Category: Americas

  • MIL-OSI USA: PHOTOS: Capito Makes Stops in Kanawha County Focused on Healthcare, Economic Development

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito

    CHARLESTON, W.Va. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), who serves as the Ranking Member of the Senate Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies (Labor-HHS), delivered remarks and met with local leaders at events focused on healthcare and economic development.

    First, Senator Capito delivered remarks at the ribbon cutting ceremony for the new West Virginia University (WVU) Medicine Thomas Orthopedic Hospital. The orthopedic hospital offers inpatient and outpatient surgical units, physical therapy, occupational therapy, as well as six orthopedic, spine, and nerve physician offices.

    “Since the partnership between Thomas Health, WVU Health System, and Saint Francis Hospital, we have seen tremendous growth. The addition of this new orthopedic hospital is an example of that growth,” Senator Capito said. “Partnerships like this mean more doctors, equipment, and staff, additional and specialized services, a stronger network of care, and a stronger community here in Charleston and the Kanawha Valley. With the addition of this new orthopedic hospital, I am confident the entire state of West Virginia will benefit, bringing a new suite of services and care for patients.”

    “We are thrilled to open the doors to our new state-of-the-art orthopedic Hospital serving all of southern West Virginia and the Region. As a member of WVU Medicine, we have worked throughout the last 18 months to transform Thomas Hospitals into a destination to receive advanced orthopedic care serving southern West Virginia and beyond,” Greg Rosencrance, M.D., president and CEO of Thomas Hospitals, said. “I thank Senator Capito for her partnership as we continue our expansion of services for the people of West Virginia.”

    Second, Senator Capito visited the West Virginia Hospital Association’s (WVHA) LEAD (Learn, Excel, Achieve, Deploy) pilot program training for new health care managers. The program aims to create a better pipeline of healthcare leaders for the future.

    “Managers have an important position in the overall success of any organization, including health care organizations,” Senator Capito said. “The skills these participants are learning at the LEAD training program are helpful for keeping health systems running effectively and efficiently, and it also can help with retention. I have no doubt that these trainees will come away as stronger and more confident leaders.”

    Photos from today’s events are below:


    U.S. Senator Shelley Moore Capito (R-W.Va.) at the WVU Medicine Thomas Orthopedic Hospital ribbon cutting ceremony in Charleston, W.Va. on Tuesday, October 29, 2024.

    U.S. Senator Shelley Moore Capito (R-W.Va.) at the WVU Medicine Thomas Orthopedic Hospital ribbon cutting ceremony in Charleston, W.Va. on Tuesday, October 29, 2024.

    U.S. Senator Shelley Moore Capito (R-W.Va.) at the WVHA LEAD pilot program training in Charleston, W.Va. on Tuesday, October 29, 2024.

    MIL OSI USA News

  • MIL-OSI USA: DeLauro Statement on Israel Banning UNRWA

    Source: United States House of Representatives – Congresswoman Rosa DeLauro (CT-03)

    Today, Congresswoman Rosa DeLauro (CT-03) released a statement in response to Israel’s parliament passing legislation to ban the United Nation’s Relief and Works Agency for Palestine Refugees in the Near East (UNRWA):

    “The United Nations Relief and Works Agency (UNRWA) is indispensable in addressing Gaza’s humanitarian crisis, as well as maintaining stability in the West Bank. Israel’s decision to enact legislation to halt UNRWA operations and cease all cooperation is dangerous, short-sighted, and would leave innocent Palestinians even more vulnerable to the devastating impacts of this war. At a time when we are already failing to meet the urgent needs of Gazans, this action further undermines UNRWA, fosters distrust in our international institutions, and fuels animosity toward Israel from its neighbors. This crisis is costing far too many innocent lives, including at least 60 people – mostly women and children – killed in a single strike on Tuesday in northern Gaza. The toll on civilian lives is tragic and underscores the need for uninterrupted humanitarian support.

    “As nearly 2 million Gazans continue to face starvation, this action would intensify an already dire crisis. It further threatens the health of Gazans, interrupting vital healthcare efforts, such as the World Health Organization’s polio vaccination campaign, which depends on UNRWA infrastructure and support and Israeli cooperation. Further destabilized Palestinian communities and friction with the United Nations jeopardizes regional security and isolates Israel globally.

    “UNRWA must be able to continue its lifesaving work. The agency has expressed commitment to working with Israel to ensure that its operations are not used by Hamas.  Our focus should be placed on the proposed reforms laid out in the Colonna Report to ensure the organization’s neutrality in a difficult working environment, not scapegoating a critical humanitarian actor.

    “Achieving peace and stability in the region requires an immediate ceasefire, a dramatic increase in humanitarian aid reaching civilians in need, and the release of the hostages held by Hamas.”

    MIL OSI USA News

  • MIL-OSI USA: Bureau of Ocean Energy Management and DOD Sign Agreement to Bolster Interagency Collaboration on Offshore Wind Development

    Source: United States Department of Defense

    Memorandum of Understanding Strengthens Ongoing Federal Collaboration and Advances the Biden-Harris Administration’s Clean Energy Objectives

    As part of the Biden-Harris administration’s commitment to expand offshore wind opportunities and advance an all-of-government approach to address the climate crisis, the Bureau of Ocean Energy Management (BOEM) today announced a Memorandum of Understanding (MOU) with the Department of Defense (DOD) to support the coordinated development of wind energy generation on the Nation’s Outer Continental Shelf (OCS). Today’s MOU will help further institutionalize the deep collaboration between BOEM and DOD that is ensuring that offshore wind lease areas and project plans strengthen the nation’s energy security in ways that are compatible with military operations.

    Elizabeth Klein, BOEM director and Brendan Owens, assistant secretary of defense for energy, installations, and environment signed the MOU during a ceremony at the Offshore WINDPOWER Conference in Atlantic City, NJ.

    “BOEM is dedicated to establishing a strong offshore wind industry that supports communities and co-exists with other ocean uses,” said BOEM Director Elizabeth Klein. “Our collaboration with the Department of Defense is crucial to ensure offshore wind development is carried out efficiently and sustainably, while minimizing impacts to military operations.”

    “DOD is committed to working across the U.S. government to accelerate the ongoing clean energy transition, which is critical to ensuring access to in order to fulfill our mission,” said Honorable Brendan Owens. “We will continue to work with BOEM and our other interagency partners, to find solutions that enable offshore wind development while ensuring long-term compatibility with testing, training, and operations critical to our military readiness.”

    DOD and BOEM share responsibility for ensuring that offshore wind project plans consider military preparedness requirements. The new MOU will define and clarify the roles and duties of both organizations during leasing and project review. This collaborative approach also includes participating in Intergovernmental Renewable Energy Task Forces.

    The MOU calls for DOD and BOEM to:

    • Find mutual solutions that support renewable energy in a manner compatible with essential military operations.
    • Collaborate as early as possible in the offshore wind leasing process.
    • Regularly communicate and exchange information at the staff and leadership levels.
    • Determine what areas should be deferred from leasing to enable the performance of DOD activities on the OCS.

    The MOU signed today expands on and complements the July 1983 “Memorandum of Agreement Between the Department of Defense and the Department of the Interior on Mutual Concerns on the Outer Continental Shelf” that continues to provide a framework for coordination between the agencies regarding energy development on the OCS.

    DOD and BOEM support the Biden-Harris administration’s goals to address the climate crisis and create good-paying jobs by deploying 30 gigawatts of offshore wind energy capacity by 2030 and 15 gigawatts of floating offshore wind energy capacity by 2035.

    To learn more about the offshore wind leasing process, visit BOEM’s website.

    To learn more about DoD energy resilience, visit DoD Energy, Installations, and Environment website.

    MIL OSI USA News

  • MIL-OSI USA: FEMA Continues Recovery Efforts Following Hurricanes Helene and Milton, over $1.2 Billion in Direct Assistance to Survivors

    Source: US Federal Emergency Management Agency

    Headline: FEMA Continues Recovery Efforts Following Hurricanes Helene and Milton, over $1.2 Billion in Direct Assistance to Survivors

    FEMA Continues Recovery Efforts Following Hurricanes Helene and Milton, over $1.2 Billion in Direct Assistance to Survivors

    Federal, state and local partners remain throughout the Southeast to help survivors affected by recent stormsWASHINGTON – The Biden-Harris Administration has approved more than $1.2 billion in direct assistance to Hurricanes Helene and Milton survivors. These funds help survivors with housing repairs, personal property replacement and other essential recovery efforts. Additionally, over $1.1 billion has been approved for debris removal and emergency protective measures, which are necessary to save lives, protect public health and prevent further damage to public and private property.Today, Deputy Administrator Erik Hooks is in North Carolina meeting with state and local officials and supporting federal response efforts. FEMA personnel remain on the ground in communities across the Southeast conducting damage assessments, coordinating with local officials, and helping individuals apply for disaster assistance programs. More than 1,400 FEMA Disaster Survivor Assistance team members are in affected neighborhoods helping survivors apply for assistance and connecting them with additional state, local, federal and voluntary agency resources.Applying for assistance is a critical first step towards recovery. Disaster survivors in certain areas of Georgia, Florida (Helene), Florida (Milton), North Carolina, South Carolina, Tennessee and Virginia can begin their recovery process by applying for federal assistance through FEMA. Federal assistance for individuals may include upfront funds to help with essential items like food, water, baby formula, breastfeeding supplies and other emergency supplies. Funds may also be available to repair storm-related damage to homes and personal property, as well as assistance to find a temporary place to stay. Applicants may be eligible for Transitional Sheltering Assistance, which provides survivors with a safe, temporary place to stay, like a hotel or motel, until they can find a short or longer-term housing solution. To date, more than 23,000 households have checked into FEMA provided hotels.Individuals affected by the hurricanes are encouraged to apply as soon as they are able to by visiting DisasterAssistance.gov, which is the fastest way to get an application started. Individuals can also apply using the FEMA App, calling 1-800-621-3362 or in person at a local Disaster Recovery Center. Disaster Recovery Centers can provide survivors in-person help with their applications. FEMA now has 75 Disaster Recovery Centers open throughout the hurricane affected communities. Center locations can be found at FEMA.gov/DRC. FEMA also has Disaster Survivor Assistance team members in the field supporting survivors and helping them with the application process. Support for North CarolinaFEMA has approved over $185 million for over 116,000 households and other types of assistance. Additionally, FEMA has approved more than $189 million for debris removal and reimbursement of emergency protective measures for the state.More than 6,300 households have checked into FEMA-funded hotels and lodging through FEMA’s Transitional Sheltering Assistance program. There are 411 Disaster Survivor Assistance members in communities providing support. There are also 21 Disaster Recovery Centers now open in Asheville (Mobile), Bakersville, Boone, Brevard, Bryson City, Burnsville, Charlotte, Conover, Fairview, Hendersonville, Jefferson, Lake Lure, Lenoir, Marion, Marshall, Morganton, Newland, Old Fort, Sparta, Sylva, and Waynesville where survivors can speak directly with FEMA and state personnel for assistance with their recovery. To find the nearest center, visit FEMA.gov/DRC.Support for Florida  In response to Helene, FEMA has approved over $413 million in housing and other types of assistance for more than 125,000 households. Additionally, FEMA has approved more than $335 million in Public Assistance for debris removal and emergency work. In response to Milton, FEMA has approved over $252 million in housing and other types of assistance for over 174,000 households. Additionally, FEMA has approved more than $631 million in Public Assistance for debris removal and emergency work.More than 13,200 households have checked into FEMA-funded hotels and lodging through FEMA’s Transitional Sheltering Assistance program.  There are 486 Disaster Survivor Assistance members in communities to provide support. There are also 20 Disaster Recovery Centers now open in Bartow, Branford, Brooksville, Carrabelle (Mobile), Dale City (Mobile), Fort Pierce, Homosassa, Lake City, Largo, Live Oak, Madison, Old Town, Orlando, Palmetto (Mobile), Perry (2), Punta Gorda (Mobile), Sarasota, Stuart and Vero Beach supporting survivors from Debby, Helene and Milton where survivors can speak to state and federal personnel to help with their recovery. Survivors may find their closest center by visiting FEMA.gov/DRC.Residents in need of information or resources should call the State Assistance Information Line (SAIL) at 1-800-342-3557. English, Spanish and Creole speakers are available to answer questions.  Support for South CarolinaFEMA has approved over $196 million in housing and other types of assistance for more than 198,000 households. More than 3,400 households have checked into FEMA-funded hotels and lodging through FEMA’s Transitional Sheltering Assistance program.There are 155 Disaster Survivor Assistance members in communities providing support. There are also nine Disaster Recovery Centers now open in Abbeville, Anderson, Columbia, Edgefield, Graniteville, Greenville, Greenwood, Spartanburg and Winnsboro where survivors can speak to state and federal personnel to help with their recovery. Survivors may find their closest center by visiting FEMA.gov/DRC.Residents with questions on Helene can call the state’s toll-free hotline, open 24 hours a day, at 1-866-246-0133. Residents who are dependent on medical equipment at home and who are without power due to Helene may be eligible for a medical needs shelter. Call the state’s Department of Public Health Care Line at 1-855-472-3432 for more information. Support for GeorgiaFEMA has approved over $190 million in housing and other types of assistance for more than 160,000 households.There are 267 Disaster Survivor Assistance members in communities providing support. There are also 12 Disaster Recovery Centers now open in Augusta, Baxley, Douglas, Lyons, McRae–Helena (Mobile), Midway, Ocilla (Mobile), Sandersville, Savannah, Thompson, Valdosta and Waycross (Mobile) where survivors can speak to state and federal personnel to help with their recovery. Survivors may find their closest center by visiting FEMA.gov/DRC.Residents can find resources like shelters and feeding sites at gema.georgia.gov/hurricane-helene. Support for Virginia  To date, FEMA has approved over $8 million in housing and other types of assistance for more than 2,700 households.There are about 79 Disaster Survivor Assistance members in communities providing support. There are also eight Disaster Recovery Centers open in Christiansburg, Damascus, Dublin, Independence, Marion, Pembroke, Tazewell and Wytheville where survivors can speak to state and federal personnel to help with their recovery. Survivors may find their closest center by visiting FEMA.gov/DRC.Residents can find resources like shelters and feeding sites at: Recover – Hurricane Helene | VDEM (vaemergency.gov).Support for Tennessee FEMA has approved more than $15.9 million in housing and other types of assistance for more than 4,700 households. There are more than 58 Disaster Survivor Assistance members in communities providing support. There are now five Disaster Recovery Center open in Elizabeth, Erwin, Greenville, Morristown and Newport where survivors can speak to state and federal personnel to help with their recovery. Survivors may find their closest center by visiting FEMA.gov/DRC.Counties continue to establish donation centers. For the evolving list, visit TEMA’s website.
    amy.ashbridge
    Tue, 10/29/2024 – 21:15

