Richtech Robotics Introduces Scorpion, an AI-Powered Single-Arm Beverage Service Robot, and Announces Distribution Partnership for 500 Robots Over Five Years
Richtech Robotics (Nasdaq: RR) has launched Scorpion, an AI-powered single-arm beverage service robot. Scorpion leverages NVIDIA AI technologies to provide personalized drink recommendations and support cocktail and wine tasting programs. The company has signed a distribution agreement with Park 34 Liquor Store Inc. for a minimum of 500 Scorpion units over five years, followed by 500 units annually.
Scorpion will debut on September 26th at Park 34's 1936 Wine and Spirits store in New York. The robot is designed to engage customers, provide consistent beverage quality, and adapt to various environments. It aims to save costs and generate revenue for businesses. Richtech Robotics will offer end-to-end solutions, from conception to ongoing support.
Incorporating NVIDIA technologies, Scorpion features advanced body movement detection, obstacle avoidance, and object recognition. As a single-arm solution, it is more cost-effective and has a smaller footprint than Richtech's ADAM humanoid robot.
Richtech Robotics (Nasdaq: RR) ha lanciato Scorpion, un robot per la degustazione di bevande con braccio singolo alimentato dall'AI. Scorpion sfrutta le tecnologie AI di NVIDIA per fornire raccomandazioni personalizzate sulle bevande e supportare programmi di degustazione di cocktail e vini. L'azienda ha firmato un accordo di distribuzione con Park 34 Liquor Store Inc. per un minimo di 500 unità Scorpion in cinque anni, seguito da 500 unità annue.
Scorpion farà il suo debutto il 26 settembre presso il negozio 1936 Wine and Spirits di Park 34 a New York. Il robot è progettato per coinvolgere i clienti, garantire una qualità costante delle bevande e adattarsi a vari ambienti. Mira a ridurre i costi e generare ricavi per le aziende. Richtech Robotics offrirà soluzioni complete, dalla concezione al supporto continuo.
Incorporando le tecnologie NVIDIA, Scorpion presenta avanzate capacità di rilevamento dei movimenti del corpo, evasione degli ostacoli e riconoscimento degli oggetti. Essendo una soluzione a braccio singolo, è più economica e ha una dimensione ridotta rispetto al robot umanoide ADAM di Richtech.
Richtech Robotics (Nasdaq: RR) ha lanzado Scorpion, un robot de servicio de bebidas de brazo único impulsado por IA. Scorpion utiliza las tecnologías de IA de NVIDIA para ofrecer recomendaciones de bebidas personalizadas y apoyar programas de degustación de cócteles y vinos. La empresa ha firmado un acuerdo de distribución con Park 34 Liquor Store Inc. para un mínimo de 500 unidades Scorpion durante cinco años, seguido de 500 unidades anuales.
Scorpion hará su debut el 26 de septiembre en la tienda 1936 Wine and Spirits de Park 34 en Nueva York. El robot está diseñado para involucrar a los clientes, proporcionar calidad constante en las bebidas y adaptarse a diferentes entornos. Su objetivo es reducir costos y generar ingresos para las empresas. Richtech Robotics ofrecerá soluciones de extremo a extremo, desde la concepción hasta el soporte continuo.
Incorporando tecnologías de NVIDIA, Scorpion cuenta con detection avanzada de movimiento corporal, evasión de obstáculos y reconocimiento de objetos. Como solución de brazo único, es más rentable y ocupa menos espacio que el robot humanoide ADAM de Richtech.
Richtech Robotics (Nasdaq: RR)가 Scorpion을 출시했습니다. AI 기반의 단팔 음료 서비스 로봇입니다. Scorpion은 NVIDIA AI 기술을 활용하여 개인화된 음료 추천을 제공하고 칵테일 및 와인 시음 프로그램을 지원합니다. 이 회사는 Park 34 Liquor Store Inc.와 5년 동안 최소 500대의 Scorpion 유닛에 대한 유통 계약을 체결했으며, 연간 500대를 추가로 공급할 예정입니다.
Scorpion은 뉴욕 Park 34의 1936 Wine and Spirits 매장에서 9월 26일에 데뷔합니다. 이 로봇은 고객과 소통하고, 일관된 음료 품질을 제공하며, 다양한 환경에 적응할 수 있도록 설계되었습니다. 비용 절감과 수익 창출을 목표로 하고 있습니다. Richtech Robotics는 설계부터 지속적인 지원까지 포괄적인 솔루션을 제공합니다.
