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Blog

  • MIL-OSI United Kingdom: FMQs: Scottish Government urged to keep crucial renter protections in place

    Source: Scottish Greens

    06 Feb 2025 Housing

    Renters need to be protected from price hikes.

    More in Housing

    The Scottish Government has been urged to support tenants by maintaining protections that are set to expire next month.

    In 2022 the then Green Minister, Patrick Harvie, introduced a temporary cap on most in-tenancy rent increases. Since the end of the cap in March 2024, there has been a temporary rent adjudication system in place, also introduced by Mr Harvie. This potentially allows rent increases to be limited to no higher than 12% if a tenant applies to a rent officer for a decision.

    At the time, the Scottish Government said that the rent adjudication system was to support the transition away from the rent cap and to the forthcoming system of Rent Control Areas, and protect tenants from excessively large rent increases which could be experienced if there is a sudden move to open market rent levels that have been suppressed.

    The Scottish Government has indicated to the Scottish Association of Landlords that the temporary restrictions will not be renewed at the end of next month.

    In her first question to the First Minister, Ms Slater said:

    “Rents across Scotland are skyrocketing. Tenants are paying the price, while private landlords are lining their pockets.

    “And whilst the upcoming Housing Bill finally promises permanent rent controls to fix the system, these won’t come into force until 2027.

    “Right now, tenants are protected by temporary controls introduced whilst the Greens were in Government.

    “But these protections are set to expire in just two months, exposing tenants to extortionate rent increases. And despite having the powers to extend these protections, the Scottish Government has pledged not to.

    “First Minister – will you do the right thing to protect tenants and ensure these temporary protections are extended until permanent rent controls are in place?”

    In his response the First Minister did not commit to maintaining the existing protection.

    In her second question, Ms Slater said:

    “First Minister, the cost-of-living crisis for tenants has not gone away. Over the last 10 years, monthly rent for a two-bed flat in Edinburgh has more than doubled.

    “Some tenants are already reporting spending more than 70% of their income on rent. We agree on the need for permanent rent controls in the Housing Bill.

    “But this Government’s decision to scrap vital bridging rent controls will give landlords free rein to hike rents for two years. It is absolutely no surprise that the Association of Landlords has called it, to quote, “a very welcome announcement.”

    “But what does the First Minister have to say to renters who will be facing this cliff-edge in just a few weeks’ time?”

    MIL OSI United Kingdom –

    February 7, 2025
  • MIL-OSI United Kingdom: New nuclear energy would be a toxic and costly backward step

    Source: Scottish Greens

    06 Feb 2025 Energy

    Nuclear has no place in Scotland.

    More in Energy

    Nuclear energy is a costly and toxic distraction from the clean, green renewables investment that we badly need to make, says the Scottish Greens’ climate spokesperson, Mark Ruskell MSP.

    Mr Ruskell’s comments come as the Labour Party has doubled down on its support for the nuclear industry.

    Mr Ruskell said:

    “Nuclear energy is no solution to the climate crisis, and it is staggering that the Labour Party is so determined to double down on it.

    “New Nuclear energy would be a massive backwards step. It is a toxic and costly distraction from the clean, green renewable investment that we badly need to make.

    “It is unsafe, unreliable and will not do anything to lower the obscene bills that households across our country are being hit with. The last thing we should be doing is throwing billions of pounds at it.

    “Scotland has amazing potential in clean renewable energy, but it requires the political will to meet it. It is that green investment that can help us to tackle the climate emergency, drive down energy prices and cut our reliance on fossil fuels.”

    MIL OSI United Kingdom –

    February 7, 2025
  • MIL-OSI China: Turning ice and snow into gold

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

    HARBIN, Feb. 6 — In Harbin, the capital city of China’s northernmost Heilongjiang Province, there is a mesmerizing winter wonderland.

    Here, towering ice structures mimicking landmarks from across Asia, cheers from super-long ice slides, and the breathtaking view from a giant Ferris wheel attracted over 610,000 visitors during this year’s eight-day Spring Festival holiday, which ended Tuesday.

    Near the entrance of the Harbin Ice-Snow World, an iconic winter attraction, a row of giant red characters stands out: “Snow and ice are also valuable assets.”

    This statement, first made by Chinese President Xi Jinping about nine years ago, has reshaped the country’s ice-and-snow sector and spurred the stellar growth of related industries.

    In March 2016, when taking part in a group discussion with Heilongjiang lawmakers at the annual national legislative session, Xi stressed the importance of leveraging the province’s winter resources. “Clear waters and green mountains are valuable assets, and so are Heilongjiang’s ice and snow,” he said.

    Bordering frigid Siberia, Heilongjiang is known for its freezing temperatures and ample snowfall in winter. With winter temperatures sometimes dropping below minus 30 degrees Celsius, the provincial capital Harbin is dubbed China’s “ice city.”

    Guided by Xi’s vision, the province has made sustained efforts to turn itself into a world-class winter tourist destination. Last year, Harbin alone welcomed 179 million visitors, with tourism revenue reaching 231.42 billion yuan (about 32 billion U.S. dollars), both rising over 30 percent year on year.

    The 9th Asian Winter Games, set to open here on Friday, presents the latest opportunity to cement Harbin’s “ice city” reputation. Notably, winter sports and tourism are also gaining momentum across China.

    Driven by policy support and increased demand, the number of ice-and-snow tourists in China is expected to reach 520 million in the 2024-2025 winter season, with revenue likely to exceed 630 billion yuan, according to the latest report by the China Tourism Academy.

    300 MILLION PEOPLE IN WINTER SPORTS

    Xi has identified China’s ice-and-snow sector as both a key economic driver and a vital means of promoting public fitness. A passionate sports enthusiast, he closely follows the development of winter sports.

    The primary goal of hosting the Beijing 2022 Winter Olympics was to “engage 300 million people in ice-and-snow sports” and promote the leapfrog development of winter sports in the country, Xi told International Olympic Committee President Thomas Bach in 2014.

    Before Beijing 2022, he conducted five on-site inspections across different competition zones in Beijing and the adjacent Hebei Province, meeting with athletes, construction workers and venue operators.

    “The ultimate goal of building a sporting powerhouse and a healthy China is to strengthen the people’s fitness, which is also an essential part of China’s endeavors to build a modern socialist country in all respects,” Xi said.

    The goal of “300 million people in winter sports” is now a reality, thanks to the promotion and popularization of ice-and-snow sports.

    “This year, our facility has seen a greater number of people hitting the ice, with a year-on-year growth of about 15 percent,” said Meng Qingyou, who teaches skating at a winter sports center in Harbin.

    Across the province, well-equipped facilities and professional coaching at ski resorts have drawn in new entrants from across the country.

    In the city of Shuangyashan, a popular ski resort offers 14 trails of varying difficulty levels, catering to both novices and seasoned ski enthusiasts.

    “This is my first time skiing,” said Zhao Dezhou, a tourist from east China’s Jiangsu Province. “At first, I was really nervous, but with the coach’s patient guidance, I can now glide freely across the snow and fully enjoy the thrill of this winter sport!”

    Even in snow-scarce regions of the country, more people are embracing indoor ice-and-snow sports. According to a recent industry report, six of the world’s top 10 indoor ski resorts are in China, located in cities such as Shanghai, Guangzhou and Chengdu.

    ICE-AND-SNOW ECONOMY

    Beiji Village is nestled at the northernmost tip of China in the city of Mohe, Heilongjiang. As one of the coldest villages in China, Beiji endures an average temperature of below zero for over seven months a year.

    This agricultural and fishing village was named a national top-level scenic spot in 2015, attracting an increasing number of visitors to experience its unique scenery and extreme cold.

    “The tourism resources here are truly exceptional,” said Xi at the village during an inspection tour in September 2023. He stepped into villager Shi Ruijuan’s homestay and talked with the locals.

    Noting the importance of the tourism sector in achieving high-quality development, Xi urged policy support to ensure that the distinctive snow-and-ice resources generate more income for local people.

    In the past, the harsh cold and remote location drove many locals to leave Beiji. Nowadays, however, the very same factors are drawing tourists from far and wide. With ice-and-snow tourism gaining popularity in recent years, ice skating, skiing and fun activities like splashing water to create ice crystals have become big draws of the village.

    “Tourists used to come mainly in summer, but now we get plenty of visitors in winter too,” said Shi, adding that she had never expected the bitter cold to become a major tourism attraction.

    Shi has run the homestay business for more than a decade. “Previously, it was hard to make even 10,000 yuan a year. Now, we have visitors all year round, and during peak season I can earn over 10,000 yuan in just a week,” she said.

    With its booming ice-and-snow tourism, northeast China as a whole has gained fresh appeal. Once known as the country’s rustbelt, the region has long struggled with a painful economic transition and talent outflows.

    “Revitalizing northeast China” has been a recurring theme evident in Xi’s multiple inspection tours. In 2023, he stressed efforts to focus on developing the ice-and-snow economy as a new growth driver by promoting a full industrial chain of ice-and-snow sports, culture, equipment and tourism.

    Under Xi’s guidance, the ice-and-snow boom has spread from northeast China to the entire country, fostering a new national growth engine.

    Located in northwest China’s Xinjiang, Altay Prefecture is developing its reputation as a top skiing destination. In the 2023-2024 snow season, Altay welcomed about 4.89 million tourist visits, with tourism revenue totaling 5.1 billion yuan. It drove about half of the growth in terms of both tourist visits and revenue in Xinjiang last season.

    Southwestern provinces, such as Yunnan and Sichuan, are also leveraging their unique plateau ice-and-snow resources, as well as their proximity to Southeast Asia, to attract tourists.

    Peng Fuwei, a senior official of the National Development and Reform Commission, noted that the sector has formed a “dual-engine” structure, with winter manufacturing and services leading the way.

    “China now produces a comprehensive range of winter sports equipment, from personal gear to high-end snowmaking machines and snow groomers. In 2023, winter equipment sales reached about 22 billion yuan,” he said.

    The country aims to boost its ice-and-snow economy as a new source of growth, targeting an economic scale of 1.2 trillion yuan by 2027 and 1.5 trillion yuan by 2030, according to guidelines released by the State Council last year.

    MIL OSI China News –

    February 7, 2025
  • MIL-OSI China: Foreign visitors experience China’s improved mobile payment environment over Spring Festival

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

    Foreign visitors experience China’s improved mobile payment environment over Spring Festival

    BEIJING, Feb. 6 — Foreign visitors in China experienced a smoother, more convenient travel environment during this year’s Spring Festival, thanks to improvements to the country’s mobile payment systems.

    The latest data from the People’s Bank of China shows that the volume of transactions made by international tourists during the Chinese New Year holiday, which ran from Jan. 28 to Feb. 4 this year, surged significantly from last year. The total number of cross-border transactions processed by China UnionPay and NetsUnion Clearing Corporation increased 124.54 percent, and the total transaction value grew 90.49 percent.

    This jump in payment activity reflects not only the growing appeal of China as a travel destination but also the seamless integration of mobile payment systems for foreign visitors.

    In cities like Shanghai, foreign tourists can now use international credit cards or mobile payment apps such as Alipay for shopping, dining and sightseeing, which allowed tourists to enjoy the cultural experiences on offer fully during the Chinese New Year.

    German tourist Carla Uhrmacher, who visited the famous Yuyuan Garden in the eastern Chinese metropolis of Shanghai, was impressed by the ease with which she could use her mobile payment app to buy traditional Chinese crafts and souvenirs. “Whether using Visa or Mastercard, or mobile payment systems, it’s all very seamless,” she noted, highlighting how accessible these payment methods are for international visitors.

    This Spring Festival saw an increase in payment transactions and a significant rise in the number of foreign visitors to China. Inbound arrivals during this year’s Spring Festival hit a record high, with a 150 percent year-on-year leap reported, Lin Jian, a spokesperson for China’s foreign ministry, told a press conference on Wednesday, citing data from third-party platforms.

    While popular destinations such as Beijing, Shanghai and Guangzhou continued to attract large numbers of foreign travelers during the holiday, cities like Suzhou, Xi’an, Chengdu and Xiamen emerged as new favorites for international tourists using mobile payment services, Alipay data shows.

    This surge in international visitors can be largely attributed to China’s ongoing efforts to enhance its payment services for foreigners. The country has made it easier for international travelers to use their foreign credit cards by allowing them to link these cards directly to popular Chinese mobile payment platforms like Alipay and WeChat Pay.

    An increasing number of international e-wallets are now also supported for use in China. Alipay, for example, now allows users to link 13 different overseas e-wallets from countries like the Philippines, Thailand and Singapore.

    Though cashless payment services have improved significantly, foreign tourists can also take advantage of a network of nearly 70,000 bank branches, 320,000 ATMs, and currency exchange facilities across the country.

    This year’s Spring Festival also saw a notable increase in foreigner spending, particularly in cities like Beijing, where tourists from various countries flocked to shopping areas such as Qianmen Street to purchase souvenirs, local teas and trendy clothing.

    This spending boom is backed by figures, with the number of transactions made by foreign visitors on WeChat increasing 134 percent compared to last year’s Spring Festival, and with the total spent via Alipay rising 150 percent during the first five days of the holiday. These figures reflect not only the convenience of mobile payments but also the growing enthusiasm of foreign tourists to purchase Chinese goods and immerse themselves in local culture.

    An increasingly open China is becoming an even more attractive destination for international tourists as Chinese New Year is celebrated globally, and as payment services continue to improve, analysts in China have noted. And these improved payment experiences will make China travel even smoother and more enjoyable for international visitors.

    MIL OSI China News –

    February 7, 2025
  • MIL-OSI USA: Meet the team at the Rhinelander, Wisconsin field office

    Source: US Geological Survey

    Breadcrumb

    1. News

    Meet the team at the Rhinelander, Wisconsin field office

    Meet the team at the Rhinelander, Wisconsin field office!

