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  • MIL-OSI USA: WHAT THEY ARE SAYING: Stakeholder Support for the Big, Beautiful Bill Act

    Source: United States House of Representatives – Congressman Dan Newhouse (4th District of Washington)

    Headline: WHAT THEY ARE SAYING: Stakeholder Support for the Big, Beautiful Bill Act

    WASHINGTON, D.C. – Last week, President Trump signed H.R. 1, the Big, Beautiful Bill Act, into law. This legislation delivers tax relief for working families and small businesses, protects nuclear energy investments, and strengthens the agriculture industry. 

    Here’s what they are saying about the Big, Beautiful Bill Act (H.R. 1): 

    Michelle Hennings, Executive Director, Washington Association of Wheat Growers, said, “We want to recognize Congressman Newhouse’s efforts to make sure our growers have the support they need to continue supplying the nation and the world with top quality wheat. The increase in the wheat reference price will more closely match the actual cost of production, giving much-needed support to growers who are struggling to make a profit when prices are low. We are also appreciative of the Congressman’s work to protect crop insurance, making it more affordable for farmers to adequately cover their crops in the face of drought or other natural disasters.” 

    Bob Schuetz, CEO, Energy Northwest, said, “I am pleased that Congress acknowledges the key role of nuclear power for America’s energy future. While policymaking involves hard choices, Representative Newhouse has consistently championed the U.S. as a leader in advanced nuclear technology. I am excited about actively pursuing the expansion of carbon-free and reliable electricity, marking the next chapter for nuclear energy in America.” 

    Former Congressman Rodney Davis, Head of Government Affairs, U.S. Chamber of Commerce, said, “The One Big Beautiful Bill not only prevented the largest tax increase on the American people in history, it made permanent critical pro-growth provisions that will enable businesses of all sizes, especially small businesses, to grow and thrive. This will strengthen America’s economy and result in greater economic prosperity for all. We thank Congressman Newhouse for his leadership and for supporting this crucial legislation.” 

    David Reeploeg, Vice President for Federal Programs, TRIDEC, said, “Congressman Newhouse worked incredibly hard to prevent nuclear energy tax credits from being removed from H.R. 1. Retaining these tax credits will help our existing nuclear energy facilities while also supporting advanced nuclear development, which is an area where we see huge opportunities for the Tri-Cities. Not only do the power plants create direct jobs, they also provide the baseload energy needed to attract industry and create even more family wage jobs. We sincerely appreciate Congressman Newhouse’s understanding of how important these tax credits, and nuclear energy, are for his district.” 

    Ted Tschirky, 2025 President, National Potato Council, and grower from Pasco, said, “We give great credit to Congressman Newhouse and the Chairmen of the House and Senate Agriculture Committees for taking the opportunity to deliver on key priorities for the specialty crop industry. The tax certainty provided by the bill, coupled with the historic enhancements in essential Farm Bill programs serving specialty crops will significantly improve our competitiveness against foreign competition well into the future.” 

    Clay Sell, CEO, X-energy, said, “For next-generation advanced nuclear companies, tax credits are more than just financial incentives—they’re a catalyst for market entry. For early movers, these credits significantly reduce capital risk, unlock private investment, and enable us to compete on a level footing with other energy technologies. Without them, commercialization slows and investor confidence erodes. With them, we’re positioned to scale faster and deliver reliable, always-on abundant power to the market.” 

    Bill Lampson, Chairman and CEO, Lampson International LLC, said, “Congressman Dan Newhouse’s support of the Big Beautiful Bill was essential for all Americans to avoid the Largest Tax Hike in history, which would have crippled future investments of all types. In our case, we have watched the construction industry struggle with the high cost of overly burdensome regulations, costly and lengthy permitting process and high taxes of all types.  The Big Beautiful Bill will allow the construction industry to flourish and create real jobs for many that would have otherwise gone without opportunity.   We are so thankful to have a Congressman who truly cares about the ability of his constituents to make a decent living and care for their families.

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    MIL OSI USA News

  • MIL-OSI USA: Newhouse Statement on Secretary of Agriculture Joining CFIUS

    Source: United States House of Representatives – Congressman Dan Newhouse (4th District of Washington)

    Headline: Newhouse Statement on Secretary of Agriculture Joining CFIUS

    WASHINGTON, D.C. – Today, Rep. Dan Newhouse (WA-04) released the following statement upon the announcement of a Memorandum of Understanding placing the United States Secretary of Agriculture on the Committee on Foreign Investment in the United States (CFIUS).

    “Over the past few years, we have learned about the significant threat the Chinese Communist Party poses to our supply chains and economy here at home. As a member of the House Appropriations Committee and Select Committee on the Chinese Communist Party, I have worked to ensure the CCP does not take roots on American farmland and around sensitive national security sites. Today, I’m encouraged to see the Secretary of Agriculture finally take a seat at the CFIUS table, and I look forward to working with Secretary Brooke Rollins to keep the CCP out of our backyards and away from American farms.” 

    This Memorandum between the Department of the Treasury and the Department of Agriculture implements a provision Rep. Newhouse secured in the Fiscal Year 2024 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations bill to add the Secretary of Agriculture to CFIUS.

    Specifically, it implements Section 787 of the Consolidated Appropriations Act, 2024 (P.L. 118-42).  

    Read the Memorandum here. 

    Background 

    Rep. Newhouse has led the effort in Congress to add the Secretary of Agriculture to CFIUS. 

    In addition to securing the provision in the appropriations legislation, Rep. Newhouse passed a bill out of the House of Representatives in September 2024 to add the Secretary to CFIUS. 

    In addition to securing the provision in the appropriations legislation, Rep. Newhouse passed a bill out of the House of Representatives in September 2024 to add the Secretary to CFIUS. 

    Rep. Newhouse is a founding member of the House Select Committee on the Chinese Communist Party tasked working on a bipartisan basis to build consensus on the threat posed by the CCP and develop a plan of action to defend the American people, our economy, and our values. 

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    MIL OSI USA News

  • MIL-OSI USA: Newhouse Commends Latest Administrative Action Protecting Lower Snake River Dams

    Source: United States House of Representatives – Congressman Dan Newhouse (4th District of Washington)

    Headline: Newhouse Commends Latest Administrative Action Protecting Lower Snake River Dams

    WASHINGTON, D.C. – Today, Rep. Dan Newhouse (WA-04) released the following statement after the Army Corps of Engineers and Bureau of Reclamation announced the withdrawal of the Notice of Intent to prepare a Supplemental Environmental Impact Statement (SEIS) for the Columbia River Systems Operations.

    “This decision is in line with what we have known for years; we can benefit from the Lower Snake River dams while working to improve salmon populations,” said Rep. Newhouse. 

    Newhouse continues, “The 2020 EIS reflects the scientific evidence, community input, and stakeholder engagement that should be at the center of these discussions. Unfortunately, the Biden administration disregarded these key parts of the process. I am glad to see this administration’s Army Corps of Engineers and the Bureau of Reclamation reverse course and rescind the plan for a supplemental EIS targeting our dams.”  

    Background: 

    In September 2020, the “Columbia River System Operations Environmental Impact Statement Record of Decision” for the Columbia River System Operation Environmental Impact Statement (CRSO EIS) published by the co-lead agencies, found that the Lower Snake River Dams should not be breached. Instead, it found that efforts should be focused on improving and maintaining hydropower assets while working to improve salmon passage and conditions.

    Subsequently, in December of 2023, the Biden Administration announced a 10-year stay in the CRSO mediation, alongside the new Resilient Columbia Basin Initiative (RCBI), an agreement that provides taxpayer dollars for wild fish restoration in the Columbia Basin. The RCBI includes U.S. government commitments that are detrimental to the operations of the CRSO and include a number of initiatives designed to weaken the operation of the Lower Snake River Dams and lead to their eventual breach. One of these commitments included a review of existing environmental compliance documents and initiating any supplemental compliance documents, which the previous administration deemed necessary when it issued a notice of intent (NOI) to supplement the 2020 EIS. This all occurred without the input of key regional stakeholders and was justified through unscientific studies.

    On June 12, 2025, President Trump signed a Memorandum revoking the Biden Administration’s “Restoring Healthy and Abundant Salmon, Steelhead, and Other Native Fish Populations in the Columbia River Basin” Memorandum. 

    The Memorandum directs the Secretary of Energy, the Secretary of the Interior, the Secretary of Commerce, and the Assistant Secretary of the Army for Civil Works to withdraw from agreements stemming from Biden’s misguided executive action, including the December 14, 2023, Memorandum of Understanding (MOU) filed in connection with related litigation. 

    Rescinding the NOI for a Supplemental EIS is the latest step in reversing the Biden administration’s executive actions targeting the Lower Snake River dams.  

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    MIL OSI USA News

  • MIL-OSI Security: Ponte Vedra Beach Man Pleads Guilty In Fraud Scheme Involving COVID-19 Personal Protective Equipment

    Source: United States Department of Justice (National Center for Disaster Fraud)

    Jacksonville, Florida – United States Attorney Gregory W. Kehoe announces that James Elliott Davis, II (36, Ponte Vedra Beach) has pleaded guilty to bank fraud, wire fraud, money laundering, and theft of mail. Davis faces up to 30 years in federal prison on the bank fraud count, up to 20 years in prison on the wire fraud count, up to 10 years in prison on the money laundering count, up to 5 years in prison on the theft of mail count and payment of restitution to the victims he defrauded. Davis has agreed to forfeit between $6.7 and $8.8 million, which are traceable to proceeds of the crimes he committed. No sentencing date has been set.   

