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  • MIL-OSI: Inside Information: Nokia lowers 2025 operating profit guidance due to currency  

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Inside information
    22 July 2025 at 19:00 EEST

    Inside Information: Nokia lowers 2025 operating profit guidance due to currency
      

    • Nokia lowers its comparable operating profit guidance range to EUR 1.6 billion to EUR 2.1 billion from EUR 1.9 billion to EUR 2.4 billion.  
    • Adjustment relates to currency headwinds from the weaker USD and tariffs. 
    • Reports preliminary Q2 financial results of approximately EUR 4.55 billion net sales and EUR 0.3 billion comparable operating profit.  


    Espoo, Finland – Nokia is today providing an update to its financial guidance for full year 2025. Nokia’s underlying business performed as expected through the first half, however, considering currency and tariff headwinds which are outside its control and have transpired since its Q1 results, the company feels it is prudent at this point to lower its operating profit outlook range. Nokia is lowering its comparable operating profit outlook range to EUR 1.6 billion to EUR 2.1 billion (previously EUR 1.9 billion to EUR 2.4 billion). Nokia’s guidance for free cash flow conversion from comparable operating profit remains 50% to 80%. Nokia’s guidance is now based on a EUR:USD rate of 1.17, while the currency rate used in January was 1.04.

    Since Nokia provided guidance in January for the full year 2025, two headwinds outside its control are impacting the 2025 outlook. The largest headwind is currency fluctuations (particularly the weaker USD), an approximately EUR 230 million negative impact (EUR 140 million operationally and EUR 90 million from non-cash venture fund currency revaluations). Also, the current tariff landscape is expected to impact full year operating profit by EUR 50 million to EUR 80 million.  

    Update to Nokia’s financial outlook for 2025 

      Updated  Previous (Issued 30 Jan) 
    Comparable Operating Profit1  EUR 1.6 billion to EUR 2.1 billion  EUR 1.9 billion to EUR 2.4 billion 
    Free cash flow conversion from comparable operating profit  50% to 80%  50% to 80% 

    1 Outlook is based on a EUR:USD rate of 1.17 for the remainder of the year.

    In the second quarter, based on its preliminary financials, Nokia expects to report net sales of approximately EUR 4.55 billion and comparable operating profit of EUR 300 million. The Q2 comparable operating profit includes a negative impact from its venture funds of EUR 50 million primarily related to currency.  

    Nokia will release its second quarter and half year 2025 financial results on Thursday 24th July 2025.  

    Nokia will conduct a conference call with analysts and investors to discuss its second quarter performance and business outlook on 24 July 2025 at 11:30am EEST / 09:30am BST / 04:30am US EST.  

    About Nokia

    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia
    Investor Relations
    Phone: +358 931 580 507 
    Email: investor.relations@nokia.com

    FORWARD-LOOKING STATEMENTS 

    Certain statements herein that are not historical facts are forward-looking statements. These forward-looking statements reflect Nokia’s current expectations and views of future developments and include statements regarding: A) expectations, plans, benefits or outlook related to our strategies, projects, programs, product launches, growth management, licenses, sustainability and other ESG targets, operational key performance indicators and decisions on market exits; B) expectations, plans or benefits related to future performance of our businesses (including the expected impact, timing and duration of potential global pandemics, geopolitical conflicts and the general or regional macroeconomic conditions on our businesses, our supply chain, the timing of market changes or turning points in demand and our customers’ businesses) and any future dividends and other distributions of profit; C) expectations and targets regarding financial performance and results of operations, including market share, prices, net sales, income, margins, cash flows, cost savings, the timing of receivables, operating expenses, provisions, impairments, tariffs, taxes, currency exchange rates, hedging, investment funds, inflation, product cost reductions, competitiveness, value creation, revenue generation in any specific region, and licensing income and payments; D) ability to execute, expectations, plans or benefits related to transactions, investments and changes in organizational structure and operating model; E) impact on revenue with respect to litigation/renewal discussions; and F) any statements preceded by or including “anticipate”, “continue”, “believe”, “envisage”, “expect”, “aim”, “will”, “target”, “may”, “would”, “could“, “see”, “plan”, “ensure” or similar expressions. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from such statements. These statements are based on management’s best assumptions and beliefs in light of the information currently available to them. These forward-looking statements are only predictions based upon our current expectations and views of future events and developments and are subject to risks and uncertainties that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. Factors, including risks and uncertainties that could cause these differences, include those risks and uncertainties identified in our 2024 annual report on Form 20-F published on 13 March 2025 under Operating and financial review and prospects-Risk factors.

    The MIL Network –

  • MIL-OSI United Kingdom: Oxford landlord found guilty of failing to comply with HMO licence conditions

    Source: City of Oxford

    Tuesday, 22 July 2025

    An Oxford landlord has been fined £5,500 after being found guilty of failing to comply with HMO licence conditions at a home in Headington.

    Aslam Javid Dogar, (61), of Lime Walk in Oxford, was found guilty of nine counts of failing to comply with the conditions of the HMO licence for 182 Headington Road.  

    The failure to comply with licence conditions included: 

    • an inadequate fire alarm system  
    • fire doors that had not been maintained in good order and repair 
    • a lack of guarding on the staircase and landing between the first and second floors 
    • no mechanical ventilation fitted in either kitchen or bathroom  
    • the property being generally in a poor state of repair 

    Alongside the £5,500 fine, Dogar was ordered to pay costs of £3,678 and a victim surcharge of £2,000 at Oxford Magistrates’ Court on 8 July 2025. 

    , 

    “Some landlords are taking advantage of the city’s housing shortage to rent out badly maintained properties to multiple occupants.  

    The HMO licensing scheme was introduced to raise standards in the city’s private rental sector and make sure all rented homes are safe for tenants to live in.  

    The message to landlords is clear, if you don’t meet your legal obligations to your tenants and keep your properties up to the required standard then the city council will prosecute you.  

    I am pleased by the substantial fine charged in this particular case as it serves as a deterrent to other landlords, and serves notice that HMO standards will be upheld.” 

    – Councillor Linda Smith, Cabinet Member for Housing

    If you suspect a property may be an unlicensed HMO or know of an HMO which is unsafe, in poor repair or you have concerns about its management, you can report it anonymously for investigation on the Council’s website.  

    For more information contact: 

    Oxford City Council 

    Press Office 

    01865 252096 

    pressoffice@oxford.gov.uk 
     

    MIL OSI United Kingdom –

  • MIL-OSI Russia: US announces withdrawal from UNESCO again

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    WASHINGTON, July 22 (Xinhua) — The United States on Tuesday announced its decision to withdraw from the United Nations Educational, Scientific and Cultural Organization (UNESCO), two years after rejoining it.

    According to a statement from the US State Department, the decision was made in connection with UNESCO’s policy, which Washington believes “promotes divisive social and cultural initiatives” against the backdrop of the Israeli-Palestinian conflict.

    “UNESCO’s decision to admit the ‘State of Palestine’ as a member state is highly problematic, runs counter to US policy and contributes to the spread of anti-Israeli rhetoric within the organization,” the statement said.

    The US withdrawal from UNESCO will take effect at the end of December 2026.

    This is the third time the United States has withdrawn from the organization, and the second time during the Donald Trump administration. Since the start of Trump’s second term this year, his administration has already announced withdrawals from the Paris Climate Agreement, the World Health Organization, and the UN Human Rights Council. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: China issues regulations on rural highways

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 22 (Xinhua) — Chinese State Council Premier Li Qiang signed a State Council order on issuing regulations to promote high-quality development of rural highways and ensure that they meet the needs of comprehensive rural revitalization and accelerated agricultural and rural modernization.

