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  • MIL-OSI Australia: Call for information – Escaped prisoner – Darwin

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force is seeking public assistance to locate a 33-year-old male, Mr Kris Cooper, who escaped from NT Corrections custody in Darwin earlier today.

    Mr Cooper fled from Corrections custody at the Darwin Watch House on Knuckey Street sometime between 3:30pm – 5pm. He was last seen in the Karama area at around 6:30pm travelling in a blue Great Wall utility vehicle with NT registration CF 69 NG.

    He is described as Aboriginal with a medium complexion, about 178cm tall with a medium build, and was last seen wearing a green shirt and blue shorts.

    Police do not believe he is a risk to the public but are urged not to approach him and to contact police immediately if sighted. 

    Anyone with information in relation to Mr Cooper’s whereabouts is urged to contact police on 131 444 quoting reference number P25036816, or to report anonymously via Crime Stoppers on 1800 333 000.

    MIL OSI News

  • MIL-OSI Security: Met officers make 14 arrests in crackdown on car crime in Bexley

    Source: United Kingdom London Metropolitan Police

    Met officers have made 14 arrests and recovered 14 stolen cars as part of a crackdown on car crime in Bexley.

    Officers have carried out increased patrols following concerns from residents about keyless car theft.

    It’s a growing crime type where offenders are able to access keyless vehicles using various techniques and devices depending on the make or model of the vehicle.

    Fast reporting led to officers making 14 arrests during the week of 20 January, including three men who were tracked down within minutes of unsuccessfully attempting to break into a car.

    Another four men were arrested following a pursuit by officers, which involved a car which had driven the wrong way down the A2.

    Sergeant Dave Catlow, one of the Met’s neighbourhood officers in south-east London, said:

    “We heard from people in Bexley that car crime was a significant concern and we’ve acted on that. We know it’s an issue and recognise the impact on the community.

    “We will continue to focus our resources on tackling the offences that matter most to Londoners by investing time in proactive operations. We’ve seen how this targeted approach is making a real difference.

    “We hold regular engagement with residents to prevent theft of vehicles, including reactive pop-ups in emerging target areas, hosting public meetings to display physical prevention measures and knocking on doors.”

    Of the 14 arrests, eight were linked to motor vehicle crime, two for driving under the influence of alcohol, and two for possession of Class A drugs with intent to supply.

    Alongside recovering 14 lost or stolen vehicles, officers were also able to seize another six vehicles which had been reported as stolen.

    “Across London, we’ve put an extra 500 officers and staff into neighbourhood policing and our relentless focus on tackling crime will continue.”

    When reporting car thefts, victims should report the crime as soon as possible to give officers the best chance of locating the vehicle. We urge the public to call 999 to report a crime in progress, or 101 to make a non-urgent report.

    Bexley Police’s X channel shares regular messaging which can help to keep people informed of emerging crime trends and stay safe from crime.

    The Metropolitan Police website has guidance on how to protect your vehicle, including keyless cars.

    MIL Security OSI

  • MIL-OSI Banking: Secretary-General of ASEAN has bilateral meeting with Ambassador of Chile to ASEAN

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today met with Ambassador of Chile to ASEAN, H.E. Mario Ignacio Artaza, at the ASEAN Headquarters/ASEAN Secretariat. They exchanged views on the ASEAN-Chile Development Partnership and ways to further substantiate cooperation, including the implementation of the ASEAN-Chile Development Partnership: Practical Cooperation Areas and Chile’s interest to accede to the Regional Comprehensive Economic Partnership Agreement (RCEP) Agreement.

    The post Secretary-General of ASEAN has bilateral meeting with Ambassador of Chile to ASEAN appeared first on ASEAN Main Portal.

    MIL OSI Global Banks

  • MIL-OSI Banking: Secretary-General of ASEAN receives visit by EU–ASEAN Business Council delegation

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today received a visit by a delegation from the EU-ASEAN Business Council, who are on a business mission to Indonesia, at the ASEAN Headquarters/ASEAN Secretariat. The meeting exchanged perspectives and discussed the role of private sectors in fostering the digital economy and accelerating sustainability within the ASEAN region. They underscored the critical role of private sector innovation and investment in driving these agendas, while exploring actionable pathways to deepen cooperation between ASEAN and European stakeholders.

    The post Secretary-General of ASEAN receives visit by EU–ASEAN Business Council delegation appeared first on ASEAN Main Portal.

    MIL OSI Global Banks

  • MIL-OSI United Kingdom: Statement: Foreign Office summons Russian Ambassador

    Source: United Kingdom – Government Statements

    The Russian Ambassador was summoned for a meeting to revoke the accreditation of a Russian diplomat

    A Foreign Office spokesperson said: 

    We have summoned the Russian Ambassador for a meeting with a senior British official to revoke the accreditation of a Russian diplomat. 

    This is in response to Russia’s unprovoked and baseless decision to strip the accreditation of a British diplomat in Moscow in November.

    The UK will not stand for intimidation of our staff in this way, and so we are taking reciprocal action. 

    Any further action taken by Russia will be considered an escalation and responded to accordingly.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 6 February 2025

    MIL OSI United Kingdom

  • MIL-OSI: Inter&Co Inc. Reports Highest Ever Net Income of R$973M in 2024

    Source: GlobeNewswire (MIL-OSI)

    BELO HORIZONTE, Brazil, Feb. 06, 2025 (GLOBE NEWSWIRE) — Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 36 million customers, today reported financial results for the fourth quarter of 2024.

    2024 Highlights:

    • Record Net Income of R$ 973 million in 2024, 3 times greater than 2023.
    • Total Net Revenue of R$ 6.4 billion, up 35% YoY, while Total Gross Revenues surpassed the mark of R$ 10 billion in 2024.
    • Net Interest Margin of 9.7% in 4Q24, up from 9.0% in the same period of 2023.
    • Net fee revenues of over R$ 2.0 billion, a 31% YoY growth, representing the strength of the platform effect.
    • Total clients grew to 36 million, with 20.6 million active clients and an activation rate of 57%.

    João Vitor Menin, Global CEO of Inter&Co commented:

    “Our story has been about innovation, delivering a superior financial super app with low-cost products, disrupting a traditional and inefficient industry. As a result, we have acquired over 36 million clients that are simplifying their financial lives by using our platform.”

    “In 2024, engagement continued to rise as we attracted a record 4.2 million active clients to our platform. This increased engagement fosters cross-selling among our seven verticals, generating a powerful network effect and enabling us to achieve remarkable results across all of them.”

    “As a result, we delivered a growing ROE of 11.7% in 2024 and finished the year with R$973 million in net income, greater than our entire historical profitability combined.”

    He added, “We entered 2025 with a strong balance sheet, one of the lowest costs of funding in the industry, a diversified credit portfolio, and asset quality metrics that continue to improve despite a more challenging scenario. I’m confident that our platform is exceptionally well positioned to continue succeeding in the years ahead.”

    Conference Call
    Inter&Co will discuss its 4Q2024 financial results on February 6th, 2024, at 11 a.m. ET (1 p.m. BRT). The webcast details, along with the earnings materials can be accessed on the company’s Investor Relations website at https://investors.inter.co/en/.

    About Inter&Co
    Inter&Co (NASDAQ: INTR) is the pioneer financial super app serving over 36 million consumers across the Americas. The Inter&Co ecosystem offers a broad array of services, including banking, investments, mortgages, credit, gift cards, and cross-border tools. The super app also boasts a dynamic marketplace, linking consumers with shopping discounts, cashback rewards, and exclusive access to marquee events across the globe. The company is expanding rapidly in the United States, as evidenced by its naming rights sponsorship of the Inter&Co Stadium that hosts soccer teams “Orlando City” and “Orlando Pride”. Focused on innovation and captivating member experiences, Inter&Co delivers comprehensive financial and lifestyle solutions to meet the evolving needs of modern consumers. For more information, visit: https://inter.co/en/us/.

    Investor Relations:
    Rafaela de Oliveira Vitória
    ir@inter.co

    Media Relations:
    Kaio Philipe
    kaio.philipe@inter.co

    Chemistry Agency
    interco@chemistryagency.com

    Disclaimer
    This report may contain forward-looking statements regarding Inter, anticipated synergies, growth plans, projected results and future strategies. While these forward-looking statements reflect our Management’s good faith beliefs, they involve known and unknown risks and uncertainties that could cause the company’s results or accrued results to differ materially from those anticipated and discussed herein. These statements are not guarantees of future performance. These risks and uncertainties include, but are not limited to, our ability to realize the number of projected synergies and the projected schedule, in addition to economic, competitive, governmental and technological factors affecting Inter, the markets, products and prices and other factors. In addition, this presentation contains managerial figures that may differ from those presented in our financial statements. The calculation methodology for these managerial numbers is presented in Inter’s quarterly earnings release. Statements contained in this report that are not facts or historical information may be forward looking statements under the terms of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may, among other things, beliefs related to the creation of value and any other statements regarding Inter. In some cases, terms such as “estimate”, “project”, “predict”, “plan”, “believe”, “can”, “expectation”, “anticipate”, “intend”, “aimed”, “potential”, “may”, “will/shall” and similar terms, or the negative of these expressions, may identify forward looking statements.

    These forward-looking statements are based on Inter’s expectations and beliefs about future events and involve risks and uncertainties that could cause actual results to differ materially from current ones. Any forward-looking statement made by us in this document is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether because of new information, future developments or otherwise. The definition of each such operational metric is included in the earnings release available on our Investor Relations website.

    For additional information that about factors that may lead to results that are different from our estimates, please refer to sections “Cautionary Statement Concerning Forward Looking Statements” and “Risk Factors” of Inter&Co Annual Report on Form 20-F. The numbers for our key metrics (Unit Economics), which include, among other, active clients and average revenue per active client (ARPAC), are calculated using Inter’s internal data. Although we believe these metrics are based on reasonable estimates, there are challenges inherent in measuring the use of our business. In addition, we continually seek to improve our estimates, which may change due to improvements or changes in methodology, in processes for calculating these metrics and, from time to time, we may discover inaccuracies and adjust to improve accuracy, including adjustments that may result in recalculating our historical metrics.

    About Non-IFRS Financial Measures
    To supplement the financial measures presented in this press release and related conference call, presentation, or webcast in accordance with IFRS, Inter&Co also presents non-IFRS measures of financial performance, as highlighted throughout the documents. The non-IFRS Financial Measures include, among others: Adjusted Net Income, Cost of Funding, Efficiency Ratio, Cost of Risk, Cards+PIX TPV, Gross ARPAC, Global Clients, Total Gross Revenues, and Return on average equity (ROE).

    A “non-IFRS financial measure” refers to a numerical measure of Inter&Co’s historical or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with IFRS in Inter&Co’s financial statements. Inter&Co provides certain non-IFRS measures as additional information relating to its operating results as a complement to results provided in accordance with IFRS. The non-IFRS financial information presented herein should be considered together with, and not as a substitute for or superior to, the financial information presented in accordance with IFRS. There are significant limitations associated with the use of non-IFRS financial measures. Further, these measures may differ from the non-IFRS information, even where similarly titled, used by other companies and therefore should not be used to compare Inter&Co’s performance to that of other companies.

