Category: Americas

  • MIL-OSI: Satellogic Reports First Quarter 2025 Financial Results and Provides Business Update

    Source: GlobeNewswire (MIL-OSI)

    Revenue of $3.4 million in 1Q 2025

    Domestication to U.S. Completed

    Awarded $30 Million Contract for AI-First Constellation and Closed $20 Million Registered Direct Offering

    NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) — Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (“EO”) data collection, today provided a business update and reported its financial results for the three months ended March 31, 2025.

    “The year is off to a great start with our recent announcements in April related to our $30 million low latency, near-daily AI-first constellation contract, our sovereign defense and intelligence imagery sales to Brazil and Singapore, and the closing of a registered direct offering in which we received $20 million in gross proceeds, which further strengthened our liquidity position. These milestones, coupled with the completion of our domestication during the first quarter, positions Satellogic to focus on significant growth opportunities, underscoring the value of our data insights and technology,” said Satellogic CEO, Emiliano Kargieman.

    Rick Dunn, Chief Financial Officer, added, “In terms of financial results, we ended the quarter with $17.7 million of cash on hand (which does not include the proceeds from the aforementioned offering) and continued to reduce our cash used in operations by $5.4 million, or 53%, compared to the three months ended March 31, 2024. Our revenue also increased modestly by 2% to $3.4 million compared to the prior year period.”

    “We expect that our revenue for 2025 will largely be dependent on closing opportunities within our Space Systems line of business, which we anticipate will contribute considerable per unit cash flow and strong gross margin. As we look to 2025 and beyond, management continues to focus on near-term growth opportunities and moving the Company forward on a path to profitability,” concluded Dunn.

    Financial Results for the Three Months Ended March 31, 2025

    • Revenue for the three months ended March 31, 2025, increased by $0.1 million, or 2%, to $3.4 million, as compared to revenue of $3.3 million for the three months ended March 31, 2024. The increase was driven primarily by a $0.4 million increase in imagery ordered by new and existing Asset Monitoring customers, partially offset by a $0.4 million decrease in revenue generated from the Space Systems business line. Revenue for the three months ended March 31, 2025 included $2.6 million attributable to our Asset Monitoring line of business, $0.4 million attributable to our Space Systems line of business, and $0.4 million attributable to our CaaS line of business compared to $2.2 million, $0.7 million and $0.4 million, respectively, in the prior period.
    • Cost of Sales, exclusive of depreciation, decreased $0.1 million, or 5%, to $1.2 million for the three months ended March 31, 2025 from $1.3 million for the three months ended March 31, 2024. The decrease was driven primarily by lower Space Systems costs on lower sales volume, partially offset by higher outsourced ground station costs. However, as a percentage of revenue, our cost of sales were 37% for the three months ended March 31, 2025, as compared to 39% for the three months ended March 31, 2024.
    • Selling, General and Administrative expenses decreased $2.9 million, or 31%, to $6.5 million during the three months ended March 31, 2025, from $9.4 million for the three months ended March 31, 2024. The decrease was driven primarily by a $0.5 million decrease in professional fees consisting mainly of the accrued advisory fee pursuant to the Liberty Subscription Agreement and professional fees related to the secured convertible notes in 2024, partially offset by professional fees related to our domestication in 2025. The decrease was also partially driven by decreases in salaries, wages, stock-based compensation and other benefits as a result of the Company’s workforce reductions in 2024 and other expense reductions resulting from continued cash control measures during 2024.
    • Engineering expenses decreased $1.9 million, or 43%, to $2.5 million for the three months ended March 31, 2025 from $4.4 million for the three months ended March 31, 2024. The decrease was driven primarily by a decrease in salaries, wages, and other benefits and stock-based compensation as a result of the Company’s workforce reductions in 2024. The decrease was also partially driven by other expense reductions resulting from continued cash control measures during 2024, including the termination of our high-throughput plant lease in the Netherlands.
    • Net loss for the three months ended March 31, 2025, increased by $17.4 million to $32.6 million, as compared to a net loss of $15.2 million for the three months ended March 31, 2024. The increase was primarily driven by an increase in the change in fair value of financial instruments ($21.6 million) and other (expense) income, net ($1.6 million) offset by increases in revenue and decreases in operating costs.
    • Non-GAAP Adjusted EBITDA loss for the three months ended March 31, 2025, improved by $3.1 million to $6.1 million, from an Adjusted EBITDA loss of $9.1 million for the three months ended March 31, 2024, primarily due to year-over-year increases in revenue and decreases in operating expenses.
    • Cash and Cash Equivalents were $17.7 million at March 31, 2025, compared to $22.5 million at December 31, 2024.
    • Net cash used in operating activities was $4.7 million for the three months ended March 31, 2025, compared to $10.1 million for the three months ended December 31, 2024. This decline in net cash used by operations was primarily due to workforce reduction and overall cost control initiatives.

    Use of Non-GAAP Financial Measures

    We monitor a number of financial performance and liquidity measures on a regular basis in order to track the progress of our business. Included in these financial performance and liquidity measures are the non-GAAP measures, Non-GAAP EBITDA and Non-GAAP Adjusted EBITDA. We believe these measures provide analysts, investors and management with helpful information regarding the underlying operating performance of our business, as they provide meaningful supplemental information regarding our performance and liquidity by removing the impact of items that we believe are not reflective of our underlying operating performance. The non-GAAP measures are used by us to evaluate our core operating performance and liquidity on a comparable basis and to make strategic decisions. The non-GAAP measures also facilitate company-to-company operating performance comparisons by backing out potential differences caused by variations such as capital structures, taxation, depreciation, capital expenditures and other non-cash items (i.e., embedded derivatives, debt extinguishment and stock-based compensation) which may vary for different companies for reasons unrelated to operating performance. However, different companies may define these terms differently and accordingly comparisons might not be accurate. Non-GAAP EBITDA and Non-GAAP Adjusted EBITDA are not intended to be a substitute for any GAAP financial measure. For the definitions of Non-GAAP EBITDA and Non-GAAP Adjusted EBITDA and reconciliations to the most directly comparable GAAP measure, net loss, see below.

    We define Non-GAAP EBITDA as net loss excluding interest, income taxes, depreciation and amortization. We did not incur amortization expense during the years ended December 31, 2024 and 2023.

    We define Non-GAAP Adjusted EBITDA as Non-GAAP EBITDA further adjusted for professional fees related to the secured convertible notes, other expense (income), net, changes in the fair value of financial instruments and stock-based compensation. Other expense (income), net includes foreign exchange gain or loss and other non-operating income and expenses not considered indicative of our ongoing operational performance.

    The following table presents a reconciliation of Non-GAAP EBITDA and Non-GAAP Adjusted EBITDA to its net loss for the periods indicated.

      Three Months Ended March 31,
    (in thousands of U.S. dollars)   2025       2024  
    Net loss available to stockholders $ (32,581 )   $ (15,178 )
    Interest expense         9  
    Income tax expense   715       1,433  
    Depreciation expense   2,687       2,845  
    Non-GAAP EBITDA $ (29,179 )   $ (10,891 )
    Professional fees related to Secured Convertible Notes         971  
    Other expense (income), net   167       (1,401 )
    Change in fair value of financial instruments   22,361       752  
    Stock-based compensation   595       1,446  
    Non-GAAP Adjusted EBITDA $ (6,056 )   $ (9,123 )
     

    About Satellogic

    Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers.

    Satellogic’s mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry.

    With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.

    To learn more, please visit: http://www.satellogic.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning Satellogic’s strategic realignment as a U.S. company, and the visibility and high growth opportunities it will provide in connection therewith. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, including due to challenges created by macroeconomic concerns, geopolitical uncertainty (e.g., trade relationships), financial market fluctuations and related factors, (ii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks related to the secured convertible notes, (iv) the potential loss of one or more of our largest customers, (v) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vi) risks and uncertainties associated with defense-related contracts, (vii) risk related to our pricing structure, (viii) our ability to scale production of our satellites as planned, (ix) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (x) our dependence on third parties, including SpaceX, to transport and launch our satellites into space, (xi) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services and the inability of these vendors and manufacturers to meet our needs, (xii) our dependence on ground station and cloud-based computing infrastructure operated by third pirates for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiii) risk related to certain minimum service requirements in our customer contracts, (xiv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, including those related to artificial intelligence and machine learning, (xv) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions, (xvi) competition for EO services, (xvii) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xviii) unknown defects or errors in our products, (xix) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xx) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxi) the failure of the market for EO services to achieve the growth potential we expect, (xxii) risks related to our satellites and related equipment becoming impaired, (xxiii) risks related to the failure of our satellites to operate as intended, (xxiv) production and launch delays, launch failures, and damage or destruction to our satellites during launch, (xxv) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules and (xxvi) the anticipated benefits of the domestication may not materialize. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 10-K and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.

    Contacts

    Investor Relations:

    Ryan Driver, VP of Strategy & Corporate Development
    ryan.driver@satellogic.com

    Media Relations:

    Satellogic
    pr@satellogic.com

    SATELLOGIC INC.
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
    UNAUDITED
     
      Three Months Ended March 31,
    (in thousands of U.S. dollars, except share and per share amounts)   2025       2024  
    Revenue $ 3,387     $ 3,328  
    Costs and expenses      
    Cost of sales, exclusive of depreciation shown separately below   1,237       1,305  
    Selling, general and administrative   6,485       9,389  
    Engineering   2,493       4,387  
    Depreciation expense   2,687       2,845  
    Total costs and expenses   12,902       17,926  
    Operating loss   (9,515 )     (14,598 )
    Other (expense) income, net      
    Interest income, net   177       204  
    Change in fair value of financial instruments   (22,361 )     (752 )
    Other (expense) income, net   (167 )     1,401  
    Total other (expense) income, net   (22,351 )     853  
    Loss before income tax   (31,866 )     (13,745 )
    Income tax expense   (715 )     (1,433 )
    Net loss available to stockholders $ (32,581 )   $ (15,178 )
    Other comprehensive loss      
    Foreign currency translation gain (loss), net of tax   257       (137 )
    Comprehensive loss $ (32,324 )   $ (15,315 )
           
    Basic net loss per share for the period attributable to holders of Common Stock $ (0.34 )   $ (0.17 )
    Basic weighted-average Common Stock outstanding   96,655,349       90,331,496  
    Diluted net loss per share for the period attributable to holders of Common Stock $ (0.34 )   $ (0.17 )
    Diluted weighted-average Common Stock outstanding   96,655,349       90,331,496  
    SATELLOGIC INC.
    CONDENSED CONSOLIDATED BALANCE SHEETS
    UNAUDITED
     
      March 31,   December 31,
    (in thousands of U.S. dollars, except per share and par value amounts)   2025       2024  
    ASSETS      
    Current assets      
    Cash and cash equivalents $ 17,716     $ 22,493  
    Restricted cash   305        
    Accounts receivable, net of allowance of $148 and $148, respectively   1,799       1,464  
    Prepaid expenses and other current assets   4,274       3,907  
    Total current assets   24,094       27,864  
    Property and equipment, net   25,802       27,228  
    Operating lease right-of-use assets   6,538       877  
    Other non-current assets   4,968       5,722  
    Total assets $ 61,402     $ 61,691  
    LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY      
    Current liabilities      
    Accounts payable $ 3,742     $ 3,754  
    Warrant liabilities   14,902       11,511  
    Earnout liabilities   1,992       1,501  
    Operating lease liabilities   989       363  
    Contract liabilities   6,308       5,871  
    Accrued expenses and other liabilities   13,661       11,621  
    Total current liabilities   41,594       34,621  
    Secured Convertible Notes at fair value   96,590       79,070  
    Operating lease liabilities   5,812       516  
    Other non-current liabilities   498       516  
    Total liabilities   144,494       114,723  
    Commitments and contingencies      
    Stockholders’ (deficit) equity      
    Preferred stock, $0.0001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of December 31, 2024 and December 31, 2023          
    Class A Common Stock, $0.0001 par value, 385,000,000 shares authorized, 84,451,437 shares issued and 83,883,614 shares outstanding as of March 31, 2025 and 83,000,501 shares issued and 82,432,678 shares outstanding as of December 31, 2024          
    Class B Common Stock, $0.0001 par value, 15,000,000 shares authorized, 13,582,642 shares issued and outstanding as of March 31, 2025 and December 31, 2024          
    Treasury stock, at cost, 567,823 shares as of March 31, 2025 and 567,823 shares as of December 31, 2024   (8,603 )     (8,603 )
    Additional paid-in capital   358,511       356,247  
    Accumulated other comprehensive loss   (314 )     (571 )
    Accumulated deficit   (432,686 )     (400,105 )
    Total stockholders’ (deficit) equity   (83,092 )     (53,032 )
    Total liabilities and stockholders’ (deficit) equity $ 61,402     $ 61,691  
    SATELLOGIC INC.
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    UNAUDITED
     
      Three Months Ended March 31,
    (in thousands of U.S. dollars)   2025       2024  
    Cash flows from operating activities:      
    Net loss $ (32,581 )   $ (15,178 )
    Adjustments to reconcile net loss to net cash used in operating activities:      
    Depreciation expense   2,687       2,845  
    Operating lease expense   421       538  
    Stock-based compensation   595       1,446  
    Change in fair value of financial instruments, net of interest paid on Secured Convertible Notes   20,691       752  
    Foreign exchange differences   (188 )     (643 )
    Loss on disposal of property and equipment   28       78  
    Expense for estimated credit losses on accounts receivable, net of recoveries         16  
    Non-cash change in contract liabilities   (46 )     (501 )
    Other, net         56  
    Changes in operating assets and liabilities:      
    Accounts receivable   (21 )     (932 )
    Prepaid expenses and other current assets   830       (377 )
    Accounts payable   569       1,764  
    Contract liabilities   438       (25 )
    Accrued expenses and other liabilities   2,024       601  
    Operating lease liabilities   (169 )     (555 )
    Net cash used in operating activities   (4,722 )     (10,115 )
    Cash flows from investing activities:      
    Purchases of property and equipment   (1,913 )     (1,942 )
    Net cash used in investing activities   (1,913 )     (1,942 )
    Cash flows from financing activities:      
    Proceeds from issuance of Common Stock under ATM Program, net of transaction costs   1,143        
    Payments for withholding taxes related to the net share settlement of equity awards   (375 )     (184 )
    Proceeds from exercise of stock options   916        
    Net cash provided by (used in) financing activities   1,684       (184 )
    Net (decrease) increase in cash, cash equivalents and restricted cash   (4,951 )     (12,241 )
    Effect of foreign exchange rate changes on cash and cash equivalents   177       542  
    Cash, cash equivalents and restricted cash – beginning of period   23,682       24,603  
    Cash, cash equivalents and restricted cash – end of period $ 18,908     $ 12,904  

    The MIL Network

  • MIL-OSI Security: District of Arizona Charges 314 Individuals for Immigration-Related Criminal Conduct

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    PHOENIX, Ariz. – During the week of enforcement operations from May 3, 2025, through May 9, 2025, the U.S. Attorney’s Office for the District of Arizona brought immigration-related criminal charges against 314 defendants. Specifically, the United States filed 117 cases in which aliens illegally re-entered the United States, and the United States also charged 166 aliens for illegally entering the United States.  In its ongoing effort to deter unlawful immigration, the United States filed 25 cases against 31 individuals responsible for smuggling illegal aliens into and within the District of Arizona.

    These cases were referred or supported by federal law enforcement partners, including Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), ICE Homeland Security Investigations (HSI), U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).

    Recent matters of interest include:

    United States v. Marco Antonio Ruelas-Solis: On May 3, 2025, Marco Antonio Ruelas-Solis, of Mexico, was found in possession of an FNS-9C 9-millimeter pistol and 40 rounds of 9-millimeter ammunition while target shooting along Forest Road 403 in the Tonto National Forest in Maricopa County. Ruelas-Solis was charged with Possession of a Firearm by Alien Unlawfully Present in the United States and Reentry of a Removed Alien. [Case Numbers: MJ-25-0178; MJ-25-6183]

    United States v. Clayton Line Wilhite: On May 4, 2025, Clayton Line Wilhite was arrested and charged with Transportation of an Illegal Alien after he failed to yield at an immigration checkpoint. After Wilhite failed to yield, law enforcement officers from Border Patrol and Customs and Border Protection responded to the scene and attempted to effectuate a stop. Wilhite led officers on a short vehicle chase before striking another car from behind and pulling over. Two illegal aliens from Mexico then exited the vehicle and tried to flee but were detained by agents. Wilhite remained in the driver’s seat and was arrested without further incident. [Case number: MJ-25-07795]

    A criminal complaint is simply a method by which a person is charged with criminal activity and raises no inference of guilt. An individual is presumed innocent until evidence is presented to a jury that establishes guilt beyond a reasonable doubt.

    These cases are part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    RELEASE NUMBER:    2025-076_May 9 Immigration Enforcement

    # # #

    For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/
    Follow the U.S. Attorney’s Office, District of Arizona, on X @USAO_AZ for the latest news.

     

    MIL Security OSI

  • MIL-OSI USA: Congressman Sherman Statement on the Release of Edan Alexander

    Source: United States House of Representatives – Congressman Brad Sherman (D-CA)

    WASHINGTON, D.C. – Congressman Brad Sherman (CA-32), senior Member of the House Foreign Affairs Committee, Co-Chair of the House Israel Allied Caucus and the most senior Democrat on the House-Knesset Parliamentary Friendship Group, released the following statement on the release of Edan Alexander from Hamas captivity:

    “Grateful and relieved over the release of U.S.-Israeli citizen, Edan Alexander. While we celebrate Edan’s return home, we must continue working for the safe release of ALL remaining hostages – NOW.”

