Closing the Strategic Capital Gap: The Case for Modernizing the Export-Import Bank (opens in new tab)

Investment should be directed at sectors where American technology and innovation exist but the infrastructure to commercialize them domestically does not—and where the national security case is clear. Among these sectors are rare earth processing, where proven American technology faces predatory state-backed pricing; defense-industrial reconstitution; and advanced shipbuilding techniques and autonomous vessel design. In short, strategic capital must target the start-up and scale-up gap in ad...