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Software & services

Nextech3D.ai renews cloud hosting deal with global e-commerce client

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF), a specialist in artificial intelligence-driven 3D modelling for digital retail, has renewed a hosting contract with a long-standing global e-commerce client in a deal valued at US$55,000.

The one-year agreement covers hosting for 2,400 photorealistic 3D models, as well as access to the company’s analytics dashboard and augmented reality features that allow online shoppers to visualise products in real-world environments.

The client first signed in 2022 and returned this year, citing “strong momentum and return on investment” from the platform.

The company said the contract reflects continued trust in its cloud-based AI platform.

“Our mission is crystal clear in 2025 as we continue to deliver the highest quality photorealistic 3D modelling and hosting solutions,” said Evan Gappelberg, chief executive. “Renewals like this demonstrate the ongoing trust and return on investment that our customers experience.”

The announcement follows a string of recent enterprise deals, including a US$175,000 3D modelling contract disclosed in mid-June.

Nextech3D.ai uses proprietary artificial intelligence to scale the production of 3D assets for use across retail and e-commerce, working with platforms such as Shopify, Amazon, BigCommerce and WooCommerce.

As online retailers increasingly turn to immersive digital experiences, the company said it is seeing renewed interest from both returning and first-time customers.

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