Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced that it has secured a $1.8 million 3D modelling contract with a Nasdaq 100-listed client.
The company, which is a 3D model supplier for Amazon, P&G, Kohls, and other major online retailers, said the deal provides significant revenue to be delivered in 2024 and showcases its position as an industry leader in 3D modelling for e-commerce.
"This $1.8 million deal is not just a testament to Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF)'s technological prowess but also to the rapidly growing importance of 3D modeling in e-commerce, and demonstrates the scalability and adaptability of Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF)'s technology,” CEO Evan Gappelberg said in a statement.
“We are focused on large enterprise deals in an effort to ramp up our revenue base and solidify Nextech3D.AI's position as a leader in the field of 3D and AI for e-commerce."
The CEO highlighted that Nextech3D.AI has been at the forefront of the shift from 2D static image to immersive 3D images, utilizing augmented reality and cutting-edge generative AI technology to create photo-realistic 4K 3D models that cater to the specific needs of major e-commerce companies.
“Nextech3D.AI is seeing demand from around the globe and is currently negotiating with three additional enterprise clients that are in the six and seven figure range,” he said.
Nextech3D.AI is a versatile augmented reality and AI technology company that utilizes its proprietary AI to craft immersive 3D experiences at scale for e-commerce.