Richech Robotics Inc. RR Shares are trading higher on Tuesday after the company announced the installation of its humanoid beverage robot ADAM at a One Kitchen store inside a Walmart in Rockford, Illinois.

The details:

The AI-powered ADAM robot is expected to serve 100 to 200 cups of coffee and tea per day at this location. Richtech Robotics says this is the second installation of its robotic beverage system as part of a planned rollout at 240 One Kitchen locations across the United States.

Read more: Sidus Space reports second-quarter results after 45% growth on Monday

“We continue to reach new milestones, this time celebrating the first humanoid beverage robot in the state of Illinois and also officially launching AlphaMax Management,” said Matt Casella, President of Richech Robotics. “Our new subsidiary is expected to generate a new revenue stream as well as stable cash flow and profit. We look forward to its continued growth.”

How to buy RR shares:

In addition to acquiring a stock—or a portion of a stock—through a brokerage platform, you can also purchase an exchange-traded fund (ETF) that holds the stock itself, or by pursuing a strategy in your 401(k) plan that aims to acquire shares of a mutual fund or other instrument.

In the case of Richtech Robotics, for example, it is the industrial sector. An ETF will likely hold shares of many liquid and large companies that track this sector, allowing an investor to participate in the trends in this segment.

RR price promotion: According to Benzinga Pro, Richtech Robotics shares are up 43% at $1.29 at the time of publication on Tuesday.

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Image: Brian Penny from Pixabay