Richtech Robotics Timeline

Events

• 2026-04-07 - Market Signal - Richtech Robotics buys Las Vegas warehouse for AI and robotics expansion - Richtech Robotics entered an agreement to acquire a 79,325-square-foot Las Vegas warehouse facility for approximately $21.2 million. The facility is intended to support warehousing, assembly, light manufacturing, R&D, testing, robotics-focused data… - source: stocktitan.net
• 2026-01-29 - Regulatory - Richtech Robotics announces and closes a $38.7 million private placement priced at-the-market under Nasdaq rules - Richtech Robotics closed a $38.7 million private placement for 8.5 million shares of Class B common stock. The financing was priced at-the-market under Nasdaq rules and represented a completed capital raise. The transaction added public-company funding… - source: ir.richtechrobotics.com
• 2026-01-27 - Partnership - Richtech Robotics collaborates with Microsoft to bring agentic AI into real-world robotics applications - Richtech Robotics announced a collaboration with Microsoft AI Co-Innovation Labs to enhance ADAM and extend agentic AI into physical commercial environments. The company framed the effort as a joint engineering program rather than a simple software… - source: ir.richtechrobotics.com
• 2025-10-28 - Product Launch - Richtech Robotics offers first look at Dex, its first mobile humanoid robot for industrial work - Richtech Robotics unveiled Dex as its first mobile humanoid robot for industrial use, combining the Titan AMR base with a two-armed upper body derived from ADAM. The company said Dex was accelerated by NVIDIA Jetson Thor and trained with a Sim2Real workflow… - source: richtechrobotics.com
• 2024-10-17 - Market Signal - Richtech Robotics expands its Ghost Kitchens agreement to manage 20 additional Walmart-located restaurants - Richtech Robotics announced a binding letter of intent with Ghost Kitchens America to acquire exclusive rights to operate 20 additional Walmart-located restaurants through AlphaMax Management. The company said the sites would be directly managed using… - source: ir.richtechrobotics.com
• 2024-09-19 - Product Launch - Richtech Robotics introduces Scorpion and announces a 500-robot distribution partnership - Richtech Robotics introduced Scorpion as an AI-powered single-arm beverage-service robot built on the same architecture as ADAM but designed for a lower-cost single-arm format. The company said it simultaneously signed a distribution partnership covering 500… - source: ir.richtechrobotics.com
• 2024-08-20 - Deployment - Richtech Robotics announces ADAM installation at One Kitchen in Walmart and launches AlphaMax Management - Richtech Robotics announced installation of ADAM at a One Kitchen location in Rockford, Illinois inside Walmart, describing it as the second site in a planned multi-location rollout. The company said the installation also marked the launch of AlphaMax… - source: ir.richtechrobotics.com
• 2024-07-22 - Deployment - Richtech Robotics completes installation of ADAM at a Ghost Kitchens Walmart location - Richtech Robotics announced completion of ADAM's installation at a Ghost Kitchens site in Dawsonville, Georgia inside a Walmart location. The company said the site was the first of 240 planned locations to integrate ADAM into operations and positioned it as… - source: ir.richtechrobotics.com
• 2024-01-25 - Partnership - Richtech Robotics signs letter of intent with Ghost Kitchens to deploy ADAM across 240 customer-facing restaurant locations - Richtech Robotics announced a letter of intent with Ghost Kitchens to launch its ADAM robotic beverage system in customer-facing locations across 240 Ghost Kitchens restaurants. The company said the planned rollout would place ADAM in high-traffic… - source: ir.richtechrobotics.com