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Category: Americas

  • MIL-OSI Europe: Cardinal Parolin to young people at the “Jubilee for Adolescents”: may Pope Francis’ legacy become a way of life

    Source: Agenzia Fides – MIL OSI

    VaticanMedia

    Vatican City (Fides Agency) – In times of darkness, “the Lord comes to us with the light of the Resurrection to illuminate our hearts.” This is what happened to Jesus’ disciples when they encountered the Risen One, who after Jesus’ death on the cross had felt “ orphaned, alone, lost, threatened and helpless”. This is happening again today, with the light of Easter illuminating even the sadness over the end of Pope Francis’ earthly life.On the sun-drenched St. Peter’s Square, Cardinal Pietro Parolin addressed the approximately 200,000 young people who had come to Rome from all over the world to participate in the Holy Year of Youth with words of hope and Easter joy during the funeral Mass for the late Pope on the second day of the “Novendiale.”Easter joy, the Venetian cardinal told the boys and girls, “ can almost be touched in this square today; you can see it etched above all in your faces, dear children and young people who have come from all over the world to celebrate the Jubilee. You come from so many places: from all of the dioceses of Italy, from Europe, from the United States to Latin America, from Africa to Asia, from the United Arab Emirates… with you here, the whole world is truly present!”Cardinal Parolin recalled that Pope Francis, quoting the Apostolic Exhortation Evangelii gaudium, placed the joy of the Gospel at the center of his pontificate, which “fills the hearts and lives of all who encounter Jesus”. “Never forget,” the cardinal urged, ‘to nourish your lives with the true hope that has the face of Jesus Christ’ with whom ‘you will never be abandoned or alone,’ He ”who comes to meet you where you are, to give you the courage to live.” On the second Sunday of Easter, Dominica in Albis, when the Church also celebrates the Feast of Divine Mercy, Cardinal Parolin also recalled that “it is precisely the Father’s mercy, likewise the eagerness to proclaim and share God’s mercy with all – the proclamation of the Good News, evangelisation – was the principal theme of his pontificate. He reminded us that “mercy” is the very name of God, and, therefore, no one can put a limit on his merciful love with which he wants to raise us up and make us new people.” The affection manifested for Pope Francis after the end of his earthly life, the Cardinal emphasized in his homily, “must not remain a mere emotion of the moment; we must welcome his legacy and make it part of our lives, opening ourselves to God’s mercy and also being merciful to one another”. Mercy, added the cardinal, “brings us back to the heart of faith,” “heals and creates a new world, putting out the fires of distrust, hatred and violence: this is the great teaching of Pope Francis.” ( Fides Agency 27/4/2025).
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    MIL OSI Europe News –

  • MIL-OSI: Roper Technologies announces first quarter financial results

    Source: GlobeNewswire (MIL-OSI)

    SARASOTA, Fla., April 28, 2025 (GLOBE NEWSWIRE) — Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the first quarter ended March 31, 2025.

    First quarter 2025 highlights

    • Revenue increased 12% to $1.88 billion; acquisition contribution was +8% and organic revenue was +5%
    • GAAP net earnings decreased 13% to $331 million; adjusted net earnings increased 9% to $517 million
    • Adjusted EBITDA increased 9% to $740 million
    • Operating cash flow decreased 1% to $529 million; trailing-twelve-months adjusted operating cash flow increased 12% to $2.39 billion
    • GAAP DEPS decreased 14% to $3.06; adjusted DEPS increased 8% to $4.78

    “Roper had a strong start to 2025 and our enterprise continues to execute at a high level,” said Neil Hunn, Roper’s President and CEO. “Our total revenue growth of 12% was driven by an 8% acquisition contribution and 5% organic growth. Importantly, our trailing-twelve-months free cash flow grew 12% with a 31% free cash flow margin. Last week, we completed the acquisition of CentralReach, a leading provider of cloud-native software enabling the workflow and administration of Applied Behavior Analysis therapy. CentralReach is a terrific business that not only meets each of our historical acquisition criteria but also meets our higher growth and higher return expectations.”

