Vornado, Ken Griffin and Rudin closed their joint venture for 350 Park Avenue in Manhattan today and closed a $3.3 billion construction loan for the project. Citadel Enterprise Americas signed a 1.05 million square foot anchor lease in the 66-story, 1.9 million square foot tower. Griffin holds 60 percent of the venture, Vornado holds 36 percent and Rudin holds 4 percent. For more CRE visit our Substack: thecrereport.substack.com

If you are building the next AI CRM you are genuinely cooking your future grandchildren. You are way too smart for something meaninglessly incremental. Only things people should be building in SF: >AI labs >Compute maximization >Reindustrialization >Energy abundance >Robotics & defense >Bio >Physical infra Everything else becomes irrelevant if China wins. They are already very, very far ahead of us in energy, metals, manufacturing capacity, and the general ability to produce physical things at scale.

every hardware company should simulate their factory before they build it. software teams have staging. hardware teams have "lets see what happens on the line🤡"

The future of warfare runs on batteries. America needs to be able to build them. Yesterday, NAIA joined @ARPAE and the Virtus Innovation Center in Arlington, Virginia, to host Next Generation Batteries for Tactical Systems, bringing together battery innovators, defense officials, and industry leaders to explore how we can accelerate the deployment of these technologies. The mission: Get American innovation into the field, faster

Big Q3 at Machina. More RoboCraftsmen. New software. Hypersonics. Custom vehicles. UAVs. And a lot more metal. This is exciting but our plans are far more ambitious. We need more engineers and builders that want to rethink what a factory should be. Come build unconventional with us.

We need to make industry crash 100,000 drones next year breakingdefense.com/2026/10/…

A breakdown of the costs to construct a single data center in Texas reveals why developers face tens of billions in expenses bloomberg.com/features/2026-…

U.S. Army Seeks Next-Generation Night Vision Hard Tech Headlines: - The U.S. Army has increased its planned procurement of GM Defense’s Infantry Squad Vehicles from 649 to nearly 12,000, significantly expanding its fleet of lightweight tactical vehicles designed to transport troops and cargo across the battlefield. - Sage Technologies has launched military-grade digital night vision goggles. Leonardo DRS has launched a new air-and-missile-defense radar with 360-degree coverage, capable of detecting drones, cruise missiles, and tactical ballistic missiles, with a detection range exceeding 56 miles for drones and loitering munitions. - @ChaosDefense has launched low-cost interceptors designed to take down Group 1–3 drones, targeting an initial production capacity of 12,000 units per year. - One Stop Systems has unveiled Tamarack-G, a rugged edge computing platform that runs AI and processes sensor data onboard military vehicles. It is designed to handle work previously requiring four to five separate computing systems, with claimed 600× lower data-transfer latency between systems than traditional Ethernet-switched architectures. - Boeing Global Services has secured the U.S. Indo-Pacific Command Contested Logistics and Distribution Demonstration contract, which will test the use of automation and commercial warehouses to move military supplies in contested environments. - HyLight has secured €13M in Series A funding led by Rubio Impact Ventures. The French startup develops autonomous hydrogen-powered airships for critical infrastructure inspections. - South Korea is investing $1B+ through 2030 to bring automation to smaller shipbuilders and suppliers across the country. - @anduriltech has unveiled Steelfin, a new family of interceptor missiles designed to take down drones, aircraft, cruise missiles, ballistic missiles, and hypersonic threats at a fraction of the cost of existing interceptors. - The European Union is investing €47.5 million to develop a quantum internet prototype, aiming to connect two city-scale quantum networks over a long-distance fiber link. - The U.S. Army is preparing to stress-test America’s manufacturing capacity and supply chains. In early 2027, Army facilities and private manufacturers will compete in the first-ever “Manufacturing Rodeo,” designed to expose bottlenecks in America’s defense industrial base. - Regna AI has launched, built by @OndasHoldings and powered by Palantir. The company will develop custom sovereign AI models for the edge, designed to operate on autonomous ships, stratospheric balloons, and drones. - Bangladesh’s first nuclear power reactor has achieved criticality. The reactor was built by Russian nuclear company Rosatom under a $12.65 billion contract for two reactors. - Marconi has secured a CRADA with the U.S. Army focused on enabling resilient connectivity for autonomous systems and command-and-control networks by integrating radio, satellite, troposcatter, and cellular links into one adaptable architecture. - Leidos has chosen X-Bow Systems to develop booster motors for low-cost containerized cruise missiles, with full motor production planned for 2027. - The U.S. Army awarded $55M to L3Harris to deliver supercharged night vision. - Heaviside Industries has announced a new miniaturized loitering munition weighing just over 5 pounds, designed to take out targets including main battle tanks.

