Arrive AI News+
Your source for the latest company and industry news, insights, and updates.
Arrive AI Has Filed a Registration Statement with the SEC in Connection with The Direct Listing of The Company's Securities on Nasdaq; Expects to Trade as ARAI in 2025
INDIANAPOLIS, Dec. 30, 2024 /PRNewswire/ -- Arrive AI, an autonomous delivery solutions provider anchored by patented artificial intelligence (AI)-powered Arrive Points, today disclosed that details of its planned direct listing on the Nasdaq are now publicly available. The Fishers-based company expects to trade under the symbol "ARAI" subject to Nasdaq's approval of its listing application, SEC clearance and the effectiveness of the company's registration statement.
Arrive AI Revolutionizes Healthcare Logistics with Smart, Secure Delivery Hubs
INDIANAPOLIS, Dec. 9, 2024 /PRNewswire/ -- The need for innovative solutions has never been more urgent in the global healthcare industry, which is grappling with critical labor shortages and increasing demands for efficiency.
Arrive AI is developing a solution for both through patented technology that will enable savings in $62+ billion medical supply delivery industry and provide more time for direct patient care.
Arrive AI Announces Share Price Increase to $3.25 as Nasdaq Listing Approaches
October 15, 2024 — Fishers, IN — Arrive AI, a leader in autonomous delivery solutions, today announced that its share price has increased to $3.25 per share, effective immediately. This comes as the company accelerates its preparations for a Q4 2024 direct listing on the Nasdaq, marking an exciting chapter in its growth journey.
Arrive AI: Autonomous Delivery will Transform, Not Replace Jobs
Because the $136.6 billion U.S. package delivery industry is ripe for automation, many sector workers fear being outsourced by smart machines. The World Economic Forum predicts that by 2025, 85 million jobs may be displaced by a shift in the division of labor between humans and machines. Citing that same reference, which goes on to predict 97 million new roles will emerge, logistics disrupter, Dan O'Toole encourages investment in upskilling industry workers and for those people to look for opportunity.
Arrive AI Shares Still Available at Ground Floor Pricing – Set to Increase Soon
As Arrive AI prepares to take its innovative autonomous delivery solutions to the public market, now is the time for early investors to seize the opportunity. Currently, Arrive AI shares are available at $3.04 per share, but the price is expected to rise to $3.25 per share on or soon after October 15th. This price increase will occur as the company readies itself for its direct listing on the Nasdaq, scheduled for Q4 2024.
Arrive AI Successfully Tests Fully Automated Drone Delivery at Artomobilia 2024
CARMEL, Ind., Sept. 10, 2024 /PRNewswire/ -- In what was reviewed as a "super cool" demonstration last weekend, a winner of last weekend's ARTOMOBILIA received his trophy by drone delivery to an Arrive AI mailbox. What neither he nor other attendees realized was that the transaction was fully automated.
Demo showcased company's - and perhaps the world's - first ever delivery between two autonomous devices
Arrive AI Announces Ticker Symbol Change to "ARAI" as It Prepares for Nasdaq Direct Listing
INDIANAPOLIS, August 27, 2024/PRNewswire/
– Arrive AI, an autonomous delivery platform for modern-day logistics and mail service, today announced a change to its Nasdaq ticker symbol. As part of its ongoing rebranding efforts and alignment with its strategic vision, the company will be transitioning from the previously secured ticker symbol "ARRV" to the new symbol "ARAI."
Tech Startup Demonstrates New Ways to Speed up Emergency Response Times and Save Lives
Roane County, Tenn. – (August 15, 2024) – Dozens of members of the Roane County Rescue Squad, police officers, firefighters and other first responders volunteered their time recently to conduct mock emergency scenarios to test new technology that could potentially save millions of lives.
Arrive AI Bolsters its Team with 2 World-Class Additions
John Gallina (pictured right), former Executive Vice President and Chief Financial Officer of Elevance Health, and Jim Brainard (pictured left), former mayor of Carmel, Ind., have joined Arrive AI. Gallina joined the board of directors and will chair the Audit Committee, and Brainard will lead the company’s municipal partner development efforts.