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  • MIL-Evening Report: Whether Biden Or Trump, US’ Latin American Policy Will Be Contemptible

    Source: Council on Hemispheric Affairs – Analysis-Reportage

    By John Perry and Roger D. Harris

    Migration, Drugs, and Tariffs.

    With Donald Trump as the new US president, pundits are speculating about how US policy towards Latin America might change.

    In this article, we look at some of the speculation, then address three specific instances of how the US’s policy priorities may be viewed from a progressive, Latin American perspective. This leads us to a wider argument: that the way these issues are dealt with is symptomatic of Washington’s paramount objective of sustaining the US’s hegemonic position. In this overriding preoccupation, its policy towards Latin America is only one element, of course, but always of significance because the US hegemon still treats the region as its “backyard.”

    First, some examples of what the pundits are saying. In Foreign Affairs, Brian Winter argues that Trump’s return signals a shift away from Biden’s neglect of the region. “The reason is straightforward,” he says. “Trump’s top domestic priorities of cracking down on unauthorized immigration, stopping the smuggling of fentanyl and other illicit drugs, and reducing the influx of Chinese goods into the United States all depend heavily on policy toward Latin America.”

    Ryan Berg, who is with the thinktank, Center for Strategic and International Studies, funded by the US defense industry, is also hopeful. Trump will “focus U.S. policy more intently on the Western Hemisphere,” he argues, “and in so doing, also shore up its own security and prosperity at home.”

    According to blogger James Bosworth, Biden’s “benign neglect” could be replaced by an “aggressive Monroe Doctrine – deportations, tariff wars, militaristic security policies, demands of fealty towards the US, and a rejection of China.” However, notwithstanding the attention of Trump’s Secretary of State, Marco Rubio, Bosworth thinks there is still a good chance of policy lapsing into benign neglect as the new administration focuses elsewhere.

    The wrong end of the telescope

    What these and similar analyses share is a concern with problems of importance to the US, including domestic ones, and how they might be tackled by shifts in policy towards Latin America. They view the region from the end of a US-mounted telescope.

    Trump’s approach may be the more brazen “America first!,” but the basic stance is much the same as these pundits. The different scenarios will be worked out in Washington, with Latin America’s future seen as shaped by how it handles US policy changes over which it has little influence. Analyses by these supposed experts are constrained by their adopting the same one-dimensional perspective as Washington’s, instead of questioning it.

    Here’s one example. The word “neglect” is superficial because it hides the immense involvement of the US in Latin America even when it is “neglecting” it: from deep commercial ties to a massive military presence. It is also superficial because, in a real sense, the US constantly neglects the problems that concern most Latin Americans: low wages, inequality, being safe in the streets, the damaging effects of climate change, and many more. “Neglect” would be seen very differently on the streets of a Latin American city than it is inside the Washington beltway.

    Who has the “drug problem”?

    The vacuum in US thinking is nowhere more apparent than in responses to the drug problem. Trump threatens to declare Mexican drug cartels to be terrorist organizations and to invade Mexico to attack them.

    But, as academic Carlos Pérez-Ricart told El Pais: “This is a problem that does not originate in Mexico. The source, the demand, and the vectors are not Mexican. It is them.” Mexican President Claudia Sheinbaum also points out that it is consumption in the US that drives drug production and trafficking in Mexico.

    Trump could easily make the same mistake as his predecessor Clinton did two decades ago. Back then, billions were poured into “Plan Colombia” but still failed to solve the “drug problem,” while vastly augmenting violence and human rights violations in the target country.

    A foretaste of what might happen, if Trump carries out his threat, occurred last July, when Biden’s administration captured Ismael “El Mayo” Zambada. That caused an all-out war between cartels in the Mexican state of Sinaloa.

    Sheinbaum rightly turns questions about drug production and consumption back onto the US. Rhetorically, she asks: “Do you believe that fentanyl is not manufactured in the United States?…. Where are the drug cartels in the United States that distribute fentanyl in US cities? Where does the money from the sale of that fentanyl go in the United States?”

    If Trump launches a war on cartels, he will not be the first US president to the treat drug consumption as a foreign issue rather than a concomitantly domestic one.

    Where does the “migration problem” originate?

    Trump is also not the first president to be obsessed by migration. Like drugs, it is seen as a problem to be solved by the countries where the migrants originate, while both the “push” and “pull” factors under US control receive less attention.

    Exploitation of migrant labor, complex asylum procedures, and schemes such as “humanitarian parole” to encourage migration are downplayed as reasons. Biden intensified US sanctions on various Latin American countries, which have been shown conclusively to provoke massive emigration. Meanwhile Trump threatens to do the same.

    Many Latin American countries have been made unsafe by crime linked to drugs or other problems in which the US is implicated. About 392,000 Mexicans were displaced as a result of conflict in 2023 alone, their problem aggravated by the massive, often illegal, export of firearms from the US to Mexico.

    Costa Rica, historically a safe country, had a record 880 homicides in 2023, many of which were related to drug trafficking. In Brazil and other countries, US-trained security forces contribute directly to the violence, rather than reducing it.

    Mass deportations from the US, promised by Trump, could worsen these problems, as happened in El Salvador in the late 1990s. They would also affect remittances sent home by migrant workers, exacerbating regional poverty. The threatened use of tariffs on exports to the US could also have serious consequences if Latin America does not stand up to Trump’s threats. Economist Michael Hudson argues that countries will have to jointly retaliate by refusing to pay dollar-based debts to bond holders if export earnings from the US are summarily cut.

    China in the US “backyard”

    Trump also joins the Washington consensus in its preoccupation with China’s influence in Latin America. Monica de Bolle is with the Peterson Institute for International Economics, a thinktank partly funded by Pentagon contractors. She told the BBC: “You have got the backyard of America engaging directly with China. That’s going to be problematic.”

    Recently retired US Southern Command general, Laura Richardson, was probably the most senior frequent visitor on Washington’s behalf to Latin American capitals, during the Biden administration. She accused China of “playing the ‘long game’ with its development of dual-use sites and facilities throughout the region, “adding that those sites could serve as “points of future multi-domain access for the PLA [People’s Liberation Army] and strategic naval chokepoints.”

    As Foreign Affairs points out, Latin America’s trade with China has “exploded” from $18 billion in 2002 to $480 billion in 2023. China is also investing in huge infrastructure projects, and seemingly its only political condition is a preference for a country to recognize China diplomatically (not Taiwan). Even here, China is not absolute as with Guatemala, Haiti, and Paraguay, which still recognize Taiwan. China still has direct investments in those holdouts, though relatively more modest than with regional countries that fully embrace its one-China policy.

    Peru, currently a close US ally, has a new, Chinese-funded megaport at Chancay, opened in November by President Xi Jinping himself. Even right-wing Argentinian president Milei said of China, “They do not demand anything [in return].”

    What does the US offer instead? While Antony Blinken proudly displayed old railcars that were gifted to Peru, the reality is that most US “aid” to Latin America is either aimed at “promoting democracy” (i.e. Washington’s political agenda) or is conditional or exploitative in other ways.

    The BBC cites “seasoned observers” who believe that Washington is paying the price for “years of indifference” towards the region’s needs. Where the US sees a loss of strategic influence to China and to a lesser extent to Russia, Iran, and others, Latin American countries see opportunities for development and economic progress.

    Remember the Monroe Doctrine

    Those calling for a more “benign” policy are forgetting that, in the two centuries since President James Monroe announced the “doctrine,” later given his name, US policy towards Latin America has been aggressively self-interested.

    Its troops have intervened thousands of times in the region and have occupied its countries on numerous occasions. Just since World War II, there have been around 50 significant interventions or coup attempts, beginning with Guatemala in 1954. The US has 76 military bases across the region, while other major powers like China and Russia have none.

    The doctrine is very much alive. In Foreign Affairs, Brian Winter warns: “Many Republicans perceive these linkages [with China], and the growing Chinese presence in Latin America more broadly, as unacceptable violations of the Monroe Doctrine, the 201-year-old edict that the Western Hemisphere should be free of interference from outside powers.”

    Bosworth adds that Trump wants Latin America to decisively choose a side in the US vs China scrimmage, not merely underplay the role of China in the hemisphere. Any country courting Trump, he suggests, “needs to show some anti-China vibes.”

    Will Freeman is with the Council on Foreign Relations, whose major sponsors are also Pentagon contractors. He thinks that a new Monroe Doctrine and what he calls Trump’s “hardball” diplomacy may partially work, but only with northern Latin America countries, which are more dependent on US trade and other links.

    Trump has two imperatives: while one is stifling China’s influence (e.g. by taking possession of the Panama Canal), another is gaining control of mineral resources (a reason for his wanting to acquire Greenland). The desire for mineral resources is not new, either. General Richardson gave an interview in 2023 to another defense-industry-funded thinktank in which she strongly insinuated that Latin American minerals rightly belong to the US.

    Maintaining hegemonic power against the threat of multipolarity

    Neoconservative Charles Krauthammer, writing 20 years ago for yet another thinktank funded by the  defense industry, openly endorsed the US’s status as the dominant hegemonic power and decried multilateralism, at least when not in US interests. “Multipolarity, yes, when there is no alternative,” he said. “But not when there is. Not when we have the unique imbalance of power that we enjoy today.”

    Norwegian commentator Glen Diesen, writing in 2024, contends that the US is still fighting a battle – although perhaps now a losing one – against multipolarity and to retain its predominant status. Trump’s “America first!” is merely a more blatant expression of sentiments held by his other presidential predecessors for clinging on to Washington’s contested hegemony.

    The irony of Biden’s presidency was that his pursuit of the Ukraine war has led to warmer relations between his two rivals, Russia and China. In this context, the growth of BRICS has been fostered – an explicitly multipolar, non-hegemonic partnership. As Glen Diesen says, “The war intensified the global decoupling from the West.”

    Other steps to maintain US hegemony – its support for Israel’s genocide in Gaza, the regime-change operation in Syria and the breakdown of order in Haiti – suggest that, in Washington’s view, according to Diesen, “chaos is the only alternative to US global dominance.” Time and again, Yankee “beneficence” has meant ruination, not development.

    These have further strengthened desires in the global south for alternatives to US dominance, not least in Latin America. Many of its countries (especially those vulnerable to tightening US sanctions) now want to follow the alternative of BRICS.

    Unsurprisingly, Trump has been highly critical of this perceived erosion of hegemonic power on Biden’s watch. Thomas Fazi argues in UnHerd that this is realism on Trump’s part; he knows the Ukraine war cannot be conclusively won, and that China’s power is difficult to contain. Accordingly, this is leading to a “recalibrating of US priorities toward a more manageable ‘continental’ strategy — a new Monroe Doctrine — aimed at reasserting full hegemony over what it deems to be its natural sphere of influence, the Americas and the northern Atlantic,” stretching from Greenland and the Arctic to Tierra del Fuego and Antarctica.

    The pundits may not agree on quite what Trump’s approach towards Latin America will be, but they concur with Winter’s judgment that the region “is about to become a priority for US foreign policy.” His appointment of Marco Rubio is a signal of this. The new secretary of state is a hawk, just like Blinken, but one with a dangerous focus on Latin America.

    However, the mere fact that such pundits hark back to the Monroe Doctrine indicates that this is only, so to speak, old wine in new bottles. Even in the recent past, an aggressive application of the 201-year-old Monroe Doctrine has never seen a hiatus.

    Recall US-backed coups that deposed Honduran President Manuel Zelaya (2009) and Bolivian Evo Morales (2019), plus the failed coup against Daniel Ortega in Nicaragua (2018), along with the parliamentary coup that ousted Paraguayan Fernando Lugo (2012). To these, US-backed regime change by “lawfare” included Dilma Rousseff in Brazil (2016) and Pedro Castillo in Peru (2023). Currently presidential elections have simply been suspended in Haiti and Peru with US backing.

    Even if Trump is more blatant than his predecessors in making clear that his policymaking is based entirely on what he perceives to be US interests, rather than those of Latin Americans, this is not new.

    As commentator Caitlin Johnstone points out, the main difference between Trump and his predecessors is that he “makes the US empire much more transparent and unhidden.” From the other end of the political spectrum, a former John McCain adviser echoes the same assessment: “there will likely be far more continuity between the two administrations than meets the eye.”

    Regardless, Latin America will continue to struggle to set its own destiny, patchily and with setbacks, and this will likely draw it away from the hegemon, whatever the US does.

    Nicaragua-based John Perry is with the Nicaragua Solidarity Coalition and writes for the London Review of Books, FAIR, and CovertAction.

    Roger D. Harris is with the Task Force on the Americas, the US Peace Council, and the Venezuela Solidarity Network

    Featured image courtesy of Cornell University/Wikimedia Commons

    First published by Popular Resistance: https://popularresistance.org/whether-biden-or-trump-us-latin-american-policy-will-still-be-contemptible/

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Wyden Announces Town Halls in Washington and Columbia Counties

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)

    February 03, 2025

    Senator’s upcoming open-to-all town halls will be on Saturday, Feb. 15

    Portland – U.S. Senator Ron Wyden today announced he will hold town halls on Saturday, Feb. 15 in Washington and Columbia counties.

    Heading into these two town halls on Feb. 15, Wyden has held 1,103 open-to-all town halls in keeping his promise to hold at least one town hall each year in each of Oregon’s 36 counties. 

    “Oregonians deserve and expect elected officials to come to them in their communities to voice their opinions, ask how they can make our state and country stronger, and question me directly in an open-to-all town hall,” Wyden said. “That’s why I’ve had more than 1,100 town halls. And given everything going on back in Washington, DC with a new Congress and administration, these upcoming town halls are especially timely.”

    The schedule for the town halls on Saturday, Feb. 15 is as follows:

    • Washington County, Noon, Poynter Middle School, 1535 NE Grant St., Hillsboro
    • Columbia County, 3:30 pm, Scappoose Middle School, 52265 Lower Columbia River Hwy. (Hwy 30), Scappoose

    Doors will open 30 minutes before for attendees. For everyone’s security, backpacks and large bags will not be allowed in the town hall.



    MIL OSI USA News

  • MIL-OSI Canada: Rare vintage wheels roll into Alberta museums | Des voitures de collection rares arrivent dans les musées de l’Alberta

    The 1914 Waterous Steam Fire Pumper at the Remington Carriage Museum

    The Remington Carriage Museum in Cardston is now home to a 1914 Waterous Steam Fire Pumper, which was donated by a local Calgary collector. Almost no others of its kind have remained intact. Adding to its rarity, the engine remains in fully functional condition.

    The firefighting machine was built more than a century ago and spent some of its early years in Québec. It has since been painstakingly restored and donated to the museum where another smaller one like it is already housed.

    Limo fit for a king

    The 1939 McLaughlin Buick Royal Tour car at Reynolds Museum

    Meanwhile, a new addition to the Reynolds Museum collection in Wetaskiwin is getting a royal welcome – a 1939 McLaughlin Buick Royal Tour car. The custom-made stretch convertible has carried every British monarch in their respective tours of Canada since the late 1930s.

