The Office of Strategic Capital (OSC) is a finance organization within the Department of Defense established in December 2022. Its mission is to attract and scale private capital to technologies critical to U.S. national security, including areas relevant to the space industry such as spacecraft, microelectronics, and advanced materials. OSC aims to bridge the "Valley of Death" for critical technology companies by offering loans and loan guarantees, working in partnership with private capital providers to ensure U.S. technological advantage.
All verified mentions of this organization in source documents.
The SBIC-NASA Initiative pairs NASA’s Office of Strategic Capital with the SBA’s Small Business Investment Company Program.
NASA Administrator Jared Isaacman says the NASA Office of Strategic Capital and the SBA partnership will help small businesses access the capital they need.
NASA’s Office of Strategic Capital will connect vetted small business defense and civil contractors with participating SBIC fund managers through technical briefings and matchmaking forums.
The SBIC-NASA Initiative merges NASA’s Office of Strategic Capital with the SBA’s Small Business Investment Company program.
NASA’s Office of Strategic Capital will begin hosting technical briefings and matchmaking forums in the third quarter of 2026.
The Pentagon’s Office of Strategic Capital secured conditional loans totaling $1.2 billion with Energy Fuels and Phoenix Tailings.
The Office of Strategic Capital is deploying loan guarantees to support U.S. space startups and bridge financing gaps with respect to Chinese state-guided investment.
Ursa Major secured a $12,500,000 investment from the Department of Defense’s Office of Strategic Capital with matching funds from the company to further develop its Lynx solid rocket motor manufacturing process.
The Office of Strategic Capital provides loans to companies producing critical components to fill gaps in lower tiers of the supply base.
The Office of Strategic Capital offers loans ranging from $10,000,000 to $150,000,000 for capital investment and equipment.
The Office of Strategic Capital supported a venture in partnership with the U.S. Navy to invest in Ursa Major, a company specializing in rocket propulsion.
The Office of Strategic Capital, established in 2022, provides debt financing for companies advancing dual-use technologies with both commercial and military applications.
The Office of Strategic Capital currently manages approximately $984,000,000 in total loan authority.
Defense Secretary Lloyd Austin launched the Office of Strategic Capital in December 2022.
The Department of Defense included the $144,000,000 request for the Office of Strategic Capital in its budget proposal sent to Congress on 2024-03-11.
The Office of Strategic Capital plans to work with other government agencies that use financial instruments to fuel technology development, including the Small Business Administration’s Office of Investment and Innovation.
The Office of Strategic Capital plans to use financial tools such as loan guarantees to spur commercial investment.
The Office of Strategic Capital was created to help bring private investment to companies developing dual-use technologies with both commercial and national security applications.
The Department of Defense is requesting $144,000,000 for the Office of Strategic Capital.
Congress has authorized the Office of Strategic Capital and the Department of Defense is seeking $144,000,000 for the program in fiscal year 2025.