05:25 AM EDT, 09/20/2024 (MT Newswires) -- Richtech Robotics ( RR ) said Thursday it signed a distributor agreement with Part 34 Liquor Store, which has agreed to sell at least 500 units of its Scorpion artificial intelligence-powered single-arm beverage service robot over five years.

No financial details were disclosed but Richtech said the deal also covers Park 34 Liquor Store selling at least 500 Scorpion units per year after the initial five-year period. The product is set to debut at Park 34 Liquor Store's New York location on Sept. 26, according to the statement.

Richtech announced the launch of Scorpion on Thursday. The company said Scorpion is designed to provide drink recommendations based on preferences and mood, leveraging AI technologies from Nvidia ( NVDA ) to back its cocktail and wine-tasting programs.

Shares of Richtech were up more than 12% in recent premarket activity Friday.

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