OSC Unveils Fiscal Year 2025 Investment Strategy for National Security Advancements
Key Ideas
  • Secretary of Defense Austin established the Office of Strategic Capital to attract private capital for U.S. national security, emphasizing the importance of investments in critical technologies and assets.
  • The Fiscal Year 2025 Investment Strategy outlines the prioritization of investments through credit-based financial products in various industry segments, including hydrogen generation and storage.
  • The Strategy aims to enhance national security by reducing economic vulnerabilities, supporting key industrial capabilities, and fostering the development of critical technologies.
  • OSC is launching its first credit product, focusing on equipment finance, and has opened the application window for direct loans to companies in the critical technologies value chain.
The Office of Strategic Capital (OSC) has revealed its Fiscal Year 2025 Investment Strategy, aimed at advancing national security by attracting private capital for critical technologies and assets. Established by Secretary of Defense Lloyd J. Austin III in December 2022, OSC's mission is to bolster U.S. national security through strategic investments. The Strategy, building on new authorities granted by the FY24 NDAA, focuses on credit-based financial products to support industries vital to national security. Secretary Austin emphasized the importance of leveraging investment opportunities to enhance America's security, economic strength, and technological leadership. The Investment Strategy identifies industry segments, including hydrogen generation and storage, as priorities for the OSC credit program. By optimizing capital allocations and addressing strategic competition arenas, OSC aims to fortify the nation's defense capabilities and reduce economic chokepoints. Under Secretary of Defense for Research and Engineering Heidi Shyu highlighted the Strategy's role in developing lasting advantages for the country. Alongside the Strategy release, OSC has initiated its first credit product centered on equipment finance. Direct loans will be issued to companies in critical technologies, with the application window open until February 3, 2025. This initiative aligns with OSC's mission to support key industrial capabilities and drive innovation in critical technology sectors. For more details on the Fiscal Year 2025 Investment Strategy and the new credit program, interested parties can visit www.osc.mil/credit-program.
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