AMERICAN SUPERCONDUCTOR CORP /DE/ 10-K

Item 2. PROPERTIES Our corporate headquarters and Grid manufacturing operations are located in a leased 88,000-square-foot facility in Ayer, Massachusetts. Additionally, we have Grid manufacturing operations located in a leased 77,500 square-foot facility in Westminster, Massachusetts as well as an owned 35,000 square-foot facility in Queensbury, New York and an owned 85,000 square-foot facility in New Milford, Connecticut. We also occupy leased facilities located in Australia, Austria, India, Wisconsin, Washington and the United Kingdom with a combined total of approximately 72,000 square feet of space. These leases have varying expiration dates throug h January 2029 w hich can generally be terminated at our request after a six-month advance notice. These locations focus primarily on research and development, sales and/or field service and do not have significant leases or physical presence. We believe all of these facilities are well-maintained and suitable for their intended uses. The following table summarizes information regarding our significant properties, as of March 31, 2024: Location Supporting Square footage Owned/Leased United States Ayer, Massachusetts Corporate & Grid Segment 88,000 Leased New Milford, Connecticut Grid Segment 85,000 Owned Queensbury, New York Grid Segment 35,000 Owned Westminster, Massachusetts Grid Segment 77,500 Leased Item 3. LEGAL PROCEEDINGS We are not party to any material legal proceedings. Item 4. MINE SAFETY DISCLOSURES Not Applicable. 21 PART II