    The regulations on rural highways, which will take effect on September 15, stipulate that the development of rural highways should be in line with China’s coordinated efforts to promote new-type urbanization and all-round rural revitalization.

    The document notes the need to adhere to the principle of equal attention to construction, management, maintenance and operation, gradually improving a comprehensive, accessible, safe, practical, convenient and efficient rural transport infrastructure network.

    It is stated that the quality of rural highway networks should be improved and their connections with national and provincial highways should be ensured to promote the integration of urban and rural transportation. Existing rural highways that do not meet the minimum technical requirements should be upgraded.

    The document provides for strengthening the management and maintenance of rural roads through a clear division of responsibilities, and also requires regular inspections and the identification of hidden safety threats.

    As emphasized in the regulations, local governments at all levels should promote the integrated construction of rural roads and related infrastructure facilities, industrial parks and tourist attractions located along them, which will promote the comprehensive development of rural passenger transportation, freight logistics, postal services and express delivery, and enhance the ability of rural roads to serve economic circulation between urban and rural areas. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Uzbekistan’s Economy Grew by 7.2% in First Half of Year

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    Tashkent, July 22 (Xinhua) — Uzbekistan’s economy grew by 7.2 percent year-on-year in the first half of this year, local media reported on Tuesday, citing the National Statistics Committee of the Republic of Uzbekistan.

    According to preliminary data, the gross domestic product (GDP) of Uzbekistan for January-June 2025 increased by 7.2 percent compared to the same period in 2024.

    It is noted that the country’s foreign trade turnover increased by 16.1 percent in the first six months of 2025.

    In June, the press service of the President of Uzbekistan reported, citing the head of state Shavkat Mirziyoyev, that over the past 8 years, the country’s GDP has doubled and the goal has been set to bring it to 200 billion US dollars by 2030. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI USA: H.R. 589, FACE Act Repeal Act

    Source: US Congressional Budget Office

    H.R. 589 would repeal a section of federal law that prohibits actions that interfere with a person’s ability to access or provide reproductive health services or to engage in religious worship. Under the bill, individuals and states attorneys general would no longer be able to file civil lawsuits in federal court for violations of the law and the government could not impose civil or criminal penalties related to those actions.

    As a result, CBO expects that enacting H.R. 589 would reduce revenues and direct spending. Criminal and civil fines are recorded in the budget as revenues. Criminal fines are deposited in the Crime Victims Fund and later spent without further appropriation. Generally, civil fines are returned to the Treasury and are not available for spending without further appropriation. CBO estimates that any reduction in the collection of civil and criminal penalties would be insignificant.

    Additionally, CBO estimates that enacting H.R. 589 would reduce the number of civil cases filed in federal court. Under current law, the federal judiciary charges fees to file suits in district courts. Those fees are recorded in the budget as revenues and the courts can spend those fees without further appropriation. CBO estimates that any reduction in the collections of those fees would be insignificant. In total, CBO estimates that enacting H.R. 589 would reduce revenues and the associated direct spending by less than $500,000 in every year and over the 2025-2035 period.

    H.R. 589 would impose an intergovernmental and private-sector mandate as defined in the Unfunded Mandates Reform Act (UMRA) by removing the ability of individuals and state attorneys general to pursue civil remedies for conduct that interfered with the receipt or provision of reproductive health services or participation in religious activities.

    The cost of this mandate would be the lost financial awards from successful litigation. CBO cannot anticipate the number of cases that would be prohibited under this bill, the outcome of such cases, or the financial awards from successful litigation. Therefore, CBO cannot determine whether the cost of the mandate would exceed the UMRA intergovernmental and private-sector thresholds ($103 million and $206 million respectfully, in 2025, adjusted annually for inflation).

    The CBO staff contacts for this estimate are Jeremy Crimm (for federal costs) and Erich Dvorak (for mandates). The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

  • MIL-OSI USA: S. 1595, Improving Police CARE Act

    Source: US Congressional Budget Office

    S. 1595 would require the Department of Justice (DOJ) to develop and publish standards for trauma kits and the best practices for law enforcement agencies on the maintenance and use of those kits. The bill would require DOJ to consult with the private sector and state and local law enforcement agencies in developing the standards. S. 1595 also would prohibit grantees under the Edward Byrne Memorial Justice Assistance Grant program from using grant funds to purchase trauma kits that do not meet DOJ’s standards. Under that program, DOJ awards grants to state, local, territorial, and tribal governments to support a variety of criminal justice and law enforcement activities, including the purchase of trauma kits.

    Based on the costs of similar activities, CBO estimates that implementing S. 1595 would cost DOJ less than $500,000 to develop and publish the standards and best practices. Any related spending would be subject to the availability of appropriated funds.

    The CBO staff contact for this estimate is Jeremy Crimm. The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

  • MIL-OSI USA: H.R. 60, Knife Owners’ Protection Act

    Source: US Congressional Budget Office

    H.R. 60 would allow people to transport a knife between state and local jurisdictions where it is legal to possess and carry such a knife under certain conditions. That authority would not allow people who are otherwise prohibited from possessing, transporting, shipping or receiving knives under federal law. CBO estimates that enacting the bill would have no effect on federal spending because it would not change any federal laws related to possessing or transporting knives.

    H.R. 60 would impose intergovernmental and private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). The bill would preempt state and local laws related to the possession and transportation of knives by allowing individuals to transport knives through states that prohibit them. The bill also would prevent owners of temporary lodgings and transport companies from banning the possession of knives on their property, which would be a private-sector mandate. CBO estimates that the costs to comply with the mandates would be small and below the thresholds for intergovernmental and private-sector mandates ($103 million and $206 million in 2025, respectively, adjusted annually for inflation).

    On February 11, 2025, CBO transmitted a cost estimate for S. 246, the Interstate Transport Act of 2025, as ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 5, 2025. The two bills are similar, and CBO’s estimates of their budgetary effects are the same.

    The CBO staff contacts for this estimate are Jeremy Crimm (for federal costs) and Erich Dvorak (for mandates). The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

  • MIL-OSI USA: H.R. 4071, Combatting International Drug Trafficking and Human Smuggling Partnership Act of 2025

    Source: US Congressional Budget Office

    H.R. 4071 would allow Customs and Border Protection (CBP) to participate in joint operations with foreign governments abroad to prevent illicit drug trafficking and terrorist threats. The bill also would authorize CBP to pay certain claims for monetary damage, loss of personal property, or injury brought against the United States that arise from such operations. Under current law, CBP can settle claims for those purposes that arise within the United States under the Federal Tort Claims Act (FTCA), but not those that originate in a foreign country. H.R. 4071 would require CBP to report to the Congress within 90 days of paying such a claim. Under the bill, all claims would be paid from discretionary funds and the authority to pay those claims would expire five years after enactment.

    Based on similar FTCA claims, CBO estimates that very few claims would be paid under the bill and the average claim would be small. As a result, CBO estimates that implementing H.R. 4071 would cost less than $500,000 over the 2025-2030 period. Any related spending would be subject to the availability of appropriated funds.

    The CBO staff contact for this estimate is Jeremy Crimm. The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

  • MIL-OSI USA: H.R. 1608, Department of Homeland Security Vehicular Terrorism Prevention and Mitigation Act of 2025

    Source: US Congressional Budget Office

    H.R. 1608 would require the Department of Homeland Security (DHS) to report to the Congress on its efforts to detect, prevent, and respond to acts of terrorism in which a vehicle is used as a weapon. The report would include an assessment of current and emerging threats, a review of high-risk locations, and recommendations for research and development. H.R. 1608 would require DHS to brief the Congress on the report’s findings and recommendations.

    Based on the costs of similar activities, CBO estimates that implementing H.R. 1608 would cost less than $500,000 over the 2025-2030 period. Any related spending would be subject to the availability of appropriated funds.

    The CBO staff contact for this estimate is Jeremy Crimm. The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

  • MIL-OSI USA: The Race for Kansas’ Most Liberal Candidate Begins

    Source: US Republican Governors Association

    The following text contains opinion that is not, or not necessarily, that of MIL-OSI –

    WASHINGTON, D.C. –The Republican Governors Association (RGA) released the following response to Ethan Corson entering Kansas’ gubernatorial race:

    “After months of begging candidates to get in the race and failing, Laura Kelly and the Kansas Democrat machine have finally found their consolation prize candidate,” said RGA Communications Director Courtney Alexander. “Whether it’s Ethan Corson or Cindy Holscher, the only thing that Kansas Democrats are offering are lockstep liberal voting records that are out of step with Kansas values and will take Kansas backward. Kansans deserve a governor who will lead with conservative common sense to deliver results, lower property taxes, and preserve the Kansas way of life.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Federal Court Upholds Bureau of Reclamation’s Conversion of Water Service Contracts in Central Valley of California

    Source: US State of California

    Last week, a judgment entered by the U.S. District Court for the Eastern District of California confirmed the ability of the Bureau of Reclamation to convert water service contracts to long term repayment contracts pursuant to the Water Infrastructure and Improvements for the Nation Act. The converted contracts eliminate the need for future renewals and associated costs and allow contractors to lower their overall costs by prepaying their share of project construction costs. The converted contracts also benefit the government by facilitating faster repayment of construction costs which can provide funding for future water storage projects.

    The Court agreed with Reclamation’s interpretation of the WIIN Act, that

    • the WIIN Act requires contract conversion upon request, and
    • WIIN Act § 4011(a)(4)(c) strips Reclamation of discretion to modify any “water service … contractual rights” other than those related to the financial terms specifically addressed by the WIIN Act.

    Because those provisions removed Reclamation’s discretion, Reclamation was not required to conduct an analysis under the National Environmental Policy Act, or consult under the Endangered Species Act, as part of the contract conversions.

    Acting Assistant Attorney General Adam Gustafson of the Justice Department’s Environment and Natural Resources Division (ENRD) made the announcement.

    Trial Attorneys David Gehlert and Jeff Candrian of ENRD’s Natural Resources Section handled the case. 

    MIL OSI USA News –

  • MIL-OSI USA: Washington Hunting Guide and Outfitting Company Enter Guilty Pleas to Lacey Act Crime

    Source: US State of California

    Branden Trager of Brush Prairie, Washington, and his guiding company Mayhem Services LLC pleaded guilty yesterday in federal court in Tacoma to violating the Lacey Act.

    In pleading guilty, Trager admitted he and Mayhem Services violated the Migratory Bird Treaty Act (MBTA) during a January 2023 hunting trip in western Washington and then transported the taken birds in violation of the Lacey Act. Enacted 125 years ago, the Lacey Act protects the nations wildlife resources by prohibiting wildlife violations that cross state or international borders. Trager also acknowledged that in 2022 he brought hunters into British Columbia, Canada, where he guided waterfowl hunting trips targeting the harlequin duck. He could not operate as a hunting guide under Canadian law.

    The harlequin duck (Histrionicus histrionicus) is a small sea duck with a habitat ranging from Alaska to California. Hunters prize the harlequin as a trophy and as part of a challenge to hunt 41 North American waterfowl species. Washington closed harlequin hunting for the 2022-2023 season, but limited hunting remained open in British Columbia.

    According to plea agreements filed in court, the recommended fines are $100,000 for Trager and $75,000 for Mayhem Services. The parties also agreed to recommend that the court order the defendants to make a public statement expressing contrition and emphasizing the importance of hunting, guiding, and wildlife regulations. Sentencing is scheduled for Oct. 16.

    According to a Joint Factual Statement filed in court, the MBTA prohibits, among other things, taking migratory birds using a motor vehicle; taking migratory birds by using a vehicle to concentrate, drive, or rally them; taking migratory birds in excess of daily bag limits; taking or crippling a migratory bird and not make reasonable efforts to retrieve it; and transporting taken migratory birds belonging to another individual without tagging them. Taking includes pursuing, hunting, shooting, wounding, killing, trapping, capturing, or collecting.

    The Lacey Act is the nation’s oldest wildlife trafficking law. It prohibits, among other things, transporting wildlife that had been illegally taken under federal, state, tribal or foreign law. The MBTA is a U.S. law that implemented treaties with Canada and other nations to ensure sustainable populations of migratory birds.

    Acting Assistant Attorney General Adam Gustafson of the Justice Department’s Environment and Natural Resources Division made the announcement.

    The U.S. Fish and Wildlife Service Office of Law Enforcement led the investigation along with Homeland Security Investigations, British Columbia Conservation Officer Service, and the Washington Department of Fish & Wildlife.

    Senior Trial Attorney Ryan Connors and Trial Attorney Sarah Brown of the Justice Department’s Environmental Crimes Section prosecuted the case with assistance from the U.S. Attorney’s Office for the Western District of Washington.

    MIL OSI USA News –

  • MIL-OSI Security: Cedar Rapids Man Who Conspired to Distribute Thousands of Fentanyl Pills Sentenced to Federal Prison

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    A man who conspired to distribute fentanyl pills was sentenced today to 14 years in federal prison.  Jaylon William Throgmartin, age 22, from Cedar Rapids, Iowa, received the prison term after a guilty plea to conspiracy to distribute a controlled substance.

    In a plea agreement and at the sentencing hearing, evidence showed that Throgmartin distributed thousands of fentanyl pills between December 2023 and October 2024.  Throgmartin also facilitated the sale of a firearm in exchange for fentanyl pills.  In January 2025, he distributed at least one fentanyl pill to someone who overdosed.  The victim recovered after receiving Narcan.  

    Throgmartin was sentenced in Cedar Rapids by United States District Court Chief Judge C.J. Williams.  Throgmartin was sentenced to 168 months’ imprisonment and must also serve a four-year term of supervised release after the prison term.  There is no parole in the federal system.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone.  On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    The case was prosecuted by Assistant United States Attorney Devra T. Hake and was investigated as part of the Northern Iowa Heroin Initiative and the Organized Crime Drug Enforcement Task Force (OCDETF) program of the United States Department of Justice through a cooperative effort of the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Cedar Rapids Police Department, the Iowa Division of Narcotics Enforcement, and the Iowa Division of Intelligence and Fusion Center.  OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence‑driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

    This case is part of Operation Take Back America (https://www.justice.gov/dag/media/1393746/dl?inline) a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime.  Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    Throgmartin is being held in the United States Marshal’s custody until he can be transported to a federal prison.

    Court file information at https://ecf.iand.uscourts.gov/cgi-bin/login.pl.

    The case file number is 25-CR-5.

    Follow us on X @USAO_NDIA.

    MIL Security OSI –

  • MIL-OSI Security: Federal Court Upholds Bureau of Reclamation’s Conversion of Water Service Contracts in Central Valley of California

    Source: United States Attorneys General

    Last week, a judgment entered by the U.S. District Court for the Eastern District of California confirmed the ability of the Bureau of Reclamation to convert water service contracts to long term repayment contracts pursuant to the Water Infrastructure and Improvements for the Nation Act. The converted contracts eliminate the need for future renewals and associated costs and allow contractors to lower their overall costs by prepaying their share of project construction costs. The converted contracts also benefit the government by facilitating faster repayment of construction costs which can provide funding for future water storage projects.

    The Court agreed with Reclamation’s interpretation of the WIIN Act, that

    • the WIIN Act requires contract conversion upon request, and
    • WIIN Act § 4011(a)(4)(c) strips Reclamation of discretion to modify any “water service … contractual rights” other than those related to the financial terms specifically addressed by the WIIN Act.

