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LAS VEGAS - Richtech Robotics Inc. (NASDAQ:RR) announced Tuesday that its AI-powered robot ADAM has served over 16,000 drinks at the company’s Clouffee & Tea location in Town Square, Las Vegas since the café opened on February 9, 2025.
ADAM, equipped with two robotic arms and powered by NVIDIA technology, prepares and serves a variety of milk teas, coffees, and desserts at the flagship location. The robot uses a proprietary vision-AI system to monitor cups in real time, adjusting pour angle, flow rate, and timing for precise beverage preparation.
"Surpassing 16,000 drinks served is more than just a milestone—it’s a compelling validation of ADAM’s real-world performance and commercial viability," said Matt Casella, President of Richtech Robotics, in the press release.
The company describes ADAM as a "versatile robotic coworker" designed for potential applications beyond beverage service, including retail, laboratories, and other commercial environments.
According to the company statement, Richtech Robotics has deployed over 400 robotic solutions across various industries including hospitality, retail, healthcare, manufacturing, and entertainment. Their client roster includes the Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, and Boyd Gaming.
Richtech Robotics, based in Nevada, positions its robotic solutions as tools that allow human staff to focus on customer engagement while the robots handle service tasks.
In other recent news, Richtech Robotics has unveiled an advanced version of its AI-powered barista robot, ADAM, at a trade show. The upgraded robot features a new artisanal espresso system with enhanced coffee-making capabilities, combining traditional techniques with advanced AI technology. This development highlights the company’s commitment to providing innovative solutions for the hospitality industry. Furthermore, Lake Street Capital Markets has initiated coverage of Richtech Robotics with a Buy rating and a $3.00 price target. The analysts at Lake Street are optimistic about the company’s strategic shift towards a subscription-based revenue model, which they expect to result in sustained double-digit growth and high SaaS margins. They also see the company’s ability to address labor shortages as a key advantage. The analysts suggest that Richtech Robotics is well-positioned for long-term EPS growth. These recent developments indicate a positive outlook for Richtech Robotics as it continues to adapt to market demands and investor expectations.
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