    “Despite an uncertain macroeconomic backdrop, we are increasing our full year outlook. This is underpinned by resilient demand for our mission critical solutions and our expanding recurring revenue base. Additionally, we are well positioned to continue executing our disciplined and process-driven capital deployment strategy, fueled by our significant M&A firepower and a large pipeline of attractive acquisition opportunities. Roper’s durable cash flow compounding model has historically performed well through economic and market cycles, and we expect our resilience will again be demonstrated in the current environment,” concluded Mr. Hunn.

    Increasing 2025 guidance

    Roper now expects full year 2025 adjusted DEPS of $19.80 – $20.05, compared to previous guidance of $19.75 – $20.00. The Company increased its full year total revenue growth outlook to ~12%, compared to a previous outlook of 10%+, and continues to expect organic revenue growth of +6 – 7%.

    For the second quarter of 2025, the Company expects adjusted DEPS of $4.80 – $4.84.

    Roper’s guidance includes the impact of the previously announced acquisition of CentralReach, which closed on April 23, 2025. The Company’s guidance excludes the impact of unannounced future acquisitions or divestitures.

    Conference call to be held at 8:00 AM (ET) today

    A conference call to discuss these results has been scheduled for 8:00 AM ET on Monday, April 28, 2025. The call can be accessed via webcast or by dialing +1 800-836-8184 (US/Canada) or +1 646-357-8785, using conference call ID 07867. Webcast information and conference call materials will be made available in the Investors section of Roper’s website (www.ropertech.com) prior to the start of the call. The webcast can also be accessed directly by using the following URL https://event.webcast. Telephonic replays will be available for up to two weeks and can be accessed by dialing +1 646-517-4150 with access code 07867#.

    Use of non-GAAP financial information

    The Company supplements its consolidated financial statements presented on a GAAP basis with certain non-GAAP financial information to provide investors with greater insight, increase transparency and allow for a more comprehensive understanding of the information used by management in its financial and operational decision-making. Reconciliation of non-GAAP measures to their most directly comparable GAAP measures are included in the accompanying financial schedules or tables. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP, and the financial results prepared in accordance with GAAP and reconciliations from these results should be carefully evaluated.

    Minority interest

    Following the sale of a majority stake in its industrial businesses to CD&R, Roper holds a minority interest in Indicor. The fair value of Roper’s equity investment in Indicor is updated on a quarterly basis and reported as “equity investments (gain) loss, net.” Roper makes non-GAAP adjustments for the impacts associated with this investment.

    Table 1: Revenue and adjusted EBITDA reconciliation ($M)
      Q1 2024   Q1 2025   V %
    GAAP revenue $ 1,681     $ 1,883     12 %
               
    Components of revenue growth          
    Organic         5 %
    Acquisitions         8 %
    Foreign exchange         — %
    Revenue growth         12 %
               
    Adjusted EBITDA reconciliation          
    GAAP net earnings $ 382     $ 331      
    Taxes   102       87      
    Interest expense   53       63      
    Depreciation   9       9      
    Amortization   185       204      
    EBITDA $ 731     $ 694     (5)%
               
    Transaction-related expenses for completed
    acquisitions    		   2       1      
    Financial impacts associated with the minority
    investments in Indicor & Certinia    		   (57 )     44   A  
    Adjusted EBITDA $ 676     $ 740     9 %
    Adjusted EBITDA margin   40.2 %     39.3 %   (90 bps)
                       
    Table 2: Adjusted net earnings reconciliation ($M)
      Q1 2024   Q1 2025   V %
    GAAP net earnings $ 382     $ 331   (13)%
    Transaction-related expenses for completed
    acquisitions    		   1       1    
    Financial impacts associated with the minority
    investments in Indicor & Certinia    		   (48 )     32 A  
    Amortization of acquisition-related intangible
    assets    		   141       154 B  
    Adjusted net earnings C $ 476     $ 517   9 %
               
    Table 3: Adjusted DEPS reconciliation
      Q1 2024   Q1 2025   V %
    GAAP DEPS $ 3.54     $ 3.06   (14)%
    Transaction-related expenses for completed
    acquisitions    		   0.01       0.01    
    Financial impacts associated with the minority
    investments in Indicor & Certinia    		   (0.45 )     0.29 A  
    Amortization of acquisition-related intangible
    assets    		   1.31       1.42 B  
    Adjusted DEPSC $ 4.41     $ 4.78   8 %
               
