Nextech3D.ai Sells Map Dynamics to Focus on Patented High-Margin Generative AI-powered 3D Modeling Technology

Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a leader in generative AI-powered 3D modeling technology for major e-commerce platforms, announced the sale of its Map Dynamics business. This move is aimed at specializing in its core AI 3D modeling operations. The divestiture to ARway (OTCQB:ARWYF)(CSE:ARWY) involves an exchange of four million shares valued over $1 million. This transaction raises Nextech3D.ai's ownership in ARway to nearly 50%, allowing it to benefit from ARway's and Map Dynamics' future growth without daily management.

This strategic pivot streamlines Nextech3D.ai's focus on its high-margin AI-powered 3D modeling sector, while also bolstering ARway’s financial position. The deal contributes approximately $1.2 million in revenue and $250,000 in free cash flow to ARway, enhancing its spatial mapping operations. The closing is expected in the first half of June.

This move underscores Nextech3D.ai's commitment to advancing digital commerce through innovative AI and 3D modeling technologies, reinforcing its role as a market leader in this space.