Portal which means creators can now immediately build an AR experience with three default floorplans on offer.
Other added features include audio directions and automatic re-routing, and the platform now supports multi-language and deep linking.
This new version also includes the addition of Connector Pins, which allows creators to easily connect maps at points like elevators and stairs.
The significance of the updates cannot be overstated, the company said.
“The enhanced features and improved user experience make ARway's platform an invaluable tool for businesses across various industries, driving profitability through its unique offering and advanced capabilities,” ARway said in a statement.
It pointed to notable growth in the year to date, with a 1,205% increase in active users to 3,261 and a 2,050% increase in pilots and trials to 43.
ARway is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) experiences for indoor spaces.
Contact the author at email@example.com
ARway.ai Signs Multi-Year Contract With The Largest Car Rental Network In South America Localiza Rent a Car S.A.
Join Investor Livestream with CEO Today at 12pm ET
TORONTO, O.N, Canada – AUGUST 23, 2023 - 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 announces a signed contract with the largest car rental network in South America, Localiza Rent a Car S.A. (LZRFY), with 540 locations in 9 countries. This project is a key component of Localiza’s efforts to deliver a differentiated customer experience through newly established rental hubs at all major airports in Latin America. The AR navigation will be for travellers renting cars in branches located in airports and off-airport locations.
Originally announced in February 2023, this pilot Initially launched ARway’s navigation technology at a single international airport in Sao Paulo, Brazil, allowing travellers to easily find their way around the airport, saving them time and effort as they navigate to the rental car branch. This program includes AR navigation from baggage pickup to the transport depot, which includes car rentals, bus stops, Uber, etc.
Watch a video showcasing this technology - click here
The ARway platform uses spatial computing to create a 3D map of the airport, which can be used by passengers to quickly and easily find the right terminal, gate, and other points of interest on their way to their car rental. The system also has voice commands and other features, making it even easier to use and more convenient than traditional navigation methods.
ARway.ai’s CEO Evan Gappelberg commented, “We are thrilled to see ARway signing significant high profile deals with major brands and enterprise customers like Localiza. This rollout has the potential to touch millions of travellers throughout South America and improve their travel experience as they navigate for the first time from the airport to a Localiza transit hub.” He continues “We expect to see more major rollouts in the coming weeks and months, with the goal of covering the globe in ARway’s easy to use indoor AR navigation- just like GPS works for outside navigation. The applications are endless… airports, shopping malls, museums, college campuses, hotel resorts and more- stay tuned!”
Investor Livestream Details Join CEO Evan Gappelberg and Chief Product Officer Shadnam Khan LIVE as they discuss deals & the importance of SaaS + CPO will demo ARway's new SDK capabilities.
Time: 9:00 a.m. Pacific Time / 12:00 p.m. Eastern Time Date: TODAY, August 23, 2023 Link:
ARway.ai Secures $500,000 Annual License Agreement For its Augmented Reality Spatial Computing Navigation Platform
Jul 20, 2023
TORONTO, O.N, Canada – July 20 , 2023 - ARway.ai ("ARway" or the "Company") (CSE: ARWY), (OTC: ARWYF) (FSE: E65), the leading provider of an innovative Augmented Reality Experience platform, is proud to announce a groundbreaking partnership with Map D, a well-established event technology company wholly owned by Nextech3D.ai (OTCQX: NEXCF / CSE:NTAR). This strategic collaboration aims to disrupt the lucrative trade show industry, valued at $50 billion, through the introduction of ARway's cutting-edge augmented reality indoor navigation system.
ARway.ai's spatial computing navigation platform leverages advanced AR technology and computer vision algorithms to overlay digital information onto the real world, enhancing navigation capabilities in various environments. Users can simply wear AR-enabled devices, such as smart glasses or use mobile devices, and experience real-time, context-aware navigation instructions overlaid onto their surroundings.
By leveraging the power of AI and spatial computing, ARway has developed a revolutionary no-code, no-beacon solution that employs visual marker tracking with centimeter precision. This breakthrough technology enables seamless and immersive augmented reality experiences, transforming how trade shows are navigated and experienced.
Map D recognizes the tremendous potential and timing in bringing ARway's augmented reality trade show navigation system to the market. With a first mover advantage, they are poised to revolutionize the industry by providing an unparalleled navigation experience for attendees and exhibitors alike. The collaboration between ARway and Map D promises to reshape the landscape of trade shows, creating enhanced engagement and value for participants.
With a deep understanding of the trade show industry,
Map D specializes in providing innovative solutions that enhance attendee and exhibitor experiences. Map D has partnerships and works with some of the top companies, tradeshows and events in the industry.