    The MIL Network

  • MIL-OSI USA: Sols 4443-4444: Four Fours for February

    Source: NASA

    Earth planning date: Monday, Feb. 3, 2025
    Another successful weekend plan left us about 23 meters (about 75 feet) farther down our Mount Sharp Ascent Route (MSAR), with all our science data downlinked to Earth and the planet clocks aligned once more. We only have until 18:26 Pacific time to get this Monday’s plan uplinked (due to the Soliday over the weekend), and two full days of science to plan! 
    Our first sol science block starts at 12:06 local Gale Crater time, including a ChemCam long-distance RMI mosaic and a five-shot laser on bedrock. After ChemCam is done, Mastcam is planning 42 images, including ChemCam’s LIBS spots, some meteorite fragments, sand troughs between bedrock blocks, and interesting vein structures in our surrounding terrain. Navcam is planning to finish out that science block with a large dust devil survey. After our remote science wraps up, we’ve committed the hours between about 15:00 and 22:45 to our full contact science suite. Luckily, SRAP passed yet again and we took the opportunity to plan two targets — “San Rafael Hills” as our DRT target and “Allison Mine” as a potential meteorite target. 
    After a nice, long sleep our rover will wake up at 09:53 local Gale time and start another round of remote science to start the sol. This time ChemCam will shoot their laser at the potential meteorite and contact target Allison Mine, with Mastcam following up to document the spots. After one last 20-minute sweep of Texoli butte through Mastcam, it’s time to pack up and head back down the MSAR. Hopefully our drive goes well again and we’ll find ourselves about 36 meters (about 118 feet) away on Wednesday!
    Written by Natalie Moore, Mission Operations Specialist at Malin Space Science Systems

    MIL OSI USA News

  • MIL-OSI USA: Greene County Awarded $6.2 Million to Replace Poplar Springs Bridge

    Source: US Federal Emergency Management Agency

    Headline: Greene County Awarded $6.2 Million to Replace Poplar Springs Bridge

    Greene County Awarded $6.2 Million to Replace Poplar Springs Bridge

    The State of Tennessee and FEMA have approved $6.2 million to replace Greene County’s Poplar Bridge, which spans the Nolichucky River and was destroyed and submerged in the river when Tropical Storm Helene swept across Eastern Tennessee in late September.The nearly 10,000 square foot bridge, also known as Easterly Bridge, will be demolished and restored with funding from FEMA’s Public Assistance program. Work to be completed includes architectural and engineering design services that use best construction practices and applicable codes and standards.FEMA’s share for this project is $4,656,288; the nonfederal share is $1,552,096.The cost estimate was generated using FEMA’s Rapid Assessment with Public Infrastructure Data, which uses geospatial and aerial imagery as well as available Federal Highway Administration and State Department of Transportation data. The scope of work will be updated when the method of repair, surveys and assessments are completed. Property insurance coverage for road, road rights-of-way, embankment erosion, bridges or culvert damage represented on this project are not insured or insurable.Because Public Assistance is a cost-sharing program, FEMA reimburses state applicants 75% of the eligible costs of repairs to existing structures. The federal share is paid directly to the state to disburse to agencies, local governments and certain private nonprofit organizations that incurred those costs. The remaining 25% represents nonfederal funds.The Public Assistance program is FEMA’s largest grant program, providing funding to help communities responding to and recovering from major presidentially declared disasters or emergencies. Tropical Storm Helene swept across Tennessee Sept. 26-30, and the president approved a major disaster declaration on Oct. 2.
    kwei.nwaogu
    Thu, 02/06/2025 – 03:46

    MIL OSI USA News

  • MIL-OSI USA: Carter County Awarded $10.77 Million for Bridges Destroyed by Helene

    Source: US Federal Emergency Management Agency

    Headline: Carter County Awarded $10.77 Million for Bridges Destroyed by Helene

    Carter County Awarded $10.77 Million for Bridges Destroyed by Helene

    The State of Tennessee and FEMA have approved $10.77 million for emergency measures and the restoration of two Carter County bridges that cross the Elk River in Elizabethton. Both were destroyed when Tropical Storm Helene swept across Eastern Tennessee in late September. The two-lane bridges, both built in 1957, are each 230-foot-long and located about a mile apart along the winding Elk River. Known as the Poga Bridge, they were washed away by Helene’s floodwaters and will be restored with funding from FEMA’s Public Assistance program. The bridge replacement projects will follow best construction practices and meet applicable codes and standards.FEMA’s estimated share for each bridge replacement project is $3,504,046; the nonfederal share for each project is estimated at $1,168,015. Both Poga Bridges were also approved for an additional $1.07 million from FEMA for emergency protective measures taken during the response to Helene. The nonfederal share for that Category B Public Assistance funding was estimated at $358,427. Cost estimates were generated using FEMA’s Rapid Assessment with Public Infrastructure Data, which uses geospatial and aerial imagery as well as available Federal Highway Administration and State Department of Transportation data. Because Public Assistance is a cost-sharing program, FEMA reimburses state applicants 75% of the eligible costs of repairs to existing structures. The federal share is paid directly to the state to disburse to agencies, local governments and certain private nonprofit organizations that incurred those costs. The remaining 25% represents nonfederal funds.The Public Assistance program is FEMA’s largest grant program, providing funding to help communities responding to and recovering from major presidentially declared disasters or emergencies. Tropical Storm Helene swept across Tennessee Sept. 26-30, and the president approved a major disaster declaration on Oct. 2.
    kwei.nwaogu
    Thu, 02/06/2025 – 03:50

    MIL OSI USA News

  • MIL-OSI USA: State, FEMA Approve $9.77 Million to Replace Chestoa Pike Road Bridge

    Source: US Federal Emergency Management Agency

    Headline: State, FEMA Approve $9.77 Million to Replace Chestoa Pike Road Bridge

    State, FEMA Approve $9.77 Million to Replace Chestoa Pike Road Bridge

    The State of Tennessee and FEMA have approved $9.77 million to replace Unicoi County’s Chestoa Pike Road Bridge which straddles the Nolichucky River and was destroyed when floodwaters from Tropical Storm Helene swept across Eastern Tennessee in late September.Funding from FEMA’s Public Assistance program covers eligible costs to replace 13,451 square feet of the two-lane concrete bridge built in 1991, using best construction practices, modern means and methods, and Codes and Standards set by the American Association of State Highway and Transportation Officials.FEMA’s share for this project is $7,334,310; the nonfederal share is $2,444,770.The federal funding approved for the Chestoa Pike Road Bridge, which has four spans, is based on estimates derived from FEMA’s Rapid Assessment of Public Infrastructure Data. That process uses geospatial and aerial imagery as well as assessor information to develop an estimated cost for public infrastructure that was destroyed or damaged in a disaster. Because Public Assistance is a cost-sharing program, FEMA reimburses state applicants 75% of the eligible costs of repairs to existing structures. The federal share is paid directly to the state to disburse to agencies, local governments and certain private nonprofit organizations that incurred those costs. The remaining 25% represents nonfederal funds. The Public Assistance program is FEMA’s largest grant program, providing funding to help communities responding to and recovering from major presidentially declared disasters or emergencies. Tropical Storm Helene swept across Tennessee Sept. 26-30, and the president approved a major disaster declaration on Oct. 2.
    kwei.nwaogu
    Thu, 02/06/2025 – 03:41

    MIL OSI USA News

  • MIL-OSI USA: Rainy, Stormy Days in Queensland

    Source: NASA

    Starting in late January 2025, a slow-moving summer storm dropped copious rain along the northeastern coast of Queensland, Australia. A week later, rainfall totals totaled more than 100 centimeters (39 inches) in some areas, according to Australia’s Bureau of Meteorology (BoM).
    The rainfall was especially intense for several days along several hundred kilometers of the coast between Cairns and Ayr. The map above shows rainfall accumulation in a period of just over four days ending on February 4, 2025. The reddest areas are where rainfall totals during this period were the highest.
    These data are remotely sensed estimates that come from IMERG (the Integrated Multi-Satellite Retrievals for GPM), a product of the GPM (Global Precipitation Measurement) mission, and may differ from ground-based measurements. For instance, IMERG data are averaged across each pixel, meaning that rain-gauge measurements within a given pixel can be significantly higher or lower than the average.
    Ground-based measurements indicate that the city of Townsville saw the equivalent of six months of rain in just three days, according to BoM Queensland. The largest weekly rainfall total was measured at a gauge in the Cardwell Range, southwest of Tully, where almost 170 centimeters (67 inches) fell.
    Thousands of people evacuated as flooding threatened the region, according to news reports. The deluge isolated some communities, caused rivers and reservoirs to spill over their banks, and destroyed parts of a main highway. As of the morning of February 6, a major flood warning persisted along the Herbert River, meaning large areas were inundated. Watches and warnings remained in effect for more than a dozen other rivers.
    Tropical lows are common in northern Australia in February, during the region’s wet season. But this storm was especially slow and productive in terms of rain, with many areas breaking records for daily or multi-day totals.
    NASA Earth Observatory image by Michala Garrison, using IMERG data from the Global Precipitation Mission (GPM) at NASA/GSFC. Story by Kathryn Hansen.

    MIL OSI USA News

  • MIL-OSI USA: Reminder: Rental Requirement Begins March 1st for Direct Housing Participants

    Source: US Federal Emergency Management Agency

    Headline: Reminder: Rental Requirement Begins March 1st for Direct Housing Participants

    Reminder: Rental Requirement Begins March 1st for Direct Housing Participants

    LAHAINA, Maui – Wildfire survivors currently in FEMA’s Direct Housing Program will be required to begin paying rent on March 1, 2025. The rental requirement will be in effect for the remainder of FEMA’s housing assistance program, which has been extended through Feb. 10, 2026.  Participants in the program have received their 90-day, 60-day and 30-day notification letters regarding upcoming rent collection.The rental rate is based on the U.S. Department of Housing and Urban Development’s 2025 Fair Market Rent on Maui along with the household’s ability to pay. HUD Portal: FY 2025 Final Fair Market Rents Documentation System — Select GeographyHouseholds are encouraged to remain in touch with their recertification advisor who will work with them to determine a feasible rental rate. Occupants can appeal FEMA’s decision on their ability to pay rent. Although occupants have 60 days to appeal for rent reduction from the date they received the hand delivered 30-day notice of the rental requirement, it is highly encouraged to submit their appeal and supporting documents as soon as possible.FEMA strongly suggests that households submit their appeal as soon as possible in order to process the request prior to the March 1 start date. A delay in submitting appeal paperwork may prolong the rental decision process. In this case, households awaiting a final decision on their rental rate would be required to pay the full amount in rent until a decision is made. Once the decision has been made FEMA would refund the difference. FEMA remains committed to the continued recovery on Maui and will support wildfire survivors as they work towards their permanent housing solution.For the latest information on the Maui wildfire recovery efforts, visit mauicounty.gov, mauirecovers.org, fema.gov/disaster/4724 and Hawaii Wildfires – YouTube. Follow FEMA on social media: @FEMARegion9 and facebook.com/fema. 
    shannon.carley
    Wed, 02/05/2025 – 20:43

    MIL OSI USA News

  • MIL-OSI USA: NASA Brings Space to New Jersey Classroom with Astronaut Q&A

    Source: NASA

    Students from the Thomas Edison EnergySmart Charter School in Somerset, New Jersey, will have the chance to connect with NASA astronaut Nick Hague as he answers prerecorded science, technology, engineering, and mathematics (STEM) related questions from aboard the International Space Station.
    Watch the 20-minute space-to-Earth call at 11:10 a.m. EST on Tuesday, Feb. 11, on NASA+ and learn how to watch NASA content on various platforms, including social media.
    Media interested in covering the event must RSVP by 5 p.m., Thursday, Feb. 6, to Jeanette Allison at: oyildiz@energysmartschool.org or 732-412-7643.
    For more than 24 years, astronauts have continuously lived and worked aboard the space station, testing technologies, performing science, and developing skills needed to explore farther from Earth. Astronauts aboard the orbiting laboratory communicate with NASA’s Mission Control Center in Houston 24 hours a day through SCaN’s (Space Communications and Navigation) Near Space Network.
    Important research and technology investigations taking place aboard the space station benefit people on Earth and lay the groundwork for other agency missions. As part of NASA’s Artemis campaign, the agency will send astronauts to the Moon to prepare for future human exploration of Mars; inspiring Artemis Generation explorers and ensuring the United States continues to lead in space exploration and discovery.
    See videos and lesson plans highlighting space station research at:
    https://www.nasa.gov/stemonstation
    -end-
    Abbey DonaldsonHeadquarters, Washington202-358-1600Abbey.a.donaldson@nasa.gov
    Sandra Jones Johnson Space Center, Houston281-483-5111sandra.p.jones@nasa.gov

    MIL OSI USA News

  • MIL-OSI USA: NASA Invites Media to Learn about Spacecraft Autonomous Tech Firsts

    Source: NASA

    NASA’s Ames Research Center in Silicon Valley invites media to learn more about Distributed Spacecraft Autonomy (DSA), a technology that allows individual spacecraft to make independent decisions while collaborating with each other to achieve common goals – without human input. The DSA team achieved multiple firsts during tests of such swarm technology as part of the agency’s project. 
    DSA develops software tools critical for future autonomous, distributed, and intelligent spacecraft that will need to interact with each other to achieve complex mission objectives. Testing onboard the agency’s Starling mission resulted in accomplishments including the first fully distributed autonomous operation of multiple spacecraft, the first use of space-to-space communications to autonomously share status information between multiple spacecraft, and more. 
    DSA’s accomplishments mark a significant milestone in advancing autonomous systems that will make new types of science and exploration possible. 
    Caleb Adams, DSA project manager, is available for interview on Wednesday, Feb. 5 and Thursday, Feb. 6. To request an interview, media can contact the Ames Office of Communications by email at arc-dl-newsroom@nasa.gov or by phone at 650-604-4789.  
    Learn more about NASA Ames’ world-class research and development in aeronautics, science, and exploration technology at: 
    https://www.nasa.gov/ames
    -end- 
    Tiffany BlakeAmes Research Center, Silicon Valley 650-604-4789 tiffany.n.blake@nasa.gov  
    To receive local NASA Ames news, email local-reporters-request@lists.arc.nasa.gov with “subscribe” in the subject line. To unsubscribe, email the same address with “unsubscribe” in the subject line.  