    MIL OSI USA News

  • MIL-OSI USA: Governor Katie Hobbs Announces $1.5 Million Grant to Help Protect the San Pedro River

    Source: US State of Arizona

    SIERRA VISTA, AZ — Yesterday, Governor Katie Hobbs joined the Audubon Society, The Nature Conservancy, environmental advocates, and officials from Sierra Vista, Cochise County, Fort Huachuca and the Bureau of Land Management to announce a $1.5 million grant for Cochise County to complete a water recharge project on the San Pedro River. 

     

    “The San Pedro River is a one-of-a-kind desert river that plays a critical role in the habitat and ecosystem of the region,” said Governor Katie Hobbs. “This funding isn’t just dollars and cents, it’s a down payment on the state’s long-term commitment to securing Arizona’s water future. Important water conservation projects like this, alongside efforts to reform rural groundwater management will bring real solutions to build a sustainable future across the entire state.”

    With the support of the grant, the Coyote Wash Stormwater Management Project will capture additional precipitation and stormwater to recharge the aquifer, protect flows in the San Pedro River, and improve water quality. 

    “Thank you to Governor Hobbs for recognizing the efforts we have made to protect our San Pedro River,” said Sierra Vista Mayor Clea McCaa. “As the major migratory corridor for wildlife, the San Pedro River is crucial for both the health of our environment and for the vitality of our communities here in Cochise County. The City of Sierra Vista has worked with our partners at the local, state, and federal levels to implement innovative and responsible water management for decades and we continue to work on that today.”

    “We have to protect the Fort, as well as the people, as well as the river,” said Cochise County Supervisor Ann English. “This is the last mile and last dollar we needed to finish this project. We’ve been working on this project, as well as many other conservation projects for years because we knew it needed to happen. Our flood control department and our staff in the supervisors office all have been and are committed toward working toward a better water future for Cochise County.”

    “The Nature Conservancy is thankful for the investment by Governor Hobbs in the Cochise Conservation and Recharge Network’s Coyote Wash Project,” said Kim Schonek, The Nature Conservancy’s Arizona Water Program Director. “Long-term collaboration with state, local, and federal partners combined with sound science led to the development and design of this project. These efforts are key examples of how water managers can plan for a resilient future that balances water needs for communities and nature.”

    Prior to the announcement, the Governor joined local advocates and stakeholders for a tour of the river to see its current condition and the wildlife it supports. This grant is part of the Hobbs Administration’s efforts and commitments to protect Arizona’s water supplies and improve sustainable water management practices.

     

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    MIL OSI USA News

  • MIL-OSI USA: Senator Collins Participates in Factory of the Future Groundbreaking at UMaine

    US Senate News:

    Source: United States Senator for Maine Susan Collins
    Published: October 29, 2024

    Click HERE and HERE for individual photos.
    Orono, ME – Today, U.S. Senator Susan Collins participated in a groundbreaking for the Green Engineering & Materials Factory of the Future at the University of Maine (UMaine). The Factory of the Future will be a 50,000 square foot facility that will usher in a new era of large-scale advanced manufacturing at the nexus of engineering and computing. The Factory will serve as a new national model to integrate research, leaning, and manufacturing.
    “UMaine’s Factory of the Future will establish Maine as a national leader in additive and advanced manufacturing,” said Senator Collins. “This state-of-the-art facility will spur innovation, strengthen our national defense, and give students invaluable experience in pioneering high-tech industries.”
    Senator Collins has secured more than $90 million to support the Factory of the Future project. In addition, the Fiscal Year 2025 defense spending bill, which still awaits consideration by the Senate and House of Representatives, includes $15 million to further support the Factory project.

    MIL OSI USA News

  • MIL-OSI USA: Six Charged in Scheme to Defraud the Federal Government

    Source: US State of Vermont

    Six defendants have been charged for their roles in schemes to rig bids, defraud the government and pay bribes and kickbacks in connection with the sale of IT products and services to federal government purchasers, which resulted in overcharges of millions of dollars to the U.S. government, including the Department of Defense (DoD). 

    On Oct. 9 and Oct. 16, a federal grand jury in Baltimore returned indictments against two defendants. Four other defendants were also charged. These are the first charges in the Justice Department’s ongoing investigation into IT manufacturers, distributors and resellers who sell products and services to government purchasers, including to the intelligence community. 

    “Antitrust crimes can undermine competition for products and services that are vital to our national security,” said Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division. “When fraudsters siphon taxpayer funds, the Antitrust Division and its Procurement Collusion Strike Force (PCSF) partners across the government will hold accountable those who collude to subvert competition, line their pockets with federal procurement dollars and compromise the integrity of our intelligence community programs.”

    “This office and our partners will use all available resources to hold accountable those who would undermine and distort the government’s procurement of goods and services, especially those related to our cybersecurity infrastructure,” said U.S. Attorney Erek L. Barron for the District of Maryland. 

    “This investigation demonstrates the vital need to protect the DoD procurement process, particularly within the Intelligence Community,” said Special Agent in Charge Christopher Dillard of the DoD Office of Inspector General, Defense Criminal Investigative Service (DCIS), Mid-Atlantic Field Office. “The Defense Criminal Investigative Service is committed to identifying fraudsters who abuse public trust and enrich themselves through criminal schemes.”

    “There is no place for fraudsters and crooks scheming to manipulate the government bidding process for personal gain,” said Special Agent in Charge William J. DelBagno of the FBI Baltimore Field Office. “The FBI remains steadfastly committed to identifying, investigating and bringing to justice those conspiring to enrich themselves by cheating taxpayers.”

    “Investigating complex fraud schemes is a top priority of ours,” said National Security Agency Acting Inspector General Kevin Gerrity. “I commend our team, our law enforcement partners and the Justice Department for their work protecting the integrity of federal contracting.”

    “Each part of the government must do its part to detect and prosecute instances of waste, fraud and abuse, and CIA’s Office of Inspector General was pleased to join its law enforcement partners in investigating this egregious case,” said CIA Inspector General Robin C. Ashton.

    United States v. Victor Marquez

    Victor M. Marquez, a Maryland resident and owner of two IT companies with significant government contracts, was charged in a four-count indictment with wire fraud conspiracy, wire fraud and major fraud against the United States for rigging bids and inflating the amount of money obtained from valuable IT contracts. 

    Antwann C.K. Rawls, an employee of one of Marquez’s companies, and Scott A. Reefe, an IT sales executive, have been charged for their respective roles in the conspiracy.

    As alleged in the indictment, Marquez, Rawls, Reefe and their co-conspirators used their positions of trust to learn sensitive, confidential procurement information, including procurement budgets for large U.S. government IT contracts. The co-conspirators used that inside information to craft bids at artificially determined, non-competitive and non-independent prices, ensuring Marquez’s company would win the procurement. 

    According to court documents, the co-conspirators shared their bids in advance of submitting them to the government, with one co-conspirator emailing that he would submit a “high price third bid.” Marquez and his co-conspirators submitted their collusive bids despite knowing the government sought independent, competitive bids for the valuable contracts, and despite Marquez’s certification of independent bidding.

    If convicted, Marquez faces maximum penalties of 20 years in prison for each conspiracy and wire fraud count and 10 years in prison for the major fraud charge. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    United States v. Breal L. Madison Jr.

    Breal L. Madison Jr., a Maryland resident, was charged in a 13-count indictment with conspiracy, bribery of a public official, mail fraud and money laundering for orchestrating a years-long scheme to defraud his employer and the United States out of over $7 million in connection with the sale of IT products to various government agencies.

    Brandon Scott Glisson, an IT contractor providing IT services to the U.S. government, and Glisson’s supervisor, Lawrence A. Eady, a former senior government employee, have also been charged for their respective roles in the scheme.

    According to court documents, through multiple misrepresentations, Madison and his co-conspirators conspired to steal money from Madison’s employer and government agencies, illegally siphoning over $9 million in stolen proceeds to Madison’s shell company, Trident Technology Solutions, and another shell company. They used the money to purchase luxury items and to pay approximately $630,000 in bribes to Eady in exchange for Eady’s ensuring the purchase of additional products sold by Madison. 

    Madison used his ill-gotten gains to buy a Vanquish VQ58 yacht, 2020 Lamborghini Huracan and multiple other vehicles, all of which the United States seeks to forfeit in the indictment. 

    If convicted, Madison faces maximum penalties of five years in prison for the conspiracy count, 15 years in prison for each bribery count, 20 years in prison for each mail fraud count and 10 years for each money laundering count. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    The DCIS, the FBI Baltimore Field Office, CIA Office of Inspector General and NSA Office of Inspector General investigated the case.

    Acting Assistant Chief Michael Sawers and Trial Attorneys Zachary Trotter and Elizabeth French of the Antitrust Division’s Washington Criminal Section and Assistant U.S. Attorneys Aaron S.J. Zelinsky, Sean M. Delaney and Darren Gardner for the District of Maryland are prosecuting the case. 

    Anyone with information about this investigation or other procurement fraud schemes should notify the PCSF at www.justice.gov/atr/webform/pcsf-citizen-complaint. The Justice Department created the PCSF in November 2019. It is a joint law enforcement effort to combat antitrust crimes and related fraudulent schemes that impact government procurement, grant and program funding at all levels of government — federal, state and local. For more information, visit www.justice.gov/procurement-collusion-strike-force.

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

    View the Rawls information.

    View the Eady information.

    View Reefe information.

    View the Glisson information.

    View the Madison indictment.

    View the Marquez indictment.

