Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 164

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 164
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 research and development to upgrade and “future -proof” our products and our core software technologies. Specifically, we are in the research and development stage to upgrade our proprietary robotics software technology, the ANS, from its Version 2 to Version 3. As of the date of this prospectus, our revenue substantially centers around our AMR and robotics products embedded with our ANS Version 1 and Version 2. We are in the early research and development stage to independently commercialize and market the ANS Version3, as the software solution that will provide the foundational outdoor and indoor autonomy capability for third -partyAMR products and robotic platforms, under the product brand “Odyssey”. We have started commercialization of ANS Version 2 in 2025, and are in the process of collecting more data and feedback from the use of ANS Version 1 and Version 2 to improve the Odyssey. We expect to commence the development of ANS Version 3 in 2026, with a target to launch in 2028. We intend for the Odyssey to go far beyond application within our in -houseAMRs and robotic products. We believe the Odyssey, which is empowered by our cutting edge outdoor autonomous software capabilities, will unlock the industry -wideapplication and tremendous monetization opportunities for our proprietary ANS, core software technologies and robotics outdoor autonomy expertise. The global robotic software market was valued at US$20billion in 2024, and is estimated to grow at a CAGR of 22.4% to reach US$150billion by 2034. 1This significant market expansion presents substantial opportunities for monetization. By launching Odyssey, we would be able potentially capture a share of this expanding robotic software market. ____________ 1 https://www.gminsights.com/industry -analysis /robotic -software-market 99 As compared to ANS Version 1 which is compatible for single specific robot use and ANS Version 2 which is compatible for the Otsaw product range only, we envision the Odyssey to be a universal software system that will be licensed and installed to host most, if not all, third -partyAMR and robotic frameworks. With Odyssey being the software solution, the third -partyAMR and robotic manufacturer and developer only need to develop the hardware and application for their robotics products. As part of the Odyssey ANS, we plan to provide Application Programming Interface (API) support and software development kits for third -partyAMR and robotics companies to integrate the Odyssey to their