Item 2. Properties
Item 2.
Properties.
Our only current facility is our corporate headquarters, located in College Park, Maryland, where we lease approximately 32,000 square feet of space from the University of Maryland under an agreement that expires in 2030. Most of the facility is used for research and development and manufacturing. We believe this facility is adequate to meet our current ongoing needs. However, in order to accommodate anticipated growth and to recruit and retain top talent around the globe, we anticipate seeking additional facilities in various locations. We anticipate that we will be able to obtain additional space as needed under commercially reasonable terms.
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