    MIL OSI USA News

  • MIL-OSI USA: Wind Over Its Wing: NASA’s X-66 Model Tests Airflow

    Source: NASA

    NASA’s Sustainable Flight Demonstrator (SFD) project recently concluded wind tunnel tests of its X-66 semi-span model in partnership with Boeing. The model, designed to represent half the aircraft, allows the research team to generate high-quality data about the aerodynamic forces that would affect the actual X-66.
    Test results will help researchers identify areas where they can refine the X-66 design – potentially reducing drag, enhancing fuel efficiency, or adjusting the vehicle shape for better flying qualities.
    Tests on the Boeing-built X-66 semi-span model were completed at NASA’s Ames Research Center in California’s Silicon Valley in its 11-Foot Transonic Unitary Plan Facility. The model underwent tests representing expected flight conditions so the team could obtain engineering information to influence the design of the aircraft’s wing and provide data for flight simulators.

    Semi-span tests take advantage of symmetry. The forces and behaviors on a model of half an aircraft mirror those on the other half. By using a larger half of the model, engineers increase the number of surface pressure measurements. Various sensors were placed on the wing to measure forces and movements to calculate lift, drag, stability, and other important characteristics.
    The semi-span tests follow earlier wind tunnel work at NASA’s Langley Research Center in Hampton, Virginia, using a smaller model of the entire aircraft. Engineers will study the data from all of the X-66 wind tunnel tests to determine any design changes that should be made before fabrication begins on the wing that will be used on the X-66 itself.
    The SFD project is NASA’s effort to develop more efficient aircraft configurations as the nation moves toward aviation that’s more economically, societally, and environmentally sustainable. The project seeks to provide information to inform the next generation of single-aisle airliners, the most common aircraft in commercial aviation fleets around the world.  Boeing and NASA are partnering to develop the X-66 experimental demonstrator aircraft.

    MIL OSI USA News

  • MIL-OSI USA: Governor Newsom meets with President Trump and members of Congress from both sides of the aisle on disaster relief for LA firestorm survivors

    Source: US State of California 2

    Feb 5, 2025

    What you need to know: Governor Gavin Newsom traveled to Washington, DC to meet with President Trump and members of Congress — focusing on securing critical disaster aid for the survivors of the Los Angeles fires and ensuring impacted families who lost their homes and livelihoods have the support they need to rebuild and recover.

    WASHINGTON, DC — Today, Governor Gavin Newsom traveled to Washington, DC to meet with President Donald Trump, Republican and Democratic members of the California Delegation along with members of the U.S. Senate. The Governor was joined by Wade Crowfoot, the Secretary of the California Natural Resources Agency, who oversees key water and fire policy across the state.

    “As we approach one month since the devastating wildfires across Southern California, we continue to cut red tape to speed up recovery and clean up efforts as well as ensure rebuilding efforts are swift. We’re working across the aisle, as we always have, to ensure survivors have the resources and support they need. Thank you President Trump for coming to our communities to see this first hand and meeting with me today to continue our joint efforts to support people impacted.”

    Governor Gavin Newsom

    On Capitol Hill, Governor Newsom met with members of the California Delegation to discuss the importance of obtaining federal disaster relief for the survivors of last month’s LA firestorms, including Representatives Doug LaMalfa, Ken Calvert, Judy Chu, Brad Sherman, and George Whitesides.

    Afterward, Governor Newsom met with key Senate leaders: New Mexico Senator Martin Heinrich, Ranking Member of the Senate Committee on Energy and Natural Resources, Georgia Senator Rev. Raphael Warnock, and Washington Senator Patty Murray, Vice Chair of the Senate Appropriations Committee, who was joined by California Senators Alex Padilla and Adam Schiff.

    Building on meetings on Capitol Hill, Governor Newsom had a very productive meeting with President Trump at the White House to further discuss the critical need for unconditional disaster aid for survivors. This comes after the Governor met the President on the tarmac of LAX when President Trump toured the devastation as part of his first trip as President.

    During the meeting, the Governor raised the critical need for federal assistance to support recovery efforts and help impacted families rebuild, emphasizing the strong partnership between local, state and federal agencies all working together on the ground on response and recovery efforts. The Governor expressed his appreciation for the Trump Administration’s early collaboration and specifically thanked EPA Administrator Lee Zeldin for his agency’s swift action, including over 1,000 personnel on the ground focused on debris removal.

    The Governor continues to take action to support the survivors across Southern California – cutting red tape, providing key relief, and ensuring bolstered support for those in need. 

    Stay up to date on the Governor’s actions here.

    More details on next step here

    Press Releases, Recent News

    Recent news

    News What you need to know: Governor Newsom has taken unprecedented action to cut red tape and remove regulatory barriers to help Los Angeles recover and rebuild quickly – including by suspending CEQA and Coastal Act permitting requirements. LOS ANGELES — In response…

    News What you need to know: People impacted by the recent fires in Los Angeles may be eligible for new food benefits. A family of four with a monthly income up to $3,529 per month may be eligible to receive $975. Los Angeles, California – As part of California’s…

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Mark Tollefson, of Rancho Cordova, has been appointed Chief Deputy Director at the California High-Speed Rail Authority. Tollefson has been Undersecretary of the California State…

    MIL OSI USA News

  • MIL-OSI USA: NEWS RELEASE – Proof-of-Concept Study Report Completed on Proposed New Oʻahu Community Correctional Center

    Source: US State of Hawaii

    NEWS RELEASE – Proof-of-Concept Study Report Completed on Proposed New Oʻahu Community Correctional Center

    Posted on Feb 5, 2025 in Latest Department News, Newsroom

     

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    DEPARTMENT OF CORRECTIONS AND REHABILITATION

         KA ‘OIHANA HOʻOMALU KALAIMA A HOʻOPONOPONO OLA

         JOSH GREEN, M.D.

         GOVERNOR

         KE KIAʻĀINA

         TOMMY JOHNSON

         DIRECTOR

         KA LUNA HO‘OKELE

    PROOF-OF-CONCEPT STUDY REPORT COMPLETED ON PROPOSED

    NEW OʻAHU COMMUNITY CORRECTIONAL CENTER

     

    FOR IMMEDIATE RELEASE

    February 5, 2025

    HONOLULU — The University of Hawaiʻi Community Design Center (UHCDC) has completed its final proof-of-concept study report, “Breaking Cycles: Alternative Models for Rehabilitation and Restorative Justice on Oʻahu,” on the proposed new Oʻahu Community Correctional Center (OCCC).

    The report presents community visions and aspirations for the new jail and provides recommendations to improve the criminal justice system. The concepts are based on

    a multilayered collaboration with the Department of Corrections and Rehabilitation (DCR), the Hawaiʻi Correctional System Oversight Commission, Office of the Governor, residents, multiple community organizations and stakeholders.

    The DCR had contracted UHCDC to conduct wide-reaching independent research, community engagement and a design study on the proposed new jail.

    Built in 1916, the OCCC is the state’s largest jail. The jail in Kalihi is outdated and is not designed to provide programs. The facility is deteriorating, as parts of the jail are 111 years old.

    The planning process for a new jail started in 2016. The property where the existing animal quarantine station is situated in Hālawa is the proposed site for the new OCCC.

    Over a two-year period, UHCDC hosted numerous in-person and virtual community engagement events that include symposia, talk-story sessions, listening and co-design workshops. The group also attended ʻAiea Neighborhood Board and ʻAiea Community Association meetings, hosted listening workshops at Hālawa Correctional Facilty and participated in prison reform hui meetings.

    The 268-page report is an in-depth study that includes key concepts on system reform, facility planning and design elements for the new jail. Part of UHCDC’s extensive research included connecting with various counties in Arizona, California and Florida to gain insight into their reform processes to rehabilitate individuals, reduce recidivism, provide a continuum of care, inside and outside of corrections.

    UHCDC stated the report “outlines aspirations and visions that are crucial for inspiring and enabling transformation. We present this work as a contribution to that change, with gratitude, hope, and a firm belief that such transformation is not only possible but essential to our collective well-being.”

    Department of Corrections and Rehabilitation Director Tommy Johnson said, “We express our sincere gratitude to UHCDC for its excellent work on this report. The report will be an effective tool to help DCR complete the planning and design for the new OCCC, develop request for proposals and select a contractor to design the proposed new jail.”

    The DCR envisions the new jail to have multipurpose rooms for programs, use of natural light, outdoor recreation yard, wall murals and space for treatment rooms to support rehabilitative services for inmates. A new facility to include a gym, courtyard, dining room and lounge for staff to promote health and wellness is also part of that vision.

    DCR will be engaging with the feedback in the report to further guide the rehabilitation aims of the new facility.

    Cathi Ho Schar, director of the University of Hawaiʻi Community Design Center, said, “We thank the Department of Corrections and Rehabilitation for sponsoring this work and inviting us to lead this effort. We also offer our heartfelt appreciation to everyone who linked elbows with us and who shared their time and manaʻo with our team.”

    UHCDC’s work is an independent addition to the planning and design of the new OCCC. The purpose of the report is to help DCR with the development of the Request for Proposals (RFP) and to select a team to design and construct the new jail. UHCDC is not responsible for the development of the RFP.

    Please click on the following link to access the report: https://www.breaking-cycles-symposium.org.

    # # #

     

     

     

     

     

     

     

     

    Media Contacts:

    Rosemarie Bernardo

    Public Information Officer

    Hawai‘i Department of Corrections and Rehabilitation

    Office: 808-587-1358

    Cell: 808-683-5507

    Email: [email protected]

    Website: https://dcr.hawaii.gov

     

     

     

    MIL OSI USA News

  • MIL-OSI USA: 2025-15 AG NEWS RELEASE – ATTORNEY GENERAL LOPEZ AND 13 OTHER ATTORNEYS GENERAL ISSUE JOINT STATEMENT ON PROTECTING ACCESS TO GENDER-AFFIRMING CARE

    Source: US State of Hawaii

    2025-15 AG NEWS RELEASE – ATTORNEY GENERAL LOPEZ AND 13 OTHER ATTORNEYS GENERAL ISSUE JOINT STATEMENT ON PROTECTING ACCESS TO GENDER-AFFIRMING CARE

    Posted on Feb 5, 2025 in Latest Department News, Newsroom

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    DEPARTMENT OF THE ATTORNEY GENERAL

    KA ʻOIHANA O KA LOIO KUHINA

     

    JOSH GREEN, M.D.
    GOVERNOR

    KE KIAʻĀINA

     

    ANNE LOPEZ

    ATTORNEY GENERAL

    LOIO KUHINA

     

     

    ATTORNEY GENERAL LOPEZ AND 13 OTHER ATTORNEYS GENERAL ISSUE JOINT STATEMENT ON PROTECTING ACCESS TO GENDER-AFFIRMING CARE

     

    News Release 2025-15

     

    FOR IMMEDIATE RELEASE                                                       

    February 4, 2025

     

    HONOLULU –Attorney General Anne Lopez today joined a coalition of 14 attorneys general to reaffirm their commitment to protecting access to gender-affirming care in the face of the Trump Administration’s recent Executive Order. The coalition released the following statement: 

     

    “As state attorneys general, we stand firmly in support of healthcare policies that respect the dignity and rights of all people. Health care decisions should be made by patients, families and doctors, not by a politician trying to restrict freedoms. Gender-affirming care is essential, lifesaving medical treatment that supports individuals in living as their authentic selves.

