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  • MIL-OSI Submissions: Nature-friendly farming budget swells in UK – but cuts elsewhere make recovery fraught

    Source: The Conversation – UK – By Nathalie Seddon, Professor of Biodiversity, Smith School of Enterprise and Environment and Department of Biology, University of Oxford

    Skylarks are a red-listed species, which means they are of high conservation concern in the UK. WildlifeWorld/Shutterstock

    Nature in the UK appeared to receive a rare funding boost in the June spending review, with the government setting a spending target of up to £2 billion a year for England’s environmental land management (ELM) scheme by 2028-29.

    By steering public funds toward farmers who restore hedgerows, soils and wetlands, England’s ELM programme is meant to renew landscapes that absorb carbon, support pollinators and keep water clean while helping rural businesses stay viable in a changing climate.

    If delivered in full, the package would elevate the UK’s post-Brexit model of investing public money in shared ecological care (rather than payments based on acreage) to one of the most generously funded in the world.

    Yet, scrutinise the details and a more complicated story emerges.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    The review has trimmed the day-to-day budget of the Department for Environment, Food and Rural Affairs (Defra) in real terms. Defra now faces the unenviable task of signing and monitoring thousands of new ELM agreements with fewer staff and shrinking data resources. Without the capacity to check whether fields really have become richer in skylarks or streams clearer of fertiliser, large sums could be delayed or misdirected.

    Scale is another challenge. An independent analysis published in 2024 estimated that roughly £6 billion every year across the UK is needed to bring agriculture in line with the Environment Act targets for habitat restoration and net zero commitments.

    Even the full £2 billion promised for England would meet only about half of that evidence-based need. And the “up to” £400 million for trees and peatlands is not new money: it is funding that was first promised in 2024 and the payment schedule has still not been confirmed.

    Money could be paid to farmers for allowing woodlands to regenerate.
    Richard Hepworth, CC BY

    While the review earmarked £4.2 billion for flood and coastal defence, it does not specify how much of that will support nature-based measures such as floodplain restoration, or the creation of saltmarshes or riparian woodlands. The Environment Agency is consulting on a funding model that could embed such solutions, but the Treasury papers are silent on who will pay for that shift.

    Tech spending dwarfs habitat investment

    Contrast this with the sums heading to the Department for Energy Security and Net Zero.

    Roughly £30 billion is earmarked for nuclear fission, fusion research and carbon-capture hubs. These projects are heavy on concrete and steel (materials with a hefty carbon cost) but have no immediate ecological benefit.

    While new low-carbon technologies are crucial, thriving and resilient soils, wetlands and woodlands nourish food systems, safeguard water and hold vast stores of carbon – benefits that deepen and become more cost-effective over time.

    Nature-based solutions can also revitalise local economies. The Office for National Statistics estimates that replacing the benefits flowing from the UK’s forests, rivers and soils – flood buffering, crop pollination, cleaner air, recreation and more – would cost about £1.8 trillion, a figure that only hints at their deeper, immeasurable value.

    Yet the review sets out no plan to safeguard these life-support systems, or to factor their decline into the Treasury’s green book (the rule book used to appraise public investments) or the Bank of England’s stress tests, which check how shocks could ripple through the financial system.

    This is also a matter of fairness and public health. Growing evidence shows that regular contact with nature lowers the risks of heart disease and anxiety, while improving children’s cognitive development. These are benefits with a value that defies any price tag.

    Yet the places with the fewest trees and parks tend to be the same post-industrial towns ministers want to “level up”. The review is silent on biodiversity net gain (the flagship policy meant to channel private finance into local habitats) and on a proposed national nature wealth fund that could blend public and private capital for large-scale restoration.

    Housing money could repeat past mistakes

    One line in the spending review could still shift the balance.

    The chancellor has earmarked £39 billion for building social and affordable housing over the next decade. If every development delivers at least a 10% net gain for biodiversity onsite, and if schemes build in climate-smart design (living roofs, shade-giving street trees, permeable surfaces) with local residents, Britain could pioneer the world’s first large-scale, nature-positive, net-zero housing programme.

    Without those safeguards, “levelling up” risks repeating old mistakes: sealing green space under concrete today and paying tomorrow to retrofit drainage, shade and parks.

    Green space is scarce on this new housing estate near Cardiff, Wales.
    Shutterstock

    That risk is heightened by the government’s planning and infrastructure bill, now before parliament. In an open letter to MPs, economists and ecologists warn that the bill would let developers “pay cash to trash” irreplaceable habitats by swapping onsite protection for a levy, a move they describe as a “licence to kill nature”.

    At the next UN climate summit, Cop30 in Brazil in November 2025, the UK will have to show the world that its domestic spending matches its international rhetoric.

    More than 150 UK researchers made that point in an open letter to the prime minister, urging him to put nature at the centre of the UK’s Cop30 stance. Converting the Treasury’s headline figures into habitat gains and locking robust rules into both the planning bill and the housing drive would give ministers credible proof of progress when they update the UK’s climate and nature pledges on the Cop30 stage.

    The spending review may have nudged farm policy in the right direction and set a new higher water mark for nature-positive agriculture. Yet amid the squeeze on Defra, the recycling rather than expansion of tree and peat budgets and the continued dominance of technology over habitat, nature still comes a distant second to hard infrastructure in the UK growth model.

    There is still time to change course. Guaranteeing Defra’s capacity, publishing a timetable for the tree-and-peat fund, reserving part of the flood budget for community-led nature-based solutions and hardwiring strong biodiversity net gain rules into housing and planning reforms would turn headline promises into projects that enrich daily life while stewarding public money wisely.

    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.

    Nathalie Seddon receives funding from UKRI and the Leverhulme Trust and sits on the UK Climate Change Committee. She is also a trustee of the Circular Bioeconomy Alliance and is a non-executive director of the social venture, Nature-based Insights.

    – ref. Nature-friendly farming budget swells in UK – but cuts elsewhere make recovery fraught – https://theconversation.com/nature-friendly-farming-budget-swells-in-uk-but-cuts-elsewhere-make-recovery-fraught-259091

    MIL OSI –

  • MIL-OSI Video: President Ursula von der Leyen participates in the EP plenary debate

    Source: European Commission (video statements)

    On 7 July 2025, European Commission President Ursula von der Leyen participates in the European Parliament Plenary Debate in Strasbourg, France.

    Follow live events and access media content here:
    https://audiovisual.ec.europa.eu/en/

    Stay updated — follow us on X: https://x.com/EC_AVService

    Follow us on:
    -X: https://twitter.com/EU_Commission
    -Instagram: https://www.instagram.com/europeancommission/
    -Facebook: https://www.facebook.com/EuropeanCommission
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    -Medium: https://medium.com/@EuropeanCommission

    Check our website: http://ec.europa.eu/

    https://www.youtube.com/watch?v=gMX1npG87tI

    MIL OSI Video –

  • MIL-OSI United Kingdom: Review into Government Response to the Death of Harry Dunn

    Source: United Kingdom – Executive Government & Departments 3

    News story

    Review into Government Response to the Death of Harry Dunn

    Independent review into the UK Government response to the death of Harry Dunn announced by Foreign Secretary David Lammy 

    • Independent review into the UK Government response to the death of Harry Dunn announced by Foreign Secretary David Lammy
    • Review, led by Dame Anne Owers, will focus on Government actions in months following the tragedy in 2019, and look at support offered to UK citizens in comparable situations
    • David Lammy met Harry Dunn’s family and said the Government would learn lessons from the tragedy

    An independent review into the UK Government’s response to the death of Harry Dunn has been announced by Foreign Secretary David Lammy (Monday 7 July). Harry Dunn was tragically killed in a road traffic collision in August 2019. 

    The review will be led by Dame Anne Owers DBE, who will examine actions taken by the Foreign and Commonwealth Office in support of the family of Harry Dunn in the period between 27 August and the end of December in 2019. 

    Having promised to undertake a review while sitting as an opposition MP, David Lammy has met twice with family members since becoming Foreign Secretary and committed the Government to learning lessons from the tragedy. 

    Foreign Secretary David Lammy said:  

    I have the deepest respect for the resolve Harry’s family have shown since his tragic death and in launching this independent review, we are honouring the commitments we have made to them. 

    I am confident the review into how the case was handled by the previous government has the remit required to properly address the family’s concerns and to ensure lessons are learned. 

    Having worked previously with Dame Anne Owers on the Lammy Review in 2017, I don’t believe anyone is better qualified to undertake this important piece of work.” 

    The mother of Harry Dunn, Charlotte Charles, said: 

    We welcome today’s formal announcement by the Foreign, Commonwealth and Development Office that a full review into the handling of Harry’s case will now take place. 

    I want to pay particular tribute to the Foreign Secretary David Lammy. Ever since we met him in his role as Shadow Foreign Secretary back in January 2023, he has shown us nothing but compassion and leadership. He listened to us carefully and committed to undertaking this review once he was in a position to do so. True to his word, he has now delivered on that promise. My family and Team Harry are incredibly grateful to him for doing the right thing. 

    We now look forward to working with Dame Anne Owers and doing all we can to support her in this important task. It is our sincere hope that her work will help ensure that no other family is ever treated in the way that ours was. This review is yet another step in our long journey towards ensuring that Harry’s loss was not in vain and that the World is a better and safer place.” 

    Dame Anne Owers DBE said: 

    I believe it is crucially important that public authorities are ready to learn lessons from difficult and traumatic events, so they can reflect on and improve the way they work and communicate. This is something that I have been committed to in all the roles I have held. 

    I am pleased to have been asked by the Foreign Secretary to carry out this work in the context of the tragic death of Harry Dunn, and to identify any lessons for the Foreign, Commonwealth and Development Office.  I very much hope that this will provide some assurance to Harry’s family.” 

    The independent review will seek to identify key lessons to be learned for comparable future situations. 

    It will not examine issues which have previously been considered under related historical legal proceedings, the UK’s relationship with other countries or the role or actions of any other countries. 

    The final report of the Independent Review will be published in full, subject only to redactions relating to national security or personal information, and will be laid before Parliament along with the Foreign Secretary’s Written Ministerial Statement.

    Updates to this page

    Published 7 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Polytechnic at INNOPROM-2025: Technologies of the Future Are Already Here

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    On July 7, the INNOPROM-2025 exhibition opened in Yekaterinburg. This is the main industrial exhibition of Russia and one of the key platforms in Eurasia for presenting high-tech solutions, concluding international contracts and exchanging experience between industry leaders. INNOPROM-2025 will cover key industries, including automation, mechanical engineering, metallurgy, materials production, urban technologies and the IT sector.

    More than 1,000 companies from Russia, the Middle East, Europe and Asia will present their products on an exhibition area of 50 thousand square meters. In total, over 47 thousand participants from 60 countries are expected at INNOPROM-2025, including representatives of 11 thousand organizations and companies.

    “I am glad to welcome you to the anniversary XV International Industrial Exhibition INNOPROM! The main theme of INNOPROM-2025 — “Technological Leadership: Industrial Breakthrough” — is fully revealed in the business and exhibition program of the exhibition. And almost every thematic track of the exhibition — be it the development and application of advanced digital and production technologies or effective educational solutions for training a new generation of engineering personnel — corresponds to one or another scientific and technological or practice-oriented educational area of activity of Peter the Great St. Petersburg Polytechnic University, — says Rector of SPbPU, Chairman of the SPbB RAS Andrey Rudskoy. — I am convinced that INNOPROM-2025 will become an effective platform for uniting sites for demonstration, interaction, as well as effective business communications with potential customers and investors. The stand of St. Petersburg Polytechnic University is open for constructive dialogue and interaction with all interested participants and partners who are ready, like our university, to actively participate in the implementation of the action program to achieve technological leadership in Russia.”

    Peter the Great St. Petersburg Polytechnic University presents more than ten advanced developments at the exhibition, which not only demonstrate the level of the engineering school of Russia, but are also ready for implementation in key areas of industry. These are not prototypes “for the future”, but ready-made solutions for the present.

