Richtech Robotics Inc. (RR)
NASDAQ (CM) NASDAQ (CM) Primary 
LSE Summary
RR Stock Soars 114% in 6 Months: Time to Chase or Hold Back?
Richtech Robotics' stock surge highlights its shift to a RaaS model, rising liquidity strength and the mounting dilution risks that investors must weigh.
RR's Pivot to RaaS: Evading Short-Term Setback for Long-Term Growth
Richtech Robotics shifts to a RaaS model, trading short-term revenue softness for recurring MSAs and strong margins as its long-term growth strategy takes shape.
RR Skyrockets 523% in a Year: Is It a Must-Have Stock Now?
Richtech Robotics' pivot to a RaaS model and strong balance sheet signal long-term growth potential.
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Richtech Robotics Inc. Profile
| Machinery Industry | Industrials Sector | Zhenwu Huang CEO | NASDAQ (CM) Exchange | 765504105 CUSIP |
| US Country | 57 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Richtech Robotics Inc. specializes in creating technology-driven solutions tailored for the service industry, leading advancements in automation with a focus on robotic systems. From its inception in 2016 and subsequent rebranding from Richtech Creative Displays LLC in June 2022, the company has positioned itself as a pioneering force behind the integration of robotic technology into various service domains. Operating from its base in Las Vegas, Nevada, Richtech Robotics Inc. caters to an extensive range of sectors including restaurants, hotels, casinos, senior living centers, manufacturing sites, retail environments, hospitals, and movie theaters. The company's mission is to enhance operational efficiencies across these industries through its innovative robotic systems, promising to redefine service delivery and maintenance standards.
Products and Services
Richtech Robotics Inc. offers an array of robotic solutions designed to meet the diverse needs of the service industry, including:
- ADAM and ARM Worker Robots: These robotic systems are engineered for versatile indoor transport and delivery tasks, providing a flexible and efficient solution for moving goods and materials within various service environments.
- Matradee Series (Matradee, Matradee X, Matradee L): A family of delivery robots, each tailored to specific operational needs. These robots are adept at navigating busy service areas, delivering food, beverages, and other items directly to customers or specific locations, enhancing service speed and efficiency.
- Richie and Robbie: Specialized delivery robots designed to operate in diverse settings, providing reliable and autonomous delivery services that streamline operational workflows and improve customer satisfaction.
- DUST-E Series (DUST-E SX, DUST-E MX): Cleaning robots equipped with advanced features to maintain cleanliness and hygiene in various settings. These automated cleaning assistants are crucial for ensuring sanitary conditions in high-traffic service environments.
- Accessories: Richtech Robotics Inc. also supplies a range of accessories to complement and enhance the functionality of their robotic systems. These include bus tubs, cup holders, magnetic tray cases, smartwatches for streamlined operation control, table location systems for precise delivery services, and tray covers for maintaining the quality and hygiene of delivered items.
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