Core Runway Appoints Construction Industry Veteran Raymond A. Volpatt Jr. to Advisory Board

President of Volpatt Construction brings decades of institutional construction experience to AI-powered design compliance company

SAN FRANCISCO, CA — October 15, 2026 — Core Runway Inc., an AI-powered construction compliance intelligence company, today announced the appointment of Raymond A. Volpatt Jr., P.E., President of Pittsburgh-based Volpatt Construction, to its Advisory Board of Directors.

Volpatt brings extensive experience in commercial and institutional construction, with particular expertise in higher education, healthcare, research facilities, and complex renovation projects.

As President of Volpatt Construction, a family-owned general contractor founded in 1991, he has helped establish the company as a trusted construction partner for major institutions throughout Western Pennsylvania. The firm's portfolio includes work for leading universities, healthcare organizations, and cultural institutions, including the restoration of Pittsburgh's historic Carnegie Music Hall.

“Ray brings something enormously valuable to Core Runway: decades of practical experience delivering complex construction projects,” said John Burton, CEO and Co-Founder of Core Runway. “He understands firsthand the consequences of conflicting specifications, incomplete documentation, and design issues that aren't discovered until construction is underway. His insight will help ensure we're solving problems that matter to contractors, architects, and building owners.”

Core Runway is developing an AI-powered compliance intelligence platform that automatically compares institutional design standards against architectural specifications, engineering drawings, and construction submittals.

The technology identifies potential conflicts, missing requirements, and other compliance issues before they result in costly change orders, construction delays, or rework. Every finding is linked to supporting documentation, enabling qualified professionals to review and validate the results.

The company's approach is particularly relevant to large institutional building owners, whose design standards can extend to thousands of pages and must be applied consistently across projects involving multiple architects, engineering consultants, and contractors.

Bringing Construction Expertise into AI Development

Volpatt's appointment strengthens Core Runway's connection to the practical realities of construction project delivery.

As an advisor, he will provide guidance on contractor workflows, construction risk, design coordination, quality assurance, and the commercial adoption of AI technologies across the architecture, engineering, and construction industry.

“Construction projects involve thousands of decisions and enormous volumes of technical documentation,” said Volpatt. “The opportunity to identify inconsistencies and potential problems before they reach the construction site is significant. Core Runway is developing technology that could fundamentally improve how project teams manage quality, risk, and compliance. I'm excited to help bring that capability to the industry.”

The appointment comes as Core Runway expands engagement with universities, institutional building owners, architecture firms, and general contractors, with a growing emphasis on preventing construction problems during the design and preconstruction phases.

“AI alone isn't the solution,” added Burton. “It needs to reflect how construction actually works. Having someone with Ray's experience helping guide our development and strategy is an important step as we move from successful technical demonstrations toward broader commercial deployment.”

About Raymond A. Volpatt Jr.

Raymond A. Volpatt Jr., P.E., is President of Volpatt Construction, a Pittsburgh-based general contractor specializing in commercial and institutional construction, renovation, and restoration. The company has a long history of serving healthcare, education, research, and cultural organizations throughout Western Pennsylvania.

For more information, visit www.volpatt.com.

About Core Runway

Core Runway Inc. develops AI-powered construction compliance intelligence software that helps universities, healthcare systems, airports, and other institutional building owners apply their design standards consistently across construction projects.

The platform compares institutional requirements against specifications, drawings, and submittals, identifies potential compliance issues, and provides source-linked findings for human review. By detecting problems earlier in the construction lifecycle, Core Runway aims to reduce costly change orders, rework, delays, and quality-control risks.

Core Runway Introduces Compliance Intelligence Platform for Institutional Building Owners

Platform turns institutional design standards, project documents and expert decisions into a continuously applied compliance system

SAN FRANCISCO, August 28, 2026 — Core Runway Inc. today announced the continued expansion of its AI-powered construction compliance platform, designed to help universities, healthcare systems, airports and other large building owners apply their internal design and construction standards consistently across every project.

Large institutions often maintain hundreds or thousands of pages of design standards covering everything from electrical systems and mechanical equipment to finishes, sustainability requirements and approved products. Those requirements must then be reconciled with project specifications, drawings, revisions and product submittals — a process that today depends heavily on manual review and the experience of individual facilities, engineering and design professionals.

Core Runway creates a compliance intelligence layer between an organization’s standards and its construction projects.

An institution uploads its design manuals and other requirements once at the organizational level. Core Runway then continuously compares project specifications, drawings, revisions and submittals against those standards, identifying discrepancies and exceptions for human review.

The platform also preserves decisions made during that review process. Approved exceptions, recurring interpretations, preferred products and expert judgments can become part of a reusable institutional knowledge base rather than disappearing into individual projects, emails or the experience of employees who eventually leave the organization.

“Large building owners have spent decades developing standards for how their facilities should be designed and constructed,” said John Burton, CEO and co-founder of Core Runway. “The problem is not creating the standards. The problem is applying thousands of requirements consistently across thousands of pages of project documentation, on every project, every time those documents change.”