    Edan Alexander, the last known living American hostage in Gaza, was released by Hamas and reunited with his family on Monday, ending an 18-month ordeal that began with the militant group’s October 7 attack.

    Hamas announced Sunday night it had agreed to free Alexander, 21, after several days of talks with the United States, which bypassed Israel, and formed part of an effort to reach a ceasefire and resume the flow of humanitarian aid into Gaza.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Governor Phil Scott Issues Executive Order to Pause Electric Vehicle Sales Requirements

    Source: US State of Vermont

    Montpelier, Vt. – Governor Phil Scott today issued Executive Order 04-25, directing the Agency of Natural Resources to pause enforcement of a multi-state plan requiring vehicle manufacturers to meet certain electric vehicle (EV) sales targets for passenger cars and medium- and heavy-trucks.

    “I continue to believe we should be incentivizing Vermonters to transition to cleaner energy options like electric vehicles. However, we have to be realistic about a pace that’s achievable. It’s clear we don’t have anywhere near enough charging infrastructure and insufficient technological advances in heavy-duty vehicles to meet current goals,” said Governor Scott. “We have much more work to do, in order make it more convenient, faster, and more affordable to buy, maintain and charge EV’s. When we do, it’s more likely everyday Vermonters will make the switch.”

    Governor Scott remains committed to addressing climate change, including advocating for more charging infrastructure, which is key to supporting Vermonters in making EVs viable and reducing transportation emissions. When it comes to transitioning to a low-carbon future, mandates are not going to be the total answer.  Using common sense and incentivizing technological advancements is necessary to overall success and this compliance flexibility is intended to reflect this reality.

    Specific details can be found in the Governor’s Executive Order which can be found by clicking here.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Attorney General Bonta Launches Civil Rights Investigation into Conditions at San Diego Juvenile Halls

    Source: US State of California

    Tuesday, May 13, 2025

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

    Encourages individuals with relevant information to email BCJ@doj.ca.gov  

    SAN DIEGO – California Attorney General Rob Bonta today announced the opening of a civil rights investigation into San Diego County (County) and the San Diego County Office of Education (SDCOE). The investigation will seek to determine whether the County has engaged in a pattern or practice of unlawful treatment of youth at East Mesa Juvenile Detention Facility and Youth Transition Campus in San Diego County and will examine SDCOE’s provision of educational services to youth at these facilities. If, through this investigation, the Attorney General’s Office determines that unlawful activity or practices took place, the office will also determine what potential reforms are needed to ensure that comprehensive corrective action takes place at these facilities. 

    “Every young person deserves the opportunity to learn and grow in a safe, dignified, and welcoming environment,” said Attorney General Bonta. “My office will investigate conditions at San Diego juvenile halls to ensure San Diego County and its Office of Education are following the law and meeting their obligation to the children they serve. As we launch this investigation, it is vital that we hear from members of the community. I encourage anyone with potentially relevant information on conditions at these facilities to reach out to my office at BCJ@doj.ca.gov.” 

    Under the California Constitution, California Government Code section 11180, et. seq., and California Civil Code section 52.3, the Attorney General has authority to conduct civil investigations into whether an entity has engaged in a pattern or practice of violating state or federal law. As opposed to a criminal investigation into an individual incident or incidents, a pattern or practice investigation typically works to identify and, as appropriate, compel the correction of systemic violations of the constitutional rights of the community at large. 

    Individuals with information regarding the treatment of youth at these facilities can contact the California Department of Justice’s Bureau of Children’s Justice at BCJ@doj.ca.gov. Members of the public can also send information to Bureau of Children’s Justice in other languages. 

    Attorney General Bonta is committed to protecting and uplifting our youth and working to build a better tomorrow for future generations. As part of those efforts, he has fought to foster safe and inclusive school environments, defended the rights of LGBTQ youth, pushed our schools to provide an inclusive curriculum that reflects the diversity of our state and nation, and fought for foster youth and justice-involved youth. Through pattern or practice investigations, Attorney General Bonta has addressed discrimination at Mojave Unified School District, fought to protect youth in Los Angeles County Juvenile Halls, and instituted critical reforms at Redlands Unified School District.

    Attorney General Bonta has made no determinations at this time about specific complaints, allegations, or the overall policies and practices of the County or SDCOE.

    # # #

    MIL OSI USA News

  • MIL-OSI USA: Statement on Vance County Department of Social Services

    Source: US State of North Carolina

    Headline: Statement on Vance County Department of Social Services

    Statement on Vance County Department of Social Services
    jawerner

    Effective Wednesday, May 14, 2025, the North Carolina Department of Health and Human Services will temporarily assume leadership of child welfare services at the Vance County Department of Social Services, as authorized under state law.

    Vance County leadership and Vance County DSS staff received this letter earlier today. Both have expressed support for this temporary action by the state.

    “We take very seriously the department’s role in protecting the safety and well-being of children and families involved in the child welfare system,” said NC Health and Human Services Secretary Dev Sangvai. “This urgent, temporary action is necessary for us to work directly with Vance County staff, improve the county’s ability to effectively administer child welfare services, and ensure better outcomes for children and families in the county moving forward.”

    NCDHHS has been working closely with Vance County DSS since July 2024 to address serious concerns over their practice and delivery of child welfare services. Vance County DSS has not demonstrated significant progress toward addressing these concerns, resulting in a substantial threat to the safety and welfare of children in the county who receive or are eligible for these services.

    Due to the urgency of this situation, NCDHHS is taking action to assume control over Vance County’s child welfare services and will be on-site administering services as of Wednesday, May 14.

    “To all DSS Partners, in spirit together we stand successfully, divided we will continue to fall. We can achieve climbing this mountain,” said Rev. Dr. Leonard Frieson Sr, Vance County DSS Board Chairman.

    “We have a strong team at the Department of Social Services and as we move forward with shifting these services to DHHS, our goal is simple: make sure kids and families get the support they need, when they need it. This isn’t about stepping back—it’s about making smart changes that help us serve the community even better,” said Vance County Manager Renee Perry.

    NCDHHS staff will remain on-site at Vance County DSS throughout this interim period and will work closely with staff to manage and stabilize child welfare services. The department is also working with the county to develop a plan to bring their child welfare services into compliance with all applicable laws and appropriate practices. This temporary action is authorized under N.C.G.S. § 108A-74.

    A partir del miércoles 14 de mayo de 2025, el Departamento de Salud y Servicios Humanos de Carolina del Norte asumirá temporalmente el liderazgo de los servicios de bienestar infantil en el Departamento de Servicios Sociales del condado de Vance, según lo autorizado por la ley estatal.

    Los líderes del condado de Vance y el personal del Departamento de Servicios Sociales (DSS) del condado de Vance recibieron esta carta hoy temprano. Ambos han expresado su apoyo a esta acción temporal por parte del estado.

    “Nos tomamos muy en serio el papel del departamento en la protección de la seguridad y el bienestar de los niños y las familias involucradas en el sistema de bienestar infantil”, dijo el secretario de Salud y Servicios Humanos de Carolina del Norte, Dev Sangvai. “Esta acción urgente y temporal es necesaria para que podamos trabajar directamente con el personal del condado de Vance, mejorar la capacidad del condado para administrar de manera efectiva los servicios de bienestar infantil y garantizar mejores resultados para los niños y las familias en el condado en el futuro”.

    El Departamento de Salud y Servicios Humanos de Carolina del norte (NCDHHS, por sus siglas en inglés) ha estado trabajando estrechamente con el DSS del condado de Vance desde julio de 2024 para abordar las serias preocupaciones sobre su práctica y la prestación de servicios de bienestar infantil. El DSS del condado de Vance no ha demostrado un progreso significativo para abordar estas preocupaciones, lo que resulta en una amenaza sustancial para la seguridad y el bienestar de los niños en el condado que reciben o son elegibles para estos servicios.

    Debido a la urgencia de esta situación, el NCDHHS está tomando medidas para asumir el control de los servicios de bienestar infantil del condado de Vance y estará en el sitio administrando los servicios a partir del miércoles 14 de mayo.

    “A todos los socios del DSS, juntos en espíritu logramos el triunfo, divididos seguiremos fracasando. Podemos lograr escalar esta montaña”, dijo el Reverendo Dr Leonard Frieson Sr, presidente de la mesa directiva del DSS del condado de Vance.

    “Tenemos un equipo sólido en el Departamento de Servicios Sociales y, a medida que avanzamos en el cambio de estos servicios al DHHS, nuestro objetivo es simple: asegurarnos de que los niños y las familias reciban el apoyo que necesitan, cuando lo necesitan. No se trata de dar un paso atrás, se trata de hacer cambios inteligentes que nos ayuden a servir a la comunidad aún mejor”, dijo la gerente del condado de Vance, Renee Perry.

    El personal del NCDHHS permanecerá en el DSS del condado de Vance durante este período interino y trabajará en estrecha colaboración con el personal para administrar y estabilizar los servicios de bienestar infantil. El departamento también está trabajando con el condado para desarrollar un plan para que sus servicios de bienestar infantil cumplan con todas las leyes aplicables y las prácticas apropiadas. Esta acción temporal está autorizada bajo N.C.G.S. § 108A-74.

    May 13, 2025

    MIL OSI USA News

  • MIL-OSI: Urgently Announces First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., May 13, 2025 (GLOBE NEWSWIRE) — Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today reported financial results for the first quarter ended March 31, 2025.

    “I am pleased with our solid start to the year, as we delivered revenue in line with our expectations and record gross margin of 26%. In addition, we achieved GAAP operating loss improvement of 71% and non-GAAP operating loss improvement of 93%, or $0.4 million, which was ahead of our guidance for non-GAAP operating loss of $1.0 million. By almost all key measures, we delivered our best quarter as a public company, and I am proud of the tireless effort across the organization to achieve these results. As we look ahead to the balance of the year, we expect to deliver positive sequential revenue growth during the third quarter, sustain our non-GAAP operating break-even and move closer to positive cash flow,” said Matt Booth, CEO of Urgently.

    First Quarter 2025 Updates:

    • Revenue of $31.3 million, a decrease of 22% year over year.
    • Gross profit of $8.0 million, a decrease of 15% year over year.
    • Gross margin of 26% compared to 23% in the prior year period.
    • GAAP operating expenses of $10.4 million, an improvement of 41%, compared to $17.7 million in the prior year period.
    • Non-GAAP operating expenses of $8.4 million, an improvement of 42%, compared to $14.5 million in the prior year period.
    • GAAP operating loss of $2.4 million compared to $8.3 million in the prior year period, an improvement of 71%.
    • Non-GAAP operating loss of $0.4 million, an improvement of 93%, compared to $5.1 million in the prior year period.
    • Approximately 189,000 dispatches completed.
    • Consumer satisfaction score of 4.6 out of 5 stars.

    Earnings Conference Call

    Urgently will host a conference call to discuss the first quarter 2025 financial results on May 13, 2025 at 5:00 p.m. Eastern Time. The conference call can be accessed live over the phone by dialing 1-877-317-6789 (USA) or 1-412-317-6789 (International). The replay will be available via webcast through Urgently’s Investor Relations website at https://investors.geturgently.com.

    About Urgently

    Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit www.geturgently.com.

    For media and investment inquiries, please contact:

    Press: media@geturgently.com

    Investor Relations: investorrelations@geturgently.com

    Non-GAAP Financial Measures

    In addition to our financial information presented in accordance with GAAP, we believe Non-GAAP Operating Expenses and Non-GAAP Operating Loss are useful to investors in evaluating our operating performance. We use the non-GAAP financial measures to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that the non-GAAP financial measures, when taken together with the corresponding GAAP financial measures, may be helpful to investors because they provide consistency and comparability with past financial performance and meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our business, results of operations, or outlook. The non-GAAP financial measures are presented for supplemental informational purposes only, have limitations as analytical tools, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP and may be different from similarly-titled non-GAAP financial measures used by other companies. In addition, other companies, including companies in our industry, may calculate similarly-titled non-GAAP financial measures differently or may use other measures to evaluate their performance, which could reduce the usefulness of the non-GAAP financial measures presented herein as a tool for comparison.

    A reconciliation is provided below for each of the non-GAAP financial measures to the most directly comparable financial measure stated in accordance with GAAP. Investors are encouraged to review the related GAAP financial measures and the reconciliation of the non-GAAP financial measures to our most directly comparable GAAP financial measures, and not to rely on any single financial measure to evaluate our business. We define Non-GAAP Operating Expenses as operating expenses, excluding depreciation and amortization expense, stock-based compensation expense, and non-recurring charges (or income) such as transaction and restructuring costs. We define Non-GAAP Operating Loss as operating loss, excluding depreciation and amortization expense, stock-based compensation expense, and non-recurring charges (or income) such as transaction and restructuring costs.

    For a discussion of Non-GAAP Operating Expenses and Non-GAAP Operating Loss, please see the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Urgently’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, which will be filed with the Securities and Exchange Commission (the “SEC”) by May 15, 2025.

    Forward Looking Statements

    This press release contains or may contain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or Urgently’s future financial or operating performance. Such statements are based upon current plans, estimates and expectations of management of Urgently in light of historical results and trends, current conditions and potential future developments, and are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Forward-looking terms such as “may,” “will,” “could,” “should,” “would,” “plan,” “potential,” “intend,” “anticipate,” “project,” “predict,” “target,” “believe,” “continue,” “estimate” or “expect” or the negative of these words or other words, terms and phrases of similar nature are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. All statements, other than historical facts, including, without limitation, statements regarding Urgently’s expected revenue growth, cash flow and non-GAAP operating loss break-even, and any assumptions underlying any of the foregoing, are forward-looking statements.

    There are a significant number of factors that could cause actual results to differ materially from statements made in this press release and our earnings call, including but not limited to: risks associated with our ability to raise funds through future financings and the sufficiency of our cash and cash equivalents to meet our liquidity needs; our history of losses; our limited operating history; our ability to service our debt, comply with our debt agreements and refinance our obligations under such agreements, including by successfully deploying the capital from the new credit facility and repaying our new and existing debt facilities; our ability to retain customers and expand existing customers’ use of our platform; our ability to attract new customers; our ability to expand into new solutions, technologies and geographic regions; our ability to adequately forecast consumer demand and optimize our network of service providers; our ability to compete in the markets in which we participate; our ability to comply with laws and regulations applicable to our business; our ability to continue as a going concern; our ability to develop and maintain an effective system of internal controls and procedures and accurately report our financial results in a timely manner; our ability to maintain the listing of our common stock on the Nasdaq Stock Market LLC; and expectations regarding the impact of weather events, natural disasters or health epidemics, including the war between Hamas and Israel, on our business. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in our filings with the SEC, including in our annual report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on March 14, 2025, as amended by our annual report on Form 10-K/A, which was filed with the SEC on April 17, 2025, our quarterly reports on Form 10-Q, and other filings and reports that we may file from time to time with the SEC. Forward-looking statements represent our beliefs and assumptions only as of the date of this press release. We disclaim any obligation to update forward-looking statements.

    Consolidated Balance Sheets
    (in thousands)
    (unaudited)

        March 31, 2025     December 31, 2024  
    Assets            
    Current assets:            
    Cash and cash equivalents   $ 6,410     $ 14,179  
    Accounts receivable, net     23,506       22,890  
    Prepaid expenses and other current assets     2,900       3,687  
    Total current assets     32,816       40,756  
    Right-of-use assets     681       810  
    Property, equipment and software, net     1,529       1,577  
    Capitalized software costs, net     5,291       4,637  
    Intangible assets, net     4,006       4,396  
    Other non-current assets     2,109       1,895  
    Total assets   $ 46,432     $ 54,071  
                 
    Liabilities and Stockholders’ Deficit            
    Current liabilities:            
    Accounts payable   $ 3,160     $ 2,900  
    Accrued expenses and other current liabilities     15,783       19,991  
    Current lease liabilities     371       446  
    Current portion of long-term debt, net     13,198       14,257  
    Total current liabilities     32,512       37,594  
    Long-term lease liabilities     406       466  
    Long-term debt, net     40,381       39,883  
    Derivative liability     471        
    Other long-term liabilities     8,740       7,798  
    Total liabilities     82,510       85,741  
    Stockholders’ deficit:            
    Common stock     1       1  
    Additional paid-in capital     168,201       167,125  
    Accumulated deficit     (204,280 )     (198,796 )
    Total stockholders’ deficit     (36,078 )     (31,670 )
    Total liabilities and stockholders’ deficit   $ 46,432     $ 54,071  

    Consolidated Statements of Operations
    (in thousands, except per share amounts)
    (unaudited)

        Three Months Ended March 31,  
        2025     2024  
    Revenue   $ 31,272     $ 40,092  
    Cost of revenue     23,283       30,741  
    Gross profit     7,989       9,351  
    Operating expenses:            
    Research and development     1,968       4,243  
    Sales and marketing     703       2,019  
    Operations and support     2,411       4,321  
    General and administrative     4,368       6,014  
    Depreciation and amortization     986       1,102  
    Total operating expenses     10,436       17,699  
    Operating loss     (2,447 )     (8,348 )
    Other income (expense), net:            
    Interest expense, net     (3,277 )     (3,789 )
    Change in fair value of derivative liability     37        
    Change in fair value of accrued purchase consideration     77       821  
    Loss on debt extinguishment           (1,405 )
    Income from equity method investment     150        
    Other expense, net     (5 )     (255 )
    Total other expense, net     (3,018 )     (4,628 )
    Loss before income taxes     (5,465 )     (12,976 )
    Provision for income taxes     19       39  
    Net loss   $ (5,484 )   $ (13,015 )
                 
    Loss per share, basic and diluted   $ (4.69 )   $ (11.69 )

    Non-GAAP Financial Measures
    (in thousands)
    (unaudited)

    Reconciliation of Operating Expenses to Non-GAAP Operating Expenses

        Three Months Ended March 31,  
        2025     2024  
    Operating expenses   $ 10,436     $ 17,699  
    Less: Depreciation and amortization expense     (986 )     (1,102 )
    Less: Stock-based compensation expense     (538 )     (718 )
    Less: Non-recurring transaction costs     (375 )     (726 )
    Less: Restructuring costs     (174 )     (699 )
    Non-GAAP operating expenses   $ 8,363     $ 14,454  
     

    Reconciliation of Operating Loss to Non-GAAP Operating Loss

        Three Months Ended March 31,  
        2025     2024  
    Operating loss   $ (2,447 )   $ (8,348 )
    Add: Depreciation and amortization expense     986       1,102  
    Add: Stock-based compensation expense     538       718  
    Add: Non-recurring transaction costs     375       726  
    Add: Restructuring costs     174       699  
    Non-GAAP operating loss   $ (374 )   $ (5,103 )

    The MIL Network

  • MIL-OSI: Evolution Petroleum Reports Fiscal Third Quarter 2025 Results and Declares Quarterly Cash Dividend for Fiscal Fourth Quarter

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Texas, May 13, 2025 (GLOBE NEWSWIRE) — Evolution Petroleum Corporation (NYSE American: EPM) (“Evolution” or the “Company”) today announced its financial and operating results for its fiscal third quarter ended March 31, 2025. Evolution also declared its 47th consecutive quarterly cash dividend of $0.12 per common share for the fiscal 2025 fourth quarter.

