Arway Corporation
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Evan Gappelberg
- Full Time Employees
- 29
- Sector
- Technology
- Industry
- Software - Application
- Address
- PO Box 64039 Toronto ON Canada M5J 2T6
- IPO Date
- Nov 4, 2022
- Website
- arway.ai
- Similar Companies
- Business
- Arway Corporation Arway Corporation (ARWYF) develops and operates a no-code, no-beacon augmented reality (AR) spatial computing platform that enables indoor navigation, wayfinding, and immersive experiences without hardware dependencies such as beacons or 360-degree scans. The company offers a comprehensive product suite including the ARway Creator Portal for web-based map creation, management, and analytics; the ARway App for map activation, calibration, and preview; and the ARwayKit SDK for developers to integrate AR navigation into custom iOS, Android, Unity, or native applications, supporting features like blue-dot positioning, curated tour paths, location pins, hotspots, 3D models, videos, audio, 3D text, and gamification. Its solutions cater to venues such as retail spaces, airports, universities, hospitals, museums, and events, with capabilities for interactive content, advertising, training, and location intelligence; the platform operates globally across regions including North America, Europe, the Middle East, and Latin America from its headquarters in Toronto, Ontario, Canada, where it was incorporated in 2022. Recent developments include the May 2024 all-stock acquisition of Map Dynamics, which added $1.2 million in annual revenue and $250,000 in EBITDA while integrating advanced 2D/3D interactive mapping, exhibitor management, and event technology to enhance ARway's offerings for trade shows and large venues; a migration to Amazon Web Services for improved scalability and performance; and a sales partnership with Closers.io to drive 50-100% revenue growth in 2025 leveraging an 85% profit margin model. In November 2025, Nextech3D.ai announced plans to reacquire all outstanding Arway shares not already owned through a three-cornered amalgamation, aiming to consolidate ARway's navigation technology with Map Dynamics into a unified AI-powered event suite, reduce costs, and accelerate development, with final terms under negotiation and completion expected subject to shareholder and regulatory approvals.
Company News
Arway Provides Supplemental Disclosure on Arway Acquisition
ARway Provides Update on Proposed Acquisition by Nextech3D.ai; Closing Expected in October 2026
Nextech3D.ai Provides Update on Acquisition of Remaining ARway Shares
Nextech3D.ai Provides Update on Acquisition of Remaining ARway Shares; Closing Expected in October 2026
ARway Corporation Announces Fiscal Year-End Change and Provides Update on Planned Nextech3D.ai Amalgamation
Nextech3D.ai to reacquire ARway in strategic move – ICYMI
Nextech3D.ai Announces Definitive Agreement to Acquire 100% of ARway, Streamlining Operations
ARway Corp. Announces Definitive Agreement for Nextech3D.ai to Acquire 100% of ARway Shares
Arway Announces Share Issuance
Nextech3D.ai and Arway Provide Business Combination Update
Arway Corp Announces Share Issuance
Nextech3d.ai Announces That ARway Corp Sees Strong +83% Increase in Revenue and Achieves First-Ever Profit For The Three Months Ended June 30, 2025 ("Q1 2026")
Nextech3D.ai advances event tech platform with plan to fully acquire ARway
Nextech3D.ai Announces Plans to Acquire 100% of AI Spatial Computing and Event Platform ARway, Streamlining Operations
ARway Corp Reports +277% Revenue Growth and 87% Reduction in Net Loss in Audited Financial Results
Nextech3D.ai's ARway launches hybrid navigation system for web, mobile and kiosks
Nextech3D.ai's AI Spatial Computing Platform 'ARway' Launches Industry-First Hybrid Navigation: Interactive Maps for Web, Mobile & Kiosks
Nextech3D.ai subsidiary ARway sees revenue soar after Map D integration - ICYMI
Nextech3D.AI sees ARway revenue surge following Map D integration
Nextech3D.AI Announces +257% Increase in Revenue Growth for ARway Following Map D Acquisition