What Happened
South Florida Attracts Billionaires And Government Officials
A growing number of defense tech firms are setting up shop in South Florida, particularly in Palm Beach County, due to its proximity to government officials and funding opportunities. At least nine defense companies have opened locations in the area over the last year, including Andreessen Horowitz, which announced plans to open a regional headquarters in West Palm Beach. The region’s appeal to defense businesses is attributed to its growing cluster of billionaires and finance offices, as well as its existing military installations. This development was first reported by Bisnow.