Richtech Robotics Inc. (NASDAQ:RR) on Wednesday announced a distribution agreement with Netherlands-based NewConsultancy B.V. to expand into Europe, following momentum from ProWein 2025.
Details
Under the deal, NewConsultancy will distribute Richtech’s AI-driven service robots across the Netherlands and the broader EU/Schengen region, providing local deployment, service, and support.
CEO Wayne Haung said the partnership marks “a pivotal moment” in the company’s global growth and supports expansion of its Robotics-as-a-Service model.
The move targets rising demand for automation in hospitality and logistics, where businesses face labor shortages and higher costs.
The broader market is experiencing gains, with the S&P 500 up …
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