Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced the granting of three new patents by the United States Patent and Trademark Office (USPTO) for its AI-based 3D model generation technology.
These patents focus on innovative AI-based algorithms for 3D model generation, the company said in a statement.
That brings Nextech’s intellectual property portfolio to a total of five patents.
The newly secured patents include technologies for Three-Dimensional (3D) Model Generation from Two-Dimensional (2D) Images, Material Estimation for 3D Modeling, and 3D Model Assembly. These advanced AI algorithms are designed to enhance the scalability, cost-efficiency, and speed of 3D model production.
"We are at the forefront of a technological change where AI, AR, and 3D model creation are set to become foundational technologies shaping our future,” said Evan Gappelberg, CEO at Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF).
“With these patents, Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) is well-positioned in the market and focused on delivering substantial value to our shareholders."
The company’s patented AI algorithms are expected to play a pivotal role in delivering scalable and efficient 3D model solutions to a growing customer base.