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ARway Corporation (OTCMKTS:ARWYF) Stock Gains Momentum: Here is Why

Madison Hall , , , ,

There are many companies which are fast emerging as disruptive forces in niche industries and one of those is ARway Corporation (OTCMKTS:ARWYF). The company has been a disruptor in the augmented reality Wayfinding space with its no beacon, no code augmented reality experience platform by way of visual marker tracking.

Trading Data

On Tuesday, ARWYF stock rose 0.32% to $0.6093 with 6.77K shares, compared to volume of 9.76K shares. The stock moved within a range of $0.5808 – 0.6281 after opening trade at $0.6138.

ARway.ai Announces Magic Leap AR Glasses Integration

Yesterday, the company was in the news after it announced that it had started the integration development process and expected to conclude the process in the coming 60 days for Magic Leap Glasses, one of the most widely used augmented reality glasses at the moment.

Magic Leap Glasses are an immersive enterprise AR device which integrate the real and the virtual worlds for the purpose of creating a unique immersive user experience. The glasses also use advanced technologies like eye tracking, 6DoF and spatial sound for the purpose of providing users with the tools to interact with digital content in a real world setting.

In this regard, it should be noted that Magic Leap is a high value project and has received funding to the tune of billions of dollars from investors like Alibaba and Google among others. That also indicates the sort of value the technology may command eventually.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.