The joi t effo t combi es Modovolo’s flight platfo m, featu i g modula payload pods, RTK localizatio , a d lo g flight e du a ce, with A ive AI’s pate ted A ive Poi t™ statio s a d A ive OS softwa e. The i teg atio is desig ed to e able a epeatable, secu e ha doff f om the sky i to the A ive Poi t™, suppo ti g auto omous delive y of food, pha macy o de s, etail goods, a d mo e.
The pa t e ship follows a st uctu ed path f om i teg atio developme t to live test-bed ope atio s at A ive AI’s headqua te s, whe e teams will test the capability, t ai pe so el, a d simulate eal-wo ld ope atio s. Followi g successful testi g a d subject to a y equi ed egulato y app ovals, the compa ies pla to co duct live auto omous d o e delive ies i a desig ated a ea i Fishe s, I dia a, whe e custome s will be able to o de food a d have it delive ed by ai , st aight i to a A ive Poi t™.
“We’ve always said the ha dest pa t of auto omous delive y is ‘t the flight, it’s the p ecisio delive y. Modovolo builds a d o e that ca go the dista ce. We built the place whe e eve y delive y will sta t a d e d. Put those two thi gs togethe a d you get delive y that actually wo ks e d-to-e d, with obody sta di g a ou d waiti g. U atte ded i te ded.”
“Ou modula Lift platfo m allows us to develop payloads a ou d the eeds of pa t e s like A ive AI. We’ e sta ti g with a wi ch p ototype to suppo t package delive y i to a A ive Poi t, with the lo ge -te m goal of suppo ti g thei delive y etwo k as it g ows.”
Auto omous d o e delive y has lo g p omised speed a d efficie cy, but the fi al few feet have emai ed a challe ge: safely a d secu ely getti g a package f om the ai i to a custome ‘s ha ds. By pai i g a auto omous ai c aft with i tellige t eceivi g i f ast uctu e, A ive AI a d Modovolo aim to close that gap a d help set the sta da d fo how auto omous delive y etwo ks ope ate at scale.
A ive AI (NASDAQ:ARAI) is buildi g the i f ast uctu e fo auto omous logistics th ough a etwo k of i tellige t delive y e dpoi ts that e able secu e, asy ch o ous excha ge of goods. The compa y’s platfo m suppo ts d o es, g ou d obotics, a d huma cou ie s, solvi g the “last i ch of the last-mile” challe ge ac oss logistics, healthca e, a d e te p ise delive y.
Modovolo is a U.S.-based d o e ma ufactu e developi g modula ai c aft with i te cha geable missio payloads. Its Lift platfo m featu es a sta da dized ce t al payload bay, allowi g o e ai c aft platfo m to suppo t applicatio s a gi g f om package delive y to milita y a d public safety. Modovolo combi es lightweight ai c aft desig with p op ieta y la ge-fo mat 3D p i ti g a d domestic ma ufactu i g, with the goal of educi g cost a d simplifyi g p oductio . The platfo m’s modula a chitectu e allows payloads to be developed a ou d specific custome a d pa t e equi eme ts. Lea mo e at modovolo.com.
This ews elease a d stateme ts of A ive AI’s ma ageme t i co ectio with this elease o elated eve ts may co tai “fo wa d-looki g stateme ts” withi the mea i g of Sectio 21E of the Secu ities Excha ge Act of 1934, as ame ded, a d the P ivate Secu ities Litigatio Refo m Act of 1995.
Fo wa d-looki g stateme ts elate to futu e eve ts a d expected busi ess a d fi a cial pe fo ma ce a d ofte i clude wo ds such as “expects,” “a ticipates,” “i te ds,” “pla s,” “believes,” “pote tial,” “will,” “should,” “could,” “would,” “optimistic,” o “may,” a d simila exp essio s.
These stateme ts a e based o i fo matio available as of the date of this elease a d eflect ma ageme t’s cu e t views a d assumptio s. They a e ot gua a tees of futu e pe fo ma ce a d i volve k ow a d u k ow isks, u ce tai ties, a d othe facto s that may be beyo d the compa y’s co t ol.
Reade s a e cautio ed ot to place u due elia ce o fo wa d-looki g stateme ts, which speak o ly as of the date of this elease. Pote tial i vesto s should eview A ive AI’s Regist atio Stateme t a d othe fili gs, i cludi g isk facto s, available at the U.S. Secu ities a d Excha ge Commissio website at www.sec.gov.
A ive AI u de takes o obligatio to update fo wa d-looki g stateme ts to eflect eve ts o ci cumsta ces afte the date of this elease, except as equi ed by law.
Tasha Jo esMa keti g Commu icatio s Ma age , A ive AI
Allia ce Adviso s IR
Modovolo