Walmart Adding More Robotic Automated Restaurants
Richtech robotics teams with Ghost Kitchens America to use robotics and AI cloud technology to optimize restaurant operations
Richtech Robotics is expanding its automated restaurant operations to 20 more Walmart locations in Arizona, Colorado and Texas.
The company has entered into a franchise agreement with Ghost Kitchens America to acquire exclusive rights to operate the 20 additional locations, which will be managed directly by Richtech Robotic’s subsidiary AlphaMax Management.
Richtech plans to use robotics and AI cloud technology to optimize restaurant operations, which are expected to generate between $700,000 and $2 million in annual revenue per location.
The company’s proprietary automation would be used to enhance operational efficiency, augment and personalize customer experiences and lower operational costs, Richtech said in a statement.
"Richtech Robotics is committed to the commercialization of robotics, through both robotic sales and the operation of our own robot-powered restaurants,” said Matt Casella, president of Richtech Robotics. “This agreement will significantly add to our restaurant portfolio, and these high-traffic locations will bring greater visibility to our brand and our solutions.
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“Our restaurant operations will showcase the very same robotic and AI platforms offered through our RaaS (robotics-as-a-service) business model. We expect these platforms to become a fast-growing and stable revenue stream for us as we leverage them to manage thousands, and eventually tens of thousands, of restaurant operations in the future.”
Ghost Kitchens America CEO George Kottas said all the Walmart locations where they have signed agreements with Richtech Robotics have strong sales and steady customer traffic.
“Based on our previous collaborations, Ghost Kitchens is confident that Richtech Robotics’ robotic technology and operational management services will maximize the performance of these restaurants. We look forward to further expanding our partnership with Richtech Robotics as we rapidly grow our restaurant footprint,” he said.
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