Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 159

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 159
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 typically for an average term of 5 years. Revenue of service and maintenance represented approximately 79.3% and 77.6% of our total revenues for the year ended April 30, 2024 and 2023, respectively. Revenue of service and maintenance represented approximately 85.3% and 82.8% of our total revenues for the six months ended October31, 2024 and 2023, respectively. 96 Competitive Strengths We believe our company exhibits the following competitive strengths: A Visionary, Proven, and Experienced Management Team Consisting of Industry Veterans We are led by our visionary and experienced management team consisting of industry veterans with complementary backgrounds. Our founder and chief executive officer, Mr. Ling Ting Ming, is a well -respectedentrepreneur and industry leader in Singapore with extensive expertise in autonomous driving, robotics application and mobile technologies. Mr. Ling is also the founder of the ActiV Technology group of companies, an information communications technology provider serving enterprise and telecommunications customers, which was started in 2006 and has a presence in over 6 countries. Mr. Ling brings with him more than 27 years of technology, sales and marketing experience and a proven record in the information and communications technology industry globally. He oversees our strategy, research and development, manufacturing, and sales, and is supported by our senior leadership with a collective average of approximately 15 years of industry experience each. Our Chief Technology Officer, Mr. Tran Thanh Quang “Louis”, is a dedicated and experienced software and hardware engineer with a demonstrable experience in the automation and robotics industry. With more than 10 years of industry experience, Louis is a multifaceted expert in robotics product development, hardware, self -drivingtechnologies, control software and system, artificial intelligence, Internet of Things, and coding. Our chief financial officer, Mr Ken Toh, has extensive experience in finance, strategy and investments functions. Early-mover of the Facilities Management AMR and Robotics Solutions We were established in 2015 to disrupt the facilities management market through AI -enabledAMR and robotics solutions. We believe we are one of the first players in the robotics industry to commercialize AMR solutions targeting the facilities management industry. Over the past seven years, we have established international channels and direct customers across more than 20 countries globally, with over 1,000 deployed AMRs, AGVs and other robots worldwide. To date, our AMRs and robotics solutions have been deployed in many different application scenarios such as retail,