JPMorgan Chase puts US$5 billion into companies tied to US national security

New investments include

• Next-generation defence technology
• Distributed battery storage
• Automated manufacturing
• Frontier technologies

Its new stakes include next-generation defence technology, distributed battery storage, automated manufacturing and frontier technologies.

Financed in the initiative's first year

230 US$ billion

The bank says it has financed about US$230 billion since launching its Security and Resiliency Initiative a year ago, toward US$1.5 trillion over a decade.

Background

Other US banks are making similar bets: Bank of America plans to invest US$250 billion by July 2027 in digital and infrastructure projects.