08:27:03 EDT Sun 05 May 2024
Enter Symbol
or Name
USA
CA



Nextech3D.AI Corp
Symbol NTAR
Shares Issued 133,973,275
Close 2024-04-23 C$ 0.125
Market Cap C$ 16,746,659
Recent Sedar Documents

Nextech3D.AI receives USPTO patent issuance assurance

2024-04-23 11:23 ET - News Release

Mr. Evan Gappelberg reports

NEXTECH3D.AI RECEIVES NOTICE FROM USPTO TO BE GRANTED PATENT FOR CAD 3D MODEL PART ASSEMBLY & SEGMENTATION

Nextech3D.AI Corp. has learned that U.S. Patent and Trademark Office (USPTO) has informed of its decision to issue a patent for its technology to assemble and segment parts for 3-D CAD files so that each 3-D part can be textured individually. This technology is currently having success and being used on the Toggle3D.AI platform. This is another patent which the company believes is pivotal to Nextech3D.AI's artificial intelligence technology stack as it builds a moat around its 3-D model making for e-commerce business with industry expertise and intellectual property; which includes its generative pretrained transformer AI powered 3-D model generation. This patent approval reinforces and validates Nextech3D.AI's commitment to increasing shareholder value by investing in 3-D-AI and GPT patents and solutions.

USPTO has sent a letter to the company stating that the patent will be issued.

Title: Three-dimensional (3-D) model assembly

Previous patents issued and approved:

April, 2024: Three-dimensional (3-D) model generation from two-dimensional (2-D) images

In December, 2023, Nextech3D.AI announced the grant of a patent by USPTO for 3-D model generation from computer aided design (CAD) data.

About Nextech3D.AI Corp.

Nextech3D.AI is a versatile augmented reality and AI technology company that utilizes its proprietary artificial intelligence (AI) to craft immersive 3-D experiences at scale for e-commerce. The company's primary focus lies in creating high-quality 3-D WebAR photorealistic models for Amazon and various other on-line retailers. Nextech3D.AI has adopted a unique approach to creating shareholder value beyond its operating business of creating 3-D models.

The company also develops or acquires disruptive AI-technologies, which are subsequently spun out to shareholders as stand-alone public companies. This spin-out strategy allows Nextech3D.AI to issue stock dividends to its shareholders while maintaining significant ownership in the public spinout, without dilution to the parent company Nextech3D.AI.

We seek Safe Harbor.

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