§ 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.