Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a provider of virtual and augmented reality (“AR”) experience technologies and services for e-commerce, education, advertising, conferences, and events, jointly received government funding of up to $150,000 alongside Ryerson University. The amount, awarded by the Virtual Learning Strategy’s eCampusOntario (an initiative of the Ontario Ministry of Colleges and Universities), was in recognition for the partners’ efforts in creating and delivering AR learning experiences within the postsecondary education sector. A recent article quotes Nextech CEO Evan Gappelberg as saying, “With the help of the Ontario Government — who shares our vision of augmented reality, immersive learning — we are delivering on our goal to transform higher education.” The article further reads, “Hailing AR and education as a perfect marriage, Evan went on to explain that this combination is bound to play a vital role in learning environments globally, especially given that AR solutions have continued gaining traction in multiple industries.”
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About Nextech AR Solutions Corp.
Nextech develops and operates augmented reality (“AR”) platforms that transport three-dimensional (“3D”) product visualizations, human holograms and 360° portals to its audiences, altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences. Nextech focuses on developing AR solutions; however, most of the company’s revenues are derived from three ecommerce platforms, VacuumCleanerMarket.com (“VCM”), InfinitePetLife.com (“IPL”) and TruLyfeSupplements.com (“TruLyfe”), as well as VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon. For more information about the company, visit www.NextechAR.com.
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