We believe that Toggel3D will drive a significant amount of revenue and value for Nextech shareholders as we are quickly moving out of Beta where we are getting incredibly positive feedback, to a full commercial launch later this month." According to BIS Research, the CAD market, quantified by the amount spent on the creation of CAD files, is projected to reach $11 Billion dollars by 2023.ĬEO Evan Gappelberg commented, "I’m super excited with these new developments of our flagship SaaS platform Toggle3D which is set to disrupt the $11 billion CAD market. The Company believes that Toggle3D is the first platform of its kind, and this break-through SaaS product is a potential game changer for the manufacturing and design industry, as it provides a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale. Launched in September, Toggle3D is an AR enhanced standalone web application which enables product designers, 3D artists, marketing professionals and eCommerce site owners to create, customize and publish high-quality 3D models and experiences without any technical or 3D design knowledge required. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce multiple platform development updates to its Toggle3D Design Studio. Toggle3D eliminates the complexity of texturing 3D models.Toggle3D Supports NEW File Formats & Expanding CAD Conversion Capabilities.Toggle3D is introducing break-through PBR material creation flows that reduces the material creation time from days to minutes.
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