Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) said it has secured a new enterprise contract valued at $150,000 for the production of 5,000 photorealistic 3D models.
The Toronto-based technology firm said the models are expected to be delivered within 60 days.
The deal follows an intensive multi-week testing phase and highlights the scalability of Nextech’s proprietary artificial intelligence technology, the company said.
“We are excited to embark on this pivotal enterprise engagement, which positions us to showcase both the scalability of our AI platform and the precision of our highly skilled 3D production team,” CEO Evan Gappelberg said in a statement. “This is a clear validation of the rock solid infrastructure and proprietary AI technology we've built.”
To meet delivery timelines, Nextech3D.ai said it is integrating directly with the client’s systems to enable seamless collaboration. Its AI technology will automate the mesh creation for each model, while its production team will finalize quality control.
The latest contract builds on recent momentum for Nextech3D.ai, which earlier this month announced a separate $175,000 deal for 3D modeling services.
"This new contract along with our previously announced enterprise deals signals a new era of growth in 3D for Nextech3D.ai," added Gappelberg.
“With AI now at the heart of our production pipeline and demand growing from enterprise-scale customers, we're perfectly positioned for growth.”