Richtech Robotics Announces ADAM Installation at One Kitchen in Rockford, IL Walmart, Marking First Humanoid Drink Robot in the State
Richtech Robotics (Nasdaq: RR) has announced the installation of its ADAM robotic beverage system at a One Kitchen in a Rockford, IL Walmart, marking the first humanoid drink robot in Illinois. This is part of a planned 240-location rollout across the U.S. The installation also includes Matradee L and DUST-E S robots.
The company has launched AlphaMax Management, a new subsidiary to optimize robot integration into clients' businesses. AlphaMax will manage the commercial workflow of One Kitchen restaurants within Walmart, integrating robot operations with traditional restaurant operations, and providing data analysis and AI integration.
ADAM began operations on August 16th, 2024, serving 100-200 cups of coffee and tea daily through an integrated touchscreen POS system. Richtech Robotics will handle programming and maintenance, while One Kitchen manages staff and location logistics.
Richtech Robotics (Nasdaq: RR) ha annunciato l'installazione del suo sistema robotico per bevande ADAM in un One Kitchen all'interno di un Walmart a Rockford, IL, segnando il primo robot umanoide per bevande in Illinois. Questo è parte di un piano di sviluppo di 240 sedi in tutto il paese. L'installazione include anche i robot Matradee L e DUST-E S.
L'azienda ha lanciato AlphaMax Management, una nuova sussidiaria per ottimizzare l'integrazione dei robot nelle aziende dei clienti. AlphaMax gestirà il flusso di lavoro commerciale dei ristoranti One Kitchen in Walmart, integrando le operazioni dei robot con quelle dei ristoranti tradizionali e fornendo analisi dei dati e integrazione dell'IA.
ADAM ha iniziato le operazioni il 16 agosto 2024, servendo ogni giorno tra 100 e 200 tazze di caffè e tè tramite un sistema POS integrato con touchscreen. Richtech Robotics si occuperà della programmazione e della manutenzione, mentre One Kitchen gestirà il personale e la logistica del luogo.
Richtech Robotics (Nasdaq: RR) ha anunciado la instalación de su sistema robótico de bebidas ADAM en un One Kitchen de un Walmart en Rockford, IL, marcando el primer robot humanoide de bebida en Illinois. Esto es parte de un despliegue planificado de 240 ubicaciones en todo Estados Unidos. La instalación también incluye los robots Matradee L y DUST-E S.
La empresa ha lanzado AlphaMax Management, una nueva subsidiaria para optimizar la integración de robots en los negocios de los clientes. AlphaMax gestionará el flujo comercial de los restaurantes One Kitchen dentro de Walmart, integrando las operaciones de los robots con las operaciones de restaurantes tradicionales y proporcionando análisis de datos e integración de IA.
ADAM comenzó a operar el 16 de agosto de 2024, sirviendo de 100 a 200 tazas de café y té diariamente a través de un sistema POS integrado con pantalla táctil. Richtech Robotics se encargará de la programación y el mantenimiento, mientras que One Kitchen gestionará el personal y la logística del lugar.
리치텍 로보틱스(Richtech Robotics) (Nasdaq: RR)는 일리노이주 록포드의 Walmart에 위치한 One Kitchen에 ADAM 로봇 음료 시스템을 설치한다고 발표했으며, 이는 일리노이주 최초의 휴먼로봇 음료기계입니다. 이는 미국 전역에 걸쳐 240개 지역 배포 계획의 일환입니다. 설치에는 Matradee L 및 DUST-E S 로봇도 포함됩니다.
회사는 고객의 비즈니스에 로봇 통합을 최적화하기 위해 AlphaMax Management라는 새로운 자회사를 출범했습니다. AlphaMax는 Walmart 내 One Kitchen 레스토랑의 상업적 작업 흐름을 관리하며, 로봇 작업을 전통적인 레스토랑 운영과 통합하고 데이터 분석 및 AI 통합을 제공합니다.
ADAM은 2024년 8월 16일부터 운영을 시작하여 통합된 터치스크린 POS 시스템을 통해 매일 100-200 잔의 커피와 차를 제공합니다. Richtech Robotics는 프로그래밍 및 유지 관리를 담당하고, One Kitchen은 직원 및 위치 물류를 관리합니다.
Richtech Robotics (Nasdaq: RR) a annoncé l'installation de son système robotique de boissons ADAM dans une One Kitchen d'un Walmart à Rockford, IL, marquant le premier robot humanoïde de boisson dans l'Illinois. Cela fait partie d'un déploiement prévu dans 240 sites à travers les États-Unis. L'installation comprend également les robots Matradee L et DUST-E S.
L'entreprise a lancé AlphaMax Management, une nouvelle filiale pour optimiser l'intégration des robots dans les entreprises de ses clients. AlphaMax gérera le flux commercial des restaurants One Kitchen dans Walmart, intégrant les opérations de robots avec des opérations de restaurant traditionnelles, tout en fournissant des analyses de données et une intégration de l'IA.
ADAM a commencé ses opérations le 16 août 2024, servant entre 100 et 200 tasses de café et de thé par jour via un système POS à écran tactile intégré. Richtech Robotics s'occupera de la programmation et de l'entretien, tandis que One Kitchen gère le personnel et la logistique des lieux.
Richtech Robotics (Nasdaq: RR) hat die Installation seines ADAM-Robotergetränkesystems in einer One Kitchen in einem Walmart in Rockford, IL, angekündigt. Damit wird der erste humanoide Getränkeroboter in Illinois eingeführt. Dies ist Teil einer geplanten Einführung an 240 Standorten in den USA. Die Installation umfasst auch die Roboter Matradee L und DUST-E S.