    Because those provisions removed Reclamation’s discretion, Reclamation was not required to conduct an analysis under the National Environmental Policy Act, or consult under the Endangered Species Act, as part of the contract conversions.

    Acting Assistant Attorney General Adam Gustafson of the Justice Department’s Environment and Natural Resources Division (ENRD) made the announcement.

    Trial Attorneys David Gehlert and Jeff Candrian of ENRD’s Natural Resources Section handled the case. 

    MIL Security OSI –

  • MIL-OSI Security: Washington Hunting Guide and Outfitting Company Enter Guilty Pleas to Lacey Act Crime

    Source: United States Attorneys General

    Branden Trager of Brush Prairie, Washington, and his guiding company Mayhem Services LLC pleaded guilty yesterday in federal court in Tacoma to violating the Lacey Act.

    In pleading guilty, Trager admitted he and Mayhem Services violated the Migratory Bird Treaty Act (MBTA) during a January 2023 hunting trip in western Washington and then transported the taken birds in violation of the Lacey Act. Enacted 125 years ago, the Lacey Act protects the nations wildlife resources by prohibiting wildlife violations that cross state or international borders. Trager also acknowledged that in 2022 he brought hunters into British Columbia, Canada, where he guided waterfowl hunting trips targeting the harlequin duck. He could not operate as a hunting guide under Canadian law.

    The harlequin duck (Histrionicus histrionicus) is a small sea duck with a habitat ranging from Alaska to California. Hunters prize the harlequin as a trophy and as part of a challenge to hunt 41 North American waterfowl species. Washington closed harlequin hunting for the 2022-2023 season, but limited hunting remained open in British Columbia.

    According to plea agreements filed in court, the recommended fines are $100,000 for Trager and $75,000 for Mayhem Services. The parties also agreed to recommend that the court order the defendants to make a public statement expressing contrition and emphasizing the importance of hunting, guiding, and wildlife regulations. Sentencing is scheduled for Oct. 16.

    According to a Joint Factual Statement filed in court, the MBTA prohibits, among other things, taking migratory birds using a motor vehicle; taking migratory birds by using a vehicle to concentrate, drive, or rally them; taking migratory birds in excess of daily bag limits; taking or crippling a migratory bird and not make reasonable efforts to retrieve it; and transporting taken migratory birds belonging to another individual without tagging them. Taking includes pursuing, hunting, shooting, wounding, killing, trapping, capturing, or collecting.

    The Lacey Act is the nation’s oldest wildlife trafficking law. It prohibits, among other things, transporting wildlife that had been illegally taken under federal, state, tribal or foreign law. The MBTA is a U.S. law that implemented treaties with Canada and other nations to ensure sustainable populations of migratory birds.

    Acting Assistant Attorney General Adam Gustafson of the Justice Department’s Environment and Natural Resources Division made the announcement.

    The U.S. Fish and Wildlife Service Office of Law Enforcement led the investigation along with Homeland Security Investigations, British Columbia Conservation Officer Service, and the Washington Department of Fish & Wildlife.

    Senior Trial Attorney Ryan Connors and Trial Attorney Sarah Brown of the Justice Department’s Environmental Crimes Section prosecuted the case with assistance from the U.S. Attorney’s Office for the Western District of Washington.

    MIL Security OSI –

  • MIL-OSI: SOITEC REPORTS FIRST QUARTER REVENUE OF FISCAL YEAR 2026

    Source: GlobeNewswire (MIL-OSI)

    SOITEC REPORTS FIRST QUARTER REVENUE OF FISCAL YEAR 2026

    • Q1’26 revenue: €92m, down 16% year-on-year on an organic1basis, slightly better than the guidance
    • Q1’26 year-on-year revenue development reflects, as expected, ongoing RF-SOI inventory correction among customers, a weak automotive market, the anticipated phase-out of first-generation Imager-SOI, and the strong momentum in Photonics-SOI
    • Q2’26 revenue is expected to grow around 50% versus Q1’26, on an organic basis

    Bernin (Grenoble), France, July 22nd, 2025 – Soitec (Euronext Paris), a world leader in designing and manufacturing innovative semiconductor materials, today announced unaudited consolidated revenue of 92 million Euros for the first quarter of FY’26 (ended on June 29th, 2025), down 24% on a reported basis compared with 121 million Euros achieved in the first quarter of FY’25. This reflects a 16% decline on an organic basis, a negative currency impact of 5% and a negative scope effect2 of 3% related to the divestment of Dolphin Design’s businesses.

    Pierre Barnabé, Soitec’s CEO, commented: “Q1’26 revenue was slightly better than the guidance, down 16% year-on-year on an organic basis. This includes the phase-out of Imager-SOI. Artificial Intelligence continues to support strong growth in Edge & Cloud AI division, with traction both at the edge and in the cloud accelerating adoption of FD-SOI for Edge AI and Photonics-SOI for data centers. Conversely, the correction of RF-SOI inventories among our direct customers, and the ongoing weakness in the Automotive market continued to impact our revenue.

    Looking ahead, we expect Q2’26 revenue to grow around 50% versus Q1’26, on an organic basis. This reflects ongoing RF-SOI inventory correction in Mobile Communications, continued weakness in Automotive & Industrial, and strong growth in Edge & Cloud AI.

    In an uncertain and volatile environment, we remain focused on the factors within our control to prepare Soitec for the future. We are broadening our end-market exposure and customer base to diversify the company’s foundations. In parallel, we are accelerating the expansion of our product portfolio – across both SOI and compound semiconductors – to serve a wider range of applications. At the same time, we are building robust ecosystems that support the adoption of our products, with the ambition of establishing them as new industry standards.”

    First quarter FY’26 consolidated revenue

      Q1’26 Q1’25 Q1’26/Q1’25
             
             
    (Euros million)     change reported chg. at const. exch. rates & perimeter
             
    Mobile Communications 43 48 -12% -7%
    Automotive & Industrial 5 26 -82% -81%
    Edge & Cloud AI 44 46 -4% +13%
             
    Revenue 92 121 -24% -16%

    Mobile Communications

    Mobile Communications revenue reached 43 million Euros in Q1’26, down 7% year-on-year on an organic basis.

    After a strong seasonal tailwind in Q4’25, further correction was expected in RF-SOI customer inventories. As a result, sales of RF-SOI wafers decreased to a low level in Q1’26, below Q1’25. This mostly reflects a significant year-on-year decrease in 200-mm RF-SOI volumes sold. Sales of 300-mm RF-SOI wafers were higher than in Q1’25, driven by higher volumes, despite a slightly negative price / mix effect.

    Sales of POI (Piezoelectric-on-Insulator) wafers dedicated to RF filters were stable year-on-year, reflecting ongoing growth with key US customers and a temporary slowdown in Asia. POI is becoming the reference substrate for advanced Surface Acoustic Wave (SAW) filters, increasingly adopted by leading fabless globally.

    Sales of FD-SOI wafers, the only solution for fully integrated 5G mmWave system-on-chip, were significantly higher than in Q1’25. FD-SOI adoption is progressing with first design wins for Wi-Fi 7 SoCs, for premium Android smartphones.

    Automotive & Industrial

    In a persistently complicated automotive market, Automotive & Industrial revenue reached 5 million Euros in Q1’26, down 81% year-on-year on an organic basis.

    As expected, the Power-SOI inventory replenishment that took place at customer level in Q4’25, came at the expense of volumes in Q1’26, and will continue to impact Q2’26. Meanwhile, Soitec is accelerating the transition from 200-mm to 300-mm Power-SOI to address growing demand for Battery Management Systems.

    Automotive FD-SOI wafer sales were negligible in Q1’26, although the build-up of a solid ecosystem is supporting the strengthening of its adoption for analog/digital systems such as radars, microcontrollers and wireless connectivity.