    Financial & Operational Highlights

    ($ in thousands) Q3 2025   Q2 2025   Q3 2024     % Change vs Q3/Q2     % Change vs Q3/Q3   2025 YTD   2024 YTD  
    % Change vs YTD’24
    Average BOEPD 6,667     6,935       7,209       (4 )%     (8 )%   7,033       6,651       6 %
    Revenues $ 22,561     $ 20,275     $ 23,025       11 %     (2 )%   $ 64,732     $ 64,650       %
    Net Income (Loss) (1) $ (2,179 )   $ (1,825 )   $ 289       NM       NM     $ (1,939 )   $ 2,845       NM  
    Adjusted Net Income (Loss) (1)(2) $ 806     $ (841 )   $ 978       NM       (18 )%   $ 701     $ 3,597       (81 )%
    Adjusted EBITDA(3) $ 7,421     $ 5,688     $ 8,476       30 %     (12 )%   $ 21,234     $ 22,011       (4 )%

    _____________________

    (1) “NM” means “Not Meaningful.”
    (2) Adjusted Net Income is a non-GAAP financial measure; see the non-GAAP reconciliation schedules to the most comparable GAAP measures at the end of this release for more information.
    (3) Adjusted EBITDA is Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization and is a non-GAAP financial measure; see the non-GAAP reconciliation schedules to the most comparable GAAP measures at the end of this release for more information.
       
    • Fiscal Q3 production was 6,667 average barrels of oil equivalent per day (“BOEPD”), with oil accounting for 52% of revenue, natural gas accounting for 35%, and natural gas liquids (“NGLs”) accounting for 13% of revenue during the quarter.
    • Amid market volatility in fiscal Q3, the Company benefited from its diversified energy portfolio, as reflected by a 30% increase in Adjusted EBITDA(3) versus fiscal Q2.
    • Fiscal Q3 revenue rose 11% versus Fiscal Q2, largely driven by the strength of natural gas revenue, which increased 34% during the quarter.
    • $4.1 million returned to shareholders in the form of cash dividends during fiscal Q3, and $4.0 million of principal repaid on its Senior Secured Credit Facility.
    • Activities subsequent to quarter end:
      • Four gross new wells were brought online at the Chaveroo Field under budget, with early production rates exceeding expectations.
      • Closed the highly accretive $9.0 million acquisition of non-operated oil and natural gas assets located in New Mexico, Texas, and Louisiana (the “TexMex” acquisition).
      • As of today, production adds from the four new gross Chaveroo wells and TexMex are contributing more than 850 net BOEPD to production.

    Kelly Loyd, President and Chief Executive Officer, commented: “We are maintaining our quarterly dividend at $0.12 per share for the twelfth consecutive quarter, underscoring our commitment to sustainable shareholder returns as well as our confidence in the strength of our asset base, even in a volatile commodity price environment.

    “Our third quarter results reflect the benefits of our balanced, long-life portfolio of producing assets that are capable of both flourishing in attractive price environments and withstanding cyclical lows. Despite weather and maintenance-related downtime, which affected production, we were able to more than meet all of our capital obligations during the quarter, including ~$8.5 million in dividend and capex payments, as well as repayment of $4.0 million of principal on our Senior Secured Credit Facility.

    “Subsequent to quarter end, we closed the TexMex acquisition and turned in-line our latest four Chaveroo wells. TexMex and the four new gross Chaveroo wells are currently contributing more than 850 net BOEPD to production. We also expect to benefit from recent and ongoing drilling activities in our SCOOP/STACK area. When combined with the strength in natural gas prices, these production additions are expected to meaningfully benefit our next fiscal quarter.

    Mr. Loyd concluded, “In coordination with our Chaveroo partner, we have agreed to delay the start of our third development block until later into our fiscal year 2026. Our current focus is on acquiring oil-weighted, low-decline producing properties at discounted prices, or natural gas properties which can be hedged favorably for years to come, while strategically deferring development of our high-value, oil-weighted locations, preserving value for our shareholders until oil market conditions improve. Maintaining our dividend is a top priority, and we believe our resilient portfolio and strong financial position will enable us to continue with our dividend program well into the future.”

    Fiscal Third Quarter 2025 Financial Results

    Total revenues decreased 2% to $22.6 million compared to $23.0 million in the year-ago quarter. The decline was driven primarily by an 8% decrease in production volumes, partially offset by a 7% increase in average realized commodity prices. The decrease in production volumes was primarily due to planned maintenance at the central facility and NGL plant downtime at Delhi Field, January winter weather impacts at Barnett Shale, as well as natural production declines, partially offset by additional production from the Company’s SCOOP/STACK properties acquired in February 2024.

    Lease operating costs (“LOE”) increased to $13.4 million compared to $12.6 million in the year-ago quarter. The increase was driven by CO2 purchases at Delhi Field, which resumed in October 2024 after being suspended in February 2024, coupled with a full quarter of the Company’s SCOOP/STACK properties acquired in February 2024, increasing lease operating costs by $0.5 million compared to the year-ago quarter. On a per unit basis, total LOE increased 16% to $22.32 per BOE compared to $19.24 per BOE in the year-ago quarter.

    Depletion, depreciation, and accretion expense was $5.0 million compared to $5.9 million in the year-ago period. On a per BOE basis, the Company’s current quarter depletion rate decreased to $7.68 per BOE compared to $8.43 per BOE in the year-ago period due to a decrease in its depletable base.

    General and administrative (“G&A”) expenses, excluding stock-based compensation, were $1.9 million for both the current and year-ago periods. On a per BOE basis, G&A expenses increased to $3.22 compared to $2.85 in the year-ago period. The increase per unit is the result of decreased production in the current period.

    The Company reported a net loss of $2.2 million or $(0.07) per share, compared to net income of $0.3 million or $0.01 per share in the year-ago period. Excluding the impact of unrealized losses, adjusted net income was $0.8 million or $0.02 per diluted share, compared to adjusted net income of $1.0 million or $0.03 per diluted share in the prior quarter.

    Adjusted EBITDA was $7.4 million compared to $8.5 million in the year-ago period. The decrease was primarily due to decreased revenue as a result of lower production and higher total operating costs due to CO2 purchases at Delhi Field, which resumed in October 2024 after being suspended in February 2024.

    Production & Pricing

    Average price per unit: Q3 2025   Q3 2024   % Change vs Q3/Q3
    Crude oil (BBL) $ 68.42     $ 73.06       (6) %
    Natural gas (MCF)   3.87       2.77       40 %
    Natural Gas Liquids (BBL)   32.28       25.26       28 %
    Equivalent (BOE)   37.60       35.10       7 %
                           

    Total production for the third quarter of fiscal 2025 decreased 7.5% to 6,667 net BOEPD compared to 7,209 net BOEPD in the year-ago period. Total production for the third quarter of fiscal 2025 included 1,911 barrels per day (“BOPD”) of crude oil, 3,723 BOEPD of natural gas, and 1,033 BOEPD of NGLs. The decrease in total production was driven by planned maintenance at the central facility and NGL plant downtime at Delhi Field, January winter weather impacts at Barnett Shale, as well as natural production declines partially offset by additional production from the Company’s SCOOP/STACK properties acquired in February 2024. Total oil and natural gas liquids production generated 65% of revenue for the quarter compared to 75% in the year-ago period.

    The Company’s average realized commodity price (excluding the impact of derivative contracts) increased 7% to $37.60 per BOE, compared to $35.10 per BOE in the year-ago period. These increases were primarily driven by an increase of approximately 40% in realized natural gas prices year over year.

    Operations Update

    At SCOOP/STACK, the Company brought online 13 gross wells fiscal year-to-date, with an additional five wells in progress.

    At Chaveroo, the Company successfully completed and brought online four new gross wells in the second development block. These wells were completed on schedule and under budget. Although very early in the productive life of the wells, production rates are significantly exceeding expectations.

    In the Williston Basin, oil production was up quarter over quarter as a result of deferred oil sales at the end of Q2 to Q3. Gas and NGLs increased quarter over quarter, benefiting from a full quarter of gas sales. The Williston field continues to generate solid returns.

    At Delhi, production was temporarily affected by planned maintenance at the Delhi Central Facility, which resulted in a shutdown of the entire field for a few days and at the NGL Plant for approximately two weeks.  At the end of the quarter, the decision was made to switch from purchasing CO2 volumes to additional water injection.  The operator will continue to inject approximately 300 MMCFPD of recycled CO2.  The Company and the operator believe this will be the most economical way to run the field and will significantly reduce operating costs while maximizing cash flow.

    Jonah remained steady, with a temporary dip in volumes during February due to the impact of winter weather. However, strong winter natural gas pricing contributed positively to overall cash flow for the quarter.

    Barnett Shale delivered consistent cash-flow generation, reflecting its reliability and operational stability. Despite brief downtime in January due to winter storms, production remained steady overall, with improved realized pricing for natural gas and NGLs serving as a tailwind for financial results. These favorable pricing dynamics helped offset broader commodity price weakness and underscore Barnett’s continued role as a valuable contributor to our diversified portfolio.

    Balance Sheet, Liquidity, and Capital Spending

    On March 31, 2025, cash and cash equivalents totaled $5.6 million, with a working capital deficit of $2.7 million primarily due to unrealized losses on current derivative contracts, which vary quarter-to-quarter based on forecasted commodity prices at the end of each quarter. Evolution had $35.5 million of borrowings outstanding under its revolving credit facility and total liquidity of $20.1 million, including cash and cash equivalents. In Fiscal Q3, Evolution paid $4.1 million in common stock dividends, $4.0 million in repayments of borrowings of its Senior Secured Credit Facility, $1.8 million in deposits for its TexMex Acquisition, and $4.4 million in capital expenditures. During the quarter ended March 31, 2025, the Company sold a total of approximately 0.2 million shares of its common stock under its At-the-Market Sales Agreement for net proceeds of approximately $1.1 million, after deducting less than $0.1 million in offering costs.

    The Company has received approval from its lender, MidFirst Bank, to extend the maturity of the existing Senior Secured Credit Facility to April 2028 and increase their total commitments from $50.0 million to $55.0 million. Also, the Company expects to receive $10.0 million in additional commitments from a new lender, Prism Bank, bringing the total commitments to $65.0 million.

    Cash Dividend on Common Stock

    On May 12, 2025, Evolution’s Board of Directors declared a cash dividend of $0.12 per share of common stock, which will be paid on June 30, 2025, to common stockholders of record on June 13, 2025. This will be the 47th consecutive quarterly cash dividend on the Company’s common stock since December 31, 2013. To date, Evolution has returned approximately $130.7 million, or $3.93 per share, back to stockholders in common stock dividends.

    Conference Call

    As previously announced, Evolution Petroleum will host a conference call on Wednesday, May 14, 2025, at 10:00 a.m. CT to review its fiscal third quarter 2025 financial and operating results. Participants can join online at https://event.choruscall.com/mediaframe/webcast.html?webcastid=ASNQRrWs or by dialing (844) 481-2813. Dial-in participants should ask to join the Evolution Petroleum Corporation call. A replay will be available through May 14, 2026, via the webcast link provided and on Evolution’s Investor Relations website at www.ir.evolutionpetroleum.com.

    About Evolution Petroleum

    Evolution Petroleum Corporation is an independent energy company focused on maximizing total shareholder returns through the ownership of and investment in onshore oil and natural gas properties in the U.S. The Company aims to build and maintain a diversified portfolio of long-life oil and natural gas properties through acquisitions, selective development opportunities, production enhancements, and other exploitation efforts. Visit www.evolutionpetroleum.com for more information.

    Cautionary Statement

    All forward-looking statements contained in this press release regarding the Company’s current and future expectations, potential results, and plans and objectives involve a wide range of risks and uncertainties. Statements herein using words such as “believe,” “expect,” “may,” “plans,” “outlook,” “should,” “will,” and words of similar meaning are forward-looking statements. Although the Company’s expectations are based on business, engineering, geological, financial, and operating assumptions that it believes to be reasonable, many factors could cause actual results to differ materially from its expectations. The Company gives no assurance that its goals will be achieved. These factors and others are detailed under the heading “Risk Factors” and elsewhere in our periodic reports filed with the Securities and Exchange Commission (“SEC”). The Company undertakes no obligation to update any forward-looking statement.

    Contact
    Investor Relations
    (713) 935-0122
    ir@evolutionpetroleum.com

           
    Evolution Petroleum Corporation

    Condensed Consolidated Statements of Operations (Unaudited)

    (In thousands, except per share amounts)

           
      Three Months Ended   Nine Months Ended
      March 31,    December 31,   March 31, 
      2025   2024   2024   2025   2024
    Revenues                            
    Crude oil $ 11,769     $ 14,538     $ 11,763     $ 38,269     $ 38,913  
    Natural gas   7,790       5,860       5,793       17,868       17,943  
    Natural gas liquids   3,002       2,627       2,719       8,595       7,794  
    Total revenues   22,561       23,025       20,275       64,732       64,650  
    Operating costs                            
    Lease operating costs   13,388       12,624       12,793       37,971       36,865  
    Depletion, depreciation, and accretion   5,014       5,900       5,433       16,172       14,760  
    General and administrative expenses   2,573       2,417       2,654       7,754       7,522  
    Total operating costs   20,975       20,941       20,880       61,897       59,147  
    Income (loss) from operations   1,586       2,084       (605 )     2,835       5,503  
    Other income (expense)                            
    Net gain (loss) on derivative contracts   (3,802 )     (1,183 )     (1,219 )     (3,223 )     (1,183 )
    Interest and other income   55       63       52       164       283  
    Interest expense   (705 )     (518 )     (764 )     (2,292 )     (584 )
    Income (loss) before income taxes   (2,866 )     446       (2,536 )     (2,516 )     4,019  
    Income tax (expense) benefit   687       (157 )     711       577       (1,174 )
    Net income (loss) $ (2,179 )   $ 289     $ (1,825 )   $ (1,939 )   $ 2,845  
    Net income (loss) per common share:                            
    Basic $ (0.07 )   $ 0.01     $ (0.06 )   $ (0.07 )   $ 0.09  
    Diluted $ (0.07 )   $ 0.01     $ (0.06 )   $ (0.07 )   $ 0.08  
    Weighted average number of common shares outstanding:                            
    Basic   33,433       32,702       32,934       33,027       32,692  
    Diluted   33,433       32,854       32,934       33,027       32,920  
                                           
    Evolution Petroleum Corporation

    Condensed Consolidated Balance Sheets (Unaudited)

    (In thousands, except share and per share amounts)

           
      March 31, 2025   June 30, 2024
    Assets              
    Current assets              
    Cash and cash equivalents $ 5,601     $ 6,446  
    Receivables from crude oil, natural gas, and natural gas liquids revenues   10,707       10,826  
    Derivative contract assets   828       596  
    Prepaid expenses and other current assets   2,658       3,855  
    Total current assets   19,794       21,723  
    Property and equipment, net of depletion, depreciation, and impairment              
    Oil and natural gas properties, net, full-cost method of accounting, of which none were excluded from amortization   133,514       139,685  
                   
    Other noncurrent assets              
    Derivative contract assets   48       171  
    Other assets   3,038       1,298  
    Total assets $ 156,394     $ 162,877  
    Liabilities and Stockholders’ Equity              
    Current liabilities              
    Accounts payable $ 11,977     $ 8,308  
    Accrued liabilities and other   7,092       6,239  
    Derivative contract liabilities   3,453       1,192  
    State and federal taxes payable         74  
    Total current liabilities   22,522       15,813  
    Long term liabilities              
    Senior secured credit facility   35,500       39,500  
    Deferred income taxes   4,572       6,702  
    Asset retirement obligations   20,398       19,209  
    Derivative contract liabilities   1,742       468  
    Operating lease liability         58  
    Total liabilities   84,734       81,750  
    Commitments and contingencies              
    Stockholders’ equity              
    Common stock; par value $0.001; 100,000,000 shares authorized: issued and outstanding 34,284,369 and 33,339,535 shares as of March 31, 2025 and June 30, 2024, respectively   34       33  
    Additional paid-in capital   45,786       41,091  
    Retained earnings   25,840       40,003  
    Total stockholders’ equity   71,660       81,127  
    Total liabilities and stockholders’ equity $ 156,394     $ 162,877  
                   