    MIL OSI USA News

  • MIL-OSI: Oportun Announces Next Step to Optimize Capital Structure and Drive Improved Profitability

    Source: GlobeNewswire (MIL-OSI)

    SAN CARLOS, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT) (“Oportun”, or the “Company”), a mission-driven financial services company, announced today another important step in its plans to optimize the Company’s capital structure and drive improved profitability. Following an extensive review of a range of alternatives led by the Board of Directors, Oportun has entered into a Credit Agreement to refinance its existing corporate financing facility with a new $235 million Senior Secured Term Loan (“Term Loan”). The refinancing will improve Oportun’s operational and balance sheet flexibility with covenants that reflect the performance improvements made by the Company to date, including the agreement to sell the Company’s credit card portfolio, and reward accretive actions and cash flow generation. The Term Loan will be provided by two firms (the “Lenders”), funds managed by Castlelake L.P., a global alternative investment manager specializing in asset-based private credit that led the refinancing, and funds managed by Neuberger Berman, a private employee-owned investment manager. The Term Loan will carry a 15% fixed rate and mature in November 2028.

    “After a thorough and competitive process, where multiple strategic options were considered, the Board of Directors determined that this transaction, which was the least dilutive financing option available, would best position Oportun for the future by further strengthening the Company’s balance sheet and liquidity as well as enhancing the ability for Oportun to generate consistent cash flow and deliver increased stockholder value,” said Neil Williams, Lead Independent Director of Oportun’s Board of Directors.

    “With this refinancing and the operational and balance sheet flexibility the Term Loan will provide, we’re even better positioned to build on our progress. We expect to build on that momentum in 2025 through improving credit performance, identifying high-quality originations, and further enhancing our GAAP and adjusted profitability on a per-share basis” said Raul Vazquez, CEO of Oportun.

    “As we continue our longstanding relationship with Oportun, this refinancing illustrates the confidence we have in the Company’s ability to execute its long-term strategy, underpinned by focusing on its core products while identifying high-quality loan originations” said John Lundquist, Partner at Castlelake.

    “We’re pleased to remain a capital partner to Oportun alongside Castlelake, and the revised structure provides the Company with the funding and flexibility to responsibly grow the business and service the needs of its customers,” said Peter Sterling, Head of Specialty Finance at Neuberger Berman. “This transaction reflects the confidence we have in the quality of Oportun’s underwriting and the sustainability of its business model.”

    In connection with providing the Term Loan, the Lenders will receive warrants, at an exercise price of $0.01 per share, equal to 9.8% of the fully-diluted shares outstanding of the Company, excluding out-of-the-money options, on a pro-forma basis for the warrants, which as of September 30, 2024 was equal to 4,860,706 warrants, and the Lenders are entitled to Board observer rights. Even given the dilutionary impact from the newly issued warrants, the Company believes it will be able to drive increased profitability on a per share basis through focus on its core products, improving credit performance and maintaining cost discipline.

    The new Term Loan provides a lower interest rate than the existing senior secured term loan being refinanced and Oportun is committed to paying off at least $40 million of the principal by February 1, 2026, with the flexibility to make additional pre-payments of $10 million at any time without penalty, and an additional $10 million without penalty after the one-year anniversary of closing. Management expects the Term Loan to close during the week of November 11, 2024, following and subject to customary closing conditions, as well as the closing of the credit card portfolio sale transaction, which was previously announced on September 25, 2024.

    Preliminary Financial Results – Third Quarter 2024
    Based upon management’s current expectations, the Company will report Total Revenue, Annualized Net Charge-Off Rate, Net Loss, Adjusted EBITDA and Adjusted Net Income (Loss), for the third quarter as follows:

    Metric Preliminary Guidance
       3Q24  3Q24
     Total Revenue  $249-251 million  $248 – $252 million
     Annualized Net Charge-Off Rate  11.9%  12.3%  +/- 15 bps
     Net Loss  $(30) – $(32) million  N/A
     Adjusted EBITDA 1  $28 – 31 million  $23 – $26 million
     Adjusted Net Income (Loss) 1  $(2) – $1 million  N/A
     See About Non-GAAP Financial Measures for more detail.  
         

    The Company expects to deliver resilient third quarter top-line performance with Total Revenue in line with its guidance range. The Company’s tightened credit posture contributed to delivering annualized net charge-offs 25 bps better than the edge of its guidance range. On a GAAP basis, the Company expects a net loss of $30 to 32 million driven by non-cash fair value marks, including a $35 million mark-to-market adjustment on its ABS notes due to their weighted average price increasing from 96.0% to 97.8% as benchmark interest rates declined and credit spreads tightened significantly. Given strong Total Revenue, improved credit performance and continued expense discipline, the Company also expects to be near break-even to profitable on an Adjusted Net Income basis. The Company expects Adjusted EBITDA to be $28 to $31 million, which will be $2 to $5 million above the top end of its guidance range.

    Furthermore, management is providing the following preliminary set of expectations regarding Oportun’s full year 2025 operating performance:

    • GAAP EPS between $0.25 and $0.50
    • Adjusted EPS between $1.00 and $1.25
    • Annualized net charge-off rate between 11% and 12%

    “We are pleased with our expected quarterly results and are looking forward to an even better 2025,” said Jonathan Coblentz, CFO of Oportun. “As these results and our future expectations demonstrate, we continue to make significant progress towards driving sustainable, profitable earnings growth, and shareholder value.”

    Concurrent with this press release, Oportun has posted a business update presentation on its investor relations website, investor.oportun.com. The presentation further describes the Term Loan, the Company’s operating strategy, recent performance improvements, and preliminary performance expectations going into 2025.

    Evercore acted as financial advisor and Orrick, Herrington & Sutcliffe LLP and Wilson Sonsini Goodrich & Rosati served as legal advisors to the Company on the transaction.

    About Oportun
    Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $18.7 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually. For more information, visit Oportun.com.

    About Castlelake
    Castlelake, L.P. is a global alternative investment manager focused on asset-based investments. Founded in 2005, Castlelake manages approximately $24 billion of assets on behalf of a diversified global investor base. The Castlelake team comprises more than 220 experienced professionals, including 80 investment professionals, across seven offices in North America, Europe and Asia. For more information, please visit www.castlelake.com.

    About Neuberger Berman
    Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies – including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds – on behalf of institutions, advisors and individual investors globally. Neuberger Berman’s investment philosophy is founded on active management, engaged ownership and fundamental research, including industry-leading research into material environmental, social and governance factors. Neuberger Berman is a PRI Leader, a designation awarded to fewer than 1% of investment firms. With offices in 26 countries, the firm’s diverse team has over 2,750 professionals. For nine consecutive years, Neuberger Berman has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). The firm manages $443 billion in client assets as of June 30, 2023. For more information, please visit Neuberger Berman’s website at www.nb.com.

    Forward-Looking Statements
    This press release contains forward-looking statements. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements as to future performance and financial position; the Company’s preliminary financial results for the third quarter of 2024; the Company’s full year 2025 outlook; expectations regarding the impact of the Term Loan, including expected timelines; the anticipated closing of the Company’s credit card portfolio sale transaction; our planned products and services; achievement of the Company’s strategic priorities and goals and the plans and objectives of management for our future operations, are forward-looking statements are forward-looking statements. These statements can be generally identified by terms such as “expect,” “plan,” “goal,” “target,” “anticipate,” “assume,” “predict,” “project,” “outlook,” “continue,” “due,” “may,” “believe,” “seek,” or “estimate” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would,” “likely” and “could.” These statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause Oportun’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Oportun has based these forward-looking statements on its current expectations and projections about future events, financial trends and risks and uncertainties that it believes may affect its business, financial condition and results of operations. These risks and uncertainties include those risks described in Oportun’s filings with the Securities and Exchange Commission, including Oportun’s most recent annual report on Form 10-K and most recent quarterly report on Form 10-Q. These forward-looking statements speak only as of the date on which they are made and, except to the extent required by federal securities laws, Oportun disclaims any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. In light of these risks and uncertainties, there is no assurance that the events or results suggested by the forward-looking statements will in fact occur, and you should not place undue reliance on these forward-looking statements.

    Preliminary Information
    Numbers are as of September 30, 2024, and are unaudited, preliminary and subject to change upon completion of the Company’s closing process and quarterly review procedures. As a result, the Company’s final results may vary materially from the preliminary results included in this press release. Oportun undertakes no obligation to update or supplement the information provided in this press release until the Company releases its financial statements for the three months ended September 30, 2024. The preliminary financial information included in this press release reflects the Company’s current estimates based on information available as of the date of this press release. This preliminary financial and operational information should not be viewed as a substitute for full financial statements prepared in accordance with GAAP and is not necessarily indicative of the results to be achieved for any future periods. This preliminary financial information could be impacted by the effects of financial closing procedures, final adjustments, and other developments.

    About Non-GAAP Financial Measures
    This press release presents information about the Company’s Adjusted EBITDA, Adjusted Net Income (Loss) and Adjusted EPS, which are non-GAAP financial measures provided as a supplement to the results provided in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company believes non-GAAP measures can be useful measures for period-to-period comparisons of its core business and provide useful information to investors and others in understanding and evaluating its operating results. Non-GAAP financial measures are provided in addition to, and not as a substitute for, and are not superior to, financial measures calculated in accordance with GAAP. In addition, the non-GAAP measures the Company uses, as presented, may not be comparable to similar measures used by other companies. Reconciliations of non-GAAP to GAAP measures can be found below.

    As previously announced on March 12, 2024, beginning with the quarter ended March 31, 2024, the Company has updated its calculation of Adjusted EBITDA and Adjusted Net Income for all periods. To align with these updated calculations, we also updated Adjusted EPS. Comparable prior period non-GAAP financial measures are included in addition to the previously reported metrics.

    Adjusted EBITDA
    The Company defines Adjusted EBITDA as net income, adjusted to eliminate the effect of certain items as described below. The Company believes that Adjusted EBITDA is an important measure because it allows management, investors and its board of directors to evaluate and compare operating results, including return on capital and operating efficiencies, from period to period by making the adjustments described below. In addition, it provides a useful measure for period-to-period comparisons of Oportun’s business, as it removes the effect of income taxes, certain non-cash items, variable charges and timing differences.

    The Company believes it is useful to exclude the impact of income tax expense, as reported, because historically it has included irregular income tax items that do not reflect ongoing business operations.
    The Company believes it is useful to exclude depreciation and amortization and stock-based compensation expense because they are non-cash charges.

    The Company believes it is useful to exclude the impact of interest expense associated with the Company’s corporate financing facilities, including the senior secured term loan and the residual financing facility, as it views this expense as related to its capital structure rather than its funding.

    The Company excludes the impact of certain non-recurring charges, such as expenses associated with our workforce optimization, and other non-recurring charges because it does not believe that these items reflect ongoing business operations. Other non-recurring charges include litigation reserve, impairment charges, debt amendment and warrant amortization costs related to our corporate financing facilities.

    The Company also excludes fair value mark-to-market adjustments on its loans receivable portfolio and asset-backed notes carried at fair value because these adjustments do not impact cash.

    Adjusted Net Income
    The Company defines Adjusted Net Income as net income adjusted to eliminate the effect of certain items as described below. The Company believes that Adjusted Net Income is an important measure of operating performance because it allows management, investors, and the Company’s board of directors to evaluate and compare its operating results, including return on capital and operating efficiencies, from period to period, excluding the after-tax impact of non-cash, stock-based compensation expense and certain non-recurring charges.

    The Company believes it is useful to exclude the impact of income tax expense (benefit), as reported, because historically it has included irregular income tax items that do not reflect ongoing business operations. The Company also includes the impact of normalized income tax expense by applying a normalized statutory tax rate.

    The Company believes it is useful to exclude the impact of certain non-recurring charges, such as expenses associated with our workforce optimization, and other non-recurring charges because it does not believe that these items reflect its ongoing business operations. Other non-recurring charges include litigation reserve, impairment charges, debt amendment and warrant amortization costs related to our corporate financing facilities.

    The Company believes it is useful to exclude stock-based compensation expense because it is a non-cash charge.

    The Company also excludes the fair value mark-to-market adjustment on its asset-backed notes carried at fair value to align with the 2023 accounting policy decision to account for new debt financings at amortized cost.

    Adjusted EPS
    The Company defines Adjusted EPS as Adjusted Net Income divided by weighted average diluted shares outstanding.