Das Unternehmen hat AlphaMax Management gegründet, eine neue Tochtergesellschaft, um die Integration von Robotern in die Geschäfte der Kunden zu optimieren. AlphaMax wird den kommerziellen Workflow der One Kitchen-Restaurants innerhalb von Walmart verwalten, Roboteroperationen mit traditionellen Restaurantbetrieben integrieren und Datenanalysen sowie KI-Integration bieten.
ADAM nahm am 16. August 2024 den Betrieb auf und serviert täglich 100-200 Tassen Kaffee und Tee über ein integriertes Touchscreen-POS-System. Richtech Robotics kümmert sich um Programmierung und Wartung, während One Kitchen Personal und Standortlogistik managt.
- Installation of ADAM at Rockford, IL Walmart marks the second of 240 planned installations across the U.S.
- Launch of AlphaMax Management subsidiary to optimize robot integration and generate new revenue streams
- ADAM expected to serve 100-200 cups of coffee and tea per day
- Integrated touchscreen point-of-sale system for efficient ordering and payments
- None.
Insights
Richtech Robotics' ADAM installation in Illinois marks a significant step in the company's expansion strategy. The planned rollout across 240 One Kitchen locations demonstrates strong market demand for AI-driven service robots in the food service industry. This could potentially boost Richtech's revenue and market share in the coming years.
The formation of AlphaMax Management is a strategic move to vertically integrate their offerings. By managing the entire commercial workflow, Richtech can optimize robot performance, gather valuable data and potentially increase profit margins. This holistic approach could give them a competitive edge in the rapidly growing service robotics market.
However, investors should monitor the scalability and reliability of these robots in high-volume settings, as well as customer acceptance and any potential regulatory challenges that may arise with increased automation in food service.
The integration of ADAM, Matradee L and DUST-E S robots into One Kitchen's operations represents a significant shift in restaurant automation. This move could potentially reduce labor costs and improve operational efficiency for One Kitchen, especially in high-traffic locations like Walmart stores.
The expected output of 100-200 drinks per day suggests these robots can handle high-volume demands, which is important for busy retail environments. However, it's important to consider the initial investment costs and ongoing maintenance expenses against potential labor savings.
The success of this rollout could inspire other quick-service restaurants to adopt similar technologies, potentially reshaping the industry's labor landscape. Investors should watch for metrics on customer satisfaction, order accuracy and overall operational efficiency to gauge the long-term viability of this automation strategy.
Latest installation furthers a 240-location rollout at One Kitchens across the U.S. and integrates the Company’s new commercial management venture, AlphaMax Management, formed to optimize the integration of the robots into clients’ businesses
LAS VEGAS, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada-based provider of AI-driven service robots, announces the installation of its advanced robotic beverage system, ADAM, at a One Kitchen in a Rockford, IL Walmart. This milestone marks the second installation as part of a planned rollout across 240 One Kitchen locations in the U.S. One Kitchen restaurants feature multiple national and local brands using a single kitchen. The Rockford Walmart will also have a Richtech Robotics’ Matradee L and DUST-E S installed.
The installation is also part of Richtech Robotics’ new commercial management venture, AlphaMax Management, LLC (“AlphaMax Management”), which was formed to optimize the integration of the Company’s robots into clients’ businesses. As a wholly-owned subsidiary of Richtech Robotics, AlphaMax Management will be responsible for the entire commercial workflow of One Kitchen restaurants within Walmart, to better integrate the operation of robots with traditional restaurant operations, and to provide overall restaurant data analysis, digital marketing, and the integration of artificial intelligence applications.
“We continue to reach new milestones, this time celebrating the first humanoid drink robot in the state of Illinois and also officially launching AlphaMax Management,” said Matt Casella, President at Richtech Robotics. “Our new subsidiary is expected to generate a new revenue stream and also stable cash flow and profit. We look forward to its continued growth.”
Equipped with cutting-edge AI technology, ADAM commenced operations at the Rockford One Kitchen on August 16th, 2024, serving a variety of coffee and boba drinks to customers. The robot is expected to serve 100-200 cups of coffee and tea per day.
Richtech Robotics will handle the programming, maintenance, and repair of the ADAM systems, while One Kitchen will manage staff, location logistics, and leasing. ADAM will operate through a fully integrated touchscreen point-of-sale system for ordering and payments, offering customized beverages on demand and engaging customers with its intelligent conversation AI.
About Richtech Robotics
Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.
About Ghost Kitchens International (GKI)
With restaurants across Canada and the US, GKI is expanding to open 240 more restaurants under the ONE KTICHEN banner in USA and Canada. Each restaurant features multiple national brands made to order, a single operator, innovative front and back-of-house technology, and walk-in and delivery customers. For more information go to www.ghostkitchenbrands.com.
Forward Looking Statements
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.
These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, risks related to the number of One Kitchen locations that will ultimately install and integrate ADAM, risks related to the annual revenue actually generated by each One Kitchen location, and risks related to the number of cups of coffee and tea actually served by each robot per day. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with the Securities and Exchange Commission (the “SEC”) on March 27, 2024, and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotic to predict those events or how they may affect Richtech Robotic. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.
Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investors:
CORE IR
Matt Blazei
ir@richtechrobotics.com
Media:
Timothy Tanksley
Director of Marketing
Richtech Robotics, Inc
press@richtechrobotics.com
702-534-0050
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FAQ
What is the significance of Richtech Robotics' ADAM installation in Rockford, IL?
How many ADAM robots does Richtech Robotics (RR) plan to install across the U.S.?
What is AlphaMax Management and how does it relate to Richtech Robotics (RR)?
When did ADAM start operations at the Rockford One Kitchen, and what is its expected daily output?