    Donated by Byron Reynolds, the vehicle was one of two built by General Motors in Ontario for use by King George VI and Queen Elizabeth II as they toured Canada in 1939.

    It was used by Prince Charles and Princess Diana for the opening of Expo ’86 in Vancouver and by Queen Elizabeth II for the opening of the Commonwealth Games in Victoria in 1994.

    Major additions to the collection

    Both donations represent a significant addition to the provincial museum collection and carry stories of their use and restoration throughout the 20th century. Furthermore, both vehicles were originally made in Canada, a trait that sets them apart from their U.S. counterparts and adds to their uniqueness.

    “Albertans value the stories of our shared past and the artifacts that help bring those stories to life. As our museum collections grow, so does the depth of our understanding of that past.”

    Tanya Fir, Minister of Arts, Culture and Status of Women

    “It is thrilling for the Reynolds and Remington to be the recipient of such amazing donations. These vehicles are each truly one of a kind and we thank the donors who made these historical treasures available for everyone to enjoy. I invite all Albertans to visit our museums to learn more about these, and many other, unique Alberta stories.”

    Noel Ratch, Director, Reynolds Museum

    Alberta’s government proudly owns and operates 20 museums and heritage sites as well as the Provincial Archives. Last year, Alberta’s government dedicated more than $52 million to the heritage sector to ensure Alberta’s rich history continues to be protected, promoted and celebrated.

    Quick facts

    • The 1939 McLaughlin Buick was one of two built in Canada.
    • Built on a Buick limousine chassis, it includes a four-door convertible body, custom wood-grain dash and interior veneered moldings, tall canvas convertible top to accommodate ceremonial headgear, an electrically operated divider window, a dictograph with dash and signal light so riders in back and front can communicate, the Royal Crest, Shield and Standard, and a sterling silver vanity kit with co-ordinated umbrellas.
    • The Waterous Steam Fire Pumper was built around 1913 in Brantford, Ontario, and was bought second-hand by the Township of Pointe-aux-Trembles, Québec in 1917.
    • It was purchased by a Calgary collector in 1997 and was restored by a Michigan restorer. At that time, it was found to still be in working condition with no leaks. It includes 90 per cent original material with most of the restoration being cosmetic. Paint detailing was done based on uncovered paint layers found during the restoration process and archival photos of the engine during its use in Québec.
    • The Waterous Steam Fire Pumper is currently on display at the Remington Carriage Museum.
    • The Royal Tour car can be viewed at the Reynolds Museum as part of the behind-the-scenes tour program each summer.
    • The Reynolds Museum and the Remington Carriage Museum are open Tuesday through Sunday.

    Related information

    • Remington Carriage Museum
    • Reynolds Museum

    Les amateurs de véhicules historiques seront comblés, car deux musées de l’Alberta ont dévoilé leurs plus récents dons : une voiture de pompiers à vapeur tirée par des chevaux et une voiture franchement royale

    L’autopompe à vapeur Waterous de 1914 au Remington Carriage Museum

    Le musée Remington Carriage Museum de Cardston vient de s’enrichir d’une autopompe à vapeur Waterous de 1914, offerte par un collectionneur local de Calgary. Il existe très peu de véhicules du genre en parfait état. Pour ajouter à sa rareté, le moteur fonctionne toujours de façon impeccable.

    Construit il y a plus d’un siècle, l’engin de lutte contre les incendies a passé une partie de ses premières années au Québec. Elle a depuis été minutieusement restaurée et offerte au musée, qui en abrite déjà une autre, plus petite.

    Une limousine digne d’un roi

    La McLaughlin Buick Royal Tour de 1939 au musée Reynolds

    Ailleurs dans la province, un nouvel ajout à la collection du musée Reynolds Museum de Wetaskiwin a reçu un accueil royal ? une voiture McLaughlin Buick Royal Tour de 1939. Ce cabriolet extensible fait sur mesure a transporté tous les monarques britanniques lors de leurs tournées au Canada depuis la fin des années 1930.

    Offert par Byron Reynolds, ce véhicule est l’un des deux construits par la General Motors en Ontario à l’intention du roi George VI et de la reine Elizabeth II lors de leur tournée au Canada en 1939.

    La voiture a également été utilisée par le prince Charles et la princesse Diana lors de l’ouverture de l’Expo 86 à Vancouver et de nouveau par la reine Elizabeth II à l’ouverture des Jeux du Commonwealth tenus à Victoria en 1994.

    Des ajouts importants à la collection de la province

    Les deux dons représentent un ajout important à la collection muséale de la province. Les véhicules racontent l’histoire de leur utilisation et de leur restauration tout au long du 20e siècle. En outre, les deux véhicules ont été fabriqués au Canada, ce qui les distingue de leurs homologues américains et ajoute à leur caractère exceptionnel.

    « Les Albertaines et les Albertains apprécient les récits de leur passé commun et les artefacts qui contribuent à donner vie à ces récits. Au fur et à mesure que nos collections muséales s’enrichissent, notre compréhension de ce passé s’approfondit. »

    Tanya Fir, ministre des Arts, de la Culture et de la Condition féminine

    « Les musées Reynolds et Remington sont ravis d’avoir reçu des dons aussi extraordinaires. Ces véhicules sont véritablement uniques en leur genre et nous remercions leurs donateurs, qui ont mis ces trésors historiques à la disposition de tous. J’invite toute la population à visiter nos musées pour en apprendre davantage sur ces véhicules et sur une foule d’autres récits uniques de l’Alberta. »

    Noel Ratch, directeur, musée Reynolds

    Le gouvernement de l’Alberta est fier de posséder et de gérer 20 musées et sites patrimoniaux, ainsi que les archives de la province. L’année dernière, le gouvernement de l’Alberta a consacré plus de 52 millions de dollars au secteur du patrimoine pour s’assurer que la riche histoire de l’Alberta continue d’être protégée, promue et célébrée.

    En bref

    • La Buick McLaughlin de 1939 est l’une de deux voitures du genre construites au Canada.
    • Bâtie sur un châssis de limousine Buick, elle comprend une carrosserie décapotable à quatre portes, un tableau de bord et des moulures intérieures en placage de bois, un haut toit décapotable en toile pour accueillir les coiffures de cérémonie, une fenêtre de séparation à commande électrique, un dictographe doté d’un tableau de bord et d’une lampe de signalisation pour que les passagers à l’arrière et à l’avant puissent communiquer, le cimier, l’écu et l’étendard royaux, ainsi qu’un ensemble de vanité en argent sterling accompagné de parapluies coordonnés.
    • L’autopompe à vapeur Waterous a été construite vers 1913 à Brantford, en Ontario, et a été achetée d’occasion par le Canton de Pointe-aux-Trembles, au Québec, en 1917.
    • Elle a été rachetée par un collectionneur de Calgary en 1997 et a été restaurée par un expert du Michigan. C’est à ce moment-là qu’on a constaté qu’elle était toujours en état de marche et qu’elle ne présentait aucune fuite. Le véhicule est composé à 90 % de matériaux d’origine, la majeure partie de la restauration ayant été d’ordre cosmétique. Les détails de la peinture ont été réalisés à partir des couches de peinture découvertes au cours du processus de restauration et de photos d’archives qui dataient de l’époque à laquelle il a été utilisé au Québec.
    • L’autopompe à vapeur Waterous est actuellement exposée au musée Remington Carriage Museum.
    • La voiture royale peut être vue au musée Reynolds dans le cadre de son programme de visite en coulisse chaque été.
    • Les musées Reynolds Museum et Remington Carriage Museum sont ouverts du mardi au dimanche.

    Renseignements connexes (en anglais seulement)

    • Remington Carriage Museum
    • Reynolds Museum

    MIL OSI Canada News

  • MIL-OSI New Zealand: Police acknowledge IPCA findings on use of force

    Source: New Zealand Police (National News)

    Police acknowledge the findings of the Independent Police Conduct Authority over the use of force against a group of youths.

    On 26 September 2022, a fleeing driver event concluded on Murphys Road in Flat Bush.

    The stolen vehicle had earlier been detected in the Manukau area.

    The Authority were notified after footage of Police staff’s conduct emerged on social media.

    Counties Manukau District Commander Superintendent Shanan Gray says a thorough investigation was carried out into the incident.

    “One of the constables, Officer A, admitted to using excessive force to arrest one of the young people,” he says.

    “The constable was charged with common assault, pleaded guilty in court and was subsequently discharged without conviction.”

    The IPCA agreed with Police action taken around Officer A.

    Another constable, Officer B, was not charged after his actions on the day were assessed.

    The IPCA found Officer B’s actions in lifting and dragging one youth from the car to a safer location were reasonable in the circumstances.

    However, it found Officer B went on to use excessive force against the young person.

    Police acknowledge this finding.

    Superintendent Gray says: “Any situation immediately after fleeing driver incidents are very dynamic and can pose risk to all concerned.

    “Our staff make decisions every day about acting with urgency towards a situation while also keeping the safety of all top of mind.”

    An employment investigation was carried out into the matter, the outcomes of which are confidential given Police has privacy obligations to employees.

    Superintendent Gray says both constables remain members of Police.

    ENDS.

    Jarred Williamson/NZ Police

    MIL OSI New Zealand News

  • MIL-OSI USA: How Does the Sun Behave? (Grades K-4)

    Source: NASA

    This article is for students grades K-4.
    The Sun is a star. It is the biggest object in our solar system. The Sun is about 93 million miles away from Earth and about 4.5 billion years old. The Sun affects Earth’s weather, seasons, climate, and more. Let’s learn about how the Sun behaves.

    The Sun is a giant ball made of hydrogen and helium gases. Deep in the center of the Sun, hydrogen atoms are pressed together. This forms helium. When this happens, energy is released. That energy is the heat and light we feel and see all the way here on Earth.

    Sometimes, the Sun is very active. It gives off a lot of energy. Other times, it is quieter. It gives off less energy. This pattern is called the solar cycle. One solar cycle lasts about 11 years.
    Scientists call the time when the Sun is active “solar maximum.” During this time, we see darker, cooler spots on the Sun’s surface. These are called sunspots. When the Sun is less active, scientists call that “solar minimum.”

    Yes! Just like Earth, the Sun has north and south magnetic poles. But every 11 years, the Sun’s poles flip. North becomes south and south becomes north.

    Space weather includes things like solar wind, solar storms, and solar flares. When the Sun is active, these things can have an impact on Earth and in space.
    Let’s learn more about space weather and how it affects our planet.

    The solar wind is a constant wave of particles flowing out into space from the Sun’s surface. It travels deep into space. When the solar wind reaches Earth, its particles interact with Earth’s magnetic field. This causes colorful streams of moving light at Earth’s north and south poles. These are called auroras or the northern and southern lights.

    The Sun’s magnetic fields are always moving. They twist and stretch. Sometimes they snap and reconnect. When this happens, it releases a burst of energy. This can cause a solar storm.
    Solar storms can include solar flares. A solar flare is a blast of light and energy from the Sun’s surface. They usually erupt near sunspots. Solar flares happen more often during solar maximum and less often during solar minimum.  

    Earth is protected from most space weather. Our atmosphere and magnetic field act like a shield. But strong solar storms can still cause problems. Areas might lose electricity. Radios might not work. Satellites can be damaged. NASA keeps an eye on space weather. If strong storms are predicted, teams work to protect spacecraft and astronauts in space.

    A space probe is a robot that explores space. They often visit other planets, moons, or asteroids and comets that also orbit the Sun. NASA’s Parker Solar Probe launched to the Sun in 2018. The Parker Solar Probe is on a special mission. It flies very close to the Sun to collect information. This will help scientists learn new things about the Sun and how it affects life on Earth.
    Visit these websites to read more about the Sun:

    Read NASA Knows: How Does the Sun Behave? (Grades 5-8).

    MIL OSI USA News

  • MIL-OSI Security: Readout of Chairman of the Joint Chiefs of Staff Gen. CQ Brown, Jr.’s Phone Call with Algerian Minister Delegate to the Ministry of National Defense and Chief of Staff Gen. Said Chanegriha

    Source: US Defense Joint Chiefs of Staff

    February 3, 2025

    WASHINGTON, D.C. — Joint Staff Spokesperson Navy Capt. Jereal Dorsey provided the following readout:

    Chairman of the Joint Chiefs of Staff Gen. CQ Brown, Jr., spoke with Algerian Minister Delegate to the Ministry of National Defense and Chief of Staff Gen. Said Chanegriha today by phone.

    Gen. Brown and Gen. Chanegriha discussed the recent signing of the first-ever Security Cooperation Memorandum of Understanding between the U.S. and Algeria, which sets the stage for future security cooperation activities and agreements.

    Additionally, the military leaders conferred about the instability of the Sahel region. Gen. Brown commended Algeria’s counterterrorism cooperation and encouraged Gen. Chanegriha to continue coordinating with U.S. Africa Command to further enhance this vital relationship.

    A stable, prosperous African continent is important to global security, and the U.S. will continue to build military capabilities with Algeria and other regional countries through security force assistance programs, exercises, key leader engagements and operations.

    For more Joint Staff news, visit: www.jcs.mil.
    Connect with the Joint Staff on social media: 
    FacebookTwitterInstagramYouTube,
    LinkedIn and Flickr.

    MIL Security OSI

  • MIL-OSI: DeckTrade Just Changed the Game—Introducing the AI Tool That Could Save Your Portfolio!

    Source: GlobeNewswire (MIL-OSI)

    London, UK, Feb. 03, 2025 (GLOBE NEWSWIRE) — In an era where crypto volatility is the norm, DeckTrade has officially raised the bar by launching a revolutionary AI-Powered Risk Management Tool—a feature designed not just to manage risks but to save portfolios from catastrophic losses. This groundbreaking development is more than just an update; it’s a complete game-changer for crypto traders worldwide, offering advanced predictive capabilities, real-time market insights, and automated risk mitigation strategies.

    If you’ve ever felt the sting of sudden market crashes, unexpected price drops, or emotionally driven trading mistakes, this is the tool you’ve been waiting for. DeckTrade has created a technology that doesn’t just react to the market—it predicts potential risks before they can harm your investments.

     Why This Is a Game-Changer for Crypto Traders

    The cryptocurrency market is notorious for its wild swings. Prices can soar or plummet in minutes, leaving traders vulnerable to substantial losses. Traditional risk management strategies often fall short, relying heavily on manual monitoring, delayed reactions, and emotional decision-making.

    Enter DeckTrade’s AI-Powered Risk Management Tool—an intelligent system that works 24/7, analyzing real-time data, market trends, and historical patterns to identify threats before they materialize. Unlike outdated tools that merely flag risks after the damage is done, this AI tool offers proactive protection, enabling traders to safeguard their portfolios with precision and confidence.