    According to court documents, from March 2018 through 2022, Davis ran a purported medical supply company named Medisale Inc. Using false representations, Davis enticed individuals and business entities to invest large sums of money in Medisale. He falsely represented to victim-investors that Medisale was making significant profits on the sale of COVID-19 Personal Protective Equipment (PPE). He claimed to have contact with CEOs at various hospitals and that Medisale had contracts with hospitals to sell large volumes of N95 masks and other PPE. In convincing victim-investors to give him money, Davis showed fraudulent bank statements with large balances, claiming the money was from the sale of PPE.

    In reality, Medisale had no such contracts and had no true revenue from the sale of PPE. Instead, Davis kited checks and conducted fraudulent ACH/wire transfers between multiple financial institutions in order to artificially inflate the apparent balances on his bank accounts. Utilizing victim-investor funds, Davis paid off previous debts, paid other investors purported profits from the sale of PPE, and paid personal expenses. This included Davis using victim-investor money to purchase a membership at a luxury club in Ponte Vedra Beach and spending more than $27,000 on custom clothing. 

    This case was investigated by the Federal Deposit Insurance Corporation – Office of Inspector General, Florida Department of Law Enforcement, and the Internal Revenue Service Criminal Investigation. It is being prosecuted by Assistant United States Attorney Kevin C. Frein. The asset forfeiture is being handled by Assistant United States Attorney Jennifer M. Harrington.

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it by visiting the Justice Department’s National Center for Disaster Fraud (NCDF) via the NCDF Web Complaint Form at www. justice. gov/disaster-fraud/ncdf-disaster-complaint-form.

    MIL Security OSI

  • MIL-OSI Security: FEDERAL CHARGES FILED AGAINST TALLAHASSEE MAN FOR POSSESSION OF A FIREARM BY A CONVICTED FELON

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

    TALLAHASSEE, FLORIDA – Justin Antre Grantsteadman, 36, of Tallahassee, Florida, has been indicted in federal court for possession of a firearm by a convicted felon. John P. Heekin, United States Attorney for the Northern District of Florida announced the charges.

    Grantsteadman appeared before United States Magistrate Judge Martin A. Fitzpatrick yesterday for his arraignment at the United States Courthouse in Tallahassee, Florida.

    If convicted, he faces up to 15 years’ imprisonment.

    The case was investigated by the Bureau of Alcohol, Tobacco, Firearms, and Explosives, the United States Marshall Service, and the Tallahassee Police Department.  The case is being prosecuted by Assistant United States Attorney James A. McCain.

    An indictment is merely an allegation by a grand jury that a defendant has committed a violation of federal criminal law and is not evidence of guilt. All defendants are presumed innocent and entitled to a fair trial, during which it will be the government’s burden to prove guilt beyond a reasonable doubt at trial.

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

    The United States Attorney’s Office for the Northern District of Florida is one of 94 offices that serve as the nation’s principal litigators under the direction of the Attorney General.  To access public court documents online, please visit the U.S. District Court for the Northern District of Florida website. For more information about the United States Attorney’s Office, Northern District of Florida, visit http://www.justice.gov/usao/fln/index.html.

    MIL Security OSI

  • MIL-OSI Security: Charlotte Man Sentenced For Possession Of A Machinegun

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

    CHARLOTTE, N.C. – Joshua Michael Jenkins, 22, of Charlotte, was sentenced yesterday to 88 months in prison followed by three years of supervised release for possession of a machinegun, announced Russ Ferguson, U.S. Attorney for the Western District of North Carolina.

    According to court records, on October 30, 2022, a trooper with the North Carolina State Highway Patrol attempted to stop Jenkins for speeding on the interstate. Jenkins refused to stop and instead proceeded to drive at a high rate of speed, reaching speeds of 130 miles per hour. Court documents show that Jenkins exited the highway and ran a red light, where his vehicle collided with four other vehicles at an intersection. Jenkins then fled on foot and ran toward a shopping center. The state trooper ran after Jenkins and observed Jenkins holding a firearm in his hand, which he pointed at the trooper. Jenkins was eventually apprehended.

    According to court documents, law enforcement searched a trashcan in a parking lot nearby after a witness saw Jenkins drop something in it. Law enforcement recovered from the trashcan a Glock model 23, .40 caliber pistol, with an affixed machinegun conversion device, commonly referred to as a “Glock Switch.” During the investigation, law enforcement located multiple social media posts of Jenkins posing with firearms that appeared to be equipped with Glock switches, and a video showing muzzle flash and the sound of repeated firing of an automatic weapon.

    In making today’s announcement, U.S. Attorney Ferguson thanked the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives, the North Carolina Highway Patrol, the Charlotte Mecklenburg Police Department, and the Huntersville Police Department for their investigation of the case.

    Special Assistant U.S. Attorney (SAUSA) William Wiseman prosecuted the case. Mr. Wiseman is a state prosecutor with the office of the 26th Prosecutorial District and was assigned by District Attorney Spencer Merriweather to serve as a SAUSA with the U.S. Attorney’s Office in Charlotte. Mr. Wiseman is sworn in both state and federal courts. The SAUSA position is a reflection of the partnership between the District Attorney’s Office and the U.S. Attorney’s Office.

     

    MIL Security OSI

  • MIL-OSI Security: Federal Charges Brought After Man Fired at Nash County Deputy

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

    RALEIGH, N.C. – Federal charges were brought Tuesday against a Rocky Mount man, charging him with being a felon in possession of a firearm.  Montrel Devon Ingram, 36, appeared in federal court for his initial appearance.

    “We will act swiftly and relentlessly to investigate anyone who threatens our law enforcement officers and violates federal law,” said Acting U.S. Attorney Daniel P. Bubar. “This case reflects the strong, coordinated response from our federal and local partners, and I’m proud of the quick work that brought the defendant into custody.”

    “Keeping dangerous individuals and illegal firearms off our streets is critical to protecting our neighborhoods,” said Nash County Sheriff Keith Stone. “Thanks to the dedication of our deputies and the support of our federal partners, we were able to quickly apprehend the suspect and recover the weapon ensuring the safety of our community.”

    According to the information presented in the criminal complaint, Ingram was a passenger during a traffic stop in which the driver was suspected of driving under the influence. When backup arrived, Ingram fled on foot near the intersection of Ravenwood Drive and Canary Drive in Rocky Mount. A deputy from the Nash County Sheriff’s Office pursued Ingram after noticing him reaching into his waistband. The deputy shouted loud verbal commands for Ingram to show his hands. Shortly after, the deputy heard a gunshot and saw a muzzle flash coming from Ingram’s direction. Seeking cover while maintaining a clear line of sight on Ingram, the deputy observed him throw a firearm into the front yard of a nearby residence and then attempt to jump the fence into the backyard. The deputy quickly closed in on Ingram, ordering him to the ground. With the assistance of NC State Highway Patrol (NCSHP) troopers, the deputy was able to apprehend Ingram and take him into custody. They later located the thrown firearm, which had a spent shell casing stuck in the ejector port, causing it to jam. The magazine contained five additional rounds of ammunition.

    Ingram faces a maximum penalty of 15 years in prison if convicted.

    Daniel P. Bubar, Acting U.S. Attorney for the Eastern District of North Carolina made the announcement. The Bureau of Alcohol, Tobacco, Firearms and Explosives, the Nash County Sheriff’s Office, and the North Carolina State Highway Patrol assisted with the investigation and Assistant U.S. Attorney Phil Aubart is prosecuting the case.

    Related court documents and information are located on the website of the U.S. District Court for the Eastern District of North Carolina or on PACER by searching for Case No. 5:25-MJ-01851.

    A criminal complaint is merely an accusation. The defendant is presumed innocent until proven guilty.

    MIL Security OSI

  • MIL-OSI Security: Albuquerque Mother and Son Sentenced for Manufacturing and Selling Machinegun Conversion Devices

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

    ALBUQUERQUE – An Albuquerque mother and son who used Instagram and a 3D printer to traffic illegal machine gun conversion devices were sentenced in federal court following an undercover investigation by the ATF that uncovered a cache of firearms.

    There is no parole in the federal system.

    According to court documents, between February 3 and February 7, 2023, Joe Jasso, 21, used Instagram to advertise and sell illegal machine gun conversion devices (MCDs) which are used to convert firearms to fully automatic fire. Jasso communicated with an undercover detective from the ATF about selling AR-15 auto sears and MCDs. On February 7, 2023, Joe Jasso and his mother, Rachael Jasso, 43, met the undercover detective at Kiva Park, where Joe Jasso demonstrated how to install an MCD. Later that day, at a second meeting at Buffalo Wild Wings, Joe Jasso delivered an AR auto sear to the detective, and both Joe and Rachael Jasso confirmed they could make additional devices.

    On February 16, 2023, officers executed a search warrant at the Jasso residence in Northeast Albuquerque, where they found approximately ten firearms, five machine gun conversion devices, large quantities of ammunition, and a 3D printer used to manufacture the devices. Joe Jasso admitted to using Instagram to sell the switches and acknowledged modifying firearms, while neither Joe nor Rachael Jasso had the required federal licenses to possess or manufacture machine guns or conversion devices.

    Joe Jasso and Rachel Jasso both pleaded guilty to engaging in the business of dealing firearms without a license and possession of a machine gun conversion device. Joe Jasso was sentenced to 33 months in federal prison, and Rachael Jasso was sentenced to 30 months. Upon their release from prison, they will both be subject to two years of supervised release.

