Leveraging NVIDIA (NASDAQ:) accelerated computing and providing personalised 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 this moment launches Scorpion, its AI-powered, single-arm beverage service robotic. Offering personalized drink suggestions based mostly 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., beneath which the distributor has agreed to promote a minimal of 500 Scorpion items over 5 years, adopted by a minimal of 500 items per 12 months 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 should supply quite a lot of wine and liquor tastings for purchasers.
Scorpion is designed with the power to interact with prospects, 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 intently with purchasers to implement Scorpion into their companies, from conception to set up and ongoing help and repair.
We’re centered on offering options that streamline operations, improve effectivity, and create money circulate for our purchasers. With that focus, we’re proud to unveil Scorpion, glossy in design, agile in its choices, and crowd pleasing for purchasers, mentioned 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 package, 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 secure and environment friendly operation in complicated environments. Scorpion checks and validates your entire software program stack within the NVIDIA Isaac Sim reference utility for physically-based simulation.
We’re excited to accomplice with Richtech Robotics and introduce Scorpion to our clientele. The mixture of AI-powered customization and environment friendly service that Scorpion affords will carry a brand new degree of innovation to the beverage trade, mentioned Damian Phillip, Vice President of Park34 Liquor Retailer Inc. We consider 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 incorporates a display that enables purchasers 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 way of collaborative robotic options that improve the shopper 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. Study 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 in depth 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 fanatics alike.
Ahead Wanting Statements
Sure statements on this press launch are forward-looking inside the that means of the Personal Securities Litigation Reform Act of 1995. These statements could also be recognized by means of forward-looking phrases akin to anticipate, consider, forecast, estimate, anticipate, and intend, amongst others. Ahead-looking statements are predictions, projections and different statements about future occasions which can be based mostly on present expectations and assumptions and, in consequence, are topic to dangers and uncertainties. Such forward-looking statements embody, however aren’t restricted to, statements concerning 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 based mostly on Richtech Robotics’ present expectations and precise outcomes might differ materially. There are a selection of things that might trigger precise occasions to vary materially from these indicated by such forward-looking statements embody, amongst others, dangers and uncertainties associated to market and different circumstances, Richtech Robotics’ capability to ship the requisite variety of Scorpion items beneath the distributor settlement, Park34 Liquor Retailer Inc.’s capability to promote the requisite variety of Scorpion items beneath the distributor settlement, and Scorpion’s continued efficiency. Traders ought to learn the danger components set forth in Richtech Robotics’ Annual Report on Type 10-Okay/A, filed with the  SEC  on  March 27, 2024, and periodic experiences filed with the  SEC  on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly certified by all such threat components 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 could range 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 on account of new info, future occasions or in any other case.
Contact:
Traders:
CORE IR
Matt Blazei
ir@richtechrobotics.com
Media: Â
Timothy Tanksley
Director of Advertising
Richtech Robotics, Inc
press@richtechrobotics.com
702-534-0050