    What Makes DeckTrade’s AI Tool So Powerful?

    1. Predictive Risk Analysis:
      Leveraging advanced machine learning algorithms, the AI tool can forecast potential market downturns, identify volatility triggers, and anticipate price fluctuations before they happen. It’s like having a financial crystal ball—but powered by data.
    2. Real-Time Alerts:
      The system sends instant notifications when potential risks are detected, allowing traders to act swiftly. Whether it’s a sudden Bitcoin drop or an unexpected altcoin surge, you’ll be the first to know.
    3. Automated Risk Mitigation:
      Tired of watching charts 24/7? The AI tool can automatically execute stop-loss orders, adjust leverage, and even rebalance portfolios based on pre-set risk thresholds, minimizing the chance of emotional decision-making.
    4. Customizable Risk Profiles:
      Every trader is different. Whether you’re a conservative investor or an aggressive day trader, DeckTrade’s AI allows you to customize risk parameters to match your strategy and goals.
    5. Market Sentiment Analysis:
      The AI scans global news, social media trends, and market sentiment to detect external factors that could impact crypto prices—giving you an edge that no manual analysis can match.
    6. Seamless Integration:
      The tool is fully integrated into the DeckTrade platform, offering a user-friendly dashboard where traders can monitor risks, adjust settings, and review performance metrics effortlessly.

    The Cost of Ignoring Risk in Crypto Trading

    Let’s face it: Crypto is risky.
    Without proper risk management, even the most experienced traders can face devastating losses. Consider these common pitfalls:

    • Flash Crashes: In 2021, Bitcoin dropped nearly 30% in a single day, wiping out billions of dollars.
    • Emotional Trading: Fear and greed often lead to impulsive decisions, causing traders to sell low and buy high.
    • Overleveraging: Many traders get trapped by excessive leverage, amplifying losses beyond recovery.
    • Lack of Diversification: Overexposure to a single asset can be disastrous when that asset tanks unexpectedly.

    DeckTrade’s AI tool is designed to prevent these mistakes. By analyzing risks in real-time and providing actionable insights, it helps traders make informed decisions—without the emotional baggage.

    Testimonials from Australian Traders Who Are Already Benefiting

    Since its soft launch earlier this year, Australian traders have been raving about the AI-powered tool:

    • “I used to stress about overnight trades. Now, DeckTrade’s AI tool watches the market for me. It’s like having a personal risk manager on call 24/7.”Liam P., Sydney, NSW
    • “Crypto is unpredictable, but this AI tool gives me peace of mind. I’ve avoided major losses thanks to its real-time alerts.”Sophie T., Brisbane, QLD
    • “I was skeptical at first, but after the last Bitcoin dip, the AI’s predictive alert saved me thousands. I’ll never trade without it again.”Daniel K., Melbourne, VIC
    • “DeckTrade’s AI doesn’t just manage risk; it helps me find opportunities. It’s like having an edge over the market.”Emily G., Perth, WA
    • “Since using the tool, my trading has become more strategic. I’m making decisions based on data, not emotions.”Olivia R., Adelaide, SA

    How the AI Actually Works (Simplified)

    While the backend technology is complex, here’s a simple breakdown of how DeckTrade’s AI operates:

    1. Data Collection: The AI continuously gathers data from global exchanges, financial news outlets, blockchain networks, and social media.
    2. Pattern Recognition: It identifies historical patterns that led to previous market crashes or rallies.
    3. Real-Time Analysis: The AI compares live data with historical trends to detect anomalies.
    4. Risk Scoring: Each potential threat is assigned a risk score, triggering alerts or automatic actions if thresholds are met.
    5. Learning Loop: The AI learns from every trade, constantly refining its predictive models for greater accuracy over time.

     This isn’t just a “set it and forget it” tool—it’s an adaptive system that evolves with the market, ensuring it stays effective even as trading conditions change.

    Who Can Benefit from DeckTrade’s AI Tool?

    • Beginners: Avoid common mistakes by relying on AI-driven insights.
    • Day Traders: React to market changes faster than manual analysis allows.
    • Long-Term Investors: Protect your portfolio from sudden crashes without constant monitoring.
    • High-Net-Worth Individuals: Manage large investments with sophisticated, automated risk controls.
    • Institutions: Leverage enterprise-grade risk management capabilities for institutional portfolios.

    DeckTrade Management Team Speaks Out

    “Crypto trading is no longer just about luck or timing—it’s about having the right tools. Our AI-powered risk management tool is designed to save portfolios, reduce stress, and give traders a competitive advantage. This isn’t just an update; it’s a new era for secure trading.” — DeckTrade Management Team

    Why Choose DeckTrade?

    In addition to this groundbreaking AI tool, DeckTrade offers:

    • 99.9% Uptime: Ensuring you never miss a trade due to technical issues.
    • Military-Grade Security: Protecting your data and assets with top-tier encryption.
    • Low Fees: Maximizing your profits without hidden charges.
    • Global Accessibility: Trade anytime, anywhere, on desktop or mobile.
    • Dedicated Support: A responsive customer service team ready to assist 24/7.

    Final Thoughts: Don’t Get Left Behind

    The crypto market moves fast. Traders who adapt and leverage cutting-edge tools like DeckTrade’s AI-powered risk management system will have a decisive advantage over those who don’t.

    If you’re serious about protecting your portfolio, reducing stress, and maximizing profits, this is the moment to act. The future of crypto trading isn’t just about chasing gains—it’s about managing risks intelligently.

    Your portfolio deserves more than luck. It deserves DeckTrade’s AI.

    Decktrade: https://deck-trade.co

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network

  • MIL-OSI: Capital Southwest Announces Financial Results for Third Fiscal Quarter Ended December 31, 2024 and Announces Increase in Total Dividends to $0.64 per share for the Quarter Ending March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, Feb. 03, 2025 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest,” “CSWC” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced its financial results for the third fiscal quarter ended December 31, 2024.

    Third Quarter Fiscal Year 2025 Financial Highlights

    • Total Investment Portfolio: $1.7 billion
      • Credit Portfolio of $1.5 billion:
        • 98% 1st Lien Senior Secured Debt
        • $313.4 million in new committed credit investments during the quarter
        • Weighted Average Yield on Debt Investments: 12.1%
        • Current non-accruals with a fair value of $45.8 million, representing 2.7% of the total investment portfolio
      • Equity Portfolio of $158.8 million
        • $4.1 million in new equity co-investments during the quarter
    • Pre-Tax Net Investment Income: $30.7 million, or $0.64 per weighted average share outstanding
    • Estimated Undistributed Taxable Income (“UTI”): $0.68 per share as of December 31, 2024
    • LTM Operating Leverage: 1.6% for the quarter ended December 31, 2024
    • Dividends: Paid $0.58 per share Regular Dividend and $0.05 per share Supplemental Dividend
      • 115% LTM Pre-Tax NII Regular Dividend Coverage
      • Total Dividends for the quarter ended December 31, 2024 of $0.63 per share
    • Net Realized and Unrealized Depreciation: $13.7 million, or 0.8% of total investments at fair value
      • $12.3 million of net appreciation related to the equity portfolio
      • $26.0 million of net depreciation related to the credit portfolio
    • Balance Sheet:
      • Cash and Cash Equivalents: $36.0 million
      • Total Net Assets: $830.4 million
      • Net Asset Value (“NAV”) per Share: $16.59

    In commenting on the Company’s results, Bowen Diehl, President and Chief Executive Officer, stated, “The December quarter was an active quarter for Capital Southwest, with approximately $318 million of new committed originations. Our portfolio continued to generate significant income for our shareholders, producing $0.64 of pre-tax net investment income per share for the quarter, which outearned both our $0.58 per share regular dividend and our $0.05 per share supplemental dividend paid for the quarter. In consideration of the continued performance of our portfolio, the Board of Directors has again declared a regular dividend of $0.58 per share for the quarter ending March 31, 2025. Our Board of Directors also has declared an increase in our supplemental dividend to $0.06 per share for the quarter ending March 31, 2025, resulting in total dividends for the quarter of $0.64 per share. While future dividend declarations are at the discretion of our Board of Directors, it is our intent to continue to distribute quarterly supplemental dividends for the foreseeable future. We continued to efficiently raise equity capital during the quarter, raising over $53 million on our Equity ATM Program. In addition, during the quarter, we successfully raised $230 million of 5.125% unsecured convertible notes due 2029, which further diversified our balance sheet liability structure. Finally, we received a ‘green light’ letter from the U.S. Small Business Administration to file an application to obtain a license to operate a second SBIC subsidiary. If approved, a second SBIC license will provide Capital Southwest with access to up to an additional $175 million in cost effective debt capital.”

    Third Quarter Fiscal Year Investment Activities

    Originations

    During the quarter ended December 31, 2024, the Company originated $317.5 million in new commitments, consisting of investments in nine new portfolio companies totaling $175.2 million and add-on commitments in 20 portfolio companies totaling $142.3 million. New portfolio company investment transactions that closed during the quarter ended December 31, 2024 are summarized as follows:

    Undisclosed Portfolio Company, $32.0 million 1stLien Senior Secured Debt, $5.0 million Revolving Loan, $0.5 million Equity

    Musiker Discovery Programs, Inc., $23.0 million 1stLien Senior Secured Debt, $7.5 million Delayed Draw Term Loan, $5.0 million Revolving Loan: The company provides pre-college, enrichment, and gifted summer programs to students in grades 1-12.

    Superior Health Parent LLC, $17.5 million 1stLien Senior Secured Debt, $10.0 million Delayed Draw Term Loan, $3.0 million Revolving Loan: The company is a provider of home health and hospice services across eight agencies in Louisiana.

    Mid-Florida Endodontics Management Company, LLC, $16.1 million 1stLien Senior Secured Debt, $10.0 million Delayed Draw Term Loan, $3.0 million Revolving Loan: The company provides endodontic services, primarily focused on root canals and related examinations and retreatments.

    Undisclosed Portfolio Company, $8.0 million 1stLien Senior Secured Debt, $2.0 million Revolving Loan, $1.0 million Equity

    Red Dog Operations Holding Company LLC, $7.5 million 1stLien Senior Secured Debt, $2.0 million Revolving Loan, $1.0 million Preferred Equity: The company is a family-owned provider of boarding, daycare, grooming, and other ancillary pet services across six facilities in the Cincinnati and Boston areas.

    Cumbria Capital MSO, LLC, $5.4 million 1stLien Senior Secured Debt, $2.0 million Delayed Draw Term Loan, $1.5 million Revolving Loan: The company is a medical practice offering treatment for a variety of gastrointestinal and liver disorders.

    Undisclosed Portfolio Company, $6.7 million 1stLien Senior Secured Debt

    Undisclosed Portfolio Company, $4.0 million 1stLien Senior Secured Debt, $1.0 million Revolving Loan, $0.5 million Equity

    Prepayments and Exits

    During the quarter ended December 31, 2024, the Company received full prepayments on two debt investments totaling $26.7 million.

    Versicare Management LLC: Proceeds of $23.7 million, generating an IRR of 17.1%.

    Research Now Group, LLC: Proceeds of $2.9 million, generating an IRR of (9.6)%.

    Third Fiscal Quarter 2025 Operating Results

    For the quarter ended December 31, 2024, Capital Southwest reported total investment income of $52.0 million, compared to $48.7 million in the prior quarter. The increase in investment income was primarily attributable to an increase in prepayment and other fees received during the quarter.

    For the quarter ended December 31, 2024, total operating expenses (excluding interest expense) were $6.6 million, compared to $6.1 million in the prior quarter. The increase was primarily attributable to an increase in accrued bonus compensation in the current quarter and an increase in general and administrative expenses primarily due to the write off of deferred offering costs related to our previous shelf registration statement during the current quarter.

    For the quarter ended December 31, 2024, interest expense was $14.7 million, compared to $12.6 million in the prior quarter. The increase was primarily attributable to an increase in average debt outstanding.

    For the quarter ended December 31, 2024, total pre-tax net investment income was $30.7 million, compared to $30.0 million in the prior quarter.

    For the quarter ended December 31, 2024, there was a tax provision of $0.4 million, compared to a tax benefit of $1.2 million in the prior quarter. The benefit in the prior quarter included a $1.5 million deferred tax benefit, which is primarily attributable to an increase in the tax basis of investments held by our wholly owned subsidiary, Capital Southwest Equity Investments, Inc., due to pass-through income, resulting in a decrease in tax appreciation.

    During the quarter ended December 31, 2024, Capital Southwest recorded total net realized and unrealized losses on investments of $13.7 million, compared to $8.5 million of total net realized and unrealized losses in the prior quarter. For the quarter ended December 31, 2024, the total net realized and unrealized losses on investments reflected net realized and unrealized gains on equity investments of $12.3 million and net realized and unrealized losses on debt investments of $26.0 million. The net increase in net assets resulting from operations was $16.3 million for the quarter, compared to $22.7 million in the prior quarter.

    The Company’s NAV at both December 31, 2024 and September 30, 2024 was $16.59 per share. Increases in NAV per share are attributable to the issuance of common stock at a premium to NAV per share through the Equity ATM Program (as described below), offset by net realized and unrealized losses on investments.

    Liquidity and Capital Resources

    At December 31, 2024, Capital Southwest had approximately $36.0 million in unrestricted cash and money market balances and $376.2 million of unused capacity under the Corporate Credit Facility (as defined below) and the SPV Credit Facility (as defined below). The regulatory debt to equity ratio at the end of the quarter was 0.90 to 1.

    As of December 31, 2024, Capital Southwest had the following borrowings outstanding:

    • $190.0 million of total debt outstanding on the Corporate Credit Facility
    • $118.0 million of total debt outstanding on the SPV Credit Facility
    • $148.7 million, net of unamortized debt issuance costs, of the 3.375% Notes due October 2026
    • $70.1 million, net of unamortized debt issuance costs, of the 7.75% Notes due August 2028
    • $222.7 million, net of amortized debt issuance costs, of the 5.125% convertible notes due November 2029
    • $170.7 million, net of unamortized debt issuance costs, of SBA Debentures (as defined below)

    In August 2016, CSWC entered into a senior secured credit facility (the “Corporate Credit Facility”) to provide additional liquidity to support its investment and operational activities. Borrowings under the Corporate Credit Facility accrue interest on a per annum basis at a rate equal to the applicable SOFR rate plus 2.15%. On August 2, 2023, CSWC entered into the Third Amended and Restated Senior Secured Revolving Credit Agreement (the “Credit Agreement”) that (1) increased commitments under the Corporate Credit Facility from $400 million to $435 million; (2) added an uncommitted accordion feature that could increase the maximum commitments up to $750 million; (3) extended the end of the Corporate Credit Facility’s revolving period from August 9, 2025 to August 2, 2027 and extended the final maturity from August 9, 2026 to August 2, 2028; and (4) amended several financial covenants. On December 7, 2023, the Company entered into an Incremental Commitment and Assumption Agreement that increased the total commitments under the accordion feature of the Credit Agreement by $25 million, which increased total commitments from $435 million to $460 million. The $25 million increase was provided by one new lender, bringing the total bank syndicate to ten participants. On September 12, 2024, the Company entered into an Incremental Commitment and Assumption Agreement that increased the total commitments under the accordion feature of the Credit Agreement by $25 million, which increased total commitments from $460 million to $485 million. The $25 million increase was provided by one new lender, bringing the total bank syndicate to 11 participants.

