Richtech Robotics, a Nevada-based provider of AI-driven service robots, has signed a multi-million-dollar sales agreement with Beijing Tongchuang Technology through its Chinese joint venture, Boyu Artificial Intelligence Technology.
The agreement, valued at over $4 million, includes the purchase, service, and software licensing of products from three of Richtech’s key product lines: Adam, Scorpion, and Titan.
The deal expands the company’s footprint in China and opens the door for additional potential opportunities across the Asian market. The agreement is expected to increase the company’s fourth quarter revenue as well as to drive recurring revenue moving forward. [Read more…] about Richtech Robotics signs ‘multi-million-dollar sales agreement’ with Beijing company