    Reconciliation of Non-GAAP Financial Measures

    Adjusted EBITDA    
      Three Months Ended September 30,
      2024   2023  
    (dollars in millions)    
      Net Income (loss) $(32) – (30) $(21.1 )
      Adjustments:    
    Income tax expense (benefit)  (10.2) – (9.5)   (16.2 )
    Corporate debt interest 12.6   15.0  
    Depreciation and amortization 13.5   13.9  
    Workforce optimization expenses   0.5  
    Stock-based compensation expense 3.2   4.3  
    Other non-recurring charges 2.9   0.3  
    Fair value mark-to-market adjustment 38.0-38.3   16.5  
    Adjusted EBITDA $28.0-31.0 $13.2  
    Adjusted Net Income (Loss)    
      Three Months Ended September 30,
      2024     2023  
    (dollars in millions)    
      Net Income (loss) $(32) – (30) $(21.1 )
      Adjustments:    
        Income Tax Expense (benefit)  (10.2) – (9.5)     (16.2 )
        Stock-based compensation expense 3.2     4.3  
    Workforce optimization expense     0.5  
    Impairment     1.3  
    Other non-recurring charges 2.9     0.3  
    Fair value mark-to-market adjustment 33.3 – 34.7     14.9  
    Adjusted income before taxes $ (2.8) – 1.3     (16.1 )
    Normalized income tax expense (0.8) – 0.3     (4.3 )
    Adjusted income $ (2.0) – 1.0 $(11.8 )
    Forward-looking Adjusted Net Income and Adjusted EPS    
      FY 2025
      Low High
    (dollars in millions)    
      Net Income $12.6 $25.1
      Adjustments:    
        Income tax expense (benefit)   4.7   9.3
        Stock-based compensation expense   14.4   14.4
    Other non-recurring charges   6.4   6.4
    Fair value mark-to-market adjustment   30.8   30.8
    Adjusted income before taxes $68.9 $86.0
    Normalized income tax expense   18.7   23.2
    Adjusted Net Income $50.2 $62.8
    Diluted Weighted Average Shares Outstanding (millions)   50.2   50.2
    Diluted EPS $0.25 $0.50
    Adjusted EPS $1.00 $1.25
         

    Investor Contact

    Dorian Hare
    (650) 590-4323
    ir@oportun.com

    Media Contact for Oportun
    Michael Azzano
    Cosmo PR for Oportun
    (415) 596-1978
    michael@cosmo-pr.com

    Media Contact for Castlelake
    Remy Marin / Alex Hinson
    Prosek Partners for Castlelake
    (212) 279 3115
    Rmarin@prosek.com / ahinson@prosek.com

    The MIL Network

  • MIL-OSI USA: McCaul Urges DHS Secretary Mayorkas to Extend Title 42 Order

    Source: United States House of Representatives – Congressman Michael McCaul (10th District of Texas)

    Apache

    Due to the settings for ServerTokens in httpd.conf, it is impossible to accurately determine the version of Apache running on this server. The reported value is Apache, to run Drupal without mod_rewrite, a minimum version of 2.2.16 is needed.

    MIL OSI USA News

  • MIL-OSI USA: McCaul Celebrates Passage of Childhood Cancer STAR Reauthorization Act

    Source: United States House of Representatives – Congressman Michael McCaul (10th District of Texas)

    Apache

    Due to the settings for ServerTokens in httpd.conf, it is impossible to accurately determine the version of Apache running on this server. The reported value is Apache, to run Drupal without mod_rewrite, a minimum version of 2.2.16 is needed.

    MIL OSI USA News

  • MIL-OSI USA: Governor Polis Highlights Colorado’s Leading Work to Save Coloradans Money on Energy Bills, Support Out of School Time that Helps Colorado Students Thrive, and Promote Civic Engagement at Front Range Community College

    Source: US State of Colorado

    ARVADA – Today, Governor Polis highlighted Colorado’s leadership in clean energy, investments in education, and promotion of healthy civic engagement for all Coloradans.

    The Governor took part in the Colorado Afterschool Partnership Fall Conference, to discuss Colorado’s work to support  out-of-school educators for their work to help Colorado students succeed . In 2023, Governor Polis signed a bipartisan law to make a major state investment in afterschool education opportunities to get every student on track to math proficiency. These investments provide support for math instruction and improvement for students in pre-kindergarten through twelfth grade.

    “Investing in our students’ success is an investment in our state’s future. I am grateful to all the educators across the state who work tirelessly to provide the support and instruction for Colorado students to succeed well beyond the classroom. No student should feel left behind, and afterschool programs are critical to ensure students thrive,” said Governor Polis.

    The Governor then participated virtually in the Interstate Oil and Gas Compact Commission Conference focused on solutions for low-cost energy. Colorado’s energy sector is a model for the nation, creating jobs and strengthening the economy.

    “As Chair of the National Governors Association I work with Governors from across the country and aisle on the issues that matter most to the people we serve, and today I was glad to join my fellow Governors Stitt and Governor Dunleavy to discuss our work on energy, as well as Colorado’s national leadership on technologies that lower energy costs, protect our air quality, and ensure clean drinking water for all Coloradans,” said Governor Polis.

    Governor Polis also spoke at the Energy M&A and Financing Forum to promote Colorado’s nation leading work in innovative clean energy solutions, ranking 4th in cleantech employment, 2nd in the nation for electric vehicle sales, and 8th nationally for wind, solar, and storage.

    “In Colorado, we are taking a market-driven, sector-by-sector approach to improve air quality and reduce carbon emissions. By doing so, we are delivering real results while creating good-paying jobs and reducing costs for Colorado consumers,” said Governor Polis.

    Later today, the Governor will tour Northglenn City Hall, the first net-zero emissions municipal building in Colorado. New clean-energy buildings like this one are helping the state reach the goal of reducing greenhouse gas emissions 50% by 2030. The State is proud to support the installation of nine public charging ports through the Charge Ahead Colorado grant program and eight charging ports for fleet vehicles through the Fleet-ZERO grant program at the Northglenn City Hall.

    “Colorado is leading the way in bringing more jobs, cleaner energy, and saving Coloradans money on energy bills. The Northglenn City Hall, the first net-zero municipal building in Colorado, is a reflection of how far Colorado has come in creating clean energy infrastructure that will help power a bright future for our state,” said Governor Polis.

    The Governor will take part in a discussion at Front Range Community College about the importance of civic engagement in Colorado at the News & Democracy Discussion Panel. The event invites leaders from across Colorado to partake in a panel discussion on the importance of free and fair elections.

    “Each of us has a role to play in building and sustaining a strong, healthy democracy. That’s what civic engagement is all about and thank you to Front Page for being an important part of the media ecosystem here in Colorado, and continuing to promote a Colorado for all,” said Governor Polis.

    ###
     

    MIL OSI USA News

  • MIL-OSI: Aimfinity Investment Corp. I Announces Extension of the Deadline for an Initial Business Combination to October 28, 2024

    Source: GlobeNewswire (MIL-OSI)

    Wilmington, Delaware, Oct. 29, 2024 (GLOBE NEWSWIRE) —  Aimfinity Investment Corp. I (the “Company” or “AIMA”) (Nasdaq: AIMAU), a special purpose acquisition company incorporated as a Cayman Islands exempted company, today announced that, in order to extend the date by which the Company mush complete its initial business combination from October 28, 2024 to November 28, 2024, on October 28, 2024, I-Fa Chang, manager of the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $60,000 (the “Monthly Extension Payment”).

    Pursuant to the Company’s third amended & restated memorandum and articles of association (“Current Charter”), effectively April 23, 2024, the Company may extend on a monthly basis from April 28, 2024 until January 28, 2025 or such an earlier date as may be determined by its board to complete a business combination by depositing the Monthly Extension Payment for each month into the Trust Account. This is the seventh of nine monthly extensions sought under the Current Charter of the Company.  

    About Aimfinity Investment Corp. I

    Aimfinity Investment Corp. I is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company has not selected any business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with it. While the Company will not be limited to a particular industry or geographic region in its identification and acquisition of a target company, it will not complete its initial business combination with a target that is headquartered in China (including Hong Kong and Macau) or conducts a majority of its business in China (including Hong Kong and Macau). 

    Additional Information and Where to Find It

    As previously disclosed, on October 13, 2023, the Company entered into that certain Agreement and Plan of Merger (as may be amended, supplemented or otherwise modified from time to time, the “Merger Agreement”), by and between the Company, Docter Inc., a Delaware corporation (the “Company”), Aimfinity Investment Merger Sub I, a Cayman Islands exempted company and wholly-owned subsidiary of Parent (“Purchaser”), and Aimfinity Investment Merger Sub II, Inc., a Delaware corporation and wholly-owned subsidiary of Purchaser (“Merger Sub”), pursuant to which the Company is proposing to enter into a business combination with Docter involving an reincorporation merger and an acquisition merger. This press release does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. AIMA’s stockholders and other interested persons are advised to read, when available, the proxy statement/prospectus and the amendments thereto and other documents filed in connection with the proposed business combination, as these materials will contain important information about AIMA, Purchaser or Docter, and the proposed business combination. When available, the proxy statement/prospectus and other relevant materials for the proposed business combination will be mailed to stockholders of AIMA as of a record date to be established for voting on the proposed business combination. Such stockholders will also be able to obtain copies of the proxy statement/prospectus and other documents filed with the Securities and Exchange Commission (the “SEC”), without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to AIMA’s principal office at 221 W 9th St, PMB 235 Wilmington, Delaware 19801.

    Forward-Looking Statements

    This press release contains certain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended. Statements that are not historical facts, including statements about the pending transactions described herein, and the parties’ perspectives and expectations, are forward-looking statements. Such statements include, but are not limited to, statements regarding the proposed transaction, including the anticipated initial enterprise value and post-closing equity value, the benefits of the proposed transaction, integration plans, expected synergies and revenue opportunities, anticipated future financial and operating performance and results, including estimates for growth, the expected management and governance of the combined company, and the expected timing of the transactions. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated.

    Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the pending business combination, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived, such as regulatory approvals not being obtained, on a timely basis or otherwise, or that a governmental entity prohibited, delayed or refused to grant approval for the consummation of the transaction or required certain conditions, limitations or restrictions in connection with such approvals; (ii) risks related to the ability of AIMA and Docter to successfully integrate the businesses; (iii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iv) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of AIMA or Docter; (v) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (vi) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of AIMA’s securities; (vii) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Docter to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (viii): risks relating to the medical device industry, including but not limited to governmental regulatory and enforcement changes, market competitions, competitive product and pricing activity; and (ix) risks relating to the combined company’s ability to enhance its products and services, execute its business strategy, expand its customer base and maintain stable relationship with its business partners.

    A further list and description of risks and uncertainties can be found in the prospectus filed on April 26, 2022 relating to AIMA’s initial public offering, the annual report of AIMA on Form 10-K for the fiscal year ended on December 31, 2022, filed on April 17, 2023, and in the Registration Statement/proxy statement that will be filed with the SEC by AIMA and/or its affiliates in connection with the proposed transactions, and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and Aimfinity, Docter, and their subsidiaries undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

    No Offer or Solicitation

    This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of any potential transaction and does not constitute an offer to sell or a solicitation of an offer to buy any securities of AIMA, Purchaser or Docter, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act.

    Participants in the Solicitation

    AIMA, Docter, and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of AIMA’s shareholders in connection with the proposed transaction. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of AIMA’s shareholders in connection with the proposed business combination will be set forth in the proxy statement/prospectus on Form F-4 to be filed with the SEC.

    Contact Information:

    Aimfinity Investment Corp. I
    I-Fa Chang
    Chief Executive Officer
    ceo@aimfinityspac.com
    (425) 365-2933
    221 W 9th St, PMB 235
    Wilmington, Delaware 19801

    The MIL Network

  • MIL-OSI: Hampton Financial Corporation Announces The Completion of A Non-Brokered Private Placement of Unsecured Convertible Debentures

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    TORONTO, Oct. 29, 2024 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV:HFC) is pleased to announce the closing of a non-brokered private placement of unsecured convertible debentures (the “Debentures”) in the principal amount of $300,000.

    The $300,000 principal amount of Debentures will mature five (5) years and one day after the issue date (the “Maturity Date”) and will bear interest at the rate of 10.0% per annum, payable quarterly in arrears on the last day of March, June, September and December in each year until the Maturity Date. The first interest payment will be made at the end of the first calendar quarter following the closing date (the “Initial Interest Payment Date”) and will consist of interest accrued from and including the closing date to the Initial Interest Payment Date. Interest will be payable in cash only and will cease to accrue on the Maturity Date.

