ARway Corp. Files First Provisional Patent In a Series for Digital Twin Technology - Seite 2

Creating digital twins of physical environments is a necessary reference for placing digital content accurately in AR environments, and ARway's technology provides a novel way to accomplish this. ARway creates the representative digital twin of a property by processing floor plans and architectural drawings as the reference. Floorplans are 2D by default and the ARway converts these artifacts for use in 3D environments by combining and transforming position data from the real world and image pixels of the floorplan in a 3D engine.

According to research from Technavio, the $44 billion global indoor positioning and indoor navigation (IIPIN) market will grow by USD 23.03 billion from 2020 to 2025, and the growth momentum of the market will accelerate at a CAGR of 33.21% during the forecast period. The market growth will be led by North America, as this region will account for 40% of the market's growth during the forecast period.

To learn more about ARway, please follow on Social Media: Twitter, YouTube, Instagram, LinkedIn, and Facebook, and visit our website: www.arway.ai

For further information, please contact:

Investor Relations Contact
Julia Viola
[e-mail]

ARway Corporation
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)

About ARway Corp
ARway is an AI powered 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 using QR codes. Visitors can access a venue map by scanning a QR code with their smartphone upon entering the venue to navigate to any Point of Interest (POI) with step by step directions, learn information about those POIs, and interact with rich AR content and experiences along the way.

The ARway offering has an unlimited number of use cases for augmenting physical spaces in the metaverse, consisting of indoor navigation with AR activations to improve the visitor experience in large and complex spaces. With value propositions spanning multiple industries and use cases, ARway leverages Nextech's 3D/AR technology solutions to new substantial markets, for use by creators, brands, and companies.

The ARway Platform Includes:

Web Creator Platform

The Web-Based Creator Platform provides 'advanced' authoring capabilities compared to the mobile app, including the ability for creators to upload their own OBJ/GLB files, and create their own 3D objects. Placing content in a large area using only mobile app required the user to physically be in the specific location which was unscalable. The web studio allows the user to place and author content remotely and at scale.