    U.S. Attorney Ryan Ellison and Brendan Iber, Special Agent in Charge of the Phoenix Field Division of the Bureau of Alcohol, Tobacco, Firearms and Explosives, made the announcement today.

    The Bureau of Alcohol, Tobacco, Firearms and Explosives investigated this case with assistance from the Albuquerque Police Department. Assistant U.S. Attorney Samuel A. Hurtado is prosecuting the case.

    Machine gun conversion devices and auto sears are illegal devices that transform semi-automatic firearms into fully automatic weapons capable of continuous firing with a single trigger pull. The possession, manufacture, and sale of these devices without proper licensing is a federal offense carrying severe penalties, including up to 10 years in prison and fines up to $250,000.

    The proliferation of these devices poses an immediate and critical threat to public safety. Between 2018 and 2023, the ATF recovered thousands of machine gun conversion devices, indicating an alarming trend in their availability and use. Violent street gangs are increasingly employing these devices, devastating communities and neighborhoods with unprecedented firepower.

    This dramatic increase in illegal automatic weapons puts both civilians and law enforcement at extreme risk. Officers responding to incidents may find themselves severely outgunned, facing weapons capable of firing hundreds of rounds per minute. The potential for mass casualties in such encounters is staggering.

    Law enforcement agencies are racing against time to intercept these devices before they can be used in violent crimes. Public cooperation is crucial in combating this threat. If you have information about illegal firearms or conversion devices, please contact the ATF immediately:

    Call: 1-888-ATF-Tips (1-888-283-8477)

    Email: ATFTips@atf.gov

    Visit: www.atf.gov/atf-tips

    Your tip could save lives and prevent these dangerous weapons from falling into the wrong hands. The time to act is now, before our community fall victim to the devastating impact of these illegal automatic weapons. 

    MIL Security OSI

  • MIL-OSI Economics: RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 11, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, July 11, 2025, as under:

    Sl. No. Notified Amount
    (₹ crore)
    Tenor (day) Window Timing Date of Reversal
    1 2,50,000 7 10:00 AM to 10:30 AM July 18, 2025
    (Friday)

    2. Further, on a review of evolving liquidity conditions, it has been decided not to conduct the 14-day main operation on Friday, July 11, 2025, for the ensuing fortnight.

    3. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/691

    MIL OSI Economics

  • MIL-OSI Economics: RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 11, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, July 11, 2025, as under:

    Sl. No. Notified Amount
    (₹ crore)
    Tenor (day) Window Timing Date of Reversal
    1 2,50,000 7 10:00 AM to 10:30 AM July 18, 2025
    (Friday)

    2. Further, on a review of evolving liquidity conditions, it has been decided not to conduct the 14-day main operation on Friday, July 11, 2025, for the ensuing fortnight.

    3. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad          
    Deputy General Manager
    (Communications)     

    Press Release: 2025-2026/691

    MIL OSI Economics

  • MIL-OSI Economics: Identity fraud: BaFin warns consumers about the website allianz-invest.com

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The unknown operators are using the email address info (at) allianz-invest.com to contact consumers, claiming that their offer is from Allianz SE. However, these claims are not correct. This is a case of identity fraud. Allianz SE is not associated with the website allianz-invest.com or the services offered on the website.

    BaFin is issuing this warning on the basis of section 37 (4) of the German Banking Act (KreditwesengesetzKWG).

    Please be aware:

    BaFin warns consumers about fraudulent term deposit offers.

    You can view BaFin’s current warnings about companies operating without the required authorisation and find out how to protect yourself from fraudsters on the financial market in the “Recognising financial fraud” section of our website.

    MIL OSI Economics

  • MIL-OSI Africa: Countries urged to urgently step up to transform their HIV responses amid global funding crisis

    Source: Government of South Africa

    The Joint United Nations Programme on HIV/Aids (UNAIDS) has today released a report that highlights a significant funding crisis threatening years of progress in the fight against HIV/Aids. 

    The 2025 Global Aids Update report titled, ’Aids, Crisis and the Power to Transform’, emphasises the urgent need for countries to implement radical changes in their HIV programming and funding strategies.

    The report highlights the impact that the sudden, large-scale funding cuts from international donors are having on countries most affected by HIV. Yet, it also showcases some inspiring examples of resilience, with countries and communities stepping up in the face of adversity to protect the gains made and drive the HIV response forward.

    Some 25 of the 60 low and middle-income countries included in the report have indicated increases in domestic budgets for their HIV responses in 2026. 

    The estimated collective rise among the 25 countries amounts to 8% over current levels, translating to approximately US$180 million in additional domestic resources. 

    “This is promising, but not sufficient to replace the scale of international funding in countries that are heavily reliant,” the report says.

    Global emergency

    Although there was significant progress in the HIV response in 2024, UNAIDS reported that a weakening consensus on aid and substantial, sudden funding shortfalls in 2025 caused widespread disruptions in health systems. 

    These challenges led to cuts in frontline health workers, halted HIV prevention programmes, and jeopardised HIV treatment services.

    According to data, in Mozambique alone, over 30 000 health personnel were affected. In Nigeria, pre-exposure prophylaxis (PrEP) initiation has plummeted from 40 000 to 6 000 people per month.

    If United States-supported HIV treatment and prevention services collapse entirely, UNAIDS estimates that an additional six million new HIV infections and four million additional Aids-related deaths could occur between 2025 and 2029.

    “This is not just a funding gap – it’s a ticking time bomb. 

    “We have seen services vanish overnight. Health workers have been sent home, and people, especially children and key populations, are being pushed out of care,” said UNAIDS Executive Director Winnie Byanyima.

    Even before the large-scale service disruptions, the reported data for 2024 shows that 9.2 million people living with HIV were still not accessing life-saving treatment services last year. 

    Among those were 620 000 children aged zero to 14 years living with HIV but not on treatment, which contributed to 75 000 AIDS-related deaths among children in 2024.

    In 2024, 630 000 people died from Aids-related causes, 61% of them in sub-Saharan Africa. Over 210 000 adolescent girls and young women, aged 15 to 24, acquired HIV in 2024 – an average of 570 new infections every day.

    UNAIDS said HIV prevention services are severely disrupted, while community-led services, which are vital to reaching marginalised populations, are being defunded at alarming rates. 

    In early 2025, the organisation said over 60% of women-led HIV organisations surveyed had lost funding or were forced to suspend services. 

    The United States President’s Emergency Plan for AIDS Relief (PEPFAR) reached 2.3 million adolescent girls and young women with comprehensive HIV prevention services in 2024 and enabled 2.5 million people to use HIV PrEP – many of these programmes have now stopped completely.

    “Meanwhile, the rise in punitive laws criminalising same-sex relationships, gender identity, and drug use is amplifying the crisis, making HIV services inaccessible,” UNAIDS said.

    Beacon of hope

    UNAIDS said South Africa currently funds 77% of its AIDS response, and its 2025 budget review includes a 5.9% annual increase in health expenditure over the next three years, including a 3.3% annual increase for HIV and tuberculosis programmes.

    The South African government intends to finance the development of a patient information system, a centralised chronic medicine dispensing and distribution system, and a facility medicine stock surveillance system.

    Meanwhile, as of December 2024, seven countries – Botswana, Eswatini, Lesotho, Namibia, Rwanda, Zambia, and Zimbabwe – had achieved the 95-95-95 targets: 95% of people living with HIV know their status, 95% of those are on treatment, and 95% of those on treatment are virally suppressed. 

    The report also highlights the emergence of unprecedented, highly effective new prevention tools like long-acting injectable PrEP, including lenacapavir, which has shown near-complete efficacy in clinical trials, though affordability and access remain key challenges.

    Byanyima believes there is still time to transform this crisis into an opportunity. 

    “Countries are stepping up with domestic funding. Communities are showing what works. We now need global solidarity to match their courage and resilience.”

    A call for solidarity

    The 2025 Global AIDS Update ends with a call for the international community to unite in addressing the financing gap. 

    It urges support for countries to close the remaining gaps in HIV prevention and treatment services, eliminate legal and social barriers, and empower communities to take the lead moving forward.

    UNAIDS emphasised that every dollar invested in the HIV response not only saves lives but also strengthens health systems and promotes broader development goals. 

    Since the start of the epidemic, 26.9 million deaths have been averted through treatment, and 4.4 million children have been protected from HIV infection through vertical transmission prevention.

    “In a time of crisis, the world must choose transformation over retreat. Together, we can still end Aids as a public health threat by 2030 – if we act with urgency, unity, and unwavering commitment,” Byanyima said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: President Ramaphosa to address the nation on security matters 

    Source: Government of South Africa

    Thursday, July 10, 2025

    President Cyril Ramaphosa is set to brief the nation on national security matters on Sunday, the Presidency has announced.

    “President Cyril Ramaphosa will on Sunday, 13 July 2025, address the nation on developments arising from a public statement by KwaZulu-Natal Police Commissioner Lt-Gen Nhlanhla Mkhwanazi that details allegations against senior political and South African Police Service leadership,” the Presidency said on Thursday.

    President Ramaphosa was attending a BRICS summit in Brazil on Sunday, 6 July 2025, when General Mkhwanazi outlined numerous allegations at a media briefing.

    “The President undertook to attend to this development on his return from Brazil, in view of the implications for national security.

    “President Ramaphosa has been seized with this matter in recent days and will, following various consultations, take the nation into his confidence at 19h00 on Sunday, 13 July 2025,” it said. 