    The whole, or any part, of the principal amount of the Debentures is convertible into common shares of the Company’s wholly owned subsidiary, Oxygen Working Capital Corp. (“OWC”), held by the Company at the option of the holder thereof, at any time prior to 5:00 p.m. (Toronto time) on the Maturity Date, at a conversion price of CAD$0.50 per share. Upon conversion of the Debentures the holders of Debentures will receive cash payment of any interest which accrues from the most recent interest payment date to the date of conversion.

    The proceeds from the Offering may be advanced by the Company to OWC in order to further grow OWC’s loan book and for OWC’s working capital and general corporate purposes.

    About Oxygen Working Capital Corp.

    OWC, founded in 2017, is a specialized Canadian based lender focused on the commercial factoring business with clients across Canada, and with prospects for expanded reach and continued growth across broader North America. OWC provides entrepreneurs with short term financing solutions via immediate upfront capital by factoring their invoices and receivables, allowing businesses to meet their immediate working capital needs. Acquired in 2024, OWC is a wholly owned subsidiary of Hampton.

    About Hampton Financial Corporation

    Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments. In addition to OWC, through its Investment Dealer subsidiary, Hampton Securities Limited (“HSL”), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO (Formally IIROC) and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad. The Company is also exploring opportunities to diversify its sources of revenue by way of strategic investments and acquisitions in both complimentary business and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.

    For more information, please contact:

    Olga Juravlev
    Chief Financial Officer
    Hampton Financial Corporation
    (416) 862-8701

    Or

    Peter M. Deeb
    Executive Chairman & CEO
    Hampton Financial Corporation
    (416) 862-8651

    The TSXV has in no way approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

    No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the United States or to a U.S. person absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.

    Forward-Looking Statements

    This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “should”, “hopeful”, “recovery”, “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project” or similar words, including negatives thereof, suggesting future outcomes.

    Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond the Company’s ability to predict or control which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Forward-looking statements are not a guarantee of future performance. Although the Company believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate. Actual results may vary, and vary materially, from those expressed or implied by the forward-looking statements herein. Accordingly, readers are advised to rely on their own evaluation of the risks and uncertainties inherent in forward-looking statements herein and should not place undue reliance upon such forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made only as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.

    The MIL Network

  • MIL-OSI Economics: Samsung Sets New Benchmark in TV Security With FIPS 140-3 Certification

    Source: Samsung

     
    Samsung Electronics today announced that its proprietary cryptography module, Samsung CryptoCore,1 has earned the prestigious FIPS 140-3 certification2 from the National Institute of Standards and Technology (NIST). This certification underscores Samsung’s commitment to providing industry-leading security and data protection for Smart TV users.
     
    “As home entertainment systems become more connected, it becomes critical for technology companies to safeguard the personal data that enables the seamless connectivity enjoyed by so many,” said Yongjae Kim, Executive Vice President and Head of the R&D Team, Visual Display Business at Samsung Electronics. “By integrating the FIPS 140-3-certified CryptoCore into our Smart TVs, Samsung is taking our commitment to secure home entertainment a step further and ensuring that our users can freely experience the value of our products.”
     
    Beginning in 2025, Samsung CryptoCore will be fully integrated into Tizen OS,3 Samsung’s Smart TV operating system, enhancing the security of key products such as TVs, monitors and digital signage. With Samsung CryptoCore embedded in Tizen OS, personal data linked to Samsung accounts will be securely encrypted, SmartThings authentication information will be protected from external hacking threats and content viewed on TVs will benefit from enhanced copyright protection.
     
    Since 2015, Samsung has equipped its Smart TVs with Samsung Knox,4 a security platform that has earned Common Criteria (CC) certification5 for 10 consecutive years. But with its newly acquired FIPS 140-3 certification, Samsung has strengthened its defenses against hacking and data breaches even further, proactively protecting personal information with advanced encryption technology.
     
    Recognized by governments in 10 countries,6 the FIPS 140-3 certification requires comprehensive testing of cryptographic modules to ensure their security, integrity and reliability. For users, this means Samsung Smart TVs offer cutting-edge protection against privacy breaches, allowing them to enjoy their content, connect smart devices and engage with IoT services securely and without concerns.
     

     
    1 Samsung CryptoCore is a software library that encrypts and decrypts data during both transmission and storage.2 Federal Information Processing Standard (FIPS) 140-3 covers the security requirements for cryptographic modules.3 Tizen OS 9.0.4 Samsung Knox provides privacy protection on its Smart TVs through features like Tizen OS Monitoring, Phishing Site Blocking and Knox Vault. Knox Vault is available only on the QN900D and QN800D models.5 Common Criteria (CC) certification is a global security standard recognized by 31 countries for IT product integrity.6 Recognized in the United States, Canada, UK, Germany, France, South Korea, Japan, Singapore, Australia and New Zealand.

    MIL OSI Economics

  • MIL-OSI Australia: Transcript – Ports Australia conference

    Source: Australian Ministers for Infrastructure and Transport

    **CHECK AGAINST DELIVERY**

    As always, I begin by acknowledging the Muwinina People as the custodians of this land. We acknowledge and pay our respects to all Tasmanian Aboriginal Communities.

    Tasmania is one of the most beautiful places in our nation and a fitting setting for the Ports Australia Conference.

    We recognise the ongoing custodianship that Indigenous Australians have shown towards these lands and I extend this respect to all First Nations people joining us today.

    Thank you as well to Mike for that kind introduction, and to Stewart, your Chair, thank you very much for the invitation and for all the work that you do throughout the course of the year.

    It is wonderful to see so many public and private leaders from around the world come together.

    I would also like to extend a particular welcome to the Minister for Infrastructure for the Kingdom of Tonga.

    Like Australia, your nation relies on shipping. It is wonderful to have you here.

    I also want to recognise Dr Patrick Verhoeven, the Managing Director of the International Association of Ports and Harbours, and Jens Meier, the CEO of Hamburg Port Authority, who have travelled such a long way.

    Your presence underlines the inherently global nature of this industry, and I hope you enjoy your time here in our beautiful country.

    This is in fact my second time in Tasmania in the last two weeks. 

    Last week I was in the north, this week I’m in the south.

    On both these visits, I have had the pleasure of engaging with Tasmania’s proud maritime industry.

    Last week, I was in Burnie to commission the new shiploader – a project which replaced an essential piece of infrastructure that had been in place for five decades.

    The new shiploader doubles the capacity of the old, and can serve ships up to Panamax size, creating local jobs and growing local industry.

    It is a project that pays tribute to both the maritime past and future of this great state, as well as setting the local economy up for decades of success to come.

    It also speaks to how essential maritime logistics are to our day-to-day lives.

    At the port I could see woodchips going to China, as well as cars and supermarket produce coming into the state.

    It is too easy to miss the magic that defines our modern world, but when you take even a moment to think about it, it is truly extraordinary. 

    That port in Burnie on the north coast of Tasmania is connected to a global network that stretches to every corner of our planet. 

    Everything that we rely on, relies in turn on shipping – which is why it is such a pleasure to be here today with some of the many, many hardworking people who underpin this essential industry.

    Events like these are key to fostering a strong, robust sector – and year after year, Ports Australia does a wonderful job bringing you together and advocating for your industry.

    I stand here today as a minister in a government that knows that ports are a primary driver of our economy and workforce. 

    As well as facilitating international trade and the movement of goods throughout the region, our ports are strategic assets and critical infrastructure.

    They are vital to sustaining our island nation. 

    The most recent report from Ports Australia shows exactly this. 

    Ports move an overwhelming 99 per cent of Australia’s international trade by volume, and importantly, over 694,000 local jobs are facilitated by Australia’s port activities. 

    This works out to a staggering one in every 20 jobs across the nation. 

    Container transport has seen a huge increase.

    As have vehicle imports. 

    The most recent numbers show that cruise ships have soared to 18% higher than pre-pandemic numbers.

    You take our goods to the world, and you bring the world to us.

    Of course, these numbers, while good news, bring pressures of their own. 

    This story of growth underlines the need to ensure that our infrastructure, our investments and our policies are positioned to support a sustainable, reliable and productive supply chain. 

    That’s why our government is making investments like those at the Port of Burnie, and it is also why my department led a review earlier this year into the national freight and supply chain strategy. 

    In total, 71 submissions were received from a variety of stakeholders, including from maritime and associated peak bodies.

    Of course, I acknowledge and thank Ports Australia for their submission and engagement throughout the Review process.  

    The review found that while the foundations of the strategy remain strong, productivity, resilience, decarbonisation and data should be strengthened in the strategy and new National Action Plan.

    We are already doing the work of refreshing the strategy and action plan to address the findings of the review, and I look forward to updating you further in due course.

    But, of course, the findings of the review touch on challenges that are faced across our entire economy and society – none more so than the need to act to mitigate climate change. 

    The Albanese Government is committed to reducing greenhouse gas emissions to 43% below 2005 levels by 2030 and to achieving net zero emissions by 2050. 

    Achieving these ambitious economy-wide targets will require concerted action across all sectors, including this one. 

    Right now, transport contributes 21 percent of Australia’s direct emissions. 

    Adding to that challenge, transport is one of the hardest sectors to abate.

    So, our work here is vital.

    That is why we released the Transport Net Zero Roadmap for consultation earlier this year. 

    While that roadmap covered all modes of transport, it was of particular importance for the maritime sector.

    As we know, decarbonisation will rely on a combination of low carbon liquid fuels (LCLFs), hydrogen, electrification and efficiency improvements.

    Of these, LCLFs offer the clearest pathway for decarbonisation within liquid fuel-reliant sectors that cannot readily electrify in the near-term. 

    This includes maritime, aviation, heavy vehicle and rail, as well as mining, manufacturing and agricultural sectors.

    The bad news is that we need a lot of liquid fuels, but the good news is that Australia is well-placed with comparative advantages in the production of LCLFs: 

    • We have rich renewable energy resources; 
    • We use advanced farming practices that embody low carbon emissions;  
    • We are able to achieve economies of scale;
    • We have significant refining and port infrastructure; 
    • And we have the ability to both enable and encourage domestic fuel consumption, as well as support export capability.

    As part of our Future Made in Australia agenda, the Government is fast-tracking support for an LCLF industry.

    The government announced $18.5 million as part of the recent Budget, to support a domestic LCLF industry through the development of a certification scheme for those fuels.

    And $1.7 billion over the next ten years will go towards a Future Made in Australia Innovation Fund.

    This funding will be used in part to support nascent LCLF production technologies through research and development, to help de-risk developments, and to attract private sector investment.

    And we will continue to work with industry on further steps as needed.

    By successfully building a local LCLF industry we will increase fuel security, strengthen regional economies, diversify income streams for farmers, and meet our decarbonisation objectives – it’s hard to find a bigger win-win than that. 

    To speak even more specifically to the challenges of this sector, we’ve created a Maritime Emission Reduction National Action Plan, the MERNAP for short.

    The MERNAP aims to support Australia’s national emissions reduction targets, contribute to the global decarbonisation of shipping, and future-proof the Australian maritime sector to avoid costly and disruptive transitions later, ensuring an equitable transition, particularly for the maritime workforce, safeguarding jobs and skills for the future.

    The vision is that by 2050, Australia will fully leverage the global maritime decarbonisation transition, benefiting our ports, vessels, and the broader energy sector. 

    This will showcase Australia’s unique comparative advantages while supporting a fair and balanced transition for the industry.

    The MERNAP Consultative Group has played a vital role in shaping this action plan, and I’d like to acknowledge those here today, including: Maritime Industry Australia Limited, the Maritime Union of Australia, and of course, Ports Australia.

    To support the development of MERNAP, we undertook extensive public consultations that revealed to us that the future of the maritime sector will be powered by multiple energy sources, all of which will require new skills, and see us facing new challenges around technology readiness for alternative fuels. 

    Safety, operational efficiencies, and strong partnerships across the value chain will be critical to driving this transition.

    The Albanese Government remains committed to ensuring that Australia’s maritime industry is prepared for the future, ready to contribute to our national emissions targets, and able to thrive in a decarbonised global economy – including through initiatives like Green Shipping Corridors – partnering with nations, such as New Zealand, Singapore and South Korea. 

    I have focused a lot on what fuels our maritime sector, but there is, of course, an even more important element – the people who run it.

    I am proud to say that our plan to establish a Strategic Fleet is underway. 

    This fleet will provide assistance in times of crisis, supply chain disruption, or natural disaster. And it will support industries reliant on shipping, such as heavy manufacturing.

