Richtech Robotics Announces Joint Venture with Zipphaus to Launch Robot-Operated Cafes [Yahoo! Finance]
Richtech Robotics Inc. (RR)
Company Research
Source: Yahoo! Finance
LAS VEGAS, April 11, 2024 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech”), a Nevada company and a provider of AI-driven service robots, today announced a joint venture with Zipphaus Corp. (“Zipphaus”) to launch robot-operated cafes in hospitals, airports, colleges and universities. This strategic partnership brings together Richtech's pioneering robotics expertise with Zipphaus's operational proficiency to maximize development opportunities across the United States. Through this joint venture, Richtech and Zipphaus will form Zipphaus Plus, LLC (“JV”), which will be focused on deploying Richtech's ADAM robot alongside Zipphaus' cafe management expertise. The JV aims to establish robot-operated flagship cafes in at least two locations at major hospitals as initial launch points. “This joint venture represents a significant step forward in our mission to revolutionize the service industry through collaborative robotics,” said Matt Casella, Richtech's President.
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Sec Filings
- 5/15/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/15/24 - Form EFFECT
- RR's page on the SEC website