    The President’s message will be broadcast and streamed on various platforms. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI USA: Lummis, WY Delegation Introduce Legislation to Modernize Wyoming School Trust Fund Investments

    US Senate News:

    Source: United States Senator for Wyoming Cynthia Lummis
    Washington, D.C. –  Senator Cynthia Lummis (R-WY), alongside Senator John Barrasso (R-WY) and Representative Harriet Hageman (R-WY), today introduced the Wyoming Education Trust Modernization Act, legislation to amend Wyoming’s State Act of Admission to provide the state’s permanent school land fund with enhanced investment flexibility, potentially increasing annual returns for K-12 education.
    “Wyoming’s school trust fund represents one of our state’s most valuable assets for supporting public education and the next generation of Cowboy students,” said Senator Lummis. “My legislation would allow Wyoming to modernize our investment policies while maintaining the strong protections that have served this fund for more than a century. I believe we can do better for our kids by investing that money more strategically and increasing Wyoming’s returns. That result would mean millions of dollars more every year for Wyoming classrooms, without raising taxes or touching Wyoming’s principal.”
    “Wyoming has done an incredible job investing in the future of our students,” said Senator Barrasso. “The Wyoming Education Trust Modernization Act will help build on this success by giving our state more flexibility when it comes to investing our permanent school land fund. Diversifying investments of this vital fund will increase resources for students and teachers across Wyoming.”
    “Wyoming’s students deserve every opportunity we can provide, and that starts with strengthening the long-term stability of our education funding,” said Representative Hageman. “The Wyoming Education Trust Modernization Act is a commonsense, forward-looking solution that honors our constitutional protections while unlocking the full potential of our permanent school land fund. By allowing for modern investment strategies, we can responsibly increase returns and better support K-12 education. This is about keeping our promises to future generations and ensuring that Wyoming’s children benefit from the resources entrusted to the state over a century ago.”
    “This long-overdue proposal is a natural extension of some of the reforms I undertook while serving as State Treasurer,” said Governor Gordon. “I support this effort to generate additional returns for Wyoming schools while preserving the permanent trust fund structure.”
    “This is a game-changer for Wyoming’s public schools,” said Superintendent Degenfelder. “By modernizing our investment policies, we are unlocking the full potential of our school trust lands. It is a common-sense solution that is anticipated to provide a sustainable increase in funding for our classrooms, without raising taxes.” 
    “Since Wyoming became a state, financial markets and investment strategies have evolved dramatically,” said Representative Bear, Wyoming House District 31. “Today, responsible and prudent management of public funds requires far more flexibility than was imaginable in 1890. Congress has both the authority and the duty to ensure that Wyoming’s state government can effectively safeguard taxpayer assets and uphold citizens’ freedoms—now and for generations to come.”
    Background:
    Wyoming’s State Act of Admission, established by Congress upon statehood in 1890, governs how the state manages federally granted school lands. Proceeds from school trust land sales, exchanges, or disposals must be deposited into a permanent land fund under strict federal regulation. Current law prohibits investing principal funds, and only accrued interest can be used for K-12 education funding.
    Wyoming’s permanent school trust fund currently holds $5.4 billion. The fund generates approximately 5% annual interest under current investment restrictions. Enhanced investment flexibility could significantly boost annual education funding without touching the principal. Proposed legislation would modernize investment policies to potentially increase returns from 5% to 8.3%.
    The bill preserves all constitutional protections for education funding while maintaining principal protection. Only investment returns can be spent, which keeps all existing controls on land disposal and exchanges unchanged, fully maintaining the longtime permanent trust fund structure. 
    Read the full bill here.  

    MIL OSI USA News

  • MIL-OSI Europe: AMERICA/USA – California: Illegal immigrants also “taken” from parishes

    Source: Agenzia Fides – MIL OSI

    Thursday, 10 July 2025

    White House official page on Facebook

    San Bernardino (Agenzia Fides) – They are being taken from the streets or public places, and even from parish churches. In California, the policy of the US Immigration and Customs Enforcement (ICE), which carries out hundreds of arrests and deportations, has prompted the Bishop of the Diocese of San Bernardino, located just a few kilometers from Los Angeles, to take action.In recent days, in an open letter, Bishop Alberto Rojas expressed his dismay at some government arrests considered arbitrary, which are also said to have taken place in some parishes in the diocese. “While we respect and value the right of law enforcement to protect our communities from violent offenders,” the letter reads, “we are now seeing officers arrest people as they leave their homes, workplaces, and other randomly selected public places. We have experienced at least one instance in which U.S. Immigration and Customs Enforcement agents entered the property of a parish and arrested several individuals. It should not be surprising that this is causing a tremendous amount of fear, confusion, and anxiety for many people.”The recent arrests have so intimidated people that many are avoiding going to public places, including parishes. In light of this situation, Bishop Rojas has now issued a decree exempting Catholic migrants from Sunday observances of religious observance who could be subject to ICE’s detention and deportation measures.”Considering that fear of immigration control measures, such as raids by U.S. immigration authorities, may deter some people in our diocese from fulfilling their obligation to attend Sunday and feast Masses (cf. Canon 1247),” it states, “and recognizing that such fear constitutes a serious obstacle that can harm the spiritual well-being of the faithful, I decree the following: All the faithful of the Diocese of San Bernardino who are unable to attend Sunday Mass due to genuine fear of immigration enforcement measures are hereby released from this obligation, in accordance with the provisions of Canon 1247, until this decree is revoked or modified.”At the same time, in his dispensation, the bishop asks “those who are exempt from attending Holy Mass to maintain their spiritual communion with Christ and the Church by saying their personal prayer, reading Sacred Scripture, or participating in devotions such as the Rosary. If possible, the faithful may also attend live-streamed Masses.Parish priests, assistant parish priests, and other pastoral ministers, the provision further states, “must offer compassionate support to those affected by this anxiety and ensure that they feel welcomed and safe in our parishes. I urge parishes to develop alternatives for catechesis and sacramental preparation for those who cannot attend church regularly.” (F.B.) (Agenzia Fides, 10/7/2025)
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    MIL OSI Europe News

  • MIL-OSI USA: Griffith Visits LewisGale Hospital Montgomery in Blacksburg

    Source: United States House of Representatives – Congressman Morgan Griffith (R-VA)

    U.S. Representative Morgan Griffith (R-VA), Chairman of the House Committee on Energy and Commerce Subcommittee on Health, visited LewisGale Hospital Montgomery in Blacksburg, Virginia. The visit featured a roundtable discussion on rural health care issues with hospital leadership and staff.

    “As the new chairman of the Health Subcommittee, it is my responsibility to explore policies that positively impact the health outcomes of Americans, including those in rural communities,” said Representative Morgan Griffith.  “It is critical to assess and determine solutions that help our rural hospitals serve patients. I appreciate the dedication of LewisGale Hospital Montgomery and all of our hospitals and their interest in discussion about hospital operations and challenges.”

    “We were honored to host Congressman Griffith at LewisGale Hospital Montgomery today to discuss the challenges currently facing hospitals, especially those in rural areas,” said LewisGale Hospital Montgomery CFO Rachael Stanton.

    Pictured: Representative Griffith in discussion with LewisGale Hospital Montgomery leadership and staff.

    BACKGROUND

    This July, Representative Griffith was named Chairman of the House Committee on Energy and Commerce Subcommittee on Health. 

    In a recent Rules Committee hearing, Congressman Griffith committed to working with Energy and Commerce Committee Chairman Brett Guthrie to analyze the status of our rural hospitals and explore improvements to health care access for rural communities.

    LewisGale Hospital Montgomery operates under HCA Healthcare.

    Other hospital health systems that serve communities in Virginia’s Ninth District include Centra Health, Carilion Clinic, Lifepoint Health, Ballad Health and Sovah Health.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Griffith, Harshbarger Visit Lee County Community Hospital

    Source: United States House of Representatives – Congressman Morgan Griffith (R-VA)

    Following their respective appointments as Chair and Vice Chair of the Health Subcommittee of the U.S. House Committee on Energy and Commerce, U.S. Representative and Health Subcommittee Chairman Morgan Griffith (R-VA) and U.S. Representative and Health Subcommittee Vice Chair Diana Harshbarger (R-TN) made their first joint public action visiting Lee County Community Hospital. They had a roundtable discussion focused on rural health care issues with hospital leadership and staff.

    “In our new roles on the Health Subcommittee, we look forward to advancing policies that positively impact the health outcomes of Americans, including those in rural communities,” said Representatives Griffith and Harshbarger. “It is critical to assess and determine solutions that help our rural hospitals serve patients. We thank Ballad Health for the opportunity to tour Lee County Community Hospital.”

    Pictured: Reps. Griffith and Harshbarger participate in roundtable discussion with Lee County Community Hospital leadership and staff.

    BACKGROUND

    This July, Representative Griffith was named Chairman of the House Committee on Energy and Commerce Subcommittee on Health. Representative Harshbarger was also named Vice Chair of the Health Subcommittee.

    Lee County Community Hospital, located in Pennington Gap, Virginia, operates as part of the Ballad Health system.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Griffith Visits Clinch Valley Medical Center in Richlands

    Source: United States House of Representatives – Congressman Morgan Griffith (R-VA)

    U.S. Representative Morgan Griffith (R-VA), Chairman of the House Committee on Energy and Commerce Subcommittee on Health, visited Clinch Valley Medical Center in Richlands, Virginia. The visit featured a roundtable discussion on rural health care issues with hospital leadership and staff.

    “Clinch Valley Medical Center is an important health care provider for the area,” said Representative Griffith. “I visited Clinch Valley Medical Center to gain more knowledge of their needs and challenges. As the new chairman of the Health Subcommittee, I am committed to working with Congressional and industry partners to advance policies that positively impact the health outcomes of Americans, particularly those in rural communities.”

    “Clinch Valley Health was honored to have Congressman Morgan Griffith visit with us today,” said Clinch Valley Health President and CEO Peter Mulkey.  “We had the opportunity to discuss the challenges of rural healthcare now and in the future and how we can work together with him in his new role as Chairperson of the Health subcommittee on Energy and Commerce.  I believe we both have the interest of the communities we serve in ensuring we are able to continue to provide top quality care to those that call our region home.”

    Pictured: Representative Griffith with Clinch Valley Medical Center leadership and personnel.

    BACKGROUND

    This July, Representative Griffith was named Chairman of the House Committee on Energy and Commerce Subcommittee on Health. 

    In a recent Rules Committee hearing, Congressman Griffith committed to working with Energy and Commerce Committee Chairman Brett Guthrie to analyze the status of our rural hospitals and explore improvements to health care access for rural communities.

    Clinch Valley Medical Center operates under Lifepoint Health.

    Other hospital health systems that serve communities in Virginia’s Ninth District include Centra Health, Carilion Clinic, HCA Healthcare, Ballad Health and Sovah Health.

    ###

    MIL OSI USA News

  • MIL-OSI China: Trade, tariff wars have no winners: FM spokesperson

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

    China has all along opposed moves to overstretch the concept of national security, and has always upheld that trade and tariff wars have no winners, a Foreign Ministry spokesperson said in Beijing on Thursday.

    Spokesperson Mao Ning made the remarks when commenting on the U.S. announcement on Wednesday that a 50 percent tariff would be imposed on imported copper, citing national security concerns.

    China’s position is very clear, Mao said, adding that the abuse of tariffs is in no one’s interest.

    MIL OSI China News

  • MIL-OSI USA: Gov. Hochul’s Letter to Secretary of Homeland Security

    Source: US State of New York

    overnor Kathy Hochul issued a letter to U.S. Department of Homeland Security Secretary Kristi Noem urging the Department to make funding available to state and local governments through the Federal Emergency Management Agency’s (FEMA) Homeland Security Grant Program (HSGP) as has been done every year since 2002.

    HSGP provides states, local jurisdictions and their law enforcement, public safety, homeland security and emergency management officials with critical resources to further their preparedness and response capabilities. Without these resources, first responders and frontline emergency management operation teams will be unable to access state-of-the-art training, the latest advancements in equipment and the ability to seamlessly share and analyze intelligence with each other.

    As the threat of terrorism increases amid the ongoing conflicts in the Middle East, it is essential that the federal government ensures the availability of funding for all essential components of counterterrorism efforts.

    The full text of the letter is below:

    Dear Secretary Noem:

    As Governor, my chief responsibility is ensuring the safety and security of New York State and all its residents. Not only does New York face the nation’s most diverse threat landscape, but with numerous economic, governmental, and recreational assets, it remains the nation’s top target for terrorism. In recent months, that threat has only grown given the ongoing conflicts in the Middle East, making it essential that the federal government, specifically, the U.S. Department of Homeland Security (DHS), ensure the availability of critical homeland security funding to states and local governments.

    I am deeply troubled that DHS has yet to make funding available to states and local governments through the Federal Emergency Management Agency’s (FEMA) Homeland Security Grant Program (HSGP) as it has every year since 2002.

    On June 22, 2025, DHS issued a bulletin through the National Terrorism Advisory System notifying Americans of the heightened threat environment our nation faces due to our recent involvement in the ongoing conflict between the nations of Israel and Iran. As noted in the bulletin:

    “….Low-level cyber attacks against US networks by pro-Iranian hacktivists are likely, and cyber actors affiliated with the Iranian government may conduct attacks against US networks. Iran also has a long-standing commitment to target US Government officials it views as responsible for the death of an Iranian military commander killed in January 2020. The likelihood of violent extremists in the Homeland independently mobilizing to violence in response to the conflict would likely increase if Iranian leadership issued a religious ruling calling for retaliatory violence against targets in the Homeland. Multiple recent Homeland terrorist attacks have been motivated by anti-Semitic or anti-Israel sentiment, and the ongoing Israel-Iran conflict could contribute to US-based individuals plotting additional attacks.”

    As home to the country’s largest economic center, and the largest Jewish community outside of Israel, these threats put New York communities at a greater risk than perhaps anywhere else in the nation. Thankfully, since your agency’s inception, New York and DHS have maintained a strong partnership to counter these threats. This partnership has been essential to ensure that the State and local governments and their public safety agencies have the funding and resources needed to prepare for, mitigate, prevent and withstand terrorist threats and targeted violence.

    One core component of this partnership has been DHS’ Homeland Security Grant Program (HSGP). In 2024, New York received $219.9 million in HSGP funding, $156.1 million of which was allocated through the Urban Area Security Initiative (UASI) for jurisdictions in the New York City Metro Area, principally the New York Police Department. In 2023, New York received $244.7 million with $173.9 million allocated through UASI.

    HSGP provides states, local jurisdictions and their law enforcement, public safety, homeland security and emergency management officials with critical resources to further their preparedness and response capabilities. Without these resources, the heroic men and women who continuously put their lives on the line to protect their fellow Americans are unable to access state of the art training, the latest advancements in equipment and the ability to seamlessly share and analyze intelligence with each other – all essential components of counterterrorism efforts.

    Furthermore, HSGP funding is vital to securing and maintaining critical infrastructure assets (transportation hubs, power grids, water systems, communication networks) which are top targets of nefarious actors, as well as to assist local law enforcement with border security via Operation Stonegarden. Through Operation Stonegarden, jurisdictions along international borders receive direct funding to not only enhance cooperation and coordination between federal, state, local and tribal law enforcement agencies, but to support joint operations. As a state with a 445-mile international border, security of this boundary is of the utmost importance to me. To that end, I have secured $8 million in state funds, as well as dedicated State Police and other public safety resources to support this federal mission.

    Any further delays in the availability of HSGP will degrade the capabilities of our nation to prevent terrorism and make us less safe at a time when the variety and severity of security threats continue to grow.

    I urge you to release the FY2025 HSGP Notice of Funding Opportunity immediately and help ensure our nation remains ready and able to defend ourselves against anyone seeking to threaten our way of life.

    Sincerely,
    Governor Kathy Hochul

    MIL OSI USA News

  • MIL-OSI: Quantum Computing Market Witnessing Surge in Government and Private Sector Funding

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 10, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The quantum computing ecosystem is expanding, with an increasing number of startups entering the market. These startups are focusing on various aspects of quantum technology, from hardware and software to applications. Quantum computing is also disrupting and helping manage large drone fleets by optimizing resource allocation, scheduling, and communication, potentially enabling more coordinated and efficient operations. Furthermore, the quantum computing market is witnessing a surge in government and private sector investments. Governments are allocating substantial funds to quantum research and development to maintain a competitive edge in emerging technologies. A report from Grand View Research said that the global quantum computing market size was estimated at USD 1.42 billion in 2024 and is projected to reach USD 4.24 billion by 2030, growing at a CAGR of 20.5% from 2025 to 2030. The report said: “Quantum computing is still considered an emerging technology with significant potential. Unlike classical computers that use bits, quantum computers use quantum bits or qubits, which can represent both 0 and 1 simultaneously due to the principles of quantum mechanics. This makes quantum computers well-suited for specific types of complex calculations. Quantum computing has the potential to revolutionize various industries due to its unique and powerful computational capabilities, which arise from the principles of quantum mechanics. One of the most significant potential applications of quantum computing is in the field of cryptography. Quantum computers can efficiently solve certain mathematical problems that are currently the basis of modern encryption techniques.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Quantum Corporation (NASDAQ: QMCO), Rigetti Computing, Inc. (NASDAQ: RGTI), D-Wave Quantum (NYSE: QBTS), Super Micro Computer, Inc. (NASDAQ: SMCI).

    Grand View Research added: “Furthermore, the pharmaceutical industry can benefit significantly from quantum computing. Drug discovery involves simulating complex molecular interactions, which is a computationally intensive process. Quantum computers can accelerate the simulation of molecular structures and interactions, leading to faster drug discovery and the development of more effective medicines. This can potentially save both time and resources in the drug development process. Quantum cloud services refer to cloud-based platforms that provide access to quantum computing resources and tools over the internet. Some companies are beginning to offer quantum cloud services, allowing researchers and developers to access quantum computing resources through the cloud. This has democratized access to quantum computing power. Quantum computers are highly specialized and expensive machines that require specialized expertise to operate. By offering quantum computing capabilities through the cloud, more researchers, businesses, and developers can access these resources without the need for significant investments in hardware, infrastructure, or in-house expertise.”

    ZenaTech (NASDAQ:ZENA) Creates First Quantum Computing Prototype Enabling Disruptive AI Drone Speed and Precision for Future Commercial and US Defense Applications – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces the successful development of its first quantum computing prototype consisting of a framework for the rapid analysis and processing of large datasets for its AI drone solutions. Using weather forecasting algorithms as part of its Clear Sky project as a test case, the company has created a precedent framework for real time analysis of massive amounts of data that can be captured through AI drone sensors while in the air.

