Company: ARAI
Filing Date: 2025-03-24
Form Type: S-1/A
Source: 0001641172-25-000350
Chunk: 79

Company: Arrive AI Inc.
Filing Date: 2025-03-24
Form: S-1/A
Chunk 79
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 AI and ML models. These enhanced models are expected to deliver improved customer experiences by optimizing delivery routes, predicting maintenance needs, and generating actionable insights for operational improvements. However, these outcomes depend on meeting deployment scale and utilization targets, and there is no guarantee that such adoption or data accumulation will occur as projected.

On January 24, 2023, we entered into a Design Engineering Services Agreement with HUSH Aerospace, LLC (“HUSH”), engaging HUSH to modify and integrate HUSH 1400X8 drones with our smart receptacles. HUSH agreed to provide two custom drones, integrating our branding, API connectivity, and an ultra-precision landing system. We agreed to pay HUSH an aggregate of $150,000 in exchange for the products and services the latter agreed to provide, payable in three equal installments with the first $50,000 paid for Hush’s work to commence, the second payable when the first drone is delivered and the third payable when the second drone is delivered. This agreement can be either terminated for convenience by either party with 30 days’ written notice, or for cause for the non-defaulting party when the defaulting party fails to timely correct non-performance upon notice. We agreed to pay HUSH for the services the latter provided up through the termination date. A copy of the Design Engineering Services Agreement is filed as Exhibit 10.3.

On October 20, 2021, we entered into a Memorandum of Understanding with Helium Systems Inc. (“Helium”), outlining a commercial partnership to integrate Helium’s LoRaWAN network into our smart receptacles for improved connectivity and monitoring. We agreed to deploy Helium network coverage and sensors in our receptacles, beginning with a pilot deployment in Indianapolis, IN. The agreement provides for ongoing technical collaboration, post-deployment support, and potential expansion to additional locations. Either party may purchase additional services at its discretion. We agreed to pay Helium all data credit fees at a rate of $0.00001 per 24-byte payload. A copy of the Memorandum of Understanding with Helium is filed as Exhibit 10.4.

These agreements align with the Company’s strategic objective of enhancing its smart receptacle ecosystem, expanding network connectivity, and integrating drone-based delivery services. By partnering with Helium for IoT connectivity and HUSH for drone integration, we strengthen our position in the last-mile delivery industry, fostering innovation, operational efficiency, and market expansion.

Intellectual Property

Arrive AI’s innovation leadership began under our former name Droned