HIVE gave investors a target: $200M in contracted sovereign AI cloud ARR by Q4 2026.
Q1: $20M.
Today: $180M.
+$15M. +$75M. +$70M.
Three contracts, $160M added.
Do data centers raise your power bill?
No. Rates fell between 2015 and 2024 as more data centers came online.
So why does your bill feel higher?
Inflation, mostly.
Your bill is up 27% since 2021.
The real increase from electricity itself: 7%.
“But if we walk in the light, as he is in the light, we have fellowship with one another, and the blood of Jesus, his Son, purifies us from all sin.”
1 John 1:7 NIV https://t.co/0FrU2eK66O
Today, we announced a watershed deal to acquire three companies from @Boeing, @WiskAero , @Insitu_Inc, and @skygridai, in exchange for Boeing taking a strategic equity stake in @flyarcher and collaborating with us. After closing, our product portfolio will span piloted air taxis, unmanned aircraft systems (UAS) in Groups 2 through 5, purpose-built AI for aviation, and the vertical technology stack for autonomous flight.
The mission is even bigger now. It’s time to build.
https://t.co/yvj44Sn6Vl
Today, we signed definitive agreements to acquire @WiskAero, @skygridai, and @Insitu_Inc from @Boeing, with Boeing taking a stake in Archer and becoming a strategic partner. We anticipate closing the transaction by year end.
Wisk will accelerate our Halo/Thunder dual-use aircraft platform. Deploying nascent tech early in defense benefits our entire business. Wisk has some of the most advanced autonomy, flight controls, and sensor technologies in the industry. We plan to deploy that technology on Halo first, so that we can harden it and then bring it back to the air taxi platform when the FAA is ready to certify autonomy for passenger air taxis.
Insitu is an incredibly trusted and reputable intelligence, surveillance, and reconnaissance drone manufacturer. They operate a profitable business with over $200M in annual revenue across 35 countries and they’ve manufactured 4,000 Group 2 & 3 UAS to date. For us that means an immediate revenue base to grow plus data from 2M autonomous flight hours.
SkyGrid is complementary to ZEE, our new foundation AI model for aviation that we recently announced. SkyGrid has been in use as next-generation airspace management solutions since 2018 and we believe that when combined with Zee it can become a “must have” air traffic management product that helps modernize airspaces around the world.
This transaction will help accelerate our evolution into becoming a diversified aerospace and defense platform. After closing, our product portfolio will span piloted air taxis, unmanned aircraft systems (UAS) in Groups 2 through 5, purpose-built AI for aviation, and the vertical technology stack for autonomous flight.
https://t.co/qI8O4sNKs6
“And so we know and rely on the love God has for us. God is love. Whoever lives in love lives in God, and God in them.”
1 John 4:16 NIV https://t.co/sb1Tc7U4MW
ZEE, our aviation specific AI foundation model, has made a frontier breakthrough.
It has demonstrated the capability to generate highly accurate predictions of real-time aircraft trajectories on the airport surface minutes ahead of the present. With runway-related incidents accounting for 30% to 40% of global aviation accidents, this ability to provide a highly accurate ‘window into the future’ gives the humans in the loop the most critical asset in aviation safety: time to react.
Live testing is underway at Hawthorne. The early results measured against real-world tracking data have been strong, and larger-scale testing is now underway.
More details: https://t.co/BedpkEEwpK
Read the ZEE Technical Blog: https://t.co/wXgXguTSeP
““Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much.”
Luke 16:10 NIV https://t.co/dc7ZmRBDzm
“Who is wise and understanding among you? Let them show it by their good life, by deeds done in the humility that comes from wisdom.”
James 3:13 NIV https://t.co/jcSn5D4HPX