    “Zhuchok” – a transport platform for wheelchairs

    A distinctive feature is that any wheelchair can enter the platform: both electric and mechanical. This allows the platform to be rented on popular tourist routes or beaches, increasing their accessibility for people with disabilities. Equipped with a unique rubber track, which has no analogues in Russia.

    Industrial cartridge – an effective barrier for protecting urban waters

    FOPS filters purify wastewater, turning sewer manholes into eco-stations. The development is entirely Russian and has already been tested in megacities. The solution is scalable and relevant for all urbanized areas. FOPS filters are not thrown away after cleaning, but are included in the composition of nutrient substrates. The new technology closes the ecological cycle, reduces waste and makes agriculture “greener”. The key idea: to use what others throw away.

    Lithium-ion module with smart balancing

    Module for electric vehicles and new generation equipment. Up to 1500 W/kg of power in a compact case. Most of the components are domestically produced, the rest can be replaced in the near future.

    “Nomad” – mobile laser welder

    Mobile laser cladding complex created in the Research Laboratory “LiAT” of the Institute of Metallurgy and Metallurgy of St. Petersburg Polytechnic University. The Nomad is designed to restore and modify the surfaces of large-sized and special products using laser cladding. After transportation, the start-up and adjustment time is up to 30 minutes. The laboratory specialists designed the complex to carry out projects to repair components of domestic and imported gas turbine engines. This technology allows applying layers of material to a substrate or a finished product. Metal powders and wires can be used as raw materials. The main feature of the MK is its compactness and the ability to move to the work site, which is convenient for repairing large-sized products.

    Also on the stand you can see nozzle assemblies after restoration repairs using the laser gas-powder surfacing method, working and nozzle blades, welded joints formed using the laser and hybrid laser-arc welding method, and much more.

    New generation unmanned aerial vehicle “Snegir-2”

    The Snegir electric UAV family is a line of multifunctional unmanned vehicles developed by specialists from the Experimental Design Bureau of the Advanced Engineering School of SPbPU “Digital Engineering”. In 2023, the Snegir-1 UAV was created on an initiative basis in just five months, and in 2024–2025, the Snegir-1.5 and Snegir-2 modifications with increased take-off weight and flight range were developed on its basis.

    The new generation UAV Snegir-2 presented at the Polytechnic stand has increased stability due to an improved control system, and is also equipped with an innovative modular system of interchangeable components, which allows the device to be quickly adapted to perform various tasks.

    The SPbPU stand showcased developments of the Polymer Composite Materials laboratory of the SPbPU Advanced Engineering School “Digital Engineering”, including demonstrators of overprinting and induction welding technologies for thermoplastic composite materials, as well as automated laying out of thermoplastic unidirectional prepregs. These solutions were highly praised by Deputy Prime Minister Dmitry Chernyshenko at the XI International Forum of Technological Development “Technoprom” in 2024.

    Innovative materials and products are presented for the first time: ASM PEEK C140UD toupreg for automated production of highly loaded composite structures, a bracket made of ASM PEEK-C285S-P based on a thermoplastic consolidated plate made of superstructural polyetheretherketone, as well as ASM PEEK-3K filament for 3D printing based on continuous carbon fiber. The production technologies of the materials were developed by engineers of the Polymer Composite Materials laboratory of the Advanced Engineering School “Digital Engineering” of SPbPU in the interests of JSC Prepreg-SKM (part of Rosatom Composite Technologies), and samples of the materials were manufactured by an enterprise of the composite division of the State Corporation specifically for the INNOPROM-2025 exhibition.

    Oil products in water sensor

    The use of the sensor allows determining the concentration of impurities in real time. Analogues allow determining the presence and concentration of impurities only in samples taken at specified time intervals. When creating the sensor, digital design technologies, additive technologies, development of proprietary image processing algorithms, and microcontroller programming were used.

    “ARCitech” – industrial 3D metal printing

    An open-type installation designed for electric arc growing of large-sized metal products. The technological process allows achieving record high speeds of product production (for aluminum alloys (Al) — 2.2 kg/hour, for Fe — 6 kg/hour).

    “The Cable of Life” is a story that has become a symbol of heroism

    An exhibit from the SPbPU History Museum is an engineering solution that saved Leningrad during the siege. A fragment of a high-voltage cable that was laid along the bottom of Lake Ladoga to provide Leningrad during the siege with electricity from the restored Volkhov Hydroelectric Power Station. It is named by analogy with the “Road of Life”.

    There is also an active business program at the Polytechnic stand. On the first day of the exhibition, negotiations were held with representatives of the Industrial Cluster of the Republic of Tatarstan. They were attended by the Scientific Secretary of SPbPU Dmitry Karpov, Chairman of the Board of the Cluster Sergey Mayorov, Member of the Board Aidar Gimadeev, Member of the Board Pavel Loginov, Member of the Board Ilnar Zakirov.

    The Tatarstan Industrial Cluster is an association of enterprises and organizations created to develop industrial production and increase its competitiveness. Founded in 2010, the cluster today includes more than 1,000 enterprises operating in various industries. The goal of the cluster is to develop the republic’s economy through the development of production and increasing the competitiveness of industrial enterprises. The partners discussed promising options for cooperation that can be implemented in joint educational projects. They are aimed at improving production technologies, creating new products and services, and improving the qualifications of personnel.

    Another delegation represented the Moscow Government. The prospects for cooperation and interaction with the Polytechnic were discussed by the Scientific Secretary of SPbPU Dmitry Karpov, the Head of the Department for the Development of International Cooperation of the Department of Foreign Economic and International Relations of the City of Moscow Elena Tikhonova and the Head of the Department of International Relations Anastasia Sibileva. The discussion focused on joint events within the framework of the upcoming BRICS municipal forum.

    Ilya Kobykhno, Head of the Laboratory of Polymer Composite Materials of the Advanced Engineering School of SPbPU “Digital Engineering”, spoke at the session “Thermoplasts – New Materials for Industry”, during which the participants discussed the prospects for the development of the thermoplastic composites market in key areas of industry, as well as the impact of new materials on the competitiveness of the final product.

    The speaker presented advanced developments created for the Rosatom State Corporation and Rostec enterprises, including demonstrators of overprinting and induction welding technologies for thermoplastic composite materials, as well as automated laying of thermoplastic unidirectional prepregs. Let us recall that these solutions were highly praised by Deputy Prime Minister Dmitry Chernyshenko at the XI International Technological Development Forum Technoprom in 2024.

    Ilya Kobykhno also spoke about the creation of innovative materials and products jointly with Prepreg-SKM JSC (part of Rosatom Composite Technologies) and BI PITRON LLC: ASM REEK C140UD toupreg for automated production of highly loaded structures, a bracket made of ASM REEK-C285S-P based on a thermoplastic consolidated plate made of superstructural polyetheretherketone, as well as ASM REEK-3K filament for 3D printing based on continuous carbon fiber. These exhibits are presented at the SPbPU stand as part of the INNOPROM exhibition program.

    In conclusion of his speech, the speaker emphasized that further development and application of the integrated technology for producing composite structures using the overprinting method for manufacturing products, including aviation equipment, will be carried out within the framework of the key scientific and technological development area of SPbPU “System Digital Engineering”.

    This was the first day of the Polytechnic University at the INNOPROM-2025 exhibition. Follow the work of SPbPU in Yekaterinburg on our website.

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

    .

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: HKETO Berlin Supports Berlin CityCup Dragon Boat Races (with photos)

    Source: Hong Kong Government special administrative region

    The Hong Kong Economic and Trade Office in Berlin (HKETO Berlin) supported the 26th Berlin CityCup dragon boat races on July 5 and 6 (Berlin time).
     
    The event saw enthusiastic participation with a total of more than 1 000 racers joined the competition. As one of the highlights of the CityCup, 60 teams joined the Hong Kong Cup sponsored by the HKETO Berlin on July 5. The Acting Director of HKETO Berlin, Mr Billy Leung, presented trophies to the winning teams after the race.
     
    “In Chinese culture, dragon signifies strength, courage, and resilience. Today, dragon boat racers from diverse cultural backgrounds have showed the power of teamwork and fighting spirit together.” Mr Leung said.
     
    Mr Leung added that Hong Kong possesses world-class sports, cultural and recreational facilities. With the opening of Kai Tak Sports Park in this March, a series of mega sports events as well as concerts have been held. 
     
    HKETO Berlin also set up a promotional booth at the race venue to showcase Hong Kong’s forthcoming major events, and promote Hong Kong’s advantages as an ideal place for work and study.

    About HKETO Berlin
     
    HKETO Berlin is the official representative of the Hong Kong Special Administrative Region Government in commercial relations and other economic and trade matters in Germany as well as Austria, Czechia, Hungary, Poland, the Slovak Republic, Slovenia and Switzerland.
     

    MIL OSI Asia Pacific News –

  • MIL-OSI: BIO-Europe® 2025 Gathers Global Life Sciences Leaders in Vienna

    Source: GlobeNewswire (MIL-OSI)

    MUNICH, Germany, July 07, 2025 (GLOBE NEWSWIRE) — The 31st annual edition of BIO-Europe, the premier partnering conference for the global biopharmaceutical industry organized by EBD Group, will take place in Vienna, Austria, from November 3 – 5, 2025, followed by a digital partnering experience on November 11 – 12.

    BIO-Europe continues to serve as a cornerstone event for life science dealmaking and brings together key decision-makers to spark innovation, investment, and partnerships. The 2025 edition is expected to welcome 5,700+ participants from 2,900 companies worldwide, including top-level management from the world’s top 50 pharma firms. Attendees will engage in over 30,000 one-to-one meetings, advancing therapeutic innovation and dealmaking across the ecosystem.

    “In times when uncertainty and complexity shape the global landscape, strategic collaboration is more vital than ever,” said Claire Macht, European Portfolio Director for EBD Group. “BIO-Europe provides a high-impact platform where partnerships flourish – across borders, disciplines, and development stages. Innovation in life sciences doesn’t happen in isolation, it happens when people connect, share ideas, and transform vision into action. Vienna’s vibrant ecosystem and scientific excellence make it the ideal setting for shaping the future of healthcare together.”

    Vienna stands out as one of Europe’s most dynamic life sciences locations. The Austrian capital accounts for over half of the nation’s life sciences activity and employs nearly 50,000 people across 754 organizations, including 646 companies and 19 renowned research and education institutions. The sector generated €22 billion in annual revenues in 2023, underscoring the city’s growing influence in the European biotech and pharma industry.1

    “Welcoming BIO-Europe to Vienna is both an honor and a strategic opportunity,” said Philipp Hainzl, Managing Director of LISAvienna. “Austria’s life sciences community is eager to engage with international peers, investors, and innovators. We look forward to showcasing the regional strength in research, entrepreneurship, and collaborative growth on a global stage. Together with our leading biotech innovators, we will contribute to an unforgettable conference experience. Participants are warmly invited to our Welcome Reception at the magnificent Vienna City Hall.” The local host LISAvienna is Vienna’s central life sciences cluster platform operated by Austria Wirtschaftsservice (aws) and the Vienna Business Agency on behalf of the Austrian Federal Ministry of Economy, Energy and Tourism and the City of Vienna.

    Program Highlights

    Inspired by Vienna’s legendary coffeehouse culture and music, BIO-Europe 2025 will offer an engaging program involving expert-led panel discussions, company presentations, including the startup spotlight pitch competition, the Advanced Business Development course, an active exhibition floor, and networking opportunities designed to inspire collaboration across the life science industry.

    A highlight of the event – the Opening Plenary – with David Loew, CEO of Ipsen, and Jeremy Levin, CEO of Ovid Therapeutics, will explore Europe’s evolving role in global healthcare innovation – will it be a symphony or a solo act?

    BIO-Europe serves the entire biopharma ecosystem, with tailored content for early-stage startups, innovators, academic researchers, as well as large pharma and venture investors. Serendipitous networking, both in-person and online, is a hallmark of the experience.

