Richtech Robotics Inc. reported disappointing quarterly results with weak sales and poor gross margins, resulting in record losses and cash burn. However, persistent dilution from warrant exercises resulted in cash and liquid investments increasing to a record $41.8 million. Last week, the company entered into a new, up to $100 million ATM Agreement which is likely to provide an overhang for th...
New system utilizes advancements in physical AI to provide customers efficient and precise artisanal coffee products Las Vegas, NV, May 16, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, is expanding the capabilities of its AI-powered barista robot, ADAM, with a new artisanal espresso syst...
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks weekly, providing investment ideas and sparking community discussion on their potential. Graham Corporation and Legal & General Group Plc are recommended as buys due to strong balance sheets, strategic growth, and favorable market conditions. Butterfly Network, Hudson Pacific Properties, and B&G Foods are rated as holds, with p...
The Rolls-Royce share price held steady on Thursday after the company published its financial results and reiterated its forward guidance. It was trading at 765p on Thursday, much higher than last month's low of 557p.
New Las Vegas-based facility plans to increase manufacturing and assembly capacity by 400% and accommodate further integration of domestic supply chain Las Vegas, NV, April 16, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or “the Company”), a Nevada-based provider of AI-driven service robots, announced the entry of a purchase and sale agreement for the purch...
AI-driven service robotics company announces global expansion with participation at international wine and spirits trade fair, taking place March 16-18 in Düsseldorf, Germany
Interest in robotics companies has picked up since Nvidia's CEO predicted the coming "robotics era." The post Nvidia's CEO Said The 'Robotics Era' Is Coming.
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