On April 1, the Office of Strategic Capital (OSC) announced that it received more than 200 applications, totaling over $8.9 billion in financing requests, across 38 states for the inaugural solicitation under OSC’s Domestic Manufacturing Loan Program. As covered in a prior post, under the Notice of Funding Availability (NOFA) released last fall, OSC plans to loan up to $984 million to eligible companies to expand the U.S. industrial base, with individual loans ranging between $10 million to $150 million. These OSC loans will support advanced manufacturing, cybersecurity, decision science, edge computing, mesh networks, microelectronics, solar, and quantum computing technologies, and eligible investments must have both a defense and a commercial application. Continue Reading DoD’s Office of Strategic Capital Reports Significant Interest in Domestic Manufacturing Loan Program