The Dan Show

From NASDAQ Debut To Peachtree Corners: How Arrive AI Scales The Last Mile

Dan O'Toole Season 1 Episode 17

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0:00 | 24:23

We share how Arrive AI moves from vision to installations, highlight a smart city launch at Peachtree Corners, and welcome FedEx veteran Laurie Tucker to our board to tackle the high cost of last-mile logistics. We also clarify share splits, celebrate new partnerships, and preview plans for a NYC celebration.

• smart city installation at Curiosity Lab in Peachtree Corners
• 5G connectivity enabling secure, low-latency delivery hubs
• Laurie Tucker joins the board with 35 years at FedEx
• last-mile cost drivers and how secure pickup points help
• governance depth across USPS, telecom, robotics, and legal
• share splits explained and public market transition clarity
• pharmacy delivery use case with chain of custody
• revenue milestone with Hancock Regional Hospital
• investor resources across website, email, and socials
• NYC celebration targeted for July 3 with swag and a record attempt

We’re targeting July 3 for our NYC celebration. We’re going to have an epic party and tons of swag—watch our channels for the confirmed date and come celebrate with us.

Hosted by Dan O'Toole

Open And Momentum Check

SPEAKER_02

Another day for a Dan show. We've had so many awesome announcements lately. Um, boy, the last two weeks has been going fast. Amazing. Yeah.

SPEAKER_01

Turbulent.

SPEAKER_02

Yeah. We are going to have a special guest today. So stick around for that. Yeah. You're going to want to meet her.

SPEAKER_01

That's right.

SPEAKER_02

But until then, we've got a lot to get to.

SPEAKER_01

Hey, we've been going with a lot of rapid fire dances, right? Yes. But we've got a lot of exciting things, right? Mm-hmm. Yeah. So what do we have?

SPEAKER_02

Well, first, um, do you want to get to addressing some questions or do you want to talk about fun announcements first? Which way you want to go?

SPEAKER_01

I think fun. You always go with it. Let's go fun first. Let's go.

SPEAKER_02

Just this morning, let's start with the newest stuff.

Peachtree Corners Smart City Installation

SPEAKER_02

We sit on a press release announcing our installation outside a Curiosity Lab in Peachtree Corners, Georgia. This is huge. If you don't know anything about Peachtree Corners, please Google it and look it up. I actually linked it into the email that went out today just about the smart city component. They are leading the way in innovation and smart city um infrastructure. And we're now part of that.

SPEAKER_01

There's some, there's a really big company working with this too, right?

5G Partnerships And Visibility

SPEAKER_02

There is. We have a bigger announcement coming at some point, um, working on some things, but uh T-Mobile is one of the residents inside of Curiosity Lab. And so it's been interesting because they're um providing the 5G that will help power the arrive point. Um, so it's just really neat to see how these installations grow our potential partnerships and just our name in general, getting it out there.

SPEAKER_01

Yeah. Uh Arrive AI working with T-Mobile, working with the city, uh Peachtree Corner, Smart City, a lot of exciting things happening. Uh, you know, going public has really put us on the on the map, right?

SPEAKER_02

Yeah. Yeah.

SPEAKER_01

Great credibility, access to capital, everything that we knew would happen. It's happening.

SPEAKER_02

Yeah. So you know, um, former Carmel mayor Jim Brainerd, he was one of uh Carmel, Indiana. Carmel, Indiana.

SPEAKER_01

Roundabout capital of the world.

SPEAKER_02

And it he really was

NASDAQ Credibility And City Outreach

SPEAKER_02

instrumental in putting Carmel, Indiana on the world map. He designed, yes, all the roundabouts, but so much more.

SPEAKER_01

He was safest city in the US, best place to live in the U.S.

SPEAKER_02

So many things. So he is um an advisor to Arrive AI.

SPEAKER_01

Yep.

SPEAKER_02

He's working very closely, and he says that since we have hit the NASDAQ, it's gone kind of gangbusters in his conversations with other city leaders across the United States, just they're seeing this and they're recognizing the need. And uh Peach Tree Corners, not surprisingly, was the first.

SPEAKER_01

They were great, great for them.

SPEAKER_02

So let's uh but a robot will be coming and getting things and taking it around. The city, I mean, it's just so cool delivering to our unit.