    Capital Southwest SPV LLC (“SPV”) is a wholly owned special purpose vehicle that was formed to hold investments for the SPV Credit Facility (as defined below) to support our investment and operating activities. On March 20, 2024, SPV entered into a special purpose vehicle financing credit facility (the “SPV Credit Facility”). The SPV Credit Facility included an initial commitment of $150 million. Pursuant to the terms of the loan agreement, on June 20, 2024, total commitments automatically increased from $150 million to $200 million. The SPV Credit Facility also includes an accordion feature that allows increases up to $400 million of total commitments from new and existing lenders on the same terms and conditions as the existing commitments. Borrowings under the SPV Credit Facility bear interest at three-month Term SOFR plus 2.50% per annum during the revolving period ending on March 20, 2027 and three-month Term SOFR plus an applicable margin of 2.85% thereafter. SPV (i) paid unused commitment fees of 0.10% through April 20, 2024 and (ii) pays unused commitment fees of 0.35% thereafter, on the unused lender commitments under the SPV Credit Facility, in addition to other customary fees. Under the SPV Credit Facility, SPV also pays a utilization fee based on the amount of borrowings utilized. The SPV Credit Facility matures on March 20, 2029.

    On November 4, 2024, the Company issued $230.0 million in aggregate principal amount of 5.125% convertible notes due 2029 (the “2029 Convertible Notes”), including the underwriters’ full exercise of their option to purchase an additional $30.0 million in aggregate principal amount to cover over-allotments. The 2029 Convertible Notes bear interest at a rate of 5.125% per year, payable quarterly on February 15, May 15, August 15 and November 15 of each year, beginning on February 15, 2025. The 2029 Convertible Notes will mature on November 15, 2029, unless earlier converted, redeemed or repurchased. The conversion rate was initially 40.0000 shares of common stock per $1,000 principal amount of 2029 Convertible Notes (equivalent to an initial conversion price of $25.00 per share of common stock), subject to adjustment in some events.

    On December 9, 2024, the Company redeemed $140.0 million in aggregate principal amount of the issued and outstanding 4.50% notes due 2026 (the “January 2026 Notes”) in full. The January 2026 Notes were redeemed at 100% of their principal amount, plus the accrued and unpaid interest thereon, through, but excluding the redemption date. Accordingly, the Company recognized a realized loss on extinguishment of debt, equal to the write-off of the related unamortized debt issuance costs, of $0.4 million during the quarter ended December 31, 2024. There was no “make-whole” premium required to be paid in connection with the redemption.

    The Company has an “at-the-market” offering (the “Equity ATM Program”), pursuant to which the Company may offer and sell, from time to time through sales agents, shares of its common stock. On May 21, 2024, the Company increased the maximum amount of shares of its common stock to be sold through the Equity ATM Program from $650 million to $1 billion. During the quarter ended December 31, 2024, the Company sold 2,364,147 shares of its common stock under the Equity ATM Program at a weighted-average price of $22.68 per share, raising $53.6 million of gross proceeds. Net proceeds were $52.9 million after commissions to the sales agents on shares sold. As of December 31, 2024, the Company has $358.6 million available under the Equity ATM Program.

    On April 20, 2021, our wholly owned subsidiary, Capital Southwest SBIC I, LP (“SBIC I”), received a license from the Small Business Administration (the “SBA”) to operate as a Small Business Investment Company (“SBIC”) under Section 301(c) of the Small Business Investment Act of 1958, as amended. The SBIC license allows SBIC I to obtain leverage by issuing SBA-guaranteed debentures (“SBA Debentures”), subject to the issuance of a leverage commitment by the SBA. SBA debentures are loans issued to an SBIC that have interest payable semi-annually and a ten-year maturity. The interest rate is fixed shortly after issuance at a market-driven spread over U.S. Treasury Notes with ten-year maturities. As of December 31, 2024, SBIC I had a total leverage commitment from the SBA in the amount of $175.0 million, all of which was drawn.

    Share Repurchase Program

    On July 28, 2021, the Company’s board of directors (the “Board”) approved a share repurchase program authorizing the Company to repurchase up to $20 million of its outstanding shares of common stock in the open market at certain thresholds below its NAV per share, in accordance with guidelines specified in Rules 10b5-1(c)(1)(i)(B) and 10b-18 under the Securities Exchange Act of 1934, as amended. On August 31, 2021, the Company entered into a share repurchase agreement, which became effective immediately, and the Company will cease purchasing its common stock under the share repurchase program upon the earlier of, among other things: (1) the date on which the aggregate purchase price for all shares equals $20 million including, without limitation, all applicable fees, costs and expenses; or (2) upon written notice by the Company to the broker that the share repurchase agreement is terminated. During the quarter ended December 31, 2024, the Company did not repurchase any shares of the Company’s common stock under the share repurchase program.

    Regular Dividend of $0.58 Per Share and Supplemental Dividend of $0.06 Per Share for Quarter Ended March 31, 2025

    On January 29, 2025, the Board declared a total dividend of $0.64 per share for the quarter ending March 31, 2025, comprised of a Regular Dividend of $0.58 per share and a Supplemental Dividend of $0.06 per share.

    The Company’s dividend will be payable as follows:

    Regular Dividend
       
    Amount Per Share: $0.58
    Ex-Dividend Date: March 14, 2025
    Record Date: March 14, 2025
    Payment Date: March 31, 2025
       
    Supplemental Dividend
       
    Amount Per Share: $0.06
    Ex-Dividend Date: March 14, 2025
    Record Date: March 14, 2025
    Payment Date: March 31, 2025
       

    When declaring dividends, the Board reviews estimates of taxable income available for distribution, which may differ from net investment income under generally accepted accounting principles. The final determination of taxable income for each year, as well as the tax attributes for dividends in such year, will be made after the close of the tax year.

    Capital Southwest maintains a dividend reinvestment plan (“DRIP”) that provides for the reinvestment of dividends on behalf of its registered stockholders who hold their shares with Capital Southwest’s transfer agent and registrar, American Stock Transfer and Trust Company.  Under the DRIP, if the Company declares a dividend, registered stockholders who have opted into the DRIP by the dividend record date will have their dividend automatically reinvested into additional shares of Capital Southwest common stock. 

    Third Quarter 2025 Earnings Results Conference Call and Webcast

    Capital Southwest has scheduled a conference call on Tuesday, February 4, 2025, at 11:00 a.m. Eastern Time to discuss the third quarter 2025 financial results. You may access the call by using the Investor Relations section of Capital Southwest’s website at www.capitalsouthwest.com, or by using http://edge.media-server.com/mmc/p/viedrjap.

    An audio archive of the conference call will also be available on the Investor Relations section of Capital Southwest’s website.

    For a more detailed discussion of the financial and other information included in this press release, please refer to the Capital Southwest’s Form 10-Q for the period ended December 31, 2024 to be filed with the Securities and Exchange Commission (the “SEC”) and Capital Southwest’s Third Fiscal Quarter 2025 Earnings Presentation to be posted on the Investor Relations section of Capital Southwest’s website at www.capitalsouthwest.com.

    About Capital Southwest

    Capital Southwest Corporation (Nasdaq: CSWC) is a Dallas, Texas-based, internally managed business development company with approximately $1.7 billion in investments at fair value as of December 31, 2024. Capital Southwest is a middle market lending firm focused on supporting the acquisition and growth of middle market businesses with $5 million to $50 million investments across the capital structure, including first lien, second lien and non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be creative in its financing solutions and to invest to support the growth of its portfolio companies over long periods of time.

    Forward-Looking Statements
    This press release contains historical information and forward-looking statements with respect to the business and investments of Capital Southwest, including, but not limited to, the statements about Capital Southwest’s future performance and financial performance and financial condition, Capital Southwest’s ability to continue to grow its balance sheet, the timing, form and amount of any distributions or supplemental dividends in the future, and Capital Southwest’s receipt of a second SBIC license. Receipt of a green light letter provides no assurance that the SBA will ultimately issue an SBIC license, and Capital Southwest has received no assurance or indication from the SBA as such, or of a timeframe in which it would receive its second SBIC license, should one be granted. Forward-looking statements are statements that are not historical statements and can often be identified by words such as “will,” “believe,” “expect” and similar expressions and variations or negatives of these words. These statements are based on management’s current expectations, assumptions and beliefs. They are not guarantees of future results and are subject to numerous risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. These risks include risks related to: changes in the markets in which Capital Southwest invests; changes in the financial, capital, and lending markets; changes in the interest rate environment and its impact on our business and our portfolio companies; regulatory changes; tax treatment; our ability to operate SBIC I as a small business investment company; an economic downturn and its impact on the ability of our portfolio companies to operate and the investment opportunities available to us; the impact of supply chain constraints and labor shortages on our portfolio companies; and the elevated levels of inflation and its impact on our portfolio companies and the industries in which we invests.

    Readers should not place undue reliance on any forward-looking statements and are encouraged to review Capital Southwest’s Annual Report on Form 10-K for the year ended March 31, 2024 and any subsequent filings with the SEC, including the “Risk Factors” sections therein, for a more complete discussion of the risks and other factors that could affect any forward-looking statements. Except as required by the federal securities laws, Capital Southwest does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changing circumstances or any other reason after the date of this press release.

    Investor Relations Contact:

    Michael S. Sarner, Chief Financial Officer
    214-884-3829

     
    CAPITAL SOUTHWEST CORPORATION AND SUBSIDIARIES
    CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES
    (In thousands, except shares and per share data)
           
      December 31,   March 31,
        2024       2024  
      (Unaudited)    
    Assets      
    Investments at fair value:      
    Non-control/Non-affiliate investments (Cost: $1,481,051 and $1,276,690, respectively) $ 1,471,215     $ 1,286,355  
    Affiliate investments (Cost: $223,612 and $200,013, respectively)   221,044       190,206  
    Control investments (Cost: $8,619 and $0, respectively)   9,027        
    Total investments (Cost: $1,713,282 and $1,476,703, respectively)   1,701,286       1,476,561  
    Cash and cash equivalents   36,013       32,273  
    Receivables:      
    Dividends and interest   28,237       22,928  
    Escrow         16  
    Other   4,056       7,276  
    Income tax receivable   668       336  
    Debt issuance costs (net of accumulated amortization of $9,685 and $7,741, respectively)   9,938       10,928  
    Other assets   8,867       6,440  
    Total assets $ 1,789,065     $ 1,556,758  
           
    Liabilities      
    SBA Debentures (net of $4,279 and $4,305, respectively, of unamortized debt issuance costs) $ 170,721     $ 148,695  
    January 2026 Notes (net of $0 and $612, respectively, of unamortized debt issuance costs)         139,388  
    October 2026 Notes (net of $1,346 and $1,923, respectively, of unamortized debt issuance costs)   148,654       148,077  
    August 2028 Notes (net of $1,800 and $2,182, respectively, of unamortized debt issuance costs)   70,075       69,693  
    2029 Convertible Notes (net of $7,256 and $0, respectively, of unamortized debt issuance costs)   222,744        
    Credit Facilities   308,000       265,000  
    Other liabilities   20,993       17,381  
    Accrued restoration plan liability   556       570  
    Income tax payable   1,251       281  
    Deferred tax liability   15,629       11,997  
    Total liabilities   958,623       801,082  
           
    Commitments and contingencies (Note 11)      
           
    Net Assets      
    Common stock, $0.25 par value: authorized, 75,000,000 shares at December 31, 2024 and March 31, 2024; issued, 50,051,332 shares at December 31, 2024 and 45,050,759 shares at March 31, 2024   12,513       11,263  
    Additional paid-in capital   903,513       796,945  
    Total distributable (loss) earnings   (85,584 )     (52,532 )
    Total net assets   830,442       755,676  
    Total liabilities and net assets $ 1,789,065     $ 1,556,758  
    Net asset value per share (50,051,332 shares outstanding at December 31, 2024 and 45,050,759 shares outstanding at March 31, 2024) $ 16.59     $ 16.77  
                   
                   
     
    CAPITAL SOUTHWEST CORPORATION AND SUBSIDIARIES
    CONSOLIDATED STATEMENTS OF OPERATIONS
    (Unaudited)
    (In thousands, except shares and per share data)
                   
      Three Months Ended   Nine Months Ended
      December 31,   December 31,
        2024       2023       2024       2023  
    Investment income:              
    Interest income:              
    Non-control/Non-affiliate investments $ 37,789     $ 33,627     $ 114,346     $ 97,924  
    Affiliate investments   4,767       4,214       14,253       12,691  
    Control investments   333             975        
    Payment-in-kind interest income:              
    Non-control/Non-affiliate investments   2,717       3,452       7,025       5,329  
    Affiliate investments   529       621       1,670       1,926  
    Dividend income:              
    Non-control/Non-affiliate investments   586       2,447       3,525       3,233  
    Affiliate investments         96       51       187  
    Control investments         2,129             6,439  
    Fee income:              
    Non-control/Non-affiliate investments   3,671       1,655       6,589       2,949  
    Affiliate investments   525       115       1,443       632  
    Control investments   8       17       75       62  
    Other income   1,048       193       2,081       332  
    Total investment income   51,973       48,566       152,033       131,704  
    Operating expenses:              
    Compensation   2,388       3,919       7,844       8,762  
    Share-based compensation   1,544       1,188       4,306       3,387  
    Interest   14,717       11,473       39,751       31,635  
    Professional fees   998       919       3,450       2,863  
    General and administrative   1,643       1,301       4,699       3,877  
    Total operating expenses   21,290       18,800       60,050       50,524  
    Income before taxes   30,683       29,766       91,983       81,180  
    Federal income, excise and other taxes   474       392       1,016       841  
    Deferred taxes   (107 )     515       627       (270 )
    Total income tax provision   367       907       1,643       571  
    Net investment income $ 30,316     $ 28,859     $ 90,340     $ 80,609  
    Realized (loss) gain              
    Non-control/Non-affiliate investments $ (12,889 )   $ (7,849 )   $ (22,374 )   $ (13,445 )
    Affiliate investments   84             251       (6,503 )
    Control investments               (260 )      
    Income tax benefit (provision)         7             (286 )
    Total net realized (loss) gain on investments, net of tax   (12,805 )     (7,842 )     (22,383 )     (20,234 )
    Net unrealized (depreciation) appreciation on investments              
    Non-control/Non-affiliate investments   (5,229 )     8,569       (19,455 )     4,648  
    Affiliate investments   7,745       (6,829 )     7,193       1,302  
    Control investments   (354 )     778       408       2,944  
    Income tax (provision) benefit   (3,009 )     (51 )     (2,720 )     1,012  
    Total net unrealized (depreciation) appreciation on investments, net of tax   (847 )     2,467       (14,574 )     9,906  
    Net realized and unrealized (losses) gains on investments   (13,652 )     (5,375 )     (36,957 )     (10,328 )
    Realized loss on extinguishment of debt   (387 )           (387 )     (361 )
    Realized loss on disposal of fixed assets   (9 )           (9 )      
    Net increase in net assets from operations $ 16,268     $ 23,484     $ 52,987     $ 69,920  
                   
    Pre-tax net investment income per share – basic $ 0.64     $ 0.72     $ 1.95     $ 2.05  
    Net investment income per share – basic $ 0.63     $ 0.70     $ 1.92     $ 2.04  
    Net increase in net assets from operations – diluted $ 0.34     $ 0.57     $ 1.12     $ 1.77  
    Net increase in net assets from operations – basic $ 0.34     $ 0.57     $ 1.13     $ 1.77  
    Weighted average shares outstanding – basic   48,315,228       41,513,773       47,079,617       39,610,643  
    Weighted average shares outstanding – diluted   54,121,844       41,513,773       49,022,194       39,610,643  

    The MIL Network

  • MIL-OSI: Diamondback Energy, Inc. Announces Appointment to the Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    MIDLAND, Texas, Feb. 03, 2025 (GLOBE NEWSWIRE) — Travis Stice, Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”), is pleased to announce that effective February 3, 2025, the Company added Darin G. Holderness to the Board of Directors.

