Reported about 11 hours ago
Richtech Robotics Inc. has signed a $4 million sales agreement with Beijing Tongchuang Technology, facilitated through its joint venture, Boyu Artificial Intelligence Technology. The deal includes the purchase, service, and software licensing of its AI product lines, such as the ADAM coffee robot, Scorpion service robot, and Titan delivery robot. This agreement is expected to significantly increase Richtech's revenue, projecting a 33% growth for the fiscal year, while maintaining high profit margins.
Source: YAHOO