Richtech Robotics Acquires Las Vegas Facility for $21.2M

By Chris Stiles • Wednesday, June 03 13:06 • Permanent Link

Richtech Robotics has completed its acquisition of a Las Vegas warehouse facility for about $21.2 million, adding 79,325 square feet to its footprint in the city.

The company said the new building will support GPU-enabled computing, robotics data collection, and world action model training, with room for future compute expansion. It expects initial data center operations at the site to begin in fall 2026.

Richtech also plans to use about 20,000 square feet of the new building for headquarters and formal office space, with occupancy targeted by the end of 2026.

The acquisition was first announced on April 1, 2026 and closed on May 29, 2026. The company said the expanded facility is intended to support its industrial, commercial, and data services businesses. The market has reacted to these announcements by moving the company's shares -6.86% to a price of $2.785. If you want to know more, read the company's complete 8-K report here.

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