Richtech Robotics Secures $4M+ AI Robot Sales Deal in China, Expands Asian Market Presence

Richtech Robotics Inc. (NASDAQ:RR) is one of the best small cap AI stocks to buy according to analysts. On July 1, Richtech Robotics announced a sales agreement valued at over $4 million. The agreement was secured through its Chinese joint venture, Boyu Artificial Intelligence Technology Co. Ltd., with Beijing Tongchuang Technology Development Co. Ltd., and was officially signed on June 24 earlier this year.

The deal includes the purchase, service, and software licensing of products from 3 of Richtech’s robot lines. One is the ADAM, which is an AI-powered barista robot that prepares beverages. Another is the Scorpion, which is a service robot used in restaurant environments, while the Titan is a heavy-duty robot designed for delivery tasks. This is expected to boost Richtech’s Q4 2025 and generate recurring income from ongoing services and software licensing.

The multi-million-dollar agreement enhances the company’s presence in China and opens doors for additional opportunities across the broader Asian market. The company has already deployed over 400 robot solutions across the US in diverse sectors.

Richtech Robotics Inc. (NASDAQ:RR) develops, manufactures, deploys, and sells robotic solutions for automation in the service industry in the US.

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Disclosure: None. This article is originally published at Insider Monkey.