logo-loader
viewNextech AR Solutions Corp.

NexTech AR secures $250K partnership to launch augmented reality remote learning platform with Ryerson University

The initial RALE launch will focus on first-year chemistry, biology and physics content, enabling 5,000 students to participate in AR learning experiences

Nextech AR hologram
The RALE virtual labs will include real-time collaborative Zoom sessions with lab technicians and fellow student lab partners complemented with AR lab exercises

NexTech AR Solutions Corp (CSE:NTAR) (OTCQB:NEXCF) announced Thursday that its InfernoAR video conferencing platform has been chosen by Ryerson University as the basis for a new augmented reality remote education platform.

NexTech will help launch the Ryerson Augmented Learning Experience (RALE) platform in a licensing deal worth C$250,000 with the potential for more revenue from additional AR services. The deal includes an annual license fee for the InfernoAR platform, an annual license fee for the Aritize white label app, plus a fee per AR lab, with an initial build of 20 labs.

Going forward, NexTech hopes to use the same business model to sign up other universities in Canada and elsewhere.

READ: NexTech AR appoints augmented reality expert Ori Inbar to its board of directors

The initial RALE launch will focus on first-year chemistry, biology and physics content, enabling 5,000 students to participate in AR learning experiences during the fall and winter terms. Ryerson, located in Toronto, has more than 46,000 students in total. 

“At Ryerson, we took the bold step of re-imagining a virtual lab,” Ryerson Faculty of Science dean David Cruffy said in a statement. “With inputs from staff, students and faculty we designed and developed a completely collaborative environment that ensures an immersive and fun learning experience for our students. The incorporation of augmented reality into the STEM learning environment will change pedagogy forever.”

Introducing RALE v1.0 - The Ryerson Augmented Learning Experience Platform from NexTech AR on Vimeo.

“A Ryerson student is a global citizen,” NexTech president Paul Duffy said. “What better way to transcend time and geography in today's Covid-culture than with augmented reality holograms on the InfernoAR platform?”

The RALE virtual labs will include real-time collaborative Zoom sessions with lab technicians and fellow student lab partners complemented with AR lab exercises that allow students to project into their home the lab materials required for each experiment.

“We are thrilled to be working with such an esteemed university as Ryerson,” NextTech CEO Evan Gappelberg added. “Covid-19 has created a huge challenge for learning institutions globally especially with labs where student and subject matter interaction is so critical to learning. Our InfernoAR platform is well suited to solve this challenge by offering not only video learning but augmented reality for 3D volumetric object interactions."

Contact Andrew Kessel at [email protected]

Follow him on Twitter @andrew_kessel

Quick facts: Nextech AR Solutions Corp.

Price: 5.9 CAD

CSE:NTAR
Market: CSE
Market Cap: $371.13 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Nextech AR Solutions Corp. named herein, including the promotion by the Company of Nextech AR Solutions Corp. in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

NexTech AR Solution add another client for InfernoAR signing Canadian Urban...

NexTech AR Solutions (CSE: NTAR-OTCQB: NEXCF) CEO Evan Gappelberg joined Steve Darling from Proactive to discuss the company bringing the Canadian Urban Transit Association on their InfernoAR Virtual Events platform. Gappelberg tells Proactive this organization was looking for something more...

1 day, 16 hours ago

2 min read