    Regarding SmartSiCTM, the slower growth of the electric vehicle market combined with the longer qualification cycles confirms the delay in the production ramp-up, as already communicated.

    Edge & Cloud AI

    Edge & Cloud AI revenue reached 44 million Euros in Q1’26, up 13% on an organic basis compared to Q1’25 despite the discontinuation of the first generation of Imager-SOI wafers for 3D imaging applications, which recorded 25 million Dollars in revenue in Q1’25. On a reported basis, Edge & Cloud AI revenue went down 4% due to the scope effect of the divestment of Dolphin Design’s businesses combined with a negative currency impact.

    Soitec delivered another strong performance in Photonics-SOI in Q1’26, with sales significantly above Q1’25 levels. As AI computing power expands, driving demand for faster and more efficient data centers, Photonics-SOI stands out as the optimal solution for high-speed, high-bandwidth optical links, whether for pluggable transceivers or Co-Packaged Optics (CPOs). Soitec is capitalizing on strong Cloud infrastructure investments from Big Tech and AI players and is accelerating its Photonics-SOI roadmap with AI leaders.

    FD-SOI sales were also above Q1’25 levels. Thanks to its benefits in power efficiency, performance, thermal management, and reliability, FD-SOI is a key enabler of AI-driven IoT applications across consumer, healthcare, and industrial markets.

    Q2’26 outlook

    Q2’26 revenue is expected to grow around 50% versus Q1’26, on an organic basis. The impact from the phasing out of Imager-SOI will be less pronounced than in Q1’26, as Imager-SOI revenue amounted to approximately 7 million Dollars in Q2’25.

    Excluding Imager-SOI, Edge & Cloud AI is expected to maintain solid momentum and should be slightly up vs. Q1’26. Mobile Communications revenue will remain low, despite nearly doubling from Q1’26, as customers continue to work through excess RF-SOI inventory. As in Q1’26, Automotive & Industrial revenue in Q2’26 is expected to decline sharply versus Q2’25.

    Projected FY’26 Capex cash-out is confirmed around 150 million Euros, down from 230 million Euros in FY’25.

    Key events of Q1’26

    Soitec has successfully issued a new 200 million Euros Schuldschein loan

    This is a 200 million Euros Schuldschein loan offering a floating rate coupon with an average maturity of 4.1 years, which was subscribed by high quality European investors.
    The offering is structured in tranches of 3, 4, 5 & 7 years, with 72% of the transaction on the 4-year and 5-year tenors. The 100 million Euros initially planned were significantly oversubscribed, reflecting investor interest and confidence in Soitec’s financial profile and strategy, despite a volatile environment.
    The proceeds of the new Schuldschein loan will be used to partially refinance the 325 million Euros convertible bonds maturing in October 2025 and for general corporate purposes. Through this transaction, Soitec is actively managing its debt profile and extending its debt maturity.

    Soitec and PSMC collaborate on ultra-thin TLT technology for nm-scale 3D stacking

    On June 3rd, 2025, Soitec announced a strategic collaboration with Powerchip Semiconductor Manufacturing Corporation (PSMC). Under the collaboration, Soitec will supply PSMC 300mm substrates incorporating a release layer, Transistor Layer Transfer (TLT) ready, to support a new demonstration of advanced 3D chip stacking at the wafer level. This marks the first public announcement of Soitec’s TLT technology. The technology is an enabler for next-generation semiconductor designs that allow for more powerful, compact and energy-efficient chips – with potential applications ranging from smartphones, tablets and AI devices to autonomous driving systems.

    CEA-Leti and Soitec announce strategic partnership to leverage FD-SOI for enhanced security of integrated circuits

    On June 18th, 2025, CEA-Leti and Soitec announced a strategic partnership to enhance the cybersecurity of integrated circuits (ICs) through the innovative use of fully depleted silicon-on-insulator (FD-SOI) technologies. This collaboration aims to position FD-SOI as a foundational platform for secure electronics by leveraging and extending its inherent resistance to physical attacks. At the heart of the initiative is a joint effort to experimentally validate and augment the security benefits of FD-SOI—from the substrate level up to circuit design. The project aims to deliver concrete data, practical demonstrations, and roadmap guidance to meet the surging cybersecurity demands in critical markets such as automotive, industrial IoT, and secure infrastructure

    # # #

    Analysts conference call to be held in English on Wednesday 23rdJuly at 8:00 am CET.

    To listen to this conference call, the audiocast is available live and in replay at the following address: https://channel.royalcast.com/soitec/#!/soitec/20250723_1

    # # #

    Agenda

    Q2’26 revenue and H1’26 results are due to be published on November 19th, 2025, after market close.

    # # #

    Disclaimer

    This document is provided by Soitec (the “Company”) for information purposes only.

    The Company’s business operations and financial position are described in the Company’s Universal Registration Document (which notably includes the Annual Financial Report) which was filed on June 11th, 2025, with the French stock market authority (Autorité des Marchés Financiers, or AMF) under number D.25-0439. The French version of the 2024-2025 Universal Registration Document, together with English courtesy translation for information purposes of this document, are available for consultation on the Company’s website (www.soitec.com), in the section Company – Investors – Financial Reports.

    Your attention is drawn to the risk factors described in Chapter 2.1 (Risk factors and controls mechanism) of the Company’s Universal Registration Document.

    This document contains summary information and should be read in conjunction with the Universal Registration Document.

    This document contains certain forward-looking statements. These forward-looking statements relate to the Company’s future prospects, developments and strategy and are based on analyses of earnings forecasts and estimates of amounts not yet determinable. By their nature, forward-looking statements are subject to a variety of risks and uncertainties as they relate to future events and are dependent on circumstances that may or may not materialize in the future. Forward-looking statements are not a guarantee of the Company’s future performance. The occurrence of any of the risks described in Chapter 2.1 (Risk factors and controls mechanism) of the Universal Registration Document may have an impact on these forward-looking statements.

    The Company’s actual financial position, results and cash flows, as well as the trends in the sector in which the Company operates may differ materially from those contained in this document. Furthermore, even if the Company’s financial position, results, cash-flows and the developments in the sector in which the Company operates were to conform to the forward-looking statements contained in this document, such elements cannot be construed as a reliable indication of the Company’s future results or developments.

    The Company does not undertake any obligation to update or make any correction to any forward-looking statement in order to reflect an event or circumstance that may occur after the date of this document.

    This document does not constitute or form part of an offer or a solicitation to purchase, subscribe for, or sell the Company’s securities in any country whatsoever. This document, or any part thereof, shall not form the basis of, or be relied upon in connection with, any contract, commitment or investment decision.

    Notably, this document does not constitute an offer or solicitation to purchase, subscribe for or to sell securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from the registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Company’s shares have not been and will not be registered under the Securities Act. Neither the Company nor any other person intends to conduct a public offering of the Company’s securities in the United States.

    # # #

    About Soitec

    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 0.9 billion Euros in fiscal year 2024-2025. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of more than 2,200 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Nearly 4,300 patents have been registered by Soitec.

    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.

    For more information: visit our website and follow us on LinkedIn and X

    # # #

    Media Relations: media@soitec.com

    Investor Relations: investors@soitec.com

    # # #

    Consolidated revenue per quarter

    Quarterly revenue Q1’25 Q2’25 Q3’25 Q4’25 Q1’26  
    (Euros millions)            
    Mobile Communications 48   124   154   220 43    
    Automotive & Industrial 26 33 25 45 5  
    Edge & Cloud AI 46 61 47 63 44  
                 
    Revenue 121   217   226   327 92    
    Change in quarterly revenue Q1’26/Q1’25
    (vs. previous year) Reported
    change    		 Organic change1
         
    Mobile Communications -12% -7%
    Automotive & Industrial -82% -81%
    Edge & Cloud AI -4% +13%
         
    Revenue -24% -16%

    1         At constant exchange rates and comparable scope of consolidation:

    • in Q1’26 there is a negative scope effect related to the divestment of Dolphin Design’s mixed signal IP activities (completed on October 31st, 2024) and the divestment of Dolphin Design’s ASIC activities (completed on December 30th, 2024).