    Table 4: Adjusted cash flow reconciliation ($M)
    (from continuing operations)    		    
      Q1 2024   Q1 2025   V %     TTM 2024   TTM 2025   V %
    Operating cash flow $ 531     $ 529     (1)%     $ 2,104     $ 2,390     14 %
    Taxes paid in period
    related to divestiture    		   —       —             32       —      
    Adjusted operating cash
    flow    		 $ 531     $ 529     (1)%     $ 2,136     $ 2,390     12 %
    Capital expenditures   (9 )     (10 )           (68 )     (66 )    
    Capitalized software
    expenditures    		   (10 )     (12 )           (40 )     (48 )    
    Adjusted free cash flow $ 513     $ 507     (1)%     $ 2,029     $ 2,276     12 %
                             
    Table 5: Forecasted adjusted DEPS reconciliation
      Q2 2025   FY 2025
      Low end   High end   Low end   High end
    GAAP DEPS D $ 3.33   $ 3.37   $ 13.72   $ 13.97
    YTD transaction-related expenses for
    completed acquisitions    		   —     —     0.01     0.01
    YTD financial impacts associated with the
    minority investment in Indicor A    		   —     —     0.29     0.29
    Amortization of acquisition-related
    intangible assets B    		   1.47     1.47     5.78     5.78
    Adjusted DEPS C $ 4.80   $ 4.84   $ 19.80   $ 20.05
                   

    Footnotes:

    A. Adjustments related to the financial impacts associated with the minority investment in Indicor as shown below ($M, except per share data). Forecasted results do not include any potential impacts associated with our minority investment in Indicor, as these potential impacts cannot be reasonably predicted. These impacts will be excluded from all non-GAAP results in future periods.
                         
        Q1 2025A     Q2 2025E   FY 2025E     YTD 2025A
      Pretax $ 44     TBD   TBD     $ 44
      After-tax $ 32     TBD   TBD     $ 32
      Per share $ 0.29     TBD   TBD     $ 0.29
                         
    B. Actual results and forecast of estimated amortization of acquisition-related intangible assets as shown below ($M, except per share data).
                         
        Q1 2025A     Q2 2025E   FY 2025E      
      Pretax $ 194     $ 202   $ 795      
      After-tax $ 154     $ 160   $ 628      
      Per share $ 1.42     $ 1.47   $ 5.78      
                         
    C. All actual and forecasted non-GAAP adjustments are taxed at 21% with the exception of the financial impacts associated with minority investments.
                         
    D. Forecasted GAAP DEPS do not include any potential impacts associated with our minority investment in Indicor. These impacts will be excluded from all non-GAAP results in future periods.
       

    Note: Numbers may not foot due to rounding.

    About Roper Technologies

    Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.

    Contact information:
    Investor Relations
    941-556-2601
    investor-relations@ropertech.com

    The information provided in this press release contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements may include, among others, statements regarding operating results, the success of our internal operating plans, and the prospects for newly acquired businesses to be integrated and contribute to future growth, profit and cash flow expectations. Forward-looking statements may be indicated by words or phrases such as “anticipate,” “estimate,” “plans,” “expects,” “projects,” “should,” “will,” “believes,” “intends” and similar words and phrases. These statements reflect management’s current beliefs and are not guarantees of future performance. They involve risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statement. Such risks and uncertainties include our ability to identify and complete acquisitions consistent with our business strategies, integrate acquisitions that have been completed, realize expected benefits and synergies from, and manage other risks associated with, acquired businesses, including obtaining any required regulatory approvals with respect thereto. We also face other general risks, including our ability to realize cost savings from our operating initiatives, general economic conditions and the conditions of the specific markets in which we operate, including risks related to labor shortages and rising interest rates, changes in foreign exchange rates, risks related to changing U.S. and foreign trade policies, including increased trade restrictions or tariffs, risks associated with our international operations, cybersecurity and data privacy risks, including litigation resulting therefrom, risks related to political instability, armed hostilities, incidents of terrorism, public health crises (such as the COVID-19 pandemic) or natural disasters, increased product liability and insurance costs, increased warranty exposure, future competition, changes in the supply of, or price for, parts and components, including as a result of inflation and potential supply chain constraints, environmental compliance costs and liabilities, risks and cost associated with litigation, potential write-offs of our substantial intangible assets, and risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products. Important risks may be discussed in current and subsequent filings with the SEC. You should not place undue reliance on any forward-looking statements. These statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

