Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 43

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 43
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 growth strategy may adversely affect our business, financial condition and results of operations. We operate in a competitive industry that is rapidly evolving and subject to technological evolution. We expect competition to increase, and this could cause our market share to decline and negatively impact our results of operations. The robotics industry in which we operate is fragmented and competitive. It is subject to rapid technological change, shifting customer needs and expectations, consistent evolution and constant introduction of new products. As such, we expect competition to increase in the future. Our robotics hardware and software technology may not keep pace with changes in technology or the technology of our competitors. Any failure by us to keep pace with technological change and to introduce new solutions and technologies could materially impair our competitive position and growth prospects, which could have a material adverse effect on our business, prospects, financial condition and operating results. We believe that a number of companies have developed or are developing robots that will compete directly with our product offerings. Additionally, government -sponsoredlaboratories and universities are pursuing contracts for robot -focusedresearch and development. Some of our current and potential competitors are in the midst of researching, designing, developing, and marketing other types of products and services that may render our existing or future products obsolete, uneconomical or less competitive. Our current and potential competitors may respond more quickly to new or emerging technologies, and may have substantially greater financial, technical, marketing and sales, manufacturing, distribution, and other resources than us. This includes greater name recognition, as well as deeper experience and expertise in managing intellectual property rights and operating within certain international markets. Such advantages may enable them to compete more effectively against us. Moreover, while we believe many of our customers purchase our robotics products to augment, rather than replace, humans, in many cases, our primary competition may still be traditional modes of human labor for tasks such as security, disinfection, last -mileor intra -facilitydelivery services. Our potential customers could have long -standingor contractual relationships with our competitors and it may be difficult for us to compete. Our ability to compete effectively depends on several factors, including the pricing of our products and services, quality of customer service and support, continuous development of new and enhanced products and services to meet customer demands and adapt to changing technology, the expansion of our distribution network and any potential resale or distribution channels, and the availability of sufficient capital resources to invest in product development, marketing, and other key areas. In the event the robotics market continues to expand, we expect that competition will intensify as additional competitors enter the market