     

    The Trump Administration’s recent Executive Order is wrong on the science and the law. Despite what the Trump Administration has suggested, there is no connection between “female genital mutilation” and gender-affirming care, and no federal law makes gender-affirming care unlawful. President Trump cannot change that by Executive Order.  

     

    Last week, attorneys general secured a critical win from a federal court that directed the federal government to resume funding that had been frozen by the Trump Administration. In response to the court’s order, the Department of Justice has sent a notice stating that “federal agencies cannot pause, freeze, impede, block, cancel, or terminate any awards or obligations on the basis of the OMB memo, or on the basis of the President’s recently issued Executive Orders.” This means that federal funding to institutions that provide gender-affirming care continues to be available, irrespective of President Trump’s recent Executive Order. If the federal administration takes additional action to impede this critical funding, we will not hesitate to take further legal action. 

     

    State attorneys general will continue to enforce state laws that provide access to gender-affirming care, in states where such enforcement authority exists, and we will challenge any unlawful effort by the Trump Administration to restrict access to it in our jurisdictions.” 

     

    Joining Attorney General Lopez in issuing this statement are the attorneys general of California, Colorado, Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, New Jersey, New York, Nevada, Rhode Island, Vermont and Wisconsin.

     

    # # #

     

    Media contacts:

    Dave Day

    Special Assistant to the Attorney General

    Office: 808-586-1284                                                  

    Email: [email protected]        

    Web: http://ag.hawaii.gov

     

    Toni Schwartz
    Public Information Officer
    Hawai‘i Department of the Attorney General
    Office:
    808-586-1252
    Cell: 808-379-9249
    Email:
    [email protected] 

    Web: http://ag.hawaii.gov

     

    MIL OSI USA News

  • MIL-OSI USA: DLNR News Release – HAWAI‘I WILDLIFE CONSERVATION/GAME BIRD STAMP CONTEST OPENS, Feb. 5, 2025

    Source: US State of Hawaii

    DLNR News Release – HAWAI‘I WILDLIFE CONSERVATION/GAME BIRD STAMP CONTEST OPENS, Feb. 5, 2025

    Posted on Feb 5, 2025 in Latest Department News, Newsroom

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    DEPARTMENT OF LAND AND NATURAL RESOURCES

     

    JOSH GREEN, M.D.
    GOVERNOR

     

    DAWN CHANG
    CHAIRPERSON

     

    HAWAI‘I WILDLIFE CONSERVATION/GAME BIRD STAMP CONTEST OPENS

     

    FOR IMMEDIATE RELEASE

    Feb. 5, 2025

     

    HONOLULU – Artists are invited to submit entries to the DLNR Division of Forestry and Wildlife (DOFAW) for the 2025-26 Hawaiʻi Wildlife Conservation and Game Bird Stamp annual art contest. The wildlife conservation stamp is a requirement for Hawai‘i state hunting licenses and the game bird stamp is required for anyone intending to hunt game birds. Both stamps will also be available to stamp collectors.

    Game Bird Stamp – Erckel’s Francolin (Pternistis erckelii). Native to Ethiopia and Sudan, the Erckel’s spurfowl was introduced to Hawaiʻi in 1957 as a game bird. At about 16 inches long, they are brown with white streaky spots and distinct chestnut-colored feathers on the top of their heads, with white throats. Often in upland dry grasslands, they scare easily and hide from view and prefer running away rather than flushing. Listen for their loud laughing cackle, especially in the morning. They are located on the islands of Hawaiʻi, Lānaʻi, Oʻahu, and Kaua‘i.

    Wildlife Conservation Stamp – Manu-o-Kū (White “Fairy” Tern) (Gygis alba), a Hawaiian urban-community forest bird. 2025 is the Year of Our Community Forests, collections of trees in the wao kanaka, or inland region where people  live, learn and play. Community forests include trees in our neighborhoods, yards, parks, schools and along our streets. They give us gathering places, shade, air to breathe, food to eat, wood for carving, leaves for weaving and flowers for lei.

    The Manu-o-Kū is a perfect representation of our native wildlife that utilizes the urban-community forests for habitat, breeding, nesting and rearing their young. Manu-o-Kū breed on oceanic islands, both on low-lying coralline sand islands and high volcanic islands. They do not build nests; eggs are laid on whatever suitable depression is found. Nest sites include volcanic pinnacles, cliffs, rocky slopes, large bushes or trees, as well as man-made structures.

    ENTRY REQUIREMENTS

     

    SETTING: Hawai‘i habitat

     

    SIZE: Completed painting with a maximum of 24” by 36” and unframed (to be reduced to 1” X 1.5” stamp)

     

    MEDIUM: Oil or acrylic preferred

     

    ENTRY: Completed oil or acrylic painting or an 8.5” X 11” photo/print/photocopy of a completed painting.

     

    DEADLINE: All entries must be received by April 05, 2025. Notification of the winner will be made later in April.

     

    SHIPPING FEE: All paintings sent must be accompanied by a $35.00 fee to cover the cost of returning the artwork. You must visit the Administration office to pick up your artwork if a check is not included. Checks are to be made payable to the DLNR. Otherwise, a photo, print, or photocopy of an original painting may be sent without fee (see application form).

    PAYMENTS: The winner will receive a maximum award of $1,000.

    Funds from Hawai‘i Wildlife Conservation Stamp sales go into the state Wildlife Revolving Fund to support wildlife populations and habitats and to manage the state’s hunting and non-game programs.

    Last year, revenues from both stamps were used to cover some of the costs of maintaining hunting units and to add game bird and game mammal hunting opportunities where possible. Proceeds from the sale of wildlife conservation stamps will also provide funds for salaries, the annual lease rental of the Lānaʻi Cooperative Game Management Area, and support wildlife diversity programs.

    # # #

     

    RESOURCES

    (All images/video courtesy: DLNR)

     

    HD video – Small Game Birds Put and Take, web feature (Nov. 24, 2021):

    https://vimeo.com/650077788?share=copy

     

    HD video – Small game birds put and take, media clips (Nov. 24, 2021):

    https://vimeo.com/649777485?share=copy

    Photographs – Small game bird releases Kuaokala Game Management Area (Nov. 24, 2021):

    https://www.dropbox.com/scl/fo/i5naci5zakhg1r8rw6acd/h?rlkey=7psw5565bo4oib3pgve1yrwqo&dl=0

    Information on the contest and application forms:

    DOFAW, 1151 Punchbowl St., Room 325, Honolulu, HI 96813 or at:

    https://dlnr.hawaii.gov/recreation/files/2025/01/FY25-26-Artist-Application.pdf

    Contest contacts:

    [email protected], 808-226-7757.

    [email protected], 808-347-6869.

     

    2025: Year of Our Community Forests

    https://dlnr.hawaii.gov/dofaw/trees/

     

     

    Media Contact: 

    Ryan Aguilar

    Communications Specialist

    Hawaiʻi Dept. of Land and Natural Resources

    Communications Office: 808-587-0396

    Email: [email protected]

    MIL OSI USA News

  • MIL-OSI: AMG Reports Financial and Operating Results for the Fourth Quarter and Full Year 2024

    Source: GlobeNewswire (MIL-OSI)

    Company reports EPS of $4.92, Economic EPS of $6.53 in the fourth quarter of 2024
    EPS of $15.13, Economic EPS of $21.36 for the full year 2024

    • New partnership with NorthBridge Partners, a private markets manager specializing in industrial logistics real estate assets
    • Net income (controlling interest) of $512 million, Economic Net Income (controlling interest) of $702 million
    • 10% full-year Economic Earnings per share growth reflects AMG’s ongoing strategic evolution and disciplined capital allocation strategy
    • Repurchased $700 million in common stock or approximately 13% of shares outstanding in 2024

    WEST PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) — AMG, a strategic partner to leading independent investment management firms globally, today reported its financial and operating results for the fourth quarter and year ended December 31, 2024.

    Jay C. Horgen, President and Chief Executive Officer of AMG, said:
    “AMG delivered record Economic Earnings per share in 2024; growth of 10% relative to the prior year reflected the ongoing evolution of our business and the positive impact of our disciplined capital allocation strategy.

    “In 2024, we continued to strategically evolve our business, increasing our exposure to alternatives, which further enhances our long-term growth prospects. AMG’s private markets Affiliates raised approximately $24 billion during the year, reflecting the ongoing demand for our Affiliates’ specialized strategies. Throughout the year we continued to invest our capital and resources alongside our Affiliates to develop new products for the U.S. wealth marketplace, including additional innovative alternative solutions across private markets and liquid alternatives.

    “This morning, we announced our investment in NorthBridge Partners, a leading vertically integrated real estate manager with excellent forward prospects, given its deep expertise and targeted investment strategy in last-mile logistics, a high-growth sector benefiting from the expanding digital economy and evolving supply chain dynamics. Our partnership with NorthBridge broadens AMG’s participation in private markets and underscores our focus on investing in areas of secular growth. AMG’s proven ability to magnify the competitive advantages of partner-owned firms, while also preserving their independence, continues to differentiate AMG’s partnership model and is highly valued by prospective Affiliates.

    “Our execution across each element of our growth strategy, including investing in new Affiliate partnerships, investing in our existing Affiliates, and investing in AMG’s capabilities to magnify our Affiliates’ success, is driving the evolution of our distinctive business profile. Given AMG’s proven strategic capabilities and 30-year track record of successful partnerships, our opportunities to invest in growth are expanding. With our ample financial flexibility and disciplined capital allocation framework, we enter 2025 in an excellent position to continue executing on our strategy, and create meaningful incremental shareholder value over time.”

    FINANCIAL HIGHLIGHTS Three Months Ended   Years Ended
    (in millions, except as noted and per share data) 12/31/2023   12/31/2024   12/31/2023   12/31/2024
    Operating Performance Measures              
    AUM (at period end, in billions) $ 672.7     $ 707.9     $ 672.7     $ 707.9  
    Average AUM (in billions)   648.1       717.3       660.3       700.5  
    Net client cash flows (in billions)   (6.1 )     (8.3 )     (29.2 )     (13.9 )
    Aggregate fees   1,560.9       1,509.2       5,066.6       5,236.0  
    Financial Performance Measures              
    Net income (controlling interest) $ 196.2     $ 162.1     $ 672.9     $ 511.6  
    Earnings per share (diluted)(1)   5.15       4.92       17.42       15.13  
    Supplemental Performance Measures(2)              
    Adjusted EBITDA (controlling interest) $ 296.2     $ 281.7     $ 935.7     $ 973.1  
    Economic net income (controlling interest)   242.9       205.8       717.8       701.6  
    Economic earnings per share   6.86       6.53       19.48       21.36  
                                   

    For additional information on our Supplemental Performance Measures, including reconciliations to GAAP, see the Financial Tables and Notes.

    Capital Management
    During the fourth quarter of 2024, the Company repurchased approximately $120 million in common stock, bringing full-year share repurchases to approximately $700 million. The Company also announced a fourth-quarter cash dividend of $0.01 per share of common stock, payable March 4, 2025 to stockholders of record as of the close of business on February 18, 2025.