From Design Standards to Product Approval

Core Runway follows requirements through the construction documentation lifecycle.

The platform can first compare project specifications and drawings against an owner’s institutional standards. Once the project requirements are established, proposed products and equipment can then be evaluated against the applicable specification.

If supporting product documentation is missing, Core Runway can locate manufacturer information, extract the relevant technical evidence and prepare a source-linked comparison for review.

Every finding remains traceable through the decision path:

Institutional standard → project specification → submitted product → manufacturer evidence → human decision

Qualified members of the owner or project team retain final responsibility for approval, rejection or override decisions.

Built for Institutional Scale

Core Runway recently tested its technology by comparing a 2,800-page architectural specification against a 1,000-page institutional design manual, completing the initial analysis in approximately 15 minutes.

The platform identified requirements and potential compliance issues that would otherwise require reviewers to locate and reconcile information spread across thousands of pages of documentation.

Dr. Joshua Lee, Professor of Architecture at Carnegie Mellon University, said of the technology:

“This tool could significantly improve quality control and save millions of dollars by avoiding change orders for large projects.”

Preserving Institutional Knowledge

Core Runway is also designed to address a less visible problem facing large facilities organizations: the loss of institutional expertise.

Experienced architects, engineers and facilities professionals routinely make decisions and interpretations that never become part of the formal design manual. When those employees retire or move to another organization, much of that knowledge can disappear with them.

Core Runway captures those decisions in context, allowing organizations to retain preferred approaches, accepted products, approved exceptions and recurring interpretations for use on future projects.

Over time, this allows a static design manual to evolve into a living organizational rulebook.

An Independent Compliance Layer

Core Runway is designed to work across the construction ecosystem rather than requiring an institution to standardize every project around a single project-management platform.

The goal is to allow an owner’s standards to remain consistent even when architects, contractors, consultants and project systems change from one project to another.

“Every project may have different architects, contractors and software,” Burton said. “The one constant should be the owner’s requirements. Core Runway gives the institution a way to carry those requirements — and the knowledge behind them — across its entire portfolio.”

Core Runway describes this emerging category as Compliance Intelligence for Construction: using AI to help organizations apply their own standards, locate supporting evidence, identify issues, preserve expert decisions and maintain a verifiable record of how construction requirements were interpreted and applied.

For more information or to request a compliance review, visit CoreRunway.com.

Core Runway Appoints Technology Entrepreneur and Investor Peter Levy as Advisor and ABOD Member

Veteran technology founder and investor joins Core Runway to support fundraising, go-to-market strategy and the company’s next stage of growth

SAN FRANCISCO, CA — August 28, 2026 — Core Runway, an AI-powered construction intelligence company focused on helping building owners identify and prevent compliance issues across complex construction projects, today announced that Peter Levy has joined the company as an Advisor and member of its Advisory Board of Directors (ABOD).

Levy brings more than 30 years of experience founding and leading technology companies, including Carjojo and IntelliChoice, and today works with early-stage companies on fundraising, marketing and corporate strategy. He is also an active technology investor and member of US Angels.

Peter will work closely with Core Runway’s leadership team as the company expands its institutional customer base, develops its fundraising strategy and scales its go-to-market operations.

“Peter immediately understood both the scale of the problem we’re addressing and the opportunity to build an entirely new category of construction intelligence,” said John Burton, CEO and Co-Founder of Core Runway. “He brings the combination of operating experience, investor perspective and strategic discipline that is extremely valuable to us at this stage of the company. We’re delighted to have him involved.”

Core Runway uses artificial intelligence to analyze the enormous volumes of documentation generated during institutional construction projects, including owner design standards, architectural specifications, drawings and construction submittals.

The platform highlights potential non-compliance issues for human review and provides direct links back to the supporting source material, allowing project teams to identify problems before they become expensive change orders, rework or project delays.

In one recent test, Core Runway compared a 1,000-page institutional design manual with a 2,800-page architectural specification and identified 19 potential compliance issues in approximately 15 minutes.

“Construction projects generate an extraordinary amount of information, yet many of the most important checks are still performed manually,” said Levy. “Core Runway is addressing a very large and clearly defined problem with technology that can materially improve quality control, reduce risk and save customers significant time and money. I’m looking forward to helping John, Chandika and the team build the company.”

Core Runway is initially targeting organizations with large and complex property portfolios, including universities, healthcare systems and airports, where internal building standards can extend to thousands of pages and must be enforced consistently across multiple projects, architects, contractors and subcontractors.

The appointment comes as Core Runway expands its compliance intelligence platform and increases commercial activity across the United States and internationally.

About Core Runway

Core Runway Inc. develops AI-powered construction intelligence software designed to help property owners, architects and contractors identify compliance issues across complex construction documentation.

The platform analyzes owner standards, specifications, drawings, submittals and sustainability documentation, turning thousands of pages of project information into actionable, source-linked intelligence.

Core Runway is headquartered in the San Francisco Bay Area.

Learn more at CoreRunway.com.