NexTech AR Solutions Corp (OTCMKTS:NEXCF) (CSE:NTAR) told investors Friday that one of the biggest firearms distributors in the US has adopted the company’s AR in its business.
The deal with Davidson’s Inc is the first signup of NexTech’s expansion contract with gun manufacturer Walther Arms to provide its dealers with the firm’s WebAR 3D experience, which was announced last week.
Toronto-based NexTech plans to work with Davidson’s, which distributes Walther, Smith & Wesson, Glock and Colt, among others, to incorporate web-based AR into the firearms industry.
READ: NexTech AR Solutions amps up AR augmented reality deal with gunmaker Walther Arms
Walther has agreed to cover the cost for their top 25 dealers to adopt AR and in particular the PPQ M2, NexTech told investors in a statement.
Davidson’s director of web and e-commerce, Dominic Romito said that the development and adoption of AR tech will go a “long way” to allowing customers to truly experience a product before they purchase.
“At Davidson’s, we are excited to incorporate Walther’s Q5 Match AR model onto our product pages and believe that adopting this technology early will help the industry move forward as a whole,” Romito said in a statement.
“Working with Walther has been great as Walther has really shared our vision and has been the perfect customer and partner for NexTech,” said Evan Gappelberg, NexTech’s CEO.
“As Walther introduces us to Davidson’s, it really opens up our business model with Walther into their strong base of 5,000 global dealers and retailer network.”
Davidson’s and other dealers will be able to increase their customer engagement, add to cart rates, and revenue while reducing product returns, all visible and measurable through a real-time analytics dashboard, Gappelberg said in a statement.
“We are looking forward to continuing to expand our AR value proposition within the firearms industry with product training, which provides huge value and growth opportunities for both of our companies.”
Contact Angela at angela@proactiveinvestors.com
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