    Evolution Petroleum Corporation

    Condensed Consolidated Statements of Cash Flows (Unaudited)

    (In thousands)

                                 
      Three Months Ended   Nine Months Ended
      March 31,    December 31,   March 31, 
      2025   2024   2024   2025   2024
    Cash flows from operating activities:                            
    Net income (loss) $ (2,179 )   $ 289     $ (1,825 )   $ (1,939 )   $ 2,845  
    Adjustments to reconcile net income (loss) to net cash provided by operating activities:                            
    Depletion, depreciation, and accretion   5,014       5,900       5,433       16,172       14,760  
    Stock-based compensation   642       549       659       1,860       1,585  
    Settlement of asset retirement obligations   (66 )     (19 )     (182 )     (346 )     (19 )
    Deferred income taxes   (2,101 )     766       252       (2,130 )     124  
    Unrealized (gain) loss on derivative contracts   3,926       1,063       1,368       3,426       1,063  
    Accrued settlements on derivative contracts   (57 )     94       9       (114 )     94  
    Other   (4 )     (3 )     (1 )     (7 )      
    Changes in operating assets and liabilities:                            
    Receivables from crude oil, natural gas, and natural gas liquids revenues   (26 )     (2,495 )     29       (34 )     (4,734 )
    Prepaid expenses and other current assets   965       (1,151 )     (1,494 )     1,400       (1,425 )
    Accounts payable, accrued liabilities, and other   1,149       (1,629 )     3,471       4,382       814  
    State and federal taxes payable                     (74 )     (365 )
    Net cash provided by operating activities   7,263       3,364       7,719       22,596       14,742  
    Cash flows from investing activities:                            
    Acquisition deposits   (1,800 )                 (1,800 )      
    Acquisition of oil and natural gas properties   (20 )     (43,788 )     (69 )     (351 )     (43,788 )
    Capital expenditures for oil and natural gas properties   (4,404 )     (2,648 )     (758 )     (7,902 )     (8,353 )
    Net cash used in investing activities   (6,224 )     (46,436 )     (827 )     (10,053 )     (52,141 )
    Cash flows from financing activities:                            
    Common stock dividends paid   (4,109 )     (4,003 )     (4,082 )     (12,224 )     (12,037 )
    Common stock repurchases, including stock surrendered for tax withholding   (71 )     (818 )     (103 )     (262 )     (1,031 )
    Borrowings under senior secured credit facility         42,500                   42,500  
    Repayments of senior secured credit facility   (4,000 )                 (4,000 )      
    Issuance of common stock   1,145             2,259       3,404        
    Offering costs   (70 )           (236 )     (306 )      
    Net cash provided by (used in) financing activities   (7,105 )     37,679       (2,162 )     (13,388 )     29,432  
    Net increase (decrease) in cash and cash equivalents   (6,066 )     (5,393 )     4,730       (845 )     (7,967 )
    Cash and cash equivalents, beginning of period   11,667       8,460       6,937       6,446       11,034  
    Cash and cash equivalents, end of period $ 5,601     $ 3,067     $ 11,667     $ 5,601     $ 3,067  
                                           

    Evolution Petroleum Corporation

    Non-GAAP Reconciliation – Adjusted EBITDA (Unaudited)

    (In thousands)

    Adjusted EBITDA and Net income (loss) and earnings per share excluding selected items are non-GAAP financial measures that are used as supplemental financial measures by our management and by external users of our financial statements, such as investors, commercial banks, and others, to assess our operating performance as compared to that of other companies in our industry, without regard to financing methods, capital structure, or historical costs basis. We use these measures to assess our ability to incur and service debt and fund capital expenditures. Our Adjusted EBITDA and Net income (loss) and earnings per share, excluding selected items, should not be considered alternatives to net income (loss), operating income (loss), cash flows provided by (used in) operating activities, or any other measure of financial performance or liquidity presented in accordance with U.S. GAAP. Our Adjusted EBITDA and Net income (loss) and earnings per share excluding selected items may not be comparable to similarly titled measures of another company because all companies may not calculate Adjusted EBITDA and Net income (loss) and earnings per share excluding selected items in the same manner.

    We define Adjusted EBITDA as net income (loss) plus interest expense, income tax expense (benefit), depreciation, depletion, and accretion (DD&A), stock-based compensation, ceiling test impairment, and other impairments, unrealized loss (gain) on change in fair value of derivatives, and other non-recurring or non-cash expense (income) items.

                                     
      Three Months Ended   Nine Months Ended
      March 31,    December 31,   March 31, 
      2025     2024   2024     2025     2024
    Net income (loss) $ (2,179 )   $ 289     $ (1,825 )   $ (1,939 )   $ 2,845  
    Adjusted by:                                
    Interest expense   705       518       764       2,292       584  
    Income tax expense (benefit)   (687 )     157       (711 )     (577 )     1,174  
    Depletion, depreciation, and accretion   5,014       5,900       5,433       16,172       14,760  
    Stock-based compensation   642       549       659       1,860       1,585  
    Unrealized loss (gain) on derivative contracts   3,926       1,063       1,368       3,426       1,063  
    Adjusted EBITDA $ 7,421     $ 8,476     $ 5,688     $ 21,234     $ 22,011  
                                           
    Evolution Petroleum Corporation

    Non-GAAP Reconciliation – Adjusted Net Income (Unaudited)

    (In thousands, except per share amounts)

           
      Three Months Ended   Nine Months Ended
      March 31,    December 31,   March 31, 
      2025   2024   2024   2025   2024
    As Reported:                            
    Net income (loss), as reported $ (2,179 )   $ 289     $ (1,825 )   $ (1,939 )   $ 2,845  
                                 
    Impact of Selected Items:                            
    Unrealized loss (gain) on commodity contracts   3,926       1,063       1,368       3,426       1,063  
    Selected items, before income taxes $ 3,926     $ 1,063     $ 1,368     $ 3,426     $ 1,063  
    Income tax effect of selected items(1)   941       374       384       786       311  
    Selected items, net of tax $ 2,985     $ 689     $ 984     $ 2,640     $ 752  
                                 
    As Adjusted:                            
    Net income (loss), excluding selected items(2) $ 806     $ 978     $ (841 )   $ 701     $ 3,597  
                                 
    Undistributed earnings allocated to unvested restricted stock   (96 )     (21 )     (100 )     (274 )     (73 )
    Net income (loss), excluding selected items for earnings per share calculation $ 710     $ 957     $ (941 )   $ 427     $ 3,524  
                                 
    Net income (loss) per common share — Basic, as reported $ (0.07 )   $ 0.01     $ (0.06 )   $ (0.07 )   $ 0.09  
    Impact of selected items   0.09       0.02       0.03       0.08       0.02  
    Net income (loss) per common share — Basic, excluding selected items(2) $ 0.02     $ 0.03     $ (0.03 )   $ 0.01     $ 0.11  
                                 
                                 
    Net income (loss) per common share — Diluted, as reported $ (0.07 )   $ 0.01     $ (0.06 )   $ (0.07 )   $ 0.08  
    Impact of selected items   0.09       0.02       0.03       0.08       0.03  
    Net income (loss) per common share — Diluted, excluding selected items(2)(3) $ 0.02     $ 0.03     $ (0.03 )   $ 0.01     $ 0.11  

    _____________________

    (1) The tax impact for the three months ended March 31, 2025 and 2024, is represented using estimated tax rates of 24.0% and 35.2%, respectively. The tax impact for the three months ended December 31, 2024, is represented using estimated tax rates of 28.0%. The tax impact for the nine months ended March 31, 2025 and 2024 is represented using estimated tax rates of 22.9% and 29.2%, respectively.
    (2) Net income (loss) and earnings per share excluding selected items are non-GAAP financial measures presented as supplemental financial measures to enable a user of the financial information to understand the impact of these items on reported results. These financial measures should not be considered an alternative to net income (loss), operating income (loss), cash flows provided by (used in) operating activities, or any other measure of financial performance or liquidity presented in accordance with U.S. GAAP. Our Adjusted Net Income (Loss) and earnings per share may not be comparable to similarly titled measures of another company because all companies may not calculate Adjusted Net Income (Loss) and earnings per share in the same manner.
    (3) The impact of selected items for the three months ended March 31, 2025, and 2024, were each calculated based upon weighted average diluted shares of 33.6 million and 32.9 million, respectively, due to the net income (loss), excluding selected items. The impact of selected items for the three months ended December 31, 2024, was calculated based upon weighted average diluted shares of 32.9 million due to the net income (loss), excluding selected items. The impact of selected items for the nine months ended March 31, 2025, and 2024, was each calculated based upon weighted average diluted shares of 33.2 million and 32.9 million, respectively, due to the net income (loss), excluding selected items.
       
    Evolution Petroleum Corporation

    Supplemental Information on Oil and Natural Gas Operations (Unaudited)

    (In thousands, except per unit and per BOE amounts)

                                           
      Three Months Ended   Nine Months Ended
      March 31,    December 31,   March 31, 
      2025   2024   2024   2025   2024
    Revenues:                                      
    Crude oil $ 11,769     $ 14,538     $ 11,763     $ 38,269     $ 38,913  
    Natural gas   7,790       5,860       5,793       17,868       17,943  
    Natural gas liquids   3,002       2,627       2,719       8,595       7,794  
    Total revenues $ 22,561     $ 23,025     $ 20,275     $ 64,732     $ 64,650  
                                           
    Lease operating costs:                                      
    Ad valorem and production taxes $ 1,473     $ 1,459     $ 1,441     $ 4,328     $ 4,009  
    Gathering, transportation, and other costs   2,913       2,527       2,889       8,592       6,926  
    Other lease operating costs   9,002       8,638       8,463       25,051       25,930  
    Total lease operating costs $ 13,388     $ 12,624     $ 12,793     $ 37,971     $ 36,865  
                                           
    Depletion of full cost proved oil and natural gas properties $ 4,607     $ 5,532     $ 5,024     $ 14,956     $ 13,680  
                                           
    Production:                                      
    Crude oil (MBBL)   172       199       179       555       519  
    Natural gas (MMCF)   2,011       2,115       2,125       6,364       6,091  
    Natural gas liquids (MBBL)   93       104       105       311       295  
    Equivalent (MBOE)(1)   600       656       638       1,927       1,829  
    Average daily production (BOEPD)(1)   6,667       7,209       6,935       7,033       6,651  
                                           
    Crude oil (BBL) $ 68.42     $ 73.06     $ 65.72     $ 68.95     $ 74.98  
    Natural gas (MCF)   3.87       2.77       2.73       2.81       2.95  
    Natural Gas Liquids (BBL)   32.28       25.26       25.90       27.64       26.42  
    Equivalent (BOE)(1) $ 37.60     $ 35.10     $ 31.78     $ 33.59     $ 35.35  
                                           
    Average cost per unit:                                      
    Ad valorem and production taxes $ 2.46     $ 2.22     $ 2.26     $ 2.25     $ 2.19  
    Gathering, transportation, and other costs   4.86       3.85       4.53       4.46       3.79  
    Other lease operating costs   15.00       13.17       13.26       13.00       14.18  
    Total lease operating costs $ 22.32     $ 19.24     $ 20.05     $ 19.71     $ 20.16  
                                           
    Depletion of full cost proved oil and natural gas properties $ 7.68     $ 8.43     $ 7.87     $ 7.76     $ 7.48  

    _____________________

    (1) Equivalent oil reserves are defined as six MCF of natural gas and 42 gallons of NGLs to one barrel of oil conversion ratio, which reflects energy equivalence and not price equivalence. Natural gas prices per MCF and NGL prices per barrel often differ significantly from the equivalent amount of oil.
    (2) Amounts exclude the impact of cash paid or received on the settlement of derivative contracts since we did not elect to apply hedge accounting.
       
    Evolution Petroleum Corporation

    Summary of Production Volumes and Average Sales Price (Unaudited)

       
      Three Months Ended
      March 31,    December 31,
      2025   2024   2024
      Volume   Price   Volume   Price   Volume   Price
    Production:                                              
    Crude oil (MBBL)                                              
    SCOOP/STACK   28     $ 71.36       30     $ 78.71       35     $ 70.52  
    Chaveroo Field   8       56.78       15       76.39       9       67.55  
    Jonah Field   7       67.69       8       72.25       7       64.54  
    Williston Basin   34       64.35       35       70.29       30       64.64  
    Barnett Shale   3       68.03       3       73.05       2       65.99  
    Hamilton Dome Field   34       58.88       35       61.21       35       57.53  
    Delhi Field   58       76.04       73       77.08       60       68.66  
    Other                           1       71.61  
    Total   172     $ 68.42       199     $ 73.06       179     $ 65.72  
    Natural gas (MMCF)                                              
    SCOOP/STACK   317     $ 4.91       214     $ 2.11       314     $ 2.89  
    Chaveroo Field               7       2.29              
    Jonah Field   758       4.02       843       3.94       803       3.21  
    Williston Basin   32       3.89       20       1.36       18       1.41  
    Barnett Shale   904       3.39       1,031       1.98       990       2.31  
    Total   2,011     $ 3.87       2,115     $ 2.77       2,125     $ 2.73  
    Natural gas liquids (MBBL)                                              
    SCOOP/STACK   13     $ 27.84       10     $ 25.14       18     $ 21.34  
    Chaveroo Field               1       22.86              
    Jonah Field   8       32.14       9       31.93       9       30.08  
    Williston Basin   8       23.74       4       23.96       2       17.86  
    Barnett Shale   49       33.48       59       22.85       57       25.86  
    Delhi Field   15       37.20       20       30.48       19       29.13  
    Other               1       25.87              
    Total   93     $ 32.28       104     $ 25.26       105     $ 25.90  
                                                   
    Equivalent (MBOE)(1)                                              
    SCOOP/STACK   94     $ 41.90       76     $ 40.56       105     $ 35.48  
    Chaveroo Field   8       56.78       17       68.40       9       67.55  
    Jonah Field   141       26.63       158       26.72       150       22.14  
    Williston Basin   47       53.08       42       61.15       35       57.00  
    Barnett Shale   203       24.13       234       15.41       224       17.29  
    Hamilton Dome Field   34       58.88       35       61.21       35       57.53  
    Delhi Field   73       68.19       93       67.21       79       59.37  
    Other               1       25.87       1       71.61  
    Total   600     $ 37.60       656     $ 35.10       638     $ 31.78  
                                                   
    Average daily production (BOEPD)(1)                                              
    SCOOP/STACK   1,044               835               1,141          
    Chaveroo Field   89               187               98          
    Jonah Field   1,567               1,736               1,630          
    Williston Basin   522               462               380          
    Barnett Shale   2,256               2,571               2,435          
    Hamilton Dome Field   378               385               380          
    Delhi Field   811               1,022               859          
    Other                 11               12          
    Total   6,667               7,209               6,935          

    _____________________

    (1) Equivalent oil reserves are defined as six MCF of natural gas and 42 gallons of NGLs to one barrel of oil conversion ratio, which reflects energy equivalence and not price equivalence. Natural gas prices per MCF and NGL prices per barrel often differ significantly from the equivalent amount of oil.
       
    Evolution Petroleum Corporation

    Summary of Average Production Costs (Unaudited)

       
      Three Months Ended
      March 31,    December 31,
      2025   2024   2024
      Amount   Price   Amount   Price   Amount   Price
    Production costs (in thousands, except per BOE):                                              
    Lease operating costs                                              
    SCOOP/STACK $ 1,106     $ 11.74     $ 619     $ 8.18     $ 1,050     $ 9.97  
    Chaveroo Field   128       15.77       161       9.12       122       12.92  
    Jonah Field   2,184       15.51       2,313       14.63       2,196       14.62  
    Williston Basin   1,476       31.45       1,413       33.69       1,190       34.12  
    Barnett Shale   3,739       18.47       3,767       16.07       4,030       18.03  
    Hamilton Dome Field   1,237       36.36       1,566       45.34       1,188       34.18  
    Delhi Field   3,518       48.04       2,785       30.19       3,017       38.15  
    Total $ 13,388     $ 22.32     $ 12,624     $ 19.24     $ 12,793     $ 20.05  
                                                   

    Evolution Petroleum Corporation

    Summary of Open Derivative Contracts (Unaudited)

    For more information on the Company’s hedging practices, see Note 7 to its financial statements included on Form 10-Q filed with the SEC for the quarter ended March 31, 2025.
    The Company had the following open crude oil and natural gas derivative contracts as of May 12, 2025:

                                           
                Volumes in     Swap Price per   Floor Price per   Ceiling Price per
    Period   Commodity   Instrument   MMBTU/BBL     MMBTU/BBL   MMBTU/BBL   MMBTU/BBL
    April 2025 – June 2025   Crude Oil   Fixed-Price Swap   25,571     $ 73.49                  
    April 2025 – June 2025   Crude Oil   Collar   41,601             $ 65.00     $ 84.00  
    April 2025 – December 2025   Crude Oil   Fixed-Price Swap   32,229       72.00                  
    July 2025 – December 2025   Crude Oil   Fixed-Price Swap   81,335       71.40                  
    January 2026 – March 2026   Crude Oil   Collar   43,493               60.00       75.80  
    April 2026 – June 2026   Crude Oil   Fixed-Price Swap   17,106       60.40                  
    April 2025 – December 2025   Natural Gas   Collar   681,271               4.00       4.95  
    April 2025 – December 2026   Natural Gas   Fixed-Price Swap   3,010,069       3.60                  
    January 2026 – March 2026   Natural Gas   Collar   375,481               3.60       5.00  
    January 2026 – March 2026   Natural Gas   Collar   213,251               4.00       5.39  
    April 2025 – December 2027   Natural Gas   Fixed-Price Swap   3,729,540       3.57                  
    April 2026 – October 2026   Natural Gas   Collar   433,428               3.50       4.55  
                                           

    This press release was published by a CLEAR® Verified individual.

