Nextech3D.AI receives $175,000 contract for ARitize3D

Executive Summary

• Nextech3D.AI Corp. signed a three‑year enterprise subscription agreement for its ARitize3D platform valued at approximately $175,000.
• The contract covers 3‑D product modeling, augmented reality e‑commerce visualization, hosting and integration services for roughly 2,500 SKUs, with annual payments of about $58,000.
• Management estimates gross profit margins on the ARitize3D services at ~95 %, indicating a high‑margin revenue stream that complements its AI‑driven event technology business.

Key Details

• Contract Value: Approx. $175,000 for a three‑year term.
• Annual Payments: ~ $58,000 per year (totaling the contract value).
• Scope of Services: 3‑D product modeling, AR visualization, platform hosting, and e‑commerce integration for ~2,500 SKUs.
• Platform: ARitize3D – Nextech’s AI‑assisted 3‑D modeling and augmented reality solution.
• Gross Margin Estimate: Management cites ~95 % gross profit margin on these services, subject to variation by production scope, SKU volume, and hosting needs.
• Revenue Recognition: Income from the agreement will be recognized per Nextech’s existing revenue recognition policies (subscription‑based).
• Strategic Context: The deal adds a recurring, high‑margin revenue stream while the company continues to focus on its core AI event‑technology platforms (Eventdex, Map D, Krafty Labs).

Notable Quotes

“This agreement reflects continued demand for 3‑D product visualization and augmented reality technologies in the global e‑commerce sector,” said Evan Gappelberg, CEO of Nextech3D.AI.
“While our primary focus remains on scaling our AI‑powered event technology platforms, our 3‑D modelling and AR e‑commerce solutions continue to generate additional revenue through subscription‑based platform services.”