§ 2350s. Authority to contribute to innovation fund

§ 2350s. Authority to contribute to innovation fund

(a) Authority to Contribute to NATO Innovation Fund.— Within amounts authorized by law for such purpose during the five-year period following the date of the enactment of the National Defense Authorization Act for Fiscal Year 2025, the Secretary of Defense may contribute to the NATO Innovation Fund a total amount of no more than $200,000,000.

(b) Definitions.— In this section:

(1) The term “NATO” means the North Atlantic Treaty Organization.

(2) The term “NATO Innovation Fund” means the multi-sovereign, investment venture capital fund of NATO that provides secure investment in dual-use, high-impact technology.

(Added Pub. L. 118–159, div. A, title X, § 1051, Dec. 23, 2024, 138 Stat. 2061.)

Editorial Notes

References in Text

The date of the enactment of the National Defense Authorization Act for Fiscal Year 2025, referred to in subsec. (a), is the date of enactment of Pub. L. 118–159, which was approved Dec. 23, 2024.