This is an important technological advancement for ARway because it can now leverage LiDAR technology to produce a highly detailed 3D digital twin for use by Creators in its Map Studio Portal, as well as an information-rich point cloud to localize with. See Video of a LiDAR scan in the ARway Web Studio - click here LiDAR provides a much more dense point cloud than video to point cloud technology producing a hyper-accurate model of the environment scanned. LiDAR is a breakthrough technology whose sensors are able to create precise three-dimensional images of the environment, and to measure distances and the velocity of road-traffic participants, obstacles, and pedestrians which is why all major car manufacturers are investing billions into LiDAR for self-driving EV cars. This move to LiDAR technology enhances the ability of ARway to create high quality meshes and spatial mapping solutions, setting the stage for ARway’s leadership position in the rapidly-growing wayfinding and spatial computing market. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce that ARway, a no-code spatial computing platform for the real-world metaverse, is now adopting LiDAR technology to create hyper accurate meshes for its metaverse spatial mapping software.
TORONTO-( BUSINESS WIRE)- Nextech AR Solutions Corp.
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