Nextech3D.AI sells Map Dynamics to ARway.ai for $1.2M and 4M shares, refocusing on AI-driven 3D modeling.
Nextech3D.AI has completed the sale of Map Dynamics to ARway.ai, focusing on its AI-driven 3D modeling technology. The divestment of the non-core floor plan mapping software unit advances Nextech3D.ai's 3D modeling and AI technology, while also enhancing ARway.ai's financial standing. The transaction involves Nextech3D.ai receiving 4 million shares in ARway.ai in exchange for $1.2 million.
May 28, 2024
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