    Partnering and Registration

    Partnering for BIO-Europe opens on September 22, 2025. One-to-one meetings will be powered by partneringONE®, EBD Group’s industry-standard platform that enables delegates to search, request, schedule, and conduct meetings efficiently.

    To enhance access and extend engagement beyond the in-person event, the conference will continue with two days of virtual partnering on November 11-12, allowing participants to connect regardless of time zone or travel constraints.

    Registration is now open (information is available online), with the biggest savings available through the first early bird deadline on July 25, 2025. Additional discounted rates are available until November 2, 2025.

    For more information, please visit the conference website at: https://informaconnect.com/bioeurope/

    Additional links and information:

    Follow BIO-Europe 2025 on X @EBDGroup (hashtag: #BIOEurope) or on LinkedIn.

    About EBD Group

    EBD Group’s mission is to help collaborations get started across the life science value chain. Our range of partnering conferences has grown to become the largest and most productive conference platform in the industry. Each one of our landmark events held in key life science markets around the world is powered by our state-of-the-art partnering software, partneringONE, that enables delegates to efficiently identify and engage with new opportunities via one-to-one meetings. Today our events (BIO-Europe, BIO-Europe Spring®, Biotech Showcase™, ChinaBio® Partnering Forum, Asia Bio Partnering Forum and BioEquity Europe) annually attract more than 15,000 senior life science executives who engage in over 50,000 one-to-one partnering meetings. These vital one-to-one engagements are the wellspring of deals that drive innovation in our industry. EBD Group is an Informa company. For more information, please visit www.ebdgroup.com.

    Media Contacts:

    MC Services AG
    +49 89 2102280
    contact@mc-services.eu

    EBD Group
    Karina Marocco
    kmarocco@ebdgroup.com

    1Vienna Life Science Report 2024/2025

    The MIL Network –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 04 07 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 04 JULY 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,019,790 3.8458    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,019,790 3.8458    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 845 440p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 07 JULY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI Africa: Challenges in the Basic Education and Early Childhood Development (ECD) Centres Must Not Become a Phenomenon, Education Committee Chair

    Source: APO


    .

    The Select Committee on Education, Sciences and the Creative Industries has called for coordination of resources in order to maximise the impact Early Childhood Development (ECD) have in society.

    The Chairperson of the committee, Mr Makhi Feni, said the ECD centres are an empowerment tool whose role and importance should never be forsaken.

    “It is really concerning to the committee that we read of challenges besieging the ECD sector when we had just transferred the function to the Department of Basic Education (DBE) Surely, our portfolio will not and must not fail our children, as there was a reason to migrate the function to education.”

    “This is a function that requires everyone and any help with regards to the welfare and foundation phase education of our children. We are building a nation; and our actions include budget allocated for this specific function must support that,” emphasised Mr Feni.

    Weekend reports indicated that several ECD centres, and some attached to schools, struggled with basic necessities like water, sanitation and food items especially in the rural Limpopo and the Eastern Cape.

    Mr Feni said the committee would love to receive an update briefing on empirical and manifest challenges since the migration of the function to the DBE.

    “We do not want a system that breaks our children and their early educators either through budget constraints or infrastructure. We call on the minister and the provincial MECs to prioritise the work around ECD centres. These are areas where our children spend the longest time without parental supervision and outside their homes.”

    The committee also noted the challenges around payment of student teachers and tutors in Quintile One schools. Mr Feni said the committee accepted the fiscal constrained environment the DBE operated in. “But we do not want the challenges to become a phenomenon; the DBE must attend to this matter urgently wherever it is manifest.”

    “Salaries of teachers are a no-go area for cuts and hiccups. These are meagre salaries, it is not as if these teachers are paid millions.”

    Mr Feni said the committee’s interest was a functional system where all parents see value and trust that their children will turn out responsible and accountable young adults whose skills will be relevant to a 21st Century economy.

    Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa –

  • MIL-OSI Africa: Desert to Power: Independent power production in Sahel takes decisive step forward at fifth ministerial meeting

    Source: APO

    On 30 June 2025 in Ouagadougou, representatives from six member countries of the Desert to Power Initiative (https://apo-opa.co/3GlwfrL) approved key strategic documents to boost independent power production in the Sahel, at the fifth ministerial meeting of the project, spearheaded by the African Development Bank (www.AfDB.org).

    This crucial meeting provided an opportunity to take stock of progress made in implementing the Desert to Power Initiative, and to approve two key strategic documents: the Joint Protocol for Independent Power Producers (IPP) and the Strategy for the Promotion of Green Mini-Grids.  

    The IPP Joint Protocol, developed in close collaboration with the Desert to Power Taskforce and the African Legal Support Facility (ALSF), establishes standardised principles and documents to facilitate the development of large-scale solar power plants under public-private partnerships (PPPs). The aim of the mini-grid strategy is to determine a framework to accelerate implementation and encourage participation. 

    The meeting was chaired by Yacouba Zabré Gouba, Burkina Faso’s Minister of Energy, Mines and Quarries, and attended by the energy ministers of Djibouti, Niger and Chad, as well as representatives of their counterparts from Mali and Mauritania. 

    The ministers welcomed the project’s significant progress, particularly the implementation of over 15 projects, the first few of which are already operational. They also stressed the importance of capacity-building efforts.  

    Discussions continued at a technical workshop on financial modelling, aimed at strengthening financial analysis tools for the viability of Sahelian national utilities. There was active participation by the general managers and financial directors of the national utilities at this meeting. 

    Thanking the African Development Bank for supporting participating countries through the Desert to Power Initiative, Gouba said the meeting had given them a fresh start. “We must double our efforts and work in synergy to achieve the set objectives,” he declared. 

    Dr. Kevin Kariuki, Vice President for f Electricity, Energy, Climate and Green Growth at the African Development Bank, congratulated the ministers, observing that the validated Common Protocol constitutes an important lever for accelerating the development of privately financed solar projects for the benefit of the Sahelian people.  

    He also called on countries to take advantage of Mission 300 (https://apo-opa.co/3TVVxzJ), a bold effort between the African Development Bank and the World Bank that seeks to provide electricity access to an additional 300 million people in Africa by 2030.   

    “Mission 300 is a movement based on coordinated action, committed political leadership, and focused delivery from which we cannot afford to leave any country, ”Kariuki said. 

    On the sidelines of the gathering, participants visited the Gonsin photovoltaic power plant, located to the northwest of Burkina Faso’s capital, Ouagadougou. The 42 MWp plant, built as part of the Desert to Power Initiative, boasts a 10-megawatt storage system, providing a clear illustration of the tangible results and impact of the Initiative in Burkina Faso. 

    Distributed by APO Group on behalf of African Development Bank Group (AfDB).

    Media contact: 
    Communication and External Relations Department, 
    media@afdb.org

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI Africa: President El-Sisi Receives President of Somalia Hassan Sheikh Mohamud in Al-Alamain City

    Source: APO


    .

    Today in Al-Alamain City, President Abdel Fattah El-Sisi received President of the Federal Republic of Somalia, Dr. Hassan Sheikh Mohamud.

    Spokesman for the Presidency Ambassador Mohamed El-Shennawy said the two Presidents held a closed bilateral session of talks, followed by an expanded meeting attended by the two countries’ delegations. The talks focused on ways to foster closer bilateral relations as well as developments in the region and the continent.

    Concluding their meeting, the two Presidents held a joint press conference.

    Distributed by APO Group on behalf of Presidency of the Arab Republic of Egypt.

    MIL OSI Africa –

  • MIL-OSI Africa: Small Businesses Embrace Social— But Could be Missing a Trick in the Age of Artificial Intelligence (AI)

    Source: APO


    .

    According to the GoDaddy (www.GoDaddy.com) 2025 Global Entrepreneurship Survey, nearly half of small businesses in now primarily operate online, using websites, marketplaces, or social media to sell. This shows a clear shift as entrepreneurs embrace digital channels to reach customers, grow sales, and stay competitive in today’s market.

    Social Media: A Key Tool with Real Challenges

    Social media plays a major role in how small businesses operate and grow. 80% of entrepreneurs say it’s important to their sales strategy, and half (50%) say it’s very important. It has also become the top place to learn about running a business: 59% turn to social media for insights, ahead of traditional educational resources like books and blogs (40%), and artificial intelligence tools like ChatGPT (37%).

    But while the value is clear, so are the challenges. When it comes to managing their social media presence, many entrepreneurs struggle with content. 37% say it’s hard to come up with engaging ideas for posts, and another 33% don’t have enough time to create and post regularly. Even when content is shared, converting engagement into sales remains difficult—51% say they have trouble converting followers into customers, and 54% can’t reach the right audience.

    “At GoDaddy, we realize how much potential entrepreneurs have—and we also understand how hard it is to turn online effort into real growth,” said Selina Bieber, Vice President of International Markets at GoDaddy. “That’s why we’re focused on giving them smart, easy tools like Show in Bio (https://apo-opa.co/4lzcLPc) that can help turn social engagement into actual sales, without adding more work.”

    These hurdles show that while social media is essential, it’s not easy. Entrepreneurs need smarter tools and support to turn digital activity into real business growth.

    The Rise of Digital-First Small Businesses

    Running a business today means going beyond a physical store. While 31% of small businesses still work mainly from a physical location, the online world is catching up with 19% now run their business primarily through their own website. Another 28% operate mostly on social media.

    Sales channels also reflect this shift. Though 36% sell in person, 18% use online stores or marketplaces, and another 31% sell directly through social media.

    This mix of physical and digital approaches shows that small businesses are finding new ways to meet customers—whether in-store, online, or on social media. The ability to combine different methods indicates a significant evolution in business’ ability to adapt to customers’ needs and preferences.

    The Need for Smarter Tools and AI Support

    As entrepreneurs go digital, many know exactly what would help them sell on social. More than half (59%) say they need better ways to reach the right audience, almost half (48%) want simpler tools for creating and posting content, and over a third (39%) want insights into what is working and is not, highlighting a clear demand for practical, time-saving solutions.

    The Opportunity Ahead

    As more small businesses move online, the need for effective tools and support continues to grow. GoDaddy is committed to helping entrepreneurs succeed with easy-to-use solutions like Show in Bio (https://apo-opa.co/4lzcLPc), GoDaddy Studio (https://apo-opa.co/3GwhNgA), and GoDaddy Airo® (https://apo-opa.co/3TrhKFF) all designed to simplify digital marketing and turn engagement into real results.

    Distributed by APO Group on behalf of GoDaddy.

    About GoDaddy:
    GoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo®, the company’s AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy’s expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com.

    MIL OSI Africa –

  • MIL-OSI Africa: C20 initiative makes progress ahead of G20 Summit

    Source: Government of South Africa

    Chairperson of the Civil 20 (C20) Thulani Tshefuta says from December 2024 to date, they have managed to register more than 1 900 organisations that participate in C20 structures and processes.

    “These organisations are drawn from South Africa, the African continent and the rest of the world,” Tshefuta said at a media briefing in Pretoria on Monday.

    The briefing was held to update media on the state of readiness to deliver the C20 Policy Pack ahead of the Group of 20 (G20) Summit in November 2025.

    The global C20 initiative serves as a vital platform for civil society engagement with the G20. Established in 2013, C20 advocates for the inclusion of diverse voices in shaping the decisions that affect communities worldwide.

    C20 South Africa is led by a network of national apex organisations that represent a broad range of sectors and activism including youth, women, the disabled, civics, cooperatives, the informal sector, traditional leaders, faith-based organisations, coalitions and campaigns, social movements, NPO/NGO networks and Issue-based formations

    Tshefuta said C20 South Africa convened a successful Mid-Term Policy Dialogue on 22 – 24 June 2025 in Sandton and was attended by more than 300 delegates in person, while an additional 1 800 delegates attended virtually in South Africa, Africa and other G20 countries.

