ARway.ai secures $500,000 annual license agreement with Map D

ARway.ai (ARWYF) announced a partnership with Map D, an event technology company wholly owned by Nextech3D.ai (NEXCF). This strategic collaboration aims to disrupt the lucrative trade show industry through the introduction of ARway’s cutting-edge augmented reality indoor navigation system. Under the terms of the license agreement, ARway will receive monthly payments totaling $41,666 for a duration of 12 months, amounting to a minimum guarantee of $500,000. Furthermore, should sales exceed $500,000 within any 12-month period, ARway will be entitled to a 10% royalty. Throughout the term, ARway will deliver comprehensive customer support and technical assistance to ensure a seamless integration and optimal experience for all stakeholders.