    The USGS Upper Midwest Water Science Center (UMid) Rhinelander Field office is our Northern most field office within UMid’s Central Data section servicing Northern Wisconsin. Our office is co-located with the US Forest Service office, in Rhinelander, WI.

    Hydrologic Technician Brandon Nelson makes a wading streamflow measurement during a spring flood event at Siskiwit Falls at Cornucopia, Wisconsin.

    Our team consists of five employees, who cooperatively work to conduct field work and scientific investigations in the Northern WI.

    The Rhinelander staff are Hydrologic Technicians Ryan Jirik, Jarvis Kaderlik, Brandon Nelson, and Biologists Eric Dantoin and Patrik Perner.

    The Rhinelander office operates 42 real-time gages which span Northern Wisconsin. The Technician’s focus is primarily related to the collection and processing streamflow data. We also monitor several sites for continuous water quality, groundwater stage, and we routinely perform discrete water quality sampling. Biologists, manage, analyze, and advise scientific investigations throughout Umid, with a focus on Northern Wisconsin and Tribal Partners.

    Our data collection supports a wide range of cooperators that include the Wisconsin Department of Natural Resources (DNR), Federal Energy Regulatory Commission (FERC) regulated hydropower facilities, Native American tribes, US Environmental Protection Agency through the Great Lakes Restoration Initiative, the USGS National Priority Streamgage network, US Coast Guard, US Forest Service, and county and municipal governments. The Rhinelander office strives to provide unbiased hydrologic data to our cooperators and

     the public.

    Most of our field work occurs in rural and some remote areas, allowing Technicians to enjoy Northern Wisconsin and all its beauty. Biologists are involved in many different disciplines, allowing them to get to know many employees from across Umid and other partners to help serve the mission of unbiased scientific data collection.

    Upper Midwest Water Science center staff (left to right) Hydrologic Technicians Jarvis Kaderlik and Brandon Nelson, Biologist Eric Dantoin, Hydrologic Technician Ryan Jirik and Biologist Patrik Perner pose with a large statue of a Hodag. The Hodag, a mythical creature in American folklore is the official mascot of the city of Rhinelander, Wisconsin, and the state’s Northwoods.

    MIL OSI USA News –

    February 7, 2025
  • MIL-OSI Security: Caledonia Man Pleads Guilty To Three Counts Of Sexually Exploiting A Minor

    Source: Office of United States Attorneys

              GRAND RAPIDS – Acting U.S. Attorney for the Western District of Michigan Andrew Birge today announced that Scott Michael Elam, 41, of Caledonia, pleaded guilty to three counts of sexual exploitation of a minor. Elam faces a mandatory minimum of 15 years in prison and a maximum of 90 years in prison. He is scheduled to be sentenced on May 29.

              Elam was arrested and indicted in November 2024 on seven counts of sexually exploiting four different minors. According to court documents, Elam recorded himself having sex with one of the minors on two different occasions and directed the other victims to take explicit photos and videos of themselves and then send them to him. He supplied alcohol, marijuana, vapes, and other contraband to the minors. Elam charged money for each and offered to reduce the price for minors who created and provided sexually explicit videos of themselves or had sex with him.

              “Today’s plea by Scott Elam highlights the FBI’s unwavering commitment to holding sexual predators accountable and safeguarding our most vulnerable citizens,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI in Michigan. “Mr. Elam’s abhorrent criminal acts against minors are utterly indefensible, and such behavior is not acceptable. I am deeply grateful for the relentless dedication and tireless efforts of the men and women of the FBI in Michigan, including the West Michigan-based Child Exploitation Task Force (WEBCHEX), our partners at the Kent County Sheriff’s Office, and the U.S. Attorney’s Office for the successful prosecution in the Western District of Michigan. The FBI in Michigan remains committed to working alongside our law enforcement partners to investigate, disrupt, and bring to justice any individuals who prey on our children.”

              “The Kent County Sheriff’s Office is committed to pursuing justice for victims of child exploitation and ensuring that offenders are held accountable. This case highlights the critical importance of parents and guardians having open conversations with their children about the dangers of social media. Our dedicated staff and partnerships with federal agencies allow us to continue protecting our community from those who seek to harm children,” the department said in a statement.

              The Kent County Sheriff’s Office and FBI are investigating this case, and Assistant United States Attorney Olivia Ghiselli is prosecuting it.

              This case is part of Project Safe Childhood, a nationwide initiative designed to protect children from online exploitation and abuse. The U.S. Attorney’s Office, county prosecutor’s offices, the Internet Crimes Against Children task force (ICAC), federal, state, tribal, and local law enforcement are working closely together to locate, apprehend, and prosecute individuals who exploit children. The partners in Project Safe Childhood work to educate local communities about the dangers of online child exploitation, and to teach children how to protect themselves. For more information about Project Safe Childhood, visit www.projectsafechildhood.gov. Individuals with information or concerns about possible child exploitation should contact local law enforcement officials.

    # # #

    MIL Security OSI –

    February 7, 2025
  • MIL-OSI Europe: Artificial Intelligence Action Summit: Sciences Po Joins Forces

    Source: Universities – Science Po in English

    In the context of the dynamic created by the Presidency of the French Republic, with the Artificial Intelligence (AI) Action Summit taking place on 10 and 11 February 2025 in Paris, Sciences Po Open Institute for Digital Transformations, created as part of the ExcellencES Transforming Interdisciplinary Education and Research for Evolving Democracies (TIERED) project, has been rallying researchers and students working in this field.

    This is a compendium of the activities organised by the various entities at Sciences Po to complement the Summit, as the institution has historically been at the forefront of the critical questions that the humanities and social sciences can raise in times of great change.

    Indeed, while politics, as the art of envisioning and implementing collective life, is making a dramatic comeback on the public stage, the revolution in digital technologies invites us to embrace a crucial question: “Can AI benefit democratic societies?”

    What better opportunity than the AI Action Summit to address this question to the political leaders gathered in Paris for the occasion! Before, during, and after the Summit, Sciences Po researchers, teachers, students, alumni, and start-ups, each with their own skills and expertise, will contribute to shed light on the major issues at stake in a question that our democratic societies have a duty to address.

    Sciences Po’s road to the AI Action Summit is outlined below, with many events open to all, most of them at Sciences Po, some of them off-site. Almost a dozen events have been officially labelled “Road to the Summit”.

    Upcoming Events

    7 February 2025: “Y a-t-il une IA pour sauver la planète ?” from the Tribunal pour les générations futures, Road to the Summit

    Sciences Po, through its Open Institute for Digital Transformations, partnered up with 8 leading public institutions in this trial simulation organised by the French media Usbek et Rica. Some fifty Sciences Po students are taking part in this event, including two on the jury, in the Amphithéâtre Richelieu, Sorbonne (Paris 5e).

    7 February 2025: “IA: the citizen way”

    The Tech & Global Affairs Innovation Hub of Sciences Po Paris School of International Affairs and the Conseil national du numérique are presenting the results of the public consultations carried out in autumn as part of the Summit, at the Economic, Social, and Environmental Council.

    7 February 2025: “Democratizing AI: Open-Source Systems, Global Equity, and the Power of Inclusive Partnerships”

    A discussion between Arancha González, Dean of the Paris School of International Affairs (PSIA) at Sciences Po, Vilas Dhar, President of the Patrick J. McGovern Foundation, and Maria Ressa, Nobel Laureate and journalist, on the potential of open-source AI in fostering equity, addressing disinformation, and democratising access for the global majority

    8 February 2025: “Participatory AI Governance – Research & Practice Symposium”

    A day-long open symposium organised by the Tech & Global Affairs Innovation Hub of the Paris School of International Affairs at Sciences Po with Connected by Data, bringing together academics and experts from civil society organisations dedicated to explore collaboratively the state of the art in participatory development and governance of AI.

    8 and 9 February 2025: Interdisciplinary conference of the AI Action Summit “AI, Science and Society”, Road to the Summit

    Jean-Philippe Cointet, researcher at Sciences Po médialab and Director of the Open Institute for Digital Transformations, along with two post-doctoral students from the médialab, Manon Berriche and Salim Hafid, discuss a poster entitled “Defining, Identifying, Measuring, Mitigating, Democratic Biases in Large Language Models”, at the École Polytechnique, Palaiseau.

    11 February 2025: “AI for Economic Inclusion”, Road to the Summit

    The Centre for Research on Social Inequalities is co-organising the launch of an International Panel on the Information Environment, under the direction of Jen Shradie, in Sciences Po Salons Scientifiques.

    11  February 2025: “Artificial intelligence & Information manipulation: Navigating the risks and opportunities”, Road to the Summit

    With the OECD & Viginum, a monitoring and protection service against foreign digital interference, with the participation of Donato Ricci, researcher and research designer at Sciences Po médialab, at Services du Gouvernement, 20 Avenue de Ségur, 75007 Paris.

    11 February 2025: “Building Trust in AI: A Multifaceted Approach”, Road to the Summit

    In cooperation with the Schwartz Reisman Institute at the University of Toronto, with the participation of Donato Ricci, researcher and research designer at the médialab of Sciences Po, at the École normale supérieure de la rue d’Ulm.

    11 February 2025: “Advancing AI governance: Exploring adaptive frameworks and the role of sandboxes”, Road to the Summit

    Organised by The Datasphere initiative, with the participation of Beatriz Botero Arcila, researcher at Sciences Po Law School, at the International Chamber of Commerce, Paris.

    11 February 2025: “Construire des ponts : façonner la gouvernance mondiale de l’IA grâce à la collaboration multipartite”, Road to the Summit

    Round table discussion led by Louis Denart, alumnus of the School of Public Affairs and currently International Digital Policy Fellow at the German Federal Ministry for Digital Affairs and Transport, at Sciences Po.

    11 February 2025: “Aligning Urban AI and Global AI Governance”

    Conference organised by Urban AI and Govlab, with Beatriz Botero Arcila, researcher at Sciences Po Law School, venue to be announced.

    12 February 2025: “Understanding the roles and responsibilities across the AI value chain”, Road to the Summit

    Workshop organised by Datasphere Initiative and Open Loop (Meta), with the participation of Beatriz Botero Arcila, researcher at Sciences Po Law School, at the Hôtel Marignan Champs-Élysées.

    21 February 2025 : “L’IA peut-elle être au service de la démocratie ?”

    A conference for the general public organised directly by the Open Institute for Digital Transformations with all the educational fields involved, to take a critical look at the issues at stake at the AI Action Summit, at Sciences Po.

    Early March 2025: a “Special IA Action Summit” issue of the new Collection de Sciences Po to showcase student work

    It will be co-designed by the Open Institute for Digital Transformations with all the educational fields involved and widely distributed at the beginning of March 2025, including to the Summit organisers and participants. In particular, it will include the discussions held during the student conference.

    March 2025: Wrap-Up Event

    Co-organised by the Open Institute for Digital Transformations and the Tech & Global Affairs Innovation Hub at Sciences Po Paris School of International Affairs.

    Past Events

    5 February 2025: “Paris AI Action Summit: What’s Next for AI Governance?”, Road to the Summit

    Conference co-organised by the Global Partnership on Artifical Intelligence Policy Lab (an initiative launched by former students of Sciences Po, École normale supérieure, and École polytechnique), the Cybersecurity Association of Sciences Po, and the Centre for AI Security, at Sciences Po.

    28 January 2025: “AI & International Governance”

    Organised by the Sciences Po American Foundation and the Tech & Global Affairs Innovation Hub of Sciences Po Paris School of International Affairs, online.

    15 January 2025: “New Solidarity for an AI-disrupted Economy workshop”, Road to the Summit

    Co-organised by the Global Solutions Initiative, RadicalXChange, and the Tech & Global Affairs Innovation Hub of the Sciences Po Paris School of International Affairs (PSIA), at the Stiftung Mercator, Berlin.

    11 December 2024:  The 6th edition of the prestigious Athens Roundtable on AI and the Rule of Law, Road to the Summit

    The Tech & Global Affairs Innovation Hub at Sciences Po Paris School of International Affairs joined this event organised by The Future Society. This 6th edition was an official side-event on the way to the AI Action Summit, at the OECD.

    5 December 2024: Launch of the 2nd issue of Sciences Po magazine, Understanding Our Times

    This issue entirely focused on digital transformations was launched by Sciences Po and coordinated by the Open Institute for Digital Transformations on the theme “Is Digital Technology Democratic?”

    13 November 2024: “Electoral and political processes at risk of digital interference?”

    Conference organised by the School of Public Affairs, at Sciences Po.

    12 November 2024: “Paris Peace Forum official side event on the Road to AI Summit”, Road to the Summit

    A day of conferences organised by the Tech and Global Affairs Innovation Hub of the Paris School of International Affairs, at Sciences Po. Starting in November 2024, the Paris Peace Forum, of which Sciences Po is a founding member, established itself as a major contributor to the IA Action Summit by focusing its debates on international initiatives in favour of the well-being of citizens and the ethical use of artificial intelligence for a more inclusive society.

    MIL OSI Europe News –

    February 7, 2025
  • MIL-OSI Europe: Harmonising the sanctioning of reception conditions when asylum seekers fail to meet their obligations

    Source: European Asylum Support Office

    A recent EUAA report looks at how EU-level and national courts in Member States have shaped the implementation of provisions relating to reducing or withdrawing material reception conditions, such as housing, food, and clothing or financial assistance, when asylum applicants do not comply with their obligations or engage in violent behaviour.

    The European Union Agency for Asylum (EUAA) recently published a comparative analysis of EU and national court decisions, issued over the last 5 years, relating to the sanctioning of asylum applicants when they do not adhere to their obligations. The report comes as national authorities have reported an increase in applicants engaging in disruptive behaviour over the past years, as reported in the EUAA Asylum Report 2024.