    The MIL Network

  • MIL-OSI USA: Hoeven Supports Confirmation of Troy Meink as Air Force Secretary

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven
    05.13.25
    WASHINGTON – Senator John Hoeven today issued the following statement after voting to confirm Troy Meink as Secretary of the Air Force:
    “North Dakota is home to a growing contingent of missions that are central to our nation’s defense, most of which fall under the Air Force and Space Force. Secretary Meink will be an important partner as we work to strengthen these operations and ensure their effectiveness over the long-term, including modernizing our nuclear deterrent in Minot, supporting unmanned missions and counter-drone tech development in Grand Forks, enhancing the capabilities of the radar at Cavalier and reinforcing the missions of our Air National Guard in Fargo.” said Hoeven. “We also look forward to working with Meink to bring a future ISR mission to the Grand Forks Air Force Base and ensure the U.S. has sufficient capacity in this critical area.”
    As a member of the Senate Defense Appropriations Committee, Hoeven will work with Secretary Meink to support both new and established missions in North Dakota, as the state grows more central to the nation’s defense. Among other priorities, Hoeven’s efforts include:
    Advancing the modernization of the dual-nuclear missions at Minot Air Force Base.
    Leveraging Project ULTRA to develop counter-drone technologies to protect against emerging threats from the malicious use of unmanned aerial systems (UAS).
    Bringing a future intelligence, surveillance and reconnaissance (ISR) mission to Grand Forks Air Force Base.
    Supporting the MQ-9 mission for the North Dakota Air National Guard.

    MIL OSI USA News

  • MIL-OSI USA: Tuberville Introduces Legislation to Help Disabled Veterans

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) introduced the Automotive Support Services to Improved Safe Transportation (ASSIST) Act, which would help disabled veterans make the vehicle modifications they need to travel safely by giving the VA greater flexibility to offer financial assistance for a wider range of necessary adaptations.
    “We take things like driving or riding in a vehicle for granted, but for some veterans, operating a vehicle can be challenging without the proper modifications,” said Senator Tuberville.“Alabama is home to more than 400,000 veterans, and we want to ensure that each of them has the necessary resources to lead safe, independent lives. The ASSIST Act is a commonsense piece of legislation that would give veterans access to needed vehicle modifications such as ramps and device lifts. I’m proud to lead the ASSIST Act in the Senate and will continue fighting to help the heroes who have sacrificed so much for us.”BACKGROUND:As Alabama’s voice on the Senate Veterans’ Affairs Committee, the ASSIST Act follows a series of bills Senator Tuberville has introduced to make small, yet meaningful changes to how the VA delivers care and benefits to veterans. Last week, the House Committee on Veterans’ Affairs passed the ASSIST Act unanimously out of committee.
    Currently, the VA is restricted to funding only a limited list of adaptive equipment, such as wheelchair tie-downs, van lifts, and raised roofs. This unintentionally limits, and in many cases prevents all together, some veterans from being able to make necessary modifications to their vehicles such as ramp and kneeling systems, mobility device lifts, and ingress or egress accessibility modifications. The ASSIST Act fixes this gap in assistance and would help ensure veterans are able to continue traveling safely and freely. 
    MORE:
    Tuberville, VA Secretary Doug Collins Discuss Streamlining Processes to Improve Outcomes for Veterans
    Tuberville, Lee Introduce Legislation to Repurpose Woke USAID Funding to Improve Veterans’ Homes
    Tuberville, Boozman Introduce Legislation to Support Defrauded Veterans
    Tuberville Reintroduces Legislation to Expand Treatment Options for Veterans
    Tuberville Introduces Legislation to Ensure Community Care Access for Veterans
    Tuberville, Moran Introduce Legislation to Improve Access to Care for Veterans
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News

  • MIL-OSI Canada: Tribunal Initiates Inquiry—Steel Strapping from China, Türkiye, South Korea, and Vietnam

    Source: Government of Canada News (2)

    Ottawa, Ontario, May 13, 2025—The Canadian International Trade Tribunal today initiated a preliminary injury inquiry into a complaint by JEM Strapping Systems Inc., of Brantford, Ontario, that they have suffered injury as a result of the dumping of steel strapping from the People’s Republic of China, the Republic of Türkiye, the Republic of Korea, and the Socialist Republic of Vietnam and the subsidizing of steel strapping originating in or exported from the People’s Republic of China. The Tribunal’s inquiry is conducted pursuant to the Special Import Measures Act (SIMA) as a result of the initiation of dumping and subsidizing investigations by the Canada Border Services Agency (CBSA).

    On July 10, 2025, the Tribunal will determine whether there is a reasonable indication that the alleged dumping and subsidizing have caused injury or retardation, or are threatening to cause injury, as these words are defined in SIMA. If so, the CBSA will continue its investigations and, by August 8, 2025, will make preliminary determinations. If these preliminary determinations indicate that there has been dumping or subsidizing, the CBSA will then continue its investigations and, concurrently, the Tribunal will initiate a final injury inquiry.

    The Tribunal is an independent quasi-judicial body that reports to Parliament through the Minister of Finance. It hears cases on dumped and subsidized imports, safeguard complaints, complaints about federal government procurement and appeals of customs and excise tax rulings. When requested by the federal government, the Tribunal also provides advice on other economic, trade and tariff matters.

    Any interested person, association or government that wishes to participate in the Tribunal’s inquiry may do so by filing a Form I – Notice of Participation.

    MIL OSI Canada News

  • MIL-OSI Security: Sinaloa Cartel Leaders Charged with Narco-Terrorism, Material Support of Terrorism and Drug Trafficking

    Source: United States Attorneys General

    SAN DIEGO — An indictment unsealed today is the first in the nation to charge alleged leaders of the Sinaloa Cartel with narco-terrorism and material support of terrorism in connection with trafficking massive amounts of fentanyl, cocaine, methamphetamine and heroin into the United States.

    Pedro Inzunza Noriega and his son, Pedro Inzunza Coronel, are charged with narco-terrorism, drug trafficking and money laundering as key leaders of the Beltran Leyva Organization (BLO), a powerful and violent faction of the Sinaloa Cartel that is believed to be the world’s largest known fentanyl production network. Five other BLO leaders are charged with drug trafficking and money laundering. The indictment is a direct result of President Trump’s Executive Order 14157 which designated the Sinaloa Cartel as a Foreign Terrorist Organization and the Secretary of State’s subsequent designation of the same on February 20, 2025.

    “The Sinaloa Cartel is a complex, dangerous terrorist organization and dismantling them demands a novel, powerful legal response,” said Attorney General Pamela Bondi. “Their days of brutalizing the American people without consequence are over — we will seek life in prison for these terrorists.”

    “Operation Take Back America initiatives reflect the reality that narco-terrorists operate as a cancer within a state,” said U.S. Attorney Adam Gordon for the Southern District of California. “They metastasize violence, corruption and fear. If left unchecked, their growth would lead to the death of law and order. This indictment is what justice looks like when the full measure of the Department of Justice along with its law enforcement partners is brought to bear against the Sinaloa Cartel.”

    “These charges highlight the unwavering efforts of transnational criminal organizations like the Sinaloa Cartel to flood our communities with deadly drugs,” said Special Agent in Charge Shawn Gibson of U.S. Immigration and Customs Enforcement (ICE) Homeland Security Investigations (HSI) San Diego. “HSI and our law enforcement partners will not allow cartel-driven drug trafficking to threaten the safety and stability of our neighborhoods. We are all lasered focused on a unified effort to dismantling these networks and their factions in bringing those responsible to justice.”

    “BLO, under the leadership of Inzunza Noriega, is allegedly responsible for some of the largest-ever drug seizures of fentanyl and cocaine destined for the United States,” said Acting Special Agent in Charge Houtan Moshrefi of the FBI San Diego Field Office. “Their drugs not only destroy lives and communities, but also threaten our national security. The law enforcement efforts against the Noriegas reaffirms our commitment to dismantling and disrupting this very dangerous narco-terrorist group and combating narco-trafficking.”

    According to court documents, since its inception the Beltran Leyva faction has been considered one of the most violent drug trafficking organizations to operate in Mexico, engaging in shootouts, murders, kidnappings, torture and violent collection of drug debts to sustain its operations. The Beltran Leyva faction controls numerous territories and plazas throughout Mexico – including Tijuana – and operates with violent impunity, trafficking in deadly drugs, threatening communities, and targeting key officials, all while making millions of dollars from their criminal activities.

    Pedro Inzunza Noriega works closely with his son, Pedro Inzunza Coronel, to produce and aggressively traffic fentanyl to the United States, the government has alleged. Court documents indicate that together the father and son lead one of the largest and most sophisticated fentanyl production networks in the world. Over the past several years, they have trafficked tens of thousands of kilograms of fentanyl into the United States. On Dec. 3, 2024, Mexican law enforcement raided multiple locations in Sinaloa that are controlled and managed by the father and son and seized 1,500 kilograms (more than 1.65 tons) of fentanyl – the largest seizure of fentanyl in the world.

    These indictments follow a notable tradition in the Southern District of California for targeting leadership and operations of powerful Mexican cartels – from the dismantling of the Arellano Felix Cartel to major strikes against today’s most dangerous, powerful and violent cartels, including the Sinaloa Cartel, Cartel de Jalisco Nueva Generación (CJNG), and now the Beltran Leyva Organization. It is the first indictment from the newly formed Narco-Terrorism Unit in the Southern District of California which was established upon the swearing in of U.S. Attorney Gordon on April 11.

    The indictment of Pedro Inzunza Noriega reflects the Southern District of California’s pursuit of the Sinaloa Cartel. Federal drug trafficking indictments are pending against all alleged leaders of its Beltran Leyva faction, including:

    • Fausto Isidro Meza Flores aka “Chapo Isidro,” case number: 19-CR-1272 in the Southern District of California and 12-116BAH in the District of Columbia
    • Oscar Manuel Gastelum Iribe aka “El Musico,” case number 19-CR-3736 in the Southern District of California; 09-CR-00672 in the Northern District of Illinois; 15-CR-00195 in the District of Columbia, and
    • Pedro Inzunza Noriega aka “Sagitario,” case number 25cr1505.

    The Southern District of California also has indictments pending against other leaders of the Sinaloa Cartel, including:

    • Ivan Archivaldo Guzman Salazar aka “El Chapito,” case number 14-cr-00658 in the Southern District of California and 09-CR-383 in the Northern District of Illinois
    • Ismael Zambada Sicairos aka “Mayito Flaco,” case number: 14-cr-00658 in the Southern District of California; and
    • Jose Gil Caro Quintero aka “El Chino,” case number 22-cr-00036 in the District of Columbia

    1,500 kilogram fentanyl seizure on December 5, 2024

    1,680 kilogram cocaine seizure in Mexico City

    Cocaie seizure with the “Incredibles” brand and “R” brand

    Rainbow colored fentanyl pills and fentanyl bricks with “Louis Vuitton” and “Rolls Royce” stamps

    Pedro Inzunza branded hat with Fausto Isidro Meza Flores, aka, “Chapo Isidro” and Oscar Manuel Gastelum Iribe aka, “El Musico” symbols

    This case is being prosecuted by Assistant U.S. Attorneys Joshua Mellor and Matthew Sutton for the Southern District of California.

    DEFENDANTS                                 Case Number: 25cr1505                                          

    Pedro Inzunza Noriega                                     Age: 62              Los Mochis, Sinaloa, Mexico

    aka “Sagitario,” aka “120,” aka “El De La Silla”

    Pedro Inzunza Coronel                                     Age: 33              Los Mochis, Sinaloa, Mexico

    Aka “Pichon,” Aka “Pajaro,”  Aka “Bird”

    David Alejandro Heredia Velazquez                Age: 50              Guadalajara, Jalisco,

    Aka “Tano,” Aka “Mr. Jordan”                                                     Mexico, and Culiacan,                                                                                                                                                           Sinaloa, Mexico          

    Oscar Rene Gonzalez Menendez                       Age: 45             Guatemala City, 

    Aka “Rubio”                                                                                         Guatemala

    Elias Alberto Quiros Benavides                        Age: 53              San Jose, Costa Rica

    Daniel Eduardo Bojorquez                                Age: 47              Nogales, Sonora, Mexico

    Aka “Chopper”

    Javier Alonso Vazquez Sanchez                       Age: 31               Los Mochis, Sinaloa, Mexico

    Aka “Tito”, Aka “Drilo”

    SUMMARY OF CHARGES

    Title 21, U.S.C., Secs. 960a and 841 – Narco-Terrorism

    Maximum penalty: Life in prison, mandatory minimum 20 years in prison; $20 million fine

    Title 18, U.S.C. Sec. 2339B – Providing Material Support to Terrorism

    Maximum penalty: Twenty years in prison and $250,000 fine

    Title 21, U.S.C., Sec. 848(a) -Continuing Criminal Enterprise

    Maximum penalty: Life in prison, mandatory minimum 20 years; $10 million fine

    Title 21, U.S.C., Secs. 952, 959, 960, and 963 – International Conspiracy to Distribute Controlled Substances

    Maximum penalty: Life in prison, mandatory minimum 10 years; $10 million fine

    Title 21, U.S.C., Secs. 841(a)(1) and 846 – Conspiracy to Distribute Controlled Substances

    Maximum penalty: Life in prison, mandatory minimum 10 years in prison; $10 million fine

    Title 21, U.S.C., Secs. 952, 960 and 963 – Conspiracy to Import Controlled Substances

    Maximum penalty: Life in prison, mandatory minimum 10 years; $10 million fine

    Money Laundering Conspiracy – Title 18, U.S.C., Section 1956(h)

    Maximum penalty: Twenty years in prison and a fine of the greater of $500,000 or twice the value of the monetary instrument or funds involved

    INVESTIGATING AGENCIES

    HSI

    FBI

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

    This case is the result of ongoing efforts by the Organized Crime Drug Enforcement Task Force (OCDETF), a partnership that brings together the combined expertise and unique abilities of federal, state and local law enforcement agencies. The principal mission of the OCDETF program is to identify, disrupt, dismantle and prosecute high-level members of drug trafficking, weapons trafficking and money laundering organizations and enterprises.

    The charges and allegations contained in an indictment or complaint are merely accusations, and the defendants are considered innocent unless and until proven guilty.

    MIL Security OSI

  • MIL-OSI USA: News 05/13/2025 Blackburn, Luján Introduce Bill to Ensure U.S. Remains the World Leader in Quantum

    US Senate News:

    Source: United States Senator Marsha Blackburn (R-Tenn)
    WASHINGTON, D.C. – Today, U.S. Senators Marsha Blackburn (R-Tenn.) and Ben Ray Luján (D-N.M.) introduced the Quantum Leadership in Emerging Applications and Policy (LEAP) Act which will ensure the United States remains the world leader in quantum by establishing a legislative commission to tackle the issues facing American ingenuity:
    “The United States cannot afford to fall behind to adversaries like Communist China when it comes to quantum information science and technology as global competition accelerates,” said Senator Blackburn. “The Quantum LEAP Act would establish a much-needed, expert-driven commission to equip Congress with the insights necessary to protect our national interests by keeping the United States the world leader in quantum technology. We can’t let the Chinese Communist Party take the lead.”
    “I am proud to introduce bipartisan legislation to help ensure the U.S. stays competitive in quantum science and engineering, which is crucial for national security and technological advancements,” said Senator Luján. “This legislation would create a commission to analyze and offer policy recommendations on emerging quantum sciences and technologies to Congress. New Mexico is a leader in U.S. quantum research, and this legislation will help drive innovation and economic growth in our state.”
    BACKGROUND
    Quantum information science and technology represent a technological frontier that has the potential to revolutionize computing, cybersecurity, materials science, and communications.
    U.S. leadership in quantum is more important than ever as global competition accelerates from adversaries like China. 
    The U.S. faces numerous challenges to win the quantum race, including fragmented efforts across agencies, a lack of cohesive policy direction, underdeveloped commercial pathways, and a shortage of skilled workforce. 
    Earlier this year, Senate Commerce Committee Chairman Ted Cruz (R-Texas) recognized Senator Blackburn for her leadership on advancing a reauthorization of quantum computing research programs to drive innovation, protect the nation, and create new industries.
    QUANTUM LEAP ACT
    The Quantum LEAP Act would:
    Establish a bipartisan legislative commission composed of 12 members, including both Congressional and private sector experts;
    Require an evaluation of quantum information science development needs across national security, economic competitiveness, supply chains, public-private partnerships, workforce development, and commercialization;
    Require collaboration with federal agencies such as the Departments of Commerce, Energy, Defense, National Institute of Standards and Technology, National Science Foundation, and the National Quantum Coordination Office; and
    Mandate a report to Congress within two years on legislative recommendations.
    ENDORSEMENTS
    This legislation is supported by EPB of Chattanooga, Quantinuum, IBM Quantum, the Quantum Industry Coalition, D-Wave, and the Hudson Institute Quantum Alliance Initiative.
    “EPB of Chattanooga strongly supports the creation of the Commission on American Quantum Information Science. In a city that’s already laying the groundwork for the emergence of the quantum industry by utilizing our fiber optic infrastructure to support collaborative efforts to commercialize quantum technology, we see this Commission as a vital step in aligning national policy with the rapid pace of technological development. A legislative voice will complement the work of the Quantum Advisory Council and help ensure that communities like ours will have a seat at the table as the U.S. charts its quantum future,” said David Wade, CEO of EPB of Chattanooga.
    “Quantinuum strongly supports the bipartisan Quantum LEAP Act. This landmark legislation affirms the strategic importance of quantum technologies to our national and economic security. We commend Senators Blackburn and Luján for their leadership in establishing a Commission that will unite experts across sectors to ensure U.S. leadership in this critical frontier,” said Dr. Rajeeb Hazra, President & CEO of Quantinuum.
    “The Commission on American Quantum Information Science will give Congress expert, nonpartisan guidance on this critical technology. Complementing the Executive Branch’s advisory efforts will strengthen our national approach to quantum innovation, workforce development, and international collaboration, ensuring U.S. leadership and security while developing quantum technology. We commend Senators Blackburn and Luján for their leadership in introducing this important legislation,” said Jay Gambetta, Vice President of IBM Quantum.
    “Quantum information science has profound potential for the national security and economy of the United States and requires a strategic approach.  The Quantum Industry Coalition commends Sen. Blackburn and Sen. Lujan for addressing this issue and looks forward to working with them to advance this important legislation this year,” said Paul Stimers, Executive Director of the Quantum Industry Coalition.
    RELATED
    Click here for bill text.

