Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) earlier this week announced its plan to reacquire ARway, a move the company said was a strategic consolidation designed to unify operations, reduce redundancy, and support long-term revenue growth.
The company said ARway was originally incubated inside Nextech3D.ai before being spun out to develop independently. However, CEO Evan Gappelberg told investors that current market conditions and a revised platform strategy made full integration the best option.
Gappelberg said the reacquisition is not an arm’s length transaction, noting that Nextech3D.ai already holds a 40% stake in ARway, with company management holding a further 20%.
“It really is about streamlining our operations,” he said, adding that the deal would allow for cost savings and the consolidation of teams and technologies.
The company said ARway’s no-code, no-hardware AR navigation solution will now be integrated into its existing platform, mapD. It also noted that this unified offering would complement recent acquisitions such as Eventdex, creating an AI-powered system that includes matchmaking, registration, and ticketing functionalities.
Looking ahead, the company said it anticipates “triple-digit growth in 2026 and beyond.” Gappelberg said the integration opens up cross-selling opportunities among ARway’s more than 500 event clients. These customers will now have access to an expanded suite of services, including registration, ticketing, badge printing, lead retrieval, and AI matchmaking.
The company highlighted that the average order value for customers could increase from approximately $2,500 to as much as $50,000, significantly increasing revenue potential. Gappelberg added that the impact of the consolidation is already beginning to show and forecasted sequential growth leading into 2026.