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    Mike McCormick

    Senior Research Analyst at Water Tower Research

    Mike McCormick is a Senior Research Analyst at Water Tower Research, specializing in coverage of the renewable energy and utilities sectors with a focus on companies such as NextEra Energy, Duke Energy, and AES Corporation. He is recognized for his detailed financial analysis and consistent accuracy in investment recommendations, achieving strong performance metrics with a success rate above 65% and notable returns as tracked by TipRanks. McCormick began his career in equity research in the early 2010s, with previous experience at firms including Raymond James and FirstEnergy, and joined Water Tower Research in 2022. He maintains professional credentials with FINRA registration, holds Series 7, 63, and 86/87 securities licenses, and is known for presenting at major industry conferences and being cited in financial media for his expertise.

    Mike McCormick's questions to Arrive AI (ARAI) leadership

    Mike McCormick's questions to Arrive AI (ARAI) leadership • Q2 2025

    Question

    Mike McCormick inquired about Arrive AI's strategy for transitioning from its pilot-centric, pre-revenue model to a scalable, profitable business, asking for key milestones and partnership requirements. He also requested details on the platform-as-a-service (PaaS) model, including its specific revenue streams and pricing structure.

    Answer

    COO Mark Ham detailed a five-year strategic plan focused on product development and scaled manufacturing, targeting 100,000 units annually by year five. Ham also outlined three primary revenue streams: a Network-as-a-Service (NaaS) subscription for the ArrivePoint network, a transactional marketplace model for high-demand units, and an AI platform for logistics optimization, which is projected to constitute 50% of future revenue.

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    Mike McCormick's questions to Arrive AI (ARAI) leadership • Q2 2025

    Question

    Mike McCormick of Water Tower Research inquired about Arrive AI's strategy to transition from its pilot-centric model to a scalable, profitable business, and asked for specifics on its platform-as-a-service (PaaS) revenue model and pricing structure.

    Answer

    COO Mark Ham detailed a five-year strategic plan focusing on product development, strategic pilots, and scaled manufacturing, targeting 100,000 units annually by year five. Ham also outlined three planned revenue streams: a network-as-a-service monthly fee for the ArrivePoint network, transactional fees from an autonomous last-mile marketplace, and AI platform services, which are projected to eventually comprise 50% of total revenue.

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    Mike McCormick's questions to Arrive AI (ARAI) leadership • Q2 2025

    Question

    Mike McCormick of Water Tower Research asked about Arrive AI's strategy for transitioning from its pilot-centric model to a scalable, profitable business, inquiring about key milestones and necessary partnerships. He also requested details on the platform-as-a-service (PaaS) model, its revenue streams, and the pricing structure for commercial partners.

    Answer

    COO Mark Ham detailed the company's five-year strategic plan to achieve scalability. He explained the plan progresses from product design in year one to producing 100,000 units annually by year five. Ham also outlined a three-pronged revenue model consisting of a 'network as a service' subscription for ArrivePoints, a marketplace with transactional fees for resolving delivery demand, and an AI platform service projected to constitute 50% of future revenue.

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