    MIL OSI USA News

  • MIL-OSI USA: 05.13.2025 Sen. Cruz Announces Key Senior Staff Hires and Promotions

    US Senate News:

    Source: United States Senator for Texas Ted Cruz
    WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-TX) announced key senior staff hires and promotions in his Washington, D.C. office.
    OMRI CEREN promoted to Senior Advisor for Policy and Communications. Omri previously served as National Security Advisor and then Legislative Director for Senator Cruz. Before joining Sen. Cruz’s staff, he was programmatic director at The Israel Project, a nonprofit focused on working with journalists and the public on Middle East issues, and before that was a political blogger and writer. He received his doctorate from the University of Southern California’s Annenberg School for Communication.
    PRESTON HOWEY promoted to Legislative Director. A proud native of the Permian Basin, Preston began his Capitol Hill career with Chairman Kevin Brady (TX-08) and later served as Legislative Director for Representative August Pfluger (TX-11). He went on to work with the natural gas markets team at the American Petroleum Institute before joining Senator Cruz’s office as Domestic Policy Advisor. Preston is a graduate of Texas A&M University.
    MIKE BERRY hired as Chief Counsel. Mike joins Sen. Cruz’s office after 7 years on active duty as a U.S. Marine, and more than a decade of litigation experience in the non-profit sector. During his time in the Marines, Mike deployed to Afghanistan and taught law at the U.S. Naval Academy. Mike also served in senior litigation roles at First Liberty Institute and America First Policy Institute, during which he successfully led the litigation efforts on some of the nation’s most high-profile religious liberty and election integrity cases. Mike received his undergraduate degree from Texas A&M University, and his law degree from The Ohio State University.
    BRANDON GINDT hired as National Security Advisor. A Texas native, Brandon joins Sen. Cruz’s office from the Defense Intelligence Agency (DIA) where he served in the Directorate for Operations since 2018, predominantly working on Middle East and strategic competition issues. During his tenure at DIA, he deployed to Afghanistan and managed crisis operations on the Joint Staff and served as the Israel and Lebanon Country Director in the Office of the Under Secretary of Defense for Policy. He received his undergraduate and graduate degrees from Texas A&M University. 
    MACARENA MARTINEZ promoted to Communications Director. A native of Houston, Macarena has served as Senator Cruz’s communications advisor since 2023. Before her work with Senator Cruz, Macarena served as the Texas Communications Director for the Republican National Committee. Prior to that, she was a War Room Analyst on President Donald Trump’s 2020 campaign. Macarena holds a double bachelor’s degree from the University of Texas at Austin.

    MIL OSI USA News

  • MIL-OSI USA: Padilla, Young Introduce Bipartisan Bill to Expedite Access to Innovative Medical Technologies

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla, Young Introduce Bipartisan Bill to Expedite Access to Innovative Medical Technologies

    WASHINGTON, D.C. — U.S. Senators Alex Padilla (D-Calif.) and Todd Young (R-Ind.) introduced the Ensuring Patient Access to Critical Breakthrough Products Act, bipartisan legislation that would enable millions of older Americans to receive quicker access to life-changing medical innovations.

    Currently, seniors wait an estimated 5.7 years from when the Food and Drug Administration (FDA) authorizes a breakthrough technology until Medicare covers the technology. The legislation would create a faster pathway for the Centers for Medicare & Medicaid Services (CMS) to provide transitional coverage for certain new and emerging medical device innovations to Medicare beneficiaries.

    “Timely access to lifesaving breakthrough medical advancements protects millions of patients in need,” said Senator Padilla. “This critical bipartisan legislation would ensure Medicare covers cutting-edge devices shortly after FDA authorization to better diagnose, prevent, and treat life-threatening illnesses. I will keep working across the aisle to support health care innovation and expand access to care for rural and underserved communities.”

    “Bureaucratic red tape is preventing millions of seniors in America from accessing medical advancements that have the potential to reduce health care costs, cure diseases, and save lives. Our bill would streamline Medicare coverage of these advancements to better ensure patients receive timely access to breakthrough technologies,” said Senator Young.

    More specifically, the Ensuring Patient Access to Critical Breakthrough Products Act would:

    • Provide temporary Medicare coverage for medical devices and diagnostic tests approved or cleared under the FDA Breakthrough Devices Program.
    • Allow technology developers to work with CMS during the temporary coverage period on a proposal for permanent Medicare coverage.
    • Grant CMS permission to immediately suspend or terminate Medicare coverage if subsequent clinical evidence demonstrates the technology causes harm or provides no clinical benefit to Medicare beneficiaries. 

    Senator Padilla has long been a leader in the fight to make health care more equitable, affordable, and accessible in the United States. Earlier this year, Padilla introduced the bipartisan Health Accelerating Consumers’ Care by Expediting Self-Scheduling (ACCESS) Act to improve digital health services by allowing patients to easily search for and book health care appointments online while protecting personal health information. Last year, Padilla, Senator Mazie Hirono (D-Hawaii), and Senator Cory Booker (D-N.J.) introduced the Health Equity and Accountability Act (HEAA) of 2024 to address health disparities among racial and ethnic minorities as well as women, the LGBTQ+ community, rural populations, and socioeconomically disadvantaged communities across the United States. Additionally, Padilla and Booker introduced the Equal Health Care for All Act, bicameral legislation that would make equal access to medical care a protected civil right to help address the racial inequities and structural failures in America’s health care system. He also recently joined Senator Bernie Sanders (I-Vt.) and over 100 lawmakers in reintroducing the Medicare for All Act, historic legislation that would guarantee health care as a fundamental human right to all people in the United States regardless of income or background.

    Full text of the bill is available here.

    MIL OSI USA News

  • MIL-OSI USA: Padilla, Schatz, Wyden Lead Push Warning Trump Admin of Harmful Impacts of SAVE Act, Anti-Voter Executive Order in Native Communities

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla, Schatz, Wyden Lead Push Warning Trump Admin of Harmful Impacts of SAVE Act, Anti-Voter Executive Order in Native Communities

    WASHINGTON, D.C. — Today, U.S. Senators Alex Padilla (D-Calif.), Ranking Member of the Senate Committee on Rules and Administration with oversight over elections, Brian Schatz (D-Hawaii), Vice Chairman of the Senate Committee on Indian Affairs, and Ron Wyden (D-Ore.) led 11 Senators in sounding the alarm on the devastating impacts of President Trump’s anti-voter “election integrity” executive order and the SAVE Act on Native American voting rights. In a letter to Secretary of the Interior Doug Burgum, the Senators specifically warn about the challenges Native communities will face with the proposed requirements of documentary proof of citizenship and restrictions on mail-in voting.
    “Enactment of new voter registration policies under the Executive Order and the SAVE Act would lead to mass disenfranchisement of eligible Native voters and further depress the Native vote,” wrote the Senators. “Tribal IDs generally lack place of birth information required by the legislation, and the vast majority of these IDs lack the specific U.S. citizenship documentation required by the Executive Order. And the SAVE Act’s in-person requirement would exacerbate existing barriers, such as requiring IDs that list residential mailing addresses, by forcing many Native voters to travel great distances, including costly flights or multi-hour drives, to reach their local elections office or polling place.”
    “As Secretary of the Interior, you have a special moral and legal responsibility to uphold our nation’s trust and treaty obligations,” continued the Senators. “If implemented, the sweeping federal mandates included in the Executive Order and the SAVE Act would disenfranchise eligible Native voters who are following state laws. We encourage your active engagement with the White House and the Department of Justice to ensure that Native communities are able to exercise the franchise fully and have their voices heard at the ballot box.”
    Tribal IDs are currently an acceptable form of documentation to register to vote in nearly every state, but the SAVE Act and Trump executive order require that an ID must show place of birth and citizenship, which the majority of Tribal IDs lack, adding another barrier to the ballot box for many Native American communities. The Senators underscored that if enacted, these provisions would force Tribal voters who live in rural and remote locations to travel significant distances to prove their citizenship in order to register to vote.
    The Senators also emphasized the disproportionate impact the vote-by-mail restrictions would have on Native communities, which often rely more on mail-in voting because of a lack of infrastructure and transportation access. Trump’s executive order penalizes states that accept absentee or mail-in ballots received after Election Day, harming Native voters in states like Alaska, North Dakota, Oregon, and California that process ballots as long as they are postmarked by Election Day. In Alaska specifically, which has 229 federally recognized Tribes, vote-by-mail is essential because polling sites can be hundreds of miles away for villages that are not on the road system.
    Only 66 percent of Native Americans eligible to participate in elections are currently registered to vote, leaving more than 1 million eligible voting-age Native Americans unregistered. Creating further obstacles to register to vote would likely reduce these numbers even further.
    In addition to Senators Padilla, Schatz, and Wyden, the letter was also signed by Senators Catherine Cortez Masto (D-Nev.), Kirsten Gillibrand (D-N.Y.), Mazie Hirono (D-Hawaii), Tim Kaine (D-Va.), Amy Klobuchar (D-Minn.), Edward J. Markey (D-Mass.), Jeff Merkley (D-Ore.), Jacky Rosen (D-Nev.), Tina Smith (D-Minn.), Chris Van Hollen (D-Md.), and Elizabeth Warren (D-Mass.).
    Senator Padilla has led the charge opposing President Trump and Republicans’ reckless attempts to restrict the right to vote. As President Trump marked 100 disastrous days in office, he recently led his Democratic colleagues on the Senate floor to speak out against the SAVE Act and attacks on election integrity. Last month, Padilla warned Secretaries of State, Lieutenant Governors, and Chief Election Officials across the country of the devastating potential impacts of Republicans’ SAVE Act, concerns that have been echoed by top election officials across the country. He also led 11 Senators in introducing the Defending America’s Future Elections Act to repeal Trump’s illegal anti-voter executive order and prevent the Department of Government Efficiency (DOGE) from accessing sensitive voter registration data and state records. Padilla previously led 14 Democratic Senators in calling on Trump to revoke his illegal anti-voter executive order and issued a statement slamming the order when it was announced.
    Full text of the letter is available here and below:
    Dear Secretary Burgum:
    We write to express our serious concern over the impact of the Administration’s March 25 Executive Order 14284 “Preserving and Protecting the Integrity of American Elections” on Native communities. As former Governor of North Dakota, and now as Secretary of the Interior, you must appreciate that Indian Country faces voting challenges unique to the rest of the country, including remote locations, limited resources, and a legacy of legal discrimination. Unfortunately, both this Executive Order, and the related Safeguard American Voter Eligibility (SAVE) Act (H.R. 22) recently passed by the House of Representatives, would represent the largest steps backwards for Native American voting rights in many decades. We urge you to ensure that the federal government meets its trust responsibility to safeguard Native American voting rights and to engage in Tribal consultation on any new policies that impact the Native vote.
    Enactment of new voter registration policies under the Executive Order and the SAVE Act would lead to mass disenfranchisement of eligible Native voters and further depress the Native vote. For example, both the Executive Order and the SAVE Act include a requirement for voters to provide documentary proof of citizenship when registering or re-registering to vote. Tribal IDs generally lack place of birth information required by the legislation, and the vast majority of these IDs lack the specific U.S. citizenship documentation required by the Executive Order. And the SAVE Act’s in-person requirement would exacerbate existing barriers, such as requiring IDs that list residential mailing addresses, by forcing many Native voters to travel great distances, including costly flights or multi-hour drives, to reach their local elections office or polling place.
    What’s more, under the Executive Order, the Attorney General is directed to take action against states with laws that accept absentee or mail-in ballots received after Election Day. This directive will have a disproportionate impact on Native communities, given the remote locations of many Native communities, along with a general lack of infrastructure and transportation access. As a result, Native voters often must rely on vote-by-mail systems to cast their ballots, but extremely long distances and unpredictable weather can result in mail delays that impact the arrival times of ballots. For example, in states like Alaska, which is home to 229 federally recognized Tribes, voters must rely on mail-in ballots due to the lack of local polling sites in Native villages, the majority of which are not on the road system; in fact, the nearest polling site might be hundreds of miles away by plane or boat. So, it is standard practice for many states to allow ballots to be counted for several days following the federal election as long as they were postmarked before or on election day. Of note, no state allows hand-delivered ballots to be returned after Election Day. If the Executive Order’s provision were enforced, it risks further disenfranchisement of Native voters in states like Alaska, North Dakota, Oregon, and California that accept absentee or mail-in ballots postmarked by the day before Election Day.
    As Secretary of the Interior, you have a special moral and legal responsibility to uphold our nation’s trust and treaty obligations. If implemented, the sweeping federal mandates included in the Executive Order and the SAVE Act would disenfranchise eligible Native voters who are following state laws. We encourage your active engagement with the White House and the Department of Justice to ensure that Native communities are able to exercise the franchise fully and have their voices heard at the ballot box.
    Thank you for your attention to this matter and we welcome the opportunity to further discuss these concerns with you.
    Sincerely,

    MIL OSI USA News

  • MIL-OSI Global: ‘The pope is Peruvian!’ How 2 decades in South America shaped the vision of Pope Leo XIV

    Source: The Conversation – USA – By Matthew Casey-Pariseault, Associate Clinical Professor of History, Arizona State University

    Faithful hold a photo of Robert Prevost, who was elected Pope Leo XIV, in front of the Cathedral of Chiclayo, Peru, where he served as bishop for several years. AP Photo/Manuel Medina

    In his first appearance as Pope Leo XIV on the balcony of St. Peter’s Basilica, the man born Robert Francis Prevost spoke for 10 minutes in Italian. Then he transitioned to Spanish and, with a big grin, gave a greeting to his “beloved diocese of Chiclayo in Peru.”

    Many Peruvians were overjoyed with the election of Leo, whom they are proud to claim as a fellow citizen. “The Pope is Peruvian!” reported the live coverage on Latina Noticias, one of the main national networks. Other news outlets around Lima, where I live, shared similar headlines. Within minutes, all of Peru knew that the new pope, who was born and raised in Chicago, had served in Peru for over two decades and was nationalized as a citizen in 2015.

    During his time in the South American nation, he lived alongside his parishioners through a bloody civil war, a decade-long dictatorship and an unstable post-dictatorship period that has so far led to three former presidents being handed prison sentences. Amid these challenges, Prevost became part of Peruvian society – and, eventually, a leader within it.

    Prevost’s leadership roles in Chicago and Rome were essential in his formation. But as a scholar of religion in Latin America, I believe that it is his time in Peru that has best prepared him to take on the challenges of directing the global Catholic Church. In Peru, where Catholicism permeates public life, Prevost encountered deep social and political challenges in ways that bishops in many other countries may never face so directly.

    Missionary during war and dictatorship

    Prevost first arrived in Peru in 1985. A member of the Order of St. Augustine, the young man had been sent to its mission in Chulucanas, in the northern province of Piura. Chulucanas is about 30 miles east of the regional capital, where the desert coast begins to rise up into the Andes.

    After a year, Prevost left to finish his doctoral degree and serve briefly in Illinois. But he soon returned to Peru, serving as a missionary in the northern city of Trujillo. He stayed there through the remainder of the 1980s and 1990s, amid civil war between the government and various militant groups – primarily the Maoist guerrillas of Sendero Luminoso, or “Shining Path,” who aimed to install a communist state.

    The violence hit other regions more severely, but Trujillo and the surrounding area were home to car bombs, sabotaged electrical grids and brutal military dragnet operations. Prevost accompanied Peruvians through some of the darkest days of the country’s history.

    During these years, Prevost trained future clergy and served as a parish priest. One fellow Augustinian recalled that Prevost played a key role in recruiting and training Peruvian candidates to the priesthood. Prevost also founded the Trujillo parish of Nuestra Señora de Montserrat, where his parishioners knew him as “Padre Roberto.”

    As the country transitioned away from the civil war period, which ultimately left nearly 70,000 dead, Prevost remained in Peru. During the 1990s, President Alberto Fujimori’s government built a polarizing legacy by undermining democracy and citizenship rights while capturing the two most powerful guerrilla leaders.

    Peruvian families carry remains of recently identified relatives who were killed years ago, during the insurgency, to the cemetery for burial in 2022.
    AP Photo/Martin Mejia

    As I show in my research, religion and politics are deeply intertwined in Peru. By the 1990s, the Peruvian Catholic Church was divided between members who spoke out in defense of human rights and those who defended the often brutal tactics of the government. Juan Luis Cipriani Thorne, who was then the archbishop of Ayacucho – the Andean stronghold of Sendero Luminoso – became a spokesperson for the pro-state faction, framing defenders of human rights as apologists for terrorism.

