Latest news with #LastMile
Cision Canada
3 days ago
- Business
- Cision Canada
Arrive AI selects Synoptek as a Strategic IT Partner
COSTA MESA, Calif. and INDIANAPOLIS, July 14, 2025 /CNW/ -- Arrive AI (NASDAQ: ARAI) — a pioneering autonomous delivery network anchored by Arrive Points™ — has selected Synoptek as a strategic IT partner to enable its rapid growth and global ambitions. Synoptek will provide Arrive AI with all the IT solutions it needs to support its business. With a recent $40 million injection of funding from Streeterville Capital, Arrive AI is entering a critical growth phase. The company is preparing to launch its patented, autonomous delivery platform later this summer and expects to double its staff size. "Synoptek's strategic approach, deep expertise, robust tech stack and strong partnerships with Microsoft and ServiceNow made it a clear choice," said Mark Hamm, COO of Arrive AI. "We were searching for a partner who could move at our pace and help us build a resilient IT foundation. After conducting an exhaustive search, we knew Synoptek would be the partner we were looking for to provide all of the IT capabilities we need to take our business to the next level." Under the three-year agreement, Synoptek will contribute to the solution definition, implementation and IT management, including, cybersecurity, enterprise-grade IT and 24/7 AI-enabled managed services operations. This engagement deepens Synoptek's presence in the high-growth logistics and manufacturing sector and aligns with its mission to deliver smart, secure and connected IT environments. "We're proud to serve as an extension of the Arrive AI team," said Salil Godika, CEO at Synoptek. "Together, we are building a resilient and secure IT backbone that supports innovation and scale. We deliver focused solutions that incorporate exceptional customer experiences, digital application engineering, and agile infrastructure. We are committed to providing Arrive AI with the technology foundation it needs to grow with confidence." Synoptek will provide advisory services and information sharing around security, AI and application innovation as Arrive AI continues to push boundaries in the AI transportation and logistics space. About Arrive AI Arrive AI's patented Autonomous Last Mile (ALM) platform enables secure, efficient delivery to and from a smart, AI-powered mailbox, whether by drone, ground robot or human courier. The platform provides real-time tracking, smart logistics alerts and advanced chain of custody controls to support shippers, delivery services and autonomous networks. By combining artificial intelligence with autonomous technology, Arrive AI makes the exchange of goods between people, robots and drones frictionless and convenient. Its system integrates with smart home devices such as doorbells, lighting and security systems to streamline the entire last-mile delivery experience. Learn more at About Synoptek Synoptek is a global, full-service business and digital technology solutions provider and advisory firm that helps companies envision, transform, and evolve their customer experiences, application ecosystems, and infrastructures. As a systems integrator and managed technology provider, Synoptek partners with organizations worldwide, helping them navigate the ever-changing technology landscape and build solid tech foundations for their businesses. With its comprehensive offerings, global workforce, and strategic technology partnerships, Synoptek helps companies optimize their IT environments and enable innovation through technology. With growth, ownership, inclusiveness, and philanthropy embedded in its DNA, Synoptek is committed to delivering improved business results and unmatched service to all its stakeholders. 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 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.
