ARway Corporation (CSE:ARWY) has announced that it has won a pilot contract with the largest car rental network in South America, with over 452 locations.
The AR navigation will initially be for travelers renting cars in branches located in airports and off-airport locations. The airport navigation is set to officially launch in Q2 2023, and once launched travelers from all over the world will be able to experience the convenience and ease of ARway navigation.
In a statement, ARway CEO Evan Gappelberg commented: “ARway’s mission is to make navigation simpler, faster, and more convenient for various clients across a multitude of industries. We are thrilled to be launching AR navigation in our first international airport, as this is a very strong use case for the ARway platform. This technology will revolutionize the way people navigate airports, making their travel experience smoother, quicker, and more enjoyable. We are excited to be a part of this new era of navigation.”
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The contract Initially has ARway launching at a single international airport, allowing travelers 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 wayfinding from baggage pickup to the transport depot, which includes car rentals, bus stops, Uber, etc. The partnership is for a single project at the branch in an airport in São Paulo. With the success of this project, a system-wide expansion to over 450 locations is planned.
The client's integrated platform is comprised of Car and Fleet Rental Divisions and an efficiency area responsible for selling used cars. The Car Rental Division is comprised of 219,406 cars, 13.2 million clients, 454 locations in Brazil, 78 franchisees’ abroad, and 7,582 employees.
ARway charges $600-$10,000 depending on the size of the pilot. After the pilot is completed (30-90 days) the company charges $30,000/ annum plus .01 per square foot.
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.
This project is one of many that ARway aims to bring to the transportation industry by utilizing ARway’s AR immersive navigation and wayfinding solutions, aimed at enhancing the passenger experience and making navigation to points of interest within the airport more efficient and interactive.
ARway is an AI-powered augmented reality navigation platform for he real-world metaverse. It enables AR-enhanced indoor navigation and wayfinding solutions for large, multi-purpose venues enabled by marker-based tracking using QR codes. Visitors can access a venue map by scanning a QR code with their smartphone upon entering the venue to navigate to any Point of Interest (POI) with step-by-step directions, learn information about those POIs, and interact with rich AR content and experiences along the way.
The ARway offering has an unlimited number of use cases for augmenting physical spaces in the metaverse, consisting of indoor navigation with AR activations to improve the visitor experience in large and complex spaces. With value propositions spanning multiple industries and use cases, ARway leverages Nextech’s 3D/AR technology solutions to new substantial markets, for use by creators, brands, and companies.
Contact the author at jon.hopkins@proactiveinvestors.com