Stop by Booth #461 in Hall A at AUSA to see the Razorback platform up close. AUSA October 12-14. Hall A Inside Forterra's Booth #461. #ausa #UGV #DefenseTech #forterra #AUSA2026

We recently wrapped our attendance in Czechia at the NATO Drone Shield Competition, where we completed every challenge in record time: GNSS-denied long range strike, electronic warfare testing, intercepting a fixed-wing target, and night operations. The demonstration was designed to test small unmanned systems across a variety of mission profiles in support of future orders across allied nations.

Peter Thiel's family office agreed to pay $250 per square foot for 18,000 square feet at 830 Brickell, the most expensive office lease in Miami history. It beat the prior record, nearly $200 a foot, set by the same space on the 44th floor. Miami is now pricing like Manhattan. For more CRE visit our Substack: thecrereport.substack.com

Power availability is becoming a competitive advantage in commercial real estate, with five U.S. markets attracting investment through new generation capacity and access to electricity. For more CRE visit our Substack: thecrereport.substack.com

I asked Claude Opus 5.5 to design a machine that builds machines (Matter compiler). It built the whole cell: UV laser, vision, bond head, index table. 27 layers, every cut measured, one working relay. Is this the end of the assembly line?

25 DAYS until @payloadspace and @tectonicdefense hosts the most influential investor event in the space and defense industry. Who's attending? To name a few: a16z, Activate Capital, AE Industrial Partners, Also Capital, Altimeter Capital, Aramco Ventures, Bain Capital, Bessemer Venture Partners, BOND Capital, Booz Allen Ventures, CapitalG (Google), Capital Group, Carlyle, Citadel, Construct Capital, D1 Capital Partners, D. E. Shaw, DCVC, DFJ Growth, Felicis, Fidelity Investments, Founders Fund, Franklin Templeton, General Catalyst, GIC, Goldman Sachs Growth Equity, Harvard University Endowment, Hedosophia, ICONIQ, Interlagos, Linse Capital, Moore Capital Management, Mubadala, NEA, Point72 Ventures, Qatar Investment Authority, Riot Ventures, RSE Ventures, Sands Capital, Sequoia, Snowpoint Ventures, StepStone Group, T. Rowe Price, Tamarack Global, TCV, VanEck, Viking Global, WCM Investment Management, and many more. The Investor Summit 📍 The Beverly Hilton 🗓️ November 3 & 4

PRIMEX IS COMING | Forged from our extensive experience as the nation’s leading provider of #NightVision, #Primex will be featured at the 2026 AUSA Annual Meeting & Exposition. See the capabilities #TwentySixDefense offers that strengthen situational awareness, protection and lethality for today’s #Soldier. Learn more: hubs.ly/Q04zC9h20   #USArmy #Soldiers #Primex #AUSA @AUSAorg #26Defense #26D #ForgedThroughGrit #ShoulderToShoulder #MoveTogether #UnbreakableStandard

Next week, Amprius CTO Dr. Ionel Stefan will be speaking at @thebatteryshow in Detroit! Stop by his panel discussion on Tuesday, 10/13 at 1:30pm if you're attending this event. See you there! $AMPX #batterytech #electricaviation #innovation #batteries