    The analysis is limited to jurisprudence regarding sanctions, reductions or withdrawals of material reception conditions provided to asylum applicants and does not relate to criminal proceedings for acts which may qualify as criminal offences in the Member State concerned.

    Given the broad wording in the recast Reception Conditions Directive (RCD), it has long been at the discretion of Member States as to how to interpret the provisions and implement sanctions. However, a 2019 judgment by the Court of Justice of the EU (CJEU) triggered national courts to align practices, resulting in some decisions being overturned by the courts. Most judgments referenced in the analysis, and which can also be found in the EUAA Case Law Database, involve reducing or withdrawing material reception conditions due to serious breaches of accommodation centre rules or seriously violent behaviour.

    The resulting jurisprudence has clarified the conditions for sanctions in four main areas, including:

    • Proportionality between the severity of the violation and the measure being imposed;
    • Imposing sanctions gradually and identifying alternatives;
    • Assessing the cumulative impact of violations by asylum applicants;
    • Responsibilities to provide information and ensure that applicants are adequately informed of the consequences of their actions.

    The findings of the report are particularly important given upcoming changes to these provisions under the revised Reception Conditions Directive, which was adopted as part of the Pact on Migration and Asylum. The updated legislation must be transposed into national law by 12 June 2026. The 2024 Directive broadens the scope of when sanctions can be applied, while it also better defines safeguards to uphold a dignified standard of living.

    Background

    Under Article 20 of the 2013 recast Reception Conditions Directive (recast RCD), Member States may reduce or, in exceptional and duly justified cases, withdraw material reception conditions for applicants for international protection. In this context, national authorities may impose sanctions applicable to serious breaches of the rules of the accommodation centres as well as to seriously violent behaviour.

    Any sanctions must be objective, impartial, motivated and proportionate to the particular situation of the applicant and must, under all circumstances, ensure a dignified standard of living; as established in the landmark CJEU judgment Zubair Haqbin v Belgium (C-233/18, 12 November 2019).

    MIL OSI Europe News –

    February 7, 2025
  • MIL-OSI Banking: [Photo] An Inside Look at ISE 2025: Samsung Presents Color E-Paper and the Future of Commercial Displays

    Source: Samsung

    Integrated Systems Europe (ISE) 2025 kicked off on February 4 in Barcelona, highlighting the latest advancements in commercial display technology.
     
    Samsung Electronics welcomed guests with a striking 462” The Wall media facade at the entrance to its booth — while inside, the company showcased its energy-efficient Color E-Paper display alongside AI-powered upgrades to the SmartThings Pro platform. The supersized 115” 4K Smart Signage display captivated visitors with its immersive visuals as well.
     
    Samsung Newsroom explored the booth firsthand and captured these innovations leading the future of commercial displays.
     
    ▲ Visitors marvel at The Wall’s stunning visuals powered by MICRO LED technology.
     
    ▲ (From left) Hoon Chung, Executive Vice President; SW Yong, President and Head of Visual Display (VD) Business; and Seong Cho, Executive Vice President of Europe Office, from Samsung Electronics admire The Wall.
     
    ▲ The ultra-low power Samsung Color E-Paper boasts a slim, lightweight design.
     
    ▲ Visitors examine Samsung VXT, a comprehensive cloud-based content management solution (CMS) platform.
     
    ▲ Visitors crowd around the SmartThings Pro wall to see how the B2B management platform has expanded to include enterprise-grade IoT devices.
     
    ▲ Visitors interact with the Google Cast feature newly added to Samsung’s 2025 hotel TV lineup.
     
    ▲ SW Yong, President and Head of Visual Display (VD) Business at Samsung Electronics, tries out the 2025 Interactive Display equipped with Samsung AI Assistant.
     
    ▲ The 115” (16:9) 4K Smart Signage display boasts an ultra-large screen optimized for office spaces, retail stores and other business environments.
     
    ▲ A visitor observes the 105” (21:9) 5K Smart Signage display‘s various innovative features that make it the perfect option for video conferences.

    MIL OSI Global Banks –

    February 7, 2025
  • MIL-OSI United Kingdom: Time to act on UK’s expiring trade remedy measures

    Source: United Kingdom – Government Statements

    Some UK anti-dumping and anti-subsidy measures will expire in 2026. Affected UK producers can apply for an expiry review if they want the measures to be kept.

    In 2026, some anti-dumping and countervailing trade remedy measures that currently defend UK businesses from unfair trading practices will expire. The window for affected domestic producers to apply for an expiry review has now opened.

    The period for industry to request an expiry review for the measures listed below runs from January 2025 to end October 2025. We are already contacting the industries affected by the measures, but producers should be ready to consider now if they will request an expiry review to TRA.

    The measures that expire in January 2026 cover the following goods:

    • Welded steel tubes and pipes
    • Rainbow trout
    • Biodiesel
    • Glass fibre
    • Wire rods

    UK producers of these goods that believe the expiry of these measures could lead to a resurgence of dumping or subsidisation that would cause injury to their industry can apply for an expiry review. To complete the application process, producers will need to provide sufficient evidence that allowing the measures to lapse would be likely to result in continued or recurring harm to their business.

    Requests for expiry reviews for the measures listed above must be submitted between January and October 2025. Interested UK producers should consider if they need to act now to ask the TRA to investigate if there is a case for extending the measure.

    If a request is not submitted between January to October 2025 for these measures, this would result in the relevant measure expiring automatically in January 2026 and potentially leave domestic producers vulnerable to imports at unfair prices.

    The TRA ‘s Pre-Application Office offers support in explaining the review process, reviewing submitted information, and checking draft applications and requests for reviews. The TRA operates as an independent body, so it cannot source information or complete applications on behalf of industry members.

    For those looking to understand the expiry review process further, comprehensive guidance is available online. This resource is designed to help UK producers understand the necessary steps to submit a successful application and ensure that their interests are adequately protected in the face of potentially unfair trading practices.

    All UK producers who have a current trade remedy measure protecting their goods can keep up to date with the expiry date of their measure and when the expiry window opens using the Trade Remedies Service. The TRA will publish information on other measures that will expire as the expiry window approaches, specifying the deadlines when producers must submit any request for an expiry review.

    The UK’s steel safeguard measure which covers certain steel products also ends in summer 2026. Unlike anti-dumping and anti-subsidy measures, it cannot be renewed or extended. Any relevant UK producers who would like to know more about the options available to protect their industry should contact the TRA’s Pre-Application Office.

    Email: Contact@traderemedies.gov.uk

    Expiry notices for measures expiring in January 2026:

    Welded tubes and pipes: Welded Tubes and Pipes from Belarus, China and Russia – Trade Remedies Service – GOV.UK

    Rainbow trout: Rainbow Trout from Turkey – Trade Remedies Service – GOV.UK

    Biodiesel AS: Biodiesel from United States and Canada – Trade Remedies Service – GOV.UK

    Biodiesel AD: Biodiesel from United States and Canada – Trade Remedies Service – GOV.UK

    Glass fibre AD: Continuous Glass fibre from China – Trade Remedies Service – GOV.UK

    Gass fibre AS: Continuous Glass fibre from China – Trade Remedies Service – GOV.UK

    Wire rod: Wire Rod from China – Trade Remedies Service – GOV.UK

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    Published 6 February 2025

    MIL OSI United Kingdom –

    February 7, 2025
  • MIL-OSI United Nations: Gaza: 10,000 aid trucks reached enclave since ceasefire began

    Source: United Nations 4

    6 February 2025 Humanitarian Aid

    The humanitarian community’s plan to flood Gaza with lifesaving aid passed an important milestone on Thursday with the news that more than 10,000 relief lorries have entered the enclave since the ceasefire began on 19 January.

    Announcing the development, the UN’s top aid official, Tom Fletcher, said that the trucks contained lifesaving food, medicine, and tents – all desperately needed by Gazans after more than 15 months of constant Israeli bombardment.

    The UN emergency relief chief’s comments came as he prepared to join an aid convoy crossing into northern Gaza.

    In recent days, he has held “practical discussions” with the Israeli authorities in Tel Aviv and Jerusalem “to keep lifesaving UN aid moving into Gaza at scale”. This includes COGAT – the Israeli body responsible for approving requests to deliver aid into Gaza and the West Bank – and the Israel Foreign Ministry.

    Clearing rubble to live

    According to the UN aid coordination office, OCHA, more than half a million people have returned to north Gaza since the ceasefire began. Needs for food, water, sanitation, healthcare and tents are enormous, with some returning to former homes with shovels to clear the rubble, according to the UN Children’s Fund, UNICEF.

    In an update, the UN World Health Organization (WHO), said that it had received 63 trucks of medical supplies from aid partners to replenish its three warehouses in Gaza.

    In addition, more than 100 sick and injured patients have also been evacuated to Egypt for urgent medical treatment since the temporary ceasefire came into effect, while OCHA noted that primary and secondary health services are being provided throughout the Strip.

    Five ambulances entered Gaza to strengthen emergency response capacity on Tuesday, OCHA said in an update.

    Food production boosted

    The UN aid coordination agency noted that across Gaza, 22 bakeries supported by the World Food Programme (WFP) are now operational.

    The WFP has also provided nutrient supplements to more than 80,000 children and pregnant or breastfeeding women across Gaza, since the ceasefire took effect and UNICEF has continued distributing nutrition support for infants.

    “Humanitarian partners have screened more than 30,000 children under the age of five for malnutrition since the ceasefire took effect. Of those screened, 1,150 cases of acute malnutrition have been identified, including 230 cases of severe acute malnutrition,” OCHA said.

    In addition, the UN Food and Agriculture Organization (FAO) distributed nearly 100 metric tons of animal feed to support herders in Deir al Balah and Khan Younis, benefiting hundreds of people working in the agricultural sector.

    To sustain learning activities across the Strip, education partners have established three new temporary learning spaces yesterday in Gaza, Rafah and Khan Younis governorates, benefiting 200 school-aged children.

    Ceasefire push 

    The aid build-up came as the Secretary-General on Wednesday pushed for a permanent ceasefire in Gaza and the release of all remaining hostages in the enclave, while strongly rejecting the suggestion that Gazans should be resettled outside their homeland.

    “In the search for solutions, we must not make the problem worse. It is vital to stay true to the bedrock of international law. It is essential to avoid any form of ethnic cleansing,” Guterres told  the UN Committee on the Exercise of the Inalienable Rights of the Palestinian People, which met to set out its programme of work for the year. “We must reaffirm the two-State solution,” he said.

    Underlining the Secretary-General’s comments, the UN High Commissioner for human rights, Volker Türk, said that “any deportation or forced transfer of persons without legal basis is strictly forbidden”.

    MIL OSI United Nations News –

    February 7, 2025
  • MIL-OSI USA: AFN Broadcasts Super Bowl LIX to U.S. Military Audiences Worldwide

    Source: United States Department of Defense

    The Defense Media Activity (DMA) and the American Forces Network (AFN) invite overseas audiences to enjoy the military network’s full-day coverage of America’s most watched sporting event, the Super Bowl, beginning this Sunday, February 9. 

    With the generous support of the National Football League (NFL), AFN will air Super Bowl LIX, featuring the Kansas City Chiefs and the Philadelphia Eagles, live on its global television and radio services for U.S. military audiences serving around the world and at sea.

    AFN will live-stream the Super Bowl on its video streaming platform, AFN Now®. The game will also be available as video-on-demand shortly after the live broadcast.

    AFN Super Bowl events and pregame coverage begin Sunday, Feb. 9, at 9 a.m., Central European Time (CET), and at 5 p.m., Japan/Korea Time (JKT), all on AFN|sports.

    AFN live coverage of Super Bowl LIX begins Monday, Feb. 10, at 12:30 a.m., CET, and 8:30 a.m., JKT, on AFN|sports.

    AFN radio will provide extensive live and pre-game coverage on AFN Fans, available on your satellite decoder, and streaming on AFN Go.

    Viewers are invited to have fun and interact during the game using #SB59AFN and #SuperBowlAFN on Twitter, Instagram, and Facebook.

    AFN|sports will repeat the Super Bowl on Feb. 10, in Europe, at 11 a.m. and 7 p.m., CET.  In Japan/Korea, Feb. 10, at 7 p.m., JKT, and again, Feb. 11, at 3 a.m., JKT.

    For overseas military audiences who may have missed the 2025 NFC and AFC Championship Games, AFN will also rebroadcast the Washington Commanders vs. Philadelphia Eagles and the Buffalo Bills vs. Kansas City Chiefs games on Saturday, Feb. 8, starting at 9 a.m., CET, and 5 p.m., JKT. 

    The AFN|family channel will be airing an annual family favorite, Puppy Bowl XXI, Feb. 10, at 4 p.m., CET/JKT.  Returning for its 21st year, the beloved Puppy Bowl is TV’s original and longest running call-to-adoption event.  Puppy players from Team Ruff and Team Fluff take to the Puppy Bowl stadium to win the “Lombarky” trophy.

    AFN audiences are encouraged to prepare for the Super Bowl by downloading the AFN Now app ahead of the game and registering so they can enjoy the experience from kick off to the trophy presentation.  The AFN Now app is available from the Google Play or Apple App store and is available to service members, families, and retirees living overseas.  It is available on Google and Apple devices, Amazon Fire, Roku, and select smart TVs with app functionality. 

    It is recommended that those who have AFN Now get ready for the big game by ensuring it is up to date with the latest version.

    Since launching two years ago, AFN Now has proven to be highly innovative and has seen record-breaking growth. The military streaming service now has more than 100,000 subscribers worldwide and has seen over one million hours watched.  AFN Now continues to be popular with military audiences worldwide for its extensive content and flexible viewing schedules.  Sports enthusiasts say they appreciate the option of watching live events or at their convenience as video-on-demand.

