Benzinga

España
Italia
대한민국
日本
Français
Benzinga Edge
Benzinga Research
Benzinga Pro

  • Get Benzinga Pro
  • Data & APIs
  • Events
  • Premarket
  • Advertise
Contribute
España
Italia
대한민국
日本
Français

Benzinga

  • Premium Services
  • Financial News
    Latest
    Earnings
    Guidance
    Dividends
    M&A
    Buybacks
    Interviews
    Management
    Offerings
    IPOs
    Insider Trades
    Biotech/FDA
    Politics
    Healthcare
    Small-Cap
  • Markets
    Pre-Market
    After Hours
    Movers
    ETFs
    Options
    Cryptocurrency
    Commodities
    Bonds
    Futures
    Mining
    Real Estate
    Volatility
  • Ratings
    Analyst Color
    Downgrades
    Upgrades
    Initiations
    Price Target
  • Investing Ideas
    Trade Ideas
    Long Ideas
    Short Ideas
    Technicals
    Analyst Ratings
    Analyst Color
    Latest Rumors
    Whisper Index
    Stock of the Day
    Best Stocks & ETFs
    Best Penny Stocks
    Best S&P 500 ETFs
    Best Swing Trade Stocks
    Best Blue Chip Stocks
    Best High-Volume Penny Stocks
    Best Small Cap ETFs
    Best Stocks to Day Trade
    Best REITs
  • Money
    Investing
    Cryptocurrency
    Mortgage
    Insurance
    Yield
    Personal Finance
    Forex
    Startup Investing
    Real Estate Investing
    Prop Trading
    Credit Cards
    Stock Brokers
Research
My Stocks
Tools
Free Benzinga Pro Trial
Calendars
Analyst Ratings Calendar
Conference Call Calendar
Dividend Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Unusual Options Activity Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Free Stock Reports
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Free Newsletter
Government Trades
Perfect Stock Portfolio
Easy Income Portfolio
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
Forex Profit Calculator
100x Options Profit Calculator
Screeners
Stock Screener
Top Momentum Stocks
Top Quality Stocks
Top Value Stocks
Top Growth Stocks
Compare Best Stocks
Best Momentum Stocks
Best Quality Stocks
Best Value Stocks
Best Growth Stocks
Connect With Us
facebookinstagramlinkedintwitteryoutubeblueskymastodon
About Benzinga
  • About Us
  • Careers
  • Advertise
  • Contact Us
Market Resources
  • Advanced Stock Screener Tools
  • Options Trading Chain Analysis
  • Comprehensive Earnings Calendar
  • Dividend Investor Calendar and Alerts
  • Economic Calendar and Market Events
  • IPO Calendar and New Listings
  • Market Outlook and Analysis
  • Wall Street Analyst Ratings and Targets
Trading Tools & Education
  • Benzinga Pro Trading Platform
  • Options Trading Strategies and News
  • Stock Market Trading Ideas and Analysis
  • Technical Analysis Charts and Indicators
  • Fundamental Analysis and Valuation
  • Day Trading Guides and Strategies
  • Live Investor Events
  • Pre-market Stock Analysis and News
  • Cryptocurrency Market Analysis and News
Ring the Bell

A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

  • Terms & Conditions
  • Do Not Sell My Personal Data/Privacy Policy
  • Disclaimer
  • Service Status
  • Sitemap
© 2026 Benzinga | All Rights Reserved
July 22, 2024 10:47 AM 1 min read

Why Is AI Robot Maker Richtech Robotics Stock Jumping Today?

by Lekha Gupta Benzinga Editor
Follow

ArticleFeaturedTickersList12345!!!

Richtech Robotics Inc. (NASDAQ:RR) shares are trading higher after the company installed its advanced robotic beverage system, ADAM, at Ghost Kitchens International Inc. in Dawsonville, Georgia.

This installation marks the start of a partnership to transform the food and beverage industry with robotic automation and enhance customer experiences.

Located inside a Walmart Inc. (NYSE:WMT), the Dawsonville Ghost Kitchens is the first of 240 planned locations to incorporate ADAM.

Launched on June 13, ADAM uses advanced AI technology to serve a range of traditional and specialty coffee drinks, including the popular Iced Foamy Hazelnut Latte.

With this installation, Richtech Robotics aims to showcase ADAM’s capacity for delivering consistent, high-quality beverages while boosting operational efficiency and customer satisfaction.

As part of a larger rollout, Richtech Robotics and Ghost Kitchens have recently signed a non-binding Letter of Intent (LOI) to install ADAM at 240 Ghost Kitchens locations.

Under the LOI, Richtech Robotics will manage ADAM’s programming, maintenance, and repairs, while Ghost Kitchens will handle staffing, logistics, and leasing. ADAM will feature a touchscreen POS for orders and payments, offering custom beverages and interactive customer experiences through AI.

This partnership seeks to improve efficiency behind the counter and boost customer engagement at these popular retail sites.

Matt Casella, President of Richtech Robotics, said, “ADAM’s introduction to the beverage industry addresses several key challenges, including the need for consistency, efficiency, and a memorable customer experience.”

“By automating drink preparation, ADAM is intended to allow human staff to focus on creating meaningful connections with guests, thereby elevating the overall customer experience.”

Price Action: RR shares are up 42.9% at $2.10 at the last check Monday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo via Company

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.


Posted In:
EquitiesNewsSmall CapMoversAI Generatedartificial ingelligenceBriefsStories That Matterwhy it's moving
RR Logo
RRRichtech Robotics Inc
$3.500.57%
Overview
WMT Logo
WMTWalmart Inc
$128.99-0.02%
RR Logo
RRRichtech Robotics Inc
$3.500.57%
Overview
WMT Logo
WMTWalmart Inc
$128.99-0.02%
Comments
Loading...