• ARway (ARWY) has signed five new deals for its Software Development Kit (SDK)
  • Clients include MPSKIN, The TRIBE, Suggesto, ENCORE EAS and Rayqube
  • The deals range in size from $600-$10,000
  • CEO Evan Gappelberg spoke with Coreena Robertson about the news
  • ARway is an artificial intelligence and augmented reality navigation platform for the real-world metaverse
  • ARway (ARWY) is down by 2.78 per cent trading at $1.05 per share

ARway (ARWY) has signed five new deals for its Software Development Kit (SDK).

New deals

  • MPSKIN, an SDK Partner, is using the ARway platform for existing map management of virtual tours and implementing new augmented reality (AR) tours at museums and art galleries
  • The TRIBE, an SDK Partner, is using ARway to build a custom AR-powered app for its marketing agency
  • Suggesto, an SDK Partner, is using ARway for a new experiential location-based game for its customers in Italy
  • ENCORE EAS, an entertainment technology provider, is using ARway in airports for wayfinding and guided tours
  • Rayqube, an SDK Partner, is an agency based in Dubai building an experiential AR app for select client locations

The deals range in size from $600-$10,000.

Since its SDK hit the market on January 31, 2023, the company has experienced considerable demand from resellers, brands and enterprise corporations, with emphasis on AR agencies.

ARway’s SDK contains code libraries and APIs for developers to build white label and private label mobile apps on both iOs and Android.

According to Technavio, the US$44 billion global indoor positioning and indoor navigation market will grow by US$23.03 billion from 2020 to 2025, with North America accounting for 40 per cent of that growth.

CEO Evan Gappelberg spoke with Coreena Robertson about the news.

ARway is an artificial intelligence and augmented reality navigation platform for the real-world metaverse. It enables AR-enhanced indoor navigation and wayfinding solutions for large, multi-purpose venues enabled by marker-based tracking with QR codes.

ARway (ARWY) is down by 2.78 per cent trading at $1.05 per share as of 10:05 am EST.


More From The Market Online

Canadian Transit security stock spreads its U.S. reach

Gatekeeper Systems Inc. (TSXV:GSI) receives a C$645,000 purchase contract from Cascades East Transit in central Oregon.

Top crypto stocks and ETFs to consider before the Bitcoin halving

Read about 10 of the highest-performing Bitcoin stocks and ETFs leading up to the cryptocurrency's April 2024 halving.

Netflix trounces subscriber growth estimates in Q1 2024

Netflix (NASDAQ:NFLX) added 9.33 million subscribers in Q1 2024, almost double the consensus forecast of analysts polled by LSEG.