    The AFN Now app is free to download and provides audiences with convenient access to their favorite AFN entertainment, news, and sports programming.  The app is easy to download, and users can register at https://afn-now.myafn.mil/.  The AFN Now Help Desk is manned around the clock to provide support. They can be reached at DMA.AFNnow.Help@mail.mil.

    For a full listing of all Super Bowl themed shows airing on AFN TV, go to “MyAFN” for television schedules, which is located at https://myafn.dodmedia.osd.mil. Or, for any additional questions, please contact the American Forces Network at dma.march.afn.list.affrel@mail.mil.

    AFN’s broadcast of Super Bowl LIX builds on its eight decades of service to U.S. forces worldwide, dating back to 1943, and further underscores the military network’s dedication to its motto, “We Bring You Home.”

    MIL OSI USA News –

    February 7, 2025
  • MIL-OSI Europe: More electric recharging points to be set up under EU alternative fuels initiative

    Source: European Union 2

    The EU is allocating nearly €422 million to 39 projects that will deploy alternative fuels supply infrastructure along the trans-European transport network (TEN-T), contributing to decarbonisation. These projects have been selected under the first cut-off deadline of the 2024-2025 Alternative Fuels Infrastructure Facility (AFIF) of the Connecting Europe Facility (CEF), the EU funding programme supporting European transport infrastructure.

    With this selection, the AFIF will support approximately 2,500 electric recharging points for light-duty vehicles and 2,400 for heavy-duty vehicles along the European TEN-T road network, 35 hydrogen refuelling stations for cars, trucks and buses, the electrification of ground handling services in 8 airports, the greening of 9 ports and 2 ammonia and methanol bunkering facilities. 

    Next steps

    Following EU Member States’ approval of the selected projects on 4 February 2025, the European Commission will adopt the award decision in the coming months, after which the results will become definitive. The European Climate, Infrastructure and Environment Executive Agency (CINEA) has started the preparation of the grant agreements with the beneficiaries of successful projects.

    Background

    The second phase of the AFIF (2024-2025) was launched on 29 February 2024 with a total budget of €1 billion: €780 million under the general envelope and €220 million under the cohesion envelope. Its goal is to support objectives set out in the Regulation for the deployment of alternative fuels infrastructure (AFIR) regarding publicly accessible electric recharging pools and hydrogen refuelling stations across the EU’s main transport corridors and hubs, as well as the objectives set in the ReFuelEU aviation and the FuelEU maritime regulations. 

    The call for proposals covers the roll-out of alternative fuels supply infrastructure for road, maritime, inland waterway and air transport. It supports recharging stations, hydrogen refuelling stations, electricity supply and ammonia and methanol bunkering facilities.

    The call remains open for applications and the next cut-off deadline is 11 June 2025.

    For more information

    MIL OSI Europe News –

    February 7, 2025
  • MIL-OSI: WISeSat.Space Announces New 2025 Satellite Launches with Post-Quantum-Ready Technology

    Source: GlobeNewswire (MIL-OSI)

    WISeSat.Space Announces New 2025 Satellite Launches with Post-Quantum-Ready Technology

    Next launch will include SEALCOIN PoC to Enable Decentralized Satellite-IoT M2M Transactions Using Hedera DLT

    Geneva, Switzerland – February 6, 2025 – WISeKey International Holding (“WISeKey” or the “Company”) (NASDAQ: WKEY; SIX: WIHN), a leading global cybersecurity, AI, and IoT company, today announced that its subsidiary, WISeSat has released the satellite launches schedule for 2025, marking a major advancement in secure satellite-based IoT communications.

    The next confirmed launch is scheduled for June 2025 with SpaceX, deploying next-generation WISeSat satellites designed with post-quantum-ready security to protect against future cyber threats, followed by another one in October and a third one in December. This launch series serves as a proof of concept, integrating WISeKey’s trusted Root of Trust with SEALSQ’s cutting-edge Post-Quantum Chips, ensuring unmatched cybersecurity resilience in an evolving digital landscape. These satellites also incorporate incremental technology derived from the SEALSQ quantum roadmap, leveraging innovations from SEALSQ’s partner and startup investment program to enhance security, performance, and efficiency.

    The WISeSat constellation continues to expand, offering real-time, ultra-secure connectivity for IoT devices across industries worldwide. In response to the escalating cyber risks posed by quantum computing advancements, WISeSat reinforces WISeKey’s commitment to pioneering a resilient cybersecurity infrastructure.

    Carlos Moreira, Founder and CEO of WISeKey, emphasized the importance of this initiative noted, “These new launches represent a major step forward in securing IoT communications for the future. By integrating SEALSQ’s Post-Quantum Chips with WISeKey’s trusted Root of Trust, we are ensuring that WISeSat remains a leader in satellite cybersecurity. Our goal is to provide a quantum-resistant, globally connected IoT ecosystem that meets the security challenges of tomorrow.”

    As the satellite IoT communications division of WISeKey, WISeSat was established to meet the growing demand for secure, real-time IoT connectivity across critical industries, including logistics, agriculture, energy, and infrastructure management. WISeSat was established as part of WISeKey’s broader strategy to provide security in the era of quantum computing. Traditional IoT networks face increasing vulnerabilities, and WISeSat addresses these risks by delivering a global, satellite-based solution that combines secure connectivity with post-quantum cryptographic protection.

    Building on the success of its prior missions, WISeKey is preparing multiple WISeSat deployments throughout 2025, which will:

    • Expand the WISeSat satellite network to increase coverage, bandwidth, and redundancy.
    • Integrate AI-driven analytics for enhanced security monitoring and real-time data processing.
    • Develop hybrid terrestrial-satellite solutions to ensure seamless, ultra-secure IoT connectivity.

    WISeSat.Space AG is at the forefront of secure IoT connectivity and climate change monitoring, leveraging advanced satellite technology to deliver cost-effective, secure global communications. The WISeSat constellation supports key applications such as environmental monitoring, disaster management, and sustainable development. By integrating satellite-generated data with advanced climate models, WISeSat plays a crucial role in improving environmental intelligence and developing strategies to combat climate change.

    As the cyber and environmental landscapes continue to evolve, initiatives like WISeSat’s IoT satellite constellation will be critical in shaping a more resilient, secure, and sustainable future. With multiple launches planned for 2025, including the next confirmed mission with SpaceX in June, WISeKey remains at the forefront of securing the IoT ecosystem through space-based technology, leading the way toward a quantum-secure digital world.

    The June launch will include a PoC that will demonstrate SEALCOIN’s groundbreaking potential to facilitate decentralized space transactions in the growing Internet of Things (IoT) ecosystem. Leveraging the SEALCOIN platform, the PoC will enable satellite-initiated transactions to IoT devices without human intervention. The tokens, based on Hedera Decentralized Ledger Technology (DLT), ensure secure, transparent, and tamper-proof exchanges, driving the creation of a scalable Transactional IoT (t-IoT) infrastructure.

    In June, SEALSQ will launch a Proof of Concept (PoC) showcasing SEALCOIN’s transformative potential in decentralized space transactions within the expanding Internet of Things (IoT) ecosystem.

    • The PoC will enable satellite-initiated transactions with IoT devices without human intervention, establishing a seamless, autonomous data and value exchange mechanism.
    • SEALCOIN tokens, built on Hedera’s Decentralized Ledger Technology (DLT), ensure secure, transparent, and tamper-proof transactions.
    • This initiative will pave the way for a scalable Transactional IoT (t-IoT) infrastructure, enhancing efficiency and security in space-based IoT communications.

    This breakthrough aims to redefine machine-to-machine (M2M) transactions in sectors like smart cities, logistics, and remote sensing, opening new possibilities for secure, decentralized IoT applications beyond Earth.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com 
    WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@equityny.com

    The MIL Network –

    February 7, 2025
  • MIL-OSI: LPL Financial Welcomes Jackson/Roskelley Wealth Advisors

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Feb. 06, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Jared Roskelley, CFP®, and Kyle Robertson, CFP®, of Jackson/Roskelley Wealth Advisors have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $345 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise.

    Based in Scottsdale, Ariz., Jackson/Roskelley Wealth Advisors was founded on the principles of integrity, insight and independence. Founder Bob Jackson started the firm in 1994, bringing Roskelley on board as a shareholder in 2006 after the two struck up a friendship during coursework for CFP® certification. Roskelley later became president and CEO, allowing Jackson to successfully transition into retirement. Robertson joined the practice in 2015 and now serves as managing director and represents the third generation of ownership for Jackson/Roskelley Wealth Advisors.

    “We offer investment strategies, financial planning and goals-based advice to help clients feel more confident about their financial future,” said Roskelley, who learned early on about the complexities of finance from his father, a tax and insurance specialist. “We focus on the comprehensive nature of financial planning to integrate investments, risk tolerance, estate planning and tax strategies into a singular, personalized plan for each client.”

    Looking to get back to their true independent roots, the advisors turned to LPL for the next chapter of their business.

    “From Day One, we’ve always valued independence and entrepreneurship,” Roskelley said. “By moving to LPL we have more control of our destiny and the power to do what’s in our clients’ best interests. We appreciate that LPL does not offer proprietary investment products, and we also believe clients will benefit from LPL’s industry-leading, integrated technology that allows them to access all their account information with a single login.”

    Staying involved in the community is a priority for both advisors. Roskelley is in the Boy Scouts of America Scoutmaster Hall of Fame (Mesa District) and previously served as director of programming for the Financial Planning Association of Greater Phoenix. Robertson is also active in his community, serving as president of his school’s parent-teacher organization and athletic committee while also coaching multiple youth sports leagues.

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Jared and Kyle to the LPL community. LPL is committed to delivering innovative capabilities and strategic resources that make it easier for advisors to manage their practices, accelerate their business and build long-term value with their clients. We look forward to supporting Jackson/Roskelley Wealth Advisors for years to come.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 29,000 financial advisors and the wealth management practices of 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker dealer, member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. Jackson/Roskelley Wealth Advisors and LPL are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated as reported to LPL

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (704) 996-1840

    Tracking #688390

    The MIL Network –

    February 7, 2025
  • MIL-OSI: RentRedi Named to HousingWire’s Tech100 List

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) —  RentRedi, the fastest-growing all-in-one property management software that makes renting easy for both landlords and renters, has been named to HousingWire’s 2025 Tech100 Real Estate list. The award recognizes RentRedi as one of the most innovative and impactful companies transforming the real estate industry by driving efficiency and accessibility to the renting process, and reshaping how landlords and real estate investors operate and serve their tenants.

    “We are honored to be endorsed as a top technology in real estate by HousingWire,” said RentRedi Co-founder and CEO Ryan Barone. “This award validates RentRedi’s efforts to provide convenience and ease of use, helping real estate investors grow their rental businesses by removing the time constraints and geographic barriers of property management for landlords, while also improving the lives of their tenants.”

    RentRedi’s comprehensive online and mobile app enables landlords to manage their properties remotely from anywhere in the world using their phone or any mobile or desktop computer by automating everything that goes into managing a rental property, from listings, tenant screening, and lease signing to rent collection, 24/7 maintenance coordination, and accounting. Landlords who use RentRedi have more time to spend on high value activities such as nurturing tenant relationships, investing in home improvement projects, and scouting new investment opportunities to grow their rental businesses.

    Scaling with RentRedi not only requires less effort, but also less cost, because RentRedi offers unique flat pricing subscriptions that do not increase as investors scale their portfolios. Landlords can add an unlimited number of properties, units, tenants, and users to their account with no increase to their subscription rate. Other perks and benefits, specifically accelerated 2-day funding and same-day settlements, are also included in RentRedi’s flat rate pricing and do not require a premium subscription—an industry-first feature.

    Although RentRedi caters to independent landlords, it was initially conceived as a tenant app, and many features continue to be specifically designed with tenants in mind. For example, RentRedi offers a Credit Boost feature that enables tenants (or their landlords) to report on-time payments to all three credit bureaus so that they can boost their credit scores. RentRedi also offers tenants the option to set up automatic payments, purchase renters insurance, and take advantage of special perks and discounts to hundreds of local and national companies from groceries and home decor to storage and pet insurance.

    “Technology is at the core of progress in the housing industry,” said Clayton Collins, CEO of HW Media. “The companies recognized in this year’s Tech100 awards are leading innovation and delivering real-world impact to drive faster and more efficient processes.”

    RentRedi’s impact on the rental industry is proven and backed by data. According to data collected between January 2020 and August 2024, units with at least one tenant using RentRedi’s autopay feature reported on-time rent payments 99% of the time. The success of RentRedi’s tenant screening feature has also been quantified, showing that tenants who underwent tenant screening via the RentRedi platform paid rent on time about 90% of the time.

    Furthermore, RentRedi data shows that landlords are likely to see a 13% jump in on-time rent payments when using the RentRedi Credit Boost feature. Rental units with tenants who have “poor” to “fair” credit scores (in the 300-669 range) yield on-time rent payments at a rate of 93% when using the credit-boosting feature.

    Now in its 6th year, HousingWire’s Tech100 Real Estate program provides a trusted resource for real estate professionals, showcasing the industry’s top technology providers. The award recognizes companies like RentRedi that are solving real-world challenges, delivering cutting-edge solutions, and helping real estate professionals navigate an evolving market.

    About RentRedi

    RentRedi offers an award-winning, comprehensive property management platform that simplifies the renting process for landlords and renters by automating and streamlining processes. Landlords can quickly grow their rental businesses by using RentRedi’s all-in-one web and mobile app to collect rent, list and market vacancies, find and screen tenants, sign leases, and manage maintenance and accounting. Tenants enjoy the convenience and benefits of RentRedi’s easy-to-use mobile app that allows them to pay rent, set up auto-pay, build credit by reporting rent payments to all three major credit bureaus, prequalify and sign leases, and submit 24/7 maintenance requests.

