Richtech Robotics signs LOI with Ghost Kitchens International

Richtech Robotics announces a non-binding Letter of Intent, LOI, with Ghost Kitchens International to launch 240 ADAM robotic beverage systems at Ghost Kitchens restaurants, some of which are currently located inside Walmart stores. ADAM, Richtech’s premiere robotic solution, will execute complex barista tasks with human-like precision inside the highly popular retailer locations. The announcement of these plans follows recent company milestones, including its November 22nd IPO and the launch of AI enhancements for its robot ADAM. “Building on our recent successes, the prospect of engagement with Ghost Kitchens, a synergetic brand at the forefront of innovative food and beverage technology concepts provides important momentum as we continue to execute on our business plan and provide value for shareholders,” said Matt Casella, president of Richtech Robotics. “We expect ADAM to contribute to the improvement of operational capabilities, enhancing behind-the-register efficiency and increasing customer engagement at Ghost Kitchen’s Walmart locations.”