    Tenders to participate in the Strategic Fleet Pilot will close on 29 November. 

    Through this process, three vessels that will be privately owned and commercially operated will be selected for the pilot. 

    This is a major step towards fulfilling our commitment to establish a Strategic Fleet of up to twelve Australian flagged and crewed vessels. 

    This will strengthen our sovereign maritime capabilities while supporting our maritime workforce. 

    The creation of a strategic fleet is a central government policy that will shape our workforce for decades to come. 

    I strongly encourage all interested parties to take part in this process and to consider what role they can play.

    The tender process is being managed by my Department, which is seeking innovative tenders that will deliver the objectives of the Pilot Program. 

    These include providing the Commonwealth with certainty of access to the strategic fleet, to move cargo in times of need, crisis or national emergency. And to support of the needs of Defence —including in training and logistical capacities.

    The Albanese Government is seeking to have pilot vessels on the water as soon as possible.

    While it is not a silver bullet to solve all of the issues of our current and emerging seafarer shortage, the Strategic Fleet and the work being undertaken by Industry Skills Australia through the Maritime Industry Workforce Plan, will support our maritime workforce by increasing the amount of Australian qualified seafarers at a time of a growing global shortage. 

    The independent reviews of the Shipping Registration Act and the Coastal Trading Act being conducted by Ms Lynelle Briggs AO and Emeritus Professor Nicholas Gaskell will also contribute to the modernisation of Australia’s shipping regulatory framework, ensuring the Acts are fit for purpose and support the long-term sustainability of an Australian Maritime Strategic Fleet, and the maritime industry more broadly. 

    Public consultation has commenced and I encourage you all to make your voices heard.

    As you can see, there is a lot to do in your sector and we are a government that is determined to get on with doing it.

    The reforms the Albanese Government is delivering will do our part to support a productive, resilient supply chain, while positioning Australia to thrive in the new net zero economy.

    Thank you for having me, and all the best with the rest of your conference.

    ENDS

    MIL OSI News

  • MIL-OSI USA: Explore Autumn in Arkansas

    Source: United States House of Representatives – Congressman Bruce Westerman (AR-04)

    Explore Autumn in Arkansas

    Temperatures drop and the days get shorter, but Autumn in Arkansas brings a burst of red, orange, and gold as the landscape comes to life through the transformation of fall foliage. People across the country venture to our great state every year to drive along scenic Highway 7 or set up camp along the Buffalo National River to catch glimpses of the Natural State’s beauty. This changing of seasons is an encouraging reminder – the oppressive summer heat never lasts forever, and beauty and newness are always just around the corner.

    Charlie.Louree…


    October 22, 2024

    MIL OSI USA News

  • MIL-OSI USA: The Biden-Harris Attack on American Energy

    Source: United States House of Representatives – Congressman Bruce Westerman (AR-04)

    The Biden-Harris Attack on American Energy

    The Biden-Harris administration has continued to convey that America does not come first in their policies. Through reckless energy, mining, transportation, and regulatory policies, this administration has put a burden on Americans who are already struggling to feed and clothe their families. Last week, the Biden-Harris administration published data in the Federal Register which outlined cost figures for five residential energy sources: electricity, natural gas, No. 2 heating oil, propane, and kerosene.

    Charlie.Louree…


    October 25, 2024

    MIL OSI USA News

  • MIL-OSI Security: Albany — Route 1 – Trans-Canada Highway closed to all traffic near Albany Y

    Source: Royal Canadian Mounted Police

    The overhead road sign structure that spans the highway near the Albany Y, closest to Borden-Carleton, has collapsed.

    At approximately 7:30 p.m. on Tuesday, October 29, 2024 PEI RCMP responded to a call of traffic backing up on the Trans-Canada Highway near the Albany Y. It appears the overhead road signage directing traffic to Summerside or Charlottetown fell down across the entire highway. PEI RCMP are on scene and Provincial Department of Highways are also attending the incident. As a result, Route 1 – Trans-Canada Highway, is closed to traffic in both directions near the Albany Y at Borden-Carleton.

    Detours will be in place and motorists are asked to use caution in this area. Anyone travelling in the area is asked to follow all instructions from safety personnel. Delays can be expected until the road is cleared. Updates will be provided on PEI RCMP social media.

    MIL Security OSI

  • MIL-OSI USA: Baldwin Delivers Nearly $450,000 to Lower Prices at the Pump in Northwest Wisconsin

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin
    WEBSTER, WI – Today, U.S. Senator Tammy Baldwin (D-WI) announced that Wisconsin will receive more than $445,000 to lower prices at the pump and give Wisconsinites cleaner fuel options. The funding comes from the U.S. Department of Agriculture’s Higher Blends Infrastructure Incentive Program, funded by the Baldwin-backed Inflation Reduction Act.  
    “Homegrown biofuels reduce our dependence on foreign oil, lower prices at the pump, and support Wisconsin farmers,” said Senator Baldwin.  “I was proud to vote to provide this funding to keep our Made in Wisconsin economy moving forward, cut costs for families, and support our small towns and rural communities like Webster.”
    Connor’s Service Station in Webster, Wisconsin will use the funding to install two E15 fuel dispensers, two B20 dispensers, one ethanol storage tank, and one biodiesel storage tank. The project is expected to increase the amount of biofuel sold by nearly 224,000 gallons per year.
    Senator Baldwin has long championed increasing the use of biofuels to reduce prices at the pump and support Wisconsin’s farmers, producers, and rural communities. Last year, Senator Baldwin successfully pushed the Biden administration to allow E15 fuel to be sold during the summer months.  

    MIL OSI USA News

  • MIL-OSI USA: Reed Delivers $1.5 Million for Expansion of Bryant School of Health & Behavioral Sciences

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    SMITHFIELD, RI – In an effort to help bridge health care education and train more mental health clinicians, U.S. Senator Jack Reed today joined students, educators, and Bryant University leadership to deliver a $1.5 million federal earmark to strengthen health and behavioral sciences instruction and prepare more mental health care and health professionals to enter the local workforce.

    The $1.5 million federal earmark secured by Senator Reed is for Bryant University’s School of Health and Behavioral Sciences (SHBS) and its new doctoral program in clinical psychology (Psy.D.), which will launch next fall and be the first program of its kind in Rhode Island.

    The funding secured by Senator Reed will support renovation and expansion of SHBS to more than double its current footprint and house state-of-the-art teaching and research labs that will support Bryant’s curricular efforts to foster the development of a modern health care workforce.

    “Across the nation, communities and states need more mental health professionals who have the skills needed to effectively treat patients.  By expanding Bryant’s School of Health and Behavioral Sciences to include new, state-of-the-art lab and class spaces, the university is helping to address pressing needs and produce more well-trained health care providers who will graduate with hands-on experience in diverse clinical settings,” said Senator Reed, a member of the Senate Appropriations Committee.  “I salute Bryant for the outstanding work they do to build our future health care workforce and to address our nation’s mental health crisis.  This $1.5 million earmark will help them advance their important mission, expand Bryant’s health footprint, and train more highly-skilled health care and mental health care professionals to serve in high-demand environments.”

    “We are grateful to Senator Reed for enabling Bryant University to advance its ability to address the healthcare shortage in Rhode Island,” said Bryant University President Ross Gittell, Ph.D. “Aligned with our Vision 2030 priorities, this federal funding allows Bryant to put in place state-of-the-art behavioral health facilities as we launch Rhode Island’s only Doctor of Clinical Psychology (Psy.D.) program.”

    Provost and Chief Academic Officer Rupendra Paliwal, Ph.D., said, “This earmark not only enhances our facilities but also empowers us to train the next generation of healthcare practitioners, especially in the critical field of mental health. Our new Psy.D. will provide learners with a cutting-edge education that will prepare them to address the pressing mental health needs of our communities upon graduation.”

    Senator Reed joined Bryant University President Dr. Ross Gittell, Provost and Chief Academic Officer Dr. Rupendra Paliwal, Director of SHBS Dr. Kirsten Hokeness, and Associate Director of SHBS and President of the RI Psychological Association Dr. Joseph Trunzo to tour the SHBS, discuss plans for the two-phase expansion project, and to meet with students currently enrolled in the program.

    Phase 1 of the expansion of campus science facilities will directly support the growth of Bryant’s Psy.D. program. The first phase will include:

    • Behavioral Health/Psychology suite including seven observation and counseling labs, cognitive and psychophysiology labs, and a child development center.

    Phase 2 of the expansion will include:

    • Six teaching labs and a healthcare informatics lab;
    • Six research labs supporting faculty and student research programs and a shared health care informatics lab which can serve as a core facility for the state; and
    • Laboratory prep areas, chemical storage, and waste rooms.

    Bryant University launched its new School of Health and Behavioral Sciences in 2022 as part of Bryant’s Vision 2030 Strategic Plan, building on successful programs like the university’s Master of Physician Assistant (PA) program.

    MIL OSI USA News

  • MIL-OSI New Zealand: Podiatry prescribers will boost patient care

    Source: New Zealand Government

    Health Minister Dr Shane Reti and Associate Minister David Seymour say it’s great news that podiatrists will soon be able to prescribe medicines, meaning patients with painful foot and leg conditions don’t have to make a separate trip to the doctor.

    “This simple step means a big change for people suffering from painful foot injuries and leg conditions, and it’s also an important recognition for podiatrists,” says Dr Reti.

    “I’m very pleased to announce that the Government intends to take the proposed changes to Cabinet before the end of this year.

    “The change will see podiatrists joining other health professions with designated prescribing authority, including specifically trained nurses, dieticians, and pharmacists.

    “The change will bring New Zealand into line with a number of other countries, including Australia, Canada, the US and UK.”

    David Seymour says the change allows for more direct access to health care, and savings for both people and the health system.

    “For too long, podiatrists have been restricted to providing a limited number of pharmacy-only or restricted medicines for skin care treatments or small surgical procedures.

    “That limits their scope. Additionally, stepping up with additional training and allowing a greater level of prescribing by podiatrists will assist those with high health needs and reduce the costs and delays for patients if additional doctor’s visit had been required.

    “The change will also make better use of the country’s nearly 500 podiatrists who usually work in community settings, and in rural areas.

    “We know conditions like shin splints and bunions can be extremely painful and that getting pain relief that is only available on prescription has often meant needing to see a GP as well. 
    “As a Government, we want to make healthcare as easy to access as possible, and this change is an important step towards that,” says David Seymour.  

    The change also recognises the often pivotal role podiatrists play in reducing the risk of limb amputations for people with chronic health conditions like diabetes.

    The Ministry of Health is currently developing the list of medicines that specially trained podiatrists will be able to prescribe, and list is likely to be completed in the first half of next year.

    MIL OSI New Zealand News

  • MIL-OSI USA: ICYMI: Tuberville in the Daily Caller: The Dangerous Biden-Harris Plan to Leave Our Veterans Behind

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    “As one VA provider pointed out, this delay in critical healthcare could put us on the path to a ‘mass casualty event.’”
    WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) penned an op-ed in the Daily Caller about how the Biden-Harris administration is limiting community care access for veterans. Community care is essential to veterans across the country, specifically those in rural areas. In the piece, Senator Tuberville calls for slashing the bureaucratic red tape keeping veterans from receiving the pivotal care they deserve and emphasizes the need to change course before it is too late.
    Read excerpts from the piece below or here. 
    “Over the last four years, the Biden-Harris administration has made it clear its priorities lie anywhere but with America’s military service members.
    It was apparent in the disastrous Afghanistan withdrawal that left 13 service members dead. It was obvious when the Department of Defense forced extreme DEI requirements on our troops and discharged service members who had legitimate concerns about taking the COVID-19 vaccine.
    We hear it time and again with the White House’s rhetoric that now has us teetering on the brink of another World War — an event which would drag our sons and daughters into more foreign wars on behalf of interests that are not our own. 
    Which is why it comes as no surprise that the Biden-Harris administration is severely limiting veterans’ access to timely care. Access to community care is an essential health care option that can meet the various needs and circumstances for our veterans — especially those living in rural areas.
    The Community Care Network allows veterans to seek care from a provider who may be closer to the veteran in proximity than the nearest Department of Veterans Affairs (VA) facility, or who may have a shorter wait time than a comparable provider in the VA. It’s something that the brave men and women who have served our country need more access to, not less.”
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, and HELP Committees.