SPEAKER_01

It's it's really it is, it's surreal, right? Lots happening so quickly. And thanks for being here and making that happen with us too, right?

SPEAKER_02

Yeah. And then um, just ahead of that announcement, Dan, you had a big day yesterday as part of the Maxim Conference.

SPEAKER_01

Yeah, Maxim Tech Conference.

SPEAKER_02

Yeah, it's 2025 virtual tech conference and uh about innovations and um autonomous delivery was a big part of it. There are a lot of drone companies as panelists, and then you had a whole half hour to talk about Arrive.

SPEAKER_01

Yeah, it was really exciting. Got to showcase what we're doing here, how we're doing it. Um, flattered that they asked us to join. Maxim is a big investment banker in New York, and they've got their own analysts and uh all those kind of things. We want to be on the map out there, right? So yeah, it's exciting that we're getting that kind of you know, people are taking notice.

SPEAKER_02

It was the analysts asked some great questions, and Dan provided answers, I think, that a lot of people haven't even heard yet. And so we did talk about smart cities.

Introducing Board Member Laurie Tucker

SPEAKER_02

Oh, we our guest has a let's bring her in and we'll come back. Let's go ahead and bring her in. Hey, Lori.

SPEAKER_01

I was gonna I was gonna have everybody guess who this is, but you just you just blew it.

SPEAKER_02

I didn't say the last name.

SPEAKER_01

No, Lori Tucker. Laurie, how are you? Thanks for joining. Can you hear us? I'm thrilled to be here. Awesome.

SPEAKER_02

So uh so Laurie Tucker, this was another big announcement we had.

SPEAKER_01

Um biggest, the biggest announcement.

SPEAKER_02

Biggest announcement this week on Monday morning. You might have woken up to the alert that we had a new board of directors member.

SPEAKER_01

That's right. Really excited. Uh great people, great talent are all flocking to arrive AI. People are seeing what we've seen, right? Laurie, tell us. Tell us what you see and give us a little uh you know, bio. Tell tell everyone what you're doing. Can you hear us, Maury?

SPEAKER_00

Well, I I'm excited to be here. Um I'm I'm sorry. Oh, I can. Yeah, I have my audio on.

SPEAKER_01

We got you.

SPEAKER_00

Can you hear me? Yeah, we got you. Oh my god. Technology, you know, it's supposed to be perfect, but it's not. So someone can can create, you know, one that picks up your voice and automatically turns off your mute to be a millionaire, chillionaire. Well, I'm excited

Laurie’s FedEx Background And Last Mile

SPEAKER_00

to be here, Dan. I met you three years ago by phone when we were in when I was introducing Mark Ham to you. Mark and I'd worked together at FedEx, and I loved working with Mark. He was such a star and such a great innovator. I learned so much from him. Sometimes I had no idea what he was saying, but you know, that that was challenging and I didn't understand. And he would explain it to me, and I felt like I learned so much. You know what? I'm thrilled that I'm a part of Rob.

SPEAKER_01

When you said that when we met recently, uh it it made me feel better because because I was thinking that and have you say that validated that I wasn't I wasn't wrong. If I can need you to come down here, come on, Mark, talk to the common person here, you know. So yeah, keep going.

SPEAKER_00

I know he has trouble doing that, but he's he's he's he's so smart. So doesn't it kind of validate how smart he is? We can't have no clue what he's saying, but he knows that's what's important. Um I loved getting to meet you, and Mark lives in Memphis, and he, of course, commutes to Indy with you guys, and every so many months we will have lunch together, and he would keep me up to date on what was going on at Arrive. And why I was so very interested is because last mile was a huge part of my job at FedEx. So I was at FedEx for 35 years. I actually started with the company when it was five years old. Sounds so ancient, but it is. And um, I was 21 and I was able to see that company grow and change, change the way delivery was done. I also believe Arrive AI is going to change the way delivery's done.

SPEAKER_01

And we're also being many jobs while I was at FedEx.

SPEAKER_00

One of my jobs was customer automation. That was kind of back then a cool name, but it's not so cool anymore. It'd be customer technology. And we were about, you know, making enabling shipping for our customers. But the problem we were still trying to solve was last mile. Last mile was very expensive for FedEx.

Board Experience And Fintech Angle

SPEAKER_00

Um, not so bad if you were delivering to a business address, you'd get multiple packages to a single stop. But when it when e-commerce started exploding, it became very costly to serve. And we were constantly trying to innovate solutions how we could make last mile more efficient. Uh, I don't believe the delivery delivery companies is solid. Um, I believe that you all are gonna be the solution. Wait, we are gonna be the solution to solving that problem. Thank you. And so I hope that my experience I know, I I I truly believe that. And I hope my experience over the years with FedEx um will be of value to you.

SPEAKER_01

We're counting on, we're counting on it, Lori. Also, you talk about your experience on other uh public boards. You know, that's a great experience that you can bring here. We're able to take the take advantage of that.

SPEAKER_00

Well, I used to be on the board of Iron Mountain. Iron Mountain fame was the fact that they're the mountain where the um documents are stored for the government um retirees, and and it they made it sound like a dark, dismal um well, of course, I guess all caves are dark, but this one's lit up and this one's underground and it's extremely secure and it's temperature controlled, and all of the valuable stuff in America is in that cave. I've actually been to it, it's pretty amazing. Um, but good thing the government's moving them out. That's crazy what they've been doing. Um, we I I got off that board when I left FedEx and joined a board called Alliance Data, which has since rebranded into Bread Financial. It's a financial services company. They do branded credit cards like Victoria's Secrets credit card, they do credit cards and financial services for the masses. And it's wonderful. Very um sort of edge in their use of AI. So I've been impressed.

SPEAKER_01

We're gonna want to tap tap them for the arrived pay

Transportation Insights And Strategy Fit

SPEAKER_01

credit card that's on our roadmap. So let's let's have a discussion about that.

SPEAKER_00

Perfect. I they they would be perfect for that. And so my other board is called Ford Air, and it is a transportation company that um sort of innovated in their in the way that they were created. Um they call themselves Ford Air, even though there's no air involved. Um they serve Floridors and Airlines at the time when they were founded, and they were all about delivering airport to airport as fast as if you had flown it, but at LTL rates. So they are an expedited um LTL company who recently bought a supply chain company who does third third-party logistics throughout the globe. Their largest customer, for instance, is NVIDIA. So it's a fun company to be a part of. You know, I can relate to the transportation side. Um, we have a new CEO who's only bored about a year, and um company's really moving in the right direction. So exciting to be there.

SPEAKER_01

That's great. Well, Lori.

SPEAKER_00

But I'm more excited about coming on board, Robin. Yeah.

SPEAKER_01

Well, that's the right answer. Right, isn't that the right answer? Yeah. Kyle, what do you have to say?

SPEAKER_02

Um, I am just so impressed with you. And I'm more impressed with how perfectly I feel like our needs align with your expertise. And I'm excited to see and hear what you do bring to those board meetings. And I can only imagine how your brain is going a million miles a minute thinking of different use cases for what we're offering, given some of the problems that you faced while at FedEx, not knowing what that solution was. So I can't wait to hear.

SPEAKER_01

Hey, Maury, I just say great people are seeing the same vision that we've seen for the last several years. And you've you've been working on the last mile for 35 years. So we're we're ready to take all that knowledge and make it happen right here. And we're counting on you.

SPEAKER_00

Fantastic. Well, I'm so excited to be part of the team, and I can't wait to learn everything I can about Arrive AI.

SPEAKER_01

Lori, on behalf of me and the whole company and all of our shareholders, thank you so much for joining. I can't wait to have you back up here in person and you know, give you a big hug and uh get working together. So thank you very much.

SPEAKER_00

Thank you so much for having me. I really appreciate it.

SPEAKER_01

All right, we'll talk to you. Bye, bye, Laurie. Thank you.

SPEAKER_02

I know she's probably gonna get tired of hearing from me. Like, what do you think about this campaign?

SPEAKER_01

I don't know how how much time you're gonna get with her because I'm gonna be talking. And I know that I prioritize over you. I don't think you're gonna be able to get in.

SPEAKER_02

We'll see about that. Oh, okay.

SPEAKER_01

No, hey Lori, thanks again. Great, that's

Culture Fit And Full Board Roll Call

SPEAKER_01

a big get for all of us, right?

SPEAKER_02

It is huge. So not only is she brilliant and it's gonna be great and different areas that we need her, but you you just got to meet her. She's so personable and um lovely to talk with and have around. So, and that's the kind of the the culture that you're building here.

SPEAKER_01

We are hey, let's let's recap our board right now. Can we do that? Sure, just so everybody, you know, let everybody know who who our board is, because I think it's really uh exciting. It says a lot about the validation of our company. Yeah. So Kevin McAdams, uh, retired uh last uh VP of last mile logistics for the Postal Service, over over 165 million addresses directly over you know the whole the whole map, uh reported directly to the Postmaster General. Uh John Galena, uh retired CFO from Allevance uh Anthem Blue Cross, $123 billion market cap company, uh retired and joined us. I think that's huge. Um Bill Stafford, uh in the past with uh Verizon Robotics, which is very centric to what we're doing.

SPEAKER_02

Um I got to talk to him a lot. He was at the launch party with the other listed, and I got to chat with him a bit that day, and he's just so cool.

SPEAKER_01

Yeah, really, you know, military background.

SPEAKER_02

Yep, he's done a lot.

SPEAKER_01

Yep. And then we've got uh Lori just joining. Right. Uh we've got uh Nirov Shaw.

SPEAKER_02

Uh we see him every day.

SPEAKER_01

We see him every day, whether we want to or not.

unknown

Yeah.

SPEAKER_01

Um, yeah, we had his own drone business. Uh again, a very uh industry-centric guy. Uh Mark Ham, who Lori just talked about, came from FedEx, vice president of innovation, COO here. John Richeson, uh, ran a hundred million dollar division of General Motors in Portugal. He's our chief counsel and our patent attorney.

SPEAKER_02

Um we keep him very busy.

SPEAKER_01

We do. Um, and I think that's uh and you and me, little old me. That's right. Yeah, I I don't, I'm not worthy.

SPEAKER_02

You're you're the pecking order.

SPEAKER_01

Yeah, um that's why I'm I'm last. No, but and no, don't take any order off anybody else that I name. Great, great group. And uh just wanted to re-emphasize how great that is. That's I'm really proud of that.

SPEAKER_02

Yeah, yeah. You should be, it's great. They it seems like everybody really bounces well off of each other.

SPEAKER_01

And well, uh, you know, and I've been tapped to be on several boards, and I just want to say I've turned every one of them down because it's it's onerous, it's a lot of work. So for people to join our board and make that kind of commitment and dedication,

Share Splits And Public Transition

SPEAKER_01

that is that is so humbling and flattering. It really validates what I believe about this company, where we're going and how we're getting there, and the fact the fact that people want to join that journey with us, it's not something you do for fun. I mean, it's it's a it's almost like work, right? It is work.

SPEAKER_02

So seems like they're excited to be a part of the um, you know, kind of what Lori was was indicating. It's it's exciting to watch a company start to run, you know. Right, right. We we were crawling, we were walking, and now we're sprinting.

SPEAKER_01

I'm running so fast I'm almost tripping. Yeah, it my theory is if you're running and you trip, if you run fast enough, you'll never fall. You know what I mean? That's right. So I'm I'm tripping, but I'm running faster, whatever that means. So anyway.

SPEAKER_02

Let's see, where were we um at when Lori knocked or rang our doorbell?

SPEAKER_01

We were they asked questions, I think, right?

SPEAKER_02

Talking about, I think we were getting into that. We talked about Curiosity Lab, we talked about conference, then we're going down to not fun. So here's here's kind of just the um line items we want to get to, where there are a lot of questions still coming in about the transition from private going to public, um, about just the share transfer process still.

SPEAKER_01

Yeah. One of the things that you know, the we've we've done a couple splits. One was uh a two for one. If you had one share or that became two.

SPEAKER_02

So what Dan is referencing now is people are worried that what is showing in their account is different from what they should have. And so there's math involved.

SPEAKER_01

Yeah, I want to give you a little chronology here. Everything's been certified by auditors, and I I'm proud to say this that every single um thing that was raised, question that was raised by an investor about thinking that they had the wrong number of shares was proven to be 100% accurate. Yeah. So I'm proud of that. I mean, mistakes do happen. When they do happen, don't be frantic. We will always make it right. And we're not gonna dig in and fight you on that.

SPEAKER_02

But it is confusing given kind of some things that we went through.

SPEAKER_01

Yep. So we went two for one initially. I love to split shares and build you know perceived value. People have more shares. I think that's fun as an investor. I enjoy that. Um, and so we initially were, I think we're probably the only crowdfunded company to ever do a two for one split, you know, while still that was early on. Early on. So if you were early on, you bought say a thousand shares, that became two thousand shares. Then, you know, for fast forward to when we just went public, we had to do a one for four split to get our price, our share price high enough to actually trade. There's restrictions with the NASDAQ. Um, and some people said, hey, just raise your price arbitrarily. You know, I wish we could do that. We can't. That's market integrity. Uh, and you can't do that. And frankly, if companies did things like that, no one would ever invest in a company because it wouldn't have the intrinsic value that you believe it to have. So following that progression, 1,000 shares became 2,000 shares. Then you do a one for four. So that 2,000 now becomes 500 shares. It never changed the dollar value of your shares other than the share appreciation that happened separate from that transaction. Um, so

Stock Price Context And Commitment

SPEAKER_01

it didn't do anything to take anyone's value or anything. I know it's been a little confusing, uh, but that you should still have the same value stream. Um and then once we went public, we're all subject to the daily fluctuation of the share of price, the markets. Um, we can't control that, unfortunately. You know, um let's talk about the share price.

SPEAKER_02

Um, let's do. We have to be uh just very, very careful, um, of course.

SPEAKER_01

Sure.

SPEAKER_02

And but we also want to recognize that we know that you're watching it and we're watching it too. Guess what? We are too. We are too. Every I mean, how often are we yelling? What is it? Where are we?

SPEAKER_01

Are we getting any work done here?

SPEAKER_02

I don't know.

SPEAKER_01

Hey, hey, what I'd say is you know what? Um, we went public. We we everybody thinks we started out at 40 bucks. We had a trade at 40.

SPEAKER_02

Yeah, we started at 13.

SPEAKER_01

13 was our reference price. That's what we came at. The stock did go up to 40, which was really cool because in that moment the company had a 1.2 billion dollar market cap, which is that's pretty amazing, right? Yeah, billion dollar um we felt it for a I'm glad we got that trade. I I I built, we built, you built every you owned uh a billion dollar plus market cap company. That's hard, that's that's big. Yeah. So that happened, and then the stock came down a little bit, and then a little more, a little more. Uh, and then now we're we've been hovering around the six dollar range. Um, it's not appropriate for us to comment. Uh, I will say this. I used to own a race horse at one point in my life, and everybody would say, hey man, is your horse gonna win today? And the truth is I never knew was gonna win, and I did win one race, but because I didn't know, I didn't even bet at that on that race, so I didn't even win. But you know, I kind of yeah, it's kind of very similar. You know, things that we're doing here that we see every day, we you know, we I think this thing I you know, I don't want to comment on what I think, but I guess what I think is I'm bullish on the stock. Um, I'm I'm 100% all in. I haven't sold one share. I just wanted to say that too. Uh that's questions. Have you guys sold any shares? This price has come down. I can tell you, not one of us has sold any shares. Um, and the thing about it is there's actually um paperwork that has to be filed with the SEC with if and when we do do that, so it will be evident. Um, so you don't have to take his word for it. Yeah, yeah, that's right. That's right.

SPEAKER_02

It is public information.

SPEAKER_01

Yeah, you know, and I would say I'm the largest shareholder. I started the company. I inherently you're gonna be um I have more to lose than anybody, I have more to gain than anyone. If it's good for you guys, it's great for me. And I want you to know every single day I'm doing everything with this excellent team and Kyle. That's a joke. Uh to to really, you know, build value for all of us. That's what we're heads down focused on. Everything we do has the prism of how do we uh increase value here uh and really you know um do the things we need to do. Um and that's what we're doing. You know, all we can do is execute, hold it, keep our head down and really focus, and hopefully the rest all just takes care of itself. You know, um if you are a shareholder, uh if you have any questions, you guys know how to reach me rather than go out and trash us and hurt yourself in the process, you know,

Recent PR Wins And Robots In Testing

SPEAKER_01

hit me up. I take every call, I own it, good, bad, or ugly. That's that's the promise of being here with us. Uh so you know, if you have something good to say, say it. If you if you don't have something good to say, like your mom used to say, you know, whatever, don't say it at all, right? Um, but you know, we all care, we're all in this together. Uh and I know people are getting upset here and there. That's part of it. You know, sometimes I'm upset. Uh, you know, um, but you know, but let's not focus on the day-to-day. Let's let's just get this trend where we want it to be, and we'll wake up and we're gonna be the next Google at some point. That's what I believe.

SPEAKER_02

Yeah, that's what we all believe. That's why we're here.

SPEAKER_01

What else?

SPEAKER_02

I think that's it. I think we got it all.

SPEAKER_01

Let's just let's just highlight PR releases that have come out of the state.

SPEAKER_02

Yeah, we have the Tankop Regional Hospital. So we are revenue number one. Actually, yeah, we're um it was revenue number one, which is really cool to be um able to announce that with an Indiana based operation. Um, we're actually it's really cool. We're testing the robot in the office um this week and doing all sorts of fun stuff. The office is just so hustle bustle and really fun these days.

SPEAKER_01

What was number two?

SPEAKER_02

Um number two was Curiosity Level.

SPEAKER_01

No, good.

SPEAKER_02

And then oh, we had go to delivery, which is yeah. Go to delivery, and then there's a million. Yeah.

SPEAKER_01

Are we recording? Are we recorded? Okay, done.

SPEAKER_02

So Hancock, then um go to delivery, which go to delivery is huge. It's a Pharmaceutical medicine

Pharmacy Deliveries And Chain Of Custody

SPEAKER_02

courier. And so by having arrive points outside of pharmacies, this ensures that really expensive drugs don't get lost in a courier system or have to be redirected back to a warehouse if they're undeliverable. They can actually be delivered no matter what, because there will be a 24-hour day secure receptacle outside a pharmacy. So whenever that pharmacy reopens or there's somebody authorized to accept that medicine, it's there. And the patient will have much easier access to retrieve it. And then it saves costs and it provides that chain of custody that prevents a lot of things.

SPEAKER_01

We did the Maxim virtual tech conference.

SPEAKER_02

Virtual Tech Conference.

SPEAKER_01

With Lori Tucker.

SPEAKER_02

Lori Tucker.

SPEAKER_01

Curiosity, gosh. We already talked about that. I can't believe this is how busy we are, guys. Check all these out. You can get our website, right?

SPEAKER_02

Oh, yeah. All of them are there.

SPEAKER_01

Everything's on our website. If you're an investor that we've identified over the years, thank you. And we're giving you emails on all these too, right?

SPEAKER_02

Yep. You get emails, it's all on our socials, it's on our website. We're trying to make sure that there's no stone left unturned as

Where To Find Updates

SPEAKER_02

far as being able to get you the information. So if you think of other channels where you would like that information to be, we're open for those suggestions as well. But we really feel like we're covering a lot of ground.

SPEAKER_01

Yep. Tell your friends, neighbors, family, coworkers, you know, thanks for being with us. Um I hope you don't sell. I hope you'll buy more. If you have to sell, we love you guys. Thanks for being with us and getting us here. It was because of every single one of you that we're here. Wouldn't be here without you. And in New York, right now we don't have a date. I'm gonna say we're targeting July 3rd.

SPEAKER_02

Targeting.

SPEAKER_01

Targeting. We don't have I'm throwing it out because I want people to think about that. But the NASDAQ's being very slow about responding on that. Um, and we want to give everybody as much time because we really want you to be there. We're gonna have an epic party. We're gonna give a ton of great swag away, right?

SPEAKER_02

Yeah.

SPEAKER_01

Um, we want to set the Guinness Booker World Record responsible for that.

SPEAKER_02

So fail you.

SPEAKER_01

No,

NYC Celebration Target And Closing

SPEAKER_01

no, no, couldn't do that. So, anyway, that's it. Yeah, we don't want to go too long here.

SPEAKER_02

Oh my gosh, you're sick of us by now for sure.

SPEAKER_01

Yeah, we're coming back probably tomorrow with more, right?

SPEAKER_02

Probably.

SPEAKER_01

All right. Hey guys, thanks a lot. We'll see you soon. Bye-bye.