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Richtech Robotics Celebrates Completion of Installation of ADAM at Ghost Kitchens inside Dawsonville, GA Walmart

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Richtech Robotics (Nasdaq: RR) has successfully installed its AI-driven robotic beverage system, ADAM, at a Ghost Kitchens location inside a Walmart in Dawsonville, GA. This marks the beginning of a planned 240-location rollout across the US. ADAM, which began operations on June 13th, 2024, serves various coffee drinks, including the popular Iced Foamy Hazelnut Latte.

The installation aims to demonstrate ADAM's ability to deliver consistent, high-quality beverages while improving operational efficiency. Richtech Robotics and Ghost Kitchens have signed a non-binding Letter of Intent for this expansion, with Richtech handling programming and maintenance, while Ghost Kitchens manages staff and logistics. This partnership is expected to enhance customer experience and drive success for both companies.

Richtech Robotics (Nasdaq: RR) ha installato con successo il suo sistema di bevande robotiche basato su intelligenza artificiale, ADAM, in una location di Ghost Kitchens all'interno di un Walmart a Dawsonville, GA. Questo segna l'inizio di un piano di rollout in 240 località in tutto il paese. ADAM, che ha iniziato le operazioni il 13 giugno 2024, serve diverse bevande a base di caffè, tra cui il popolare Iced Foamy Hazelnut Latte.

L'installazione ha l'obiettivo di dimostrare la capacità di ADAM di offrire bevande costanti e di alta qualità, migliorando al contempo l'efficienza operativa. Richtech Robotics e Ghost Kitchens hanno firmato una Lettera di Intenti non vincolante per questa espansione, con Richtech che si occupa della programmazione e della manutenzione, mentre Ghost Kitchens gestisce il personale e la logistica. Questa collaborazione è destinata a migliorare l'esperienza del cliente e a garantire successo per entrambe le aziende.

Richtech Robotics (Nasdaq: RR) ha instalado con éxito su sistema de bebidas robóticas impulsado por inteligencia artificial, ADAM, en una ubicación de Ghost Kitchens dentro de un Walmart en Dawsonville, GA. Esto marca el comienzo de un plan de despliegue en 240 ubicaciones en los EE.UU. ADAM, que comenzó a operar el 13 de junio de 2024, ofrece varias bebidas de café, incluyendo el popular Iced Foamy Hazelnut Latte.

La instalación tiene como objetivo demostrar la capacidad de ADAM para entregar bebidas consistentes y de alta calidad, mientras mejora la eficiencia operativa. Richtech Robotics y Ghost Kitchens han firmado una Carta de Intención no vinculante para esta expansión, con Richtech gestionando la programación y el mantenimiento, mientras que Ghost Kitchens maneja el personal y la logística. Se espera que esta asociación mejore la experiencia del cliente y impulse el éxito de ambas empresas.

리치텍 로보틱스 (Nasdaq: RR)는 조지아주 다슨빌의 월마트 내 고스트 키친 위치에 인공지능 기반 로봇 음료 시스템 아담(ADAM)을 성공적으로 설치했습니다. 이는 미국 전역에서 240개 지점 배포 계획의 시작을 의미합니다. 아담은 2024년 6월 13일부터 운영을 시작했으며, 인기 있는 아이스 폼 헤이즐넛 라떼를 포함한 다양한 커피 음료를 제공합니다.

이번 설치는 아담이 일관되고 높은 품질의 음료를 제공하면서 운영 효율성을 개선할 수 있음을 증명하는 것을 목표로 하고 있습니다. 리치텍 로보틱스와 고스트 키친은 이번 확장을 위한 비구속적 의향서에 서명했으며, 리치텍이 프로그래밍과 유지보수를 담당하고 고스트 키친이 직원과 물류를 관리합니다. 이 파트너십은 고객 경험을 향상시키고 두 기업 모두의 성공을 이끌 것으로 기대됩니다.

Richtech Robotics (Nasdaq: RR) a installé avec succès son système de boissons robotique alimenté par intelligence artificielle, ADAM, dans un emplacement de Ghost Kitchens à l'intérieur d'un Walmart à Dawsonville, GA. Cela marque le début d'un déploiement prévu de 240 emplacements à travers les États-Unis. ADAM, qui a commencé ses opérations le 13 juin 2024, sert diverses boissons à base de café, y compris le populaire Iced Foamy Hazelnut Latte.

L'installation vise à démontrer la capacité d'ADAM à fournir des boissons cohérentes et de haute qualité tout en améliorant l'efficacité opérationnelle. Richtech Robotics et Ghost Kitchens ont signé une lettre d'intention non contraignante pour cette expansion, Richtech s'occupant de la programmation et de la maintenance, tandis que Ghost Kitchens gère le personnel et la logistique. Ce partenariat devrait améliorer l'expérience client et favoriser le succès des deux entreprises.

Richtech Robotics (Nasdaq: RR) hat erfolgreich sein KI-gesteuertes Robotergetränkesystem ADAM an einem Ghost Kitchens-Standort innerhalb eines Walmart in Dawsonville, GA installiert. Dies markiert den Beginn einer geplanten Ausweitung auf 240 Standorte in den USA. ADAM, das am 13. Juni 2024 den Betrieb aufgenommen hat, serviert verschiedene Kaffeegetränke, darunter den beliebten Iced Foamy Hazelnut Latte.

