Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 183

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 183
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 are mainly hospitals and contractors engaged by hospitals. Since the establishment of the Otsaw -SwisslogJV, Otsaw has been responsible for developing the next -generationof TransCar solutions worldwide. Otsaw has taken over further development of the TransCar’s navigation technology to upgrade the existing TransCar platform with our autonomous navigation competencies and core software technologies. The next -generationTranscar 5.0 is designed as a seamless drop -inreplacement for the previous TransCar, originally developed and deployed by Swisslog Healthcare. This allows Otsaw to deploy our AMR into hospitals without requiring any infrastructure changes, ensuring a low entry barrier for adoption. We believe we have been able to leverage Swisslog Healthcare’s product development expertise and existing sales/service footprint through the Otsaw -SwisslogJV. The Otsaw -SwisslogJV accelerated Otsaw’s penetration into the global healthcare market while minimizing execution risk and optimizing capital allocation. Through the joint venture, Otsaw has benefitted from Swisslog Healthcare’s longstanding relationships and goodwill with many of our target customers in healthcare globally, providing Otsaw with an immediate customer base, market access and entry ____________ 3See, Yen, P. Y., Kellye, M., Lopetegui, M., Saha, A., Loversidge, J., Chipps, E. M., ... & Buck, J. (2018). Nurses’ Time Allocation and Multitasking of Nursing Activities: A Time Motion Study. In AMIA Annual Symposium Proceedings (Vol. 2018, p. 1137). American Medical Informatics Association. 110 channels to the healthcare market in Europe and APAC. This has enabled us to cross sell our AMR platforms (the O -R 3and Camello +) and UV -CLED disinfection solutions (TReX, AirGuard, and O -RX), in synergy with the TransCar system, utilizing Swisslog Healthcare’s global marketing channels. Ultimately, we expect the Otsaw -SwisslogJV to continue delivering efficient, cost -effectiveand reliable AI -enabledfacilities management solutions for hospitals and the healthcare industry, covering hospital intralogistics, security, housekeeping and disinfection. Key Arrangement of the Otsaw-Swisslog JV The Otsaw -SwisslogJV was owned 40% by Swisslog Healthcare and 60% by Otsaw Technology Solutions Pte Ltd. The shareholding by Otsaw