JPMorgan Launches $1.5 Trillion Initiative to Boost US Economic Security and Strategic Industries
JPMorganChase has unveiled a landmark US$1.5 trillion, 10-year “Security and Resiliency Initiative”, aimed at financing and investing in industries critical to the United States’ national economic security and technological independence.
The initiative represents one of the largest private-sector commitments to date focused on rebuilding America’s industrial base, with a strong emphasis on critical minerals, advanced manufacturing, energy resilience, and frontier technologies such as AI and quantum computing.
A Shift Toward Economic Resilience
Announcing the plan, JPMorgan CEO Jamie Dimon said the move is a response to increasing concerns over US reliance on foreign suppliers for essential materials and technologies.
“It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products, and manufacturing—all of which are essential for our national security,” Dimon said.
“Our security is predicated on the strength and resiliency of America’s economy.”
The initiative seeks to facilitate and finance up to US$1.5 trillion in strategic industries over the next decade, with US$10 billion in direct equity and venture capital investments earmarked for select companies to drive innovation and expand domestic manufacturing capacity.
Four Key Focus Areas
JPMorgan Chase has divided its new effort into four major categories:
- Supply Chain and Advanced Manufacturing – covering critical minerals, robotics, and pharmaceutical precursors.
- Defence and Aerospace – spanning defence technology, autonomous systems, next-generation communications, and secure data infrastructure.
- Energy Independence and Resilience – supporting grid upgrades, distributed energy, and battery storage.
- Frontier and Strategic Technologies – encompassing AI, cybersecurity, quantum computing, and semiconductors.
JP further breaks down these themes into 27 specific sub-sectors, ranging from nuclear energy and shipbuilding to nanomaterials and critical defence components.
Deepening Financial Commitment
The firm had previously planned to facilitate roughly US$1 trillion of financing for these industries, but with additional resources, it now aims to increase that figure by 50% to US$1.5 trillion.
The funding will span middle-market companies through to Fortune 500 leaders, alongside private equity and venture capital partnerships.
Dimon said the firm’s effort will also target “reliable access to life-saving medicines and critical minerals,” while supporting energy infrastructure to meet AI-driven demand.
Expanding Research and Policy Influence
To deliver on the initiative, JPMorgan will expand its internal teams and launch a dedicated external advisory council of leaders from both the public and private sectors.
The bank will also conduct specialised research into supply chain vulnerabilities, particularly in rare earths, critical minerals, and technology manufacturing, through its Centre for Geopolitics.
Policy advocacy will play a major role, with the firm pushing for regulatory streamlining, R&D incentives, and workforce training aligned to industrial priorities.
Building on 200 Years of Influence
With more than 34,000 mid-sized clients and relationships with over 90% of the Fortune 500, JPMorganChase has long positioned itself as a cornerstone of US economic development. Its track record in defence, aerospace, and energy financing makes it a natural anchor for this latest initiative.
“Hopefully, once again, as America has in the past, we will all come together to address these immense challenges,” Dimon concluded.
“We need to act now.”
JPMorgan’s new initiative underscores the increasing alignment between Wall Street capital and Washington’s industrial policy, following the US government’s own push into equity participation and strategic co-investment in sectors such as critical minerals and semiconductors.
For listed developers and manufacturers operating in battery metals, advanced materials, energy technology, and defence supply chains, the move signals expanding access to both private capital and government-backed partnerships—a trend likely to shape valuations and funding pathways across the sector.