Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 192

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 192
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 prospectus, our pioneering R&D and operational 114 capabilities are built upon a team of over 51 experienced engineers based in Singapore. Our R&D team consists of over 19 robotics software, mechanical, electrical and product development engineers, and our operations team consists of over 38 project managers and field technicians. We recruit our experienced engineers both locally and globally and have established various training programs to keep them abreast of the most advanced AMR, robotics and AI software technologies. Manufacturing and Supplier Manufacturing and Production We assemble our AMRs and UV -CLED disinfection products, including O -R 3, Camello +, TreX, AirGuard, and O -RX, at our Singapore headquarters’ production facility using components, sub -assembliesand materials that are manufactured by, and sourced from, more than 360 suppliers internationally. As a result, we have the ability to scale up our production with relatively limited capital investment because we only require additional assembly and warehouse space to increase our manufacturing capacity. Further, because our business model is capital efficient, we are able to adapt to shifts in customer demand and calibrate our growth plans to ensure that we maintain the appropriate production capacity at all times. In relation to the production of TransCar AGVs, we currently rely on Reis Robotics for the production and manufacturing of the TransCar AGVs pursuant to the Supply Agreement, which was entered into on May31, 2023 between KUKA Industries GmbH & Co. KG Obernburg (now Reis Robotics, following its acquisition by CT Pack Srl and Swiss FAI Holding AG on June30, 2023 and its subsequent change of name) and Otsaw Swisslog Healthcare Robotics Pte. Ltd. Under the Supply Agreement, the duration of the first contractual year was for the period from May1, 2023 to December31, 2024. Based on discussions and mutual understanding between the parties at a meeting, the parties have agreed to continue performance under the existing Supply Agreement through June30, 2025 and Reis Robotics will discontinue manufacturing of the TransCar AGVs on June 30, 2025. No formal amendment to the Supply Agreement was executed in connection with this extension. The next generation of TransCar, Transcar 5.0, will then be produced in -houseat our manufacturing facility in Singapore. Under the Supply Agreement, Reis Robotics agreed to deliver 49 TransCar AGVs during the first contractual year in 2023, and for the following years, the Ots