Get the Latest Investment Ideas Delivered Straight to Your Inbox.

News Update


AR Tech Company Expands Deal with Manufacturer of James Bond PPK
News Update


The firm will now provide its Web-based, three-dimensional, augmented reality service to the client.

NexTech AR Solutions Corp. (NTAR:CSE; NEXCF:OTCQB) announced in a news release that it expanded its contract with existing client, Walther Arms, to provide its dealers with NexTech's WebAR 3D experience.

This development "marks a major acceleration of the adoption of NexTech's WebAR 3D product models," the release noted.

Walther is a weapons manufacturer with thousands of dealers. The Top 25 of them will be the first to get NexTech's three-dimensional, augmented reality technology for the Web.

Evan Gappelberg, CEO of NexTech, said, ďAs an early supporter and adopter of AR, Walther has really shared our vision and has been a great customer and partner for NexTech. Early on Walther has recognized the unique and powerful advantage augmented reality can have in the marketing and sale of its products. We are gratified to extend our relationship and business model with Walther into their 5000 strong global dealers and retailer network."

With the added e-commerce features, Walther's dealers will be able to increase customer engagement, add-to-cart rates and revenue and limit product returns, all of which can be tracked in real time through the included analytics dashboard, Gappelberg added.

"We are excited to offer our dealers a new form of support to separate Walther from the competition during the online shopping experience," Cody Osborn, marketing manager at Walther, said in the release. "AR allows customers to fully interact with Walther products, showing in detail the performance-leading features."


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: NexTech AR Solutions. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with NexTech AR Solutions. Please click here for more information.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this interview, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of NexTech AR Solutions, a company mentioned in this article.

Want to read more about Technology investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe