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Arrive AI and Hancock Health Launch Robotic Medical Deliveries at Hancock Regional Hospital

1. Arrive AI partners with Hancock Health for autonomous delivery. 2. First revenue-generating deployment aimed at cost savings and operational efficiency. 3. Phased rollout includes robotic tech and drone-based transport. 4. Changes in logistics could enhance patient care and reduce labor costs. 5. Insights expected by September 2027 for wider implementation.

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Why Bullish?

The partnership marks ARAI's first revenue generation and showcases improved operational efficiencies. Historical examples show that similar partnerships in tech-driven healthcare usually enhance stock prices.

How important is it?

The article discusses a crucial partnership that could lead to recurrent revenue streams, emphasizing its strategic importance for future growth.

Why Long Term?

The initiative's multi-phase rollout and potential for wide application suggest prolonged positive impact. Previous companies in tech healthcare saw sustained benefits from strategic collaborations.

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Groundbreaking Automation Poised to Deliver Enhanced Efficiency and Patient CareMarks Arrive AI's First Revenue Generating Arrive PointTM Deployment Arrive AI (NASDAQ:ARAI), a pioneering autonomous delivery network anchored by patented AI-powered Arrive Points™, and Hancock Health, a regional hospital and member of the Mayo Clinic Care Network located in Greenfield, IN, today announced the launch of a two-year partnership. The agreement marks Arrive AI's first revenue generating deployment. The collaboration will explore the transformative potential of asynchronous robotic automation for medical deliveries within hospitals, aiming to unlock significant cost savings through technological advancements and operational efficiencies using Arrive AI technology.Operations began today with the Arrive Point, as Arrive AI's secure and patented autonomous delivery station took center stage. This innovative device will serve as a reliable, chain-of-custody-compliant hub for the seamless drop-off and pickup of biospecimens from the cancer center.This partnership places Hancock Health at the forefront of autonomous medical logistics, with potential applications across its broader network of more than 30 locations in East Central Indiana."At Hancock Health, our top priority is delivering personalized and high-quality care in the most affordable and efficient way possible," said Steve Long, President and CEO of Hancock Health. "Embracing automation opens the door to transformative improvements - reducing costs, accelerating the delivery of critical items like test results, medications, and lab specimens, and strengthening the security and reliability of our services. Every improvement in these areas enhances the overall patient experience."Dan O'Toole, CEO of Arrive AI, commented, "This live deployment marks a significant milestone for Arrive AI as we move from pilot programs to generating revenue and demonstrating the real-world value of our autonomous delivery solutions. We are eager to collaborate closely with Hancock Health and validate the tangible benefits Arrive AI will bring to their operations."Hancock Health has identified operational inefficiencies that include having medical personnel make more than a dozen daily trips between its clinics and hospital lab to deliver specimens. Those trips pull staff from critical duties, delay lab results and increase labor costs. The multi-phase test with Arrive AI will showcase how cutting edge, asynchronous technology is set to change the healthcare landscape in a seismic way.The phased rollout of the initiative includes: a comprehensive readiness evaluation; the installation of robotic technology at the hospital's Sue Ann Wortman Cancer Center and laboratory; the development of optimized delivery routes; the expansion of technology deployment to off-campus locations; and the introduction of drone-based transport for time-sensitive and off-site medical deliveries. Each phase will incorporate the Arrive Point, providing a standardized and secure interface for all chain-of-custody transfers.According to the terms of the agreement, Arrive AI anticipates leveraging the insights gained from this trial by September 2027 to develop a scalable framework for integrating ground robotics, courier networks, and drones across Hancock Health's entire network. Arrive AI will spearhead the design, deployment, and optimization of this integrated system, ensuring regulatory compliance, operational feasibility, and a validated return on investment. Key strategies for enhancing efficiency and reliability include:Replacing manual specimen transport with robotic automation.Providing Arrive Point storage devices for round-the-clock deliveries.Deploying drones for urgent and off-campus transport needs.-30-About Arrive AI: Arrive AI's patented last mile (ALM) platform enables drone-based and human mail delivery to and from a physical smart mailbox, while providing tracking data, smart logistics alerts, and advanced chain of custody controls to secure the last-mile delivery for all shippers, delivery services, and autonomous delivery networks. Arrive AI makes the exchange of goods between people, robots, and drones frictionless, efficient, and convenient through artificial intelligence, autonomous technology, and interoperability with smart devices including doorbells, lighting and security systems. Learn more details about the company's patents here. See videos of the smart mailbox in action here.About Hancock Health: Hancock Health, a Mayo Clinic Care Network Member, is a full-service healthcare network serving East Central Indiana at Hancock Regional Hospital and more than 30 other locations to ensure convenience to high quality care. A member of the Suburban Health Organization (SHO) and partner to Peyton Manning Children's Hospital, Hancock Health believes in the power of partnerships to lower costs and improve health outcomes for patients. Hancock Health's expert physicians have access to Mayo Clinic's research, diagnostic, and treatment resources across specialties including cancer care, women's health, primary care, wellness, emergency medicine, and more - all with the goal of improving health outcomes and making health possible for East Central Indiana. Media Contact: Claire Hunter: [email protected]Cautionary Note Regarding Forward Looking Statements This news release and statements of Arrive AI's management in connection with this news release or related events contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "potential", "will", "should", "could", "would" ,"optimistic" or "may" and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors which may be beyond our control. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Potential investors should review Arrive AI's Registration Statement for more complete information, including the risk factors that may affect future results, which are available for review at https://www.sec.gov/ Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.Media contact: Cheryl Reed, [email protected]Investor Relations Contact: Alliance Advisors IR, [email protected]SOURCE: Arrive AI Inc.

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