Arrive AI reports Q3 EPS (7c) vs. (3c) last year

Reports Q3 revenue $7,450 vs. $0 last year. “During the third quarter, we made solid progress along our 2025 strategic and operating roadmap, building out our talent pool, completing phase one work with Hancock Health, and broadening our roster of strategic partnerships,” said Arrive AI (ARAI) CEO Dan O’Toole. “These are important steps forward along our value-creation strategy. We aren’t simply building a product at Arrive AI. We are building a system that has the potential to solve a $440 billion infrastructure problem in the last inch and drives measurable returns by reducing carrier operating costs and eliminating failed deliveries. We look forward to coming changes in the U.S. regulatory environment that enable autonomous operations, particularly following the FAA’s proposed Beyond Visual Line of Sight rule and Governor Braun’s Indiana Initiative for Drone Dominance Task Force. Arrive AI’s platform enables full chain-of-custody, tracking every delivery from arrival through authenticated retrieval, and our Arrive Points are equipped with climate-assist technology for sensitive goods like pharmaceuticals and grocery items, and they integrate with smart home and smart city systems. Collectively, these components form the nervous system of autonomous logistics, one that ensures packages arrive securely, intelligently and precisely where they’re needed, with the intention of operating within coming regulatory standards.”