Serve Robotics Inc. is a company specializing in the development and deployment of robotic technologies, particularly in the area of autonomous delivery systems. The firm focuses on creating robots that can navigate urban environments to deliver goods, often emphasizing efficiency and safety in crowded spaces. Their technology is designed to enhance convenience for consumers by automating last-mile deliveries, which is the final segment of the delivery process from a distribution center to the final destination. Serve Robotics aims to innovate in the field of logistics through robotics and automation, transforming how deliveries are made in cities and potentially reducing operational costs for businesses.
**Serve Robotics Inc. (SERV)** has recently attracted interest with its fleet of autonomous delivery robots. However, new analyses show that the company may be struggling in key financial areas, casting…