Miami Herald
10-07-2025
- Business
- Miami Herald
Arrive AI selects Synoptek as a Strategic IT Partner to Power Global Expansion
INDIANAPOLIS, IN AND COSTA MESA, CA / ACCESS Newswire / July 10, 2025 / Arrive AI (NASDAQ:ARAI) - a pioneering autonomous delivery network anchored by Arrive Points™ - has selected Synoptek as a strategic IT partner to enable its rapid growth and global ambitions. Synoptek will provide Arrive AI with all the IT solutions it needs to support its business. With a recent injection of up to $40 million in funding from Streeterville Capital, Arrive AI is entering a critical growth phase. The company is preparing to launch its patented, autonomous delivery platform later this summer and expects to triple its staff size. "Synoptek's strategic approach, deep expertise, robust tech stack and strong partnerships with Microsoft and ServiceNow made it a clear choice," said Mark Hamm, COO of Arrive AI. "We were searching for a partner who could move at our pace and help us build a resilient IT foundation for global expansion. After conducting an exhaustive search, we knew Synoptek would be the partner we were looking for to provide all of IT capabilities we need to take our business to the next level" Under the three-year agreement, Synoptek will contribute to the solution definition, implementation and IT management, including, cybersecurity, enterprise-grade IT and 24/7 AI-enabled managed services operations. This engagement deepens Synoptek's presence in the high-growth logistics and manufacturing sector and aligns with its mission to deliver smart, secure and connected IT environments. "We're proud to serve as an extension of the Arrive AI team," said Salil Godika, CEO at Synoptek. "Together, we are building a resilient and secure IT backbone that supports innovation and scale. We deliver focused solutions that incorporate exceptional customer experiences, digital application engineering, and agile infrastructure. We are committed to providing Arrive AI with the technology foundation it needs to grow with confidence." Synoptek will provide advisory services and information sharing around security, AI and application innovation as Arrive AI continues to push boundaries in the AI transportation and logistics space. -30- About Arrive AI: Arrive AI's patented Autonomous Last Mile (ALM) platform enables secure, efficient delivery to and from a smart, AI-powered mailbox, whether by drone, ground robot or human courier. The platform provides real-time tracking, smart logistics alerts and advanced chain of custody controls to support shippers, delivery services and autonomous networks. By combining artificial intelligence with autonomous technology, Arrive AI makes the exchange of goods between people, robots and drones frictionless and convenient. Its system integrates with smart home devices such as doorbells, lighting and security systems to streamline the entire last-mile delivery experience. Learn more at Media contact: Cheryl Reed at media@ Investor Relations Contact: Alliance Advisors IR at About Synoptek: Synoptek is a global, full-service business and digital technology solutions provider and advisory firm that helps companies envision, transform, and evolve their customer experiences, application ecosystems, and infrastructures. As a systems integrator and managed technology provider, Synoptek partners with organizations worldwide, helping them navigate the ever-changing technology landscape and build solid tech foundations for their businesses. With its comprehensive offerings, global workforce, and strategic technology partnerships, Synoptek helps companies optimize their IT environments and enable innovation through technology. With growth, ownership, inclusiveness, and philanthropy embedded in its DNA, Synoptek is committed to delivering improved business results and unmatched service to all its stakeholders. 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 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. SOURCE: Arrive AI Inc.
Yahoo
24-04-2025
- Business
- Yahoo
The Shyft Group: Q1 Earnings Snapshot
NOVI, Mich. (AP) — NOVI, Mich. (AP) — The Shyft Group, Inc. (SHYF) on Thursday reported a loss of $1.4 million in its first quarter. The Novi, Michigan-based company said it had a loss of 4 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 7 cents per share. The maker of chassis for Last Mile Delivery, RVs and other vehicles posted revenue of $204.6 million in the period. The Shyft Group expects full-year earnings in the range of 69 cents to 92 cents per share, with revenue in the range of $870 million to $970 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SHYF at
Business Wire
23-04-2025
- Business
- Business Wire
Last Mile Production, LLC Achieves 300% Production Growth and 70% Emissions Reduction with Enovate AI
