Nextech3D.ai wins major 3D modeling contract; CEO says momentum is building

Proactive - Interviews for investors

Nextech3D.ai CEO Evan Gappelberg talked with Proactive about a pivotal new enterprise contract that marks a turning point for the company's AI-driven 3D modeling business. The agreement involves the production of 5,000 3D models over 60 days, with expectations to scale up to over 100,000 models in the coming months. Gappelberg noted this could generate between $1.5 million and $2 million in revenue from a single customer. "This really does signal to our investors that the turnaround is here," said Gappelberg. He added that the customer is a software provider to e-commerce retailers, rather than a retailer itself, and that multiple retailers will be relying on Nextech3D.ai’s models through this channel. This could result in extended, multi-year revenue opportunities. Gappelberg also reflected on the company’s challenging journey over the past seven years, highlighting how early market entry and macroeconomic headwinds delayed adoption. However, the company’s persistence in AI and 3D modeling investments is now paying off. He detailed a strategic overhaul in 2023 that reduced annual burn from $27 million to $500,000, a 98% reduction. Operational consolidation, focus on scalable SaaS, and enhanced AI integration now allow Nextech3D.ai to deliver models at higher margins—up to 95% for some platforms. Looking ahead, the company expects to reach cash flow break-even in 2025 and is targeting profitability in 2026. Gappelberg emphasized the renewed momentum, with other contracts also in the pipeline. Visit Proactive’s YouTube channel for more videos, and don’t forget to give this video a like, subscribe to the channel, and enable notifications for future content. #Nextech3DAI #3DModeling #AItechnology #EcommerceInnovation #DigitalTwins #SaaS #EnterpriseTech #TechTurnaround #AIinRetail #ProactiveInvestors