Richtech Robotics Watchlist

tz-plus logo Tracking the Pivotal Point Richtech Robotics: Robots-as-a-Service - AI Service Robots Conquer the Service Sector!

W. Zussner
Reading Time: 1 minute

Richtech benefits from the automation wave in the service sector. Richtech Robotics, based in Nevada, develops AI-driven service robots for industries such as hospitality and healthcare. The company manufactures models including ADAM (service robot) and Scorpion (delivery robot), utilizing technology from NVIDIA. The focus is on enhancing operational efficiency and improving the customer experience through automation. The business model is strategically shifting towards "Robots-as-a-Service" (RaaS), where long-term service contracts and recurring...

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