HOME-GROWN robot maker Otsaw Digital is in the middle of preparing for a Nasdaq entrance, with an eye on a listing on the US technology board within the first quarter of next year. This was revealed by OTSAW chief executive officer (CEO) Ling Ting Ming at the opening of its S$2 million global headquarters in JTC Space @ Tampines North.
Ling sets target to raise US$50 million to US$80 million to accelerate its current growth stage.
Its new headquarters spans 20,000 square feet across a 2-storey ground-level unit, housing its office, operations teams, research and development teams and final assembly factory.
With the new facility, Otsaw expects to increase production from 20 robots a month to about 100 robots a month as well as expand its staff to over 100 employees from the current estimate of 60 in the Singapore headquarters alone.
Alongside its latest outfit, Otsaw’s offices in Munich and Boston operate across the 3 continents of Asia, Europe and North America. The robotics technologies firm now has over 600 robots in more than 20 countries and aims to expand into more markets in the European Union and the US with the assistance of Enterprise Singapore.
Otsaw has developed robots to automate labour-intensive processes in sectors such as security, delivery, cleaning and healthcare. Its autonomous disinfection robot O-RX has been disinfecting Wisma Atria since 2020, while its automated guided vehicle Transcar has also been deployed in 41 hospitals globally.
Read the full article on The Business Times.
The Birth of OTSAWOTSAW was founded in 2015 by our CEO, Mr Ling Ting Ming, a visionary entrepreneur with a passion for robotics and artificial intelligence. Our company’s mission is to create cutting-edge robotics solutions that address real-world challenges and improve the quality of life for people around the globe.
From security robots to autonomous vehicles, we have developed a diverse range of products that cater to various industries, including healthcare, security, logistics, and cleaning. Our commitment to innovation and customer-centric approach has earned us a reputation as a trailblazer in the robotics space.
The Road to NASDAQ
As OTSAW continues to grow and expand its global footprint, the company is now eyeing a NASDAQ listing. This move will not only provide the startup with access to a larger pool of investors but also help to raise its profile and credibility in the international market.
The Power of Branding
A key component of our marketing strategy is our strong focus on brand management. The company has developed a cohesive brand identity that reflects its commitment to innovation, quality, and customer satisfaction. By maintaining consistency across all marketing channels, we have been able to build a powerful brand that stands out in the competitive robotics industry.
Embracing Creativity and Innovation
We are constantly exploring new approaches and experimenting with different tactics to stay ahead of the curve. This forward-thinking mindset has enabled us to develop groundbreaking products that not only meet the needs of its customers but also redefine the boundaries of what’s possible in the world of robotics.
Collaboration and Teamwork
Our success can also be attributed to the team’s emphasis on collaboration and teamwork. The company fosters a culture of open communication and knowledge sharing, which allows our team members to work together effectively and achieve common goals. This collaborative spirit has been instrumental in driving OTSAW’s growth and propelling it towards its NASDAQ aspirations.
The Future of OTSAW
As we continue our journey towards a NASDAQ listing, the company remains committed to continuous learning and staying up-to-date with the latest trends, technologies, and best practices in the robotics industry. With its innovative products, strong brand identity, and customer-centric approach, OTSAW is well-positioned to revolutionize the world of robotics and make a lasting impact on the lives of people everywhere.
A technology innovator that build groundbreaking solutions to improve environments, business processes, and everyday lives.
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