    # # #

    Roper Technologies, Inc.      
    Condensed Consolidated Balance Sheets (unaudited)    
    (Amounts in millions)      
           
      March 31, 2025   December 31, 2024
    ASSETS:      
           
    Cash and cash equivalents $ 372.8     $ 188.2  
    Accounts receivable, net   813.3       885.1  
    Inventories, net   125.5       120.8  
    Income taxes receivable   20.3       25.6  
    Unbilled receivables   135.7       127.3  
    Prepaid expenses and other current assets   237.0       195.7  
    Total current assets   1,704.6       1,542.7  
           
    Property, plant and equipment, net   150.0       149.7  
    Goodwill   19,408.2       19,312.9  
    Other intangible assets, net   8,916.9       9,059.6  
    Deferred taxes   54.7       54.1  
    Equity investment   728.2       772.3  
    Other assets   456.2       443.4  
    Total assets $ 31,418.8     $ 31,334.7  
           
    LIABILITIES AND STOCKHOLDERS’ EQUITY:      
           
    Accounts payable $ 152.8     $ 148.1  
    Accrued compensation   179.1       289.0  
    Deferred revenue   1,667.9       1,737.4  
    Other accrued liabilities   544.5       546.2  
    Income taxes payable   144.3       68.4  
    Current portion of long-term debt, net   999.4       1,043.1  
    Total current liabilities   3,688.0       3,832.2  
           
    Long-term debt, net of current portion   6,457.0       6,579.9  
    Deferred taxes   1,611.6       1,630.6  
    Other liabilities   438.6       424.4  
    Total liabilities   12,195.2       12,467.1  
           
    Common stock   1.1       1.1  
    Additional paid-in capital   3,108.7       3,014.6  
    Retained earnings   16,276.9       16,034.9  
    Accumulated other comprehensive loss   (146.8 )     (166.5 )
    Treasury stock   (16.3 )     (16.5 )
    Total stockholders’ equity   19,223.6       18,867.6  
    Total liabilities and stockholders’ equity $ 31,418.8     $ 31,334.7  
           
    Roper Technologies, Inc.      
    Condensed Consolidated Statements of Earnings (unaudited)      
    (Amounts in millions, except per share data)      
           
      Three months ended
    March 31,
        2025     2024  
    Net revenues $ 1,882.8   $ 1,680.7  
    Cost of sales   589.1     499.7  
    Gross profit   1,293.7     1,181.0  
           
    Selling, general and administrative expenses   767.9     699.7  
    Income from operations   525.8     481.3  
           
    Interest expense, net   62.9     53.2  
    Equity investments (gain) loss, net   44.4     (57.0 )
    Other expense, net   0.5     1.2  
           
    Earnings before income taxes   418.0     483.9  
           
    Income taxes   86.9     101.9  
           
    Net earnings $ 331.1   $ 382.0  
           
    Net earnings per share:      
    Basic $ 3.08   $ 3.57  
    Diluted $ 3.06   $ 3.54  
           
    Weighted average common shares outstanding:      
    Basic   107.4     107.0  
    Diluted   108.2     107.9  
                 
    Roper Technologies, Inc.              
    Selected Segment Financial Data (unaudited)              
    (Amounts in millions; percentages of net revenues)              
                   
      Three months ended March 31,
       2025     2024 
      Amount   %   Amount   %
    Net revenues:              
    Application Software $ 1,068.2       $ 895.2    
    Network Software   375.9         370.8    
    Technology Enabled Products   438.7         414.7    
    Total $ 1,882.8       $ 1,680.7    
                   
                   
    Gross profit:              
    Application Software $ 720.8   67.5 %   $ 625.7   69.9 %
    Network Software   315.6   84.0 %     316.3   85.3 %
    Technology Enabled Products   257.3   58.7 %     239.0   57.6 %
    Total $ 1,293.7   68.7 %   $ 1,181.0   70.3 %
                   
                   
    Operating profit*:              
    Application Software $ 276.8   25.9 %   $ 239.6   26.8 %
    Network Software   166.7   44.3 %     167.0   45.0 %
    Technology Enabled Products   153.6   35.0 %     136.2   32.8 %
    Total $ 597.1   31.7 %   $ 542.8   32.3 %
                   
                   
    * Segment operating profit is before unallocated corporate general and administrative expenses and enterprise-wide stock-based compensation. These expenses were $71.3 and $61.5 for the three months ended March 31, 2025 and 2024, respectively.
     