    About AMG
    AMG (NYSE: AMG) is a strategic partner to leading independent investment management firms globally. AMG’s strategy is to generate long‐term value by investing in high-quality independent partner-owned firms, through a proven partnership approach, and allocating resources across AMG’s unique opportunity set to the areas of highest growth and return. Through its distinctive approach, AMG magnifies its Affiliates’ existing advantages and actively supports their independence and ownership culture. As of December 31, 2024, AMG’s aggregate assets under management were approximately $708 billion across a diverse range of private markets, liquid alternative, and differentiated long-only investment strategies. For more information, please visit the Company’s website at www.amg.com.

             

    Conference Call, Replay and Presentation Information
    A conference call will be held with AMG’s management at 8:30 a.m. Eastern time today. Parties interested in listening to the conference call should dial 1-877-407-8291 (U.S. calls) or 1-201-689-8345 (non-U.S. calls) shortly before the call begins.

    The conference call will also be available for replay beginning approximately one hour after the conclusion of the call. To hear a replay of the call, please dial 1-877-660-6853 (U.S. calls) or 1-201-612-7415 (non-U.S. calls) and provide conference ID 13750674. The live call and replay of the session and a presentation highlighting the Company’s performance can also be accessed via AMG’s website at https://ir.amg.com/.

    Financial Tables Follow

    ASSETS UNDER MANAGEMENT – STATEMENTS OF CHANGES (in billions)
     
      Alternatives   Differentiated Long-Only  
    BY STRATEGY – QUARTER TO DATE Private Markets
      Liquid
    Alternatives

        Equities
      Multi-Asset &
    Fixed Income
      Total
     
    AUM, September 30, 2024 $ 131.2   $ 135.3     $ 345.9   $ 116.0   $ 728.4  
    Client cash inflows and commitments   5.6     8.9       10.2     5.2     29.9  
    Client cash outflows   (0.1 )   (7.3 )     (25.8 )   (5.0 )   (38.2 )
    Net client cash flows   5.5     1.6       (15.6 )   0.2     (8.3 )
    Market changes   (0.2 )   3.5       (2.5 )   0.4     1.2  
    Foreign exchange   (0.5 )   (3.1 )     (6.3 )   (1.3 )   (11.2 )
    Realizations and distributions (net)   (0.7 )   (0.2 )     (1.3 )   (0.1 )   (2.3 )
    Other   0.1     3.6       (4.0 )   0.4     0.1  
    AUM, December 31, 2024 $ 135.4   $ 140.7     $ 316.2   $ 115.6   $ 707.9  
      Alternatives   Differentiated Long-Only  
    BY STRATEGY – YEAR TO DATE Private Markets
      Liquid
    Alternatives

        Equities
      Multi-Asset &
    Fixed Income
      Total
     
    AUM, December 31, 2023 $ 114.8   $ 124.0     $ 329.4   $ 104.5   $ 672.7  
    Client cash inflows and commitments   23.7     27.5       38.1     22.1     111.4  
    Client cash outflows   (0.2 )   (25.6 )     (80.2 )   (19.3 )   (125.3 )
    Net client cash flows   23.5     1.9       (42.1 )   2.8     (13.9 )
    New investments   0.7               0.7     1.4  
    Market changes   0.4     10.6       41.4     8.7     61.1  
    Foreign exchange   (0.3 )   (0.8 )     (4.6 )   (1.2 )   (6.9 )
    Realizations and distributions (net)   (4.4 )   (0.5 )     (1.4 )   (0.3 )   (6.6 )
    Other   0.7     5.5       (6.5 )   0.4     0.1  
    AUM, December 31, 2024 $ 135.4   $ 140.7     $ 316.2   $ 115.6   $ 707.9  
     
    CONSOLIDATED STATEMENTS OF INCOME
     
        Three Months Ended
    (in millions, except per share data)   12/31/2023   12/31/2024
    Consolidated revenue   $ 502.7     $ 524.2  
             
    Consolidated expenses:        
    Compensation and related expenses     244.5       238.8  
    Selling, general and administrative     84.8       98.4  
    Intangible amortization and impairments     10.8       7.3  
    Interest expense     31.4       35.2  
    Depreciation and other amortization     3.0       4.0  
    Other expenses (net)     9.6       8.8  
    Total consolidated expenses     384.1       392.5  
             
    Equity method income (net)(3)     125.7       124.5  
    Affiliate Transaction gains(4)            
    Investment and other income     29.8       17.5  
    Income before income taxes     274.1       273.7  
             
    Income tax expense     29.8       52.6  
    Net income     244.3       221.1  
             
    Net income (non-controlling interests)     (48.1 )     (59.0 )
    Net income (controlling interest)   $ 196.2     $ 162.1  
             
    Average shares outstanding (basic)     33.7       30.1  
    Average shares outstanding (diluted)     41.3       36.0  
             
    Earnings per share (basic)   $ 5.83     $ 5.39  
    Earnings per share (diluted)(1)   $ 5.15     $ 4.92  
     
    RECONCILIATIONS OF SUPPLEMENTAL PERFORMANCE MEASURES(2)
     
        Three Months Ended
    (in millions, except per share data)   12/31/2023   12/31/2024
    Net income (controlling interest)   $ 196.2     $ 162.1  
    Intangible amortization and impairments     39.9       30.5  
    Intangible-related deferred taxes     12.8       15.3  
    Affiliate Transactions(4)            
    Other economic items     (6.0 )     (2.1 )
    Economic net income (controlling interest)   $ 242.9     $ 205.8  
             
    Average shares outstanding (adjusted diluted)     35.4       31.5  
    Economic earnings per share   $ 6.86     $ 6.53  
             
    Net income (controlling interest)   $ 196.2     $ 162.1  
    Interest expense     31.4       35.2  
    Income taxes     34.5       54.9  
    Intangible amortization and impairments     39.9       30.5  
    Affiliate Transactions(4)            
    Other items     (5.8 )     (1.0 )
    Adjusted EBITDA (controlling interest)   $ 296.2     $ 281.7  
     
    See Notes for additional information.
    CONSOLIDATED STATEMENTS OF INCOME
     
        Years Ended
    (in millions, except per share data)   12/31/2023   12/31/2024
    Consolidated revenue   $ 2,057.8     $ 2,040.9  
             
    Consolidated expenses:        
    Compensation and related expenses     907.5       915.3  
    Selling, general and administrative     358.2       376.5  
    Intangible amortization and impairments     48.3       29.0  
    Interest expense     123.8       133.3  
    Depreciation and other amortization     13.0       13.4  
    Other expenses (net)     45.8       40.3  
    Total consolidated expenses     1,496.6       1,507.8  
             
    Equity method income (net)(3)     280.0       312.7  
    Affiliate Transaction gains(4)     133.1        
    Investment and other income     117.1       77.4  
    Income before income taxes     1,091.4       923.2  
             
    Income tax expense     185.3       182.6  
    Net income     906.1       740.6  
             
    Net income (non-controlling interests)     (233.2 )     (229.0 )
    Net income (controlling interest)   $ 672.9     $ 511.6  
             
    Average shares outstanding (basic)     35.1       31.1  
    Average shares outstanding (diluted)     42.2       36.1  
             
    Earnings per share (basic)   $ 19.18     $ 16.45  
    Earnings per share (diluted)(1)   $ 17.42     $ 15.13  
     
    RECONCILIATIONS OF SUPPLEMENTAL PERFORMANCE MEASURES(2)
     
        Years Ended
    (in millions, except per share data)   12/31/2023   12/31/2024
    Net income (controlling interest)   $ 672.9     $ 511.6  
    Intangible amortization and impairments     128.5       149.2  
    Intangible-related deferred taxes     57.3       61.9  
    Affiliate Transactions(4)     (122.1 )      
    Other economic items     (18.8 )     (21.1 )
    Economic net income (controlling interest)   $ 717.8     $ 701.6  
             
    Average shares outstanding (adjusted diluted)     36.8       32.8  
    Economic earnings per share   $ 19.48     $ 21.36  
             
    Net income (controlling interest)   $ 672.9     $ 511.6  
    Interest expense     123.8       133.3  
    Income taxes     185.2       187.9  
    Intangible amortization and impairments     128.5       149.2  
    Affiliate Transactions(4)     (162.7 )      
    Other items     (12.0 )     (8.9 )
    Adjusted EBITDA (controlling interest)   $ 935.7     $ 973.1  
     
    See Notes for additional information.
    CONSOLIDATED BALANCE SHEETS
     
        Years Ended
    (in millions)   12/31/2023   12/31/2024
    Assets        
    Cash and cash equivalents   $ 813.6     $ 950.0  
    Receivables     368.4       409.7  
    Investments     941.9       595.6  
    Goodwill     2,523.6       2,504.9  
    Acquired client relationships (net)     1,812.4       1,777.8  
    Equity method investments in Affiliates (net)     2,288.5       2,246.6  
    Fixed assets (net)     67.3       57.6  
    Other assets     243.9       288.7  
    Total assets   $ 9,059.6     $ 8,830.9  
             
    Liabilities and Equity        
    Payables and accrued liabilities   $ 628.5     $ 639.1  
    Debt     2,537.5       2,620.2  
    Deferred tax liability (net)     463.8       520.5  
    Other liabilities     466.3       402.4  
    Total liabilities     4,096.1       4,182.2  
             
    Redeemable non-controlling interests     393.4       350.5  
    Equity:        
    Common stock     0.6       0.6  
    Additional paid-in capital     741.4       733.1  
    Accumulated other comprehensive loss     (167.6 )     (163.6 )
    Retained earnings     6,389.6       6,899.8  
          6,964.0       7,469.9  
    Less: treasury stock, at cost     (3,376.1 )     (4,124.6 )
    Total stockholders’ equity     3,587.9       3,345.3  
    Non-controlling interests     982.2       952.9  
    Total equity     4,570.1       4,298.2  
    Total liabilities and equity   $ 9,059.6     $ 8,830.9  
    Notes
       
    (1) Earnings per share (diluted) adjusts for the dilutive effect of the potential issuance of incremental shares of our common stock.
       
      We assume the settlement of all of our Redeemable non-controlling interests using the maximum number of shares permitted under our arrangements. The issuance of shares and the related income acquired are excluded from the calculation if an assumed purchase of Redeemable non-controlling interests would be anti-dilutive to diluted earnings per share.
       
      We are required to apply the if-converted method to our outstanding junior convertible securities when calculating Earnings per share (diluted). Under the if-converted method, shares that are issuable upon conversion are deemed outstanding, regardless of whether the securities are contractually convertible into our common stock at that time. For this calculation, the interest expense (net of tax) attributable to these dilutive securities is added back to Net income (controlling interest), reflecting the assumption that the securities have been converted. Issuable shares for these securities and related interest expense are excluded from the calculation if an assumed conversion would be anti-dilutive to diluted earnings per share.
       
      The following table provides a reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per share:
          Three Months Ended   Years Ended
      (in millions)   12/31/2023   12/31/2024   12/31/2023   12/31/2024
      Numerator                
      Net income (controlling interest)   $ 196.2   $ 162.1   $ 672.9   $ 511.6
      Income from hypothetical settlement of Redeemable non-controlling interests, net of taxes     12.9     11.7     49.0     20.5
      Interest expense on junior convertible securities, net of taxes     3.4     3.4     13.4     13.4
      Net income (controlling interest), as adjusted   $ 212.5   $ 177.2   $ 735.3   $ 545.5
      Denominator                
      Average shares outstanding (basic)     33.7     30.1     35.1     31.1
      Effect of dilutive instruments:                
      Stock options and restricted stock units     1.7     1.4     1.7     1.7
      Hypothetical issuance of shares to settle Redeemable non-controlling interests     4.2     2.8     3.7     1.6
      Junior convertible securities     1.7     1.7     1.7     1.7
      Average shares outstanding (diluted)     41.3     36.0     42.2     36.1
    (2) As supplemental information, we provide non-GAAP performance measures of Adjusted EBITDA (controlling interest), Economic net income (controlling interest), and Economic earnings per share. We believe that many investors use our Adjusted EBITDA (controlling interest) when comparing our financial performance to other companies in the investment management industry. Management utilizes these non-GAAP performance measures to assess our performance before our share of certain non-cash GAAP expenses primarily related to the acquisition of interests in Affiliates and to improve comparability between periods. Economic net income (controlling interest) and Economic earnings per share are used by management and our Board of Directors as our principal performance benchmarks, including as one of the measures for determining executive compensation. These non-GAAP performance measures are provided in addition to, but not as a substitute for, Net income (controlling interest), Earnings per share, or other GAAP performance measures. For additional information on our non-GAAP measures, see our most recent Annual and Quarterly Reports on Form 10-K and 10-Q, respectively, which are accessible on the SEC’s website at www.sec.gov.
       
