ARway.ai The Spatial Computing
Company Launches Apple Vision Pro Compatibility and Early Access
for ARwayKit SDK
TORONTO, ON, Canada -- February 6, 2024 -- InvestorsHub
NewsWire -- ARway.ai (“ARway” or the “Company”) (CSE:
ARWY), (OTC:
ARWYF) (FSE: E65) is an AI powered Augmented Reality Experience
platform with a disruptive no-code, no beacon spatial computing
solution enabled by visual marker tracking with centimeter
precision is pleased to announce it has launched its
compatibility with Apple’s Vision Pro alongside the
revolutionary headset’s recent release on February 2. In addition,
the Company is now accepting submissions for their early access
list for the ARwayKit SDK for the Apple Vision Pro. The
user-friendly ARwayKit SDK will provide a cross-platform developer
tool across iOS and RealityOS enabling access to apps with
location-persistent AR content and immersive experiences across
both headsets and smartphones.
Watch a video demo of ARway x Apple Vision Pro - click
here
After years of anticipation, ARway is thrilled to announce
compatibility with the Apple Vision Pro - a revolutionary device
set to redefine augmented and mixed reality experiences. With
Apple’s Vision Pro, users can experience ARway’s cutting edge
technology like never before with its hands-free capabilities.
ARway leverages advanced spatial computing technology to merge the
digital and physical worlds, enabling users to navigate and
interact seamlessly. The Vision Pro form factor enhances the user
experience, providing a hands-free approach to augmented reality
and making every interaction more immersive and engaging, making it
a perfect fit with the ARway platform.
CEO Evan Gappelberg commented: "The long awaited, highly
anticipated Apple Vision Pro AR glasses are FINALLY here! We have
been waiting for this moment for years and we knew eventually this
moment would come. ARway’s compatibility with the Vision Pro is
game changer for the industry, marking the next step in hands-free
immersive experiences that blend the physical and digital worlds.
This is a huge opportunity for early investors to invest in the
next multi-decade multi-trillion dollar megatrend… which is spatial
computing and augmented reality technology.” He continued, “ARway
is purpose-built for the Vision Pro, and our Company is perfectly
positioned to capitalize on this opportunity and revolutionize the
way consumers interact with digital information. The Vision Pro
will augment the iphone, and will obtain mass adoption in the years
to come - which will be a MASSIVE boost for the augmented reality
industry. With ARway’s technology and the Apple Vision Pro, indoor
navigation will soon be as ubiquitous as outdoor navigation and
we’re excited to see ARway.ai out front as this tectonic shift
unfolds.”
The launch is accompanied by a new landing page on the ARway’s
website providing further information and details, and the Company
is also now accepting submissions for their early access list for
the ARwayKit SDK for the Apple Vision Pro. The user-friendly
ARwayKit SDK will provide a cross-platform developer tool across
iOS and RealityOS enabling access to apps with location-persistent
AR content and immersive experiences across both headsets and
smartphones.
Learn more about ARway and Apple Vision Pro - click
here
Join the Early Access List for the ARway SDK for Apple Vision
Pro - click here
In September 2023, ARway announced the Company
was selected to participate at Apple’s Vision Pro Developer Labs in
Cupertino, California. As a result, ARway completed a
first build of the ARway Platform on Apple's Vision Pro hardware
and realityOS operating system, which led to the delivery of
optimal performance on iOS devices and the seamless integration
into Apple's ecosystem.
When Apple announced the Apple Vision Pro would be available
beginning Friday, February 2nd, ARway began
experience an increase in global interest and deals, as the
Vision Pro has stoked demand for ARway’s spatial computing and
augmented reality navigation platform. Since then ARway has signed
multiple new deals including Suteki, Walk.app, African
Technopreneeurs, F3
Geomatic, Localiza, and more. ARway’s technology has various use
cases across a multitude of industries including stadiums and
venues, events and tradeshows, retail, museums, hospitality, real
estate, universities, hospitals, and more.
Shares for Services
The Company also announces today that in order to manage its cash
flow and reduce or possibly eliminate its dependency of raising
capital for payroll it has renewed its share purchase warrant
program that was originally announced last year, pursuant to which
it will issue an aggregate of 1,270,074 share purchase warrants
(the “Warrants”) to its service providers in connection with their
employment and/or consulting arrangements with the Company. Each
Warrant will be exercisable to acquire one common share of the
Company (an “Underlying Share”) at an exercise price of
CDN$0.53 for a period of one year. The Warrants will be
automatically exercised in equal monthly tranches on a pro rata
basis over the term of the Warrants, and the exercise price will be
satisfied by the monthly salaries otherwise payable by the Company
to the recipients of the Warrants. Upon exercise, the recipients of
the Warrants may opt to either receive the Underlying Shares, or
participate in a managed sale program to sell the Underlying Shares
on the open market and receive the cash proceeds. Any shortfall as
a result of participation in such a managed sale program will be
funded by the Company.
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To learn more about ARway, please follow on Social
Media: Twitter, YouTube, Instagram, LinkedIn,
and Facebook,
and visit our website: www.arway.ai
About ARway.ai
ARway.ai (CSE: ARWY) (OTCQB: ARWYF) (FSE: E65) is a spatial
computing platform powered by artificial intelligence (AI)
providing an array of augmented reality (AR) experiences for indoor
spaces. ARway's breakthrough no-code no-beacon IPNN allows for the
easy creation of navigation, tours, information sharing,
notifications, advertising and gamification. ARway works seamlessly
as a cross platform solution on iOS/ Android. ARway's technology is
optimized for both mobile devices and AR glasses: Apple's Vision
Pro, Magic Leap and Microsoft's HoloLens. ARway has unlimited use
cases for augmenting physical spaces, making it a valuable tool for
creators, brands and companies in various industries. The complete
ARway platform includes: the Web Creator Studio, the ARwayKit Software Development Kit
(SDK) and a mobile app for iOs and Android.
Nextech 3D.ai
On October 26, 2022, ARway.ai. was spun-out from its parent
Company, Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE:
1SS). Nextech retained a control ownership in ARway.ai. with
13 million shares, or a 50% stake. Nextech3D.ai is a Generative AI
powered 3D modeling Company and leading provider of augmented
reality (“AR”) experience technologies and 3D model services.
Nextech’s AI-powered 3D modeling platform, “ARitize3D” has
contracts with; AMZN, KSS, CB2, Genuine Parts & many
others. To learn more about Nextech3D.ai, visit www.nextechar.com
For further information, please contact:
Investor Relations Contact
Julia Viola
investor.relations@arway.ai
ARway.ai
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)
Forward-looking Statements
The CSE has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
Certain information contained herein may constitute
“forward-looking information” under Canadian securities
legislation. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as, “will
be” or variations of such words and phrases or statements that
certain actions, events or results “will” occur. Forward-looking
statements regarding the completion of the transaction are subject
to known and unknown risks, uncertainties and other factors. There
can be no assurance that such statements will prove to be accurate,
as future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements and forward-looking
information. ARway.ai will not update any forward-looking
statements or forward-looking information that are incorporated by
reference herein, except as required by applicable securities
laws.
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