Map D’s SVP Strategic Markets, Michael Candela comments "The fusion of Map D's robust interactive mapping technology with ARway's innovative augmented reality capabilities is not just an upgrade; it’s a leap forward that promises to revolutionize the navigation, and advertising experiences at events!”
Under the terms of the license agreement, ARway will receive monthly payments totaling $41,666 for a duration of 12 months, amounting to a minimum guarantee of $500,000. Furthermore, should sales exceed $500,000 within any 12-month period, ARway will be entitled to a 10% royalty. Throughout the term, ARway will deliver comprehensive customer support and technical assistance to ensure a seamless integration and optimal experience for all stakeholders.
This momentous partnership between ARway and Map D sets the stage for a new era in the trade show industry, where augmented reality navigation becomes an integral part of the event experience. The synergy of these two industry leaders will undoubtedly drive innovation, foster growth, and position both companies at the forefront of the evolving event technology landscape.
For more information about ARway and its pioneering augmented reality solutions, please visit www.arway.ai.
About ARway.ai ARway.ai is a leading provider of an AI-powered Augmented Reality Experience platform. Their disruptive no-code, no-beacon spatial computing solution, enabled by visual marker tracking with centimeter precision, revolutionizes the way people experience augmented reality. By combining cutting-edge technology with seamless integration, ARway empowers businesses and developers to create immersive and interactive AR experiences.
About Map D Map D is a 13-year old event technology company wholly owned by Nextech3D.ai. With a deep understanding of the trade show industry, Map Dynamics specializes in providing innovative solutions that enhance attendee and exhibitor experiences. Through their strategic partnership with ARway, Map Dynamics aims to disrupt the trade show industry by introducing an unprecedented augmented reality navigation system.
Livestream Details Join ARway.ai CEO Evan Gappelberg and special guest, Chief Product Officer Shadnam Khan for a special investor livestream and presentation of the new ARway.ai v2.5 spatial computing platform.
Date: Thursday, July 20, 2023 Time: 1:00 p.m Eastern Time / 10:00 a.m Pacific Time Link to Join:
ARway (CSE:ARWY) on the cusp of major deals Technology, The Top Line CSE:ARWY $21.30M Brieanna McCutcheon Markets Reporter firstname.lastname@example.org 04 May 2023 06:00(EDT)
Our next company is an AI-powered platform providing people with an augmented reality experience through indoor and outdoor spaces. By utilizing the mini computers that are in most people’s pockets, i.e. phones, ARway leverages the power of these devices to create environments that can improve visitor experiences, increase engagement and more.
Today we have the CEO of ARway here with us, Evan Gappelberg. Hello, and thanks for joining us.
TMH: For those who are new to the company, what is a brief explanation you can give?
EG: ARway is an AI powered platform as you mentioned, that provides augmented reality experiences focusing on indoor spaces. The platform allows users to easily create navigation tours, information sharing, notifications, advertising, gamification. It’s really a self-serve platform that anybody can use. It leverages as you mentioned, the power of your phone to create environments. Ultimately, that improve visitor’s experience, improves an employee’s productivity through training, increases engagement through gamification, creates new advertising space by monetizing the air and ultimately boosts revenue and all of this happens just by scanning a QR code.
Really, if you think about the experience platform called ARway, indoor wayfinding and navigation is kind of the killer app. You can create a curated tour for a museum have audio, images and videos that are kind of just floating in the air that you can interact with 3D objects, 3d text, hotspots, training for employees can happen, advertising and of course a very robust analytics backend is available with the platform as well.
TMH: What about indoor navigation through the app? Has this been a main use case and what company has really excelled at?
EG: It is. Indoor wayfinding sucks. I mean if you go inside a building, Google doesn’t work because it’s all gps. They’ve mastered the art of navigation outside of a building but inside of a building is just a complete fail and so augmented reality wayfinding is the solution and this platform is the killer platform for indoor navigation. So, most people don’t think about why indoor navigation hasn’t been adopted yet but it’s because the technology as I mentioned sucks. It’s a poor experience.
So, the ARway platform is going to really disrupt the whole indoor wayfinding market, cost effective, simple to implement really point and click on the back end and we’re super excited about it.
TMH: You know how many university students less anxiety on will probably have their first day of class finding the science wing or something
EG: I’ll never forget my first day, just roaming around a campus with 40,000 students saying like I have no idea and I remember missing classes because I’m just on the other side of this huge college campus. So yeah, absolutely. We see that as one of the great use cases.
TMH: Given the time that we live in, many companies have various AI technologies and immersive experiences. What is your competitive advantage?