    “The outcomes of our deliberations and policy proposals were presented to the G20 Mid-Term Sherpa Meeting that was held on 25 – 27 June 2025 in Sun City,” Tshefuta said.

    He explained that C20 member organisations are apex organisations, national organisations, medium sized organisations, grassroots and community-based formations.

    “The substantive work of C20 is organised into six clusters and 14 working groups in line with government working groups.” 

    Tshefuta said the essence of the theme of the South African G20 Presidency — Solidarity, Equality and Sustainability — is about co-existence, collaborations and partnerships.

    “You cannot be in solidarity with yourself. You cannot be equal to yourself. Measures of sustainability outlive oneself. This further suggests that as social partners, we can play different but complementary roles.

    “The G20 Presidency of South Africa has committed to promote a people-centred, development-oriented G20 that fosters inclusive economic transformation rather than economic dominance by a few.” 

    Tshefuta said education and health are the two most important public services whose access to good quality services should never depend on social status, and level of income and affordability.

    “The governments and the social partners must foster better strategic policy alignment between the macro-economic policies, employment and labour market policies, sectoral economic policies and skills development policies.” 

    Tshifuta further said economic policies must be inclusive and job-rich.

    “Skills development policies must respond to the labour market demands. We recommend that the G20 Summit and outcome document must prioritise policies, programmes and budgets to promote massive Youth Employment.

    “Developing economies must be given space for debt relief and cancellation in order to redirect debt service costs towards productive economic activities,” he said. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Africa: Campaign to plant trees and help mitigate effects of climate change

    Source: Government of South Africa

    With the country bearing the brunt of climate change and the resultant devastation it causes in communities and economies, the Department of Forestry, Fisheries and the Environment has launched the One Million Trees campaign.

    “We have witnessed fires, deadly heatwaves, heavy rains, floods, and prolonged droughts. These events underscore our shared vulnerability, but also our shared responsibility to act, to adapt, and to do so in a way that leaves no one behind. 

    “Tree planting is one of the mitigating factors that are recommended to slow down this environmental threat. It is for this reason that the department is pursuing the coordination and implementation of the National Greening Programme,” said Deputy Minister of Forestry, Fisheries and the Environment Bernice Swarts.

    Speaking on Monday at the Pretoria National Botanical Garden, Swarts said to ensure that South Africans benefit from the National Greening Programme, President Cyril Ramaphosa directed that 10 million trees, comprised of 60 percent fruit and 40 percent indigenous, be planted in the country over a period of five years, ending in 2026. 

    The initiative, which links to goal 13 of Sustainable Development Goals, is a clarion call to South Africans from all walks of life to participate and contribute towards the greening of the country. 

    The Deputy Minister put forth a challenge to plant one million trees in a single day – on 24 September 2025 during Heritage Day – while celebrating Arbour Month. 

    “We are calling on all South Africans to join hands in greening our country. This is an all of society campaign which calls on collaboration by government departments, municipalities, civil society organisations, non-government organisations, corporates, students and learners, churches and the public at large to plant at least one million trees for the benefit of our country.

    “I have started conversations with different role players, and it came as a surprise when I saw the response. Some were asking “what can we assist with” – “how can we be part of this” – and so on. In no time, we had already amassed a lot of support – most have responded positively, though we are in the process of tallying commitments and pledges in this regard.”

     She said the greening programme was taking place at a time when the environment of the country and indeed the entire Africa was counting the cost of climate change, and drastic measures are urgently needed for a swift recovery. 

    “South Africa’s G20 Presidency’s Environment and Climate Sustainability Working Group prioritisation of Land degradation, desertification and drought highlights their direct threat to economies, food security, and sustainable development. Planting trees helps to combat these phenomena.” – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Africa: Minister garners support for upcoming Water Summit 

    Source: Government of South Africa

    Water and Sanitation Minister Pemmy Majodina has mobilised the Committee of Ministers to support the upcoming Africa Water Investment Summit that will be held in August.

    This as she concluded her participation in the 43rd Southern African Development Community (SADC) Joint Meeting of Committee of Ministers responsible for Energy and Water held in Harare, Zimbabwe.

    The meeting was held from 3 -4 July 2025.

    “During day two of the joint meeting, which focused mainly on water issues, Minister Majodina used the platform to mobilise the Committee of Ministers to support the upcoming Africa Water Investment Summit that will be co-hosted by South Africa and the African Union- Continental Africa Water Investment Programme (AU-AIP) in the context of South Africa’s G20 Presidency, on 13- 15 August 2025,” said the Minister.

    According to the Department of Water and Sanitation (DWS), the summit seeks to mobilise financial investment for bankable water and sanitation infrastructure projects around the continent.

    The DWS said Africa faces a US$30 billion (around ±R528 billion) annual water investment gap and the summit will mobilise investments in climate-resilient water and sanitation projects, ensuring water security, economic growth, and sustainable development across the continent.

    “We think that from that summit, we will have a concrete plan. As a continent, we must start being serious and start ringfencing budgets to fund our water infrastructure as well as energy. No country, region nor continent can survive without putting water and electricity as the catalyst for economic growth,” said Majodina.

    This as the regional water sector is experiencing infrastructure challenges as a result of growing populations and lack of adequate infrastructure development due to financial investment gap.

    The AU-AIP Africa Water Investment Summit’s key objectives are to: 
    •    mobilise financial commitments towards Africa’s water investment needs; 
    •    advocate for improved access to finance for water and sanitation projects; 
    •     strengthen governance and accountability in the water sector; 
    •    showcase a pipeline of investment-ready projects to funders and investors; and 
    •    promote legal and regulatory reforms to enhance water investments. 
    The SADC Joint Meeting of Ministers is a critical platform for member states to engage on issues to enhance regional collaboration in the energy and water sectors.

    “Minister Majodina engaged with fellow Ministers from across the region on critical issues related to the management of shared water resources and transboundary programmes and projects that are led by the River Basin Organisations and Shared Water Institutions, and on the delivery of regional water projects aimed at improving water and sanitation services in the SADC member states; as well as the status of implementation of previous decisions taken during the 42nd joint meeting held in May last year.”

    South Africa shares transboundary water projects with its neighbouring countries including the Lesotho/Botswana water transfer; Beitbridge/Musina integrated water supply scheme; the Catuane Matutuine groundwater project in Maputo.

    Majodina attended the 43rd SADC Joint Meeting of Committee of Ministers responsible for Energy and Water with Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa whose portfolio is part SADC Committee on Water and Energy.

    The SADC Ministers of Water and Energy Committee are a decision-making body that adopts decisions on regional policies and programmes that are implemented in the entire 16 SADC Member states, both at regional and national level, and Ministers responsible for energy and water direct the regional energy as well as water and sanitation agenda. -SAnews.gov.za
     

    MIL OSI Africa –

  • MIL-OSI Banking: Fannie Mae Publishes June 2025 National Housing Survey Results

    Source: Fannie Mae

    Follow Fannie Mae
    fanniemae.com 

    Media Contact
    Matthew Classick
    202-752-3662

    Fannie Mae Newsroom
    https://www.fanniemae.com/news

    Photo of Fannie Mae
    https://www.fanniemae.com/resources/img/about-fm/fm-building.tif

    Fannie Mae Resource Center
    1-800-2FANNIE

    Opinions, analyses, estimates, forecasts, beliefs, and other views of Fannie Mae’s Economic and Strategic Research (ESR) Group or survey respondents included in these materials should not be construed as indicating Fannie Mae’s business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR Group bases its opinions, analyses, estimates, forecasts, beliefs, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current, or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, beliefs, and other views published by the ESR Group represent the views of that group or survey respondents as of the date indicated and do not necessarily represent the views of Fannie Mae or its management.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Samsung Introduces Future-Ready Mobile Security for Personalised AI Experiences

    Source: Samsung

     
     
    Samsung Electronics Co., Ltd. today announced a new set of security and privacy updates rolling out with its upcoming Samsung Galaxy smartphones with One UI 8. These updates reinforce Samsung’s commitment to delivering powerful, trusted mobile technology in a rapidly evolving digital world by introducing new protections for on-device AI, expanding cross-device threat detection and enhancing network security with quantum-resistant encryption.
     
    Next -Generation Mobile Security For AI Personalisation
    Samsung is introducing Knox Enhanced Encrypted Protection, [1] a new architecture designed to safeguard the next generation of personalised, AI-powered features, as its latest innovation in mobile security. KEEP creates encrypted, app-specific storage environments within the device’s secure storage area, ensuring that each app can access only its own sensitive information and nothing more.
     
    Supporting Galaxy’s Personal Data Engine (PDE),[2] KEEP helps secure a user’s deeply personal insights – such as routines and preferences – that enable features like Now Brief and Smart Gallery search. These insights stay entirely on-device, protected by KEEP and further secured by Knox Vault, Samsung’s tamper-resistant hardware security environment. The result is a seamless foundation for Galaxy AI that delivers personalised intelligence while keeping data tightly contained and under the user’s control.
     
    KEEP’s system-level structure allows it to scale across Galaxy AI innovations. In addition to PDE, it now protects Now Brief, Smart Suggestions and other on-device features that rely on user-specific inputs – enabling more advanced AI experiences without compromising privacy. With KEEP, Samsung is redefining how mobile devices safeguard data in the background to elevate privacy from a setting to an embedded design principle.
     
    Smarter, More Connected Threat Response with Knox Matrix
    As AI becomes more integrated across the ecosystem, Samsung is advancing protections that offer not just stronger security, but greater transparency and control for users, with Knox Matrix leading the way. Through One UI 8, Samsung is evolving Knox Matrix to deliver more proactive and user-friendly protection for connected Galaxy devices. When a device is flagged for serious risk – such as system manipulation or identity forgery – it is designed to automatically sign out of the Samsung Account, cutting off access to cloud-connected services to prevent threats from spreading.[3]
     
    Users are notified across their connected Galaxy devices and guided to the ‘Security status of your devices’ page, where they can review the issue and take action. Even devices without the latest security status updates trigger a yellow-level warning, helping users respond before vulnerabilities grow.
     
    Together, these updates make Samsung Galaxy’s ecosystem-level protection more dynamic, intuitive and visible, empowering users to maintain trust across all their devices with more confidence and clarity.
     
    Secure Wi-Fi Strengthened with Quantum-Resistant Encryption
    In continuation of its commitment to quantum-safe security, Samsung is bringing post-quantum cryptography to Secure Wi-Fi,[4]extending the trusted approach first introduced on the Galaxy S25 series through Post-Quantum Enhanced Data Protection (EDP). Secure Wi-Fi is now being upgraded with a new cryptographic framework[5] designed to strengthen network protection against emerging threats, particularly those anticipated in the era of quantum computing. This enhancement secures the key exchange process at the core of encrypted connections, helping ensure robust privacy even over public networks.
     
    Quantum computing, once fully realised, could undermine many of today’s data protection methods. By integrating post-quantum cryptography, Secure Wi-Fi is built to withstand future attacks that capture encrypted data with the intent to break it once quantum technology matures – a tactic known as “harvest now, decrypt later.” This upgrade fortifies the secure tunnel between Galaxy devices and Samsung servers, reinforcing the integrity of data transmissions in high-risk environments like public Wi-Fi.
     
    In addition to this future-ready foundation, Secure Wi-Fi offers a suite of advanced privacy features:
     

    Auto Protect: Automatically activates in public places like cafés, airports or hotels, securing Wi-Fi connections without requiring user action.
    Enhanced Privacy Protection (EPP): Encrypts internet traffic and routes it through multiple layers, combining packet encryption and relay to anonymise device information and help prevent tracking.
    Protection Activity: Provides visibility into protection history by showing which apps and networks were secured and how much data was encrypted over time.