    1 At constant exchange rates and perimeter

    2 The scope effect is related to the divestment of Dolphin Design’s mixed-signal IP activities (completed on October 31st, 2024) and that of Dolphin Design’s ASIC activities (completed on December 30th, 2024)

    Attachment

    The MIL Network –

  • MIL-OSI: Talkdesk introduces new multi-storefront capability for retailers

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., July 22, 2025 (GLOBE NEWSWIRE) — Talkdesk®, Inc. today announced Talkdesk Multi-Store Commerce Integration, a new capability that enables multi-brand retailers to manage customer service across multiple Shopify and other commerce storefronts within a single Talkdesk account, streamlining operations and enhancing the customer experience (CX). The agnostic multi-shop connector integrates with any commerce engine, including BigCommerce, Salesforce Commerce Cloud, and Adobe Commerce Cloud.

    In today’s complex retail landscape, global brands often have different storefronts for each regional website, which can result in fragmented customer service. Talkdesk’s new multi-store integration addresses this by providing a unified platform for managing customer interactions across a brand or store portfolio.

    “Retailers need agile solutions that can keep pace with their growth and diverse brand strategies,” said Tiago Paiva, chief executive officer and founder of Talkdesk. “Our new multi-store integration empowers them to deliver consistent, efficient support across every customer touchpoint, regardless of which brand they’re engaging with. This not only improves customer satisfaction but also significantly reduces operational complexities for our retail partners.”

    Available as part of Talkdesk Retail Experience Cloud, the Multi-Store Commerce Integration offers several benefits for retailers:

    • Streamlined Agent Workflows: Agents can now efficiently support customers across multiple brands, all within a single Talkdesk interface. This eliminates the need for agents to switch between different systems, improving productivity and reducing resolution times.
    • Enhanced Customer Experience: By providing agents with a holistic view of customer interactions across brands, the integration ensures customers receive consistent and personalized support, even if they shop with multiple brands within a retailer’s portfolio. This removes friction and builds loyalty.
    • Accelerated Deployment and Scalability: The agnostic connector simplifies integration with all commerce engines, reducing deployment complexity and accelerating time-to-value. Retailers can “deploy once, deliver to many,” easily extending virtual agents, voice, chat, and SMS capabilities across numerous brand experiences. For example, a retailer can deploy a single artificial intelligence (AI) agent across the entire brand portfolio, rather than having to deploy multiple agents across several brands.
    • Improved Onboarding: The ability to identify and serve customers across brands with clarity and speed not only enhances customer service quality but also accelerates the onboarding process for new retail partners and brands.

    This new capability is a game-changer for retailers looking to optimize their customer service operations, scale efficiently, and deliver a superior customer experience across their entire brand ecosystem.

    About Talkdesk

    Talkdesk® is leading a new era in customer experience with Customer Experience Automation (CXA)—a new category and platform designed to automate the full complexity of modern customer journeys. CXA replaces fragmented, human-coordinated workflows with autonomous, multi-agent AI orchestration that delivers intelligent, scalable, and outcome-focused service across the entire CX lifecycle.

    At the core of CXA is the Talkdesk Data Cloud, which turns transcripts, call recordings, case notes, and customer records from across CRMs and systems of record into real-time, actionable knowledge. This enables AI agents to operate with full context, collaborating seamlessly to resolve complex customer problems with speed, precision, and adaptability.

    Talkdesk CXA supports both cross-industry workflows and industry-specialized use cases in sectors like retail, healthcare, financial services, utilities, travel, and government. With prebuilt AI agents, a virtuous automation cycle (Discover, Build, Orchestrate, Measure), and rapid time-to-value, Talkdesk helps enterprises modernize customer experience without the need for a full rip-and-replace.

    Trusted by global brands and recognized for continuous innovation, Talkdesk empowers organizations to grow revenue, reduce costs, and transform service delivery through coordinated, AI-driven automation. Companies that love their customers use Talkdesk.

    Talkdesk is a registered trademark of Talkdesk, Inc. All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

    Media Contact:

    Talkdesk Public Relations

    pr@talkdesk.com

    The MIL Network –

  • MIL-OSI USA: House Passes Pettersen’s Provision to Restore Silver Cliff ZIP Code

    Source: United States House of Representatives – Representative Brittany Pettersen (Colorado 7th District)

    The U.S. House of Representatives passed H.R.3095, bipartisan legislation that included a provision introduced by Representative Brittany Pettersen (CO-07) to restore the Town of Silver Cliff’s ZIP Code. 

    In 1991, the town lost its unique ZIP Code and was forced to use the ZIP Code of the neighboring town of Westcliffe, which has resulted in delays and extensive errors with postal delivery, as well as a loss of hundreds of thousands of dollars in sales tax revenue. The bill would reinstate the original ZIP Code to the Town of Silver Cliff, decoupling them from Westcliffe and alleviating these issues.

    “Coloradans depend on a reliable postal service for everything from prescription drugs and billing notices to food, clothing, and other basic necessities,” said Pettersen. “Unfortunately, ever since the Town of Silver Cliff lost its unique ZIP Code, they’ve had subpar postal service that has led to the loss of thousands of dollars in sales tax revenue and countless delayed and lost deliveries. It’s unacceptable, and I’ve been fighting in Congress to restore their ZIP Code and alleviate these challenges. I’m grateful to see this provision pass with bipartisan support and will keep working to get it across the finish line.”

    “We’re excited and hopeful for the passage of H.R. 3095. After five unsuccessful boundary reviews in a 30-year period, this is the closest we’ve ever gotten to regaining the use of our ZIP Code – 81249,” said Mayor H.A. Buck Wenzel. “Since our ZIP Code was arbitrarily and capriciously removed by the USPS, and our town was forced to use the ZIP Code of the neighboring Town of Westcliffe, the Town of Silver Cliff not only lost our identity, but has been financially disparaged losing hundreds of thousands of dollars from on-line, out-of-county and out-of-state sales, and to date, our residents are still experiencing service delivery issues due to both towns having like and similar street names.” 

    As a founding member of the bipartisan Delivering Postal Solutions Caucus, Pettersen has been committed to solving postal issues across her district. Since coming to Congress, Pettersen has urged USPS to take action to restore the Silver Cliff ZIP Code, as well as to address subpar service and delays in communities throughout Colorado. 

    ###

    To access downloadable, high-quality photos, click here. To stay up-to-date on what Pettersen is doing in Congress, follow her on Twitter here, Facebook here, or Instagram here. Residents can also sign-up for her e-newsletter subscription here.

    MIL OSI USA News –

  • MIL-OSI USA: Congressman Langworthy Announces $800,085 Grant for Fitzpatrick and Weller, Inc. to Support Forest Management and Rural Jobs

    Source: US Congressman Nick Langworthy (NY-23)

    WASHINGTON, D.C. – Today, Congressman Nick Langworthy (NY-23) announced Fitzpatrick and Weller, Inc. was awarded $800,085 by the United States Forest Service. Specifically, the funding will be used to install advanced wood energy emissions control systems at two of the company’s manufacturing facilities, helping the company meet state environmental compliance requirements, and ensure our lumber industry can continue to thrive in Upstate New York.