    Mr. Holderness has over 30 years of experience in various roles of increasing responsibility in the energy sector, including, among others, founder and Chief Financial Officer of P&A Exchange LLC, an oilfield services company, Chief Financial Officer of ProPetro Holding Corp., an oilfield services company, Senior Vice President, Chief Financial Officer and Treasurer of Concho Resources, an oil and gas exploration and production company, and over nine years with KPMG LLP, where his practice focused on the energy sector. Mr. Holderness has served on the board of directors of JMR Services LLC, an oilfield services company focused on the plug and abandonment of oil and gas wells, since May 2024. Mr. Holderness also served on the board of directors of Ranger Oil Corporation from September 2016 to October 2021, including as its chairman from February 2018 to January 2021, and served on the board of directors of Rock Solid Lifestyles, Inc. from September 2016 to April 2024. Mr. Holderness graduated from Boise State University with a Bachelor of Business Administration in Accounting in 1986 and is a Certified Public Accountant.

    “Diamondback is excited to announce the addition of Darin to the Board of Directors as the fourth Board member from the Endeavor merger completed late last year.  Darin knows the Permian Basin and knows the Diamondback story well from his time spent in various roles throughout the Permian.  I am confident his skillset, particularly as a member of the audit committee, will complement the Board well,” stated Mr. Stice.

    About Diamondback Energy, Inc.

    Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com.

    Investor Contact:
    Adam Lawlis
    +1 432.221.7467
    alawlis@diamondbackenergy.com

    The MIL Network

  • MIL-OSI: Cipher Mining Announces January 2025 Operational Update

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for January 2025.

    Key Highlights

    Key Metrics January 2025
    BTC Mined1 219
    BTC Sold 471
    BTC Held2 1,091
    Deployed Mining Rigs 75,000
    Month End Operating Hashrate (EH/s) 13.5
    Month End Fleet Efficiency (J/TH) 18.9


    1
    Includes January power sales estimates (based on current meter data and nodal prices) equivalent to 1 bitcoin (using month-end bitcoin price of $102,297) and 29 BTC mined at JV data centers representing Cipher’s ownership

    2 Includes ~325 BTC pledged as collateral

    Management Commentary for January

    Cipher continued to make progress at its Black Pearl site, nearing completion of the Phase 1 buildings, which cover more than 100,000 square feet. In addition, the Company continued discussions with potential tenants and financing partners, aligning with management’s vision to establish Cipher as a leader in HPC data center development.

    Bitcoin Production and Operations Updates for January 2025

    Cipher produced ~2191 BTC in January. As part of its regular treasury management process, Cipher sold ~471 BTC in January, ending the month with a balance of ~1,0912 BTC.

    Construction at Black Pearl site. Each of miner wings 1-3 is ~1,000 feet long and will hold approximately 13,440 mining rigs.

    About Cipher

    Cipher is focused on the development and operation of industrial-scale data centers for bitcoin mining and HPC hosting. Cipher aims to be a market leader in innovation, including in bitcoin mining growth, data center construction and as a hosting partner to the world’s largest HPC companies. To learn more about Cipher, please visit https://www.ciphermining.com/.

    Forward Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, such as, statements about its beliefs and expectations regarding its planned business model and strategy, its bitcoin mining and HPC data center development and management plans and objectives, are forward-looking statements and should be evaluated as such. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and its management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, Cipher’s evolving business model and strategy and efforts it may make to modify aspects of its business model or engage in various strategic initiatives, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the Securities and Exchange Commission (“SEC”), as any such factors may be updated from time to time in the Company’s other filings with the SEC, including without limitation, the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The Company maintains a dedicated investor website at https://investors.ciphermining.com/investors (“Investors’ Website”). Financial and other important information regarding the Company is routinely posted on and accessible through the Investors Website. Cipher uses its Investors’ Website as a distribution channel of material information about the Company, including through press releases, investor presentations, reports and notices of upcoming events. Cipher intends to utilize its Investors’ Website as a channel of distribution to reach public investors and as a means of disclosing material non-public information for complying with disclosure obligations under Regulation FD. In addition, you may sign up to automatically receive email alerts and other information about the Company by visiting the “Email Alerts” option under the Investors Resources section of Cipher’s Investors’ Website and submitting your email address.

    Contacts:
    Investor Contact:
    Courtney Knight
    Head of Investor Relations at Cipher Mining 
    courtney.knight@ciphermining.com

    Media Contact:
    Ryan Dicovitsky / Kendal TillDukas
    Linden Public Relations 
    CipherMining@DLPR.com


    1 Includes January power sales estimates (based on current meter data and nodal prices) equivalent to 1 bitcoin (using month-end bitcoin price of $102,297) and 29 BTC mined at JV data centers representing Cipher’s ownership

    2 Includes ~325 BTC pledged as collateral

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a183532-b55f-42d1-ae4d-82b3ba284880

    The MIL Network

  • MIL-OSI: Synaptics Announces CEO Transition

    Source: GlobeNewswire (MIL-OSI)

    • Michael Hurlston Steps Down as President and CEO to Pursue Another Opportunity
    • Ken Rizvi, CFO and Senior Vice President, Appointed Interim CEO
    • Company Reports Preliminary Financial Results for Fiscal Second Quarter 2025

    SAN JOSE, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) — Synaptics® Incorporated (Nasdaq: SYNA) today announced a leadership transition under which Michael Hurlston is stepping down as President and Chief Executive Officer and as a member of the Board of Directors, effective immediately. As separately announced today, Hurlston will assume the role of CEO at Lumentum Holdings Inc.

    Synaptics’ Board of Directors has appointed Ken Rizvi, Chief Financial Officer, as Interim CEO during this transition. In addition, Nelson Chan, Chairman of the Synaptics Board, will assume the role of Executive Chairman until a new CEO is named.

    The Board has commenced a search for Synaptics’ next CEO and is in the process of engaging an executive search firm. The Board will consider both internal and external candidates.

    “On behalf of the Board of Directors, I want to thank Michael for his invaluable contributions to Synaptics over the last five years and for his dedication to transforming the company into a driving force behind innovation and growth in AI at the Edge,” said Nelson Chan. “We are deeply grateful for his leadership, and we wish him well in his future endeavors. I am confident that Ken and Synaptics’ strong leadership team will ensure seamless execution during this transition. We are well positioned to continue delivering next-generation products and solutions to our customers and advancing our strategic goals.”

    “It has been a privilege to work alongside the talented team at Synaptics, and I want to thank them for their dedication throughout this journey,” said Michael Hurlston. “I am extremely proud of Synaptics’ success, and the innovative and diversified portfolio of solutions that the company is delivering to customers around the world.”

    “Michael has left an indelible mark on the company and built a strong foundation for the next phase of our growth,” said Ken Rizvi, CFO and Interim CEO. “We have enormous opportunities ahead and I look forward to working closely with the Board and the Synaptics leadership team to execute on our growth roadmap and capitalize on the increasing demand for our products and solutions.”

    In connection with today’s announcement, Synaptics released preliminary financial results for the second quarter of fiscal 2025. The company expects fiscal Q2 revenue of $267 million. On a GAAP and non-GAAP basis, the company expects gross margin to be in line with the mid-point of the guidance provided on November 7, 2024, operating expenses to be slightly above the mid-point of the guidance, and EPS to be above the mid-point of the guidance. The guidance provided on November 7, 2024 is shown below:

           
           
      GAAP Non-GAAP
    Adjustment
    Non-GAAP
           
    Revenue $265M ± $15M N/A N/A
           
    Gross Margin* 45.0 percent ±

    1.5 percent

    $23M 53.5 percent ± 1.0
    percent
           
    Operating Expense** $136M ± $4M $40M ± $2M $96M ± $2M
           
    Earnings (loss) per share*** ($0.45) ± $0.20 $1.30 $0.85 ± $0.20
           
           

    * Projected Non-GAAP gross margin excludes intangible asset amortization and share-based compensation.
    ** Projected Non-GAAP operating expense excludes share-based compensation, restructuring costs, and acquisition and integration related costs.
    *** Projected Non-GAAP earnings per share excludes share-based compensation, restructuring costs, acquisition and integration related costs, and other non-cash and Non-GAAP tax adjustments.

    Synaptics will provide further financial details when it reports second quarter fiscal 2025 results on Thursday, February 6, 2025, after the market closes. The company will host a conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET) during which management may discuss forward-looking information.  

    To participate on the live call, analysts and investors should pre-register at Synaptics Q2 FY2025 Earnings Call Registration.

    The preliminary financial results for the second quarter of fiscal 2025 are preliminary and are subject to completion and may change as a result of management’s continued review. Such preliminary financial results are subject to the finalization of quarter-end financial and accounting procedures. As a result, the preliminary financial results may materially differ from the actual results when they are completed and publicly disclosed.

    About Synaptics Incorporated  
    Synaptics (Nasdaq: SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is the force behind the next generation of technology enhancing how we live, work, and play. Follow Synaptics on LinkedIn, X, and Facebook, or visit www.synaptics.com.

    Cautionary Statement Regarding Forward-Looking Statements  
    This press release contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements related to the company’s current expectations and projections relating to its financial condition, results of operations, including the preliminary financial results for the second quarter of fiscal 2025, plans, including the company’s search for a CEO, objectives, future performance and business. Such forward-looking statements may include words such as “expect,” “anticipate,” “intend,” “believe,” “estimate,” “plan,” “target,” “strategy,” “continue,” “may,” “will,” “should,” variations of such words, or other words and terms of similar meaning. All forward-looking statements are based upon the company’s current expectations or various assumptions. The company’s expectations and assumptions are expressed in good faith, and the company believes there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including risks related to the completion of the company’s quarter-end financial and accounting procedures, the company’s dependence on its solutions for the Core IoT and Enterprise and Automotive product applications market for a substantial portion of its revenue; the volatility of the company’s net revenue from its solutions for Core IoT and Enterprise and Automotive product applications; the company’s dependence on one or more large customers; the company’s exposure to industry downturns and cyclicality in its target markets; the company’s ability to successfully offer product solutions for new markets; the company’s expectations regarding technology and strategic investments and the anticipated timing or benefits thereof; the company’s ability to execute on its cost reduction initiatives and to achieve expected synergies and expense reductions; the company’s ability to maintain and build relationships with its customers; the company’s dependence on third parties to maintain satisfactory manufacturing yields and deliverable schedule; the company’s indemnification obligations for any third party claims; the uncertainty surrounding macroeconomic factors in the United States, and globally, impacting the supply chain environment, inflationary pressure, workforce reductions, regional instabilities and hostilities (including the conflict in the Middle East), the company’s ability to recruit and retain key personnel, and other risks as identified in the “Risk Factors,” “Management’ Discussion and Analysis of Financial Condition and Results of Operations” and “Business” sections of the company’s most recent Annual Report on Form 10-K and the company’s most recent Quarterly Report on Form 10-Q; and other risks as identified from time to time in the company’s Securities and Exchange Commission reports. For any forward-looking statements contained in this or any other document, the company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and the company assumes no obligation to update publicly or revise any forward-looking statements in light of new information or future events, except as required by law.

    Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners.

    For further information, please contact:  

    Investor Relations  
    Munjal Shah  
    Synaptics  
    +1-408-518-7639
    munjal.shah@synaptics.com

    Media Contact  
    Neeta Shenoy 
    Synaptics 
    +1-408-425-2654
    neeta.shenoy@synaptics.com

    The MIL Network

  • MIL-OSI Economics: ACP Statement on New Jersey Offshore Wind Project Solicitation Awards

    Source: American Clean Power Association (ACP)

    Headline: ACP Statement on New Jersey Offshore Wind Project Solicitation Awards

    WASHINGTON, D.C., February 3, 2025 – The American Clean Power Association (ACP) released the following statement from Jason Grumet, ACP CEO in response to New Jersey announcing they are not moving forward with new offshore wind project solicitation awards: 
    “New Jersey’s decision today to cancel its offshore wind procurement is a direct consequence of the uncertainty created by the recently issued executive order. Each offshore wind project represents a multibillion-dollar investment in American infrastructure. While the merits of each project must be evaluated based on the economic and energy needs of state and local interests, U.S. offshore wind represents critical investment necessary to maintain our nation’s competitive energy advantage.
    “The U.S. urgently needs more electricity, and offshore wind projects that have already gone through a comprehensive and rigorous permitting process are primed and ready to meet future energy demand. ACP looks forward to working with the Trump Administration to expedite its review and bring much-needed energy to the American people.”

    MIL OSI Economics

  • MIL-OSI USA: NASA Ames Stars of the Month: February 2025

    Source: NASA

    The NASA Ames Science Directorate recognizes the outstanding contributions of (pictured left to right) Michael Flynn, Ross Beyer, and Matt Johnson. Their commitment to the NASA mission represents the entrepreneurial spirit, technical expertise, and collaborative disposition needed to explore this world and beyond

    Space Biosciences Star: Michael Flynn
    Michael Flynn, a senior scientist and engineer in the Space Biosciences Branch, has over 35 years of groundbreaking contributions to life support systems and space technologies, including over 120 peer-reviewed publications and multiple prestigious awards. He is being recognized for his leadership in advancing water recycling technologies and his dedication to fostering innovation and mentorship within his team.

