DOD Office of Strategic Capital, Loans, Critical Minerals & Dual-Use Tech Financing Overview

The CRS IF13215 update details OSC's capital assistance programs-including a $400M conditional loan to an Australian scandium producer and $820M for domestic drone manufacturing-alongside $1.5B+ in FY2025 reconciliation funding to subsidize up to $200B in loans for critical minerals and covered technologies. Congress is weighing whether to grant OSC equity-investment authority and tighten transparency requirements...