Richtech Robotics Launches the Richtech Accelerator Program to Bolster AI and Robotics Research at U.S. Universities
Richtech Robotics (Nasdaq: RR) has launched the Richtech Accelerator Program to advance AI and robotics research at U.S. universities. Columbia University is the first institution to join, focusing on Natural Language Processing integration with Richtech's robotic systems.
The program provides research institutions access to Richtech's commercially-validated robotic systems, including autonomous mobile robots and robotic arm platforms equipped with machine vision and voice interaction modules powered by NVIDIA Jetson Orin Nano. Notable robots include ADAM and Scorpion.
The initiative aims to enhance machine vision, AI interaction, and robotic arm path planning using localized AI models. Participants receive access to Richtech's APIs and can apply for either fully funded ( to 10 recipients) or partially funded positions. The company, with over 300 robots deployed worldwide, aims to improve efficiency and address labor shortages in manufacturing, healthcare, and service sectors.
Richtech Robotics (Nasdaq: RR) ha lanciato il Richtech Accelerator Program per promuovere la ricerca sull'IA e la robotica nelle università statunitensi. L'Università di Columbia è la prima istituzione a partecipare, concentrandosi sull'integrazione del Natural Language Processing con i sistemi robotici di Richtech.
Il programma offre alle istituzioni di ricerca l'accesso ai sistemi robotici commercialmente validati di Richtech, inclusi robot mobili autonomi e piattaforme di bracci robotici dotati di moduli di visione artificiale e interazione vocale alimentati da NVIDIA Jetson Orin Nano. I robot di spicco includono ADAM e Scorpion.
L'iniziativa mira a migliorare la visione artificiale, l'interazione con l'IA e la pianificazione dei percorsi dei bracci robotici utilizzando modelli di IA localizzati. I partecipanti ricevono accesso alle API di Richtech e possono candidarsi per posizioni completamente finanziate (fino a 10 destinatari) o parzialmente finanziate. L'azienda, con oltre 300 robot distribuiti in tutto il mondo, punta a migliorare l'efficienza e affrontare le carenze di manodopera nei settori della manifattura, della sanità e dei servizi.
Richtech Robotics (Nasdaq: RR) ha lanzado el Richtech Accelerator Program para avanzar en la investigación de IA y robótica en universidades de EE. UU. La Universidad de Columbia es la primera institución en unirse, centrando su atención en la integración del Procesamiento de Lenguaje Natural con los sistemas robóticos de Richtech.
El programa proporciona a las instituciones de investigación acceso a los sistemas robóticos validados comercialmente de Richtech, incluidos robots móviles autónomos y plataformas de brazos robóticos equipadas con módulos de visión artificial e interacción por voz alimentados por NVIDIA Jetson Orin Nano. Robots destacados incluyen ADAM y Scorpion.
La iniciativa tiene como objetivo mejorar la visión artificial, la interacción con IA y la planificación de trayectorias de brazos robóticos utilizando modelos de IA localizados. Los participantes reciben acceso a las API de Richtech y pueden postularse para posiciones completamente financiadas (hasta 10 beneficiarios) o parcialmente financiadas. La empresa, con más de 300 robots desplegados en todo el mundo, busca mejorar la eficiencia y abordar la escasez de mano de obra en los sectores de manufactura, salud y servicios.
Richtech Robotics (Nasdaq: RR)는 미국 대학에서 AI 및 로봇 연구를 발전시키기 위해 Richtech Accelerator Program을 시작했습니다. 컬럼비아 대학교가 첫 번째 기관으로 참여하여 Richtech의 로봇 시스템과의 자연어 처리 통합에 집중하고 있습니다.
이 프로그램은 연구 기관에 Richtech의 상업적으로 검증된 로봇 시스템, 자율 이동 로봇 및 NVIDIA Jetson Orin Nano로 구동되는 머신 비전 및 음성 상호작용 모듈이 장착된 로봇 팔 플랫폼에 대한 접근을 제공합니다. 주목할 만한 로봇으로는 ADAM과 Scorpion이 있습니다.
