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Richtech Flat on Expansion
- Richtech Robotics Inc. plans to expand its headquarters by acquiring land in Las Vegas, Nevada.
- The acquisition of a 20,000 square feet property is expected to quadruple the company's assembly and manufacturing footprint.
- The expansion is driven by the growing demand for AI-powered service robots.
- The company intends to strengthen its domestic supply chain and expects long-term cost savings from the new facility.
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