Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 170

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 170
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V from driving off stairs and an inclination sensor keeps the cargo -carton the AGV level on ramps. For maximum safety, the TransCar AGV is also equipped with a key switch and emergency buttons. The key switch overrides the system allowing for manual control of the vehicle and the emergency buttons directly stop the vehicle. The TransCar AGV System is easy to maintain, expand and update. The on -boardlaser -contourmatching and following guidance system requires no wall targets, embedded wires or costly building modifications. Route planning and programming of the AGVs are customizable using Swisslog’s fleet management software, the TransCar Management System (“TCMS”). The TCMS manages the routing, timing and speed setting of the AGVs to optimize vehicle usage and ensure consistent delivery performance through defined driving paths and speeds. If hospital layouts change, the operators of the hospital or our software engineers can modify and update the virtual maps stored in the TCMS, and download them to each vehicle through Wi -Fi. As part of the TransCar AGV System, we supply payload -specificcarts to meet the unique needs of each hospital department, such as hot and chilled food carts, stainless steel case carts and sterile carts for supplies, fiberglass and bin -formingcarts for trash and supplies, and general purpose flatbed carts. A hospital’s existing carts can be also used with minimal modifications. The TransCar AGV System can also be integrated with tow -throughcart washers/dryers and options are available for the automatic dumping of waste and/or soiled linen carts using automatic dumpers. Contract with a public hospital in Singapore that is part of the SingHealth Group for TransCar AGVs In 2023, we secured a US$2 million contract with a public hospital in Singapore that is part of the SingHealth Group for the delivery and installation of the TransCar AGVs, with phased payments based on project milestones, including down payment upon confirmation of the order and material readiness for shipment, which we have achieved till date. The other payment milestones relate to the completion of installation and successful completion of the user acceptance test. The Next Generation TransCar, Transcar 5.0 We are absorbing the know -howsand the technologies transfer from Swisslog Healthcare in relation to hardware and software technologies of the TransCar AGV systems, and are in the early research and development stage to upgrade the TransCar by utilizing our proprietary core software technologies and robotics autonomy expertise. The current TransCar systems are limited to operate in indoor, controlled environment (such as