Date | Price Target | Rating | Analyst |
---|---|---|---|
4/11/2025 | $3.50 | Buy | H.C. Wainwright |
3/18/2025 | $3.00 | Buy | Lake Street |
8-K - RICHTECH ROBOTICS INC. (0001963685) (Filer)
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The addition highlights the company's commitment to delivering long-term shareholder value and driving positive impact through AI-driven robotics LAS VEGAS, July 01, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics" or the "Company"), a Nevada-based provider of AI-driven service robots, announces that it has been added to the US small-cap Russell 2000® Index. The inclusion, which took effect after the US market closed on June 27, 2025, was a result of the 2025 Russell Indexes reconstitution. The Russell 2000 Index is a subset of the Russell 3000® Index which is designed to represent approximately 98% of the investable US equity market. It includes approximat
Agreement with Beijing Tongchuang Technology Development Co., Ltd. strengthens regional momentum through purchase, service, and licensing of flagship products LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics" or the "Company"), a Nevada-based provider of AI-driven service robots, today announced the signing of a multi-million-dollar sales agreement with Beijing Tongchuang Technology Development Co., Ltd. by its Chinese joint venture, Boyu Artificial Intelligence Technology Co., Ltd. The agreement, valued at over $4 million, includes the purchase, service, and software licensing of products from three of Richtech's key product lines: ADAM
Collaboration through Joint Venture Boyu AI Technology will advance core software-hardware R&D, vertical market deployment, and industry incubation LAS VEGAS, June 27, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics" or the "Company"), a Nevada-based provider of AI-driven service robots, today announced the signing of a Strategic Cooperation Agreement with Beijing City of Design Development Co., Ltd. via their Chinese joint venture, Boyu Artificial Intelligence (Beijing) Technology Co., Ltd. The partnership will concentrate on joint research and development, commercialization across high-growth verticals, and incubation of next-generation service-robotics s
Company's AI-powered robot, ADAM, will serve space themed cocktails to attendees of the Invite-Only VIP Legacy of Launch event LAS VEGAS, June 26, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics" or the "Company"), a Nevada-based provider of AI-driven service robots, announces that its cutting-edge robot, ADAM, will be featured at the Legacy of Launch 75th Anniversary event, taking place on July 24, 2025 in the Kennedy Space Center Shuttle Room, which is located at the Kennedy Space Center Visitor Complex. This invitation-only VIP event is a rare and transformative moment that will seamlessly unite history, celebration, and vision. Designed to honor the ex
Company's AI-powered robot, ADAM, continues to revolutionize beverage service and free its human counterparts to engage with customers LAS VEGAS, June 17, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics" or the "Company"), a Nevada-based provider of AI-powered service robotics, announced today that its cutting-edge robot, ADAM, has officially served over 16,000 drinks at Clouffee & Tea in Town Square, Las Vegas. Opened on February 9, 2025, Clouffee & Tea is the Company's flagship food and beverage concept, showcasing ADAM's capabilities in a real-world retail setting. The café features a diverse menu of milk teas, coffees, and desserts—all prepared and ser
Las Vegas, NV, June 12, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics" or the "Company"), a Nevada-based provider of AI-driven service robots, announced that its Titan robot was selected as the winner of the Robotics Innovation of the Year award by the 4th annual SupplyTech Breakthrough Awards program. The Titan robot is designed to increase efficiency and revenue by streamlining delivery, in the automotive repair space for example, allowing employees to work faster and smarter. "We're honored that our Titan robot has been recognized by the SupplyTech Breakthrough Awards for its innovation and impact," said Matt Casella, President of Richtech Robotics. "
Las Vegas, NV, May 28, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics" or the "Company"), a Nevada-based provider of AI-driven service robots, announces that it has been selected for preliminary inclusion in the US small-cap Russell 2000® Index, according to a preliminary list of additions published by FTSE Russell on Friday, May 23, 2025. The newly reconstituted indexes are expected to take effect after US market close on June 27, 2025, as part of the 2025 Russell Indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The Company's stock will also b
New system utilizes advancements in physical AI to provide customers efficient and precise artisanal coffee products Las Vegas, NV, May 16, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics" or the "Company"), a Nevada-based provider of AI-driven service robots, is expanding the capabilities of its AI-powered barista robot, ADAM, with a new artisanal espresso system debuting at the National Restaurant Association Show at McCormick Place Convention Center in Chicago from May 17 to May 20, 2025. "Richtech Robotics remains committed to delivering practical, revenue-generating AI solutions that solve high-need challenges in hospitality today," said Matt Casella,
New Las Vegas-based facility plans to increase manufacturing and assembly capacity by 400% and accommodate further integration of domestic supply chain Las Vegas, NV, April 16, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics" or "the Company"), a Nevada-based provider of AI-driven service robots, announced the entry of a purchase and sale agreement for the purchase of a piece of land located at 2975 Lincoln Road, Las Vegas, Nevada ("Lincoln Property"), covering approximately 20,000 square feet, to expand its headquarters. The acquisition of the Lincoln Property is scheduled to close on or before May 15, 2025, and is expected to quadruple the Company's assem
NetworkNewsWire Editorial Coverage NEW YORK, April 10, 2025 /PRNewswire/ -- Facing ongoing labor shortages and rising consumer demands, the hospitality and food service sectors are increasingly turning to artificial intelligence (AI)-driven service robots. These cutting-edge technologies are helping hotels, restaurants, and cafes streamline operations, lower costs, and elevate customer experiences. As the hospitality robotics market is expected to surge to $65.4 billion by 2032 (https://ibn.fm/WxsRw), robotic innovations are swiftly becoming central to addressing workforce gaps and modernizing service delivery. Nightfood Holdings Inc. (OTCQB: NGTF) (profile) is at the forefront of this evolu
H.C. Wainwright initiated coverage of Richtech Robotics with a rating of Buy and set a new price target of $3.50
Lake Street initiated coverage of Richtech Robotics with a rating of Buy and set a new price target of $3.00
Columbia University announced as first institution to join the program LAS VEGAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics"), a Nevada-based provider of AI-driven service robots, proudly announces the launch of the Richtech Accelerator Program. This initiative aims to bolster AI and robotics research at U.S. universities by integrating localized AI models with robotics hardware, marking a significant step forward in the advancement of localized AI systems for robots. The goal of this program is to provide AI and robotics research institutions with more technologically advanced development frameworks, granting them access to Richtech Robotic
Richtech Robotics' AI service robot ADAM worked alongside Delaware North at Texas Rangers' Globe Life Field LAS VEGAS, July 23, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (NASDAQ:RR) ("Richtech Robotics"), a Nevada company and a provider of AI-driven service robots, today announces the official installation of their robotic solution ADAM at the Texas Rangers' Major League Baseball stadium, Globe Life Field. With unique AI capabilities and advanced human-like motions, ADAM will serve as the first humanoid bartender robot in any major league sports arena or large-scale entertainment venue. The launch of ADAM at Globe Life Field, in collaboration with global hospitality and entertainme
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