    Founded in 2016, RentRedi is VC-backed and a proven leader in the PropTech market. The company ranks No. 180 on the Inc. 5000 list and No. 12 on the Inc. 5000 Regionals list. It was also named an Inc. Power Partner in 2023 and 2024, and to Fast Company’s Next Big Things in Tech list in 2024, and to HousingWire’s Tech100 list in 2025. To date, RentRedi has more than $28 billion in assets under management with nearly 200,000 landlords and tenants using the platform. The company partners with technology leaders such as Zillow, TransUnion, Experian, Equifax, Realtor.com, Lessen, Thumbtack, Plaid, and Stripe to create the best customer experience possible. For more information visit RentRedi.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/50e1b104-a11f-4848-936e-9bfb0a383b29

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Internet Safety Labs Awarded $500K Grant to Advance Research into Privacy Risks and Dark Patterns in Kids’ Apps

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Feb. 06, 2025 (GLOBE NEWSWIRE) — Internet Safety Labs, a non-profit organization dedicated to independent software product safety testing, has been awarded a $500,000 grant from the Internet Society Foundation to further its critical work in enhancing the safety and privacy of children’s data. This funding will support the organization’s latest initiative, “Measuring Safety Risks in Kids’ Apps Part III: Privacy and Dark Patterns.” This is the third grant received by Internet Safety Labs (ISL) from the Internet Society (ISOC) Foundation.

    The new report will focus on advancing research and developing auditing techniques to uncover and address:

    • “Dark” or “Deceptive” user interface (UI) patterns designed to manipulate children within apps, including patterns that foster addiction.
    • Observable app security risks that threaten the safety of kids’ digital experiences.
    • Privacy risks by enhancing the existing safety labels to include more details of what data is being collected and who it’s being shared with.

    “This grant represents ongoing and strong support for our work of holding the tech industry accountable through transparency,” said Lisa LeVasseur, executive director of Internet Safety Labs. “Surgeon General Murthy highlighted last year the need to better label the innate risks in social media apps. Funds from the ISOC Foundation will allow us to provide just such a label.”

    Support from the ISOC Foundation has been instrumental in ISL’s previous accomplishments within the realm of K-12 edtech safety. This includes the 2023 launch of its App Microscope safety labels, a groundbreaking free resource designed to help people understand the potential risks of mobile apps used in schools, and the release of its “2022 K-12 Edtech Safety Benchmark – Part 1, 2, and 3.” The initial report made headlines for its findings that nearly all school apps (96%) share children’s personal information with third parties, 78% of the time with advertising or monetization entities.

    “We are proud to continue partnering with Internet Safety Labs to improve child safety and privacy online,” said Maiko Nakagaki, senior program officer at ISOC Foundation. “ISL’s efforts underscore our shared goal to ensure that the Internet is open, connected, secure and trustworthy for all.”

    Internet Safety Labs invites experts, business leaders and individuals interested in advancing standards for software product safety and ethical Internet practices to visit its website to learn more about how to work with ISL.

    About Internet Safety Labs
    Internet Safety Labs (ISL) is the world’s first independent product safety tester for digital technology. Through rigorous safety audits of websites and mobile apps, we identify and document invisible safety risks that impact millions of users. Our comprehensive open safety standards and automated testing infrastructure enable systematic evaluation of data privacy, harmful user interfaces, and policy transparency. As a 501(c)(3) nonprofit, we empower consumers with standardized safety labels while providing regulators and policymakers with evidence to drive meaningful industry change. We’re creating a more trustworthy digital world by establishing precedent for independent oversight and accountability. For more information, visit https://internetsafetylabs.org/.

    About The Internet Society Foundation:
    The Internet Society Foundation exists to support the positive difference the Internet can make to people everywhere. It promotes the development of the Internet as a global technical infrastructure, a resource to enrich people’s lives, and a force for good in society.

    PR Contact:
    Sherlyn Rijos-Altman
    Montner Tech PR
    srijos@montner.com

    The MIL Network –

    February 7, 2025
  • MIL-OSI: ConnectWise and IT Nation Launch 2025 PitchIT Accelerator Program Fueling Startup Innovation: Applications Open Now

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) — IT Nation, a global community of peers, thought leaders, and experts dedicated to elevating the IT ecosystem to new heights, today announced the launch of its PitchIT™ accelerator program, a prestigious worldwide competition dedicated to incubating growth among ConnectWise’s startup integration partners in the MSP space.

    Now in its seventh year, ConnectWise PitchIT has attracted over 150 participants, with this year’s competition set to be the largest yet. Applicants participate in a 16-week business transformation course, receiving mentorship from industry experts covering sales, marketing, branding and messaging, product security, and pitch development. Their progress is evaluated by industry-leading judges, vendors, and podcasters across various MSP communities. Three finalists are chosen and then paired with a dedicated coach to refine their pitch before presenting it live at IT Nation Connect 2025, taking place in Orlando, Florida in November.

    “At ConnectWise, we are committed to three core promises to our partners: making it easier to do business with us, investing in partner growth, and driving more innovation, faster,” said Manny Rivelo, CEO at ConnectWise. “That’s exactly what PitchIT is all about—giving companies a chance to create solutions that integrate with our platform and make our partners’ businesses more efficient, profitable, and secure. With this program, we empower our partners with tools that enhance their efficiency, profitability, and security, reinforcing our dedication to their success and ensuring we remain a partner they can grow with.”

    The PitchIT accelerator program is a testament to ConnectWise and IT Nation’s commitment to helping MSPs discover new, innovative solutions while giving vendors the tools to grow. In addition to mentorship, resources, and passes to IT Nation Connect, contestants gain access to ConnectWise’s extensive network of 45,000+ partners. With ConnectWise partnerships generating over 1 million impressions annually, contestants benefit from unmatched visibility and industry reach.

    “We’re thrilled to see the PitchIT program continue to reach new heights, with more global applicants and an increasingly competitive contest every year,” stated Sean Lardo, VP of Communities at IT Nation. “This program isn’t just about growth. It’s about innovation that truly transforms the MSP community. By working closely with participants, ConnectWise and IT Nation provide the tools, resources, and expert support they need to create game-changing solutions that allow our partners to grow. We’re proud to play a role in their journey and can’t wait to see the impact this year’s participants are bound to make!”        

    ConnectWise offers global opportunities for startups and emerging companies in the MSP industry, whether in EMEA, APAC, or the Americas. With customized regional support, access to a network of over 45,000 partners worldwide, and comprehensive empowerment and support, ConnectWise helps entrepreneurs achieve product-market fit and gain traction in their local and global markets. Additionally, the company’s global network and marketplace link businesses with potential users and new opportunities, fostering expansion and entry into untapped markets.

    “The PitchIT program and cohort were instrumental in launching ThreatMate into the Managed Service Provider market. We not only got great exposure from PitchIT events and podcasts but also hands-on coaching from the community of experienced MSP professionals PitchIT brought to bear week in and week out,” said ThreatMate CEO Anup Ghosh. “Today we are also proud to announce a $3.2M seed round led by Top Down Ventures with Runtime Ventures and Blu Ventures participating. Without a doubt, being part of the PitchIT cohort helped separate us from the pack of early-stage companies.” 

    ConnectWise actively encourages participation from every continent. There is no cost associated with applying and no cost if accepted. ConnectWise is awarding $100,000 in grant award money to the top 2 finishers ($70,000 for 1st place, $30,000 for 2nd). Interested participants can submit their applications online until April 30.

    ThreatMate is an AI-powered cybersecurity startup revolutionizing attack surface management for Managed Service Providers (MSPs). See www.threatmate.com for more information.

    To learn more about the PitchIT Accelerator Program and apply, please visit https://www.connectwise.com/theitnation/pitchit.

    About IT Nation

    The IT Nation is a vibrant and inclusive community that brings together the brightest minds from Managed Solution Providers (MSPs) and IT channel vendors worldwide. Our shared culture, rooted in the Go-Giver philosophy, enables us to harness collective wisdom for mutual growth. Our mission is to empower individuals who align with this worldview by providing purpose-built tools and success frameworks. These resources are designed to help our members define goals, create strategic plans, and execute with precision. At IT Nation, we are dedicated to cultivating an environment where innovation, education, planning, accountability, and celebration serve as the pillars of success. The IT Nation inspires excellence, collaboration fuels advancement, and shared success drives us toward our mission: Wise Together, Rise Together. Learn more at www.connectwise.com/theitnation.

    Media Contact

    Keith Giannini
    Inkhouse for ConnectWise
    connectwise@inkhouse.com

    The MIL Network –

    February 7, 2025
  • MIL-OSI: UnitedLex Partners with Infinnium to Elevate Cyber Incident Response Services with Cutting-Edge Information Governance and Data Protection Tools

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) — UnitedLex, a leading tech-enabled legal services company specializing in incident response, litigation, intellectual property, and legal operations, with decades of experience serving clients facing complex investigations related to cybersecurity incidents, today announces it has partnered with Infinnium, integrating their comprehensive Information Governance & Data Protection solution as an enhancement to the company’s Cyber Incident Response services.

    Infinnium’s purpose-built, AI-powered platform, combined with UnitedLex’s Incident Response data mining expertise, revolutionizes breach response with unmatched speed, precision, and efficiency. By eliminating error-prone handoffs and redundant data copies, UnitedLex delivers clients faster, more accurate insights—while significantly reducing costs and mitigating risks.

    “Our clients expect speed, accuracy, and security in their incident response efforts,” said Renee Meisel, CEO of UnitedLex. “The innovative AI tools that Infinnium has created, joined with UnitedLex’s optimized process workflows and top-tier professional services give our clients faster insight into their data, allowing for early assessments of matters with faster and more accurate reporting of potential timelines and budgets.”

    Infinnium’s solution integrates seamlessly into UnitedLex’s robust Cyber Incident Response framework, ensuring:

    • Accelerated Breach Reviews: Streamlined processes reduce response times, providing faster insights and outcomes.
    • Seamless Investigation Management: One unified platform eliminates redundancies and enhances data accuracy.
    • Cost-Effectiveness at Scale: Optimized workflows and automated tasks reduce operational costs while maintaining compliance and quality.

    “UnitedLex’s leadership in this space aligns perfectly with Infinnium’s proven experience in simplifying and securing data-driven processes such as data breach review,” said Doug Kaminski, Chief Revenue Officer, Infinnium. “Together, we’re delivering an unparalleled, AI-driven solution that addresses the complexities of modern data challenges.”

    Experts from UnitedLex and Infinnium will be demonstrating their Cyber Incident Response services at the NetDiligence Cyber Risk Summit from February 10-12 in Miami. For more information about how UnitedLex is helping clients respond and determine the best path forward in the early and critical timeframes of an incident, visit https://unitedlex.com/incident-response/.

    About UnitedLex
    UnitedLex is the preeminent business partner for legal delivering services that achieve value and drive growth for corporate legal departments and law firms in the areas of litigation and investigations, intellectual property, legal operations, and incident response.

    Founded in 2006, we co-create solutions that mitigate risk, drive revenue, and optimize business investment—transforming the legal function into a catalyst for success. Our team of 3,000+ legal and business professionals, data analysts, technologists, and engineers supports our clients from operational centers around the world.

    About Infinnium
    Infinnium is a pioneer in Information Governance and Data Protection, offering advanced solutions for breach response, DSAR management, and investigation workflows. Infinnium’s platform empowers organizations to navigate complex data environments with speed, accuracy, and confidence. 

    Press Inquiries:
    Susan Hammann
    Director, Strategic Communications
    press@unitedlex.com

    The MIL Network –

    February 7, 2025
  • MIL-OSI: NANO Nuclear Energy Engages aRobotics Company and Commits to Multimillion Dollar Investment to Build Out its New Advanced Demonstration Facility

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., Feb. 06, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it has engaged aRobotics Company, a leading innovator in robotics fabrication, inspection, engineering and testing, to oversee the multimillion dollar build out of NANO Nuclear’s recently announced demonstration facility in Westchester County, New York. aRobotics will also assist NANO Nuclear with the fabrication of key components for the demonstration facility.

    Under the agreement, following completion of the facility’s retrofitting, aRobotics Company will manage the construction of certain non-nuclear elements crucial to the design and operation of NANO Nuclear’s four reactors in development: ZEUS, ODIN, LOKI MMRTM and KRONOS MMRTM. This includes leading the development and fabrication of custom sensors and equipment needed to evaluate demonstration components. Additionally, aRobotics will support NANO Nuclear’s ongoing SBIR Phase III project for its Annular Linear Induction Pump (ALIP) technology, a key enabling technology within NANO Nuclear’s suite of advanced nuclear energy systems.

    “We are delighted to work alongside NANO Nuclear and its management team to deliver a sophisticated demonstration facility for the company,” said Akaash Kancharla, Chief Executive Officer of aRobotics Company. “Though microreactors rely on fission processes to generate energy, there are numerous non-nuclear components which are critical to the operation of these energy systems. The experience we’ve gained through our extensive engineering work with the Department of Defense and large defense prime contractors will be instrumental as we support NANO Nuclear in advancing its next phase of reactor development.”

    Figure 1 – NANO Nuclear Energy Engages aRobotics Company to Oversee the Retrofitting of its Advanced Demonstration Facility in Westchester County, New York and Lead the Fabrication of Non-Nuclear Components for its Suite of Energy Systems.

    aRobotics develops, fabricates, and operates advanced robotic systems for inspecting and testing critical infrastructure in both civilian and defense contexts. The company has been recognized with multiple honors, including the NATO DIANA Challenge, the NYC Department of Building Challenge, active contracts with all major branches of the U.S. Military (including nearly 20 SBIR awards), and the Propel by MIPIM Startup Competition. aRobotics designs, develops and fabricates its suite of engineering robotics and provides materials testing solutions in-house at its own facilities. With numerous filed, published, and issued patents in the United States and internationally, aRobotics delivers cutting-edge solutions that ensure the structural integrity of significant assets and is routinely used on large infrastructural projects across the nation from interstates to skyscrapers. Building on its extensive deep technology engineering experience, aRobotics delivers cutting-edge, mission-ready solutions with reliability, efficiency, and innovation.

