Nextech Set to Aquire Spatial Computing Company 'ARway'
Niko Pajkovic — August 12, 2021 — Tech
References: nextechar & martechseries
Nextech AR Solutions Corp. has announced that it will acquire AR cloud-based 3D mapping startup ARway. The acquisition represents a recent move by the company to focus its efforts on the building for the Metaverse.
ARway is a Unity-based spatial mapping platform designed to assist companies with the creation of content for the Metaverse. It uses AI software to scan and recognize environments for "hyper-accurate location-based 3D mapping." ARway provides users with 'Augmented Reality Software Kit' that allows them to frame a digital world in a matter of minutes.
This acquisition is significant as it officially makes Nextech a Metaverse company, offering its own "mini-metaverse" to interested brands and companies. The company hopes to "create mini-metaverses based on geolocation like museums, corporate headquarters, theme parks, sports stadiums, University Campuses and more," said Evan Gappelberg, CEO of Nextech.
ARway is a Unity-based spatial mapping platform designed to assist companies with the creation of content for the Metaverse. It uses AI software to scan and recognize environments for "hyper-accurate location-based 3D mapping." ARway provides users with 'Augmented Reality Software Kit' that allows them to frame a digital world in a matter of minutes.
This acquisition is significant as it officially makes Nextech a Metaverse company, offering its own "mini-metaverse" to interested brands and companies. The company hopes to "create mini-metaverses based on geolocation like museums, corporate headquarters, theme parks, sports stadiums, University Campuses and more," said Evan Gappelberg, CEO of Nextech.
Trend Themes
1. Metaverse Building - The trend of building mini-metaverse for geolocations such as museums, corporate headquarters, theme parks, sports stadiums, and university campuses through spatial computing poses a disruptive opportunity for companies in the virtual reality space.
2. Spatial Computing - The rise of spatial mapping technology and augmented reality software kits for hyper-accurate location-based 3D mapping can create new disruptive innovation opportunities for real estate, architecture and construction industries.
3. AI-assisted 3D Mapping - The utilization of AI to improve the scan and recognition of environments for making hyper-accurate location-based 3D maps can disrupt the tourism, gaming, mapping, and geospatial industries as businesses create more immersive digital experiences.
Industry Implications
1. Virtual Reality - As Nextech aims to build mini-metaverse for geolocations, virtual reality companies can leverage this trend and expand their scope of services to cater to brands and companies that seek a digital world to reach their clients and customers.
2. Real Estate, Architecture and Construction - The rise of spatial mapping technology and augmented reality software kits can disrupt the real estate, architecture and construction industries by creating more efficient and cost-effective workflows in design and project management.
3. Tourism, Gaming, Mapping, and Geospatial - The AI-assisted 3D mapping technology can create significant disruptive innovation opportunities by leveraging hyper-accurate location-based 3D maps for delivering immersive and enhanced digital experiences for tourists, gamers, and map users alike.
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