      Adjusted EBITDA (controlling interest) represents our performance before our share of interest expense, income and certain non-income based taxes, depreciation, amortization, impairments, gains and losses related to Affiliate Transactions, and non-cash items such as certain Affiliate equity activity, gains and losses on our contingent payment obligations, and unrealized gains and losses on seed capital, general partner commitments, and other strategic investments. Adjusted EBITDA (controlling interest) is also adjusted to include realized economic gains and losses related to these seed capital, general partner commitments, and other strategic investments.
       
      Under our Economic net income (controlling interest) definition, we adjust Net income (controlling interest) for our share of pre-tax intangible amortization and impairments related to intangible assets (including the portion attributable to equity method investments in Affiliates) because these expenses do not correspond to the changes in the value of these assets, which do not diminish predictably over time. We also adjust for deferred taxes attributable to intangible assets because we believe it is unlikely these accruals will be used to settle material tax obligations. Further, we adjust for gains and losses related to Affiliate Transactions, net of tax, and other economic items. Other economic items include certain Affiliate equity activity, gains and losses related to contingent payment obligations, tax windfalls and shortfalls from share-based compensation, unrealized gains and losses on seed capital, general partner commitments, and other strategic investments, and realized economic gains and losses related to these seed capital, general partner commitments, and other strategic investments.
       
      Economic earnings per share represents Economic net income (controlling interest) divided by the Average shares outstanding (adjusted diluted). In this calculation, we exclude the potential shares issued upon settlement of Redeemable non-controlling interests from Average shares outstanding (adjusted diluted) because we intend to settle those obligations without issuing shares, consistent with all prior Affiliate equity purchase transactions. The potential share issuance in connection with our junior convertible securities is measured using a “treasury stock” method. Under this method, only the net number of shares of common stock equal to the value of the junior convertible securities in excess of par, if any, are deemed to be outstanding. We believe the inclusion of net shares under a treasury stock method best reflects the benefit of the increase in available capital resources (which could be used to repurchase shares of our common stock) that occurs when these securities are converted and we are relieved of our debt obligation.
       
      The following table provides a reconciliation of Average shares outstanding (adjusted diluted):
          Three Months Ended   Years Ended
      (in millions)   12/31/2023     12/31/2024     12/31/2023     12/31/2024  
      Average shares outstanding (diluted)   41.3     36.0     42.2     36.1  
      Hypothetical issuance of shares to settle Redeemable non-controlling interests   (4.2 )   (2.8 )   (3.7 )   (1.6 )
      Junior convertible securities   (1.7 )   (1.7 )   (1.7 )   (1.7 )
      Average shares outstanding (adjusted diluted)   35.4     31.5     36.8     32.8  
    (3) The following table presents equity method earnings and equity method intangible amortization and impairments, which in aggregate form Equity method income (net):
       
          Three Months Ended   Years Ended
      (in millions)   12/31/2023   12/31/2024   12/31/2023   12/31/2024
      Equity method earnings   $ 158.3     $ 150.1     $ 375.6     $ 442.7  
      Equity method intangible amortization and impairments     (32.6 )     (25.6 )     (95.6 )     (130.0 )
      Equity method income (net)   $ 125.7     $ 124.5     $ 280.0     $ 312.7  
    (4) The following table presents the impact of the completion of our previously announced sales of our equity interests in Veritable, LP to a third party in the third quarter of 2023, and Baring Private Equity Asia to EQT AB (EQT), a public company listed on Nasdaq Stockholm (EQT ST), in the fourth quarter of 2022, pursuant to which we received ordinary shares of EQT:
     
          Three Months Ended   Years Ended
      (in millions)   12/31/2023   12/31/2024   12/31/2023   12/31/2024  
      Affiliate Transaction gain   $     $     $ 133.1     $  
      Investment and other income – Realized gains on EQT shares                 29.6        
      Affiliate Transactions, pre-tax                 162.7        
      Income taxes                 (40.6 )      
      Affiliate Transactions, after-tax   $     $     $ 122.1     $  
     

    Forward-Looking Statements and Other Matters

    Certain matters discussed in this press release issued by Affiliated Managers Group, Inc. (“AMG” or the “Company”) may constitute forward-looking statements within the meaning of the federal securities laws. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, our financial results, our liquidity and capital resources, and other non-historical statements. You can identify these forward-looking statements by the use of words such as “outlook,” “guidance,” “believes,” “expects,” “potential,” “preliminary,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “projects,” “positioned,” “prospects,” “intends,” “plans,” “estimates,” “pending investments,” “anticipates,” or the negative version of these words or other comparable words. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including changes in the securities or financial markets or in general economic conditions, the availability of equity and debt financing, competition for acquisitions of interests in investment management firms, uncertainties relating to closing of pending investments or transactions and potential changes in the anticipated benefits thereof, the investment performance and growth rates of our Affiliates and their ability to effectively market their investment strategies, the mix of Affiliate contributions to our earnings, and other risks, uncertainties, and assumptions, including those described under the section entitled “Risk Factors” in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Such factors may be updated from time to time in our periodic filings with the SEC. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments, or otherwise, except as required by applicable law.

    This release does not constitute an offer of any products, investment vehicles, or services of any AMG Affiliate.

    From time to time, AMG may use its website as a distribution channel of material Company information. AMG routinely posts financial and other important information regarding the Company in the Investor Relations section of its website at www.amg.com and encourages investors to consult that section regularly.

    Investor and Media Relations
    Patricia Figueroa
    +1 (617) 747-3300
    ir@amg.com
    pr@amg.com

    The MIL Network

  • MIL-OSI: Descartes Showcases Global Trade Intelligence Technology Innovations

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, Feb. 06, 2025 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to showcase numerous technology innovations to its global trade intelligence software suite at Descartes’ Innovation Forum event, which takes place in Washington, DC from February 11-12, 2025. Innovations to Descartes’ solution suite help companies in diverse industries manage the cross-border trade of merchandise, commodities and services more securely and efficiently in the face of expanding compliance requirements, geopolitical volatility, and evolving tariffs and trade barriers.

    “The current environment of ever-changing and complex trade regulations is challenging to manage. Our solutions and trade data help simplify how our customers’ teams conduct business while helping them mitigate risk,” said Brian Hodgson, General Manager, Trade Intelligence at Descartes. “Our technology innovations are focused on helping companies build more agile, intelligent and resilient supply chain networks that allow them to keep pace with frequent and complex tariff and regulatory changes, secure better sources of supply, and acquire high quality competitive intelligence.”

    Descartes’ global trade intelligence innovation and enhancements include:

    • Artificial Intelligence (AI)-enabled screening and classification to scale compliance operations. AI-driven screening for restricted, sanctioned and denied parties quarantines low-quality false positives and identifies when additional due diligence is required. AI-driven import/export classification accelerates product lookup capabilities in combination with other features such as regulations cross-referencing and landed cost calculations. Both innovations help companies more efficiently access and manage high volume, repetitive tasks without overloading existing compliance resources or adding new staff.
    • AI-based agent to speed complex global trade intelligence queries. Converse in multiple languages with an AI-based agent to answer common questions; quickly identify historical trade patterns, emerging trends, or specific data needs (e.g., commodities, companies, products); and receive text- and/or graph-based responses. This helps users define searches more precisely, ensuring they extract the most relevant global trade data and that it’s presented effectively. It makes global trade data content more accessible and actionable, while minimizing the training time required to build proficiency in developing optimal queries.
    • Expanded global trade content offerings to simplify more wholistic risk assessments. Combining traditional Harmonized System (HS)-based trade data content with both optional experience-based content, such as previously classified products, and timely innovative-based content, such as legislation and/or regulations, provides companies with a broader content ecosystem to facilitate efficient and effective risk assessment associated with product, party or shipment compliance.
    • Enhanced analytics to generate insights and inform strategic, evidence-based decision making. Advanced Microsoft Power BI-based analytics aggregates data from screening applications and other sources (e.g., visitor management, license management, other operational systems) to provide a single reporting view. Companies no longer need to rely on complicated integrations between applications to access sophisticated analytics that provide useful insight into their compliance activities, particularly in large enterprises.
    • Expanded capabilities to manage increasing export controls and complexities around export license management. Expanded set of East Asian countries for compliance checks and license determinations, in addition to enhanced workflows and data sharing capabilities for very complex controlled goods businesses (e.g., aerospace and defense), which help companies better manage compliance with local laws, international agreements and security protocols.

    Learn more about Descartes’ Global Trade Intelligence solutions.

    Descartes’ Innovation Forum events offer a unique opportunity for Descartes customers and United by Design partners worldwide to connect with the Descartes team. These forums aim to share best practices in using Descartes’ technologies, explore ways to enhance operations with Descartes’ expanding solutions, and gather valuable feedback on product development. More information on the Global Trade Intelligence event is available here.

    About Descartes

    Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

    Global Media Contact
    Cara Strohack                                                                     
    Tel: 226-750-8050                                 
    cstrohack@descartes.com  

    Cautionary Statement Regarding Forward-Looking Statements

    This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ global trade intelligence solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

    The MIL Network

  • MIL-OSI: YieldMax™ Launches Its First 0DTE ETF YieldMax™ S&P 500 0DTE Covered Call Strategy ETF (SDTY)

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, MILWAUKEE and NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) — YieldMax™ announced the launch today of its first YieldMax™ 0DTE Covered Call Strategy ETF:

    YieldMax™ S&P 500 0DTE Covered Call Strategy ETF (Nasdaq: SDTY)

    SDTY Overview

    SDTY is an actively managed ETF that utilizes a synthetic covered call strategy designed to generate weekly income while also providing exposure to the price return of the S&P 500 (“the Index”). SDTY generates income primarily by utilizing zero days to expiry (“0DTE”) options on an Index and/or passively managed ETFs (“Index ETFs”) that tracks the Index’s performance.

    SDTY’s Option Strategy

    SDTY employs a synthetic covered call strategy by selling and purchasing call options on the Index or Index ETFs. Each business day, typically at market open, the Fund sells out-of-the-money (OTM) call options with zero days to expiration (“0DTE”), which expire the same day they are sold. OTM options have a strike price above the current Index value. SDTY’s synthetic covered call strategy is established by combining the call options sold to generate income with buying call options for exposure to the Index.

    SDTY’S Return Profile and Index Performance

    SDTY earns income by selling out-of-the-money 0DTE call options daily. The premiums from these options add to income but limit participation in Index gains. If the Index rises past the strike price, losses on sold options can offset gains. This strategy balances income generation with limited Index upside exposure while premiums can help mitigate losses if the Index declines.

    SDTY Distribution Schedule

    SDTY is the first member of the YieldMax™ ETF 0DTE family and like all YieldMax™ ETFs, SDTY aims to generate income to investors. With respect to distributions, SDTY aims to make distributions on a weekly basis and its first weekly distribution is expected to be announced on February 19, 2025.

    Why Invest in SDTY?

    • SDTY seeks to generate weekly income which is not dependent on the value of its Index (or ETFs that track the Index’s performance).
    • SDTY aims to participate in a portion of the Index gains which may be capped.

    Important Information

    Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about each Fund, visit our website at www.YieldMaxETFs.com. Read the prospectus or summary prospectus carefully before investing.

    There is no guarantee that any Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment in any such Fund.

    Tidal Financial Group is the adviser for all YieldMax™ ETFs.

    THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

    Risk Disclosures

    Investing involves risk. Principal loss is possible.

    Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other Index (or ETFs that track the Index’s performance)holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary Index (or ETFs that track the Index’s performance) securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Index (or ETFs that track the Index’s performance) Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high Index (or ETFs that track the Index’s performance) turnover rate increases transaction costs, which may increase the Fund’s expenses.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way.

    YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group or YieldMax™ ETFs.

    © 2025 YieldMax™ ETFs

    The MIL Network

  • MIL-OSI: Bitmaster Revolutionizes Crypto Trading with AI and MCS Token Integration

    Source: GlobeNewswire (MIL-OSI)

    SEOUL, South Korea, Feb. 06, 2025 (GLOBE NEWSWIRE) — Bitmaster, an advanced cryptocurrency trading platform, is transforming digital asset trading through AI-driven automation and MCS token integration. By combining real-time analytics with automated trading strategies, Bitmaster provides a more efficient, secure, and accessible trading environment for both beginners and professional traders.

    Bitmaster leverages AI-based trading signals to analyze the market and execute automated trades, allowing users to seize real-time opportunities while minimizing risks. Additionally, MCS tokens offer benefits such as reduced transaction fees, automated trading functionality, staking rewards, and access to premium trading tools, enhancing the overall user experience.

    New users can enjoy a 3-day free premium membership trial and receive 10 MCS tokens, allowing them to explore the platform’s various features. Premium features include Signal Master and Auto Master, which enhance trading precision. Signal Master provides trading signals for Bitcoin futures, supporting users with accurate trading strategies. Auto Master, which is currently under development, will enable automated trading based on Signal Master’s insights. Additionally, within the app, users can participate in the Up & Down Prediction Game, where they predict Bitcoin futures price movements (UP or DOWN). Successful predictions reward users with 1.9 times the MCS amount wagered. The 10 MCS tokens received can also be sent to LBank for trading or converted to USDT for withdrawal.

    Bitmaster is focusing on enhancing liquidity, improving market accessibility, and strengthening its presence in the global cryptocurrency ecosystem. To achieve this, the company is expanding strategic partnerships and collaborating with leading global exchanges to provide diverse fiat on-ramp options and region-specific trading solutions. Additionally, Bitmaster is increasing accessibility by offering multi-language support and localized customer service to better serve its global user base. These initiatives ensure that users can trade in a seamless and secure environment through trusted exchange partnerships.

    Bitmaster operates various user-centric incentive programs to encourage active participation and trading. MCS airdrops provide additional benefits to both new and existing users, driving engagement within the platform. This encourages continuous trading activity, allowing users to earn more rewards within the Bitmaster ecosystem. Additionally, promotional campaigns offer extra benefits, ensuring long-term user retention. Incentives such as MCS airdrops, referral programs with up to 30% commission, and ICO bonuses of up to 40% play a crucial role in increasing user engagement and supporting the platform’s sustained growth.

    Bitmaster continues to set new standards in AI-driven innovation and blockchain technology, driving automation and data-driven trading. As the platform evolves, it aims to deliver an intuitive, efficient, and rewarding trading experience for global users, solidifying its leadership in the cryptocurrency trading industry.

    For more details: https://buly.kr/Ezi4D52

    Contact Information

    Company Name: Bitmaster
    Contact Person: Evelyn
    Contact Person Title: Contents Manager
    Email: mr.mcs@bitmaster.pro
    Phone Number: +82 1039824189
    Company Website: https://bitmaster.pro/

    Disclaimer: This press release is provided by Bitmaster. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered as financial, investment, or trading advice. Investing in cloud mining and related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.

    Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/efe81893-9e0b-4e13-8c27-8d4e63bce156

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3288772b-ccfb-4ab2-aff0-17d97f476168

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5f212ffe-9120-4f2e-aa45-9eed813dcb99

    The MIL Network

  • MIL-OSI: Nokia Bell Labs celebrates 100 years of pioneering innovations, shaping the past, present and future

    Source: GlobeNewswire (MIL-OSI)

    Press Release 

    Nokia Bell Labs celebrates 100 years of pioneering innovations, shaping the past, present and future

    • Over the last century, Nokia’s award-winning industrial research arm whose inventions of the transistor, solar cell and laser laid the groundwork for the digital age and paved a path to the internet.
    • Today, it continues to chart new paths in space communications, quantum, artificial intelligence, foundational technologies and sensing to address humanity’s most pressing challenges.

    6 February 2025
    Murray Hill, New Jersey – Nokia’s renowned industrial research arm behind the invention of the transistor, the solar cell, the laser and countless more, Nokia Bell Labs, is celebrating its centennial in 2025, marking 100 years of groundbreaking discoveries and innovations that blazed the trail for the digital age and pushed the boundaries of what’s possible.

    Nishant Batra, Chief Strategy and Technology Officer at Nokia, said: “The last century would be unrecognizable without Nokia Bell Labs. We established the foundations for modern communications, computing and the internet, setting the standard for the telecommunications industry, with a profound impact on people and communities worldwide. Our legacy is embedded in every bit within the billions of terabytes that flow through global networks each year and our dedicated researchers are tirelessly working on the groundbreaking innovations that will shape the future.”

    Over the past 100 years, Nokia Bell Labs researchers have made revolutionary discoveries in radio astronomy, semiconductors, Information Theory and cellular communications that have driven U.S. and global innovation and laid the groundwork for the digital age​. These breakthroughs and many others have resulted in 10 Nobel Prizes and five Turing Awards, as well as three Emmys, two Grammys and an Academy Award.

    Today, its legacy lives on in wavelengths, wires and bits as it charts new paths in space communications, quantum, artificial intelligence, foundational technologies and sensing that address humanity’s most pressing challenges. Nokia Bell Labs is setting world-record optical speeds to meet the insatiable global demand for high-speed communication, deploying cellular networks that will underpin sustained human presence on the Moon and beyond, and conducting industry-leading 6G research that will fuse the physical, digital and human worlds.

    Peter Vetter, President of Bell Labs Core Research at Nokia, said: “At Nokia Bell Labs, we don’t just follow trends, we create them. Our researchers focus on solving hard problems that have a real human need in order to come up with the next big thing. From pioneering concepts for 6G and world-firsts in fiber technology to innovations in sensing and understanding that fuses the physical, digital and human worlds, we are redefining how we perceive the world around us and augmenting our capabilities.”​

    Thierry E. Klein, President of Bell Labs Solutions Research at Nokia, said: “For the last 100 years, Nokia Bell Labs has been​ harnessing the extraordinary imaginations ​of our researchers​ to push the boundaries of what is possible and create transformative real-world solutions. In our next century, we are delivering the communication building blocks here on Earth as well as for a rapidly growing space economy that underpins sustained human presence on the Moon – and beyond.”

    Leveraging Nokia Bell Labs’ pioneering technology, Nokia helps propel society, industry and the environment toward a more sustainable future — expanding possibilities and redefining how we live, work and care for our planet.

    ​ 
    Nokia Bell Labs will be hosting celebrations and events at its locations around the world in 2025, follow the latest at https://www.nokia.com/bell-labs/100/.

    Resources and additional information
    Webpage: Nokia
    Webpage: 100 years of Bell Labs
    Blog: Nokia Bell Labs celebrates 100 years of innovation and looks ahead to another century of discovery
    Image Library: Nokia Bell Labs Centennial
    Video: Nokia Bell Labs Centennial

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

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

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

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
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    The MIL Network

  • MIL-OSI: Sylogist Declares Quarterly Dividend

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Feb. 06, 2025 (GLOBE NEWSWIRE) — Sylogist Ltd. (TSX:SYZ) (“Sylogist” or the “Company”), a leading public sector SaaS company, is pleased to announce that its Board of Directors has declared a dividend of $0.01 per share on Sylogist’s common shares to shareholders of record on February 28th, 2025, payable on March 12th, 2025.

    All dividends paid by Sylogist to holders of common shares in the capital of the Company will be treated as eligible dividends pursuant to the Income Tax Act (Canada).

    About Sylogist
    Sylogist provides mission-critical SaaS solutions to over 2,000 public sector customers globally across the government, nonprofit, and education verticals. The Company’s stock is traded on the Toronto Stock Exchange under the symbol SYZ. Information about Sylogist, inclusive of full financial statements together with Management’s Discussion and Analysis, can be found at www.sylogist.com or at www.sedarplus.ca.

    For further information contact:

    Sujeet Kini, Chief Financial Officer
    Sylogist Ltd.

    (416) 491-8004
    ir@sylogist.com

    The MIL Network

  • MIL-OSI: Manhattan Bridge Capital, Inc. Declares Quarterly Dividend

    Source: GlobeNewswire (MIL-OSI)

    GREAT NECK, N.Y., Feb. 06, 2025 (GLOBE NEWSWIRE) — Manhattan Bridge Capital, Inc. (NASDAQ: LOAN) announced today that its board of directors has declared a quarterly dividend of $0.115 per share to be paid to all shareholders of record on April 8, 2025. The dividend will be paid on April 15, 2025.

    The MIL Network

  • MIL-OSI: Talen Energy to Report Full Year and Fourth Quarter 2024 Financial Results on February 27, 2025

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Feb. 06, 2025 (GLOBE NEWSWIRE) — Talen Energy Corporation (“Talen”) (NASDAQ: TLN) plans to release its full year and fourth quarter 2024 financial results on Thursday, February 27, 2025, after market close. President and Chief Executive Officer Mac McFarland and Chief Financial Officer Terry Nutt will discuss the financial and operating results during an earnings call at 4:30 p.m. EST (3:30 p.m. CST) on February 27, 2025.

    To listen to the earnings call, please register in advance for the webcast here. For participants joining the call via phone, please register here prior to the start time to receive dial-in information. For those unable to participate in the live event, a digital replay of the earnings call will be archived for approximately one year and available on Talen’s Investor Relations website at https://ir.talenenergy.com/news-events/events.

    About Talen
    Talen Energy (NASDAQ: TLN) is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own and operate approximately 10.7 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, with our generation fleet principally located in the Mid-Atlantic and Montana. Our team is committed to generating power safely and reliably, delivering the most value per megawatt produced and driving the energy transition. Talen is also powering the digital infrastructure revolution. We are well-positioned to capture this significant growth opportunity, as data centers serving artificial intelligence increasingly demand more reliable, clean power. Talen is headquartered in Houston, Texas. For more information, visit https://www.talenenergy.com/.

    Investor Relations:
    Ellen Liu
    Senior Director, Investor Relations
    InvestorRelations@talenenergy.com

    Media:
    Taryne Williams
    Director, Corporate Communications
    Taryne.Williams@talenenergy.com

    Forward-Looking Statements
    This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this communication, or incorporated by reference into this communication, are forward-looking statements. Throughout this communication, we have attempted to identify forward-looking statements by using words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecasts,” “goal,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” or other forms of these words or similar words or expressions or the negative thereof, although not all forward-looking statements contain these terms. Forward-looking statements address future events and conditions concerning, among other things capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources and accounting matters. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication. All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations, and are subject to numerous factors that present considerable risks and uncertainties.

    The MIL Network

  • MIL-OSI: CareCloud Achieves Industry-Leading Security and Compliance Attestation, Uniquely Positioned to Grow Among Large Healthcare Enterprises

    Source: GlobeNewswire (MIL-OSI)

    SOC 2 Type 2 Attestation Positions CareCloud Among a Select Group of less than 10% of all EHR Vendors

    SOMERSET, N.J., Feb. 06, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare technology and AI-driven solutions, today announced that it has successfully completed a SOC 2 Type 2 examination for the second consecutive year, receiving a clean report with no exceptions. The examination scope of the Healthcare IT systems, performed by an independent CPA firm, covered security, availability, processing integrity, and confidentiality. This accomplishment underscores the Company’s commitment to the highest standards of data security, privacy, and regulatory compliance—critical for healthcare providers, especially larger enterprises such as health systems and hospital networks.

