Richtech Robotics Inc. Class B Common Stock
RRRichtech Robotics Inc. Class B (RR) is a company specializing in the development and manufacturing of robotics and automation solutions. It focuses on integrating advanced technologies to enhance industrial processes, offering customizable robotic systems for various sectors including manufacturing, logistics, and warehousing. The company's offerings aim to improve efficiency, safety, and productivity for its clients.
Company News
The global humanoid robot market is projected to grow from $2.92 billion in 2025 to $15.26 billion by 2030 at a 39.2% CAGR, driven by AI advancements and deployment across healthcare, manufacturing, and logistics. Key players including Realbotix, Serve Robotics, Tesla, NVIDIA, and Richtech Robotics are advancing their robotics platforms with new ...
Richtech Robotics stock jumped 4.1% after filing its delayed 2025 10-K report. While the company showed 19% revenue growth to $5 million and positive gross profit, it nearly doubled losses to $15.8 million with cash burn reaching $14 million. The main concern is a 172% increase in general and administrative spending, suggesting overhead costs are...
Richtech Robotics will showcase its humanoid robot Dex at CES 2026 (January 6-9) in Las Vegas. Powered by NVIDIA Jetson Thor and trained using NVIDIA's Isaac frameworks, Dex demonstrates advanced capabilities in dynamic environments with four-hour battery life. The company will present multiple robotic solutions including ADAM (barista duties), M...
The Trump administration is considering supporting domestic robotics development through potential executive orders and industry meetings, with a focus on competing with China's robotics industry. This news caused Richtech Robotics' stock to surge nearly 19% on Wednesday.
Two robotics companies with different strategies are compared: Serve Robotics focuses on autonomous sidewalk delivery, while Richtech Robotics offers service robots across multiple industries. Both have similar market caps but distinct growth trajectories and financial profiles.
