Insider Brief
- JPMorgan Chase launched a 10-year, $1.5T “Security and Resiliency Initiative,” including up to $10B in direct equity/VC, to accelerate domestic manufacturing, shore up supply chains, and back frontier technologies.
- The plan targets four pillars: Supply Chain & Advanced Manufacturing; Defense & Aerospace; Energy Independence & Resilience; and Frontier & Strategic Technologies (AI, cybersecurity, quantum).
- Execution hinges on new hires and an external advisory council, thematic research and JPM’s scale (serving ~34k mid-market firms and >90% of the Fortune 500), plus policy advocacy on permitting, procurement, R&D and workforce skills.
JPMorgan Chase unveiled a 10-year, $1.5 trillion push to finance, facilitate and invest in industries it says are central to U.S. economic security, a bid to speed domestic manufacturing, shore up supply chains and back emerging technologies from batteries to quantum computing. The “Security and Resiliency Initiative” also sets aside up to $10 billion for direct equity and venture investments in select companies, primarily in the U.S., to help them scale faster and bring production home, the bank said in an announcement.
The plan concentrates on four pillars:
- Supply Chain & Advanced Manufacturing: Critical minerals, pharmaceutical precursors, advanced robotics; capital and counsel aimed at reshoring capacity and reducing chokepoints.
- Defense & Aerospace: Defense tech, autonomous systems, drones, next-gen connectivity and secure communications to bolster national security and allied supply lines.
- Energy Independence & Resilience: Battery storage, grid hardening and distributed generation to meet rising power demand from data centers and AI loads.
- Frontier & Strategic Technologies: AI, cybersecurity and quantum computing to seed long-cycle innovation and protect digital infrastructure.
JPMorgan further broke down the four areas into 27 subacategories, with the “Strategic and Frontier Technologies” slate spanning capabilities it says can lift productivity and security at once: artificial intelligence to automate decisions and optimize operations; cybersecurity to harden data and critical infrastructure; quantum computing to unlock new problem-solving in materials, finance and biotech; edge computing to process data near devices for speed and resilience; and sensor hardware to capture real-world signals at scale. Together, the company said, these areas aim to translate into higher GDP and sturdier national capacity—boosting military and intelligence readiness, improving biotech discovery pipelines, and reinforcing cyber defenses across the economy.
“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,” Jamie Dimon, Chairman and CEO of JPMorganChase, said in a statement. “Our security is predicated on the strength and resiliency of America’s economy. America needs more speed and investment. It also needs to remove obstacles that stand in the way: excessive regulations, bureaucratic delay, partisan gridlock and an education system not aligned to the skills we need.”
To execute, the firm plans to hire more bankers, investment professionals and subject-matter experts, and to form an external advisory council that includes public- and private-sector veterans who can help shape strategy over the next decade, the bank said. It also plans thematic research on private companies and supply-chain issues tied to rare earths, AI and other technologies, complementing work at the firm’s recently launched Center for Geopolitics, which provides clients with analysis of global risks, according to the announcement. The push will be supported by Asset & Wealth Management, which already allocates capital to many of these industries, and by the bank’s own technology investments in quantum computing, cybersecurity and AI.
JPMorgan says its scale and relationships position it to move capital quickly into priority areas. The bank serves about 34,000 mid-sized companies and more than 90% of the Fortune 500, and its commercial and investment bank has led league tables for more than 15 years with deep ties to defense, aerospace, healthcare and energy, the firm said. The strategy mixes plain-vanilla lending and capital-markets work—underwriting bonds, arranging project finance, advising on mergers—with a more targeted slug of equity and venture dollars for companies that need patient capital to expand manufacturing or build first-of-a-kind facilities.
The bank also signaled it will push for policy changes that could clear bottlenecks. It plans to advocate for faster permitting, more effective procurement, and stronger support for research and development, particularly in education and skills training aligned to advanced manufacturing, the company said. That stance dovetails with Dimon’s broader view that the U.S. must move faster to add capacity in semiconductors, pharmaceuticals and energy while preserving guardrails on safety, privacy and national security. “This new initiative includes efforts like ensuring reliable access to life-saving medicines and critical minerals, defending our nation, building energy systems to meet AI-driven demand and advancing technologies like semiconductors and data centers,” he said.
JPMorgan Chase had $4.6 trillion in assets and $357 billion in stockholders’ equity as of June 30, 2025, with operations spanning consumer banking, commercial banking, payments and asset management, according to the company. The firm said it will disclose more details on hires, advisory-council members, research output and individual transactions as the initiative ramps.
“Hopefully, once again, as America has in the past, we will all come together to address these immense challenges,” Dimon said. “We need to act now.”
