Private capital markets should be tapped to support the development and scaling of technologies critical to national security, the nominee to be the Pentagon's deputy technology chief told lawmakers today. James Mazol told the Senate Armed Services Committee in his answers to advance policy questions that the Defense Department already leverages private capital as a “force multiplier” under its Office of Strategic Capital but hasn’t unlocked the full potential of what private investment has to offer. “Venture capital (VC) and...
