Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) said it signed a renewal and expansion 3D modeling deal with an enterprise customer.
The first contract is for a 12-month extension to host thousands of 3D models that Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) created for the customer last year while the second contract is to create an additional 550 3D product models. The contracts are worth around $150,000 annually.
The company said the client operates in industries including retail, shopping malls, entertainment, and real estate and is a major player in the Middle East, North Africa, and Central Asia region.
“Today's news is just one of what we believe to be many enterprise deals and yet another building block for our company. In 2023, we are very focused on capturing market share within the Amazon marketplace and becoming the dominant 3D model supplier for the global ecommerce industry,” CEO Evan Gappelberg said in a statement.
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