    “We are thrilled to engage aRobotics Company, whose proven track record in meeting stringent quality standards makes them an ideal partner,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “Their extensive track record, particularly their work with the U.S. Department of Defense, give us confidence in their ability to manage the design and construction of our new demonstration facility as well as oversee the fabrication of certain key components such as the ALIP technology, ensuring we continue on a clear path toward demonstration and eventual commercialization.”

    “We are very pleased to partner with aRobotics Company on this phase of our development,” said James Walker, Chief Executive Officer and Head of Reactor Development of NANO Nuclear Energy. “In addition to overseeing the final build out of our new demonstration facility, aRobotics will play a pivotal role in fabricating and refining essential non-nuclear components that support our reactor energy systems. Their efforts will complement our technical teams’ work, helping to accelerate design development and maintain the highest standards of safety and performance for our reactors.”

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors. NANO Nuclear is also developing patented stationary KRONOS MMR™ Energy System and space focused, portable LOKI MMR™.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:
    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include statements regarding the qualifications of aRobotics Company as applied to NANO Nuclear’s projects as well as other anticipated benefits of the NANO Nuclear’s engagement of aRobotics Company. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Fortinet Delivers Unmatched Security and Efficient Network Performance for the Distributed Enterprise with New Next-Gen Firewalls

    Source: GlobeNewswire (MIL-OSI)

    News Summary

    SUNNYVALE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) — Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the FortiGate 70G, FortiGate 50G, and FortiGate 30G, the latest G series next-generation firewalls (NGFWs) designed to meet the evolving technology and business demands of today’s distributed enterprises. Powered by Fortinet’s proprietary ASIC technology and the unified Fortinet operating system, FortiOS, the FortiGate G series delivers industry-leading security with unmatched performance. These features, combined with advanced networking support and FortiGuard AI-Powered Security Services, reduce the risk of successful cyberattacks and allow customers to future-proof IT infrastructure while minimizing operational costs and environmental impact.

    “For nearly 25 years, we have set the standard for fortifying enterprise networks,” said Nirav Shah, Senior Vice President, Products and Solutions at Fortinet. “By completing the FortiGate G series with the latest ASIC and FortiOS innovation, we give distributed enterprises cutting-edge tools like AI-powered security services and GenAI for network and security operations centers without compromising performance or sustainability needs. Our customers trust that Fortinet will continue redefining the standard for next-generation firewalls by delivering superior security effectiveness, greater energy efficiency, and unmatched performance for years to come.”

    FortiGate G Series: Industry-Leading Performance with AI-Powered Security
    Today’s enterprises are under pressure to scale operations, secure expanding attack surfaces, and manage increasingly sophisticated cyberthreats while reducing costs and maintaining efficiency. The FortiGate G series is engineered to meet these demands, offering:

    • Cutting-edge security with unmatched power efficiency: The FortiGate G series delivers superior protection without compromising performance. For example, the new FortiGate 70G delivers up to 11x higher IPsec VPN and 7x higher firewall throughput than the industry average while consuming 62x fewer watts per Gbps of IPsec VPN throughput and 42x fewer watts per Gbps of firewall throughput.
    • Faster identification, containment, and mitigation of threats: FortiGuard AI-Powered Security Services provides real-time, automated threat detection and response to defend against advanced ransomware, malware, and zero-day exploits.
    • FortiAI for enhanced cybersecurity operations: FortiAI, the Fortinet generative AI assistant, helps automate tasks, provides actionable insights, and improves threat detection. FortiGate customers can use FortiAI to support incident analysis, threat remediation, and playbook creation, empowering them to streamline security processes and strengthen their cybersecurity posture.

    The power of the new FortiGate G series and FortiGuard AI-Powered Security Services is showcased in the below Security Compute Rating tables, which compare the top firewalls on the market against the target performance numbers of the FortiGate 70G, FortiGate 50G, and FortiGate 30G:  

    FortiGate 70G

    Specification FortiGate
    70G
    Security Compute Rating Competitor Average Check Point 1555 Cisco Meraki
    MX68
    Juniper
    SRX 300
    Palo Alto Networks
    PA-410
    Firewall (Gbps) 10.0 7x 1.5 2.0 0.7 1.9 1.4
    IPsec VPN (Gbps) 7.1 11x 0.7 1.3 0.4 0.3 0.7
    Threat Protection (Gbps) 1.3 3x 0.5 0.6 0.4 0.2 0.8
    Concurrent Sessions 1.4M 4x 376K 1M – 64K 64K
    Connections per Second 100K 10x 10K 14K – 5K 11K
    Power Efficiency FortiGate
    70G
    Energy Savings Competitor Average Check Point 1555 Cisco Meraki
    MX68
    Juniper
    SRX 300
    Palo Alto Networks
    PA-410
    Max Power Consumption (Watts) 8.9 4x 35.0 17.9 79.0 24.9 18.0
    Watts/Gbps Firewall Throughput 0.9 42x 36.9 9.0 112.9 13.1 12.9
    Watts/Gbps IPsec VPN Throughput 1.3 62x 78.1 13.8 197.5 73.2 27.7


    FortiGate 50G

    Specification FortiGate
    50G
    Security Compute Rating Competitor Average Check Point
    1535
    Cisco Meraki
    MX67
    Juniper
    SRX 300
    Palo Alto Network PA-410
    Firewall (Gbps) 5.0 3x 1.5 2.0 0.7 1.9 1.4
    IPsec VPN (Gbps) 4.5 8x 0.6 1.0 0.4 0.3 0.7
    Threat Protection (Gbps) 1.1 2x 0.5 0.4 0.4 0.2 0.8
    Concurrent Sessions 720K 2x 376K 1M – 64K 64K
    Connections per Second 85K 10x 8.8K 10.5K – 5K 11K
    Power Efficiency FortiGate
    50G
    Energy Savings Competitor Average Check Point
    1535
    Cisco Meraki
    MX67
    Juniper
    SRX 300
    Palo Alto Networks
    PA-410
    Max Power Consumption (Watts) 8.9 2x 18.7 17.9 14.0 24.9 18.0
    Watts/Gbps Firewall Throughput 1.8 8x 13.7 9.0 20.0 13.1 12.9
    Watts/Gbps IPsec VPN Throughput 2.0 20x 38.6 18.5 35.0 73.2 27.7


    FortiGate 30G

    Specification FortiGate 30G Security Compute Rating Competitor Average Barracudas F12 Cisco Meraki
    Z4
    SonicWall
    TZ270
    Watch Guard NV5
    Firewall (Gbps) 4.0 4x 1.0 1.2 0.5 2.0 0.4
    IPsec VPN (Gbps) 3.5 10x 0.4 0.2 0.3 0.8 0.2
    Threat Protection (Gbps) 0.5 1x 0.4 0.2 0.3 0.8 –
    Concurrent Sessions 600K 2x 301K 80K – 750K 73K
    Connections per Second 30K 4x 7.5K 8K – 6K 8.5K
    Power Efficiency FortiGate 30G Energy Savings Competitor Average Barracudas F12 Cisco Meraki
    Z4
    SonicWall
    TZ270
    Watch Guard NV5
    Max Power Consumption (Watts) 8.2 4x 29.5 45.0 42.0 18.9 12.0
    Watts/Gbps Firewall Throughput 2.3 41x 96.6 204.5 – 25.2 60.0
    Watts/Gbps IPsec VPN Throughput 16.4 7x 120.3 195.7 140.0 25.2 –
    • Threat protection performance is measured with firewall, IPS, application control and malware protection, and logging enabled.
    • The numbers for competitive solutions are based on publicly available sources. Other vendors may have different testing methodologies.
    • All power consumption values are taken from external data sheets and hardware system guides using maximum power consumption.
    • Performance information is sourced from vendor datasheets published as of February 5, 2025.

    Building a Strong Cybersecurity Platform Starts with the Firewall
    Fortinet was founded on the principle of converging networking and security into a unified cybersecurity platform anchored by a single operating system. The Fortinet Security Fabric is the result of more than two decades of relentless focus on the company’s platform vision to provide customers with end-to-end visibility, unified management, and automated threat intelligence sharing. All FortiGate NGFWs, including the FortiGate G series, seamlessly integrate into the Fortinet Security Fabric so customers can build a secure foundation to advance their overall security measures from adopting secure access service edge (SASE) solutions to enhancing security operations with FortiAI. Fortinet empowers organizations to evolve their cybersecurity strategy, ensuring comprehensive protection and operational efficiency at every stage of their journey.

    Additional Resources

    About Fortinet
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Innovator Launches QBF, a Bitcoin ETF Providing a 20% Floor* Against Losses with No Cap on the Upside

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Feb. 06, 2025 (GLOBE NEWSWIRE) — Innovator Capital Management, LLC (Innovator), pioneer and provider of the first and largest lineup of Defined Outcome ETFs™, today announced the launch of the Innovator Uncapped Bitcoin 20 Floor ETF® – Quarterly (QBF), the first ETF offering uncapped, risk-managed bitcoin exposure.

    Following the launch and record demand for spot bitcoin ETFs — coupled with a new presidential administration signaling greater friendliness towards crypto — investors and financial advisors are looking for opportunities to increase exposure to the emerging asset class, despite concerns of potentially large drops in investment value. QBF is designed to offer investors protection against losses greater than 20%* in bitcoin and uncapped upside with an 80% participation rate over a quarterly outcome period.

    Ticker QBF
    Name Innovator Uncapped Bitcoin 20 Floor ETF® – Quarterly
    Exposure Spot Bitcoin
    Downside Protection 20% Floor*
    Participation Rate 80% Participation Rate (uncapped)
    Outcome Period 3-Months
    Reference Asset Cboe Bitcoin U.S. ETF Index

    The Fund does not invest directly in bitcoin.

    Historically, bitcoin exhibits large swings in price movement — both to the upside and downside over quarterly timeframes. For example, in 2018, bitcoin experienced quarterly losses of 51% in the first quarter and 44% in the fourth quarter. More recently, bitcoin experienced its second worst quarterly loss during the second quarter of 2022, losing nearly 60% of its value. Conversely, bitcoin’s best calendar quarter returns for each year from 2019 to 2024 were 178%, 171%, 103%, 4%, 72%, and 67%. QBF seeks to provide investors with exposure to the upside volatility while mitigating the downside potential.

    “Many investors are intrigued by crypto’s outsized gains and are gravitating towards bitcoin but are wary of losing everything,” said Graham Day, CIO at Innovator. “We brought QBF to market as a solution for advisors who want to offer clients bitcoin’s upside potential while simultaneously capping downside losses. Bitcoin has historically offered an asymmetric return profile, and it was crucial that we not cap upside gains in our efforts to cap downside losses.”

    About Innovator Capital Management, LLC

    Innovator was established in 2017 by Bruce Bond and John Southard, founders of the PowerShares ETF lineup that has grown to be the fourth largest in the world. The listing of three Innovator Buffer ETFs™ in August 2018 marked the launch of the world’s first Defined Outcome ETFs™. Innovator is dedicated to providing ETFs with built-in risk management that offer investors a high level of predictability around their investment outcomes. Today, with more than 130 ETFs and $23 billion in AUM, Innovator is the industry’s leading provider of Defined Outcome ETFs™.

    Media Contact
    Frank Taylor / Stephanie Dressler
    innovator@dlpr.com
    (646) 808-3647

    * Before fees and expenses.

    There is no guarantee the Fund will achieve its investment objective. The Fund has characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see “Investor Suitability” in the prospectus.

    The Fund faces numerous market trading risks, including bitcoin risk, bitcoin ETP risk, Defined Outcome strategy risk, Floor risk, Participation Rate risk, Outcome Period risk, derivatives risk, position limits risk, correlation risk, management risk, market risk, investment in a subsidiary risk, market maker risk, non-diversification risk, operation risk, options risk, trading issues risk, upside participation risk, and valuation risk. For a detailed list of Fund risks see the prospectus.

    The Fund seeks to provide shareholders with investment results that participate in a percentage of any positive price returns of bitcoin (the “Participation Rate”) while pursuing a maximum loss of 20% of any bitcoin price return losses (the “Floor”), before fees and expenses, over the Outcome Period. The Fund provides exposure to bitcoin price returns by investing in FLEX Options that reference one or more exchange-traded products that hold bitcoin directly or that reference the Cboe Bitcoin U.S. ETF Index. The Cboe Bitcoin U.S. ETF Index is a modified market capitalization-weighted index that is designed to track the performance of a basket of bitcoin ETFs listed on U.S. exchanges. The Fund does not directly invest in bitcoin.

    The Fund will not participate in the entirety of gains experienced by the bitcoin price and Fund shareholders will forfeit any gains in the bitcoin price that exceed the Participation Rate. The Participation Rate should be considered before investing in the Fund.

    The Participation Rate is a result of the Fund’s sought-after downside protection and is dependent upon market conditions at the time the Fund enters into its FLEX Options for the Outcome Period and is likely to rise or fall from one Outcome Period to the next. It is possible that the Participation Rate in a subsequent Outcome Period could be substantially lower or higher than the current Participation Rate.

    The Fund will experience the losses of the bitcoin price on a one-to-one basis prior to the Floor. If the Outcome Period has begun and the Fund has increased in value, an investor purchasing shares at that price may experience additional losses prior to the Floor to the extent the price of Shares has appreciated since the commencement of the Outcome Period. An investment in the Fund is only appropriate for shareholders willing to bear those losses.

