A Dark Vector Cognition product

Item 2. PROPERTIES

2K characters. Original on sec.gov ·

Item 2. PROPERTIES

We conduct our operations in both owned and leased properties. Our principal executive offices and U.S. sales facilities consist of approximately 230,000 square feet and are located on Spectrum Center Boulevard in San Diego, California, in a building we own. We have our primary research and development facilities, as well as office and manufacturing facilities at our owned site in Sydney, Australia. Other facilities are leased in Atlanta, Georgia, and Moreno Valley, California, U.S.A.; Loyang and Galaxis, Singapore; Munich, Germany; Lyon, France; Suzhou, China; and Johor Bahru, Malaysia. We are establishing a new manufacturing facility in Tuas, Singapore that will eventually replace our Loyang facility.

We believe that our facilities are adequate to meet the needs of our current business operations. At June 30, 2020, our principal owned and leased properties were as follows:

LocationOwnership Status‎(Owned / Leased)Square‎footagePrimary Usage
San Diego, CaliforniaOwned230,000Corporate headquarters, sales and administration
Sydney, AustraliaOwned224,000Manufacturing, engineering, research and development, sales and administration
Suzhou, ChinaOwned53,000Manufacturing, engineering, research and development
Atlanta, GeorgiaLeased522,000Warehouse and distribution; SaaS sales and administration, engineering, research and development
Moreno Valley, CaliforniaLeased244,000Warehouse and distribution
Tuas, SingaporeLeased268,000Future manufacturing facility, currently being established
Munich, GermanyLeased109,000Sales and distribution
Loyang, SingaporeLeased95,000Manufacturing facility, engineering, research and development
Minneapolis, United StatesLeased86,000SaaS sales and administration, engineering, research and development
Chatsworth, CaliforniaLeased72,000Motor manufacturing, engineering, research and development
Lyon, FranceLeased52,000Sales and distribution
Halifax, CanadaLeased47,000Engineering, research and development
Johor Bahru, MalaysiaLeased46,000Engineering, research and development

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