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Nextech3D.ai Reports Strong Start to 2026 With 50 New Customer Contracts Worth $230K, Driving Accelerating Adoption of Its AI Event Technology Platform
Accessnewswire· 2026-03-10 12:40
Core Insights - Nextech3D.ai has reported a strong start to 2026, securing 50 new customer contracts valued at approximately $230,000, indicating accelerating adoption of its AI event technology platform [1][1][1] Customer Acquisition - The company secured 50 contracts from first-time customers since January 2026, showcasing increasing market adoption of its AI-powered event technology platform [1][1] - The new customer contracts represent a total value of around $230,000, generated exclusively from new client acquisitions, excluding renewals or expansion revenue from existing customers [1][1][1] Financial Metrics - The average contract value for new customers reached approximately $4,600, reflecting a 73% increase from $2,641 in 2025 to $4,578 in 2026 [1][1] - These metrics highlight stronger demand for the company's platform and the increasing adoption of higher-value solutions by new customers [1][1] Market Demand - Management believes the growth in new customer acquisition reflects increasing demand for its event technology platform across various industries, including enterprise, consulting, government contracting, education, and professional organizations [1][1] - The company is onboarding globally recognized organizations such as Google, Microsoft, Deloitte, and General Dynamics, indicating a growing momentum in its enterprise sales pipeline [1][1] Strategic Focus - Nextech3D.ai aims to expand its global customer base, strengthen enterprise relationships, and continue scaling its AI-powered event technology platform worldwide [1][1]
Nextech3D.ai Expands AI Event Technology Into New Markets and Implements 20%-30% Enterprise Price Increase
Accessnewswire· 2026-03-05 12:30
Core Insights - Nextech3D.ai has expanded its AI event technology into new market verticals and implemented a 20%-30% price increase for enterprise offerings to support revenue growth and profitability [1] Market Expansion - The company has broadened its AI event technology platform to include outdoor fairs, music and food festivals, public events, multi-venue activations, and community-based events [1][1] - This expansion significantly increases the total addressable market in the global events industry without requiring substantial additional infrastructure investment [1] Product Offering Enhancement - Nextech3D.ai plans to deploy its full AI-powered event software stack, which includes event registration, ticketing software, AI voice automation, exhibitor management, and sponsor engagement solutions [1][1] - The company aims to cross-sell these solutions to increase average revenue per event and improve customer retention [1] Pricing Strategy - A 20%-30% enterprise price increase has been implemented across select offerings, reflecting the increasing value of the AI-enabled platform [1][1] - Management anticipates that this pricing adjustment will enhance operating efficiency and contribute to the path toward profitability [1] Business Model - Nextech3D.ai operates as a cloud-native AI software company, which provides scalability and resilience without reliance on overseas manufacturing [1][1] - The asset-light SaaS model is designed to adapt to dynamic market conditions [1] Strategic Focus - The company is focused on expanding its market reach, implementing pricing discipline, embedding AI automation, increasing average contract value, and improving operating efficiency [1][1]
Nextech3D.ai Launches "Nextech Event AI", a Unified AI Event Operating System For Its Fortune 500 Customers
Accessnewswire· 2026-01-22 12:30
Core Insights - Nextech3D.ai has launched Nextech Event AI, a unified AI-powered event operating system that integrates its platforms Eventdex, Map D, and Krafty Labs [1] - The new system aims to support existing enterprise Fortune 500 customers by connecting various event operations such as registration, engagement, spatial visualization, blockchain payments, and analytics [1] - The centralized data and intelligence layer of the system is referred to as the Company's Semantic Brain [1]
Nextech3D.ai Partners with BitPay to Power Crypto and Stablecoin Payments for Events
Accessnewswire· 2026-01-16 12:30
Core Insights - The company has completed its integration with BitPay, enhancing its blockchain payment capabilities [1] - Significant backend infrastructure upgrades have been made to strengthen the company's Phase 2 Blockchain Suite [1] - The upgraded infrastructure supports the company's flagship platforms: KraftyLab, Map D, and Eventdex [1] Company Developments - The integration with BitPay positions the company as a leader in blockchain payment services within the live event solutions sector [1] - The enhancements to the blockchain infrastructure are aimed at optimizing AWS cloud capabilities and ensuring smart contract uniformity [1] - The company is focusing on flexible asset standards, specifically ERC721 and ERC1155, to improve its service offerings [1]
Nextech3D.ai Announces CEO Evan Gappelberg Acquires 550,000 Shares of Company Stock In Open Market Buys
Accessnewswire· 2025-11-10 13:00
Core Insights - Nextech3D.ai, an AI-first technology company, focuses on AI event management, 3D modeling, and spatial computing [1] - CEO Evan Gappelberg has purchased 550,000 shares at an average price of $0.10 USD or $0.14 CAD per share, indicating strong personal investment in the company [1] - Gappelberg expresses confidence in the company's business prospects and believes the current share price does not reflect its potential upside [1] Company Summary - Nextech3D.ai operates through its flagship platforms, Map D and Eventdex, which are designed for AI event management [1] - The company specializes in 3D modeling and spatial computing, positioning itself in a growing technology sector [1] Investment Activity - The acquisition of shares by the CEO demonstrates a commitment to the company's future and may signal confidence to investors [1] - The average purchase price of $0.10 USD per share reflects the current market valuation and potential for growth [1]