We rely on the integrity and availability of our information technology (“IT”) systems, as well as those of certain third-party service providers, to support our operations and safeguard sensitive information. These systems may store or process confidential business data, intellectual property, financial records, and personal information.

Most of our robots leverage on-site servers, which provides greater control over data and reduces reliance on overseas or manufacturer-hosted servers often used by other robotics companies. We believe this approach enhances system security and protects sensitive operational and customer information.

We maintain security measures intended to protect against cybersecurity threats; however, no system is entirely free from risk. To date, we have not experienced any material cybersecurity incidents. We monitor applicable U.S. data privacy and cybersecurity standards and will continue to prioritize cybersecurity as a core element of our operations.

Governance and Oversight

Third-Party Vendor Risk

A significant portion of our data storage, communications, and operational systems are hosted or managed by third-party vendors. While we perform diligence and require certain contractual security obligations, we do not directly control these external systems. As a result, our operations may be impacted by cybersecurity vulnerabilities or incidents affecting our vendors.

Incident History

To date, we are not aware of any cybersecurity incidents that have had a material adverse effect on our operations, business, results of operations, or financial condition. We have, however, experienced routine attempted phishing attacks, malware probes, and other common malicious activity. These attempts have been contained without material impact.

Potential Risks

Cybersecurity threats, if realized, could disrupt operations, compromise sensitive data, damage our reputation, subject us to regulatory investigations or penalties, and result in significant financial losses. While we maintain processes and controls designed to prevent or mitigate such risks, no system can provide absolute assurance.

Future Enhancements

We are committed to strengthening our cybersecurity posture as our operations expand. Planned initiatives include enhancing continuous monitoring capabilities, expanding multi-factor authentication to additional systems, improving vendor oversight, and formalizing Board-level oversight of cybersecurity through dedicated committees. These steps are intended to align our practices more closely with recognized industry standards and support long-term resilience.