Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 158

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 158
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 patrol the commercial complexes, such as the science parks in Singapore and Shanghai, China. Camello + - Multi-Purpose Security & Delivery AMR Camello is Singapore’s first autonomous last -miledelivery AMR to have passed Singapore’s Ministry of Transport’s safety assessment for the supervised use of autonomous vehicles on public paths. On November 26, 2020, Camello successfully passed the Supervised Trial Readiness Assessment (Provisional Version) for Autonomous Vehicles on Public Paths (“P1 test”) administered by Singapore’s Centre of Excellence for Testing & Research of Autonomous Vehicles at Nanyang Technological University (“CETRAN”) and Singapore’s Ministry of Transport. In February 2021, we officially launched Camello and commenced a one -yeartrial for Camello to provide on -demandparcel, food items, and grocery delivery services to the residential -commercialcommunities neighboring the Oasis Terraces mall in Punggol, Singapore. In January 2024, we launched the second generation of Camello, Camello +. Camello +challenges the conventional robotics approach by shifting from a single -purposerobot to a versatile, multi -purposedesign. Camello +is an AMR engineered to provide a flexible solution for both delivery and security applications. It navigates seamlessly through both indoor and outdoor environments, offering 6 customizable compartment options for various use cases, including healthcare logistics and last -milee -commercedeliveries. Its application -dependentsoftware allows end users to conveniently toggle between security and delivery functions. This innovative approach sets a new standard for adaptability and efficiency in the field of robotics. Augmented by our continuously evolving and stress -testedANS and hardware platforms, Camello +is a robotic “courier” for on -demandlast -miledelivery services, delivering parcels and groceries for e -commerceapplications or transporting healthcare logistics for hospital settings. With the growth of the e -commerceindustry and global parcel deliveries, last -miledelivery plays an critical role for both business -to -consumer(“B2C”) and business -to -business(“B2B”) logistics service providers. In addition to being crucial for customer satisfaction, last -miledelivery is both the most expensive and time -consumingpart of the logistics process. Camello +is designed to maximize the logistics supply -chainefficiency and address labor costs and productivity challenges by reducing load factors, dwell times at loading/unloading points, and the number of loading/unloading points along a delivery