The Defense Department’s Office of Strategic Capital released its second annual investment strategy and opened applications for its inaugural loan program Thursday, according to a DOD announcement. The fiscal year 2025 Investment Strategy builds on its predecessor -- which outlined 14 initial priority areas for private and federal capital backing through the Small Business Investment Company Critical Technologies (SBICCT) Initiative. Those 14 initial priority areas came from a list of 31 “covered technology categories” defined in the Fiscal Year 2024...