     
    A Trusted Platform with Built-In Safeguards
    In addition to its latest innovations, Samsung continues to strengthen the core protections that underpin the Galaxy experience. These features reflect a multi-layered security approach that protects across hardware and software, while giving users greater visibility and control:
     

    Knox Vault secures sensitive credentials such as passwords, PINs and biometrics in a physically isolated environment, helping to keep them protected even if the main operating system is compromised.
    Auto Blocker helps provide defense by default, blocking unauthorised app installs, restricting command-based attacks and mitigating risks from potential zero-click threats.
    Advanced Intelligence Settings gives users the option to turn off online data processing for AI features, so personal information can stay on-device, fully under their control.
    Enhanced Theft Protection helps protect personal data even in high-risk situations such as robbery, using safeguards like Identity Check and Security Delay to prevent unauthorised access.

     
    This latest set of updates reinforces Samsung’s long-standing commitment to mobile security that evolves with innovation. It strengthens on-device privacy for personalised AI with KEEP, expands transparency and user control through Knox Matrix, and introduces quantum-resistant protection to Secure Wi-Fi for a more future-ready Galaxy experience. As new security challenges emerge, Samsung remains focused on delivering safeguards that are built in, always on and ready for what’s next.
     
    [1]Available on Galaxy smartphones and tablets with One UI 8 or later.
    [2]The Personal Data Engine functions when the Personal Data Intelligence menu is on. Analysed data will be deleted once the Personal Data Intelligence menu is turned off.
    [3]Available on Galaxy smartphones and tablets with One UI 8 or later. Availability may vary by model and/or market.
    [4]Secure Wi-Fi offers free protection of up to 1024MB per month for Android OS 13 or later, and 250MB per month for Android OS 12 or earlier versions. Availability details may vary by market or network provider and connectivity is subject to applicable network environments.

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: CAC Annual Report 2024-25

    Source: United Kingdom – Executive Government & Departments

    Press release

    CAC Annual Report 2024-25

    Publication of the CAC’s Annual Report for 2024-25.

    Today the Central Arbitration Committee (CAC) has published its Annual Report for the year ending 31 March 2025. The Report includes reference to the amendments taking place in the Employment Rights Bill that is currently going through the Houses of Parliament which affects Schedule A1 and the new measures heading the CAC’s way. The Report reflects on the decrease in the caseload for trade union recognition applications under Part I of Schedule A1. This decreased from 81 applications last year to 63, a 22% decrease.

    The statistics relating to the CAC’s various jurisdictions are all featured in the Annual Report, with statutory recognition continuing to provide the majority of the workload (63 applications for trade union recognition under Part I of the Schedule).

    When reviewing the average time taken for the conclusion of a Part I statutory recognition case from inception (date the application is received) to conclusion (date of issue of a declaration of recognition or non-recognition), the time taken was 22 weeks, which is slightly higher than the previous year’s figure of 19 weeks.

    The CAC has done exceptionally well in maintaining its high level of customer satisfaction, with 92% of respondents stating their overall satisfaction with the way the CAC handled their case.

    Notes for Editors:

    1. The CAC is a Non-Departmental Public Body (NDPB) resourced by Acas but operating independently.  The CAC’s main role is dealing with requests for trade union recognition and derecognition under the statutory procedures of Schedule A1 to the Trade Union and Labour Relations (Consolidation) Act 1992. Each recognition case is handled by a tripartite panel, with members drawn from employer and union backgrounds and a panel chair (usually a lawyer or senior academic).

    2. The CAC also determines disclosure of information complaints under the Trade Union and Labour Relations (Consolidation) Act 1992 (Section 183) and deals with disputes under the Regulations relating to the European Works Councils. It also handles applications and complaints under the Information and Consultation Regulations 2004. In addition, it provides voluntary arbitration in collective employment relations disputes, although this role has not been required for some years.

    3. The CAC Chair is Stephen Redmond.

    4. Details of applications received by the CAC, decisions taken, and forthcoming hearings, can be found on the CAC’s website www.cac.gov.uk.

    Central Arbitration Committee

    PO Box 80600, London, E15 9JX

    0330 109 3610

    Updates to this page

    Published 7 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: RAF personnel to benefit from new SLA accommodation at Cosford

    Source: United Kingdom – Executive Government & Departments

    News story

    RAF personnel to benefit from new SLA accommodation at Cosford

    50 new SLA bedspaces will be created at RAF Cosford as part of a £12 million contract.

    RAF Cosford Station Commander Penny Brady with representatives from DIO, Reds10 and Arcadis. MOD Crown Copyright.

    Construction has started on a new 50-bedroom Single Living Accommodation (SLA) block at RAF Cosford in Shropshire.  

    The Defence Infrastructure Organisation (DIO) awarded a £12 million contract to modular construction specialist Reds10 and the start of work was marked at a recent groundbreaking ceremony. The contract was awarded through the £1 billion Single Living Accommodation – Programmatic Approach framework alliance, which will see thousands of new bedspaces created for Armed Forces personnel. 

    The accommodation will provide 50 en-suite bedrooms, as well as kitchenettes, communal space, equipment storage and laundry facilities. Sustainability has been central in the design of the block, featuring air source heat pumps for heating and hot water, photovoltaic panels and a SMART building management system to ensure optimal efficiency. While the project will not be the new SLA common design, lessons will continue to be learned from this and other projects to ensure the needs of service personnel are met, while also aiming to achieve the requirements of the Government’s Net Zero Strategy.  

    This project will not only improve service life for personnel but will also benefit local businesses. Over £120,000 has already been spent with local suppliers and the project team will continue to maximise opportunities to support the local community as the project progresses.   

    The project is one of the first to be delivered under the £1 billion SLA Alliance, which will run for six years and will see 16,000 new bedspaces built. It forms part of wider plans to build or refurbish 40,000 SLA bedspaces over the next 10 years, improving living conditions for service personnel.

    Peter Shaw, Project Manager for DIO Major Programmes and Projects, said: 

    I am very excited to see spades in the ground and construction officially starting on this project to improve accommodation for personnel based at RAF Cosford. We are looking forward to delivering this project as part of the SLA Programmatic Approach, which will ensure we can safely build consistent accommodation blocks faster, while also driving greater value for money.

    Wing Commander Penny Brade, Station Commander at RAF Cosford, said:  

    RAF Cosford has continued to grow in recent years. When complete, the new Officers’ Mess annex will have a hugely positive impact on those commissioned personnel living on the Station, and those who visit for courses and conferences.

    Phil Cook, Managing Director – Defence for Reds10, said: 

    We’re proud to be delivering the first project to complete under the SLA Alliance at RAF Cosford; a significant milestone in transforming how accommodation for service personnel is delivered across the MOD estate. By combining our expertise in industrialised construction with a strong, collaborative relationship with DIO, we’re helping to set a new benchmark for quality, sustainability and speed of delivery, ensuring those serving our country have the high-quality living environments they deserve. 

    Construction is now underway at the site and is expected to be completed by July 2026. 

    Updates to this page

    Published 7 July 2025

    MIL OSI United Kingdom –

  • Wiaan Mulder hits fifth highest test score but turns down chance to go for Brian Lara’s record

    Source: Government of India

    Source: Government of India (4)

    South Africa’s stand-in captain Wiaan Mulder scored the fifth highest test score of 367 not out against Zimbabwe on Monday but then declared his side’s innings despite being only 34 runs away from the record for the most runs in a test innings.

    Mulder, leading the side for the first time as a depleted team take on their neighbours in a two-test series at Bulawayo’s Queens Sports Club, hit 53 boundaries (49 fours and four sixes) in his knock to see South Africa to 626-5 at lunch on the second day of the second test.

    With plenty of time still left in the test, it was expected he would bat into the second session to chase down Brian Lara’s 21-year-old record of 400 not out for the West Indies against England in Antigua but Mulder turned down the chance and declared at lunch, to put Zimbabwe into bat.

    The 27-year-old all-rounder had come in at No. 3 with South Africa on 24-2 after being put into bat on the opening day on Sunday and was 264 not out at the close as he rallied his side to finish the day on 465-4.

    He had a fortunate break when on 247 he was bowled, only for a no ball to be called as Tanaka Chivanga had overstepped.

    But the rest of Mulder’s impressive innings was chanceless as he brought up his 300 in Monday’s morning session, off 297 balls for the second fastest triple century in test cricket.

    He then passed Hashim Amla’s record test score for a South African of 311 not out against England at the Oval in 2012 and got to 350 in 324 balls before going to lunch 367 not out.

    It put him fifth in the all-time list, ahead of the likes of fellow triple centurions Gary Sobers and Donald Bradman, and behind Lara (400 not out and 375), Australian Matthew Hayden (380) and Sri Lanka’s Mahela Jayawardene, who hit 374 against South Africa in Colombo in 2006.

    -Reuters

  • MIL-OSI Russia: Architect’s Day

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering –

    An important disclaimer is at the bottom of this article.

    Now Russian architects have their own professional holiday, which will be celebrated annually on July 7.

    The decree on including the holiday in the calendar of Russian significant dates was signed by the head of government Mikhail Mishustin in March of this year.

    Previously, Russia celebrated only World Architecture Day, established by the International Union of Architects in 1985 and celebrated on the first Monday of October. Now we have our own holiday, which will become another reason to celebrate the achievements and successes of Russian architects.

    We congratulate all current and future architects on this holiday! We wish you more inspiration, creative power and persistence to implement your projects!

    Read the interview with the head of the Department of Architectural Design, Acting Dean of the Faculty of Architecture of SPbGASU, published in Rossiyskaya Gazeta Andrey Surovenkov

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

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Architect’s Day

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering –

    An important disclaimer is at the bottom of this article.

    Now Russian architects have their own professional holiday, which will be celebrated annually on July 7.

    The decree on including the holiday in the calendar of Russian significant dates was signed by the head of government Mikhail Mishustin in March of this year.

    Previously, Russia celebrated only World Architecture Day, established by the International Union of Architects in 1985 and celebrated on the first Monday of October. Now we have our own holiday, which will become another reason to celebrate the achievements and successes of Russian architects.

    We congratulate all current and future architects on this holiday! We wish you more inspiration, creative power and persistence to implement your projects!

    Read the interview with the head of the Department of Architectural Design, Acting Dean of the Faculty of Architecture of SPbGASU, published in Rossiyskaya Gazeta Andrey Surovenkov

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

    .

    MIL OSI Russia News –

  • MIL-OSI Canada: Procurement Ombud to hold a press conference on Top 5 solutions to improve federal procurement

    Source: Government of Canada News

    Ottawa, July 7, 2025

    Members of the media are invited to join the Procurement Ombud, Alexander Jeglic, for a press conference on his report, Time for Solutions: Top 5 Foundational Changes Needed in Federal Procurement, which presents key recommendations to address long-standing challenges in federal procurement.

    Mr. Jeglic will be available to answer questions from the media following his remarks.

    Press conference

    Event: Hybrid (In-person and virtual)
    Date: Tuesday, July 8, 2025
    Time: 10:00 a.m. EDT
    Location: National Press Theatre, 180 Wellington Street, Room 325, Ottawa, Ontario

     

    Notes for media:

    • Media representatives interested in receiving an embargoed copy of the report are invited to contact our office.
    • Only accredited members of the Press Gallery may participate in the question-and-answer portion of this event, which will be done in person and via Zoom. Media who are not members of the Press Gallery may contact pressres2@parl.gc.ca for temporary access.

    MIL OSI Canada News –

  • MIL-OSI Canada: Minister Anand to travel to Japan and Malaysia to strengthen Indo-Pacific partnerships

    Source: Government of Canada News

    July 7, 2025 – Ottawa, Ontario – Global Affairs Canada

    The Honourable Anita Anand, Minister of Foreign Affairs, today announced that she will visit Japan and Malaysia this week to deepen Canada’s strategic partnerships in the Indo-Pacific region, which play a critical role in shaping Canada’s future.

    In Tokyo, Minister Anand will meet with Japan’s Minister for Foreign Affairs Iwaya Takeshi to strengthen Canada’s trade and defence cooperation and advance shared security and prosperity interests.

    Minister Anand will work to advance the Canada-Japan Security of Information Agreement, which will deepen defence and security collaboration between the 2 countries. This agreement builds on Canada’s strong bilateral relationship with Japan, an influential strategic and economic partner in the Indo-Pacific region. 