    Prevost was among those who maintained a critical view of any party, including the government, that committed human rights abuses. Diego Garcia-Sayan, the country’s former minister of justice and foreign affairs, recently wrote an op-ed praising Prevost’s willingness to speak out against attempts to legalize the death penalty and to defend embattled human rights organizations.

    From Chiclayo to the Vatican

    After returning to the United States in 1999, Prevost rose through the leadership ranks of the Augustinian order. He was sent back to Peru in 2014, when Pope Francis named him the apostolic administrator, and later bishop, of the northern diocese of Chiclayo.

    As bishop, Prevost emerged as a voice for democracy and justice. In a 2017 public statement to national media, he urged former President Fujimori to “personally ask forgiveness for the great injustices that were committed and for which he was prosecuted.”

    During his tenure as bishop, Prevost helped guide his community through the COVID-19 pandemic. He also played a key role ministering to Chiclayo’s growing population of Venezuelan migrants.

    Venezuelan Betania Rodriguez on May 10, 2025, shows a photo taken with Pope Leo XIV at a migrant shelter in Chiclayo, Peru.
    AP Photo/Guadalupe Pardo

    Meanwhile, he was gaining the confidence of his peers, as well as Pope Francis. Prevost was given a leadership role in the Peruvian Conference of Bishops and played a central role during Francis’ 2018 visit to Peru. In 2023, Francis named Prevost prefect of the Dicastery of Bishops, the oversight body for naming new bishops across the world.

    Prevost took the position in Rome but was sad to leave Peru again. “This time, again, it will be hard for me to leave here,” Prevost told Peruvian media.

    In recent years, Prevost has taken on causes central to Francis’ papacy. He was a key actor in the Vatican investigations of a Peruvian organization, Sodalicio de Vida Cristiana, which was found to have committed dozens of sexual and psychological abuses dating back to the 1970s. Francis dissolved the organization in 2025. Prevost has also developed an increased focus on Indigenous and environmental rights, in line with Francis’ 2015 encyclical Laudato Si and 2019 conference for bishops in the Amazon.

    Local celebrations

    Photographs and memes celebrating the Peruvian pope have flown around social media and WhatsApp groups in Peru. The photos of Prevost eating traditional dishes from the north coast are especially popular. AI-generated memes of the pope wearing the Peruvian national soccer jersey or eating ceviche with an Inca Kola soda are making the rounds.

    In Chicalayo and Trujillo, in addition to official church celebrations, thousands have taken to the streets to express their joy with placards and chants.

    Leo XIV has clearly brought the memory of his years in Peru with him to the Vatican. He has chosen Edgard Rimaycuna, a Peruvian priest whom the pope knew from his time in Chiclayo, as his personal secretary.

    I believe the challenges that Leo guided his parishioners through in two decades in Peru should offer valuable lessons for the new pope to build on the legacy of Francis, the first Latin American pope.

    Matthew Casey-Pariseault does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. ‘The pope is Peruvian!’ How 2 decades in South America shaped the vision of Pope Leo XIV – https://theconversation.com/the-pope-is-peruvian-how-2-decades-in-south-america-shaped-the-vision-of-pope-leo-xiv-256415

    MIL OSI – Global Reports

  • MIL-OSI Video: Department of State Press Briefing – May 13, 2025

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

    Department Press Briefing with Principal Deputy Spokesperson Tommy Pigott at the Department of State.

    ———-
    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
    X: https://x.com/StateDept
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    Substack: https://statedept.substack.com

    Watch on-demand State Department videos: https://video.state.gov/
    Subscribe to The Week at State e-newsletter: https://public.govdelivery.com/accounts/USSTATEBPA/signup/32562

    State Department website: https://www.state.gov/
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    White House website: https://www.whitehouse.gov/
    Terms of Use: https://state.gov/tou

    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=sPZF3_WCRhg

    MIL OSI Video

  • MIL-OSI USA: Governor Newsom’s budget to help lower drug costs, expand authority to access medication abortion through CalRx

    Source: US State of California 2

    May 13, 2025

    What you need to know: Governor Newsom will take action tomorrow to lower drug prices, increase transparency for PBMs, and expand authority for the state to acquire medication abortion.

    Sacramento, California – As part of the 2025-26 May Revision, Governor Gavin Newsom will propose two major actions to reduce prescription drug costs and safeguard reproductive freedom by expanding access to medication abortion.

    “Prescription drug prices are out of control and we’re shining a light on hidden costs — while also giving CalRX more tools to respond to supply chain disruptions, market manipulation, or politically motivated abortion restrictions.”

    Governor Gavin Newsom

    Pharmacy Benefit Managers: Pharmacy Benefit Managers (PBMs) act as middlemen between drug manufacturers, pharmacies, and insurers — often driving up costs in the process. The Governor’s May Revision proposes new state oversight to increase transparency and cut costs. Under this proposal:

    • PBMs must be licensed and regulated by the Department of Managed Health Care (DMHC).

    • They must report operational and financial details, including audited statements and will have a fiduciary duty to clients, holding PBMs to a higher ethical standard.

    • DMHC will review PBM contracts and perform regular financial audits.

    • As part of licensure, PBMs must report detailed drug pricing data to the Department of Health Care Access and Information (HCAI), the state’s health data agency.

    • DMHC will have clear authority to enforce rules and penalize violations.

    Expanding CalRx for brand-name drugs: The May Revision proposes expanding the authority of CalRx to purchase brand-name drugs. This change gives the state more tools to respond to supply chain disruptions, market manipulation, or politically motivated restrictions that could threaten access to essential medications — including medication abortion.

    By expanding CalRx’s scope, California will be better positioned to:

    • Secure affordable supply of both generic and brand-name drugs.

    • Maintain uninterrupted access to medications at risk of shortage or political interference.

    • Strengthen the state’s ability to protect reproductive health care options, including mifepristone and other medications under attack in other states.

    Members of the press who wish to attend tomorrow’s release of the revised budget plan can learn more HERE.

    Recent news

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    News What you need to know: Sacramento’s Monarch housing project is the latest affordable housing site brought to fruition under Governor Newsom’s executive order to develop excess and underutilized state lands into affordable new homes. SACRAMENTO — Governor Gavin…

    News What you need to know: Thanks to Prop 1, today’s funding is estimated to create over 5,000 residential treatment beds and more than 21,800 outpatient treatment slots for behavioral health and will build upon other major behavioral health initiatives in…

    MIL OSI USA News

  • MIL-OSI USA: InCHIP Supports Principal Investigators Amid Uncertainty in Federal Research Funding

    Source: US State of Connecticut

    On Friday, May 30, UConn’s Institute for Collaboration on Health, Intervention, and Policy (InCHIP) will hold a virtual coffee break for faculty to receive updates on the evolving federal research funding landscape and guidance for writing competitive grant applications in the current climate.

    The event will feature a panel of InCHIP principal investigators (PIs) who have submitted a federal funding proposal this year. In addition, leaders from InCHIP and the Office of the Vice President for Research will share advice from program officers at the National Institutes of Health and answer questions about the impact of federal funding on the university.

    Information for the upcoming coffee hour can be found on InCHIP’s website, chip.uconn.edu.

    This event is part of InCHIP’s recurring coffee hours, which provide faculty a space to informally discuss their experiences with federal funding changes and create a network of support.

    Caitlin Caspi, Director of Food Security Initiatives at the UConn Rudd Center for Food Policy and Health, and Associate Professor of Allied Health Sciences

    “These events are important for us to get an idea of how changes in federal funding are affecting faculty and how InCHIP can support PIs and their research,” says Caitlin Caspi, associate director of InCHIP and director of Food Security Initiatives at the UConn Rudd Center for Food Policy and Health.

    Faculty from UConn Storrs, UConn Health, regional campuses, and various schools and colleges have participated, highlighting strong interest and demand for these events.

    Caspi spearheaded the coffee hours in response to unprecedented funding cuts at the National Institutes of Health (NIH). According to the Association of American Medical Colleges (AAMC), about $1.9 billion in research and career development funding to U.S. institutions has been terminated. AAMC data shows that Connecticut has lost more than $12 million in NIH funding.

    Scientific research is a core component in the economic engine of Connecticut and the United States. Government-funded research also fuels cures for debilitating diseases and innovation.

    A 2019 study published in Science by researchers at the University of California, Berkely, the University of Connecticut, Boston University, and Harvard University quantified the impact of federal research dollars on patents. The authors found that nearly one-third of U.S. patents rely on federal research dollars and established that corporations have become more reliant on government investment.

    In addition to the impacts on innovation, the cuts have socioeconomic implications. As the largest public funder of biomedical research, the NIH provided key support for research that improves public health and well-being, especially for historically understudied populations and fields.

    Grant terminations have most heavily impacted research areas like HIV/AIDS, sexual and gender minorities, COVID-19, and climate science – many of which are InCHIP priorities. In response, leadership is working to expand support for investigators beyond the coffee hours.

    First, InCHIP continues to offer seed grant funding to support innovative pilot research that will serve as the foundation for future external funding proposals.

    Tricia Leahey of the Department of Allied Health Sciences (AHS) in the College of Agriculture, Health and Natural Resources (CAHNR), and director of the UConn Institute for Collaboration on Health, Intervention, and Policy (InCHIP)

    “InCHIP seed grants support innovative pilot research in emerging areas and PI career growth. In unstable financial times, these internal funding opportunities can act as lifelines to keep research moving forward,” says Tricia Leahey, director of InCHIP.

    For the Spring 2025 semester, InCHIP offered internal funds for projects that aim to address health challenges and concerns affecting understudied populations in Connecticut and the United States.

    Specifically, InCHIP has partnered with the UConn Gladstein Family Human Rights Institute to fund projects that explore the areas of health equity, human rights, and social justice. InCHIP expects to fund 2 projects under this opportunity.

    InCHIP also offered seed grants in environment and health, community-engaged research, and women’s health, along with core funding for career development, and team formation, bridge funding, and project completion.

    The spring application cycle has closed, but investigators are encouraged to check InCHIP’s website during the fall semester.

    InCHIP is also supporting PIs who received award termination from the NIH, from navigating logistics to providing financial support. In addition, InCHIP is helping PIs navigate the changing funding landscape through grant writing workshops and identifying non-federal funding sources.

    Next semester, InCHIP will offer a grant writing workshop focused on foundation opportunities. The goal of the workshop is to help PIs learn best practices for crafting competitive proposals. Modeled after InCHIP’s Spring 2025 NIH grant writing bootcamp, the workshop builds on this semester’s successful bootcamp and follow-up seminar, which is providing researchers hands-on experience and in-depth feedback on their grant proposals.

    Details about the foundation grants workshop will be announced on InCHIP’s website.

    MIL OSI USA News

  • MIL-OSI Video: NASA YouTube (Official Channel Trailer)

    Source: United States of America – Federal Government Departments (video statements)

    Subscribe to NASA’s flagship YouTube channel to join astronauts on a spacewalk, watch rocket launches, see innovative technology, chat with scientists, and so much more. This is your ticket to discover, innovate and explore with NASA.

    Visit https://www.nasa.gov for information about NASA missions.

    Producer/Editor: Shane Apple
    Music: Universal Production Music
    Credit: NASA

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

    MIL OSI Video

  • MIL-OSI Video: 10 to 1 Deregulatory Agenda

    Source: United States of America – Federal Government Departments (video statements)

    If you know a regulation that’s making our health system worse, not better—tell us. Submit your ideas at https://www.regulations.gov/deregulation. We’re listening.

    In order to Make America Healthy Again, providers and caretakers must have the critical opportunity to focus on preventing and treating chronic diseases. Their time and talent should not be spent doing unnecessary or burdensome paperwork.

    U.S. Department of Health and Human Services (HHS) | http://www.hhs.gov

    http://www.Twitter.com/HHSGov | http://www.Facebook.com/HHS http://www.Instagram.com/HHSGov
    http://www.LinkedIn.com/company/us-department-of-health-and-human-services

    HHS Privacy Policy: http://www.hhs.gov/Privacy.html

    https://www.youtube.com/watch?v=N9UlvlegUhE

    MIL OSI Video

  • MIL-OSI USA: Hawley Statement on Passing of Kit Bond

    US Senate News:

    Source: United States Senator Josh Hawley (R-Mo)

    Tuesday, May 13, 2025

    Today U.S. Senator Josh Hawley (R-Mo.) released the following statement after the passing of former U.S. Senator and Missouri Governor Christopher S. “Kit” Bond.

    Erin and I were saddened to hear of the death of our friend, Kit Bond. What a champion for Missouri. He served his state and his nation with the utmost distinction for decades – and he was above all a fine man. He & Linda have been such good friends to Erin and me. We are…
    — Josh Hawley (@HawleyMO) May 13, 2025

    MIL OSI USA News

  • MIL-OSI Security: U.S. Attorney’s Office Filed 176 Border-Related Cases

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    SAN DIEGO – Federal prosecutors in the Southern District of California filed 176 border-related cases this week, including charges of assault on a federal officer, bringing in aliens for financial gain, reentering the U.S. after deportation, and importation of controlled substances.

    The U.S. Attorney’s Office for the Southern District of California is the fourth-busiest federal district, largely due to a high volume of border-related crimes. This district, encompassing San Diego and Imperial counties, shares a 140-mile border with Mexico. It includes the San Ysidro Port of Entry, the world’s busiest land border crossing, connecting San Diego (America’s eighth largest city) and Tijuana (Mexico’s second largest city).

    In addition to reactive border-related crimes, the Southern District of California also prosecutes a significant number of proactive cases related to terrorism, organized crime, drugs, white-collar fraud, violent crime, cybercrime, human trafficking and national security. Recent developments in those and other significant areas of prosecution can be found here.

    A sample of border-related arrests this week:

    • On May 8, Ismael Castro-Gonzalez, a Mexican national, was arrested and charged with Assault on a Federal Officer and Attempted Entry of a Removed Alien. According to a complaint, two Border Patrol agents were attacked by Castro and others when they attempted to rescue Castro, who was hanging from barbed wire on the border wall with a broken ladder nearby. The agents were pelted with rocks by other immigrants, including one who was sitting atop the wall. One agent grabbed Castro’s right hand and forced him to release the wire. Once he broke Castro’s grip, the agent was able to pull Castro from the wire and take him to the ground, where Castro continued to struggle and attempted to tackle the agent. As they fell to the ground, Castro started reaching for the agent’s gun and collapsible steel baton.  The two agents were able to subdue Castro and arrest him. Castro was previously deported to Mexico on June 29, 2022, through the San Ysidro Port of Entry.
    • On May 6, Rosa Cervantez, a U.S. citizen, was arrested and charged with Importation of a Controlled Substance. According to a complaint, Cervantez attempted to cross the border in the SENTRI lane at the Calexico West Port of Entry but a Customs and Border Protection officer discovered 36 plastic-wrapped packages hidden in a spare tire well of her car containing 85 pounds of fentanyl and more than 2 pounds of cocaine.
    • On May 7, Salvador Hernandez, a U.S. citizen, was arrested and charged with Importation of a Controlled Substance. According to a complaint, Hernandez attempted to smuggle three pounds of methamphetamine through the pedestrian lanes of the Otay Mesa Port of Entry. Customs and Border Protection officers found three packages concealed in Hernandez’s waistline secured with Saran Wrap.
    • On May 7, Jose Tomas Lopez-Navarro of Honduras was arrested and charged with Attempted Entry after Deportation. According to a complaint, Lopez-Navarro submitted a counterfeit passport to a Customs and Border Patrol officer when asking to be admitted to the U.S. at the San Ysidro Pedestrian East Port of Entry. Lopez-Navarro had been previously removed from the U.S. to Honduras on February 4, 2025.

    Also recently, a number of defendants with criminal records were convicted by a jury or sentenced for border-related crimes such as illegally re-entering the U.S. after previous deportation. Here are a few of those cases:

    • On April 30, Abner Leon-Mote, a Mexican national who was previously convicted of felony Assault with a Deadly Weapon in April 2018, was found guilty by a jury of Attempted Reentry of Removed Alien for again entering the U.S. illegally. Sentencing is scheduled for July 29, 2025 and Leon-Mote faces a maximum sentence of 20 years in prison.
    • On May 5, Omar Laveaga-Flores, a Mexican national who was previously convicted of an illegal entry offense in Arizona in 2022, was sentenced in federal court to 60 days in custody for again entering the U.S illegally.
    • On May 8, Juan Melgoza-Soto and Santiago Alfredo Gonzalez Hara, previously removed Mexican nationals, were sentenced in federal court to 73 days in custody for bringing an undocumented alien into the United States from Mexico.
    • On May 9, Martin Josue Gutierrez, a U.S. citizen, was sentenced to six months in custody for Transportation of Certain Aliens. The defendant had seven undocumented individuals in a truck, including several under a tarp in the bed of the truck, and failed to yield during an attempted vehicle stop by law enforcement.

    Pursuant to the Department’s Operation Take Back America priorities, federal law enforcement has focused immigration prosecutions on undocumented aliens who are engaged in criminal activity in the U.S., including those who commit drug and firearms crimes, who have serious criminal records, or who have active warrants for their arrest. Federal authorities have also been prioritizing investigations and prosecutions against drug, firearm, and human smugglers and those who endanger and threaten the safety of our communities and the law enforcement officers who protect the community.

    The immigration cases were referred or supported by federal law enforcement partners, including Homeland Security Investigations (HSI), Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), Customs and Border Protection, U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), with the support and assistance of state and local law enforcement partners.

    Indictments and criminal complaints are merely allegations and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI

  • MIL-OSI Security: Memphis Men Sentenced to Federal Imprisonment for Participation in 2021 Business Robbery

    Source: Federal Bureau of Investigation (FBI) State Crime News

    Memphis, TN – Three Memphis men have been sentenced to a total of over 30 years in federal prison after being convicted of a business robbery that occurred in the fall of 2021. Joseph C. Murphy, Jr., Interim United States Attorney for the Western District of Tennessee, announced the sentences today.

