7 unchanged sentences
Fryazino, Russia Owned 496,000 Optical fiber, components, final assembly, complete device manufacturing, R&D, administration
−Removed: Leased May 2023 - November 2026 172,300 Components, complete device manufacturing
+Added: Leased November 2026 20,000 Components
Marlborough, Massachusetts Owned 377,800 Components, systems manufacturing, applications, sales, R&D, administration
4 unchanged sentences
Of this we own 2.9 million square feet and lease 0.4 million square feet of building space, of which the majority is used for manufacturing.
−Removed: We operate four principal manufacturing facilities for fiber lasers, laser systems, fiber amplifiers, and related optical and mechanical components, which are located in the United States, Germany, Russia and Belarus.
+Added: Our major manufacturing facilities are located in the United States and Germany.
+Added: We have substantially reduced our reliance on our Russian operations, and have ceased new investments in our Russian and Belarus operations.
+Added: We have and will continue to expand our manufacturing operations in Germany and the United States, and have added manufacturing capacity in Italy and Poland to meet the demand for our products and our sales and support needs.
We conduct our major research and development activities in Oxford and Marlborough, Massachusetts and Burbach, Germany.
1 unchanged sentence
We believe the existing facilities are in good operating condition and are suitable for the conduct of our operations.
−Removed: The productive capacity at our current facilities is substantially utilized.
−Removed: We plan to continue the expansion of our manufacturing operations in Germany, the United States, Italy and Poland to meet the demand for our products and our sales and support needs.
−Removed: In response to the risks from the Russia-Ukraine conflict, we have been executing on plans to reduce our reliance on our Russia and Belarus operations by adding capacity in other countries.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.