NVIDIA 기술을 통합하여, Scorpion은 고급 신체 움직임 감지, 장애물 회피 및 객체 인식을 특징으로 합니다. 단팔 솔루션으로서 Richtech의 ADAM 휴머노이드 로봇보다 비용 효율적이고 공간을 덜 차지합니다.
Richtech Robotics (Nasdaq: RR) a lancé Scorpion, un robot de service de boissons à bras unique alimenté par IA. Scorpion utilise les technologies IA de NVIDIA pour fournir des recommandations de boissons personnalisées et soutenir des programmes de dégustation de cocktails et de vins. L'entreprise a signé un accord de distribution avec Park 34 Liquor Store Inc. pour un minimum de 500 unités de Scorpion sur cinq ans, suivi de 500 unités annuelles.
Scorpion fera ses débuts le 26 septembre dans le magasin 1936 Wine and Spirits de Park 34 à New York. Le robot est conçu pour impliquer les clients, fournir une qualité de boisson constante et s'adapter à divers environnements. Il vise à réduire les coûts et à générer des revenus pour les entreprises. Richtech Robotics proposera des solutions de bout en bout, de la conception à un support continu.
En intégrant les technologies NVIDIA, Scorpion offre une détection avancée des mouvements corporels, une évitement d'obstacles et une reconnaissance d'objets. En tant que solution à bras unique, elle est plus économique et occupe une empreinte plus petite que le robot humanoïde ADAM de Richtech.
Richtech Robotics (Nasdaq: RR) hat Scorpion vorgestellt, einen KI-gesteuerten Getränke-Service-Roboter mit einem Arm. Scorpion nutzt NVIDIA-KI-Technologien, um personalisierte Getränkevorschläge zu bieten und Cocktail- sowie Weinverkostungsprogramme zu unterstützen. Das Unternehmen hat einen Vertriebsvertrag mit Park 34 Liquor Store Inc. für mindestens 500 Scorpion-Einheiten über fünf Jahre unterzeichnet, gefolgt von 500 Einheiten jährlich.
Scorpion wird am 26. September im Park 34's 1936 Wine and Spirits Geschäft in New York vorgestellt. Der Roboter ist darauf ausgelegt, Kunden zu begeistern, eine konsistente Getränkewqualität zu gewährleisten und sich an verschiedene Umgebungen anzupassen. Er soll Kosten senken und Einnahmen für Unternehmen generieren. Richtech Robotics wird umfassende Lösungen vom Konzept bis zur kontinuierlichen Unterstützung anbieten.
Durch die Integration der NVIDIA-Technologien verfügt Scorpion über fortschrittliche Körperbewegungserkennung, Hindernisvermeidung und Objekterkennung. Als eine einarmige Lösung ist es kostengünstiger und hat einen kleineren Platzbedarf als der humanoide Roboter ADAM von Richtech.
- Signed distribution agreement for minimum 500 Scorpion units over 5 years, followed by 500 units annually
- Leverages NVIDIA AI technologies for advanced features and capabilities
- Designed to save costs and generate revenue for businesses
- Lower cost and smaller footprint compared to ADAM humanoid robot
- None.
Insights
Richtech Robotics' Scorpion represents a significant leap in AI-driven service robotics. The integration of NVIDIA's advanced technologies, including the Jetson Orin platform and DeepStream SDK, enables 95% accuracy in body movement detection. This level of precision is important for safe operation in complex environments, potentially revolutionizing customer service in the beverage industry.
The use of NVIDIA Isaac ROS libraries for obstacle avoidance and object recognition further enhances Scorpion's capabilities, making it adaptable to various settings. This technological edge could give Richtech Robotics a competitive advantage in the rapidly growing service robotics market.
The distribution agreement with Park 34 Liquor Store Inc. for 500 Scorpion units over five years signals strong market potential. This deal not only provides Richtech Robotics with a steady revenue stream but also serves as a powerful proof of concept for other potential clients. The commitment to 500 units per year after the initial period suggests confidence in long-term demand and scalability.