     

    “The hardwood and lumber industry are a backbone of our local economy, and I’m proud to have helped secure this federal grant for Fitzpatrick & Weller, Inc. to support rural job retention and advance sustainable forest management right here in Western New York,”said Congressman Nick Langworthy.“’Made in America’ means something in the Southern Tier, and I will always stand with our manufacturers to strengthen our domestic supply chain. While New York’s manufacturing sector continues to battle burdensome regulations, I’m committed to fighting for businesses like this one in Cattaraugus County to ensure American lumber production remains resilient and competitive.”

     

    “Congressman Langworthy was a huge advocate for us on this project, and we are very grateful for his commitment to protecting jobs in the hardwood industry here in the Southern Tier,” said Greg Fitzpatrick, President of Fitzpatrick & Weller, Inc. “This grant is essential to our business and will allow us to invest in the necessary equipment to stay up to standard while continuing to operate, grow, and offer a truly American product from the forests of Cattaraugus County. Made in America means investing in America, and we are grateful to have the Congressman’s support.”

     

    This investment not only helps preserve local jobs but also supports responsible use of forest resources in the Southern Tier and across Western New York.

     

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    MIL OSI USA News –

  • MIL-OSI USA: Cortez Masto Leads Bipartisan Effort to Help Small Nonprofits Offer Retirement Plans

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – U.S. Senators Catherine Cortez Masto (D-Nev.) and James Lankford (R-Okla.) and Congressman Vern Buchanan (R-Fla.-13) introduced the bipartisan, bicameral Small Nonprofit Retirement Security Act. The bill would help small nonprofit organizations offer retirement plans by extending federal tax incentives currently only available to for-profit employers.

    “The Nevadans who have spent their entire lives giving back to their communities by working in the nonprofit sector should be able to count on stability when they retire,” said Senator Cortez Masto. “This bipartisan legislation will reduce the barriers that nonprofits face in creating retirement accounts for their employees, leveling the playing field between nonprofit and for-profit organizations.”

    Under current law, tax-exempt organizations are not eligible for small business retirement plan start-up credits because they do not pay federal income taxes. This creates a barrier for many nonprofits, which employ nearly ten percent of the U.S. workforce and contribute an estimated $65 billion annually in payroll taxes. The Small Nonprofit Retirement Security Act would allow nonprofits to apply small business retirement plan start-up credits against their payroll tax liability, giving them access to the same retirement incentives already available to for-profit organizations. This legislation provides up to $5,000 per year in tax credits to help nonprofits launch retirement plans, with an additional $500 annually for those that adopt automatic enrollment.

    Senator Cortez Masto has consistently worked support Nevada’s retired population – protecting Social Security and Medicare, lowering costs, and ensuring Nevada seniors can retire with dignity. She helped pass the Inflation Reduction Act, allowing Medicare to negotiate lower drug prices and capping the cost of insulin at $35-a-month for Medicare recipients. Cortez Masto has also introduced bipartisan legislation to improve the transparency of Medicare Advantage plans.

    MIL OSI USA News –

  • MIL-OSI Africa: Central African Pipeline System Gains Traction as Committee President Returns to African Energy Week (AEW) 2025

    Source: APO

    In line with the African Energy Week (AEW): Invest in African Energies conference’s vision to make African energy poverty history by 2030, Gabriel Mbaga Obiang Lima, President of the Strategic Partnership and Fund Committee for the Central African Pipeline System (CAPS), is returning to this year’s edition as a speaker. Lima’s participation comes as the development of CAPS – an integrated network of downstream and midstream oil and gas infrastructure – is advancing with an aim to enhance energy access, reduce fuel imports and spur industrial growth in Central Africa.

    In July 2025, a significant milestone was achieved when the Central African Economic and Monetary Community, the African Petroleum Producers’ Organization (APPO) and the Central Africa Business & Energy Forum signed a Memorandum of Understanding (MoU) to kick-start a feasibility study for CAPS. The MoU sets the foundation for participation from up to 11 Central African countries in evaluating the project’s viability, regional impact and national contributions. The 6,500km pipeline network will enhance Central Africa’s energy market resilience and affordability by optimizing the exploitation, local beneficiation and distribution of Africa’s estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of gas resources.

    With APPO finalizing the launch of the multi-billion African Energy Bank with the African Export-Import Bank this year, the organization’s participation in the MoU and interest in CAPS is timely. The MoU not only strengthens regional collaboration but also strategically positions CAPS to be shortlisted for financing from the new bank. Furthermore, with 18 oil-producing APPO member states focused on accelerating the exploitation of hydrocarbon resources, the organization’s involvement in CAPS represents a powerful step toward eradicating energy poverty and enhancing regional energy security. The CAPS project will encompass oil, gas and LPG pipelines, pumping stations, storage terminals, refineries and gas-fired power plants, all contributing to regional energy access and industrial transformation.

    AEW: Invest in African Energies serves as the continent’s premier platform for connecting high-impact African projects such as CAPS with global investors. Under the theme, Invest in African Energy: Positioning Africa as the Global Energy Champion, the event provides a strategic venue for Lima to present updates on CAPS milestones, development timelines and its alignment with Africa’s broader industrialization agenda. With the pipeline set to span various countries such as Angola, Burundi, Cameroon, Chad, Republic of the Congo, Democratic Republic of the Congo, Equatorial Guinea, Gabon, Rwanda and São Tomé & Príncipe, AEW: Invest in African Energies enables Lima to engage directly with policymakers and stakeholders vital to advancing the initiative.

    “As Africa advances its ‘drill baby drill’ agenda, building robust downstream and midstream infrastructure for local energy beneficiation and distribution is critical,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber. “The CAPS project, under Lima’s leadership, is a testament to Africa’s breakthrough in closing infrastructure gaps. Projects like CAPS are essential to lifting 600 million people out of energy poverty and providing access to clean cooking for over 900 million.”

    Distributed by APO Group on behalf of African Energy Chamber.

    About African Energy Week:
    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

    Media files

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    MIL OSI Africa –

  • MIL-OSI Africa: Independent Operators Join Angola Oil & Gas (AOG) 2025 to Discuss Frontier Drilling, Onshore Prospects

    Source: APO

    Angola witnessed a surge in Merger & Acquisitions in recent months, as independent oil and gas companies strengthened their presence across the market. As the country prepares to launch its next licensing round in 2025 and continues promoting acreage available through its permanent offer scheme, this positive momentum is expected to continue. Leading independent oil and gas companies have joined the Angola Oil & Gas (AOG) conference to discuss investment strategies and upcoming projects.  

    John Hamilton, CEO of Panoro Energy, is speaking at AOG 2025 – taking place September 3-4. The company has seen significant success in regional offshore markets, reporting steady production growth in Gabon, Equatorial Guinea and Tunisia this year. In 2025, Panoro Energy also made an offshore oil discovery at the Dussafu block in Gabon. The well contains up to 25 million barrels of recoverable resources and is set to support future production growth at the site. While the company does not have a presence in Angola as of yet, the country offers a wealth of block and partnership opportunities for Panoro Energy, particularly in offshore acreage where the company has extensive expertise.  

    Onshore, companies such as ReconAfrica are making a play for frontier discoveries. The company signed an agreement with Angola’s upstream regulator – the National Oil, Gas & Biofuels Agency – in April 2025 to explore 5.2 million acres in the Etosha-Okavango basin. Signaling ReconAfrica’s entrance into Angola, the deal lays the foundation for a series of exploration activities over the next 24 months. ReconAfrica is also exploring in Namibia, where it has a license covering 6.3 million acres. During AOG 2025, Brian Reinsborough, CEO of ReconAfrica, is expected to shed light into the company’s ongoing exploration activities.  

