Link to the patent online at USPTO site: patent # 11823328
Nextech3D.ai CEO
This patent enables Nextech3D.ai to increasingly capture a larger share of the rapidly growing 3D model creation business. There is growing demand for 3D product models for real-life, with increasing adoption of virtual reality with the META Quest and augmented reality with Apple's eagerly anticipated Vision Pro, which uses 3D models to display objects to users. Similarly, websites and mobile phones use 3D models to display products on e-commerce websites, which enables users to get a better sense of what the product looks like from all angles and perspectives.
Up until now, generating a 3D model was a time consuming process and required human intervention. However with Nextech3D.ai's patented technology, if a user has a CAD model of the product they can easily create a 3D model of the product and texture it in just a few minutes, which increases productivity and reduces costs thus giving Nextech3D.ai a competitive advantage.
Nextech3D.ai has already been using this patented technology implemented in the Company's Toggle3D product. In the Toggle3D platform, users as well as Nextech3D.ai itself can leverage this patented technology to convert CAD files into 3D designs and textures.
This patent approval recognizes Nextech3D.ai's technology capabilities as the Company is leading towards the future with AI technologies and innovation. Receiving this patent reinforces Nextech3D.ai's commitment to advancing 3D technology through innovation and AI-powered solutions.
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About Nextech3D.ai
Nextech3D.ai or the "Company," (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), is a versatile augmented reality and AI technology company that utilizes its proprietary artificial intelligence (AI) to craft immersive 3D experiences at scale for E-COMMERCE. The Company's primary focus lies in creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers. Nextech3D.ai has adopted a unique approach to creating shareholder value beyond its operating business of creating 3D models.
The Company also develops or acquires disruptive AI-technologies, which are subsequently spun out to shareholders as standalone public companies. This spin-out strategy allows Nextech3D.ai to issue stock dividends to its shareholders while maintaining significant ownership in the public spin-out, without dilution to the parent company Nextech3D.ai.
Notably, Nextech3D.ai successfully spun out "ARway," (OTCQB: ARWYF | CSE: ARWY | FSE:E65 ) its spatial computing platform, as a standalone public company on
Similarly, Nextech3D.ai accomplished its second spin-out launching Toggle3D.ai, (OTCQB: TGGLF | CSE: TGGL | FSE: Q0C ) an AI-powered 3D design studio aimed at competing with Adobe. The Company retains a 44% stake with 13 million shares in Toggle3D.ai Corp.
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Nextech3D.ai
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866-ARITIZE (274-8493)
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