Company: FOXX
Filing Date: 2025-01-10
Form Type: S-1
Source: 0001213900-25-002199
Chunk: 113

Company: Foxx Development Holdings Inc.
Filing Date: 2025-01-10
Form: S-1
Chunk 113
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 aid both human users and AI -drivensystems to understand the indoor environment and manage facilities more conveniently. We expect to achieve such technological capability by using SLAM technology for semantic mapping and creating dynamic digital representations of physical spaces. We will commence the pilot testing in the first quarter of 2025. Modules Facilitating Task Management:We are developing modules that can connect building management devices and digital building information systems into a unified operational framework to allow real time task execution and planning supported by IoT connectivity. The modules designed to connect devices and systems will be tested in pilot programs to evaluate their application in building management devices and digital building information systems, assessing their operational efficiencies. 70

Once we complete the development of each of the above modules, we will conduct pilot programs and testing of such modules. Based on feedback from the testing, we will make product adjustments as needed. The purpose of the pilot programs and testing is to determine if all modules are fully operational and optimized based on real -worldusage data. After that, we will prepare for a full commercial launch of the integrated platform in the first calendar quarter of 2025. IoT Modules We are building a portfolio of IoT modules, which are hardware or software components that enable devices to connect to the Internet and share data with other connected devices and systems. Our portfolio includes a wide range of IoT modules, including 4G LTE Cat 1 bis, Cat 4, Cat M, NB -IoT, 5G, 5G Redcap, 5G AI, Bluetooth, and Wi -Fimodules. These modules enable the connectivity and intelligence of IoT devices, allowing them to collect, transmit and process data, and communicate with other devices and systems. Currently, we have completed the development and pre -productionwork for the LTE Cat 1 bis, Cat 4, Cat M/NB -IoT, and Bluetooth modules and will undergo lab testing. We aim to launch these modules in the first calendar quarter of 2025. We have started to develop 5G modules, 5G Redcap modules, and 5G AI modules, which may potentially launch in the second calendar quarter of 2025. Warranties and Customer Services We provide a one -yearwarranty on its products, offering after -salesservice support to dealers in two ways. Dealers can opt for direct product replacement by us, or they can choose to receive 2% after -salesservice spares from Foxx. In the latter case, our customers handle after