    Space Science and Astrobiology Star: Ross Beyer
    Ross Beyer is a planetary scientist in the Planetary Systems Branch for the Search for Extraterrestrial Intelligence (SETI) Institute, with scientific expertise in geomorphology, surface processes, and remote sensing of the solid bodies in our Solar System.  He is recognized for exemplifying leadership and teamwork through his latest selected 5-year proposal to support the Ames Stereo Pipeline, implementing open science processes, and serving as a Co-Investigator on several flight missions.

    Earth Science Star: Matthew Johnson
    Matthew Johnson is a research scientist in the Biospheric Science Branch (code SGE). Matt is recognized for his exemplary productivity in publishing in high-impact journals and success at leading and co-developing competitive proposals, while serving as a mentor and leader.  Matt recently expanded his leadership skills by assuming the position of Assistant Branch Chief of SGE and as an invited lead co-author of the December 2024 PANGEA white paper, which could lead to a new NASA HQ Terrestrial Ecology campaign.

    MIL OSI USA News

  • MIL-OSI USA: NASA’s InSight Finds Marsquakes From Meteoroids Go Deeper Than Expected

    Source: NASA

    With help from AI, scientists discovered a fresh crater made by an impact that shook material as deep as the Red Planet’s mantle.
    Meteoroids striking Mars produce seismic signals that can reach deeper into the planet than previously known. That’s the finding of a pair of new papers comparing marsquake data collected by NASA’s InSight lander with impact craters spotted by the agency’s Mars Reconnaissance Orbiter (MRO).
    The papers, published on Monday, Feb. 3, in Geophysical Research Letters (GRL), highlight how scientists continue to learn from InSight, which NASA retired in 2022 after a successful extended mission. InSight set the first seismometer on Mars, detecting more than 1,300 marsquakes, which are produced by shaking deep inside the planet (caused by rocks cracking under heat and pressure) and by space rocks striking the surface.
    By observing how seismic waves from those quakes change as they travel through the planet’s crust, mantle, and core, scientists get a glimpse into Mars’ interior, as well as a better understanding of how all rocky worlds form, including Earth and its Moon.

    Researchers have in the past taken images of new impact craters and found seismic data that matches the date and location of the craters’ formation. But the two new studies represent the first time a fresh impact has been correlated with shaking detected in Cerberus Fossae, an especially quake-prone region of Mars that is 1,019 miles (1,640 kilometers) from InSight.
    The impact crater is 71 feet (21.5 meters) in diameter and much farther from InSight than scientists expected, based on the quake’s seismic energy. The Martian crust has unique properties thought to dampen seismic waves produced by impacts, and researchers’ analysis of the Cerberus Fossae impact led them to conclude that the waves it produced took a more direct route through the planet’s mantle.
    InSight’s team will now have to reassess their models of the composition and structure of Mars’ interior to explain how impact-generated seismic signals can go that deep.
    “We used to think the energy detected from the vast majority of seismic events was stuck traveling within the Martian crust,” said InSight team member Constantinos Charalambous of Imperial College London. “This finding shows a deeper, faster path — call it a seismic highway — through the mantle, allowing quakes to reach more distant regions of the planet.”
    Spotting Mars Craters With MRO
    A machine learning algorithm developed at NASA’s Jet Propulsion Laboratory in Southern California to detect meteoroid impacts on Mars played a key role in discovering the Cerberus Fossae crater. In a matter of hours, the artificial intelligence tool can sift through tens of thousands of black-and-white images captured by MRO’s Context Camera, detecting the blast zones around craters. The tool selects candidate images for examination by scientists practiced at telling which subtle colorations on Mars deserve more detailed imaging by MRO’s High-Resolution Imaging Science Experiment (HiRISE) camera.
    “Done manually, this would be years of work,” said InSight team member Valentin Bickel of the University of Bern in Switzerland. “Using this tool, we went from tens of thousands of images to just a handful in a matter of days. It’s not quite as good as a human, but it’s super fast.”
    Bickel and his colleagues searched for craters within roughly 1,864 miles (3,000 kilometers) of InSight’s location, hoping to find some that formed while the lander’s seismometer was recording. By comparing before-and-after images from the Context Camera over a range of time, they found 123 fresh craters to cross-reference with InSight’s data; 49 of those were potential matches with quakes detected by the lander’s seismometer. Charalambous and other seismologists filtered that pool further to identify the 71-foot Cerberus Fossae impact crater.
    Deciphering More, Faster
    The more scientists study InSight’s data, the better they become at distinguishing signals originating inside the planet from those caused by meteoroid strikes. The impact found in Cerberus Fossae will help them further refine how they tell these signals apart.
    “We thought Cerberus Fossae produced lots of high-frequency seismic signals associated with internally generated quakes, but this suggests some of the activity does not originate there and could actually be from impacts instead,” Charalambous said.
    The findings also highlight how researchers are harnessing AI to improve planetary science by making better use of all the data gathered by NASA and ESA (European Space Agency) missions. In addition to studying Martian craters, Bickel has used AI to search for landslides, dust devils, and seasonal dark features that appear on steep slopes, called slope streaks or recurring slope linae. AI tools have been used to find craters and landslides on Earth’s Moon as well.
    “Now we have so many images from the Moon and Mars that the struggle is to process and analyze the data,” Bickel said. “We’ve finally arrived in the big data era of planetary science.”
    More About InSight
    JPL managed InSight for the agency’s Science Mission Directorate. InSight was part of NASA’s Discovery Program, managed by the agency’s Marshall Space Flight Center in Huntsville, Alabama. Lockheed Martin Space in Denver built the InSight spacecraft, including its cruise stage and lander, and supported spacecraft operations for the mission.
    A number of European partners, including France’s Centre National d’Études Spatiales (CNES) and the German Aerospace Center (DLR), supported the InSight mission. CNES provided the Seismic Experiment for Interior Structure (SEIS) instrument to NASA, with the principal investigator at IPGP (Institut de Physique du Globe de Paris). Significant contributions for SEIS came from IPGP; the Max Planck Institute for Solar System Research (MPS) in Germany; the Swiss Federal Institute of Technology (ETH Zurich) in Switzerland; Imperial College London and Oxford University in the United Kingdom; and JPL. DLR provided the Heat Flow and Physical Properties Package (HP3) instrument, with significant contributions from the Space Research Center (CBK) of the Polish Academy of Sciences and Astronika in Poland. Spain’s Centro de Astrobiología (CAB) supplied the temperature and wind sensors.
    A division of Caltech in Pasadena, California, JPL manages the Mars Reconnaissance Orbiter Project for NASA’s Science Mission Directorate, Washington. The University of Arizona, in Tucson, operates HiRISE, which was built by BAE Systems in Boulder, Colorado. The Context Camera was built by, and is operated by, Malin Space Science Systems in San Diego. 
    For more about Insight, visit:

    InSight Lander

    For more about MRO, visit:

    Mars Reconnaissance Orbiter

    News Media Contacts
    Andrew GoodJet Propulsion Laboratory, Pasadena, Calif.818-393-2433andrew.c.good@jpl.nasa.gov
    Karen Fox / Molly WasserNASA Headquarters, Washington202-358-1600|karen.c.fox@nasa.gov / molly.l.wasser@nasa.gov
    2025-013

    MIL OSI USA News

  • MIL-OSI USA: 30 Years Ago: STS-63, First Shuttle and Mir Rendezvous Mission 

    Source: NASA

    The first shuttle mission of 1995, STS-63 included several historic firsts. As part of Phase 1 of the International Space Station program, space shuttle Discovery’s 20th flight conducted the first shuttle rendezvous with the Mir space station, in preparation for future dockings. The six-person crew included Commander James Wetherbee, Pilot Eileen Collins – the first woman to pilot a space shuttle mission – Payload Commander Bernard Harris, and Mission Specialists Michael Foale, Janice Voss, and Vladimir Titov. The spacewalk conducted during the mission included the first African American and the first British born astronauts to walk in space. The crew conducted 20 science and technology experiments aboard the third flight of the Spacehab module. The astronauts deployed and retrieved the SPARTAN-204 satellite that during its two-day free flight carried out observations of galactic objects using an ultraviolet instrument. 

    NASA announced the six-person STS-63 crew in September 1993 for a mission then expected to fly in May 1994. Wetherbee, selected by NASA in 1984, had already flown twice in space, as pilot on STS-32 and commander of STS-52. For Collins, selected in the class of 1990 as the first woman shuttle pilot, STS-63 marked her first spaceflight. Also selected in 1990, Harris had flown previously on STS-55 and Voss on STS-57. Foale, selected as an astronaut in 1987, had flown previously on STS-45 and STS-56. Titov, selected as a cosmonaut in 1976, had flown two previous spaceflights – a two-day aborted docking mission to Salyut-7 and the first year-long mission to Mir – and survived a launch pad abort. He served as backup to Sergei Krikalev on STS-60, who now served as Titov’s backup. 

    Space shuttle Discovery arrived back at NASA’s Kennedy Space Center in Florida on Sept. 27, 1994, after a ferry flight from California following its previous mission, STS-64. Workers towed it to the Orbiter Processing Facility the next day. Following installation of the Spacehab, SPARTAN, and other payloads, on Jan. 5, 1995, workers rolled Discovery from the processing facility to the Vehicle Assembly Building for mating with an external tank and twin solid rocket boosters. Rollout to Launch Pad 39B took place on Jan. 10. On Jan. 17-18, teams conducted the Terminal Countdown Demonstration Test, a dress rehearsal for the countdown to launch planned for Feb. 2, with the astronaut crew participating in the final few hours as they would on launch day. They returned to Kennedy on Jan. 29 for final pre-launch preparations. On Feb. 2, launch teams called a 24-hour scrub to allow time to replace a failed inertial measurement unit aboard Discovery. 

    On Feb. 3, Discovery and its six-person crew lifted off from Launch Pad 39B at 12:22 a.m. EST, the time dictated by orbital mechanics – Discovery had to launch into the plane of Mir’s orbit. Within 8.5 minutes, Discovery had reached orbit, for the first time in shuttle history at an inclination of 51.6 degrees, again to match Mir’s trajectory. Early in the mission, one of Discovery’s 44 attitude control thrusters failed and two others developed minor but persistent leaks, threatening the Mir rendezvous.  

    On the mission’s first day in space, Harris and Titov activated the Spacehab module and several of its experiments. Wetherbee and Collins performed the first of five maneuvers to bring Discovery within 46 miles of Mir for the final rendezvous on flight day four. Teams on the ground worked with the astronauts to resolve the troublesome thruster problems to ensure a safe approach to the planned 33 feet. On flight day 2, as those activities continued, Titov grappled the SPARTAN satellite with the shuttle’s robotic arm and lifted it out of the payload bay. Scientists used the ultraviolet instrument aboard SPARTAN to investigate the ultraviolet glow around the orbiter and the aftereffects of thruster firings. The tests complete, Titov placed SPARTAN back in the payload bay.

    On flight day three, the astronauts continued working on science experiments while Wetherbee and Collins completed several more burns for the rendezvous on flight day four, the thruster issues resolved to allow the close approach to 33 feet. Flying Discovery manually from the aft flight deck, and assisted by his crew mates, Wetherbee slowly brought the shuttle to within 33 feet of the Kristall module of the space station. The STS-63 crew communicated with the Mir-17 crew of Aleksandr Viktorenko, Elena Kondakova, and Valeri Polyakov via VHF radio, and the crews could see each other through their respective spacecraft windows. After station-keeping for about 10 minutes, Wetherbee slowly backed Discovery away from Mir to a distance of 450 feet. He flew a complete circle around Mir before conducting a final separation maneuver. 

    On the mission’s fifth day, Titov once again grappled SPARTAN with the robotic arm, but this time after raising it above the payload bay, he released the satellite to begin its two-day free flight. Wetherbee steered Discovery away from the departing satellite. During its free flight, the far ultraviolet imaging spectrograph aboard SPARTAN recorded about 40 hours of observations of galactic dust clouds. During this time, the astronauts aboard the shuttle continued work on the 20 experiments in Spacehab and prepared for the upcoming spacewalk. 

    Wetherbee and the crew flew the second rendezvous of the mission on flight day seven to retrieve SPARTAN. Voss operated the robotic arm to capture and stow the satellite in the payload bay following its 43-hour free flight. Meanwhile, Foale and Harris suited up in the shuttle’s airlock and spent four hours breathing pure oxygen to rid their bodies of nitrogen to prevent decompression sickness, also known as the bends, when they reduced their spacesuit pressures for the spacewalk. 

    Foale and Harris exited the airlock minutes after Voss safely stowed SPARTAN. With Titov operating the robotic arm, Harris and Foale climbed aboard its foot restraint to begin the first phase of the spacewalk, testing modifications to the spacesuits for their thermal characteristics. Titov lifted them well above the payload bay and the two spacewalkers stopped moving for about 15 minutes, until their hands and feet got cold. The spacewalk then continued into its second portion, the mass handling activity. Titov steered Foale above the SPARTAN where he lifted the satellite up and handed it off to Harris anchored in the payload bay. Harris then moved it around in different directions to characterize handling of the 2,600-pound satellite. Foale and Harris returned to the airlock after a spacewalk lasting 4 hours 39 minutes. 

    The day following the spacewalk, the STS-63 crew finished the science experiments, closed down the Spacehab module, and held a news conference with reporters on the ground. Wetherbee and Collins tested Discovery’s thrusters and aerodynamic surfaces in preparation for the following day’s reentry and landing. The next day, on Feb. 11, they closed Discovery’s payload bay doors and put on their launch and entry suits. Wetherbee guided Discovery to a smooth landing on Kennedy’s Shuttle Landing Facility, ending the historic mission after eight days, six hours, and 28 minutes. They orbited the Earth 129 times. The mission paved the way for nine shuttle dockings with Mir beginning with STS-71, and 37 with the International Space Station. Workers at Kennedy towed Discovery to the processing facility to prepare it for its next mission, STS-70 in July 1995. 
    Over the next three years, Wetherbee, Collins, Foale, and Titov all returned to Mir during visiting shuttle flights, with Foale staying aboard as the NASA-5 long-duration crew member. Between 2001 and 2005, Wetherbee, Collins, and Foale also visited the International Space Station. Wetherbee commanded two assembly flights, Collins commanded the return to flight mission after the Columbia accident, and Foale commanded Expedition 8. 
    Enjoy the crew narrate a video about their STS-63 mission. 