    Robert Bose, CEO of, Sintana Energy, and Scott Gilbert, CEO of Corcel, are also expected to share insight into onshore exploration in Angola. With a majority interest in Block KON 16 – situated in the onshore Kwanza basin in Angola – Corcel has been working to advance exploration at the block. The company signed two agreements to this affect in 2025, increasing its share in KON 16 to 71.5%. The first agreement was signed with Intank Global DMCC for a 30% stake in the block. The second deal was signed with Sintana Energy in May 2025 for a 5% indirect interest. The transaction seeks to boost exploration activities at the block by mobilizing additional capital for exploration activities planned in 2026. The companies also signed an agreement to evaluate and pursue other exploration and production opportunities in Angola. The partners committed to collaborating on the identification and review of new opportunities.  

    Meanwhile, George Toriola, Chief Strategy Officer at FIRST E&P, is also speaking at AOG 2025. While the company is not yet active in Angola, FIRST E&P has proven industry experience through its strong portfolio of producing assets in Nigeria. The company is exploring regional growth opportunities, seeking to leverage its experience in Nigeria’s onshore and shallow water blocks to unlock additional production opportunities across sub-Saharan Africa. For Angola, which offers a wealth of onshore and shallow water opportunities, this experience stands to support the country’s production goals while creating new opportunities for regional collaboration and trade.  

    Distributed by APO Group on behalf of Energy Capital & Power.

    Media files

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    MIL OSI Africa –

  • MIL-OSI Africa: New Higher Education Minister and Deputy sworn in

    Source: Government of South Africa

    Tuesday, July 22, 2025

    Deputy Minister of Higher Education and Training, Buti Manamela, has been sworn in as Minister of that portfolio in Cape Town this afternoon.

    During the same ceremony, former KwaZulu-Natal (KZN) Premier, Dr Nomusa Dube-Ncube, was sworn in as his deputy.

    The swearing-in ceremony was held at Tuynhuys in the presence of President Cyril Ramaphosa and Deputy President Paul Mashatile.

    Manamela and Dube-Ncube were appointed following the removal of Dr Nobuhle Nkabane from the role of Minister and Higher Education and Training on Monday evening.

    Dube-Ncube was appointed in terms of Section 93 (b) of the Constitution, which allows the President to appoint no more than two Deputy Ministers from outside the National Assembly. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Welcome boost for four Plymouth bus routes

    Source: City of Plymouth

    Plymouth residents and visitors will soon benefit from extended routes and timings on four bus services, thanks to grant funding from the Department for Transport.

    From Monday 28 July the service 25, which runs between the city centre, Barbican and West Hoe, will run until 10pm instead of 6pm from Monday to Saturday. This will be a welcome improvement for people travelling to and from the waterfront later into the evening on these days (Sunday and bank holiday timetables will remain as they are).

    From Sunday 31August the service 1A will run to Derriford Hospital on Sundays and bank holidays, providing a valuable direct link between Sherford, Plymstock and the hospital seven days a week. (It currently only runs between Sherford and the city centre on Sundays and bank holidays.)

    The same will apply for the service 27, providing week-round access to the city centre and the hospital for residents in Lower Compton, Efford, Eggbuckland and Mainstone.

    We will also continue to support evening journeys on the service 2 between the city centre and Mount Batten to maintain this important link for residents.

    The contracts are being funded by the Department for Transport’s Bus Grant for 2025/26 and will run until March 2027.

    Councillor John Stephens, Cabinet Member for Strategic Planning and Transport, said: “Helping people get to and from key parts of the city is a priority for us and we want to do all we can to ensure these links are there during the evenings, as well as on Sundays and bank holidays. These improvements will hopefully make a big difference to local bus passengers, as well as visitors.”

    Unfortunately, due to very low passenger numbers, some journeys on the Council-subsidised service 4 between Plympton and the city centre (via Sherford and Plymstock) will be withdrawn from 31 August:

    Outbound from Royal Parade to Plympton Ridgeway

    6am departure (Monday to Friday)
    8.10pm and 9.10pm departures (Monday to Saturday)

    Inbound from Plympton Ridgeway to Royal Parade

    9.05pm and 10.05pm departures (Monday to Friday)
    9.01pm and 10.01pm departures (Saturday)

    For information about the extended hours of operation on service 25, see the Plymouth Citybus website.

    Information about services 1A, 2, 4 and 27 can be found on the Stagecoach South West website.

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  • MIL-OSI United Kingdom: Review Body on Doctors’ and Dentists’ Remuneration remit letter: 2026 to 2027

    Source: United Kingdom – Executive Government & Departments 2

    Correspondence

    Review Body on Doctors’ and Dentists’ Remuneration remit letter: 2026 to 2027

    Letter about the pay round for the financial year 2026 to 2027 from the Secretary of State for Health and Social Care to the Review Body on Doctors’ and Dentists’ Remuneration (DDRB).

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    Review Body on Doctors’ and Dentists’ Remuneration remit letter: 2026 to 2027

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    This letter to the Chair of the Review Body on Doctors’ and Dentists’ Remuneration (DDRB) sets out the remit from the Department of Health and Social Care to DDRB. It concerns the pay round for the financial year 2026 to 2027.

    Updates to this page

    Published 22 July 2025

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  • MIL-OSI United Kingdom: Senior Salaries Review Body remit letter: 2026 to 2027

    Source: United Kingdom – Executive Government & Departments 2

    Correspondence

    Senior Salaries Review Body remit letter: 2026 to 2027

    Letter about the pay round for the financial year 2026 to 2027 from the Secretary of State for Health and Social Care to the Senior Salaries Review Body.

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    Senior Salaries Review Body remit letter: 2026 to 2027

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    This letter to the Senior Salaries Review Body (SSRB) sets out the remit from the Department of Health and Social Care (DHSC) to the SSRB.

    It concerns the pay round for the financial year 2025 to 2026.

    Updates to this page

    Published 22 July 2025

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  • MIL-OSI United Kingdom: NHS Pay Review Body remit letter: 2026 to 2027

    Source: United Kingdom – Executive Government & Departments 2

    Correspondence

    NHS Pay Review Body remit letter: 2026 to 2027

    Letter about the pay round for the financial year 2026 to 2027 from the Secretary of State for Health and Social Care to the NHS Pay Review Body (NHSPRB).

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    NHS Pay Review Body remit letter: 2026 to 2027

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    This letter to the Interim Chair of the NHS Pay Review Body (NHSPRB) sets out the remit from the Department of Health and Social Care to the NHSPRB.

    It concerns the pay round for the financial year 2026 to 2027.

    Updates to this page

    Published 22 July 2025

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  • MIL-OSI United Kingdom: Armed Forces’ pay round 2026 – remit letter

    Source: United Kingdom – Executive Government & Departments 3

    Correspondence

    Armed Forces’ pay round 2026 – remit letter

    Formal request to the Chair of the Armed Forces’ Pay Review Body to commence the 2026 pay round.

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    Armed Forces pay round 2026 – remit letter

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    Armed Forces pay round 2026 – remit letter

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    Formal request from the Secretary of State for Defence to the Chair of the Armed Forces’ Pay Review Body to commence the 2026 pay round.

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    Published 22 July 2025

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  • MIL-OSI United Kingdom: Lord Chancellor letter to the Chair of the SSRB: July 2025

    Source: United Kingdom – Executive Government & Departments 3

    Correspondence

    Lord Chancellor letter to the Chair of the SSRB: July 2025

    The Lord Chancellor writes to the Chair of the Senior Salaries Review Body (SSRB) about the annual judicial pay review 2026 to 2027.

    Applies to England and Wales

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    Lord Chancellor letter to the Chair of the SSRB: July 2025

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    This letter to the Chair of the SSRB sets out the remit issued by the Lord Chancellor for the 2026 to 2027 annual pay review.

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    Published 22 July 2025

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