Scorpion's ability to offer personalized drink recommendations based on customer preferences and mood could be a game-changer in customer engagement, potentially increasing sales and customer loyalty in the competitive beverage retail sector.
While specific financial figures are not provided, Scorpion's potential to save costs and generate revenue for businesses is promising. Its smaller footprint and lower cost compared to the ADAM humanoid robot could make it more accessible to a wider range of clients, potentially expanding Richtech Robotics' market reach.
The company's Nasdaq listing (RR) and this product launch could positively impact investor sentiment. However, the true financial impact will depend on Scorpion's market adoption rate and the company's ability to scale production to meet the agreed distribution targets. Investors should monitor initial customer feedback and adoption rates closely.
Leveraging NVIDIA accelerated computing and offering personalized drinks, Scorpion is expected to save costs, generate revenue, and provide an unforgettable customer experience
LAS VEGAS, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada-based provider of AI-driven service robots, today launches Scorpion, its AI-powered, single-arm beverage service robot. Providing customized drink recommendations based on preferences and mood, Scorpion leverages NVIDIA AI technologies to support its cocktail and wine tasting programs.
Additionally, Richtech Robotics signed a distributor agreement with Park 34 Liquor Store Inc., under which the distributor has agreed to sell a minimum of 500 Scorpion units over five years, followed by a minimum of 500 units per year annually. Scorpion will make its debut on September 26th at Park 34 Liquor Store Inc.’s 1936 Wine and Spirits store in New York, NY, where it will offer a variety of wine and liquor tastings for customers.
Scorpion is designed with the ability to engage with customers, and its interactive personality and entertaining presence provide an unforgettable, novel experience. It is developed to provide consistent beverage quality and service and to be adaptable to many environments. Created to offer advanced service and a viral experience, the robot is expected to save costs and generate revenue for companies. As an end-to-end solutions provider, Richtech Robotics will work closely with clients to implement Scorpion into their businesses, from conception to installation and ongoing support and service.
“We are focused on providing solutions that streamline operations, increase efficiency, and create cash flow for our clients. With that focus, we are proud to unveil Scorpion, sleek in design, agile in its offerings, and eye-catching for customers,” said Matt Casella, Richtech Robotics President. “By incorporating NVIDIA technologies with our own capabilities, we are helping elevate the industry to a new standard of precision and service.”
NVIDIA accelerated computing and AI technologies have been integrated into Scorpion to further enhance the robot. Using the NVIDIA Jetson Orin platform and NVIDIA DeepStream software development kit, Scorpion delivers advanced body movement detection with over
“We are excited to partner with Richtech Robotics and introduce Scorpion to our clientele. The combination of AI-powered customization and efficient service that Scorpion offers will bring a new level of innovation to the beverage industry,” said Damian Phillip, Vice President of Park34 Liquor Store Inc. “We believe this partnership will not only further augment customer experiences but also provide a competitive edge to businesses looking to modernize their operations.”
Being a single-arm solution, Scorpion is lower in cost and has a smaller footprint than Richtech Robotics’ ADAM humanoid robot. It also features a screen that allows clients to customize and display digital content.
More information about the Scorpion can be found at www.richtechrobotics.com/scorpion.
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 Park34 Liquor Store
Park34 Liquor Store Inc. proudly owns 1936 Wine & Spirits, a wine cellar established in 1936. Located in the heart of New York, 1936 Wine & Spirits is a large luxury wine cellar and tasting venue in Manhattan. With a rich heritage and dedication to exceptional quality, the wine cellar offers an extensive collection of premium wine and spirit selections. Each month, the cellar hosts exclusive tasting events, showcasing a diverse array of wine and spirits from around the world for connoisseurs and enthusiasts alike.
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. Such forward-looking statements include, but are not limited to, statements regarding the anticipated success and benefits of the partnership with Park34 Liquor Store Inc., the expected performance of Scorpion, and the potential utility of and market for Richtech Robotics’ products and services.
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 include, among others, risks and uncertainties related to market and other conditions, Richtech Robotics’ ability to deliver the requisite number of Scorpion units under the distributor agreement, Park34 Liquor Store Inc.’s ability to sell the requisite number of Scorpion units under the distributor agreement, and Scorpion’s continued performance. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with 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 Robotics to predict those events or how they may affect Richtech Robotics. 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 Robotics 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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