    The Company envisions commercial applications ranging from highly efficient precision agriculture to predictive energy infrastructure inspections. Defense applications include enhancing real-time battlefield decision-making with faster and more precise threat detection, reconnaissance, and advance electronic warfare capabilities.

    “We’re not just building smarter drones, we’re building a quantum-intelligent edge where data becomes decisions in an instant, whether it’s a battlefield or a farm field,” said Shaun Passley, Ph.D., ZenaTech CEO. “We believe this quantum framework we are creating is just the beginning as we’ve now demonstrated it can use it for large datasets. We plan to keep expanding R&D capabilities, with the goal of growing our team of 6 to 25 over the coming months. The end goal is clear: accelerate time to market, reduce operational costs, and lead the industry as a true innovator,” added Dr. Passley.

    ZenaTech’s Clear Sky project is one of the company’s quantum computing R&D initiatives focused on weather forecasting that will use AI drones and drone fleets plus quantum to better predict localized weather for more accurate prediction of extreme weather events saving lives and reducing costs and destruction. The weather application and algorithms used for the prototype track and analyze multiple key atmospheric parameters such as temperature, humidity, wind, barometric pressure, and precipitation. Internal testing using historical open-source data has shown a high degree of accuracy with trusted weather platforms and actual data, validating both its accuracy and reliability.

    Quantum computing combined with AI-powered drone applications enables disruptive speed, precision, and autonomy by dramatically accelerating data analysis, optimizing complex decisions, and enhancing real-time responsiveness. In commercial sectors, this means drones can autonomously inspect vast energy grids or farmland, instantly analyze multispectral data, and adjust actions on the fly—leading to lower costs and higher productivity in agriculture, logistics, and infrastructure. In defense, the same capabilities empower autonomous surveillance drones to process sensor data and identify threats in real time, coordinate swarm or drone fleet movements, and dynamically adapt to changing battlefield conditions—all with minimal human input. This fusion of technologies allows drones to make faster, smarter decisions in unpredictable, data-intensive environments—reshaping what’s possible across industries.

    For weather forecasting, quantum computing can rapidly process and simulate complex atmospheric models by analyzing massive datasets from AI-enabled drones equipped with weather sensors, LiDAR, and imaging systems. This allows for highly accurate, real-time weather forecasting and microclimate prediction, improving response times for disaster management, aviation safety, and environmental monitoring.

    Quantum computing is a next-generation computing technology that uses the principles of quantum physics to process information exponentially faster than traditional computers, enabling it to solve highly complex problems that are otherwise unsolvable by even the most powerful classical computers of today.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Quantum Corporation (NASDAQ: QMCO), recently announced support for LTO® Ultrium® format generation 10 full-height tape drives in its Scalar tape libraries, including industry-leading Scalar® i7 RAPTOR, Scalar i6, and Scalar i6000 systems. This latest advancement strengthens Quantum’s leadership in delivering high-density, secure, and cost-effective archival storage solutions. By combining the massive native capacity of 30 TB per LTO-10 cartridge (up to 75 TB compressed at 2.5:1) with Quantum’s advanced tape automation and intelligent management software, customers gain the highest storage density, lowest total cost of ownership, and strongest cyber protection—ideal for long-term archiving in an era where preserving every bit of data is essential to staying competitive.

    Quantum, along with IBM® and HPE®, is a long-standing member of the LTO Consortium, the group of companies that directs development and manages licensing and certification of LTO. LTO-10 serves as a core enabling technology across Quantum’s end-to-end solutions, powering integrated cold storage tiers ActiveScale® object storage, extending automated archival tiers in StorNext® file system, and enhancing long-term backup retention DXi® data protection appliances. These deep integrations unlock the highest levels of seamless, scalable storage, from high-performance workflows to ultra-durable, AI-ready archives.

    QphoX B.V., a Dutch quantum technology startup developing leading frequency conversion systems for quantum applications, Rigetti Computing, Inc. (NASDAQ: RGTI), a pioneer in full-stack quantum-classical computing, and the National Quantum Computing Centre (NQCC), the UK’s national lab for quantum computing, recently announced that they have been awarded a multinational grant to perform readout of superconducting qubits using light transmitted over optical fiber.

    In a recent demonstration, QphoX and Rigetti validated the potential of this technique by optically reading out the state of a single superconducting qubit. Optical readout is made possible by microwave-to-optical transduction at the base temperature of the cryostat. This transduction process converts the information contained in the microwave readout pulse into an optical signal carried over optical fiber. This approach could eventually replace conventional microwave amplifiers and coaxial wiring as part of the qubit signal processing chain and thereby offer considerable scaling advantages due to the comparatively low dissipation of the transducer and the negligible passive heat loads from telecommunications optical fiber.

    D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, has recently completed sales of $400 million in gross proceeds of its common stock under its previously disclosed “at-the-market” (“ATM”) equity offering program. The program, which ran from June 11 to June 27, closed at an average share price of $15.18. This represents a 149% premium over the $6.10 average share price for the sales under the company’s prior $150 million ATM program completed in January.

    The Company intends to use the proceeds from this financing primarily for strategic acquisitions and general corporate purposes including additional working capital and capital expenditures.

    “With what we believe to be the strongest balance sheet of any public, independent quantum computing company, we intend to invest in acquisitions and programs that will enable us to expand our already significant lead as the only commercial quantum computing company with applications in production,” said Dr. Alan Baratz, CEO of D-Wave.

    Super Micro Computer, Inc. (NASDAQ: SMCI) recently announced an industry immersion cooling certification for Supermicro’s BigTwin Server with 4th and 5th Gen Intel Xeon Scalable Processors from Intel. With rigorous testing, the Supermicro server, in combination with a defined liquid and immersion tank, is quality/performance tested and is now recognized as a certified immersion server. In addition, the Supermicro BigTwin system has passed thorough testing as specified by the Open Compute Project (OCP) specification for material compatibility for immersion cooling.

    “Supermicro’s collaboration with Intel is a long-standing, strategic association that combines Intel’s cutting-edge processor technologies with Supermicro’s high-performance building block solutions, including AI, HPC, intelligent edge/IoT, networking, and storage,” said Ray Pang, Senior Vice President of Technology Enablement, Supermicro. “Certifying our BigTwin server for immersion cooling within the Intel and OCP guidelines and practices ensures customers that their Supermicro server will be fully functional when immersed in the specified liquid.”

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    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: Halo Investing Expands Suite of Investment Capabilities with Launch of Advanced Wealth Solutions

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 10, 2025 (GLOBE NEWSWIRE) — Advisors are facing mounting pressure to deliver investment strategies that are not only differentiated but deeply personalized. Today, Halo Investing (Halo) announces the launch of Advanced Wealth Solutions — a suite of sophisticated investment capabilities designed to elevate how advisors serve their clients. With Advanced Wealth Solutions, advisors have access to investment products and strategies typically offered by institutional and private bank environments.

    Halo’s Advanced Wealth Solutions offering provides advisors and their clients with access to hedging and monetization, securities-based lending, secondary and pre-IPO markets, and soon, tailored option portfolios and overlays — capabilities that have traditionally been reserved for institutional channels.

    This new offering from Halo’s award-winning platform for protective investing helps advisors differentiate themselves with streamlined, personalized investment strategies, empowering advisors to deliver holistic portfolios aligned with each client’s unique goals.

    With Advanced Wealth Solutions, advisors can leverage strategies to manage concentrated equity risk, access liquidity, optimize tax outcomes, and tap into private market investment opportunities, including private company secondaries and pre-IPO investments. Advisors can also offer flexible credit lines backed by clients’ investment portfolios, providing liquidity without disrupting market exposure.

    “There has long been a disconnect where independent advisors lack access to institutional-caliber investment capabilities, which has prevented them from providing clients with dynamic and diversified portfolios,” said Matt Radgowski, CEO of Halo. “With Advanced Wealth Solutions, we’re leveling the playing field by putting institutional-caliber solutions within reach of advisors who want to deliver more for their clientele.”

    With access to sophisticated strategies and exclusive investment opportunities through Advanced Wealth Solutions, advisors can deliver tailored, results-focused solutions that deepen relationships and drive long-term business growth.

    “Today marks an important day in our founding vision — providing democratized access to solutions that were once only available to few,” said Jason Barsema, president and co-founder of Halo. “Halo’s Advanced Wealth Solutions are tools that were critical to my private banking clients at Credit Suisse, and I am proud to be able to offer these impactful solutions to Halo’s partners around the country.”

    Advisors looking to strengthen their value proposition through Halo’s suite of offerings can contact Halo directly to schedule a consultation with a specialist to learn more.

    For more information, please visit: https://haloinvesting.com/.

    About Halo Investing

    Founded in 2015, Halo Investing is an award-winning technology platform that disrupts how protective investment solutions are used worldwide. Headquartered in Chicago, with an office in Abu Dhabi, Halo is democratizing access to investment solutions, including Structured Notes and annuities, that were previously unavailable to most investors. Halo has received a growing number of honors and was recently named one of Fast Company’s 10 Most Innovative Companies. For more information, please visit: http://www.haloinvesting.com.

    Halo Investing is not a broker/dealer. Securities are offered through Halo Securities, LLC, an SEC-registered broker/dealer and member of FINRA/SIPC. Halo Securities LLC acts solely as a distributor/selling agent and is not the issuer or guarantor of any structured note products.

