Richtech Robotics announced it has completed the acquisition of a facility in Las Vegas, Nevada for approximately $21.2 million. The purchase, finalized on May 29, 2026, establishes a strategic U.S.-based hub for the company's robotics and AI operations.
Key Details
- Purchase Price: $21,180,000, paid with the company's cash on hand.
- Property: An approximately 79,325 square foot building located at 9530 S. Rainbow Blvd., Las Vegas, Nevada.
- Strategic Use: The facility will be used for warehousing, assembly, light manufacturing, research and development (R&D), and AI model training to support the company's growth objectives.