INNOVATE Corp. functions as a diversified holding and asset management enterprise that acquires, builds, and oversees operating companies across three distinct pillars: infrastructure, life sciences, and spectrum operations. Its infrastructure division specializes in advanced structural steel fabrication, commercial construction services, and engineering projects through major subsidiaries. Simultaneously, its life sciences portfolio develops medical technologies and healthcare monitoring devices, while its spectrum segment manages an extensive portfolio of over-the-air television broadcasting stations and digital datacasting assets across the United States.