22:06:11 EDT Wed 01 May 2024
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or Name
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ARway Corp
Symbol ARWY
Shares Issued 26,786,867
Close 2024-01-16 C$ 0.40
Market Cap C$ 10,714,747
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ARway signs developer deal with F3 Geomatic Solutions

2024-01-17 11:27 ET - News Release

Mr. Evan Gappelberg reports

ARWAY.AI'S SPATIAL COMPUTING PLATFORM CONTINUES TO SEE INCREASED DEMAND AHEAD OF APPLE VISION PRO RELEASE, SIGNS NEW DEAL WITH F3 GEOMATIC

ARway Corp. is seeing an uptick in demand in 2024 ahead of Apple's Vision Pro release slated for Feb. 2, 2024. The company has signed a new developer deal with F3 Geomatic Solutions, a distinguished geospatial modelling and mapping agency based in Cuervo, Tex. With ARway, F3 Geomatic envisions providing seamless, accurate and immersive tailored geospatial solutions for museums, trade shows and local governments, creating unparalleled user experiences.

F3 Geomatic has selected ARway as its partner due to its unmatched accuracy and seamless integration with the floor plans provided by its 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, F3 Geomatic appreciated ARway's user-friendly set-up process, eliminating the need for expensive hardware and specialized technical skills. The decision to choose ARway was reinforced by the chief executive officer's background in classified geopositioning systems projects for the U.S. 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, with its focus on indoor navigation and recent strides in augmented reality (AR) glasses integration, is strategically aligned with the industry's overarching shift toward 3-D/AR.

This deal follows a recent press release announcing three 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.

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, Feb. 2, at all U.S. Apple Store locations and on-line, ARway is poised to redefine the landscape of AR indoor navigation.

About ARway Corp.

ARway 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.

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