    The Outcomes may only be realized by investors who hold shares at the outset of the Outcome Period and continue to hold them until the conclusion of the Outcome Period. Investors that purchase shares after the Outcome Period has begun or sell shares prior to the Outcome Period’s conclusion may experience investment returns that are very different from those that the Fund seeks to provide. The Fund will not terminate after the conclusion of the Outcome Period. After the conclusion of the Outcome Period, another will begin. Fund returns for a single Outcome Period will be different than the Outcomes achieved by the Fund over multiple Outcome Periods. There is no guarantee that the Outcomes for an Outcome Period will be realized.

    Bitcoin Investing Risk. The further development of the Bitcoin Network and the acceptance and use of bitcoin are subject to a variety of factors that are difficult to evaluate. The value of bitcoin has been, and may continue to be, substantially dependent on speculation. The slowing, stopping or reversing of the development of the Bitcoin Network or the acceptance of bitcoin may adversely affect the price of bitcoin. Bitcoin is subject to the risk of fraud, theft, manipulation or security failures, operational or other problems that impact the digital asset trading venues on which bitcoin trades. The Bitcoin Blockchain may contain flaws that can be exploited by hackers. Cryptocurrency exchanges have stopped operating and have permanently shut down due to fraud, technical glitches, hackers, or malware. Cryptocurrencies operate without central authority, are not backed by any government, and may experience very high volatility.

    FLEX Options Risk. The Fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX Options may be less liquid than standard options. In a less liquid market for the FLEX Options, the Fund may have difficulty closing out certain FLEX Options positions at desired times and prices. The values of FLEX Options do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of reference asset.

    The Fund’s investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus and summary prospectus contain this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing.

    The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETFs®, Barrier ETF™, Buffer ETF™, Defined Income ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Defined Protection ETF™, Define Your Future®, Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETFs®, Managed Outcome ETFs®, Stacker ETF™, Step-Up™, Step-Up ETFs®, Target Protection ETF™, 100% Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management, LLC, its affiliates or licensors. Use of these terms is strictly prohibited without proper written authorization.

    Investing involves risks. Loss of principal is possible. Innovator ETFs are distributed by Foreside Fund Services, LLC.

    Copyright © 2025 Innovator Capital Management, LLC. All rights reserved.

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Applied Releases Commercial Lines Premium Rate Index Findings for Year-End and Q4 2024

    Source: GlobeNewswire (MIL-OSI)

    Toronto, ON., Feb. 06, 2025 (GLOBE NEWSWIRE) — Applied Systems® today announced the final quarter 2023 results of the Applied Commercial Index™, the Canadian insurance industry’s premium rate index. Overall, the magnitude of rate increases was down across all lines relative to average premium renewals in the same quarter last year with 5.02% in Q4 2024, down from 7.55% in Q4 2023. All lines of business saw decreases compared to the same quarter last year.

    Quarter over quarter, Q4 2024 results showed average renewal rate change decreased across all lines of the most commonly placed Commercial Lines categories, including Real Estate Property, Construction, Hospitality Services, and Retail Services, with the exception of Business and Professional Services which experienced a slight quarterly increase.

    Significant findings include:

    • Business and Professional Services: Q4 2024 premium renewal rate change average was 5.48%, up from the Q3 2024 average of 5.30%.
    • Construction, Erection, and Installation Services: Premium renewal rate change average was 4.78% for the quarter, down from the Q3 2024 average of 5.36%.
    • Hospitality Services: Q4 2024 premium renewal rate change average was 3.79%, down from the Q3 2024 average of 5.77%.
    • Real Estate Property: Premium renewal rate change average was 4.59% for the quarter, down from the Q3 2024 average of 5.32%.
    • Retail Services: Premium renewal rate change averaged 6.84%, down relative to the Q3 2024 average of 7.53%.

    “This quarter’s results demonstrate a continued softening of the commercial lines market as premium renewal rates decrease quarter over quarter and compared to the average of last year’s same quarter,” said Steve Whitelaw, senior vice president and general manager, Canada, Applied Systems. “As we enter 2025, we will continue to watch as macro trends, such as increased competition in the commercial lines market, continues to impact rates.” 

    Access the complete quarterly report here.

    # # #

     Applied Commercial Index is a trademark of Applied Systems, Inc. All data is fully anonymized when aggregating and analyzing the Applied Commercial Index.

    About Applied Systems
    Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Traliant elevates workplace safety with new training on psychological safety and workplace violence prevention for healthcare

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) — Traliant, a leader in online compliance training, today announced the launch of two new training courses designed to enhance workplace safety. Psychological Safety at Work and Workplace Violence Prevention for Healthcare empower employers to protect the physical and mental well-being of their employees, enabling them to perform at their best.

    “For employees to bring their best selves to work, they need to feel both psychologically and physically safe,” said Mike Dahir, CEO of Traliant. “Training in these critical areas helps reduce employee stress and fosters positive work environments where individuals feel valued and protected.”

    Organizations that prioritize psychological safety lay the groundwork for innovation, adaptability, and resilience in the face of change. Traliant’s Psychological Safety at Work training helps employees feel confident in expressing diverse viewpoints, challenging assumptions, and taking risks with new ideas — without fear of repercussions — encouraging creativity and innovation.

    Workplace safety is a pressing concern for healthcare workers, who are significantly more likely to experience workplace violence than those in other industries due to stressed patients, frustrated visitors and overwhelmed employees. Traliant’s Workplace Violence Prevention for Healthcare training equips healthcare professionals with the skills to recognize early warning signs of violence, de-escalate tense situations, and protect themselves and others.

    The healthcare course not only helps employers reduce physical and emotional harm to their workforce, but it also ensures compliance with regulatory requirements and industry standards. The course complies with the workplace violence prevention training requirements applicable to specific healthcare employers in Arizona, California, Louisiana, Minnesota, and Texas. Traliant also offers a California version designed to comply with California’s workplace violence prevention law (SB 533/Cal. Lab. Code 6401.9).

    To learn more about Traliant, visit: https://www.traliant.com/.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.

    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment training, diversity training, code of conduct training, and many more.  

    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn.

    Contact
    Reagan Bennet
    traliant@v2comms.com 

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Refinancing of floating rate loans – Totalkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen and the Press 
            

    Refinancing of floating rate loans

    The Nykredit Group has completed the auctions in connection with the refinancing of floating rate loans on 1 April 2025.

    The results of the auctions are shown below. The spreads will be in force until the next refinancing.

      Cibor-loan Cibor-loan Cibor-loan Euribor-loan
    ISIN DK000954829-9 DK000954810-9 DK000954802-6 DK000954799-4
    Reference rate Cibor3M Cibor3M Cibor3M Euribor3M
    Cover pool H (SDO) H (SDO) G (RO) H (SDO)
    Series 32H 32H 32G 32H
    Callable No No No No
    Interest rate cap No No No No
    Auction results        
    Total allotment DKK 11,900 mio. DKK 7,900 mio. DKK 4,600 mio. EUR 500 mio.
    Total bids DKK 21,035 mio. DKK 13,345 mio. DKK 13,195 mio. EUR 899 mio.
    Interest rate spread +0,17% +0,18% + 0,21% +0,54%
    Price 100,20 100,20 100,20 100,20
    Other information        
    Maturity 01-10-2028 01-10-2028 01-10-2027 01-04-2028

    Enquiries may be addressed to Group Treasury, Christian Mauritzen, tel. +45 44 55 10 14.

    Attachment

    • Refinancing of floating rate loans

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Refinancing of floating rate loans – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen and the Press 
           

    Refinancing of floating rate loans

    The Nykredit Group has completed the auctions in connection with the refinancing of floating rate loans on 1 April 2025.

    The results of the auctions are shown below. The spreads will be in force until the next refinancing.

      Cibor-loan Cibor-loan Cibor-loan Euribor-loan
    ISIN DK000954829-9 DK000954810-9 DK000954802-6 DK000954799-4
    Reference rate Cibor3M Cibor3M Cibor3M Euribor3M
    Cover pool H (SDO) H (SDO) G (RO) H (SDO)
    Series 32H 32H 32G 32H
    Callable No No No No
    Interest rate cap No No No No
    Auction results        
    Total allotment DKK 11,900 mio. DKK 7,900 mio. DKK 4,600 mio. EUR 500 mio.
    Total bids DKK 21,035 mio. DKK 13,345 mio. DKK 13,195 mio. EUR 899 mio.
    Interest rate spread +0,17% +0,18% + 0,21% +0,54%
    Price 100,20 100,20 100,20 100,20
    Other information        
    Maturity 01-10-2028 01-10-2028 01-10-2027 01-04-2028

    Enquiries may be addressed to Group Treasury, Christian Mauritzen, tel. +45 44 55 10 14.

    Attachment

    • Refinancing of floating rate loans

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Correction: Agillic A/S publishes preliminary results for 2024 and guidance for 2025 – date changed

    Source: GlobeNewswire (MIL-OSI)

    Announcement no. 02 2025
    Inside information

    Copenhagen – 6 February 2025 – Agillic A/S

    Correction: Date changed to 6 February 2025

    Preliminary results for 2024
    ARR from subscriptions is expected to be DKK 54.3m in 2024, which is 3% below the guidance of DKK 56-60m.
    ARR from transactions is expected to be DKK 11.2m in 2024, which is in line with the guidance of DKK 10-14m.
    Total ARR is therefore expected to be DKK 65.5m in 2024 compared to the guidance of DKK 66-74m.
    As a result of the development in revenue from subscriptions, total revenue is expected to be DKK 60.2m in 2024, which is 3% below the guidance of DKK 62–66m.
    EBITDA is expected to be DKK 1.0m, which is in line with the guidance of DKK 0-2m.

    2024 was a challenging year that led to a reorganisation, reductions in costs and staff, and a redefinition of company focus. In 2025, a new management team is in place focusing on improved sales in core markets, new product offerings and features, and a robust organization.

    Annual Report release
    Please note that figures referenced above are unaudited. The Annual Report 2024 is scheduled to be released on 25th February 2025 followed by a management presentation

    Guidance for 2025
    In 2025, revenue is expected to amount to DKK 60-63m (2024 prelim: DKK 60.2m) with an EBITDA of DKK 5-8m (2024 prelim: DKK 1.0m). ARR from subscriptions is expected to grow to DKK 56-60m (2024 prelim: DKK 54.3m). 

    Financial guidance 2025

    Revenue DKK 60-63m
    EBITDA DKK 5-8m
    ARR Subscriptions DKK 56-60m

    For further information, please contact:
    Christian Samsø, CEO
    +45 24 88 24 24
    Christian.samsoe@agillic.com

    Claus Boysen, CFO
    +45 28 49 18 46
    claus.boysen@agillic.com

    Certified Adviser
    HC Andersen Capital
    Pernille Friis Andersen

    Disclaimer
    The forward-looking statements regarding Agillic’s future financial situation involve factors of uncertainty and risk. which could cause actual developments to deviate from the expectations indicated. Statements regarding the future are subject to risks and uncertainties that may result in considerable deviations from the presented outlook. Furthermore. some of these expectations are based on assumptions regarding future events. which may prove incorrect. Please also refer to the overview of risk factors in the ‘risk management’ section of the annual report.

    About Agillic A/S
    Agillic A/S (Nasdaq First North Growth Market Denmark: AGILC) is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate, and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark. For further information, please visit agillic.com.  
      

    Published on 6 February 2025

    Attachment

    • Agillic CA_no 2 06022025

    The MIL Network –

    February 7, 2025
  • MIL-OSI Global: Congo’s stylish sapeur movement goes beyond fashion – 5 deeper insights

    Source: The Conversation – Africa – By Sylvie Ayimpam, Chercheur à l’IMAf et Chargée de cours, Aix-Marseille Université (AMU)

    In the two Congos, there’s a cultural movement by the Society of Ambience-Makers and Elegant People (Sape), known as “sapeurs”, who blend fashion, culture and social resistance. Though it was rooted primarily in the Democratic Republic of Congo (DRC) and the Republic of Congo, the movement is now spreading worldwide, through Congolese migration.

    As a researcher, I have studied Sape in its cultural, social and symbolic dimensions.

    Sape is far more than a fashion trend. Here are five key things to know about this movement.

    1. The history of Sape

    Sape emerged during the colonial era, first in Brazzaville and later in Leopoldville (now Kinshasa), when young Congolese began adopting and reinterpreting the clothing style of colonisers. This movement was not merely about fashion. It served as a way for people to express their self-worth and respectability in a context where it had been denied or diminished. Over time, it also became a subtle, yet powerful, form of resistance against colonial domination.

    This process continued after independence. It became a symbol of resistance to dictatorship, particularly under the regime of President Mobutu Sese Seko of Zaire (now DR Congo). He advocated for the rejection of western clothing in favour of traditional attire, but Sape persisted as a counter-cultural statement.

    The movement expanded to Europe with Congolese migration, in the 1970s and 1980s, where sapeurs reinterpreted European fashion — often incorporating vibrant colours and eccentric details — turning style into a tool of subversion. From the outset, it drew on diverse influences, including European culture, but transformed them to create a distinctly Congolese style.

    By adopting the clothes of the colonialists, young Congolese appropriated symbols of power and social status, while hijacking them to assert their own identity. Sape thus became a means of uplifting the value of Congolese culture under imposed cultural domination.

    2. The rules of Sape

    Sape is often compared to 19th-century European dandyism – a 19th-century fashion trend that emerged in England for men who aspired to refinement and elegance. Sapeurs, with their designer clothes, bold colours and preoccupation with sartorial elegance, embody a modern, African version of this tradition.

    For them, Sape is more than just a way of dressing. It is a philosophy based on several fundamental principles: an expression of identity, the quest for excellence or refinement and cultural and social resistance.

