19:44:34 EDT Sat 07 Sep 2024
Enter Symbol
or Name
USA
CA



ARway Corp
Symbol ARWY
Shares Issued 27,920,957
Close 2024-05-17 C$ 0.26
Market Cap C$ 7,259,449
Recent Sedar Documents

ARway signs new deals with Ershad, Walkk

2024-05-17 10:26 ET - News Release

Ms. Julia Viola reports

ARWAY.AI, THE AUGMENTED REALITY EXPERIENCE PLATFORM, SIGNS MULTIPLE NEW NAVIGATION DEALS WITH GLOBAL ACCOUNTS IOT TRACKERS IN SAUDI ARABIA AND WALKK SOFTWARE DEVELOPMENT

ARway Corp. has arranged two new deals with new partners.

Ershad Technologies and IOTrackers:

  • Upgraded from developer to partner account after successfully building an AR (augmented reality) navigation prototype and winning contracts for government projects; joins ARway's growing list of recognized partners in the Gulf region that are leveraging ARway for new business opportunities;
  • Will be deploying in a library based in Riyadh, Saudi Arabia, for its project.

Ershad Technologies is a technology agency based in Saudi Arabia and specializes in developing advanced technologies for delivering immersive augmented reality experiences on mobile platforms and provides comprehensive implementation services, aimed at improving visitor experiences and enhancing marketing solutions through the strategic use of augmented reality technology.

Walkk:

  • Signed up as an ARway developer to develop and deploy a indoor navigation app for Comex 2024 Global Technology Show between May 27 and May 30, 2024, in Oman;
  • Will be demonstrating the joint capabilities of Walkk and ARway to win new projects in the Oman market.

Walkk is a 3-D and AR focused technology start-up based in Oman.

The company has also issued 56,000 shares to Nikal Salwani to satisfy a $14,280 bonus due.

About ARway Corp.

ARway.ai 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 IPN 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 Oct. 26, 2022, ARway.ai was spun out from its parent company, Nextech3D.AI Corp. Nextech3D.AI retained a control ownership in ARway.ai with 13 million shares, or a 50-per-cent stake. Nextech3D.AI is a generative AI-powered 3-D modelling company and leading provider of AR experience technologies and 3-D model services. Nextech's AI-powered 3-D modelling platform, ARitize3D, has contracts with Amazon, KSS, CB2, Genuine Parts and many others.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.