Die Installation zielt darauf ab, die Fähigkeit von ADAM zu demonstrieren, konsistente, hochwertige Getränke zu liefern und gleichzeitig die Betriebseffizienz zu verbessern. Richtech Robotics und Ghost Kitchens haben eine unverbindliche Absichtserklärung für diese Expansion unterzeichnet, wobei Richtech die Programmierung und Wartung übernimmt, während Ghost Kitchens das Personal und die Logistik verwaltet. Diese Partnerschaft soll das Kundenerlebnis verbessern und den Erfolg beider Unternehmen vorantreiben.

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ADAM’s integration at Ghost Kitchens marks the start of a 240-location rollout across the US.

LAS VEGAS, July 22, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada company and a provider of AI-driven service robots, proudly announces the installation of its advanced robotic beverage system, ADAM, at Ghost Kitchens International Inc. (“Ghost Kitchens”) in Dawsonville, GA. This milestone marks the beginning of a partnership aimed at revolutionizing the food and beverage industry through robotic solutions that automate business operations and provide a unique customer experience.

Located inside a Walmart, the Dawsonville Ghost Kitchens is the first of 240 planned locations to integrate ADAM into its operations. ADAM, equipped with cutting-edge AI technology, commenced operation on June 13th, 2024, serving a variety of traditional and specialty coffee drinks to customers at the Dawsonville Ghost Kitchens, including the crowd-favorite Iced Foamy Hazelnut Latte. With this installation, Richtech Robotics hopes to demonstrate Adam’s ability to deliver consistent, high-quality beverages while enhancing operational efficiency and customer satisfaction. Richtech Robotics is proud to be among the few companies pioneering the integration of AI and robotics into everyday business operations.

"ADAM's introduction to the beverage industry addresses several key challenges, including the need for consistency, efficiency, and a memorable customer experience," said Matt Casella, President of Richtech Robotics. "By automating drink preparation, ADAM is intended to allow human staff to focus on creating meaningful connections with guests, thereby elevating the overall customer experience."

The staff at the Dawsonville location has reported positive feedback on ADAM from customers, which underscores ADAM's potential to transform the service industry. As part of a broader planned rollout, Richtech Robotics and Ghost Kitchens recently signed a non-binding Letter of Intent (“LOI”) to deploy ADAM across 240 Ghost Kitchens locations. This partnership aims to enhance behind-the-register efficiency and increase customer engagement at these highly popular retailer locations.

"The engagement with Ghost Kitchens provides important momentum as we continue to execute on our business plan and provide value for stockholders," added Mr. Casella. "We expect ADAM to significantly improve operational capabilities at Ghost Kitchens' Walmart locations."

George Kottas, CEO of Ghost Kitchens International, expressed enthusiasm for the collaboration, stating, "This is a momentous opportunity to work with an emerging leader in robotics. We anticipate this union will improve the customer experience, driving further awareness and success on both sides."

Under the terms of the LOI, Richtech Robotics will handle the programming, maintenance, and repair of the ADAM systems, while Ghost Kitchens 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.

Richtech Robotics remains committed to its mission of transforming the service industry through collaborative robotic solutions that enhance customer experiences and empower businesses to achieve more. The installation at Ghost Kitchens in Dawsonville is a testament to this commitment and sets the stage for future advancements in the industry.

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

With restaurants across Canada and the US, Ghost Kitchens is poised to expand to open over 240 more in 2024 in the US, and pilot kitchens in Europe, Asia, and India. 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 ADAM’s ability to deliver consistent, high-quality beverages while enhancing operational efficiency and customer satisfaction, the number of Ghost Kitchen locations that will ultimately install and integrate ADAM, the parties’ ability to negotiate and execute a definitive agreement in connection with the LOI; the parties’ ability to implement the definitive agreement, and risks related to the parties’ ability to realize the benefits of described herein. 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

When did ADAM start operating at the Dawsonville Ghost Kitchens location?

ADAM, Richtech Robotics' (RR) robotic beverage system, began operations at the Dawsonville Ghost Kitchens location on June 13th, 2024.

How many Ghost Kitchens locations are planned for ADAM's rollout?

Richtech Robotics (RR) and Ghost Kitchens have planned a rollout of ADAM across 240 Ghost Kitchens locations in the US.

What is the stock symbol for Richtech Robotics?

The stock symbol for Richtech Robotics is RR, and it is listed on the Nasdaq stock exchange.

What type of drinks does ADAM serve at the Dawsonville Ghost Kitchens?

ADAM serves a variety of traditional and specialty coffee drinks, including the popular Iced Foamy Hazelnut Latte, at the Dawsonville Ghost Kitchens location.

Where is the first Ghost Kitchens location with ADAM installed?

The first Ghost Kitchens location to have Richtech Robotics' (RR) ADAM installed is inside a Walmart in Dawsonville, Georgia.

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