ARway.ai (CSE:ARWY, OTCQB:ARWYF) has announced its participation in the Smart Airport Initiative managed by TM Forum, a global industry association, and based on the ACRIS semantic model (supported by Airports Council International) that standardizes data flow between connected systems.
The initiative aims to create a working solution that improves the major aspects of airport operations including reservations, passenger management, facilities management, baggage, access control, decision intelligence, and more.
ARway will be providing the technologies used for wayfinding, retail advertising, promotion of traveller amenities, etc, which will be accessed through a user’s mobile device. The project is expected to be live in the fall of 2023.
In addition to ARway, other partners in the program include Amazon Web Services, VANTIQ, FIWARE, Rockport Software, Intel, Mvine, Vodafone, Deloitte, Vertex, GS1, Heathrow Airport, DFW Airport, and other technology partners.
In a statement, Evan Gappelberg, ARWay.ai CEO commented: “We are extremely gratified to be chosen as the AR navigation standard for airports and to work on this airport project alongside the biggest names in technology. We see this as a huge positive step forward and as a major validation of our technology for our investors."
He added: “ARway will be providing the technologies used for wayfinding, retail advertising, promotion of traveler amenities and will be helping to set the standard for augmented reality assisted airport navigation globally.”
TM Forum is an alliance of 850-plus global companies working together to break down technology and cultural barriers between digital service providers, technology suppliers, consultancies and systems integrators. Its work is defined by members, which include 10 of the world’s top 10 network and communications providers and stretch across 180 countries.
ARway.ai is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) experiences for indoor spaces.
The company'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.
Contact the author at jon.hopkins@proactiveinvestors.com