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Tech

ARway.ai signs new international deals as developer growth jumps

ARway.ai (CSE:ARWY, OTCQB:ARWYF) has unveiled two new software-as-a-service deals with companies in Spain and Saudi Arabia, as adoption of its augmented reality (AR) navigation platform grows.

Saudi Arabian internet of things navigation solutions expert Atmatah Location Automation has signed a deal to use ARway.ai (CSE:ARWY, OTCQB:ARWYF)’s platform for prototype AR navigation products.

Spanish medical training institution Hospital Virtual Valdecilla is to create draft AR products for the industry through a six-month subscription deal in the meantime.

“These partnerships underscore ARway.ai's commitment to enhancing spatial computing across various sectors and use cases, reaffirming its position as a leader in AR technology integration,” the company said in a press release on Tuesday.

Following the deals, ARway.ai has over 3,700 subscribers, alongside 58 developers using its platforms through such software-as-a-service agreements.

This marks a 200% increase on the last quarter, ARway.ai said, with partner numbers doubling to 7 in the meantime.

“By joining forces with Atmatah Location Automation and Hospital Virtual Valdecilla, ARway.ai is not just expanding its global presence but also showcasing the versatility and transformative potential of its platform,” the firm added.

Alongside this, ARway.ai said multiple new student plan subscriptions had been signed with universities around the world, aimed at aiding students’ research.

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