Richtech Robotics Inc
On October 17, 2026, Richtech Robotics Inc. (NASDAQ: RR) announced the execution of a binding Letter of Intent with Ghost Kitchens America to expand its restaurant operations model across 20 additional Walmart locations in Arizona, Colorado, and Texas. Managed by Richtech Robotics' subsidiary, AlphaMax Management LLC, the facilities will integrate proprietary robotics and AI cloud technologies to optimize workflow and reduce operational expenses. Each restaurant is projected to generate between $700,000 and $2 million in annual revenue, establishing a scalable commercial deployment blueprint for the company's Robot--as--a--Service business model.