    On July 10, Minister Anand will participate in the Association of Southeast Asian Nations (ASEAN) Post Ministerial Conference Plus Canada in Kuala Lumpur, Malaysia. This meeting brings together the 10 ASEAN member states and Canada to highlight progress made through the ASEAN-Canada Strategic Partnership. The meeting will be an opportunity to find new ways to advance shared interests, including economic and security priorities.

    After the conference, Minister Anand will speak with ASEAN and Canadian trade negotiators, as well as business representatives to highlight Canada’s commitment to concluding an ASEAN-Canada free trade agreement. This agreement would bolster trade and investment and give Canadian businesses preferential access to new markets in the region.

    On July 11, Minister Anand will attend the 32nd ASEAN Regional Forum (ARF) where she will discuss pressing regional and global security challenges, such as the crisis in Myanmar, tensions in the East and South China Seas, North Korea-Russia military cooperation and growing insecurity in the Middle East. She will also reaffirm Canada’s steadfast commitment to ASEAN as a reliable, engaged and enduring security partner in the region.

    While in Kuala Lumpur, Minister Anand will also hold bilateral meetings with several counterparts to advance bilateral opportunities and mutual objectives. This visit will demonstrate Canada’s commitment to continue strengthening ties with those in the Indo-Pacific, in line with the Indo-Pacific Strategy (IPS). 

    MIL OSI Canada News –

  • MIL-OSI Europe: AMERICA/USA – The religious connotations of the “Gaza Humanitarian Foundation”

    Source: Agenzia Fides – MIL OSI

    youtube

    Rome (Agenzia Fides) – The Gaza Humanitarian Foundation (GHF), an organization responsible for distributing food to the population of Gaza, has been led since June 3 by evangelical preacher Johnnie Moore Jr., considered by Newsmax Magazine as “one of the 25 most influential evangelical leaders in the United States.”Moore replaces Jake Wood, a former Marine who resigned as executive director of the GHF, claiming that he “could not carry out the aid project in strict compliance with the humanitarian principles of solidarity, neutrality, impartiality, and independence, which I am not prepared to renounce.” This was not the only defection affecting the foundation, created in February 2025 in the US state of Delaware. Its headquarters in Geneva, which existed only formally, was dissolved at the end of June by the Swiss authorities. The Boston Consulting Group also publicly distanced itself from the project, noting in a statement that, in October 2024, some of its employees had volunteered to organize a team to create a humanitarian aid structure for Gaza, “without disclosing the full nature of the work and subsequently performing unauthorized tasks.” These individuals subsequently left the company.The arrival of Johnnie Moore Jr. accentuates the involvement of American evangelical communities close to Israel in the management of the Gaza Humanitarian Foundation (GHF). Moore, President of the Congress of Christian Leaders, serves on the Board of Directors of the International Fellowship of Christians and Jews (IFCJ), which presents itself as “the leading nonprofit organization building bridges between Christians and Jews, blessing Israel and the Jewish people worldwide with humanitarian care and lifesaving aid.” Among its activities, the IFCJ assists Israeli soldiers with vouchers for food, clothing, furniture, and other essential items, as well as programs to support former soldiers, vulnerable soldiers, and “lone soldiers” (people who immigrate to Israel to enlist in the military and have no family in the country).Above all, the IFCJ promotes Jewish immigration to Israel as a “fulfillment of biblical prophecy.” According to its website, they state, “We have contributed to the fulfillment of prophecy by helping more than 760,000 Jews make aliyah, immigrate to Israel, since 1983.” Moore is also a member of the Anti-Defamation League’s Task Force for Minorities in the Middle East, the organization founded in 1913 to combat anti-Semitism in the United States.Presenting himself as a defender of religious freedom, Moore spoke out during the rise of the Islamic State (ISIS) regarding the plight of Christian and Yazidi minorities persecuted by jihadists. The current leader of the Gaza Humanitarian Foundation (GHF) has been very active in the Middle East for years, where he has held meetings with political and religious leaders, including the crown princes of Saudi Arabia and the United Arab Emirates, as well as with Israeli Prime Minister Benjamin Netanyahu. Moore claims to have been actively involved in the signing of the “Abraham Accords,” the strategic pacts between Israel and some Arab states promoted under the aegis of the first Trump administration (2017-2021). His relationship with the current US president dates back to the 2016 election campaign, when Moore served as co-chair of Donald Trump’s evangelical advisory board. The following year, Moore and other evangelical leaders pressured Trump to move the US embassy from Tel Aviv to Jerusalem. Trump subsequently appointed Moore to the US Commission on International Religious Freedom.The opaque nature of the Gaza Humanitarian Foundation’s (GHF) funds has sparked controversy even within Israel. Opposition leader Yair Lapid has called the foundation a “shell company” covertly funded by the Israeli government itself. Lapid has used the same definition for another US organization working in Gaza with the GHF: Safe Reach Solutions (SRS). This company, along with UG Solutions (run by a former US Green Beret), has been commissioned by the GHF to provide armed protection for food distribution centers in Gaza. In practice, these are armed contractors who, according to the Israeli press, have been operating in Gaza since January 2025 without the supervision of the Shin Bet, the Israeli security service that also operates in the Palestinian territories. SRS is headed by Phil Reilly, a former CIA officer. Safe Reach Solutions (SRS) was incorporated in the state of Wyoming on November 20, 2024, and is believed to be linked to the American strategic consulting firm Orbis Operations. In the fall of 2024, the Israeli government commissioned Orbis to design a plan to distribute humanitarian aid in Gaza without going through UN agencies. The plan presented by Orbis envisioned the creation of a food distribution center managed by a private humanitarian organization, entrusting its security to private contractors in coordination with the Israeli army. This is the plan ultimately adopted by the Gaza Humanitarian Foundation (GHF) and the two contracting companies, SRS and UG Solutions.According to UN estimates, since the start of GHF operations in Gaza, more than 580 civilians have been killed and more than 4,000 injured in the foundation’s aid distribution centers. (L.M.) (Agenzia Fides, 7/7/2025)
    Share:

    MIL OSI Europe News –

  • MIL-OSI Europe: ASIA/NEPAL – New School Law: Catholics demand guarantee of the right to education

    Source: Agenzia Fides – MIL OSI

    St Xavier School, Nepal

    Kathmandu (Agenzia Fides) – Nepal’s new education law, currently being approved, has sparked intense public debate and protests by teachers. The Nepal Teachers’ Federation has threatened to launch a fresh protest if the School Education Bill is not endorsed within a week. The bill, with 163 sections, had received more than 1,700 amendments. It took one and a half months of rigorous discussions for the panel to reach a conclusion. However, the federation has said the revised version is more regressive than the original bill that was registered in Parliament in September 2023.The Minister of Education has stated that the government has allocated 211 billion rupees to the education sector for next year and plans to include private schools under state regulation. Teachers are demanding fair wages, job security, and better working conditions, with one priority objective: guaranteeing the right to education for all children. Despite the Nepalese Constitution recognizes this right, problems such as poverty, social exclusion, gender discrimination, outdated teaching methods, and inadequate infrastructure persist. “Despite the progress made, challenges such as poverty, social exclusion, and gender bias continue to compromise children’s access to education,” Father Pius Perumana, a priest of the Apostolic Vicariate of Nepal, the ecclesiastical district that covers the entire country, told Fides. “One of the issues at stake,” he notes, “is the effort to ensure that private schools are exclusively profit-oriented, which, in my opinion, is a good measure. The main problem in Nepal is how to make the right to education accessible to children even in the most remote corners of the country,” he emphasizes. Nepal is home to 11.5 million children out of a population of 33 million, and nearly one million are orphans. Children aged 0 to 14 represent 39% of the population, with 3.5 million of them being of school age (8-12 years). The 2015 Constitution guarantees free and compulsory education up to the primary level (grades 1-8) and free education up to the secondary level (grades 9-12). This right has been strengthened by the Free and Compulsory Education Act, which includes marginalized groups such as Dalit children and children with disabilities. According to the Statistical Yearbook of the Catholic Church (data as of December 31, 2023), the Apostolic Vicariate of Nepal, which has a community of 8,000 Catholics, operates, with the support of religious orders, 24 kindergartens (1,300 children), 29 primary schools (more than 13,000 students), and 25 secondary schools with 25,000 students of different ethnicities and religions, actively contributing to the right to education in the country. (PA) (Agenzia Fides, 7/72025)
    Share:

    MIL OSI Europe News –

  • MIL-OSI: SAIC Announces Government Risk Reduction Effort Offering for No-Fail Mission Environments with ServiceNow

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., July 07, 2025 (GLOBE NEWSWIRE) — Science Applications International Corp. (NASDAQ: SAIC) announced a strategic collaboration with ServiceNow for a new government risk reduction effort (RRE) offering for mission operations. The new offering will integrate into SAIC’s mission labs to help U.S. armed forces, intelligence and civilian agencies shift their IT risk efforts from a reactive function to autonomous resilience and no-fail mission environments.

    By leveraging the innovation of the ServiceNow AI Platform and integrating it directly into SAIC’s mission labs – collaborative, hands-on environments to design, test and validate solutions against real-world mission scenarios – the two companies are delivering real-time intelligence for decision-making, issue prediction and process automation to drive a critical future of zero outages, downtime or incidents. A pillar of the partnership is enabling customers to directly work with both companies to rapidly develop, test and seamlessly deploy secure, outcome-based IT services – ensuring a faster delivery of capabilities and tools that are scalable to meet today’s demands while anticipating tomorrow’s challenges. 

    “Our collaboration with ServiceNow is focused on bringing commercial grade technology, including agentic AI, that unlock efficiencies to the government,” said Josh Jackson, SAIC executive vice president of Army Business Group. “By combining our mission integration approach with ServiceNow’s innovative AI platform, we’re equipping agencies with the tools they need to accelerate modernization and provide positive user experiences.”

    “By working with SAIC we can deliver transformative solutions to the Army and broader defense and government community by accelerating mission success through innovation, automation and a focused effort to reduce technical debt. Together, with ServiceNow’s AI Platform for business transformation and SAIC’s defense expertise, we’re enabling a more agile, efficient and forward-looking digital future in meeting the government’s mission,” said Mark Jones, Director, Army & Mission Commands at ServiceNow.

    As an Elite partner of ServiceNow, SAIC brings proven capability across multiple product lines and mission environments to deliver transformative solutions at an enterprise scale for exceptional customer success within defense, civilian and intelligence markets. SAIC currently leads the largest federal implementation of ServiceNow through its work on the Army Enterprise Service Management Platform (AESMP) to improve Army operations and processes through enhanced Virtual Agent capabilities and demonstrating the company’s ability to operationalize complex, enterprise-scale solutions at the highest levels of government. The company’s collaboration with ServiceNow also offers the U.S. Navy, civilian agencies and state and local governments access to cutting-edge solutions to meet their mission-critical objectives more effectively.

    For more information about this collaboration and how it supports government digital transformation, visit SAIC.com.

    About SAIC 
    SAIC® is a premier Fortune 500 mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

    We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

    Media Contact: 
    Caralyn Duke
    Caralyn.duke@saic.com

    Forward-Looking Statements
    Forward-Looking Statements Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

    The MIL Network –

  • MIL-OSI: SAIC Announces Government Risk Reduction Effort Offering for No-Fail Mission Environments with ServiceNow

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., July 07, 2025 (GLOBE NEWSWIRE) — Science Applications International Corp. (NASDAQ: SAIC) announced a strategic collaboration with ServiceNow for a new government risk reduction effort (RRE) offering for mission operations. The new offering will integrate into SAIC’s mission labs to help U.S. armed forces, intelligence and civilian agencies shift their IT risk efforts from a reactive function to autonomous resilience and no-fail mission environments.