EG: So, what sets us apart and why we’re disrupting the 44 billion indoor positioning and navigation market is Arway is no code, no beacon, no hardware solution enabled by visual market tracking with center meter precision. That’s very, very important. No other company is able to provide this except ARway and it’s because we’re leveraging the power of AI. So again, you don’t need to be a coder. You don’t need to install any hardware; all you need is your cell phone and our web-based platform and you are in the indoor wayfinding business
TMH: Looking at who is interested in the technology, the company really appeals to a vast group. We have malls, hospitals, airports, universities and more on the list. Can you divulge specific examples of the technology used in some of these situations?
EG: Yes, I mean it’s really a solution for variety of large indoor spaces as you mentioned, stadiums, events, retail, museums, hotel, universities, of course hospitals. So, some of the names that we’re currently engaged with, JFK Airport, Verizon the cell phone company, Palm Beach University, Tafe university, Shell Petroleum, Phillip Morris, Taner Outlets, the Government of Canada. I mean, that’s just the sampling of some big, big accounts. Everybody that we’re talking to is enterprise level. They’re all significant opportunities and they’re all super, super interested in our technology.
TMH: What kind of growth have you seen since launching the company? How many projects are currently under your belt?
EG: There’s over 20 pilots in play right now. We mentioned a few. I mean there’s just a long list. I mean 20 is a lot. I’ve mentioned a few already but it’s really just starting. So, there’s lots and lots of opportunities. I mean, I could just name one of them. There’s a company called I’m just looking at like a list of some agencies that we work with. So, the Southern Alberta you mentioned I think you’re from Alberta. The Southern Alberta Institute of Technology. So, they’ll be using ARway for curriculum projects and build AR experiences with the platform. So, there you have it, a local university in Canada but there’s tons and tons. I mean we were just at Harvard University two weeks ago. They invited us in to demo the platform. So, there’s just a lot of interest in what ARway brings to the university experience.
TMH: When looking into 2023 and beyond, what lies ahead for ARway? Or what hurdles does ARway hope to overcome?
EG: So, it’s an enterprise platform. So, when you think of enterprise they take three months to six months before they pull the trigger. So that’s really just normal for these types of accounts but we’re currently in talks with many. The process does take months. So that is kind of the biggest let’s just call that a hurdle but we’re on the cusp of signing some major deals in 2023 as mentioned, we have 20 plus pilot projects which are going to end up being worth potentially millions of dollars to ARway. There’s an enormous amount of revenue that’s starting to build in the pipeline already and we’re just really coming in. We just finished Q1, we’re still just in the middle of q2. So, the fact that our pipeline already represents millions in potential revenue is quite exciting And we see this as just the beginning of this mega trend.
TMH: I understand you are beginning to work with a few glasses manufacturers. What does this entail? And how will the Apple headset release in 2023 affect the entire industry?
EG: Overall the potential release of the Apple headset in 2023 is likely to have a significant impact on the AR VR industry. It’s gonna spur innovation and I think explode the market as a whole. From ARway’s standpoint, there’s really three emerging platforms, Unity which has Magic Leap building on it. HoloLens, is also on it and the HTC Vibe glasses are on it. Snap Dragon is number two with Lenovo, Vygis, LG TCL and then number three you really have some of these walled gardens like Snap or Oculus but they’re all starting to move to Unity.
We built our platform on Unity, so we will be initially integrating with the Unity players like Magic Leap, HTC, and HoloLens. Stay tuned for that integration and again, we see the glasses as blue sky growth opportunities and the next leg up in this whole augmented reality experience platform called ARway.
TMH: It’s been a pleasure; thanks for speaking with us today, Evan.
Again, we have been speaking with the CEO of ARway, Evan Gappelberg. To stay updated on the company, head to arway.ai or track down the tri-listed company on the CSE under the ticker symbol ‘ARWY.’ and on the OTC under the ticker symbol ARWYF.
A special thanks to you, our viewers, for joining us today…I’m Brieanna McCutcheon for The Market Herald, and thanks for watching The Top Line.
FULL DISCLOSURE: This is a paid article produced by The Market Herald. Please see full disclaimer here.
On October 26, 2022, ARway Corp. was spun-out from its parent Company, Nextech AR Solutions (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2). Nextech AR retained a control ownership in ARway Corp. with 13 million shares, or a 50% stake. Nextech AR Solutions is a Metaverse Company and leading provider of augmented reality ("AR") experience technologies and 3D model services. Nextech's AI-powered 3D modeling platform, "ARItize3D" has contracts with; AMZN, KSS, CB2, Genuine Parts & many others. To learn more about Nextech AR, visit www.nextechar.com