Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 164

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 164
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aw -SwisslogJV. Swisslog Healthcare, headquartered in Switzerland, is a leading global provider of hospital automated intralogistics solutions. Swisslog Healthcare is a highly regarded provider of AGV solutions, in the business of developing, manufacturing and selling AGVs as well as providing maintenance services under service contracts. Swisslog carries out its AGV business in several countries and their customers 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 ____________ 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. 102 target customers in healthcare globally, providing Otsaw with an immediate customer base, market access and entry 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 -enabledfac