    MIL OSI USA News

  • MIL-OSI USA: McConnell Helps Secures $1 Million in Federal Funding for Capital City Airport in Frankfort

    US Senate News:

    Source: United States Senator for Kentucky Mitch McConnell

    WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) announced today the U.S. Department of Transportation will provide $1 million to the Capital City Airport in Frankfort, Kentucky to support the redevelopment of the terminal. According to airport officials, the federal funding will be used to construct a new, modern two-story facility that will expand passenger access, increase airfield safety, and support aviation career training programs. 

    Senator McConnell contacted the U.S. Secretary of Transportation in support of the airport’s competitive grant application for this project.

    The federal grant is funded through the U.S. Department of Transportation’s Airport Terminal Program, established in the bipartisan Infrastructure Investment and Jobs Act (IIJA). Senator McConnell led the IIJA to Senate passage in 2021, and the President signed the bill into law. The IIJA gives Kentucky billions of federal dollars over five years to improve the Commonwealth’s roads, bridges, railroads, riverports, airports, broadband, and more.

    “Today’s announcement is great news for Frankfort and all of Central Kentucky, providing additional funding to overhaul and modernize a new terminal at Capital City Airport. I look forward to this project’s progression and will continue to deliver for Kentucky’s airports in the years ahead,” said Senator McConnell. 

    MIL OSI USA News

  • MIL-OSI USA: McConnell Helps Secure $1 Million in Federal Funding for Capital City Airport in Frankfort

    US Senate News:

    Source: United States Senator for Kentucky Mitch McConnell

    WASHINGTON, D.C. – U.S. Senate Republican Leader Mitch McConnell (R-KY) announced today the U.S. Department of Transportation will provide $1 million to the Capital City Airport in Frankfort, Kentucky to support the redevelopment of the terminal. According to airport officials, the federal funding will be used to construct a new, modern two-story facility that will expand passenger access, increase airfield safety, and support aviation career training programs. 

    Senator McConnell contacted the U.S. Secretary of Transportation in support of the airport’s competitive grant application for this project.

    The federal grant is funded through the U.S. Department of Transportation’s Airport Terminal Program, established in the bipartisan Infrastructure Investment and Jobs Act (IIJA). Senator McConnell led the IIJA to Senate passage in 2021, and the President signed the bill into law. The IIJA gives Kentucky billions of federal dollars over five years to improve the Commonwealth’s roads, bridges, railroads, riverports, airports, broadband, and more.

    “Today’s announcement is great news for Frankfort and all of Central Kentucky, providing additional funding to overhaul and modernize a new terminal at Capital City Airport. I look forward to this project’s progression and will continue to deliver for Kentucky’s airports in the years ahead,” said Senator McConnell. 

    MIL OSI USA News

  • MIL-OSI USA: Attorney General Bonta: Providence St. Joseph Hospital to Fully Comply with California’s Emergency Services Law

    Source: US State of California Department of Justice

    Tuesday, October 29, 2024

    Contact: (916) 210-6000, agpressoffice@doj.ca.gov

    Stipulation resolves Attorney General Bonta’s motion for preliminary injunction in the case

    OAKLAND – California Attorney General Rob Bonta secured a stipulation from Providence St. Joseph Hospital that will ensure the hospital follows California law while the case proceeds. The stipulation follows the Attorney General’s lawsuit alleging that the hospital violates multiple laws, including California’s Emergency Services Law (ESL) by, as a matter of policy, denying pregnant patients the emergency abortion care they need. The stipulation, which is subject to court approval, resolves the Attorney General’s preliminary injunction motion, as Providence voluntarily agreed to comply with all the terms the Attorney General requested in its proposed injunction. The lawsuit remains ongoing.

    “While Providence St. Joseph should have been complying with state law up to now, thereby avoiding the harm and trauma to Californians they caused, I am pleased that the hospital has agreed to fully comply with the law going forward, ensuring access to life-saving health services including emergency abortion care,” said Attorney General Bonta. “At the California Department of Justice, we believe that abortion care is healthcare. We will ensure that this right is upheld and will continue to hold accountable those who break the law.” 

    Under the stipulation, the hospital will specifically:

    • Allow its physicians to terminate a patient’s pregnancy whenever the treating physicians determine in their professional judgment that failing to immediately terminate the pregnancy would be reasonably expected to place the patient’s health in serious jeopardy; result in serious impairment to the patient’s bodily functions; or result in serious dysfunction of any bodily organ or part of the patient.
    • Comply with ESL’s pre-transfer treatment requirements. In particular, Providence Hospital may not transfer a pregnant patient without first providing emergency services and care (including where applicable terminating a pregnancy) such that there is a reasonable medical probability that the transfer or the delay caused by the transfer will not result in a material deterioration in the medical condition in, or jeopardy to, the patient’s medical condition or expected chances for recovery.
    • Follow the policy and protocol requirements of the ESL under Health & Safety Code section 1317.2.  In particular, Providence Hospital may not “discharge” patients with instructions to self-transport to another facility and Providence Hospital must comply will all applicable protocols and regulations for transfers prescribed by the California Department of Public Health. 
    • That Providence “without admitting any liability related to the claims asserted in this Action and consistent with its high standards for safe, quality, compassionate care; and the People, without waiving any allegations regarding the hospital’s prior conduct as detailed in the Complaint, agrees to fully comply with California’s ESL, Health & Safety Code section 1317, et. seq. with respect to pregnant patients experiencing emergency medical conditions.”

    A copy of the parties’ stipulation can be found here.

    # # #

    MIL OSI USA News

  • MIL-OSI USA: Governor Hochul Attends Nava Diwali Festival

    Source: US State of New York

    Earlier today, Governor Hochul delivered remarks and attended the Nava Diwali Festival to honor and celebrate Diwali, the largest holiday that takes place across South Asia and Indo-Caribbean communities each year in the fall.

    VIDEO: The event is available to stream on YouTube here and TV quality video is available here (h.264, mp4).

    AUDIO: The Governor’s remarks are available in audio form here.

    PHOTOS: The Governor’s Flickr page will post photos of the event here

    A rush transcript of the Governor’s remarks is available below:

    Thank you, Mr. President. It’s always great to be back here celebrating this most beautiful of holidays. I want to thank Melinda Katz for being one of the hosts every year, inviting us and all of the elected officials, my partners in government. But this is about the community. This is about the community coming together at a time when it seems like we’re so divided, that the politics is so ugly and people are not feeling united in one cause.

    This candle lighting reminds us that we are together in this journey. That light will always prevail over darkness. And goodness over evil. And if we keep those values in mind, we will persevere and prevail over all the negativity that seems to permeate our politics and our society today. So, let us leave here refreshed and renewed in the belief that lightness – light will prevail, and goodness will prevail over evil.

    Those are such important values to all of us in this wonderful community. I thank all of you for the honor of being your Governor. Thank you everyone. Thank you to all of our elected officials as well.

    MIL OSI USA News

  • MIL-OSI USA: Senators Reverend Warnock, Ossoff Announce Over $48 Million in Federal Funding for Clean Energy Upgrades at Savannah, Brunswick Ports 

    US Senate News:

    Source: United States Senator Reverend Raphael Warnock – Georgia

    Senators Reverend Warnock, Ossoff Announce Over $48 Million in Federal Funding for Clean Energy Upgrades at Savannah, Brunswick Ports 

    Federal funds made possible by the Inflation Reduction Act, championed by Georgia’s U.S. Senators for its investments in Georgia’s clean energy economy
    Georgia Ports Authority to receive over $48 million to install new electric charging infrastructure for ships at the Port of Savannah and the Port of Brunswick
    Senator Reverend Warnock penned a letter of support for GPA’s bid to receive federal funding for clean energy infrastructure upgrades
    In addition to boosting the local economy, this grant will result in less smog from diesel emissions for surrounding port communities, strengthening air quality and the health of dock workers 
    Earlier this year, Georgia’s U.S. Senators announced over $15 million in clean energy and infrastructure investments for the Port of Savannah
    Senator Reverend Warnock: “As a son of coastal Georgia, I know the importance of Georgia’s ports and its workers to our state and national economies. As we continue moving toward a clean energy economy, it is critical Georgia and its workers remain on the frontlines of these federal investments and reap the benefits of our hard work in Washington”
    Senator Ossoff: “Today we are delivering new resources through the EPA’s Clean Ports program to upgrade the Port of Savannah and the Port of Brunswick with vessel shore power systems and install new electric charging infrastructure. This is a win-win for our economy and for local communities”

    Washington, D.C. —  Today, U.S. Senators Reverend Raphael Warnock (D-GA), a member of the Senate Commerce committee charged with overseeing the nation’s transportation policies, and Jon Ossoff (D-GA) announced they secured $48,763,746 to install new electric charging infrastructure for ships at the Port of Savannah and the Port of Brunswick. The funding will go to the Georgia Ports Authority (GPA) to invest in the vessel shore power systems, which will allow ships to ‘plug-in’ to electric grid power and turn off diesel engines while at port. In addition, the project includes the scrappage and replacement of diesel terminal tractors with new electric terminal tractors. GPA plans to engage with communities through their network and conduct classroom and on-the-job training for workers related to shore power, zero-emission vehicles, and charging stations. In addition to boosting the local economy, this grant will result in less smog from diesel emissions for surrounding port communities, helping enhance overall quality of life. The decrease in diesel emissions will also strengthen air quality, and in turn, the health of dock workers spending long hours keeping our ports running. This latest investment reflects both senators’ commitment to bolstering Georgia’s clean energy infrastructure, helping Georgia’s ports maintain their competitive edge in the U.S. economy, and ensuring workers receive the support and training needed in an evolving economy. 

    “As a son of coastal Georgia, I know the importance of Georgia’s ports and its workers to our state and national economies. As we continue moving toward a clean energy economy, it is critical Georgia and its workers remain on the frontlines of these federal investments and reap the benefits of our hard work in Washington, which is why I was proud to champion this award for the Georgia Ports Authority,” said Senator Reverend Warnock. “Senator Ossoff and I will continue delivering investments for Georgia’s ports to keep our state at the forefront of the nation’s clean energy economy.”

    “Senator Warnock and I continue working to upgrade Georgia’s port infrastructure and establish Georgia as the national leader in advanced energy technology. Today we are delivering new resources through the EPA’s Clean Ports program to upgrade the Port of Savannah and the Port of Brunswick with vessel shore power systems and install new electric charging infrastructure. This is a win-win for our economy and for local communities,” said Senator Ossoff.

    The latest announcement is part of a larger set of awards unveiled by the U.S. Environmental Protection Agency that includes 55 applicants across 27 states and territories to receive nearly $3 billion through EPA’s Clean Ports Program. The grants are funded by the Inflation Reduction Act—the largest investment in combating climate change and promoting clean energy in history, and legislation only made possible by Georgia voters electing Senators Warnock and Ossoff to cast the decisive votes—and will advance environmental justice by reducing diesel air pollution in U.S. ports and surrounding communities while promoting good-paying and union jobs that help America’s ports thrive.

    A longtime advocate for strong federal funding for Georgia’s ports, this latest effort follows Senator Warnock’s bipartisan, bicameral push with Georgia’s full congressional delegation urging officials to study expanding the Port of Savannah to ensure it can continue accommodating increasingly large container vessels. Earlier this year, Senators Warnock and Ossoff announced over $15 million in clean energy and infrastructure investments for the Port of Savannah. Also this year, Senator Warnock successfully secured $11.3 million for the Brunswick Harbor through the FY ’24 government funding bill for modifications to improve the efficiency, cost and reliability of ship traffic in the harbor, as well as $44.7 million for the Savannah Harbor to support operations and maintenance. Additionally, in January 2024, Senators Warnock and Ossoff announced a $15 million federal grant to the Port of Brunswick for critical infrastructure upgrades, funded through the Bipartisan Infrastructure Law championed by both Georgia senators.

    In May 2023, Sen. Ossoff and EPA Administrator visited the Port of Savannah to announce the Clean Ports Program and the availability of funding to electrify transportation and logistics to reduce air pollution.

    MIL OSI USA News

  • MIL-OSI Security: Remarks by Deputy Secretary of Defense Kathleen H. Hicks at the 2024 Microelectronics Commons Annual Meeting (As Delivered)

    Source: United States INDO PACIFIC COMMAND

    Good morning, everybody. Thank you, Dr. [Dev] Shenoy, first, for the introduction, and thanks to all of you in the defense research and engineering enterprise, for what you do every day to lead us.

