Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) told investors it had signed a slew of new deals and renewals for its 3D modeling business.
Recent renewals include with cycling merchandise company City Grounds, furniture and mattress supplier Surplus Furniture, UK-based mirrors and lighting supplier William Wood Mirrors, and X Rocker UK, the company said.
It has delivered more than 70,000 3D models to customers across various industries, it highlighted.
It expects to see “significant” growth in 2024 and beyond driven by client Amazon’s expanding platform for 3D models and augmented reality experiences.
Nextech3D.AI is also extending its reach into new markets such as brake pads, calipers, crossbows, power tools, pallet jacks, and more, it said.
Evan Gappelberg, Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO, said that the company is emerging as a leader in 3D AI eCommerce with its end-to-end integrated solutions, white-glove service, ability to scale production and large enterprise customers.
"Today, we are seeing more companies, both large and small, across many new industries interested not just in 3D AI models but also in 3D AI digital renders, which we now offer alongside our 3D AI models,” he said.
“This creates additional value from the 3D model itself. 3D AI and AR produce immersive shopping experiences that customers now expect in eCommerce.”