이 이니셔티브는 로컬 AI 모델을 사용하여 머신 비전, AI 상호작용 및 로봇 팔 경로 계획을 향상시키는 것을 목표로 합니다. 참가자는 Richtech의 API에 접근할 수 있으며, 완전 자금 지원(최대 10명 수혜자) 또는 부분 자금 지원 자리에 신청할 수 있습니다. 300개 이상의 로봇이 전 세계에 배치된 이 회사는 제조, 의료 및 서비스 분야에서 효율성을 개선하고 인력 부족 문제를 해결하는 것을 목표로 합니다.
Richtech Robotics (Nasdaq: RR) a lancé le Richtech Accelerator Program pour faire avancer la recherche sur l'IA et la robotique dans les universités américaines. L'Université de Columbia est la première institution à rejoindre ce programme, se concentrant sur l'intégration du traitement du langage naturel avec les systèmes robotiques de Richtech.
Le programme offre aux institutions de recherche un accès aux systèmes robotiques commercialement validés de Richtech, y compris des robots mobiles autonomes et des plateformes de bras robotiques équipées de modules de vision machine et d'interaction vocale alimentés par NVIDIA Jetson Orin Nano. Parmi les robots notables figurent ADAM et Scorpion.
L'initiative vise à améliorer la vision machine, l'interaction avec l'IA et la planification des trajectoires des bras robotiques en utilisant des modèles d'IA localisés. Les participants ont accès aux API de Richtech et peuvent postuler pour des postes entièrement financés (jusqu'à 10 bénéficiaires) ou partiellement financés. L'entreprise, avec plus de 300 robots déployés dans le monde, vise à améliorer l'efficacité et à répondre aux pénuries de main-d'œuvre dans les secteurs de la fabrication, de la santé et des services.
Richtech Robotics (Nasdaq: RR) hat das Richtech Accelerator Program ins Leben gerufen, um die Forschung in den Bereichen KI und Robotik an US-Universitäten voranzutreiben. Die Columbia University ist die erste Institution, die sich anschließt und sich auf die Integration der natürlichen Sprachverarbeitung mit den robotischen Systemen von Richtech konzentriert.
Das Programm bietet Forschungsinstitutionen Zugang zu den kommerziell validierten robotischen Systemen von Richtech, einschließlich autonomer mobiler Roboter und Roboterarm-Plattformen, die mit maschineller Sicht und Sprachinteraktionsmodulen ausgestattet sind, die von NVIDIA Jetson Orin Nano betrieben werden. Zu den bemerkenswerten Robotern gehören ADAM und Scorpion.
Die Initiative zielt darauf ab, die maschinelle Sicht, die KI-Interaktion und die Wegplanung der Roboterarme mithilfe lokalisierter KI-Modelle zu verbessern. Die Teilnehmer erhalten Zugang zu den APIs von Richtech und können sich entweder für vollständig finanzierte (bis zu 10 Empfänger) oder teilweise finanzierte Positionen bewerben. Das Unternehmen, das weltweit über 300 Roboter im Einsatz hat, strebt an, die Effizienz zu steigern und den Arbeitskräftemangel in der Fertigung, im Gesundheitswesen und im Dienstleistungssektor zu bekämpfen.
- Strategic partnership with Columbia University, enhancing research capabilities
- Access to commercial validation through 300+ deployed robots worldwide
- Potential revenue stream through partially funded program positions
- Expansion into academic sector strengthening R&D capabilities
- fully funded positions (10) may restrict program reach
- Investment required for partially funded positions could impact financials
Insights
The launch of Richtech's Accelerator Program represents a sophisticated strategy to accelerate R&D while minimizing costs. By partnering with academic institutions, Richtech gains access to cutting-edge research talent and facilities without the substantial overhead of maintaining an extensive in-house research team. The selection of Columbia University as the inaugural partner is particularly strategic, given their strong computer science program and expertise in Natural Language Processing.
The program's focus on localized AI models is especially noteworthy. Localized AI processing enables robots to operate with reduced latency and enhanced privacy, critical factors for commercial applications in sensitive environments like healthcare and manufacturing. This approach could significantly differentiate Richtech's offerings in the competitive service robotics market.