    It’s a privilege to be with all of you for this second annual meeting of the Microelectronics Commons. And it’s remarkable to see how much this community has flourished in just the past year.

    Now, I won’t bother preaching to this choir about why semiconductors matter. Whether you found religion lately or long ago, you’re all here because you get it.

    Yet even people who can fully grasp how chips enable our phones, fridges, cars, and so much of what’s essential to modern life — even scientists and technologists who are steeped in the intricacies of how they’re made — even they may not always consider why chips might be so important to the U.S. Department of Defense.

    But over at the Pentagon, we think about that all the time. Because microelectronics are fundamental to the operation of virtually every military system: ships, planes, tanks, long-range munitions, communication gear, satellites, sensors, and more.

    Every day, from the Indo-Pacific to the North Atlantic to the Middle East and beyond — from the ocean floor to outer space to cyberspace — as American warfighters stand the watch, they depend on chips to help them defend our country, our allies and partners, and our interests.

    Microelectronics are at the heart of practically everything you can imagine U.S. troops using. Radios. Radar. Night-vision goggles. GPS. Battle networks. Avionics that enable dagger-shaped stealth bombers to fly. WiFi.

    America’s vibrant innovation ecosystem made it all possible, through collaboration going back decades across government, academia, and industry, encompassing businesses large and small.

    You are the heirs to that legacy. And as our nation has embarked on a quest to reignite U.S. leadership in not only chip research and design, but also prototyping, manufacturing, and production at scale, you are cementing your own legacy.

    And you’ve already done a lot.

    One year ago, shortly after we announced the first Microelectronics Commons awards, we had more than 360 distinct member organizations located across 35 states, the District of Columbia, and Puerto Rico. And we thought that was pretty impressive.

    But as of today, the Commons boasts over 1,200 member organizations. Meaning this community has more than tripled in size, in just 12 months. Now that’s really impressive. And with that growth, our reach has expanded to even more states, like Arkansas, Maine, Nevada, and Wisconsin.

    One year ago, we’d already awarded nearly $240 million to stand up eight regional innovation hubs, reflecting the talent and ingenuity resident all over the country. And that was just the beginning.

    Because, as of today, we’ve awarded nearly $700 million toward this endeavor’s goal of bridging the microelectronics gap from lab-to-fab — that infamous valley of death between research and development and production.

    Not only does that number include the latest round of nearly three dozen project awards announced just a few weeks ago- it also represents a tripling of our total investment. And there will be more to come.

    The CHIPS and Science Act is a “once-in-a-generation investment in America itself,” as President Biden said when he signed it into law.

    CHIPS was a bipartisan victory for U.S. national security and economic security — a win that will echo through history for years to come.

    It proved that we can still do big things, that our best days are still ahead — sparking programs and initiatives across the Biden-Harris Administration, and across the Department of Defense, where we work closely with the Department of Commerce and many other interagency colleagues on CHIPS implementation.

    The CHIPS Act made clear to America — and the world — that the U.S. government is united in its commitment to ensuring that our industrial and scientific powerhouses can deliver what we need to secure the future.

    And we’re united beyond the U.S. government.

    Take industry: right now we’re living through an era in which a new generation of defense-tech startups and scale-ups is disrupting America’s defense industrial base. That’s welcomed, because competition is good for the taxpayer and good for the warfighter.

    So you might expect to see the newcomers and the mainstays always eying each other warily, contesting whose products are better, and rarely collaborating or finding common cause.

    Yet that’s not the case with our regional innovation hubs in the Northeast, Midwest, and Southwest. They’ve given a home to both traditional primes, such as Lockheed Martin, Northrop Grumman, and RTX, and newer venture-backed companies, like Anduril, Epirus, and Tignis.

    Why? Because chips bring America together.

    Or take academia. Right now, in the midst of college football season, fans might expect the likes of Purdue, Notre Dame, Michigan, and Illinois Urbana-Champaign to be at each other’s throats well into January.

    But at the Silicon Crossroads hub, all four of those universities are benefitting from a trusted environment that’s fostering collaborative innovation — creating a unified research and prototyping capability where they’re accelerating their unique nanofabrication and test facilities for industry to access.

    And you could even say that the Midwest Microelectronics Consortium hub is like the Big Ten Conference, but for semiconductors. (Laughter.) It’s now the largest hub with over 360 members nationwide, hailing from every time zone in the continental United States: Pacific, Mountain, Central, and Eastern. There’s even one hub member in Hawaii. 

    Why? Because chips bring America together.

    Look no further than the Defense-Ready Electronics and Microdevices Superhub, which recently began processing its first outside customer orders. With the nickname “California DREAMS,” it has members from Pasadena, L.A., San Diego, and Santa Barbara — but it also has members from Baltimore, Maryland; Greensboro, North Carolina; and Fort Worth, Texas.

    Like I said, chips bring America together. And this work is expanding opportunity as it does so — broadening the number of people and places that support our growing national semiconductor ecosystems, building the workforce pools and talent pipelines that America needs to stay ahead, and bringing new hotbeds of local innovation into the fold.

    That’s you. You’re doing this.

    At hubs in Massachusetts and New York, you’re helping prepare military veterans for careers in microelectronics.

    And you’re also reaching talent at historically-black colleges and universities, like Morgan State University and North Carolina A&T, advancing areas like electromagnetic warfare, 5G and 6G wireless, and commercial leap-ahead technologies.

    Across the country, this network of hubs now represents a committed community — of innovators, transition owners, academic leaders, defense industry stakeholders, government program managers, and prototyping and manufacturing facilities, that are together accelerating microelectronics development and production — all to meet DoD’s needs, and many with dual-use applications.

    It’s been exciting to see our vision for the Microelectronics Commons become a reality over the last year. And we’re looking forward to the progress that we’ll see in the years to come: as the hubs continue to evolve their operational models, as new projects get awarded and funded, and as our investments deliver for the warfighter at greater speed and scale.

    Together, you exemplify what America can do when we’re faced with a pressing challenge.

    You’re showing the world — and especially our strategic competitors — what we’re capable of.

    And I know you won’t let us down.

    Thank you.

    MIL Security OSI

  • MIL-OSI New Zealand: Guatemala

    Source: New Zealand Ministry of Foreign Affairs and Trade – Safe Travel

    • Reviewed: 30 October 2024, 15:01 NZDT
    • Still current at: 30 October 2024

    Related news features

    If you are planning international travel at this time, please read our COVID-19 related travel advice here, alongside our destination specific travel advice below.

    Avoid non-essential travel to the following areas due to violent crime (level 3 of 4):

    • within 5km of the Mexican border from the Pacific Coast up to and including the Gracias a Dios crossing
    • to the towns of Santa Ana Huista, San Antonio Huista and La Democracia in the department of Huehuetenangodue.

    Exercise increased caution elsewhere in Guatemala due to violent crime and civil unrest (level 2 of 4).

    Guatemala

    Violent Crime
    Guatemala has a high violent crime rate. Criminal acts often involve firearms and may include armed robbery, kidnapping, sexual assault and murder. The majority of this crime is drug and gang-related, however, violence can be indiscriminate and occur in areas frequented by tourists.

    New Zealanders in Guatemala should remain security conscious and exercise a high degree of caution at all times. This includes in Guatemala City and other major cities, public areas and tourist destinations including Tikal, Petén, Antigua, Volcán de Pacaya and Lake Atitlán.

    Sexual assault remains a risk. There have been incidents of drink spiking in tourist areas such as Antigua. We advise New Zealanders to exercise a high degree of caution and avoid travelling alone, especially at night.

    Pickpockets and bag snatchers are prevalent in major cities and tourist sites, especially in central markets. We advise New Zealanders to take steps to safeguard and secure their personal belongings.

    “Express kidnappings” have also been reported in Guatemala, where criminals abduct a victim for a short amount of time and force them to withdraw funds from their bank account. To reduce the risk of this occurring we recommend you use ATMs that are located within bank branches and during daylight hours only. We also recommend you avoid displaying or wearing items that appear valuable, such as mobile devices and jewellery. No resistance should be given if you are the victim of crime as this could lead to an escalation in violence. Victims have been killed and injured attempting to resist perpetrators.

    When travelling to remote areas, including to volcanoes, it may be safer to travel with others or a reputable tour company. The Guatemalan Government PROATUR service offers tourist advice and security escorts for travel around the country.

    Road Travel
    Inter-city travel can be dangerous, particularly after dark. There have been reports of armed robbery and bus/carjackings affecting tourists on a number of travel routes, including along main highways and the road to and from the international airport in Guatemala City. Armed criminals have been known to set up roadblocks and pose as police officers. If travelling by road, you should keep doors locked, valuables out of sight and windows up at all times. Wherever possible travel in a convoy and avoid all travel after dark.

    Travel on local public buses (“chicken buses”) should be avoided for safety and security reasons as they are usually overloaded and there have been armed attacks by gangs and incidents of crime against foreigners on buses. Radio-dispatched or hotel taxis are the safest option as there have been robberies and assaults associated with unofficial taxis. Prepaid vouchers can also be purchased from the INGUAT (tourist office) in the arrivals terminal.

    Borders
    Special care should also be taken in border areas with Belize, Mexico, Honduras and El Salvador and at border crossings due to organised crime and drug-related violence. Allow enough time for border formalities so that you can arrive at your destination before dark.

    Seismic Activity
    Guatemala lies in a seismically active zone with four active volcanoes, and the possibility of an eruption always exists. Previously volcanic activity has forced evacuation of nearby visitors. Tremors are common, so familiarise yourself with earthquake safety measures. Travellers should be aware of the possibility for travel disruptions in the event of seismic or volcanic activity. Monitor levels of volcanic activity through the local media, and follow any alerts or instructions from local authorities.

    Civil Unrest
    Protests and demonstrations, including strike action and roadblocks, occur across Guatemala and have the potential to turn violent with little notice. They can cause disruptions to traffic and essential services. We recommend you avoid large gatherings, monitor the local media for updated security information and follow any instructions issued by local authorities, including curfews. Participation in demonstrations by foreigners is illegal and may result in detention and expulsion from the country.

    General Travel Advice
    Carry a photocopy or certified true copy of your passport as a form of personal identification when travelling.

    Penalties for possession, use or trafficking of illegal drugs are severe and can include lengthy imprisonment or fines.

    Do not take photographs of children without permission. Many people in Guatemala fear that children are being kidnapped for adoption or for theft of vital organs, and foreigners have been caught up in violent incidents related to accusations and fears of child kidnapping. Photography of government buildings, airports and military establishments is prohibited, and could result in detention. If in doubt, don’t take a picture.

    Medical facilities are limited outside Guatemala City. New Zealanders in Guatemala should have a comprehensive travel insurance policy in place that includes provisions for adventure activities and medical evacuation by air.

    New Zealanders in Guatemala are encouraged to register their details with the Ministry of Foreign Affairs and Trade.

     

    Travel tips


    The New Zealand Embassy Mexico City, Mexico is accredited to Guatemala

    Street Address Jaime Balmes No 8, 4th Floor, Los Morales, Polanco, Mexico D.F. 11510 Telephone +52 55 5283 9460 Fax +52 55 5283 9480 Email nzmexico@mfat.govt.nz Web Site http://www.mfat.govt.nz/mexico Hours Mon – Fri 0930 – 1400

    New Zealand Honorary Consulate Guatemala City, Guatemala

    Street Address 13 Calle 7-71, Zona 10, Guatemala City 01010, Guatemala Telephone (+502) 2360-8276 Alternate Telephone (+502) 2360-4961 Fax +502 2431 3742 Email kiwiguatemala@gmail.com

    See our regional advice for Central/South America

    MIL OSI New Zealand News

  • MIL-OSI Video: Secretary Blinken delivers remarks on American Diplomacy for a New Era – 9:15 AM

    Source: United States of America – Department of State (video statements)

    Secretary of State Antony J. Blinken delivers remarks on American Diplomacy for a New Era at the Foreign Service Institute, on October 30, 2024.

    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
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    Subscribe to the State Department Blog: https://www.state.gov/blogs
    Watch on-demand State Department videos: https://video.state.gov/
    Subscribe to The Week at State e-newsletter: http://ow.ly/diiN30ro7Cw

    State Department website: https://www.state.gov/
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    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=Yb_OWZ9IDnE

    MIL OSI Video