Business · Companies · 12 hrs ago
JPMorgan invests $5 billion in US security and resilience companies
JPMorgan Chase invested $5 billion in companies during the first year of its US security and resilience initiative.
The investments include startups and other companies working in defense, manufacturing, energy and supply chains.
The bank launched the initiative a year ago as concerns about reliance on overseas suppliers grew.
It has taken stakes in defense startups Hadrian, which builds automated factories, and Castelion, which is developing a hypersonic missile.
Separately, JPMorgan says it has financed about $230 billion for industries supporting US national interests since the initiative began.
Its original plan was to finance $1.5 trillion in US investments over a decade, and co-president Douglas Petno said the startup investment program could grow beyond its initial target.
JPMorgan Chase said it invested $5 billion in equity in companies during the first year of its U.S. security and resiliency effort.
The investments support industries including advanced manufacturing, energy, supply chains and defense-related technologies.
The bank also said it had financed about $230 billion under the initiative since its launch a year earlier.
JPMorgan’s investments include stakes in defense-related startups Hadrian and Castelion.
The initiative aims to strengthen U.S. economic and national security and reduce reliance on overseas supply chains.
- Who
- JPMorgan Chase.
- What
- It invested $5 billion in equity in companies during the first year of its security and resiliency initiative.
- When
- The bank announced the investments on October 19, 2026, after the initiative’s first year.
- Where
- The investments support industries critical to U.S. economic and national security.
- Why
- The initiative aims to strengthen supply chains and domestic industrial capacity amid geopolitical risks and dependence on overseas suppliers.
This story does not have two clearly opposing sides.
JPMorgan launched its security and resiliency initiative and committed to financing $1.5 trillion of U.S. investments over the next decade.
JPMorgan helped lead a $1.4 billion funding round in Hadrian and was involved in a $1 billion funding round for Castelion.
JPMorgan announced that it had invested $5 billion in equity during the initiative’s first year.
- Equity investments
- $5 billion
- Financing under initiative
- About $230 billion
- Long-term financing commitment
- $1.5 trillion over the next decade
- Hadrian funding round
- $1.4 billion in August 2026
- Castelion funding round
- $1 billion in August 2026
3 sources
What people are saying
In the next leg we are going to be focusing on expanding industrial capacity, strengthen supply chains and support the industries that will shape long-term economic resilience and national security
These early venture-stage, advanced manufacturing companies have found ways to build these capabilities in the U.S. rather than relying on overseas trading partners
He's done a great job and put us in some really interesting companies
Putting more than $5 billion to work in our first year shows how many exceptional businesses are building in industries that strengthen critical supply chains