    “Sapology” imposes strict rules. These include respecting the colour trilogy – which stipulates that no outfit should feature more than three different colors (to ensure harmony and avoid discordant colour combinations), maintain rigorous clothing hygiene, and commit to constant elegance. For sapeurs, appearance is a powerful way to make an impression and stand out in an environment often defined by hardship.

    Elegance in dress isn’t just about wearing expensive clothes, it also extends to behaviour. Sapeurs have a particular attitude – they use sophisticated language and refined gestures, and maintain an attitude of courtesy and respect. Some of their public posturing echoes that of European dandies, like a specific gait, often slightly stooped with crisscrossing steps, used to highlight the details of their attire, such as clothing seams, shoes and socks. Their way of moving and speaking is just as important as the clothes they wear.

    This performative aspect makes Sape a true living spectacle. At gatherings of sapeurs, participants compete in elegance and creativity, strutting as if on a runway. This transforms the streets where they gather into an open stage where everyone can express themselves and showcase their style.

    3. Expansion via the diaspora

    The Sape movement isn’t confined to the streets of Brazzaville and Kinshasa. It has evolved into a global phenomenon, spreading first within the Congolese diaspora in Paris. It then expanded to other European cities where these migrants reside, such as Brussels. The movement has even reached American cities, like New York and Montreal.

    For Congolese living in western countries, Sape is a way of reconnecting with their roots and asserting their identity, in often challenging circumstances. It enables these members of the diaspora to create a positive identity at a time when discrimination and social precariousness are commonplace.

    In Europe’s major cities, Sape serves as a way to resist social invisibility. Congolese migrants, often pushed to the margins of society, use Sape to make themselves visible, drawing attention to their presence and asserting their place by wearing flamboyant costumes.

    Sape is therefore a form of social protest, a way of defying the expectations of the host society.

    4. The role of music

    A key factor in the success and global recognition of the Sape movement is its strong connection to Congolese popular music.

    Artists like Papa Wemba and Aurlus Mabélé have played crucial roles in promoting “the Sape”. They incorporated its aesthetic into their public personas and performances. In France and Belgium, Papa Wemba’s concerts became major events for the Congolese community. These concerts provided an opportunity to showcase and celebrate the Sape movement.

    Congolese popular music has served as a vehicle for spreading the Sape ideals, popularising this lifestyle as a symbol of success.

    Within the world of Congolese popular music, Sape has risen to the status of a religion – Kitendi, the “religion of fabric”. This religion has its pope, high priests, priests, priestesses, and countless devoted followers.

    Papa Wemba, often referred to as the “King of Sape”, was a charismatic figure who masterfully combined music and fashion to craft a powerful cultural identity. Every outfit he wore was meticulously selected to embody the elegance and prestige of Sape.




    Read more:
    Papa Wemba: musical king of the Society of Ambianceurs and Elegant People


    By wearing clothes from prestigious brands, Papa Wemba made Sape a symbol of success for many young Congolese. He also contributed to the export of Sape beyond African borders.

    5. Preserving the dignity of the poor

    Sape is marked by an interesting paradox: it combines luxury clothing and a flamboyant lifestyle with often precarious living conditions. For many sapeurs, elegance is a goal that takes precedence over material comfort. Sapeurs invest a large part of their income in designer clothes, sometimes to the detriment of their daily quality of life. This sacrifice is seen as necessary to maintain their status within the sapeur community.

    For sapeurs, visibility and recognition are paramount. An invisible “sapeur”, they say, ceases to be a “sapeur”. This highlights the movement’s complexity.

    Sapeurs view themselves as kings without crowns, street aristocrats who use their appearance to challenge conventional ideas of wealth and status. Through Sape, they subvert traditional social hierarchies, emphasising that elegance and personal worth are not solely tied to economic means. Instead, these qualities are defined by one’s ability to stand out through style, creativity and charisma.

    Sylvie Ayimpam does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Congo’s stylish sapeur movement goes beyond fashion – 5 deeper insights – https://theconversation.com/congos-stylish-sapeur-movement-goes-beyond-fashion-5-deeper-insights-246919

    MIL OSI – Global Reports –

    February 7, 2025
  • MIL-OSI Global: These 5 Super Bowl commercials deserve places in the advertising hall of shame

    Source: The Conversation – USA – By Matthew Pittman, Associate Professor of Advertising and Public Relations, University of Tennessee

    A true advertising face-plant happens when a commercial is both tone-deaf and completely forgettable. spxChrome/iStock via Getty Images

    What makes something a flop?

    Not the kind of flop that Kansas City Chiefs quarterback Patrick Mahomes is prone to do, but a flop in the world of advertising?

    Brands airing Super Bowl ads have a lot riding on their investments – roughly US$7 million for a 30-second spot for the 2025 big game. So there’s a lot of pressure to get things right.

    In my advertising classes, I often tell students that a commercial that’s controversial or disliked in the moment shouldn’t necessarily be considered a failure. In fact, enragement drives engagement. So if one of the goals of advertising is to keep the brand top of mind for consumers, a hated Super Bowl ad still accomplishes at least one goal. Think of the now-infamous Pepsi ad where Kendall Jenner “solves racism” with a can of Pepsi. Or all those raunchy GoDaddy ads that everyone rolled their eyes at, but the company kept running, year after year.

    Instead, a true advertising face-plant is an ad that’s both tone-deaf and completely forgettable – so dull, off-putting or confusing that when a brand completely switches up its strategy, you almost don’t remember the massive blunder that compelled it to change course in the first place. Almost.

    So with this definition in mind, here are my submissions for five of the biggest Super Bowl advertising flops.

    1. General Motors, 2007

    Should viewers care about a ‘depressed’ robot?

    A GM robot gets so depressed after getting fired that it jumps off a bridge to end its own existence.

    How endearing.

    The ad for the then-struggling automaker, which aired during Super Bowl 41 between the Indianapolis Colts and Chicago Bears, features a robot that struggles with depression and existential angst after learning its services are no longer needed on the assembly line.

    The robot questions its meaning and purpose and tries to combine dark humor and social commentary about the monotony of work and the inevitability of technological progress. But it ends up missing the mark for a few reasons.

    Suicide is pretty bleak for a Super Bowl spot, and mental health, in general, is a sensitive topic. There was little effort made to connect the spot to core GM brand values, which include inspiring “passion and loyalty” and “serving and improving communities.”

    Furthermore, the idea of robots having human emotions can be off-putting for many consumers – particularly at a time when many automotive and factory workers in the U.S. were rightly concerned about robots taking their jobs.

    2. Groupon, 2011

    The bizarre ad wasn’t funny and didn’t make much sense, either.

    Sometimes I try to imagine the meetings at ad agencies where ideas for clients are batted around:

    “We need to promote this new app that lets families get products like smoothies at slightly discounted prices.”

    “OK, how about this: It starts as a Tibetan tourism ad. Then it takes a dark turn and suggests that Tibet is about to be wiped off the map. That’s when our client’s product gets introduced: We tell viewers that before Tibetan culture goes extinct, they should try fish curry, like these 200 people in Chicago who saved $15 at a Himalayan restaurant using Groupon.”

    “Excuse me?”

    “Oh – and let’s have the narrator be a white guy with long sideburns.”

    I have no idea how this one avoided the cutting-room floor.

    3. Nationwide Insurance, 2015

    Another death on the docket.

    The insurance company used a strange mix of heartbreak and guilt-tripping to try to entice viewers to buy its policies during Super Bowl 49.

    The ad features a young boy narrating in a somber tone, listing all of the milestones he’ll miss because he’s dead: learning to ride a bike, travel the world, get married.

    The twist is that the cause of his death is an accident. That’s where Nationwide comes in: They offer life insurance to help offset tragedies. But wait – insurance doesn’t prevent tragedies. It merely provides compensation to “replace” what you lost. Both the morbid tone and twist were bizarre.

    Exploiting tragedies in advertisements is generally not going to win people over. I can’t imagine how it would feel to be a parent who’s lost a child and see this TV ad.

    4. Audi, 2020

    Everything everywhere all at once.

    Can a “Game of Thrones” star join forces with Disney while highlighting the importance of sustainability to create an ad for … Audi?

    In the minute-long spot, Masie Williams, who plays Arya Stark on “Game of Thrones,” belts out the lyrics to “Let It Go,” the hit single from Disney’s “Frozen.” As she drives, pedestrians join her in song. At the end of the ad, Audi announces that they are finally making an electric car.

    The ad seems to be about “letting go” of fossil fuel dependence – the gas sign yells it, car dealership yells it, mechanics yell it – almost two decades after the first major electric car hit the market.

    Was it meant to be empowering? Funny? Inspirational? It tried to do a little bit of everything, leaving viewers grasping and gasping. Not to mention the song “Let It Go” had come out seven years prior, which made the whole production seem even more dated.

    5. Just For Feet, 1999

    A company-cratering advertisement.

    Close your eyes.

    Imagine an ad that’s racist and confusing.

    Imagine an ad in which the main character is disappointed to receive the product being advertised.

    Imagine an ad so bad that the company sues the agency responsible for the ad because it destroyed their reputation and bankrupted them.

    Ladies and gentlemen, I give you Just For Feet’s “Kenyan Runner” Super Bowl ad.

    The ad depicts a barefoot Kenyan runner sprinting across a rugged landscape as a group of white men in military SUVs tracks him down as if on a hunting expedition.

    After they eventually catch him, they forcibly drug him by offering a mysterious beverage. The runner drinks it, collapses and wakes up to find that he is now wearing a pair of Just For Feet sneakers. He looks confused and distressed, as if he’d been violated.

    Bizarre and unsettling, indeed. Just For Feet filed for bankruptcy less than a year later.

    Matthew Pittman does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. These 5 Super Bowl commercials deserve places in the advertising hall of shame – https://theconversation.com/these-5-super-bowl-commercials-deserve-places-in-the-advertising-hall-of-shame-247756

    MIL OSI – Global Reports –

    February 7, 2025
  • MIL-OSI Global: The Eagles and Chiefs have already made Philadelphia and Kansas City economic winners

    Source: The Conversation – USA – By Michael Davis, Associate Professor of Economics, Missouri University of Science and Technology

    People celebrate following the Philadelphia Eagles’ NFC championship win on Jan. 26, 2025. Thomas Hengge/Anadolu via Getty Images

    If you live in the Philadelphia or Kansas City metro areas, congratulations: The fact that your city made it to the Super Bowl translates to about $200 extra in your pocket.

    That’s right – whether the Philadelphia Eagles or the Kansas City Chiefs win the big game on Feb. 9, both cities have scored an economic victory. Research shows that making the playoffs alone is enough to boost personal incomes in the region. And if your team wins, you and your city will get an even bigger boost.

    This windfall isn’t coming from increased merchandise sales, as you might expect. Instead, the key driver is happiness. A successful season lifts fans’ moods, which leads – indirectly – to greater spending and productivity.

    Why winning pays

    I’m a macroeconomist with an interest in sports economics, and my colleague Christian End of Xavier University is a psychologist who specializes in fan behavior. Together, we published two studies combining our areas of expertise: “A Winning Proposition: The Economic Impact of Successful NFL Franchises” and “Team Success, Productivity and Economic Impact.”

    In a study using data from the late 20th century and early 21st century, we found that when a team goes from zero to 11 wins – the typical number needed to make the playoffs – its home region sees an average per-person income rise by about US$200 over the year, adjusted for inflation. We also found that winning the Super Bowl was associated with a $33 bonus, again adjusted for inflation.

    When you multiply $200 by the 6 million people who live in the Philadelphia metropolitan area and the 2 million in the Kansas City region, it comes out to a whole lot of money overall.

    It’s about happiness, not jerseys

    If you’ve ever been to a Super Bowl parade, you might assume that the income boost is linked to people spending more on team-related merchandise. But research shows that professional sports teams usually have a small impact on local incomes.

    Even hosting the Super Bowl doesn’t seem to do that much: Our research shows that people are better off economically if their local team wins the Super Bowl than if their local area hosts one.

    So if people aren’t spending more directly on the team, something else must be going on. Our work pointed to two possible explanations – both having to do with happiness.

    First, we hypothesized that happier people tend to spend more. And when people spend more, that money is returned to the population through wages, so people’s incomes rise. The key here is that people are spending more on everything, not just things associated with the sports teams.

    Since the football season usually finishes in December, it could be that happy parents who are fans of the local NFL team are spending more on Christmas gifts for their kids. With the Super Bowl stretching later into the winter, loved ones might get nicer flower bouquets and more chocolate for Valentine’s Day when the local team wins the Super Bowl.

    Happy people – like Kansas City Chiefs coach Andy Reid, left, celebrating his team’s Super Bowl win on Feb. 11, 2024 – tend to spend more.
    Steph Chambers/Getty Images

    The other possible path is through increased productivity. Psychology research has found that happier people are more productive. So as the season progresses and the home team keeps winning, it stands to reason that people in the area will go into work happy and work harder.

    Previous research backs up this idea. For example, a 2011 study found that when the home team in Washington performs better, federal regulators are more productive. In places where private businesses dominate the local economy – which is to say, most of the rest of the U.S. – an increase in productivity would lead companies to be more profitable, which could lead to locals having higher earnings. Even nonfans see benefits when their neighbors are happier, spending more and working harder.

    No matter how the Super Bowl turns out, both the Philadelphia and Kansas City metropolitan areas have already won, as both fans and nonfans in each region stand to benefit from higher incomes.

    Michael Davis does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. The Eagles and Chiefs have already made Philadelphia and Kansas City economic winners – https://theconversation.com/the-eagles-and-chiefs-have-already-made-philadelphia-and-kansas-city-economic-winners-248289

    MIL OSI – Global Reports –

    February 7, 2025
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