Pentagon Acquisitions Director Ellen Lord announced the creation of the TCM program, for Trusted Capital Marketplace, a public-private partnership intended to attract national funds for investors in American technology companies, and thus avoid their takeover by foreign funds, in particular Chinese.
This strategy is not exclusive to the United States. Thus, in November 2017, the Ministry of the Armed Forces and BPI France created the DefInvest fund, intended to invest in French SMEs and Startups developing crucial technologies for Defense. Indeed, many national startups saw their technologies monopolized by foreign funds, in particular Chinese and American, posing a threat to the objectives of strategic autonomy dear to the Republic.
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