HOUSTON--(BUSINESS WIRE)-- Last Mile Production, LLC, a forward-thinking independent oil and gas operator in West Texas, has reported transformative results following the deployment of Enovate AI's 3-Clicks Digital Strategy in collaboration with B4ECarbon™, the emissions management platform developed by Blockchain for Energy. The pilot initiative led to a 300% increase in oil production and a 70% reduction in emissions, while also enabling the issuance and capitalization of high-integrity carbon credits —all achieved beyond the thresholds of domestic and international compliance standards. At the heart of this success is Enovate AI's 3-Clicks Digital Strategy, a next-generation framework that combines automation, optimization, and decarbonization. By integrating cutting-edge technologies including AI, IoT, and blockchain, Last Mile has redefined how production and emissions data are captured, analyzed, and acted upon. The result: real-time operational insights, AI-driven leak detection, predictive asset management, and agile resource deployment. 'With the 3-Clicks strategy, we're not only optimizing production—we're maximizing asset value through tech-driven retirement planning, asset performance optimization, and monetizing environmental performance,' said Zach Wagner, Owner of Last Mile Production. Pushing beyond compliance, Last Mile implemented an advanced Leak Detection and Repair (LDAR) strategy aligned with the OGMP Level 5 Gold Standard. This replaced manual, periodic inspections with continuous sensor-based monitoring—providing enhanced leak detection, faster mitigation, and inclusion of previously unregulated assets. Using B4ECarbon™, these verifiable emissions reductions translate into market-ready carbon offsets. 'We're setting a new standard in energy—where performance, sustainability, and compliance go hand in hand. Last Mile demonstrates what's possible when AI, IoT, and blockchain converge: smarter operations, responsible practices, and measurable impact. This is the future of energy,' said Camilo Mejia, CEO of Enovate AI. 'At B4ECarbon, our priority is enabling energy operators to turn emissions data into strategic advantage. By delivering verifiable, blockchain-backed emissions intelligence, we help organizations like Last Mile move beyond compliance—toward operational excellence, market credibility, and environmental integrity. This is how the energy industry builds trust, unlocks new value, and drives real transformation,' said Rebecca Hofmann, CEO of B4ECarbon LLC. Last Mile's pioneering efforts are sparking momentum among other West Texas operators, many of whom are now adopting the 3-Clicks strategy. Drawn by the promise of measurable ROI, sustainable operations, and elevated asset valuation, they are joining a growing movement toward digital, data-driven energy transformation. About Last Mile Production, LLC Last Mile Production, LLC is a leading oil & gas operator in West Texas, committed to minimizing environmental impact through innovative practices. By integrating cutting-edge technologies, Last Mile optimizes resource management, reduces emissions, and plays an active role in the global energy transition. Last Mile Production About Enovate AI Enovate AI is an energy innovation company transforming how operators optimize performance and monetize sustainability. Its 3-Clicks Digital Strategy fuses automation, AI, IoT, and blockchain to deliver integrated solutions for asset optimization, emissions reduction, and responsible retirement planning. Enovate AI helps energy leaders accelerate digital transformation with measurable results. About B4ECarbon B4ECarbon™, a solution developed by Blockchain for Energy, delivers advanced emissions management for the global energy industry. By integrating blockchain, AI, and IoT, B4ECarbon enables energy companies to generate verifiable emissions data, exceed compliance, and create trusted, high-integrity carbon offsets. The platform empowers users to meet today's sustainability demands while unlocking new environmental and economic value. B4ECarbon - Blockchain For Energy
Yahoo
07-04-2025
- Entertainment
- Yahoo
Masaki Okada halts career in 2025 to focus on personal life
7 Apr - After working back-to-back in TV and movies for the past year, Masaki Okada recently revealed that he is taking a break this year to focus on himself. As reported on Mingpao, the actor, who has starred in three films and four TV series in 2024 including the movies "Last Mile", "Gold Boy" and the drama "Extremely Inappropriate!", said that he had been so busy that he didn't even have time to watch movies or have time for himself. Now that he is married to actress Mitsuki Takahata, Masaki said that he decided to decline acting offers that has been coming this year. "I have been in the industry for nearly 20 years and now I am in my 30s. I have worked very hard along the way. I feel that it is time to enrich myself, think about the future, and give myself time to think about life," he said. He also admitted that he has recently started to pay attention to his health. "I am getting older, so I have consulted many experts on how to preserve my health. In fact, to be healthy, you still need to do more exercise and pay attention to your diet," he added. (Photo Source: Masaki IG, Eiga)
