Leveraging NVIDIA (NASDAQ:) accelerated computing and providing customized drinks, Scorpion is anticipated to save lots of prices, generate income, and supply an unforgettable buyer expertise
LAS VEGAS, Sept. 19, 2024 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (Richtech Robotics), a Nevada-based supplier of AI-driven service robots, right now launches Scorpion, its AI-powered, single-arm beverage service robotic. Offering custom-made drink suggestions primarily based on preferences and temper, Scorpion leverages NVIDIA AI applied sciences to help its cocktail and wine tasting applications.
Moreover, Richtech Robotics signed a distributor settlement with Park 34 Liquor Retailer Inc., underneath which the distributor has agreed to promote a minimal of 500 Scorpion models over 5 years, adopted by a minimal of 500 models per yr yearly. Scorpion will make its debut on September 26th at Park 34 Liquor Retailer Inc.’s 1936 Wine and Spirits retailer in New York, NY, the place it’s going to provide a wide range of wine and liquor tastings for purchasers.
Scorpion is designed with the power to have interaction with clients, and its interactive persona and entertaining presence present an unforgettable, novel expertise. It’s developed to supply constant beverage high quality and repair and to be adaptable to many environments. Created to supply superior service and a viral expertise, the robotic is anticipated to save lots of prices and generate income for firms. As an end-to-end options supplier, Richtech Robotics will work carefully with shoppers to implement Scorpion into their companies, from conception to set up and ongoing help and repair.
We’re targeted on offering options that streamline operations, improve effectivity, and create money circulate for our shoppers. With that focus, we’re proud to unveil Scorpion, glossy in design, agile in its choices, and crowd pleasing for purchasers, stated Matt Casella, Richtech Robotics President. By incorporating NVIDIA applied sciences with our personal capabilities, we’re serving to elevate the trade to a brand new normal of precision and repair.
NVIDIA accelerated computing and AI applied sciences have been built-in into Scorpion to additional improve the robotic. Utilizing the NVIDIA Jetson Orin platform and NVIDIA DeepStream software program growth equipment, Scorpion delivers superior physique motion detection with over 95% accuracy. Moreover, it makes use of NVIDIA Isaac ROS accelerated libraries and digital cameras for correct impediment avoidance and object recognition, optimizing path planning for protected and environment friendly operation in complicated environments. Scorpion assessments and validates your complete software program stack within the NVIDIA Isaac Sim reference software for physically-based simulation.
We’re excited to accomplice with Richtech Robotics and introduce Scorpion to our clientele. The mix of AI-powered customization and environment friendly service that Scorpion affords will carry a brand new stage of innovation to the beverage trade, stated Damian Phillip, Vice President of Park34 Liquor Retailer Inc. We imagine this partnership won’t solely additional increase buyer experiences but additionally present a aggressive edge to companies trying to modernize their operations.
Being a single-arm answer, Scorpion is decrease in value and has a smaller footprint than Richtech Robotics’ ADAM humanoid robotic. It additionally contains a display that enables shoppers to customise and show digital content material.
Extra details about the Scorpion will be discovered at www.richtechrobotics.com/scorpion.
About Richtech Robotics
Richtech Robotics is a supplier of collaborative robotic options specializing within the service trade, together with the hospitality and healthcare sectors. Our mission is to remodel the service trade by collaborative robotic options that improve the client expertise and empower companies to attain extra. By seamlessly integrating cutting-edge automation, we aspire to create a panorama of enhanced interactions, effectivity, and innovation, propelling organizations towards unparalleled ranges of excellence and satisfaction. Be taught extra at www.RichtechRobotics.com and join with us on X (Twitter), LinkedIn, and YouTube.
About Park34 Liquor Retailer
Park34 Liquor Retailer Inc. proudly owns 1936 Wine & Spirits, a wine cellar established in 1936. Situated within the coronary heart of New York, 1936 Wine & Spirits is a big luxurious wine cellar and tasting venue in Manhattan. With a wealthy heritage and dedication to distinctive high quality, the wine cellar affords an intensive assortment of premium wine and spirit alternatives. Every month, the cellar hosts unique tasting occasions, showcasing a various array of wine and spirits from world wide for connoisseurs and lovers alike.
Ahead Wanting Statements
Sure statements on this press launch are forward-looking throughout the that means of the Non-public Securities Litigation Reform Act of 1995. These statements could also be recognized by means of forward-looking phrases reminiscent of anticipate, imagine, forecast, estimate, count on, and intend, amongst others. Ahead-looking statements are predictions, projections and different statements about future occasions which can be primarily based on present expectations and assumptions and, in consequence, are topic to dangers and uncertainties. Such forward-looking statements embrace, however will not be restricted to, statements relating to the anticipated success and advantages of the partnership with Park34 Liquor Retailer Inc., the anticipated efficiency of Scorpion, and the potential utility of and marketplace for Richtech Robotics’ services and products.
These forward-looking statements are primarily based on Richtech Robotics’ present expectations and precise outcomes might differ materially. There are a variety of things that would trigger precise occasions to vary materially from these indicated by such forward-looking statements embrace, amongst others, dangers and uncertainties associated to market and different circumstances, Richtech Robotics’ capability to ship the requisite variety of Scorpion models underneath the distributor settlement, Park34 Liquor Retailer Inc.’s capability to promote the requisite variety of Scorpion models underneath the distributor settlement, and Scorpion’s continued efficiency. Buyers ought to learn the danger elements set forth in Richtech Robotics’ Annual Report on Type 10-Okay/A, filed with the SEC on March 27, 2024, and periodic studies filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly certified by all such danger elements and different cautionary statements. The knowledge set forth herein speaks solely as of the date thereof. New dangers and uncertainties come up over time, and it’s not doable for Richtech Robotics to foretell these occasions or how they might have an effect on Richtech Robotics. If a change to the occasions and circumstances mirrored in Richtech Robotics’ forward-looking statements happens, Richtech Robotics’ enterprise, monetary situation and working outcomes might differ materially from these expressed in Richtech Robotics’ forward-looking statements.
Readers are cautioned to not put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and doesn’t intend to replace or revise these forward-looking statements, whether or not because of new info, future occasions or in any other case.
Contact:
Buyers:
CORE IR
Matt Blazei
ir@richtechrobotics.com
Media:
Timothy Tanksley
Director of Advertising and marketing
Richtech Robotics, Inc
press@richtechrobotics.com
702-534-0050