The program's structure reveals a careful balance between exclusivity and scalability. The limitation to ten fully-funded recipients creates a competitive environment that should attract top-tier research proposals, while the unlimited partially-funded tier enables broader ecosystem development. This two-tiered approach maximizes the potential for breakthrough innovations while managing resource allocation efficiently.
The provision of commercially-validated robotics platforms, including the NVIDIA Jetson Orin Nano hardware, eliminates significant barriers to entry for researchers. This accelerates the development cycle by allowing researchers to focus on AI and software innovations rather than hardware development. The standardization of development platforms could also facilitate faster commercialization of successful research outcomes.
The strategic value extends beyond immediate R&D benefits. By establishing these academic partnerships, Richtech is positioning itself as a central player in the robotics AI ecosystem. This network effect could create substantial competitive advantages through preferential access to emerging technologies and talent pipelines. The program effectively transforms academic research budgets into leveraged R&D investments for Richtech, potentially accelerating their technology development while maintaining capital efficiency.
Columbia University announced as first institution to join the program
LAS VEGAS, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics”), a Nevada-based provider of AI-driven service robots, proudly announces the launch of the Richtech Accelerator Program. This initiative aims to bolster AI and robotics research at U.S. universities by integrating localized AI models with robotics hardware, marking a significant step forward in the advancement of localized AI systems for robots.
The goal of this program is to provide AI and robotics research institutions with more technologically advanced development frameworks, granting them access to Richtech Robotics’ commercially-validated robotic systems. These include autonomous mobile robots (AMRs) and robotic arm platforms, which are equipped with machine vision and voice interaction modules and powered by NVIDIA Jetson Orin Nano. The program features notable robots, such as ADAM and Scorpion, which have gained significant media attention at CES multiple times.
Through the Richtech Accelerator Program, research labs will be established in collaboration with participating universities to enhance machine vision, AI interaction, and robotic arm path planning – all deployed on a localized AI model. The ultimate goal is to help industries including manufacturing, healthcare, and the service sector, benefit from AI-powered robotic solutions by improving efficiency and addressing labor shortages.
Columbia University is the first institution to join the program under the leadership of Associate Professor Zhou Yu from the Fu Foundation School of Engineering and Applied Science. Their research will focus on Natural Language Processing (NLP), aiming to localize NLP models within Richtech Robotics’ robotic systems. These integrations will enable seamless human-robot interaction with minimal setup, aligning with Richtech Robotics' broader vision: enabling robots to understand and execute tasks through natural language rather than requiring specialized engineers to code each function.
“We are thrilled to launch the Richtech Accelerator Program and proud to announce Columbia University as our first partner,” said Matt Casella, President of Richtech Robotics. “Our mission is to leverage AI robotics technology to reduce strenuous labor for humans, ultimately creating more freedom through technology. This program allows leading research institutions to directly develop localized AI models on Richtech Robotics’ commercially-validated robotic platforms, eliminating the need to build robotic structures from scratch and thus improving research efficiency and, potentially, success rates.”
Participants in the Richtech Accelerator Program will also gain exclusive access to Richtech’s Application Programming Interfaces (APIs), enabling researchers to customize and enhance AI integration in unique ways and further advance groundbreaking research.
With over 300 robots successfully deployed worldwide, Richtech Robotics seeks to collaborate with talented and innovative developers through this program, building an AI-driven robotics ecosystem and assisting institutions in successfully commercializing their research results.
The Richtech Accelerator Program offers two types of funding: fully funded and partially funded. The fully funded option is limited to ten recipients, while the number of partially funded spots is unlimited.
For universities and researchers interested in joining the Richtech Accelerator Program, please visit www.RichtechRobotics.com or contact Timothy Tanksley at press@richtechrobotics.com.
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.
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 performance of Richtech Robotics’ products and the success of the Richtech Accelerator Program, including the likelihood of improving research efficiency and success rates.
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 the results of the Richtech Accelerator Program and the ability of AI-powered robotic solutions to improve efficiency. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with the SEC on February 7, 2025, the IPO registration statement 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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