Arrive AI feels like one of those companies where the use case sounds way better than the chart

I’ve been following ARAI for past few months and I have realized that the actual idea behind the company is interesting and doable, so why does the stock just keep sliding every week like the market has completely written it off?

They have a niche pitch of being the infrastructure layer for autonomous delivery. Secure delivery endpoints, chain-of-custody, smart mailboxes/docking points/controlled handoff for drones, robots and couriers. If autonomous delivery ever becomes a real thing at scale, that part of the stack actually feels pretty important.

They’ve spent years building patents around this stuff, they’ve got a decent amount of IP for a company this small, and the use case at least feels real in healthcare/campus/enterprise/high-value delivery settings where secure handoff is required instead of just dropping a box on a porch.

But I also get exactly why the stock keeps getting hit. The market does not care about interesting future use cases and patents, if the company is still tiny, barely generating revenue and nowhere near proving large-scale adoption. The story sounds a lot more mature than the actual financials.

So I’ve two sides of same view, I do think the use case is more legit than market gives it credit for and the patent portfolio is not meaningless. But I also understand why the market keeps treating it like a concept until management shows real deployments, real partners turning into real revenue, and some sign that this can become an actual business.

Curious if anyone else here follows ARAI or if I’m just giving a tiny stock way too much benefit of the doubt because the product idea makes sense to me.