    Media Contact:
    Gregory FCA for Halo Investing
    Sarah Horton
    610.246.2346
    HaloPR@gregoryfca.com

    The MIL Network

  • MIL-OSI: BULGOLD Announces Closing of Non-Brokered Private Placement for Gross Proceeds of Approximately $1 Million

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to United States newswire services or for dissemination in the United States

    TORONTO, July 10, 2025 (GLOBE NEWSWIRE) — BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) is pleased to announce the closing of its previously announced non-brokered private placement (the “Offering”) for gross proceeds of approximately $1,076,720 from the sale of 21,534,407 common shares in the capital of the Company (each, a “Share”) at a price of $0.05 per Share (the “Issue Price”).

    In consideration for the services rendered by certain arm’s length parties (the “Finders”) in connection with the Offering, the Finders received an aggregate cash fee of $7,700 and an aggregate of 154,000 finder’s warrants (the “Finder’s Warrant”). Each Finder’s Warrant entitles the holder to acquire one additional common share in the capital of the Company at an exercise price of $0.07 until January 9, 2027.

    Management of the Company subscribed for $138,567 of the Offering. The issuances of Common Shares to such insiders are considered related party transactions under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company relied on exemptions from the formal valuation and minority approval requirements in sections 5.5(b) and 5.7(1)(b) of MI 61-101, respectively, in respect of such insider participation. The Offering remains subject to the final approval of the TSX Venture Exchange. The Shares are subject to a hold period ending on November 10, 2025.

    The Company will use the proceeds from the Offering for exploration, as well as for general corporate purposes.

    The securities described herein have not been, and will not be, registered under the United States Securities Act, or any state securities laws, and accordingly may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

    About BULGOLD Inc.

    BULGOLD is a gold exploration company focused on the exploration and development of mineral exploration projects in Central and Eastern Europe. The Company controls 100% of three quality quartz-adularia epithermal gold projects located in the Bulgarian and Slovak portions of the Western Tethyan Belt: the Lutila Gold Project, the Kostilkovo Gold Project and the Kutel Gold Project. Management of the Company believes that its assets show potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralisation.

    On July 10, 2025, BULGOLD’s issued and outstanding shares were 49,132,335 of which approximately 28.3% were held by Founders, Directors and Management. Additional information about the Company is available on BULGOLD’s website (www.BULGOLD.com) and on SEDAR+ (www.sedarplus.ca).

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Cautionary Statement Regarding Forward-Looking Information

    This press release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance and include statements relating to the Offering, including but not limited to, the use of proceeds, the timing and ability of the Company to receive necessary regulatory and other approvals, including the final acceptance of the Offering by the TSX Venture Exchange. All statements other than statements of historical fact may be forward-looking statements or information. The forward‐looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and information since no assurance can be given that they will prove to be correct.

    Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks, including the inherent uncertainty of mineral exploration; risks related to title to mineral properties; and credit, market, currency, operational, commodity, geopolitical, liquidity and funding risks generally, including changes in economic conditions, interest rates or tax rates and general market and economic conditions. Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained in this press release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward‐looking statements and information contained in this press release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements and information contained in this press release are expressly qualified by this cautionary statement.

    For further information, please contact:

    BULGOLD Inc.
    Sean Hasson, President and Chief Executive Officer
    Telephone: +359 887 560 545
    Email: sean.hasson@BULGOLD.com 
    Website: www.BULGOLD.com

    The MIL Network

  • MIL-OSI: BTCC Exchange Strengthens Position in Tokenized Futures Trading with Diverse Asset Offerings and Enhanced Tools

    Source: GlobeNewswire (MIL-OSI)

    A Media Snippet accompanying this announcement is available by clicking on this link.

    VILNIUS, Lithuania, July 10, 2025 (GLOBE NEWSWIRE) — BTCC, the world’s longest-serving crypto exchange, has expanded its tokenized futures products with the addition of Pop Mart International Group Ltd. (POPMART) and WTI Crude Oil (USOIL), while integrating TradingView’s advanced technical analysis tools into its web platform.

    Tokenized futures allow traders to gain exposure to traditional financial assets using cryptocurrency. BTCC now offers over 370 futures contracts, with new tokenized additions recording 1 million USDT in trading volume within their first week of launch in June 2025.

    BTCC’s tokenized futures now span 49 traditional market assets across four main categories, with USDT as the trading currency:

    • Stocks: Tesla, Apple, Microsoft (up to 50x leverage)
    • Commodities: Gold, silver (up to 150x leverage)
    • Forex: EUR, GBP (up to 200x leverage)
    • Indices: S&P 500, Dow Jones (up to 50x leverage)

    “We’ve been offering tokenized futures ahead of this trend, recognizing early how blockchain technology can revolutionize access to traditional markets,” said Alex Hung, Head of Operations at BTCC. “This product category seamlessly integrates traditional finance with DeFi, allowing easy access to diverse markets through a single crypto platform.”

    Following the product expansion, BTCC has enhanced its web platform with TradingView’s advanced technical analysis tools:

    • Drag-and-Drop TP/SL Setting: Set Take Profit and Stop Loss levels directly on charts.
    • Split-screen functionality: Monitor multiple charts simultaneously with independent drawings.
    • Fibonacci Bollinger Bands (FBB): Combines Fibonacci retracement levels with Bollinger Bands.

    The tokenized futures market has seen growing interest as traders seek traditional asset exposure through crypto platforms. BTCC’s approach provides leveraged trading opportunities with the convenience of trading traditional assets using cryptocurrency.

    The exchange plans to continue expanding its tokenized offerings throughout 2025, with new assets being added regularly to meet growing trader demand.

    About BTCC Exchange

    Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

    Official website: https://www.btcc.com/en-US

    X: https://x.com/BTCCexchange

    Contact: press@btcc.com

    The MIL Network

  • MIL-OSI: BTCC Exchange Strengthens Position in Tokenized Futures Trading with Diverse Asset Offerings and Enhanced Tools

    Source: GlobeNewswire (MIL-OSI)

    A Media Snippet accompanying this announcement is available by clicking on this link.

    VILNIUS, Lithuania, July 10, 2025 (GLOBE NEWSWIRE) — BTCC, the world’s longest-serving crypto exchange, has expanded its tokenized futures products with the addition of Pop Mart International Group Ltd. (POPMART) and WTI Crude Oil (USOIL), while integrating TradingView’s advanced technical analysis tools into its web platform.

    Tokenized futures allow traders to gain exposure to traditional financial assets using cryptocurrency. BTCC now offers over 370 futures contracts, with new tokenized additions recording 1 million USDT in trading volume within their first week of launch in June 2025.

    BTCC’s tokenized futures now span 49 traditional market assets across four main categories, with USDT as the trading currency:

    • Stocks: Tesla, Apple, Microsoft (up to 50x leverage)
    • Commodities: Gold, silver (up to 150x leverage)
    • Forex: EUR, GBP (up to 200x leverage)
    • Indices: S&P 500, Dow Jones (up to 50x leverage)

    “We’ve been offering tokenized futures ahead of this trend, recognizing early how blockchain technology can revolutionize access to traditional markets,” said Alex Hung, Head of Operations at BTCC. “This product category seamlessly integrates traditional finance with DeFi, allowing easy access to diverse markets through a single crypto platform.”

    Following the product expansion, BTCC has enhanced its web platform with TradingView’s advanced technical analysis tools:

    • Drag-and-Drop TP/SL Setting: Set Take Profit and Stop Loss levels directly on charts.
    • Split-screen functionality: Monitor multiple charts simultaneously with independent drawings.
    • Fibonacci Bollinger Bands (FBB): Combines Fibonacci retracement levels with Bollinger Bands.

    The tokenized futures market has seen growing interest as traders seek traditional asset exposure through crypto platforms. BTCC’s approach provides leveraged trading opportunities with the convenience of trading traditional assets using cryptocurrency.

    The exchange plans to continue expanding its tokenized offerings throughout 2025, with new assets being added regularly to meet growing trader demand.

    About BTCC Exchange

    Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.

    Official website: https://www.btcc.com/en-US

    X: https://x.com/BTCCexchange

    Contact: press@btcc.com

    The MIL Network

  • MIL-OSI: Uzbekistan State Registered Token Backed by Government Bonds

    Source: GlobeNewswire (MIL-OSI)

    TASHKENT, Uzbekistan, July 10, 2025 (GLOBE NEWSWIRE) — The national payment system HUMO has announced the launch of a project for issuing its own token backed by Uzbekistan’s government bonds. The new token is issued by HUMO Digital, a subsidiary of the system. This marks an important step in advancing innovative financial solutions in the country’s economy.

    The issuance of the HUMO token has been registered in the Unified Electronic Register of Crypto-Assets maintained by the National Agency for Prospective Projects of the Republic of Uzbekistan (NAPP). Oversight of the token’s collateral and its safekeeping is handled by the Asterium crypto depository. The HUMO token is backed by government bonds of Uzbekistan, which ensures its stability and protects it from sharp price fluctuations.

    The HUMO token is a project of the national payment system HUMO, a key driver of Uzbekistan’s digital transformation in the financial sector. With over 35 million issued cards and deep integration into the country’s banking and retail infrastructure, HUMO plays a vital role in the everyday financial life of millions of citizens.

    The token’s launch aims to attract foreign investment, simplify business payments, and enhance financial transparency. A token backed by government bonds also strengthens control over transactions and builds trust in innovative financial instruments.

    The HUMO token offers several key advantages: instant and automated fiat conversion, no delays or intermediaries, lower transaction costs, and full transparency and security through blockchain-based data recording.