    According to the information presented in court, Anthony Lewis, 36Kyle Walker, 22, and Aramis Smith, 34, participated in an armed robbery in the early morning of November 10, 2021.  Walker and Lewis entered a gas station on Summer Avenue in Memphis, while Smith waited outside in the getaway car.  Walker and Lewis approached the lone clerk as she was stocking the shelves. Walker grabbed her and brandished a firearm as he made threats and pushed her to the registers.  Lewis moved to the doorway and stood as a lookout as Walker forced the clerk to empty the register.  The trio fled with approximately $100.  

    Unbeknownst to the robbers, a good Samaritan saw the robbery in progress, called 911 and provided a description of the getaway vehicle.  Dispatchers relayed the robbery in progress call to Memphis Police Department officers; and undercover officers with the Violent Crime Unit (VCU) observed the suspect vehicle fleeing the scene.  VCU officers followed the suspect vehicle on I-240 as they coordinated additional units to arrive and make a traffic stop. When marked units were in place, officers attempted to stop the suspect vehicle with lights and sirens; but the vehicle fled.  Ultimately, the suspect vehicle wrecked on the off-ramp immediately before the Hernando DeSoto Bridge; and officers engaged in a brief foot pursuit with two of the suspects before they were all taken into custody.

    All three men pled guilty to one count of business robbery. Walker and Lewis also pled guilty to one count of aiding and abetting the brandishing of a firearm during a crime of violence.   

    Senior United States District Court Judge John T. Fowlkes, Jr. sentenced Walker to 125 months of imprisonment on August 31, 2023, and Smith to 120 months of imprisonment on February 21, 2024.  Lewis was sentenced to 147 months on May 1, 2025 by United States Court of Appeals for the Sixth Circuit Judge Andre B. Mathis.  Additionally, on May 8, 2025, Judge Fowlkes sentenced Lewis to an additional 24 months in federal prison as a result of his Supervised Release Violation based on this case and a prior federal conviction.   There is no parole in the federal system.

    The Federal Bureau of Investigation’s Safe Streets Task Force and the Memphis Police Department investigated this case.

    Assistant United States Attorneys Greg Wagner and Lynn Crum prosecuted this case on behalf of the government.  Former Assistant United States Attorney Courtney Lewis also assisted in prosecuting this case on behalf of the United States.

    ###

    For more information, please contact the media relations team at USATNW.Media@usdoj.gov. Follow the U.S. Attorney’s Office on Facebook or on X at @WDTNNews for office news and updates.

    MIL Security OSI

  • MIL-OSI USA: Sacramento breaks ground on project to transform underutilized state land into affordable housing community

    Source: US State of California 2

    May 13, 2025

    What you need to know: Sacramento’s Monarch housing project is the latest affordable housing site brought to fruition under Governor Newsom’s executive order to develop excess and underutilized state lands into affordable new homes.

    SACRAMENTO — Governor Gavin Newsom today announced the groundbreaking of Monarch in Sacramento – the city’s third affordable housing community created on excess state land. The Monarch community will transform a former state-owned storage warehouse into 241 homes for low- to extremely low-income Sacramentans and is made possible by Governor Newsom’s executive order to identify and prioritize underutilized state property for clean, innovative, and cost-effective housing.

    “Today’s groundbreaking in Sacramento illustrates the life-altering possibilities of converting excess and underutilized state lands into thriving local communities. With 32 housing developments currently awarded, California’s Excess Sites program provides the innovative boost needed to help alleviate the state’s affordable housing shortage.”

    Governor Gavin Newsom

    First-in-the-nation program

    Governor Newsom’s Excess Sites Program was the first housing initiative nationwide to release all state land identified as suitable and available for affordable housing development.

    The Department of General Services (DGS) and the California Department of Housing and Community Development (HCD) partner to administer the Excess Sites Program, identifying state-owned land available and suitable for housing, and making a public digital inventory of these properties. In February 2025, Governor Newsom revamped and streamlined the Excess Sites Program by announcing a Developer Interest Submission Portal, making it easier for developers to submit proposals on state excess sites projects – improving the speed and efficiency with which state land is leased for affordable housing.

    “Thanks to California’s Excess Sites Program, 20 previously under-utilized state properties will soon be transformed into 4,300 housing units, including the 241 homes at the Monarch,” said Business, Consumer Services and Housing Agency Secretary Tomiquia Moss. “Through continued investments in the Excess Sites program, the state is encouraging infill development, building affordable homes, and promoting healthier communities for future generations of Californians.”

    About the project

    Monarch will bring much-needed affordable housing to a vibrant and growing mixed-use neighborhood in close proximity to transit, parks, restaurants, and shopping. 20 units will be reserved for people exiting or at risk of homelessness, with supportive services provided by Lutheran Social Services. 

    Rendering of the Monarch housing development

    “Monarch will ensure a safe haven for hundreds of Sacramentans whose access to secure housing is especially needed,” said Government Operations Agency Secretary Nick Maduros. “A stable home and proximity to amenities will allow Monarch’s residents to thrive and contribute to the renaissance taking place in this area of downtown.”

    Monarch will include 3,428 square feet of retail space, 264 secured bicycle parking spaces, and 33 vehicle parking spots.

    “Projects like Monarch are helping to breathe new life into city centers,” said HCD Director Gustavo Velasquez. “It is extremely gratifying to help make the Governor’s vision for state lands a reality, as properties that are not needed for a government purpose can advance the greater good of making affordable housing available in high-resource areas that connect Californians to opportunity and community.” 

    Monarch received $10 million in funding from HCD’s Local Government Matching Grant program to match the $3.3 million in funding from the City of Sacramento, waived impact fees from the City and County of Sacramento, and an $8 million gap loan from CADA, one of the site’s developers. Another $4 million was contributed by the California Housing Finance Agency through its Mixed-Income Program. The community is expected to welcome residents in the Spring of 2027.

    “This is yet another significant partnership between DGS and CADA to create an affordable housing project here in Sacramento under the Governor’s Executive Order,” said DGS Director Ana M. Lasso. “It is so inspiring to see excess state-owned property repurposed to create living spaces that strengthen the local community here in the capital city.”

    Since Governor Newsom launched the Excess Sites Program through his executive order, 32 housing development projects have been awarded totaling 4,300 homes in various phases of development. This pipeline includes 234 homes that are already constructed and occupied with another 424 homes currently under construction. 

    Transforming underutilized state land

    In 2019, Governor Gavin Newsom issued an executive order calling on HCD and DGS to address the state’s affordable housing crisis by identifying underutilized state-owned sites for the development of affordable housing, taking into account factors such as proximity to job centers, amenities, and public transit. The order has since been utilized to create hundreds of affordable homes, including:

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    MIL OSI USA News

  • MIL-OSI USA: Improving Drinking Water, Protecting Public Health

    Source: US State of New York

    overnor Kathy Hochul today announced the start of construction of a critical project to replace nearly 2,500 lead service lines in the City of Albany, improving drinking water, protecting public health, and enhancing quality of life. It’s the first project to get underway with the Governor’s new Lead Infrastructure Forgiveness and Transformation Grants – a $100 million statewide initiative to help local governments get the lead out. This funding is a key component of the governor’s comprehensive strategy to rid New York’s water systems of dangerous lead pipes while protecting the pockets of local ratepayers.

    “Removing lead from our water systems is not just a matter of public health, it’s a matter of equity, safety, and affordability for all communities,” Governor Hochul said. “I’ll keep fighting to ensure local governments can fund essential upgrades to their water systems without taking on crippling debt and overburdening New York families who deserve safe, clean water at rates they can afford.”

    The $12.9 million project spans all 15 city wards, focused on streets containing water mains installed prior to 1975. The project will provide full lead service line replacement to entire street segments at no cost to homeowners or renters.

    Albany was one of 12 municipalities awarded this state grant to fully cover the cost of their lead service line replacement. This $3.9 million state grant for Albany will reimburse costs that were not fully covered by the $9 million federal grant, so at completion of the project, the city will not need to pay back the $3.9 million in EFC financing. The initiative delivers on Governor Hochul’s affordability and safety agenda, helping to ensure local ratepayers in these communities will not bear the financial burden of these vital water quality projects.

    Representative Paul Tonko said, “Science tells us that there is no safe level of lead exposure. Yet millions of lead service lines remain in operation across the country, putting the health and safety of American families at risk. This initiative will bring us closer to a lead-free future by replacing nearly 2,500 lead service lines in the City of Albany, ensuring safe drinking water and improved quality of life for residents across the city. The replacement of lead service lines is one of the best investments we can make in the future of our communities, and I applaud Governor Hochul for recognizing and acting on this critical issue. Going forward, I remain committed to securing additional federal funding to realize our mission to get the lead out of our drinking water and ensure that every New Yorker and every American knows the water from their tap is clean and safe.”

    Albany Mayor Kathy Sheehan said, “Thank you Governor Hochul, President Coleman, and Dr. McDonald for your support in transforming Albany’s water infrastructure. I also want to applaud the Albany Water Department and Commissioner Joseph Coffey for taking the initiative to work toward creating a lead-free water system for our City. Across the country, millions of homes still receive drinking water through privately-owned lead services lines, and it is estimated 40% of the homes in Albany fall into this category. As we know, this issue has disproportionately impacted Albany’s historically underserved neighborhoods, making this initiative vital to ensuring every resident in our city has clean, safe drinking water. Since taking office, my administration has invested more than $150 million in water and sewer infrastructure improvements – a larger investment over the past 12 years than the 20 previous years combined – and this program is yet another example of my administration’s commitment to equitably investing in our City’s infrastructure.”

    Lead is harmful to human health and can enter drinking water when plumbing materials that contain lead corrode, especially where the water has high acidity or low mineral content that corrodes pipes and fixtures. The most common sources of lead in drinking water are lead pipes, faucets, and fixtures. In homes with lead pipes that connect the home to the water main, also known as lead services lines, these pipes are typically the most significant source of lead in the water. Lead pipes are more likely to be found in older cities and homes built before 1986.

    This funding is part of a $340 million statewide initiative that combines state resources with federal grants to remove lead pipes from water systems across New York. Coupling state and federal funding takes the fiscal pressure off communities, allowing them to replace more lead service lines without incurring additional costs. The State’s strategic approach continues to provide communities with the resources they need to improve their water infrastructure without putting undue financial strain on ratepayers.

    New York State Health Commissioner Dr. James McDonald said, “The $100 million Lead Infrastructure Forgiveness and Transformation program represents Governor Hochul’s continued commitment to safeguarding our drinking water by eliminating lead from plumbing and protecting the health of our communities. We thank the Environmental Facilities Corporation and our federal partners for their collaborative leadership and investments in ensuring the water delivered to consumers here in Albany and throughout New York State meets the highest standards.”

    New York State Environmental Facilities Corporation President and CEO Maureen A. Coleman said, “Governor Hochul’s landmark $100 million initiative is helping to ensure that New Yorkers – no matter where they live – have access to clean, safe, and affordable drinking water. EFC is pleased to work with the Department of Health and local governments to get these dollars out the door quickly so communities can get shovels in the ground for their projects. I commend Mayor Sheehan and her administration for their extraordinary work in undertaking these life-saving system improvements for the people of Albany.”

    State Senator Patricia Fahy said, ““There are more than 13,000 lead pipes in the City of Albany alone. When we turn on the tap, we expect our water to be clean, lead-free, and drinkable. Today’s investment represents one of the first bold steps towards ensuring that every child in our Capital Region has access to clean, fresh water. I look forward to working with my colleagues in the State Senate to continue funding lead pipe replacement and clean water infrastructure in every community across the 46th District: rural, suburban, and urban.”

    Assemblymember John T. McDonald III, RPh said “As both a legislator and a former mayor, I know firsthand how vital it is to invest in infrastructure that protects public health without placing an undue burden on our communities. This lead service line replacement project represents exactly the kind of forward-thinking investment we need. Thank you to Governor Hochul, the Environmental Facilities Corporation, and the Department of Health for their leadership and commitment to getting the lead out and delivering cleaner, safer drinking water for all. Today’s groundbreaking in Albany is an example of what we can achieve when state and local governments work together to prioritize the health and safety of our residents.”

    Assemblymember Gabriella Romero said, “Safe, clean drinking water should be a fundamental right. The Lead Infrastructure Forgiveness and Transformation Grants are a critical initiative to not only remove lead from our service lines, but also make sure that cost doesn’t fall on Albany families and local governments. This investment from Governor Hochul is a huge win for Albany to make sure our state and local government can work together to ensure city residents have safe drinking water without footing the bill.

    Albany County Executive Daniel P. McCoy said, “Every community deserves safe drinking water, and this $100 million investment is a major step toward delivering that. This project is about more than pipes and pavement, it’s about laying a foundation for a more resilient and equitable city for generations to come. I thank Governor Hochul for her continued commitment to the health and safety of our residents.”

    Albany Water Commissioner Joseph Coffey said, “In 2019, the Albany Water Department and Albany Water Board included in our strategic plan an initiative to remove all lead water services by 2034. Since 2019, we have replaced over 1700 lead water services. The Water Board created a grant reimbursement program in 2021 to assist homeowners in replacing lead water services and to date, over 780 grants have been awarded totaling over $1.2 million. Now, with the support of Governor Hochul, the Environmental Facilities Corporation, and the NYS State Health Department, this funding will be a catalyst to advance our goal of removing all lead water services in the city.”

    New York’s Commitment to Water Quality
    New York State continues to increase its nation-leading investments in water infrastructure, including more than $2.2 billion in financial assistance from EFC for local water infrastructure projects in State Fiscal Year 2024 alone. With $500 million allocated for clean water infrastructure in the FY25 Executive Budget announced by Governor Hochul, New York will have invested a record $6 billion in water infrastructure since 2017. New Yorkers can track projects benefiting from EFC’s investments using the interactive project impact dashboard.

    MIL OSI USA News

  • MIL-OSI USA: Travel Advisory: RIDOT to Shift Travel Lanes on I-95 at Route 10 in Cranston

    Source: US State of Rhode Island

    On Friday night, May 16, the Rhode Island Department Transportation (RIDOT) will shift all travel lanes on I-95 North and South to the right, at the Route 10 interchange in Cranston. The change is related to the ongoing I-95 15 Bridges project and is being done in advance of work to rebuild the Huntington Viaduct that carries Route 10 over I-95.

    Lanes will be narrowed but all on- and off-ramps will remain open. RIDOT encourages drivers to reduce their speed, avoid distractions, and drive carefully through the work zone. The change will be effect into the 2026 construction season, followed by additional lane shifts RIDOT will announce well in advance.

    The I-95 15 Bridges project will remove 15 bridges from the state’s backlog of poor and fair to poor condition bridges along I-95 and Route 10 between Providence and Warwick. Nine of the 15 bridges are structurally deficient. Three are rated among the top five most traveled structurally deficient bridges in Rhode Island. At the Huntington Viaduct, RIDOT will redesign the entire interchange of Route 10 with I-95. More details are available at www.ridot.net/The-I-95-15.

    All construction projects are subject to changes in schedule and scope depending on needs, circumstances, findings, and weather.

    The I-95 15 Bridges project is made possible by RhodeWorks. RIDOT is committed to bringing Rhode Island’s infrastructure into a state of good repair while respecting the environment and striving to improve it. Learn more at www.ridot.net/RhodeWorks.

    MIL OSI USA News

  • MIL-OSI Russia: Peng Liyuan, Brazil’s First Lady Visit National Centre for the Performing Arts in Beijing

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BEIJING, May 13 (Xinhua) — Peng Liyuan, wife of Chinese President Xi Jinping, and Rosangela Lula da Silva, wife of Brazilian President Luiz Inacio Lula da Silva, visited the National Center for the Performing Arts (NCPA) in Beijing on Tuesday.

    R. Lula da Silva accompanies the Brazilian leader during his state visit to China.

    Peng Liyuan and the Brazilian First Lady toured the interior architecture of the NCCA, visited the exhibition of the center’s artistic achievements entitled “Stage of Enduring Glory”, and learned about the NCCA’s activities in promoting international cultural exchanges and popularizing the arts. After the tour, Peng Liyuan invited R. Lula da Silva to enjoy excerpts from classical Chinese operas and a choral performance of Chinese and Brazilian songs.

    Stressing that both China and Brazil are cultural powers, Peng Liyuan drew attention to the intensification of bilateral cultural and humanitarian exchanges in recent years and the deepening mutual understanding and friendship between the peoples of the two countries. The spouse of the Chinese leader expressed hope that the parties will maintain this positive momentum and promote further rapprochement between the two peoples.

    R. Lula da Silva, for her part, expressed her heartfelt gratitude to Peng Liyuan for her hospitality and admired the brilliant performance of the singers. She praised China’s achievements in development and its magnificent culture, expressing her intention to actively promote cultural and humanitarian exchanges between the two countries and make new contributions to deepening the friendship between Brazil and China. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Chinese Premier Congratulates M. Carney on Taking Office as Prime Minister of Canada

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    BEIJING, May 13 (Xinhua) — Chinese Premier Li Qiang on Tuesday sent a message to Mark Carney, congratulating him on his assumption of office as prime minister of Canada.

    Noting that China attaches great importance to its relations with Canada, Li Qiang stressed that he hopes to join hands with M. Carney to take advantage of the 55th anniversary of the establishment of diplomatic relations and the 20th anniversary of the establishment of strategic partnership to push China-Canada ties in the right direction of improvement and development on an equal and mutually respectful basis, to the benefit of both countries and their peoples. –0–

    MIL OSI Russia News