    By leveraging the innovation of the ServiceNow AI Platform and integrating it directly into SAIC’s mission labs – collaborative, hands-on environments to design, test and validate solutions against real-world mission scenarios – the two companies are delivering real-time intelligence for decision-making, issue prediction and process automation to drive a critical future of zero outages, downtime or incidents. A pillar of the partnership is enabling customers to directly work with both companies to rapidly develop, test and seamlessly deploy secure, outcome-based IT services – ensuring a faster delivery of capabilities and tools that are scalable to meet today’s demands while anticipating tomorrow’s challenges. 

    “Our collaboration with ServiceNow is focused on bringing commercial grade technology, including agentic AI, that unlock efficiencies to the government,” said Josh Jackson, SAIC executive vice president of Army Business Group. “By combining our mission integration approach with ServiceNow’s innovative AI platform, we’re equipping agencies with the tools they need to accelerate modernization and provide positive user experiences.”

    “By working with SAIC we can deliver transformative solutions to the Army and broader defense and government community by accelerating mission success through innovation, automation and a focused effort to reduce technical debt. Together, with ServiceNow’s AI Platform for business transformation and SAIC’s defense expertise, we’re enabling a more agile, efficient and forward-looking digital future in meeting the government’s mission,” said Mark Jones, Director, Army & Mission Commands at ServiceNow.

    As an Elite partner of ServiceNow, SAIC brings proven capability across multiple product lines and mission environments to deliver transformative solutions at an enterprise scale for exceptional customer success within defense, civilian and intelligence markets. SAIC currently leads the largest federal implementation of ServiceNow through its work on the Army Enterprise Service Management Platform (AESMP) to improve Army operations and processes through enhanced Virtual Agent capabilities and demonstrating the company’s ability to operationalize complex, enterprise-scale solutions at the highest levels of government. The company’s collaboration with ServiceNow also offers the U.S. Navy, civilian agencies and state and local governments access to cutting-edge solutions to meet their mission-critical objectives more effectively.

    For more information about this collaboration and how it supports government digital transformation, visit SAIC.com.

    About SAIC 
    SAIC® is a premier Fortune 500 mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

    We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

    Media Contact: 
    Caralyn Duke
    Caralyn.duke@saic.com

    Forward-Looking Statements
    Forward-Looking Statements Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

    The MIL Network –

  • MIL-OSI: USDT-TRC20 and PBK Miner redefine crypto mining through stablecoin-powered cloud contracts

    Source: GlobeNewswire (MIL-OSI)

    LONDON, UNITED KINGDOM, July 07, 2025 (GLOBE NEWSWIRE) — Achieve stable passive income through USDT-TRC20 payouts and AI-optimized mining.  No hardware or complicated setup needed.

    In a market where volatility can wipe out gains overnight, a new alliance is reshaping the future of cryptocurrency mining. USDT-TRC20, the world’s leading dollar-backed stablecoin, has partnered with PBK Miner, a pioneer in AI cloud mining, to launch a disruptive solution: the new cloud mining contract not only supports top digital assets such as ETH, XRP, DOGE, USDC, and SOL, but now also allows users to mine and earn returns with USDT-TRC20. This strategic partnership brings investors the long-awaited rewards – secure passive income, zero technical setup, and true protection from price fluctuations.

    Explore cloud mining options compatible with USDT-TRC20 by clicking here.

    Cloud mining is more stable – pay and earn USDT-TRC20 now

    Cloud mining typically faces two challenges: complexity and volatility. PBK Miner’s 100% remote mining platform has solved the technical hurdles. Now, with USDT-TRC20 settled contracts, it also eliminates market risk. This new product allows users to earn daily rewards in USDT-TRC20 – a fully regulated, USD-pegged stablecoin – regardless of the movement of Bitcoin, Ethereum or other altcoins. With a contract period of just 2 days, anyone can start making a profit without having to purchase equipment or take the risk of a price crash.

    Main features of PBK Miner and USDT-TRC20 cloud mining contracts:

    – USDT-TRC20-based payouts: Users can purchase mining contracts with USDT-TRC20 and withdraw earnings in USDT-TRC20, ensuring stable returns that are not affected by market fluctuations.

    – Daily income: Get a fixed daily income during each contract period

    – Various contract terms: tailored to your goals (short-term or long-term)

    – Zero hardware required: mine from any device (mobile and desktop) – no rigs, no technical difficulties

    Flexible mining options for every budget

    PBKMiner offers various contract tiers to make cryptocurrency mining accessible to everyone.  All current tiers accept and process USDT-TRC20 payments and withdrawals. Whether you’re a newcomer looking for passive income or a seasoned miner prioritizing risk management, we have a plan tailored to your needs.

    $10 Contract – 1 Day – Earn $0.60 per day (Free Signup Bonus)

    $100 Contract – 2 Days – Earn $3.50 per day

    $500 Contract – 5 Days – Earn $6.50 per day

    $5,000 Contract – 30 Days – Earn $77.50 per day

    $30,000 Contract – 45 Days – Earn $525.00 per day

    These options allow users to keep their cryptocurrencies active without sacrificing peace of mind – ideal for those who want steady growth while avoiding price chart pressure.

    Click here to explore more mining contracts.

    What is the difference between using PBK Miner for USDT-TRC20 mining?

    – Stability over speculation: Unlike traditional mining rewards that fluctuate wildly, all revenue is distributed in the form of stable USDT-TRC20, allowing for predictable reinvestment and better financial planning.

    – Massive AI Optimization: Advanced algorithms automatically adjust performance to maximize daily returns on supported assets.

    – Instant access, completely remote: Contracts can be activated in seconds, without any hardware. Mining is managed entirely in the cloud. Mining can be done anytime, anywhere, just using a browser or the PBK Miner app, without any equipment or technical expertise required.

    – Capital Protection: At the end of each contract, the entire principal is returned, reducing financial risk and building long-term confidence.

    How to start using PBK Miner’s USDT-TRC20 contract:

    1. Sign up now – get a $10 bonus and start earning daily USDT-TRC20 rewards. (Click here to sign up)
    2. Choose a plan – try a short-term 2-day contract or explore higher-level options.
    3. Start mining– let the AI ??engine handle everything while daily USDT-TRC20 rewards arrive automatically.

    A safer, smarter way to mine in volatile markets

    Since 2019, PBK Miner has enabled users around the world to earn passive cryptocurrency income through advanced cloud mining. With the integration of USDT-TRC20 rewards, the platform now offers unparalleled income stability – combining innovation, automation, and financial security into a seamless solution. Whether mining ETH, DOGE, XRP, BTC, or other currencies, all rewards are now pegged to the US dollar and protected from sudden market drops.

    A spokesperson for PBK Miner (Alison Evans) said: “Our partnership with USDT-TRC20 allows users to mine with peace of mind. It’s not just about earning more, it’s about mining more safely. These contracts combine the best of both worlds: strong mining power and predictable returns.”

    The market may continue to fluctuate, but the returns may not. Visit https://pbkminer.com now to experience a stable and stress-free mining experience.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Media Contact:

    Alison Evans

    PBK Miner

    info@pbkminer.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: USDT-TRC20 and PBK Miner redefine crypto mining through stablecoin-powered cloud contracts

    Source: GlobeNewswire (MIL-OSI)

    LONDON, UNITED KINGDOM, July 07, 2025 (GLOBE NEWSWIRE) — Achieve stable passive income through USDT-TRC20 payouts and AI-optimized mining.  No hardware or complicated setup needed.

    In a market where volatility can wipe out gains overnight, a new alliance is reshaping the future of cryptocurrency mining. USDT-TRC20, the world’s leading dollar-backed stablecoin, has partnered with PBK Miner, a pioneer in AI cloud mining, to launch a disruptive solution: the new cloud mining contract not only supports top digital assets such as ETH, XRP, DOGE, USDC, and SOL, but now also allows users to mine and earn returns with USDT-TRC20. This strategic partnership brings investors the long-awaited rewards – secure passive income, zero technical setup, and true protection from price fluctuations.

    Explore cloud mining options compatible with USDT-TRC20 by clicking here.

    Cloud mining is more stable – pay and earn USDT-TRC20 now

    Cloud mining typically faces two challenges: complexity and volatility. PBK Miner’s 100% remote mining platform has solved the technical hurdles. Now, with USDT-TRC20 settled contracts, it also eliminates market risk. This new product allows users to earn daily rewards in USDT-TRC20 – a fully regulated, USD-pegged stablecoin – regardless of the movement of Bitcoin, Ethereum or other altcoins. With a contract period of just 2 days, anyone can start making a profit without having to purchase equipment or take the risk of a price crash.

    Main features of PBK Miner and USDT-TRC20 cloud mining contracts:

    – USDT-TRC20-based payouts: Users can purchase mining contracts with USDT-TRC20 and withdraw earnings in USDT-TRC20, ensuring stable returns that are not affected by market fluctuations.

    – Daily income: Get a fixed daily income during each contract period

    – Various contract terms: tailored to your goals (short-term or long-term)

    – Zero hardware required: mine from any device (mobile and desktop) – no rigs, no technical difficulties

    Flexible mining options for every budget

    PBKMiner offers various contract tiers to make cryptocurrency mining accessible to everyone.  All current tiers accept and process USDT-TRC20 payments and withdrawals. Whether you’re a newcomer looking for passive income or a seasoned miner prioritizing risk management, we have a plan tailored to your needs.

    $10 Contract – 1 Day – Earn $0.60 per day (Free Signup Bonus)

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    $30,000 Contract – 45 Days – Earn $525.00 per day

    These options allow users to keep their cryptocurrencies active without sacrificing peace of mind – ideal for those who want steady growth while avoiding price chart pressure.

    Click here to explore more mining contracts.

    What is the difference between using PBK Miner for USDT-TRC20 mining?

    – Stability over speculation: Unlike traditional mining rewards that fluctuate wildly, all revenue is distributed in the form of stable USDT-TRC20, allowing for predictable reinvestment and better financial planning.

    – Massive AI Optimization: Advanced algorithms automatically adjust performance to maximize daily returns on supported assets.

    – Instant access, completely remote: Contracts can be activated in seconds, without any hardware. Mining is managed entirely in the cloud. Mining can be done anytime, anywhere, just using a browser or the PBK Miner app, without any equipment or technical expertise required.

    – Capital Protection: At the end of each contract, the entire principal is returned, reducing financial risk and building long-term confidence.

    How to start using PBK Miner’s USDT-TRC20 contract:

    1. Sign up now – get a $10 bonus and start earning daily USDT-TRC20 rewards. (Click here to sign up)
    2. Choose a plan – try a short-term 2-day contract or explore higher-level options.
    3. Start mining– let the AI ??engine handle everything while daily USDT-TRC20 rewards arrive automatically.

    A safer, smarter way to mine in volatile markets

    Since 2019, PBK Miner has enabled users around the world to earn passive cryptocurrency income through advanced cloud mining. With the integration of USDT-TRC20 rewards, the platform now offers unparalleled income stability – combining innovation, automation, and financial security into a seamless solution. Whether mining ETH, DOGE, XRP, BTC, or other currencies, all rewards are now pegged to the US dollar and protected from sudden market drops.

    A spokesperson for PBK Miner (Alison Evans) said: “Our partnership with USDT-TRC20 allows users to mine with peace of mind. It’s not just about earning more, it’s about mining more safely. These contracts combine the best of both worlds: strong mining power and predictable returns.”