    The goal of the current stage is to test settlement and integration mechanisms with participation from businesses and retail users, and to explore real-world use cases for the backed token in financial processes.

    Looking ahead, the project plans to introduce new features for companies interested in using advanced tools for payments and operations. The HUMO token will be integrated into payment solutions and is expected to be listed on digital trading platforms. The issuance and circulation mechanisms were designed to fit seamlessly into Uzbekistan’s existing financial infrastructure.

    Maqsad Mukhitdinov, Acting Chairman of the Board of the National Interbank Processing Center (operator of the HUMO national system), stated:

    “The issuance of the HUMO token is a logical step in the evolution of our ecosystem, aimed at creating a secure and regulated backed asset. We seek to combine the benefits of blockchain technology with the reliability of our national payment infrastructure, ensuring user convenience and transparency.”

    Komilkhuzha Sultonov, Director of Asterium, added:

    “This project is more than just a tech innovation — it’s a major step toward building a transparent and resilient financial environment. It opens new opportunities for shaping the economy of the future while reinforcing Asterium’s role as a driver of digital transformation in Uzbekistan.”

    About HUMO

    HumoCard is a national payment system based on banking payment cards, enabling transactions both within Uzbekistan and internationally. HUMO is an integral part of the country’s payment ecosystem. It connects participants, instruments, and platforms in interbank settlements, enabling smooth domestic money transfers and interactions with foreign payment systems.

    HUMO has established direct relationships with major global payment systems such as Visa, MasterCard, and UnionPay International, allowing for foreign currency operations with HUMO bank cards abroad and accepting foreign-issued cards in Uzbekistan. The system is actively expanding integrations with Georgia, Kazakhstan, Kyrgyzstan, South Korea, Turkey, Armenia, and India.

    Contact:
    Aleksey Maksimov
    Chairman of the Board of the National Interbank Processing Center (NMPC)
    info@humocard.uz

    Disclaimer: This is a paid post and is provided by HUMO token. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c3603408-71f1-47bc-ac1b-a45c2be4ce11

    The MIL Network

  • MIL-OSI: STMicroelectronics and Metalenz Sign a New License Agreement to Accelerate Metasurface Optics Adoption

    Source: GlobeNewswire (MIL-OSI)

    T4717D

    STMicroelectronics and Metalenz Sign a New License Agreement to Accelerate Metasurface Optics Adoption

    • New license agreement enabling the proliferation of metasurface optics across high-volume consumer, automotive and industrial markets: from smartphone applications like biometrics, LIDAR and camera assist, to robotics, gesture recognition, or object detection.
    • The agreement broadens ST’s capability to use Metalenz IP to produce advanced metasurface optics while leveraging ST’s unique technology and manufacturing platform combining 300mm semiconductor and optics production, test and qualification.

    Geneva, Switzerland, and Boston, MA, USA – July 10, 2025 — STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications and Metalenz, the pioneer of metasurface optics, announced a new license agreement. The agreement broadens ST’s capability to use Metalenz IP to produce advanced metasurface optics while leveraging ST’s unique technology and manufacturing platform combining 300mm semiconductor and optics production, test and qualification.

    “STMicroelectronics is the unique supplier on the market offering a groundbreaking combination of optics and semiconductor technology. Since 2022, we have shipped well over 140 million metasurface optics and FlightSense™ modules using Metalenz IP. The new license agreement with Metalenz bolsters our technology leadership in consumer, industrial and automotive segments, and will enable new opportunities from smartphone applications like biometrics, LIDAR and camera assist, to robotics, gesture recognition, or object detection,” underlined Alexandre Balmefrezol, Executive Vice President and General Manager of STMicroelectronics’s Imaging Sub-Group. “Our unique model, processing optical technology in our 300mm semiconductor fab, ensures high precision, cost-effectiveness, and scalability to meet the requests of our customers for high-volume, complex applications.”

    “Our agreement with STMicroelectronics has the potential to further fast-track the adoption of metasurfaces from their origins at Harvard to adoption by market leading consumer electronics companies,” said Rob Devlin, co-founder and CEO of Metalenz. “By enabling the shift of optics production into semiconductor manufacturing, this agreement has the possibility to further redefine the sensing ecosystem. As use cases for 3D sensing continue to expand, ST’s technology leadership in the market together with our IP leadership solidifies ST and Metalenz as the dominant forces in the emergent metasurface market we created.”

    The new license agreement aims to address the growing market opportunity for metasurface optics projected to experience significant growth to reach $2B by 2029*; largely driven by the industry’s role in emerging display and imaging applications. (*Yole Group, Optical Metasurfaces, 2024 report)

    Note to editors
    In 2022, metasurface technology from Metalenz, which spun out of Harvard and holds the exclusive license rights to the foundational Harvard metasurface patent portfolio, debuted with ST’s market leading direct Time-of-Flight (dToF) FlightSense modules.

    Replacing the traditional lens stacks and shifting to metasurface optics instead has improved the optical performance and temperature stability of the FlightSense modules while reducing their size and complexity.

    The use of 300mm wafers ensures high precision and performance in optical applications, as well as the inherent scalability and robustness advantage of semiconductor manufacturing process.

    About STMicroelectronics
    At ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027.
    Further information can be found at www.st.com.

    About Metalenz
    Metalenz is at the forefront of driving innovation in optics with metasurface technology, providing solutions that redefine the possibilities of mobile imaging and sensing. Metalenz is the first company to bring metasurfaces to mass markets, with millions of its meta-optics already integrated in consumer devices, combining the functionality of three or four complex lenses and components into a single flat device, mass produced in existing semiconductor foundries. The company’s first full system solution, Polar ID, is a groundbreaking, ultra-secure, small, and affordable face unlock solution for mobile that harnesses the unique polarized light sorting capabilities of metasurfaces, enabling mobile devices to see beyond the limits of current visual systems. metalenz.com

    CONTACTS

    STMicroelectronics

    INVESTOR RELATIONS
    Jérôme Ramel
    EVP Corporate Development & Integrated External Communication
    Tel: +41.22.929.59.20
    jerome.ramel@st.com

    MEDIA RELATIONS
    Alexis Breton
    Corporate External Communications
    Tel: +33.6.59.16.79.08
    alexis.breton@st.com

    Metalenz

    Carly Glovinski
    Sr. Marketing Manager
    media@metalenz.com

    Attachments

    The MIL Network

  • MIL-OSI: The SBB Research Group Foundation Sponsors Renaissance Knights Chess Foundation

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 10, 2025 (GLOBE NEWSWIRE) — Renaissance Knights Chess Foundation (RKCF) collaborated in a volunteer initiative alongside the SBB Research Group Foundation, which partners with local nonprofits through its Champion A Charity Program.

    Renaissance Knights’ mission is to harness the power of chess through intentional, comprehensive programs that promote cognitive growth, character development, mentorship, and community engagement—empowering youth with the skills, support, and opportunities they need for lifelong success.

    Sandeep Navalgund, a volunteer from the SBB Research Group Foundation, supported this mission by helping plan and volunteer at the 2025 Greater Chicago K-12 Chess Championship, hosted annually by RKCF. This year’s event took place on February 8th at McCormick Place and welcomed over 660 students from across the Midwest. The tournament aims to introduce students—particularly those from Title I low-income schools in Chicago Public Schools (CPS)—to the game of chess and the critical thinking, planning, and social-emotional skills it fosters.

    “It was wonderful to see so many students and families excited to participate, regardless of age or skill level,” said Navalgund. He emphasized the event’s significance, noting, “This is one of RKCF’s marquee events and plays a vital role in their mission to teach lifelong skills such as planning, persistence, and patience.”

    To learn more about Renaissance Knights Chess Foundation’s comprehensive youth programs, visit https://rknights.org.

    About the SBB Research Group Foundation

    The SBB Research Group Foundation is a 501(c)(3) nonprofit that furthers the philanthropic mission of SBB Research Group LLC (SBBRG), a Chicago-based investment management firm led by Sam Barnett, Ph.D., and Matt Aven. The Foundation provides grants to support ambitious organizations solving unmet needs with thoughtful, long-term strategies. In addition, the Foundation sponsors the SBBRG STEM Scholarship, which supports students pursuing science, technology, engineering, and mathematics degrees.

    Contact: Erin Noonan
    Organization: SBB Research Group Foundation
    Email: grants@sbbrg.org
    Address: 450 Skokie Blvd, Building 600, Northbrook, IL 60062 United States
    Phone: 1-847-656-1111

    Website: https://www.sbbrg.org

    The MIL Network

  • MIL-OSI Economics: Secretary-General of ASEAN Meets with the Minister of State for External Affairs of India

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today held a bilateral meeting with Minister of State for External Affairs of the Republic of India, Pabitra Margherita, on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. Both sides exchanged views on the progress of the ASEAN-India Comprehensive Strategic Partnership and discussed ways to further advance the cooperation and bringing it to greater heights. They also discussed regional and international issues of mutual interest and concern.

    The post Secretary-General of ASEAN Meets with the Minister of State for External Affairs of India appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN Meets with the Minister of State for External Affairs of India

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today held a bilateral meeting with Minister of State for External Affairs of the Republic of India, Pabitra Margherita, on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. Both sides exchanged views on the progress of the ASEAN-India Comprehensive Strategic Partnership and discussed ways to further advance the cooperation and bringing it to greater heights. They also discussed regional and international issues of mutual interest and concern.

    The post Secretary-General of ASEAN Meets with the Minister of State for External Affairs of India appeared first on ASEAN Main Portal.

    MIL OSI Economics