Nextech (OTCQB: NEXCF) (NEO: NTAR.NE) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (“AR”) experience technologies and services for eCommerce, education, advertising, conferences and events, has inked a three-year deal with The Broad Institute of MIT and Harvard. Under the agreement, Nextech will host over a dozen seminars through its Virtual Experience Platform. An article detailing the announcement notes that the research institution “selected Nextech AR’s Virtual Experience Platform (‘VXP’) to host over a dozen seminars for its work on the human cell called ‘The Human Cell Atlas,’ comprehensive reference maps of all human cells – the fundamental units of life – as a basis for both understanding human health and diagnosing, monitoring and treating disease. Evan Gappelberg, CEO of Nextech, comments, ‘This contract with the Broad Institute of MIT and Harvard is extremely gratifying and a testament to how our platforms continually are being selected by the best-in-class.’”
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About Nextech AR Solutions Corp.
Nextech is one of the leaders in the rapidly growing augmented reality market estimated to grow from $10.7 billion in 2019 and projected to reach $72.7 billion by 2024 according to Markets & Markets Research; it is expected to grow at a CAGR of 46.6% from 2019 to 2024. The company is pursuing four verticals: Virtual Experience Platform (“VXP”), an advanced augmented reality and video learning experience platform for events; ARitize(TM) for eCommerce; ARitize 3D/AR advertising platform, the industry’s first end-to-end solution whereby the company will leverage its 3D asset creation into 3D/AR ads; and ARitize Hollywood Studios, a project that produces immersive content using 360 video and augmented reality as the primary display platform. For more information about the company, visit www.NextechAR.com.
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