    The market may continue to fluctuate, but the returns may not. Visit https://pbkminer.com now to experience a stable and stress-free mining experience.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Media Contact:

    Alison Evans

    PBK Miner

    info@pbkminer.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: Enovix Announces Preliminary Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., July 07, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a global high-performance battery company, today announced preliminary selected unaudited financial results for the second quarter ended June 29, 2025:

    • Revenue was $7.5 million in the second quarter of 2025, exceeding our guidance range of $4.5 million to $6.5 million and nearly doubled from the second quarter of 2024, driven by customer demand across multiple end markets.
    • GAAP Gross Profit was $0.8 million and non-GAAP Gross Profit was $1.2 million, marking our third consecutive quarter of positive gross profit on both a GAAP and non-GAAP basis. This compares favorably to a gross loss of $0.7 million on a GAAP basis and gross loss of $0.6 million on a non-GAAP basis in the second quarter of 2024.
    • GAAP Operating Loss was $43.8 million and non-GAAP Operating Loss was $27.8 million, beating our guidance range of $31 to $37 million and compared to $88.8 million on a GAAP basis and $31.5 million on a non-GAAP basis in the second quarter of 2024.
    • GAAP Net Loss Attributable to Enovix was $43.3 million, improved from the $115.9 million in the second quarter of 2024. Non-GAAP Net Loss Attributable to Enovix was $28.4 million, as compared to the $24.9 million in the second quarter of 2024.
    • Adjusted EBITDA Loss narrowed to $21.4 million, ahead of our guidance range of $23 million to $29 million, and improved from the $26.4 million in the same period a year ago.
    • GAAP net loss per share attributable to Enovix was $0.22 and non-GAAP net loss per share attributable to Enovix was $0.15, at the favorable end of our guidance range of $0.15 to $0.21 per share and compared to $0.67 on a GAAP basis and $0.14 on a non-GAAP basis in the second quarter of 2024.
    • Cash, cash equivalents, and short-term investments were approximately $203 million as of the quarter ended June 29, 2025, after completing the SolarEdge asset acquisition in South Korea and making other capital expenditure payments principally related to Fab2.

    “This marks our fifth straight quarter exceeding the midpoint of guidance for both revenue and adjusted EBITDA,” said Dr. Raj Talluri, Chief Executive Officer. “We’re executing to plan, building momentum, and positioned to scale significantly as our new products and customers come online.”

    Preliminary and unaudited financial results are provided above and below. Final results remain subject to completion of the company’s standard quarter-end close procedures and potential adjustments. Enovix will host its Q2 2025 earnings call and webcast in late July or early August and details will be announced separately.

    About Enovix

    Enovix is on a mission to deliver high-performance batteries that unlock the full potential of technology products. Everything from IoT, mobile, and computing devices, to the vehicle you drive, needs a better battery. Enovix partners with OEMs worldwide to usher in a new era of user experiences. Our innovative, materials-agnostic approach to building a higher performing battery without compromising safety keeps us flexible and on the cutting-edge of battery technology innovation.

    Enovix is headquartered in Silicon Valley with facilities in India, South Korea and Malaysia. For more information visit https://enovix.com and follow us on LinkedIn.

    Non-GAAP Financial Measures

    Non-GAAP Gross Profit, non-GAAP Operating Loss, Adjusted EBITDA, non-GAAP net loss attributable to Enovix, non-GAAP net loss per share, and other non-GAAP measures are intended as supplemental financial measures of our performance that provide an additional tool for investors to use in evaluating ongoing operating results, trends, and in comparing our financial measures with those of comparable companies.

    However, you should be aware that other companies may calculate similar non-GAAP measures differently. Non-GAAP financial measures have limitations, including that they exclude certain expenses that are required under GAAP, which adjustments reflect the exercise of judgment by management. Reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure can be found in the tables at the end of this press release.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or our future financial or operating performance and can be identified by words such as anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, preliminary, project, setting the stage, should, would and similar expressions that convey uncertainty about future events or outcomes. Forward-looking statements in this press release include, without limitation, our expected performance and preliminary financial results for the second quarter of 2025, including, without limitation, with respect to our second quarter 2025 revenue, GAAP and non-GAAP Gross Profit, GAAP and non-GAAP net operating loss, EBITDA and adjusted EBITDA, GAAP and non-GAAP net loss per share attributable to Enovix, and GAAP and non-GAAP earnings per share attributable to Enovix, as well our expectations regarding building momentum, and positioning to scale significantly as our new products and customers come online.

    Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, any adjustments, changes or revisions to our financial results arising from our financial closing procedures and the completion of our financial statements for the second quarter of 2025; our ability to improve energy density, cycle life, fast charging, capacity roll off and gassing metrics among our products; our reliance on new and complex manufacturing processes for our operations; our ability to establish sufficient manufacturing operations and improve and optimize manufacturing processes to meet demand, source materials and establish supply relationships, and secure adequate funds to execute on our operational and strategic goals; our reliance on a manufacturing agreement with a Malaysia-based company for many of the facilities, procurement, personnel and financing needs of our operations; our operation in international markets, including our exposure to operational, financial and regulatory risks, as well as risks relating to geopolitical tensions and conflicts, including changes in trade policies and regulations; that we may be required to pay costs for components and raw materials that are more expensive than anticipated, including as a result of trade barriers, trade sanctions, export restrictions, tariffs, embargoes or shortages and other general economic and political conditions, which could delay the introduction of our products and negatively impact our business; our ability to adequately control the costs associated with our operations and the components necessary to build our lithium-ion battery cells; our lengthy sales cycles; the safety hazards associated with our batteries and the manufacturing process; a concentration of customers in the military market and our dependence on these customer accounts; certain unfavorable terms in our commercial agreements that may limit our ability to market our products; our ability to develop, market and sell our batteries, expectations relating to the performance of our batteries, and market acceptance of our products; our ability to accurately estimate the future supply and demand of our batteries, which could result in a variety of inefficiencies in our business; changes in consumer preferences or demands; changes in industry standards; the impact of technological development and competition; and global economic conditions, including tariffs, inflationary and supply chain pressures, and political, social, and economic instability, including as a result of armed conflict, war or threat of war, or trade and other international disputes that could disrupt supply or delivery of, or demand for, our products. For additional information on these risks and uncertainties and other potential factors that could cause actual results to differ from the results predicted, please refer to our filings with the Securities and Exchange Commission (“SEC”), including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our annual report on Form 10-K and quarterly reports on Form 10-Q and other documents that we have filed, or will file, with the SEC.

    The financial results presented herein are preliminary and based on information known by management as of the date of this press release; final financial results will be included in the Company’s quarterly report on Form 10-Q for the fiscal quarter ended June 29, 2025. As a result, the financial results presented in this press release may change in connection with the finalization of our closing and reporting processes and may not represent the actual financial results for the second quarter ended June 29, 2025. Any forward-looking statements in this press release speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contacts:

    Investors
    Robert Lahey
    ir@enovix.com

    Chief Financial Officer
    Ryan Benton
    ryan.benton@enovix.com

    Reconciliation of Gross Profit to Non-GAAP Gross Profit

    Below is a reconciliation of GAAP gross profit to non-GAAP gross profit (preliminary and unaudited) (in thousands).

        Fiscal Quarters Ended
        June 29, 2025   June 30, 2024
    GAAP gross profit   $         795   $         (655 )
    Stock-based compensation expense             356             95  
    Non-GAAP gross profit   $         1,151   $         (560 )
                   

    Net Loss Attributable to Enovix to Adjusted EBITDA Reconciliation

    While we prepare our consolidated financial statements in accordance with GAAP, we also utilize and present certain financial measures that are not based on GAAP. We refer to these financial measures as “non-GAAP” financial measures. In addition to our financial results determined in accordance with GAAP, we believe that EBITDA and Adjusted EBITDA are useful measures in evaluating its financial and operational performance distinct and apart from financing costs, certain non-cash expenses and non-operational expenses.

    These non-GAAP financial measures should be considered in addition to results prepared in accordance with GAAP but should not be considered a substitute for or superior to GAAP. We endeavor to compensate for the limitation of the non-GAAP financial measures presented by also providing the most directly comparable GAAP measures.

    We use non-GAAP financial information to evaluate our ongoing operations and for internal planning, budgeting and forecasting purposes. We believe that non-GAAP financial information, when taken collectively, may be helpful to investors in assessing its operating performance and comparing its performance with competitors and other comparable companies. You should review the reconciliations below but not rely on any single financial measure to evaluate our business.

    “EBITDA” is defined as earnings (net loss) attributable to Enovix adjusted for interest expense, income tax benefit, depreciation and amortization expense. “Adjusted EBITDA” includes additional adjustments to EBITDA such as stock-based compensation expense, change in fair value of common stock warrants, inventory step-up, impairment of equipment and other special items as determined by management which it does not believe to be indicative of its underlying business trends.

    Below is a reconciliation of net loss attributable to Enovix on a GAAP basis to the non-GAAP EBITDA and Adjusted EBITDA financial measures for the periods presented below (preliminary and unaudited) (in thousands):

      Fiscal Quarters Ended  
      June 29, 2025   June 30, 2024  
    Net loss attributable to Enovix $         (43,347 )   $         (115,872 )  
    Interest income, net           (599 )             (1,635 )  
    Income tax benefit           —                (4,586 )  
    Depreciation and amortization           8,855               5,943    
    EBITDA           (35,091 )             (116,150 )  
    Stock-based compensation expense (1)           14,121               17,932    
    Change in fair value of common stock warrants           5,885               33,660    
    Acquisition cost           663               —     
    Gain on bargain purchase of assets           (6,944 )             —     
    Restructuring cost (1)           —                38,146    
    Adjusted EBITDA $         (21,366 )   $         (26,412 )  

    (1) $1.1 million of stock-based compensation expense is included in the restructuring cost line of the table above for the fiscal quarter ended June 30, 2024.

    Reconciliation of Operating Loss to Non-GAAP Operating Loss and Adjusted EBITDA

    Additionally, below is a reconciliation of GAAP operating loss to non-GAAP operating loss and adjusted EBITDA for the periods presented (preliminary and unaudited) (in thousands).

    These non-GAAP measures may differ from similarly titled measures used by other companies.

      Fiscal Quarters Ended  
      June 29, 2025   June 30, 2024  
             
    GAAP Operating Loss $         (43,750 )   $         (88,750 )  
    Stock-based compensation expense (1)           14,121               17,932    
    Amortization of intangible assets           1,189               1,189    
    Acquisition cost           663               —     
    Restructuring cost (1)           —                38,146    
    Non-GAAP Operating Loss           (27,777 )             (31,483 )  
    Depreciation and amortization (excluding amortization of intangible assets)           7,666               4,754    
    Other income (loss), net           (993 )             242    
    Net loss (income) attributable to non-controlling interest           (261 )             75    
    Adjusted EBITDA $         (21,365 )   $         (26,412 )  

    (1) $1.1 million of stock-based compensation expense is included in the restructuring cost line of the table above for the fiscal quarter ended June 30, 2024.

    Reconciliation of Non-GAAP Net Loss Attributable to Enovix and Non-GAAP Net Loss Per Share Attributable to Enovix

    Below is a reconciliation of GAAP net loss attributable to Enovix to non-GAAP net loss attributable to Enovix for the periods presented (preliminary and unaudited) (in thousands).

    These non-GAAP measures may differ from similarly titled measures used by other companies.

        Fiscal Quarters Ended  
        June 29, 2025   June 30, 2024  
    GAAP net loss attributable to Enovix   $         (43,347 )   $         (115,872 )  
    Stock-based compensation expense (1)             14,121               17,932    
    Change in fair value of common stock warrants             5,885               33,660    
    Amortization of intangible assets             1,189               1,189    
    Acquisition cost             663               —     
    Gain on bargain purchase of assets             (6,944 )             —     
    Restructuring cost (1)             —                38,146    
    Non-GAAP net loss attributable to Enovix shareholders   $         (28,433 )   $         (24,945 )  
               
    GAAP net loss per share attributable to Enovix, basic and diluted   $         (0.22 )   $         (0.67 )  
    GAAP weighted average number of common shares outstanding, basic and diluted             192,675,756               172,399,172    
               
    Non-GAAP net loss per share attributable to Enovix, basic and diluted   $         (0.15 )   $         (0.14 )  
    GAAP weighted average number of common shares outstanding, basic and diluted             192,675,756               172,399,172    

    (1) $1.1 million of stock-based compensation expense is included in the restructuring cost line of the table above for the fiscal quarter ended June 30, 2024.

    The MIL Network –