    MIL OSI USA News

  • MIL-OSI USA: Lagniappe for February 2025

    Source: NASA

    Explore Lagniappe for February 2025 featuring:

    NASA Stennis Becomes Winter Wonderland

    Welcome to February, folks!
    The shortest month of the year is here, but do not let its number of days fool you.
    The month is full of energy and is welcomed with great enthusiasm.
    We have dusted ourselves off from a historic snowfall in January.
    The Super Bowl will be played in nearby New Orleans this month.
    Mardi Gras season is here, which means King Cake for all! What is not to love about that?
    The same kind of enthusiasm welcoming February is like the energy Gator felt when reading this month’s NASA Stennis employee feature story. I invite you to read it as well.
    It is a reminder that bringing energy into what you do is all about genuine passion and commitment. The “get-it-done attitude” at NASA Stennis is that kind of energy.
    The NASA Stennis culture of meeting any challenge head-on is what has helped power space dreams for six decades and counting in Mississippi.
    It helps fuel the NASA Stennis federal city, where skilled people daily support the space agency and various commercial test customers that conduct work onsite.
    When people come together, whether it is for the Super Bowl, Mardi Gras, or to power space dreams at NASA Stennis, something extraordinary can happen.
    When you combine a “get-it-done attitude” and a skilled workforce like the one at NASA Stennis, it leads to being a part of something great.
    Enjoy the month of February, and if, in the small chance you have an extra slice, pass this Gator some King Cake!
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    NASA Stennis Becomes Winter Wonderland

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    NASA Stennis Attends SpaceCom

    NASA Attends FAN EXPO New Orleans
    NASA reached out to inspire members of the Artemis Generation on Jan. 10-12, joining one of the largest comic con producers in the world to host an outreach booth at the 2025 FAN EXPO in New Orleans.

    NASA ASTRO CAMP® Hosts FIRST Robotics Kickoff Event

    NASA Stennis Employee Receives Service Leadership Award

    > Back to Top

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    Two words come to Tim Stiglets’ mind when he thinks about NASA’s Stennis Space Center near Bay St. Louis, Mississippi – growth and opportunity.

    > Back to Top

    > Back to Top

    Lagniappe is published monthly by the Office of Communications at NASA’s Stennis Space Center. The NASA Stennis office may be contacted by at 228-688-3333 (phone); ssc-office-of-communications@mail.nasa.gov (email); or NASA OFFICE OF COMMUNICATIONS, Attn: LAGNIAPPE, Mail code IA00, Building 1111 Room 173, Stennis Space Center, MS 39529 (mail).
    The Lagniappe staff includes: Managing Editor Lacy Thompson, Editor Bo Black, and photographer Danny Nowlin.
    To subscribe to the monthly publication, please email the following to ssc-office-of-communications@mail.nasa.gov – name, location (city/state), email address.

    MIL OSI USA News

  • MIL-OSI USA: NASA Attends FAN EXPO New Orleans

    Source: NASA

    NASA reached out to inspire members of the Artemis Generation on Jan. 10-12, joining one of the largest comic con producers in the world to host an outreach booth at the 2025 FAN EXPO in New Orleans.
    Thousands of fans celebrating the best in pop culture such as movies, comics, and video gaming learned about NASA’s Stennis Space Center near Bay St. Louis, Mississippi, and its role to power space dreams.

    The south Mississippi NASA center operates as NASA’s primary, and America’s largest, rocket propulsion test site. NASA Stennis serves the nation and commercial aerospace sector with its unique capabilities and expertise. In addition to testing rocket engines and stages to power future Artemis missions to the Moon and beyond, NASA Stennis provides a unique location and specialized assets to support the individual missions and work of about 50 federal, state, academic, commercial, and technology-based companies, and organizations.
    In addition to testing rocket engines and stages to power future Artemis missions to the Moon and beyond, NASA Stennis provides a unique location and specialized assets to support the individual missions and work of about 50 federal, state, academic, commercial, and technology-based companies, and organizations.

    MIL OSI USA News

  • MIL-OSI USA: The Drive for Better Fuels NASA Employee

    Source: NASA

    Two words come to Tim Stiglets’ mind when he thinks about NASA’s Stennis Space Center near Bay St. Louis, Mississippi – growth and opportunity.
    The Waveland, Mississippi, resident has experienced both in his career at the south Mississippi NASA center.
    He started as a summer intern onsite with Lockheed Martin in 2002. When The University of Southern Mississippi graduate joined the NASA team in 2019, he really started to understand how much activity happens at the unique federal city.
    NASA Stennis is home to more than 50 companies and organizations sharing in site operating costs.
    As a management and program analyst in the NASA Stennis Engineering and Test Directorate, Stiglets serves as the manager of the Product Lifecycle Management (PLM) Program. He describes the program as a one-stop shop for engineering data.
    Product lifecycle management (PLM) consists of technology, people, processes, and tools to track a product throughout its lifecycle.
    Think of it in terms of building a LEGO set. From the time one gets the idea of building the set, to when it is finished, played with, and taken apart, there is a lot to track.
    Stiglets’ work involves much bigger pieces, ranging from managing data for how a test stand is configured to tracking the configuration of NASA Stennis buildings and utilities systems that make up the infrastructure for America’s largest rocket propulsion test site. NASA Stennis facilities are valued at more than $2 billion.
    His work gives him a front-row seat to the growth and opportunity potential of NASA Stennis.
    “The cool thing about PLM is I get to be involved, in some small way, with NASA’s Artemis work, commercial test customers and all the Center Operations projects that support the federal city,” he said.
    The center tests rocket engines and stages to power future Artemis missions to the Moon and beyond. NASA Stennis also works with such commercial test customers as Relativity Space, Blue Origin, Rolls-Royce, Evolution Space, and Vast (formerly Launcher Space).
    “PLM is a center capability that we have evolved, so it does not matter if it is a water system, a test stand or building that is involved. It all kind of relies on, and ultimately somewhere down the line, hits the PLM system that has the drawings and engineering data needed for the project. That is probably the coolest thing about my work. I get to see a lot of different things that are going on in different areas.”
    Stiglets said it feels like every time he turns around, there is someone leasing a new building or joining the NASA Stennis federal city. The center has lease agreements for use of land and infrastructure with Relativity Space, Rocket Lab, and Evolution Space.
    “We have a get-it-done kind of attitude,” Stiglets said. “We are going to do whatever it takes to get the job done. If it is testing engines or anything else, we are going to get it done. From a propulsion testing standpoint, commercial companies that lease areas onsite can come in and have access to contract support and to the NASA folks who have decades worth of knowledge. The companies can leverage all of that expertise and tap into the knowledge.”
    The Long Beach, Mississippi, native speaks with enthusiasm when describing his time at NASA Stennis, where growth and opportunity continue forward.
    “How cool is it to work for NASA, even coming in as a contractor,” Stiglets said. “You get to be involved with something bigger and much beyond south Mississippi. The excitement of being involved with NASA so many years ago was very cool for me, especially being a college student. I still have that same excitement. Many years have passed, and day-to-day work changes, but ultimately, you are still looking to achieve big goals.”

    MIL OSI USA News

  • MIL-OSI USA: FEMA to Host Housing Resource Fair Feb. 8 in Valdosta

    Source: US Federal Emergency Management Agency

    Headline: FEMA to Host Housing Resource Fair Feb. 8 in Valdosta

    FEMA to Host Housing Resource Fair Feb. 8 in Valdosta

    FEMA is hosting a Housing Resource Fair from 9 a.m. to 5 p.m., Saturday, Feb. 8, in Valdosta at the following location:Lowndes Civic Center 2108 E Hill Ave, Building DValdosta, GA 31601The Housing Resource Fair will bring together federal, state and local agencies in one place to offer services and resources to families recovering from Hurricane Helene.  The goal of this collaborative effort is to help connect eligible disaster survivors with affordable housing along with valuable information and resources on their road to recovery.Survivors will meet with local housing organizations, property owners and landlords, as well as gain information on the HEARTS Georgia Sheltering Program, and U.S. Small Business Administration (SBA) loans.The Housing Resource Fair is an opportunity for survivors to: Explore affordable housing options and rental assistance programs. Meet with representatives from local housing organizations, landlords and property managers. Gain access to resources for displaced individuals and families. Learn about community partners that will provide educational funding resources to attendees. For FEMA Federal Coordinating Officer Kevin Wallace, the Housing Resource Fair will give survivors that needed one-on-one experience: “We want survivors to know we are here for them and want to see the best outcome, which is moving into safe, sanitary and functioning housing,” he said. “We will walk them through their options to ensure they are aware of the resources that are available to fit their need.”Anyone who was affected by Tropical Storm Debby or Hurricane Helene, whether they have applied for FEMA assistance or not, is welcome to attend.
    jakia.randolph
    Mon, 02/03/2025 – 14:35

    MIL OSI USA News

  • MIL-OSI USA: FEMA Offers Free Rebuilding Tips to Georgians in Laurens and Toombs Counties

    Source: US Federal Emergency Management Agency

    Headline: FEMA Offers Free Rebuilding Tips to Georgians in Laurens and Toombs Counties

    FEMA Offers Free Rebuilding Tips to Georgians in Laurens and Toombs Counties

    If you are making repairs to your home after Tropical Storm Debby (Aug. 4–20) or Hurricane Helene (Sept. 24—Oct. 20), you can get tips from FEMA to make your home safer and stronger at Home Depot in Dublin (Laurens County) and at Lowe’s in Vidalia (Toombs County).FEMA Community Education Outreach (C.E.O.) Mitigation Specialists are available to answer questions and offer home-improvement tips along with proven methods to prevent or reduce damage from future disasters. They will also offer tips and techniques on rebuilding hazard-resistant homes. Mitigation is an effort to reduce the loss of life and property damage by lessening the impact of a disaster. The FEMA specialists will be available at these locations during the times and dates listed below:LOCATIONSHome Depot1833 Veterans Blvd.Dublin, GA 31021Lowe’s Home Improvement3209 East First St.Vidalia, GA 30474TIMES AND DATES Monday through Saturday: 8 a.m. to 6 p.m., Feb. 3, 2025, through Feb. 15, 2025.  
    jakia.randolph
    Mon, 02/03/2025 – 13:31

    MIL OSI USA News

  • MIL-OSI USA: Disaster Recovery Centers in Appling and Emanuel counties to Permanently Close Feb. 5

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Centers in Appling and Emanuel counties to Permanently Close Feb. 5

    Disaster Recovery Centers in Appling and Emanuel counties to Permanently Close Feb. 5

    The Disaster Recovery Centers in Appling and Emanuel are set to permanently close at 6 p.m., Wednesday, Feb. 5. They are currently open 8 a.m. to 6 p.m., Monday through Saturday.The recovery centers are at these locations:Appling CountyAppling County Center 83 S. Oak St.Baxley, GA 31513 Emanuel CountySoutheastern Technical CollegeSpecial Programs Bldg.346 Kite Road, Building 1Swainsboro, GA 30401There are other centers currently operating in Georgia. Residents can find the center closest to them by going to fema.gov/drc. All centers are accessible to people with disabilities or access and functional needs.There are additional ways to apply for assistance:Online at DisasterAssistance.gov.The FEMA App for mobile devicesCall toll-free 800-621-3362.  Survivors can also contact the Georgia Call Center Monday through Saturday at 678-547-2861 for assistance with their application.For an accessible video on how to apply for assistance go to FEMA Accessible: Applying for Individual Assistance – YouTube.FEMA provides help to all disaster survivors, regardless of race, color, national origin, sex, sexual orientation, religion, age, disability, English proficiency or economic status. Our top priority is ensuring that disaster assistance is reaching people in need.
    jakia.randolph
    Mon, 02/03/2025 – 13:35

    MIL OSI USA News

  • MIL-OSI USA: FEMA Offices to Close for President Carter’s State Funeral, Jan. 9

    Source: US Federal Emergency Management Agency

    Headline: FEMA Offices to Close for President Carter’s State Funeral, Jan. 9

    FEMA Offices to Close for President Carter’s State Funeral, Jan. 9

    SANTA FE, New Mexico — President Joe Biden has declared Thursday, Jan. 9, a National Day of Mourning for former President Jimmy Carter, who died on Dec. 29 at the age of 100. The official state funeral for Carter will take place on Jan. 9 in Washington, D.C.President Carter established the Federal Emergency Management Agency (FEMA) on April 1, 1979. Out of respect for the former president, federal offices will be closed that day, including all FEMA offices in Chaves County:The Roswell Disaster Recovery Center (DRC) at the Roswell Mall will be closed on Jan. 9 and will reopen at 10 a.m., on Friday, Jan. 10.The FEMA telephone Helpline will also be closed on Jan. 9 and will resume regular hours, 5 a.m. to 9 p.m., on Jan. 10.For the latest information about the Chaves County recovery, visit fema.gov/disaster/4843. Follow FEMA Region 6 on social media at x.com/FEMARegion6 and facebook.com/femaregion6.
    alexa.brown
    Mon, 02/03/2025 – 13:10

    MIL OSI USA News

  • MIL-OSI USA: Preliminary Flood Maps for Parker County, Texas Ready for Public View

    Source: US Federal Emergency Management Agency

    Headline: Preliminary Flood Maps for Parker County, Texas Ready for Public View

    Preliminary Flood Maps for Parker County, Texas Ready for Public View

    DENTON, Texas – Preliminary Flood Insurance Rate Maps (FIRMs) are available for review by residents and business owners in the cities of Aledo, Annetta South, Azle, Cresson, Fort Worth, Hudson Oaks, Weatherford, Willow Park and unincorporated areas of Parker County, Texas.Property owners are encouraged to review the latest information to learn about local flood risks and potential future flood insurance requirements. Community residents can identify any concerns or questions about the information provided and participate in the appeal and comment period for the maps.For this Physical Map Revision, the FIRMs for Parker County serve multiple purposes, including defining Special Flood Hazard Areas (SFHAs). SFHAs are areas at high risk for flooding. Community leaders can use these maps to make informed decisions about building standards and development that will make the community more resilient and lessen the impacts of a flooding event.FEMA stresses that flooding can and does happen outside of the most vulnerable areas.Review the preliminary flood maps by visiting the local floodplain administrator (FPA). A FEMA Map Specialist can help identify community FPAs. Specialists are available by telephone at 877-FEMA-MAP (877-336-2627) or by email at FEMA-FMIX@fema.dhs.gov.The preliminary maps may also be viewed online:The Flood Map Changes Viewer at http://msc.fema.gov/fmcv FEMA Map Service Center at http://msc.fema.gov/portalFor more information about the flood maps:Use a live chat service about flood maps at floodmaps.fema.gov/fhm/fmx_main.html (just click on the “Live Chat Open” icon).Contact a FEMA Map Specialist by telephone at 877-FEMA-MAP (877-336-2627) or by email at FEMA-FMIX@fema.dhs.gov.There are cost-saving options available for those newly mapped into a high-risk flood zone. Learn more about your flood insurance options by talking with your insurance agent or visiting floodsmart.gov.
    alexa.brown
    Mon, 02/03/2025 – 12:50

    MIL OSI USA News

  • MIL-OSI USA: Station Nation: Meet Tandra Gill Spain, Computer Resources Senior Project Manager in the Avionics and Software Office 

    Source: NASA

    For astronauts aboard the International Space Station, staying connected to loved ones and maintaining a sense of normalcy is critical. That is where Tandra Gill Spain, a computer resources senior project manager in NASA’s Avionics and Software Office, comes in. Spain leads the integration of applications on Apple devices and the hardware integration on the Joint Station Local Area Network, which connects the systems from various space agencies on the International Space Station. She also provides technical lead support to the Systems Engineering and Space Operations Computing teams and certifies hardware for use on the orbiting laboratory. 
    Spain shares about her career with NASA and more. Read on to learn about her story, her favorite project, and the advice she has for the next generation of explorers. 

