Richtech Robotics Inc.

Overview

Richtech Robotics Inc. is a U.S. robotics and AI technology company focused on embodied AI systems. The company trains proprietary models on in-house data to operate advanced robotic systems in real-world business environments. It designs, engineers, manufactures, and deploys robotic solutions across three pillars: Commercial (food service, retail, hospitality), Industrial (manufacturing, warehousing, automotive), and Data Services (data generation for embodied AI training).

Mission: accelerate the advancement of embodied AI in the United States and build a unified data-rich AI ecosystem connecting over 100,000 intelligent robots (the “Super-Operator” vision).

Product portfolio and market focus

Commercial (customer-facing environments)

• Matradee: restaurant service robot for bussing, serving, hosting, advertising, and entertaining. Delivers food to tables and returns dirty dishes. Operates offline, performs more than 1,000 deliveries per month in busy restaurants, handles wine glasses and delicate items, and supports rapid deployments (3–4 hours).
• ADAM: dual-arm beverage robot for beverage preparation and customer interaction. Performs autonomous mixing, shaking, and espresso extraction with high-precision movement and expandability for espresso, touchless ordering, and POS integration.
• Scorpion: smaller-footprint AI-driven bartender with enhanced vision (gesture and face recognition). Crafts cocktails based on customer input and is designed for broader deployment across venues.

Industrial (heavy-duty environments)

• Titan: high-load AMR delivery robots for retail automotive, warehousing, and manufacturing. Available in expanded configurations with higher carrying capacity.
• DUST-E: autonomous cleaning robots in S and MX models. S serves spaces under 100,000 sq ft (lobbies and challenging surfaces); MX serves up to 500,000 sq ft (warehouses and factories) and is a floor scrubber with large capacity. Features include automatic charging, scheduling, and precise localization.
• Dex: next-generation humanoid robot with dual arms on a wheeled base. Powered by NVIDIA Jetson Thor for perception and planning, using a Sim2Real training pipeline and modular end-effectors. Intended for part handling, machine tending, quality inspection, and packaging. Target launch: early 2026.

Data Services (foundation for embodied AI)

• Data generation and training datasets for frontier embodied AI, including environment design, robot operation, and standardized data collection. Datasets are anchored in the United States and integrated into the company’s AI Cloud Platform (ACP).

Data infrastructure and services

• Proprietary data pipelines support faster iteration, improved safety and accuracy, and expanded capabilities across navigation, manipulation, perception, and decision-making models.
• Corporate data strategy includes collaboration with strategic AI partners to develop training foundations and future foundation models.
• Data Services feed back into product development and partner ecosystems.

Revenue model

• Transitioned from primarily hardware sales to recurring revenue through Robotic-as-a-Service (RaaS) and Data Services.
• RaaS: customers pay monthly over multi-year contracts to shorten time-to-ROI, guarantee service and warranty, and provide predictable recurring revenue.
• Figures below are in thousands of U.S. dollars for fiscal years ended September 30.

2025 Revenue Mix (year ended Sept 30, 2025; figures in thousands)

• Product Sales: $2,309
• Leasing/Service/Rental: $1,429
• RaaS: $692
• Other: $615
• Total Revenue: $5,045

2024 Revenue (year ended Sept 30, 2024; figures in thousands)

• Product Sales: $1,357
• Leasing/Service/Rental: $2,624
• RaaS: $0
• Other: $259
• Total Revenue: $4,240

Key 2025 RaaS metrics:

• 55 RaaS contracts originated in fiscal 2025.

Customers and deployments

• Diversified B2B customer base across hospitality, retail, automotive, manufacturing, and related sectors.
• Deployments primarily in the United States, with installations in Canada, Mexico, and Australia; the company is exploring additional international markets in the Middle East and Europe.
• Public deployment indicators include several hundred active deployments in the U.S. and ongoing master service agreements (MSAs) and statements of work (SOWs) with enterprise customers across automotive, retail, and hospitality.

Franchise and related operations

• Robotic restaurant brand Clouffee & Tea is operated under Alphamax Management.
• First robotic franchise location opened in early 2025 in Las Vegas; additional sites have been identified.
• Two Walmart-located One Kitchen stores opened (Rockford, IL and Peachtree, GA) under a franchise/operations framework.
• Alphamax Management restaurant revenue in 2025: approximately $602 thousand.

Corporate and manufacturing footprint

• Headquarters: owned facility at 2975 Lincoln Road, Las Vegas, NV (acquired April 2025).
• Prior headquarters (leased): 4175 Cameron St, Las Vegas, NV; ~15,792 sq ft; lease through Aug 31, 2027; annual rent in 2025: $268,277.71.
• Retail/other leased facilities: Clouffee & Tea store at Town Square Las Vegas (1,000 sq ft) with a five-year term; store opened Jan 2025.
• Production approach: hybrid model with some components produced by OEM/ODM partners outside the U.S. (primarily China) and final assembly and testing performed in Las Vegas. Plans to expand U.S.-based assembly and manufacturing as capacity and demand grow.

International and partnerships

• Global expansion through direct sales, distributors, and joint ventures, with several international opportunities under active development.
• Partnerships with AI and technology providers and existing MSAs and SOWs with major enterprise customers in automotive, retail, and hospitality.

Intellectual property

• IP portfolio includes U.S. patents and pending applications, multiple trademark registrations, and protection through trade secrets and confidentiality agreements.

People and governance

• As of Sept 30, 2025:
  • 75 total employees (55 in the United States; 20 overseas R&D employees).
  • U.S. employee distribution by function: R&D 27 (49%), Sales & Marketing 12 (22%), Admin/Operations 13, Tech Support & Customer Service 3 (5%).
• The company is publicly listed on Nasdaq (Class B common stock) and has a dual-class structure with significant voting power concentrated among founders.

Financial and operational highlights

• Total employees: 75 (55 U.S., 20 overseas R&D) as of Sept 30, 2025.
• Revenue (fiscal year 2025): $5.045 million; fiscal year 2024: $4.240 million.
• RaaS revenue recognized in 2025: $0.692 million.
• Alphamax Management restaurant revenue in 2025: approximately $0.602 million.
• SOWs under Automotive MSA: 9 active SOWs as of Nov 14, 2026. 2025 SOWs totaled $388,800 in contract value with $44,098.52 in payments received.
• Active operations in the U.S., Canada, Mexico, and Australia; exploring additional markets in the Middle East and Europe.
• Franchise activity: Clouffee & Tea brand launched; two Walmart One Kitchen locations opened; franchise operations under Alphamax Management.
• As a public company, the company bears public-company compliance responsibilities, including internal controls and reporting requirements.