    “Our ability to achieve a clean SOC 2 Type 2 report for the second consecutive year is a testament to the strength of our security infrastructure and our commitment to protecting sensitive healthcare data,” said A. Hadi Chaudhry, Co-CEO of CareCloud. “As we continue to advance our AI-driven solutions and cloud-based platform, maintaining the highest level of security and compliance remains a top priority. This examination reinforces our dedication to delivering innovative technology that meets the stringent requirements of enterprise healthcare organizations.”

    Successfully completing the SOC 2 Type 2 examination affirms that the Company has maintained rigorous security controls and operational effectiveness across its cloud-based platform. This milestone aligns the Company for continued expansion into larger client bases, including health systems, multi-specialty group practices, and enterprise-level healthcare organizations that demand robust security and compliance frameworks.

    “We’re excited to be in a select group of an estimated 10% of all EHR vendors who have achieved this important attestation,” said Stephen Snyder, Co-CEO of CareCloud. “With this attestation, we are uniquely positioned for further expansion across larger healthcare enterprises who typically require a SOC 2 Type 2 attestation. As we continue to scale our offerings to meet the needs of larger and more complex organizations, completing this examination with a clean report distinguishes us among our competitors and demonstrates our ability to support enterprise clients with confidence and reliability.”

    As CareCloud expands its AI-driven solutions, revenue cycle management (RCM) services, and electronic health record (EHR) offerings to larger healthcare organizations, this attestation solidifies its ability to meet the evolving security and compliance needs of health systems and enterprise clients.

    About CareCloud

    CareCloud brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health at www.carecloud.com.

    To listen to video presentations by CareCloud’s management team, read recent press releases and view our latest investor presentation, please visit https://ir.carecloud.com.

    Follow CareCloud on LinkedIn, X and Facebook.

    Forward-Looking Statements

    This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could,” “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “forecasts,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

    Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of pandemics on our financial performance and business activities, and the expected results from the integration of our acquisitions.

    These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

    The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

    SOURCE CareCloud

    Company Contact:
    Norman Roth
    Interim Chief Financial Officer and Corporate Controller
    CareCloud, Inc.
    nroth@carecloud.com

    Investor Contact:
    Stephen Snyder
    Co-Chief Executive Officer
    CareCloud, Inc.
    ir@carecloud.com

    The MIL Network

  • MIL-OSI NGOs: These bones will rise again: a defiant quest for justice for Thulani Maseko

    Source: Amnesty International –

    21 January marked two years since the unlawful killing of Eswatini human rights lawyer Thulani Maseko. Amnesty International Campaigner Nkanyiso Mtolo attended a vigil in his memory.

    By Nkanyiso Mtolo

    On Tuesday 21 January, I gathered with a group of activists at the home of Tanele Maseko in Pretoria to share memories, laughter and solemn reflection. It had been two years since Tanele’s late husband Thulani Maseko, a fearless defender of justice in Eswatini*, was shot and killed at his home. With quiet grace, Tanele and her children welcomed us to their living room for a dinner and vigil. We lit candles in Thulani’s memory and resolved that his legacy would not be buried with him.

    As I sat with Thulani’s family and friends, I was struck by the way their defiance mirrored his own. The stories they shared carried the weight of loss but also the strength of determination.

    Tanele’s close friend Bonolo Makgale set the tone for the evening. She stood up, and with a voice quivering but not cowed, said: “We are here today with heavy hearts because someone we loved was taken away from us. And yet, we are here, reminded by the value of community and solidarity.”

    Others remembered Thulani’s courage. One comrade described how during a particularly repressive time in Eswatini, fellow lawyers, afraid to risk the retribution of the state, would prepare cases, but bring them to Thulani to file under his name. Put simply, he was fearless.

    The face of Thulani’s killer

    When Tanele spoke, she described how much she missed her “sweetie”, as she calls him to this day. She recalled their many conversations, often over a glass of Thulani’s favourite whisky, in which they discussed politics and human rights, their debates stretching across whole afternoons.

    It was during one such conversation in their living room that he was shot dead in 2023. On Tuesday, Tanele told us that she still vividly remembers the face of his killer, who remains unknown and at large. She vowed that when there is a real investigation into Thulani’s killing — which the Eswatini government has yet to conduct — she will provide a description of the killer and identify them before a court.

    Tanele’s defiance has become the heartbeat of the movement for justice for Thulani. Simphiwe Sidu, the couple’s friend and human rights lawyer, said that, after the killing, we would gather at Tanele’s house to offer solidarity and support. But now it is the opposite: when we gather at their home, it is Tanele and her children, with their unending resolve, who give us the strength to keep fighting for justice.

    His killing was intended to silence a voice that had become too powerful, too fearless. Yet, as Zimbabwean author Panashe Chigumadzi wrote in These Bones Will Rise Again, the struggles of people who resist cannot be buried. Their ideals and spirit rise again, carried forward by those who refuse to forget.

    Not in vain

    Indeed, despite the weight of an absolute monarchy that criminalizes dissent, bans political parties and violently silences critics, Thulani’s ideals — “justice, truth and democracy” — cannot be extinguished, as reflected in the work of activists and his supporters, who will not allow his sacrifice to be in vain.

    Local organizations and activists are calling out for justice, leading a quiet but growing movement. For instance, the Swaziland Massacre Victims and Survivors’ Association works tirelessly to document state violence. Not only does their work provide a platform for accountability and redress, but they ensure that victims of unlawful killings, such as Thulani,  torture and repression are not forgotten.

    Grassroots groups like the Foundation for Socio-Economic Justice empower workers to fight for fair wages in industries dominated by exploitation, while the Swaziland Rural Women’s Assembly mobilizes rural women to demand water rights and protection of their land. Meanwhile, Eswatini Sexual and Gender Minorities fights for the inclusion and protection of LGBTI people in a country where they face intense discrimination, including criminalization.

    Thulani’s spirit lives on in the courage of these Eswatini activists, the boldness of trade unions, the resilience of rural women and the growing calls for accountability online and in the streets.

    “Justice, truth and democracy” — cannot be extinguished.

    A personal fight

    For me, this fight is personal. I am honoured to be a close friend of Tanele and now an uncle to Thulani’s boys, and I carry cherished memories of us cooking together in the Maseko kitchen — meals seasoned with laughter, fierce debates and a shared determination to build strategies for justice and accountability.

    As the Country Campaigner in Amnesty International’s East and Southern Africa office, I lead campaigns in Botswana, Namibia, Lesotho, and Eswatini. I had the privilege of leading the 500 Days Campaign, marking 500 days since Thulani’s death. Through this campaign, we demanded justice, mobilized global pressure on the Eswatini government, and amplified the voices of those risking everything to speak out.

    More broadly, at Amnesty International we have exposed the crackdown on activists, the misuse of repressive laws and the lack of justice for human rights violations. We have supported independent forensic investigations, provided emergency relief for at-risk activists, campaigned for the release of arbitrarily detained members of parliament, and backed legal challenges against the criminalization of LGBTI people.

    We also continue to pressure the Southern African Development Community to act on its own recommendations to ensure that Thulani’s case and human rights in Eswatini remain central to the pursuit of justice and accountability.

    A legacy to inspire

    After everyone had shared their memories of Thulani, we blew out the candles and packed them away. Although the light had faded, the flame within us had only grown stronger. In the quiet that followed, there was no sense of finality — only the unspoken promise to carry Thulani’s fight forward, to keep his memory alive not just in ritual, but in action.

    A movement for justice and accountability is emboldening — in living rooms, online and in the picket line. People are refusing to forget. They are refusing to let fear prevail. They are rising to ensure that Thulani’s ideals — of a freer, fairer Eswatini — are realized.

    Thulani’s bones will rise again — not as a distant promise but as a living testament to the unyielding fight for justice. For Thulani. For Eswatini. For us all.

    *In 2018, King Mswati III unilaterally changed the name of the country from Swaziland to Eswatini, a decision which Thulani challenged. However, many activists and human rights defenders, including Tanele Maseko, continue to use the name Swaziland.

    MIL OSI NGO

  • MIL-OSI NGOs: “I was cut when I was 13. Now I campaign against female genital mutilation in Senegal”

    Source: Amnesty International –

    Fatoumata Diallo, 50, has seven children and earns her living from farming and livestock rearing. In her village near Koussanar, in eastern Senegal, she is known for fighting against female genital mutilation (FGM). A survivor herself and member of an alert committee set up by Amnesty International to combat gender-based violence, she raises awareness about the harm caused by FGM and helps girls at risk of being cut. 

    According to the United Nations Population Fund’s latest figures, 85 per cent of women and girls aged between 15 and 49 in Senegal’s Tambacounda region have undergone some form of FGM. Like Fatoumata, almost 14 per cent of them have undergone the most severe form which consists of sewing shut the labia, leaving a small opening for urination and menstruation. 

    “I have been fighting against FGM for 20 years because I’ve experienced it myself. I was put in a group of 10 to 20 girls, and we were taken by women into the bush to be cut. One of the girls died because she was cut in a savage way. Unfortunately, they couldn’t stop the bleeding. They took her to the health centre on a donkey. But she died on the way. It left an indelible mark on me.

    I was cut when I was around 10. With this type of excision, they cut you and then perform another operation. So, when you go into the bedroom with your husband on your wedding day, they have to cut you again before giving you to your husband. I got married, and this is what happened to me. I felt excruciating pain, and was in a state of shock for several days. I was 13.

    So, I was subjected to both an early marriage and mutilation. That is what led me to join the fight. My husband supports me in everything I do. I have daughters and they have daughters themselves, but they haven’t been cut. I didn’t do it to any member of my family.

    I have saved a lot of young girls, I can’t say how many.

    Fatoumata Diallo

    Koussanar, the city next to my village, is at a crossroads with neighbouring countries. Mali has no law against FGM and Gambia has one but does not apply it. Women travel to these countries to have their babies mutilated. When I hear a baby girl has been born, I go to the family just after the naming ceremony to tell them, ‘I know that there’s a newborn in your home and that it’s a girl, but you must not have her cut because there is a law against that.’ I show them pamphlets on the consequences of excision, explaining what it does to the child. I tell them that if they do it, I will report them. 

    There was a recent case of five girls whose grandmother and mother wanted to take them to another place to have them cut. When I heard about this, I got together with some other women, and we went to talk to the grandmother and mother, without directly broaching the subject of excision. I told them that the girls were in the middle of a school year, they would miss lessons, and it would be detrimental to them. I advised the mother not to take her daughters. I also said, ‘I don’t know what you were going to do, but I will report you, and you know what that will happen’. The mother said that she was not going to do it.

    Fatoumata Diallo (left) with three other members of the alert committee set up by Amnesty International to combat gender-based violence in Tambacounda region, eastern Senegal

    As part of my fight against FGM, I present programmes on FGM and gender-based violence on Koussanar community radio with Amnesty’s alert committee and in collaboration with the commune. For these programmes, I invite religious leaders to talk about excision. Other times, I call in specialists such as midwives to talk about the consequences of excision.

    During the programmes, some listeners call in to say, ‘’It happened to me too’. And even after the programme has finished, women come to my home and say, ‘What you said on the radio is my story.’

    In the long run, I am confident women will abandon this practice.

    Fatoumata Diallo

    During community awareness-raising sessions, I talk about the law [that banned cutting in 1999] and also the health consequences of FGM. We need to keep raising awareness so that the practice of excision decreases even further. It’s a cultural thing, it is deeply rooted, so it’s a long-term battle. In the long run, I am confident women will abandon this practice.

    People are divided about my fight. Everyone knows about my activism. Some are for it, others are against. I sometimes bump into people, both men and women, and say hello but they don’t reply. That doesn’t stop me from continuing my work. I am committed to the fight, so I feel obliged to do this. I have saved a lot of young girls, I can’t say how many. I know that what I’m doing is a good thing.”

    Through a human rights education programme implemented since 2017 in Burkina Faso, Senegal and Sierra Leone, Amnesty International is working to combat gender-based violence (GBV) through education, awareness-raising and advocacy, with a view to changing attitudes and behaviours and helping to reform legislation in these countries.

    Amnesty International Senegal is setting up community alert committees to report cases of GBV, including FGM, to the relevant authorities.

    MIL OSI NGO