    Where are you from? 
    I am from Milwaukee, Wisconsin. 
    Tell us about your role at NASA. 
    I am the Apple subsystem manager where I lead the integration of applications on Apple devices as well as the hardware integration on the Joint Station Local Area Network. We use a variety of different software but I work specifically with our Apple products. I also provide technical lead support to the Systems Engineering and Space Operations Computing teams. In addition, I select and oversee the certification of hardware for use on the International Space Station, and I research commonly used technology and assess applicability to space operations.   
    How would you describe your job to family or friends who may not be familiar with NASA? 

    Tandra spain
    Computer Resources Senior Project Manager

    I get the opportunity to provide the iPads and associated applications that give astronauts the resources to access the internet. Having access to the internet affords them the opportunity to stay as connected as they desire with what is going on back home on Earth (e.g., stream media content, stay in touch with family and friends, and even pay bills). I also provide hardware such as Bluetooth speakers, AirPods, video projectors, and screens. 
    How long have you been working for NASA? 
    I have been with the agency for 30 years, including 22 years as a contractor. 
    What advice would you give to young individuals aspiring to work in the space industry or at NASA? 
    I have found that there is a place for just about everyone at NASA, therefore, follow your passion.  Although many of us are, you don’t have to be a scientist or engineer to work at NASA. Yearn to learn.  Pause and listen to those around you. You don’t know what you don’t know, and you will be amazed what gems you’ll learn in the most unexpected situations. 
    Additionally, be flexible and find gratitude in every experience. Many of the roles that I’ve had over the years didn’t come from a well-crafted, laid-out plan that I executed, but came from taking advantage of the opportunities that presented themselves and doing them to the best of my ability. 

    What was your path to NASA? 
    I moved to Houston to work at NASA’s Johnson Space Center immediately upon graduating from college. 
    Is there someone in the space, aerospace, or science industry that has motivated or inspired you to work for the space program? Or someone you discovered while working for NASA who inspires you?  
    I spent over half of my career in the Astronaut Office, and I’ve been influenced in different ways by different people, so it wouldn’t be fair to pick just one! 
    What is your favorite NASA memory? 
    I’ve worked on so many meaningful projects, but there are two recent projects that stand out.
    Humans were not created to be alone, and connection is extremely important. I was able to provide a telehealth platform for astronauts to autonomously video conference with friends and family whenever an internet connection is available. Prior to having this capability, crew were limited to one scheduled video conference a week. It makes me emotional to think that we have moms and dads orbiting the Earth on the space station and they can see their babies before they go to bed, when they wake up in the morning, or even in the middle of the night if needed.  
    In addition, since iPads are used for work as well as personal activities on station, it is important for my team to be able to efficiently keep the applications and security patches up to date. We completed the software integration and are in the process of wrapping up the certification of the Mac Mini to provide this capability. This will allow us to keep up with all software updates that Apple releases on a regular basis and minimize the amount of crew and flight controller team time associated with the task by approximately 85%. 

    What do you love sharing about station? What’s important to get across to general audiences to help them understand the benefits to life on Earth? 
    When I speak to the public about the space station, I like to compare our everyday lives on Earth to life on the station and highlight the use of technology to maintain the connection to those on Earth. For example, most people have a phone. Besides making a phone call, what do you use your phone for? It is amazing to know that the same capabilities exist on station, such as using apps, participating in parent teacher conferences, and more. 
    If you could have dinner with any astronaut, past or present, who would it be? 
    I would have dinner with NASA astronaut Ron McNair. He graduated from the same university as I did, and I’ve heard great stories about him. 
    Do you have a favorite space-related memory or moment that stands out to you? 
    As I mentioned previously, human connection is extremely important. As an engineer in the Astronaut Office, I worked on a project that provided more frequent email updates when Ku-Band communication was available. Previously, email was synced two to three times a day, and less on the weekend. When the capability went active, I sent the first email exchange. 
    What are some of the key projects you’ve worked on during your time at NASA? What have been your favorite?  
    There have been so many projects over the past 30 years that I don’t think I could select just one. There is something however, that I’ve done on many occasions that has brought me pure joy, which is attending outreach events as Johnson’s “Cosmo” mascot, especially Houston Astros games.    

    What are your hobbies/things you enjoy outside of work? 
    I enjoy crafting, traveling, mentoring students in Pearland Independent School District, spending time with family, and my Rooted Together community. 
    Day launch or night launch?  
    Night launch! 
    Favorite space movie? 
    Star Wars (the original version) 
    NASA “worm” or “meatball” logo? 
    Meatball 

    Every day, we’re conducting exciting research aboard our orbiting laboratory that will help us explore further into space and bring benefits back to people on Earth. You can keep up with the latest news, videos, and pictures about space station science on the Station Research & Technology news page. It’s a curated hub of space station research digital media from Johnson and other centers and space agencies.  
    Sign up for our weekly email newsletter to get the updates delivered directly to you.  
    Follow updates on social media at @ISS_Research on Twitter, and on the space station accounts on Facebook and Instagram.  

    MIL OSI USA News

  • MIL-OSI USA: Russian and Uzbek Nationals Charged with Conspiracy to File False Voter Registration Applications

    Source: US State of Vermont

    A Russian national and an Uzbek national, both residing in Florida, were arrested for their alleged participation in a scheme to submit false and fraudulent voter registration applications to the Pinellas County, Florida, Supervisor of Elections.

    According to court filings, Dmitry Shushlebin, 45, a citizen of Russia living in Miami Beach, and Sanjar Jamilov, 33, a citizen of Uzbekistan living in St. Petersburg, conspired to submit 132 fraudulent voter registration applications to the Pinellas County Supervisor of Elections in February and March 2023. These applications were submitted in names other than their own, in envelopes with return and address labels that were identically formatted, including containing the same typographical error, and bore various indicia of fraud including, among other things, repeating dates of birth and addresses and nearly sequential social security numbers. Change of address forms were also submitted to the U.S. Postal Service to route mail to the names and addresses on the fraudulent applications to three locations that Shushlebin and Jamilov allegedly controlled.

    Shushlebin and Jamilov are each charged with one count of conspiring to submit fraudulent voter registration applications and give false information in registering to vote. If convicted, each faces a maximum penalty of five years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Supervisory Official Antoinette T. Bacon of the Justice Department’s Criminal Division, U.S. Attorney Roger B. Handberg for the Middle District of Florida, Acting Inspector in Charge Steven Hodges of the U.S. Postal Inspection Service (USPIS) Miami Division, and Special Agent in Charge Matthew W. Fodor of the FBI Tampa Field Office made the announcement.

    USPIS, FBI, and the Florida Department of Law Enforcement are investigating the case. This case began after a referral from the Florida Department of State, Office of Election Crime and Security.

    Trial Attorney Leo J. Wise of the Criminal Division’s Public Integrity Section and Assistant U.S. Attorney Daniel J. Marcet for the Middle District of Florida are prosecuting the case.

    A criminal complaint is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL OSI USA News

  • MIL-OSI Security: Russian and Uzbek Nationals Charged with Conspiracy to File False Voter Registration Applications

    Source: United States Attorneys General 4

    A Russian national and an Uzbek national, both residing in Florida, were arrested for their alleged participation in a scheme to submit false and fraudulent voter registration applications to the Pinellas County, Florida, Supervisor of Elections.

    According to court filings, Dmitry Shushlebin, 45, a citizen of Russia living in Miami Beach, and Sanjar Jamilov, 33, a citizen of Uzbekistan living in St. Petersburg, conspired to submit 132 fraudulent voter registration applications to the Pinellas County Supervisor of Elections in February and March 2023. These applications were submitted in names other than their own, in envelopes with return and address labels that were identically formatted, including containing the same typographical error, and bore various indicia of fraud including, among other things, repeating dates of birth and addresses and nearly sequential social security numbers. Change of address forms were also submitted to the U.S. Postal Service to route mail to the names and addresses on the fraudulent applications to three locations that Shushlebin and Jamilov allegedly controlled.

    Shushlebin and Jamilov are each charged with one count of conspiring to submit fraudulent voter registration applications and give false information in registering to vote. If convicted, each faces a maximum penalty of five years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Supervisory Official Antoinette T. Bacon of the Justice Department’s Criminal Division, U.S. Attorney Roger B. Handberg for the Middle District of Florida, Acting Inspector in Charge Steven Hodges of the U.S. Postal Inspection Service (USPIS) Miami Division, and Special Agent in Charge Matthew W. Fodor of the FBI Tampa Field Office made the announcement.

    USPIS, FBI, and the Florida Department of Law Enforcement are investigating the case. This case began after a referral from the Florida Department of State, Office of Election Crime and Security.

    Trial Attorney Leo J. Wise of the Criminal Division’s Public Integrity Section and Assistant U.S. Attorney Daniel J. Marcet for the Middle District of Florida are prosecuting the case.

    A criminal complaint is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI

  • MIL-OSI Security: Upper Musquodoboit — RCMP arrests four people in relation to shots fired

    Source: Royal Canadian Mounted Police

    RCMP Halifax Regional Detachment has arrested four people following shots fired in Upper Musquodoboit.

    On February 1, at approximately 7:25 p.m., RCMP Halifax Regional Detachment, assisted by RCMP Southeast Traffic Services, Colchester County District RCMP and the RCMP’s Emergency Response Team (ERT) responded to a report of multiple shots fired near the 8800 block of Hwy. 224.

    At the scene, RCMP officers observed two vehicles leaving the residence where the incident occurred and completed traffic stops. Both drivers, one of whom exhibited signs of impairment, and two passengers were safely arrested.

    ERT then cleared the residence to ensure the safety of area residents and confirm no casualties inside the home. No injuries were reported.

    The information and evidence gathered indicates that multiple firearms were shot outside the residence. It was determined that the shots were not targeted towards people.

    The following day, investigators executed a search warrant at the property. They seized ammunition, empty casings and nine firearms.

    Benjamin Henry Oakley, 29, from Upper Musquodoboit, has been charged with:

    • Refusal to Comply with a Demand

    • Possession of a Weapon for a Dangerous Purpose

    • Unauthorized Possession of a Firearm (nine counts)

    • Contravention of Storage Regulations (nine counts)

    • Possession of a Firearm Knowing its Possession is Unauthorized (nine counts)

    • Discharging a Firearm – Recklessness

    Oakley was remanded into custody and will appear in Dartmouth Provincial Court later today.

    The three other individuals, aged 26, 25 and 39, from Upper and Middle Musquodoboit, were later released on conditions. They will appear in court at a later date to face firearms offences.

    During the dynamic response to the shots fired report, an RCMP officer lost two carbine magazines. They were later recovered, one of which crushed on the roadway; ten 5.56 mm rounds are currently unaccounted for.

    File #: 25-15284

    MIL Security OSI

  • MIL-OSI Security: Two Hard Money Lenders Charged for Defrauding Investors in Loans Made to Failed Fresno Company Bitwise Industries

    Source: Office of United States Attorneys

    FRESNO, Calif. — A federal grand jury returned a six-count indictment on Jan. 30, 2025, that charged David Hardcastle, 61, of Fresno, with conspiracy to commit wire fraud and substantive wire fraud for defrauding investors in loans made to the failed Fresno-based startup company Bitwise Industries, Acting U.S. Attorney Michele Beckwith announced today.

    The indictment was unsealed after Hardcastle’s arrest this morning, and he is scheduled to make his initial appearance in court this afternoon. Andrew Adler, 31, of Greenwich, Connecticut, has been charged by information and entered into a plea agreement with the government where he has agreed to plead guilty to conspiracy to commit wire fraud. Adler is scheduled to enter his guilty plea in court next month.

    According to court documents, from December 2022 through May 2023, Hardcastle and his business partner Adler gave Bitwise approximately $20 million in hard money loans through their special purpose entity Startop Investments LLC. They syndicated the loans to other investors. In doing so, they altered the original loan documents to make it appear that Bitwise was obligated to pay significantly less interest on the loans than was true. They also forged the signature of Bitwise’s Co-CEO, Jake Soberal, on the altered documents. This made the loans appear less risky and therefore more appealing to the investors.

    Hardcastle and Adler received tens of thousands of dollars in origination fees for the loans and stood to make millions more in secret profits from the higher, undisclosed interest rates had the loans been fully repaid. Moreover, one of the loans to Bitwise included a secure interest reserve of approximately $700,000. The investors were unaware of this reserve. Hardcastle and Adler then used these reserve funds to make an unrelated investment in another company that they operated without the investors’ authorization, and the money was not available to repay the investors when Bitwise collapsed in May 2023. Generally speaking, secure interest reserves are disclosed to loan investors and are supposed to help protect the investors in the event the borrower does not repay the loan on schedule.

    Bitwise did not repay the loans before collapsing. As a result, the investors in the loans lost nearly all of their money.

    This case is the product of an investigation by the Federal Bureau of Investigation. Assistant U.S. Attorneys Joseph Barton, Henry Carbajal III, and Cody Chapple are prosecuting the case.

    If convicted, Hardcastle and Adler each face maximum statutory penalties of 20 years in prison and a $250,000 fine for the conspiracy to commit wire fraud charge. Hardcastle also faces another 20 years in prison and a $250,000 fine for each of the substantive wire fraud charges. Any sentence, however, would be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables. The charges are only allegations; the defendants are presumed innocent until and unless proven guilty beyond a reasonable doubt.

    MIL Security OSI

  • MIL-OSI Security: Nicaraguan Man Sentenced for Making False Statement on Passport Application

    Source: Office of United States Attorneys

    NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced that SILVIO MENDOZA SANCHEZ (“SANCHEZ”), age 45, a citizen of Nicaragua, sentenced on January 27, 2025, after having previously pled guilty to making a false statement on a passport application, in violation of Title 18, United States Code, Section 1542.

    According to the court documents, SANCHEZ applied for a United States passport using the name, date of birth, and social security number of a Puerto Rican man.

    SANCHEZ was sentenced by United States District Judge Jay C. Zainey to (6) six months of probation.

    U.S. Attorney Evans praised the work of the United States Department of State, Diplomatic Security Service in investigating this matter.  Assistant United States Attorney Paul J. Hubbell of the General Crimes Unit is in charge of the prosecution.

    MIL Security OSI