Nanoveu (ASX: NVU) Shares Surge 13% on Latest Technological Innovations and Strategic Distribution Deal

December 23, 2024 11:37 AM AEDT | By Team Kalkine Media

Nanoveu (ASX: NVU) Shares Surge 13% on Latest Technological Innovations and Strategic Distribution Deal — Image source: Shutterstock

AI-Driven 2D-to-3D Content Conversion App

Nanoveu unveiled its latest AI-enhanced smartphone apps, available for iOS and soon for Android, that convert standard 2D images and videos into immersive glasses-free 3D visuals. This innovation eliminates the need for expensive hardware like Apple’s Vision Pro headset (USD 3,499).

Priced at an accessible USD 35, the EyeFly3D app offers real-time 2D-to-3D conversion, enhancing live video calls and streaming services with interactive 3D capabilities. Leveraging dual-camera systems, such as those in Apple’s latest iOS updates, the app integrates seamlessly with Spatial technology to create a first-of-its-kind glasses-free 3D experience.

Key Benefits for Customers and Partners:

Platform and Content Diversification: Partners can monetize mundane 2D content by offering subscription-based models, exclusive 3D content, and interactive features tailored for specific audiences.
Real-Time Conversion with AI: Enables live 2D-to-3D conversion for video calls and streaming, boosting partner margins and creating unique value propositions.
Hardware Integration: Partners can offer additional hardware add-ons like smart displays and outdoor advertising screens, broadening revenue streams.

South Korea Distribution Agreement

Nanoveu also announced an exclusive distribution deal with Rahum Nanotech for its EyeFly3D™ products in South Korea, effective until December 2026. The agreement is contingent on Rahum meeting minimum purchase order targets. This collaboration strengthens Nanoveu’s market reach and positions it for growth in the competitive South Korean tech market.

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