    Roper Technologies, Inc.  
    Condensed Consolidated Statements of Cash Flows (unaudited)
    (Amounts in millions)
      Three months ended
    March 31,
        2025       2024  
    Cash flows from operating activities:      
    Net earnings $ 331.1     $ 382.0  
    Adjustments to reconcile net earnings to cash flows from operating
    activities:    		      
    Depreciation and amortization of property, plant and equipment   9.1       9.2  
    Amortization of intangible assets   204.0       185.0  
    Amortization of deferred financing costs   2.8       2.2  
    Non-cash stock compensation   38.8       33.6  
    Equity investments (gain) loss, net   44.4       (57.0 )
    Income tax provision   86.9       101.9  
    Changes in operating assets and liabilities, net of acquired businesses:      
    Accounts receivable   74.4       79.4  
    Unbilled receivables   (7.6 )     (12.2 )
    Inventories   (4.1 )     (7.9 )
    Prepaid expenses and other current assets   (41.3 )     (26.8 )
    Accounts payable   2.9       0.3  
    Other accrued liabilities   (107.4 )     (69.3 )
    Deferred revenue   (70.6 )     (70.5 )
    Cash income taxes paid   (29.1 )     (19.0 )
    Other, net   (5.6 )     0.6  
    Cash provided by operating activities   528.7       531.5  
           
    Cash flows used in investing activities:      
    Acquisitions of businesses, net of cash acquired   (124.9 )     (1,858.7 )
    Capital expenditures   (9.5 )     (9.3 )
    Capitalized software expenditures   (12.4 )     (9.6 )
    Other   —       (1.0 )
    Cash used in investing activities   (146.8 )     (1,878.6 )
           
    Cash flows from (used in) financing activities:      
    Borrowings (payments) under revolving line of credit, net   (125.0 )     1,390.0  
    Cash dividends to stockholders   (88.6 )     (80.5 )
    Proceeds from stock-based compensation, net   42.7       21.7  
    Treasury stock sales   7.2       5.8  
    Other, net   (44.1 )     (0.1 )
    Cash provided by (used in) financing activities   (207.8 )     1,336.9  
           
    Effect of exchange rate changes on cash   10.5       (5.7 )
           
    Net increase (decrease) in cash and cash equivalents   184.6       (15.9 )
           
    Cash and cash equivalents, beginning of period   188.2       214.3  
           
    Cash and cash equivalents, end of period $ 372.8     $ 198.4  
           

    The MIL Network –

  • MIL-OSI: CW Petroleum Corp (OTCQB: CWPE) Reports Revenues for Year-End 2024, Q1-2025, No Effects from Tariffs

    Source: GlobeNewswire (MIL-OSI)

    Katy, Texas, April 28, 2025 (GLOBE NEWSWIRE) — CW Petroleum Corp (OTCQB: CWPE) (the “Company”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announces to its investors and future investors audited financial results for Year-End 2024, and unaudited financial results for Q1-2025. The Company currently purchases all renewable and hydrocarbon motor fuels within the USA.

    Year-End 2024

    Key Financial Highlights for Twelve Months Ended December 31, 2024, Compared to Prior Year Period:

    • 2024 Revenues of $8.00 Million vs 2023 Revenues of $9.31 Million
    • 2024 EBITDA of $150,236 vs 2023 EBITDA of $754,440
    • 2024 Net Income (loss) of $(47,478) vs 2023 Net Income of $449,293

    Report: SEC Form 1-K (Period Ending 12/31/2024)

    Q1-2025

    Key Financial Highlights for Three Months Ended March 31, 2025, Compared to Prior Year Period:

    • 2025 Revenues of $1.59 Million vs 2024 Revenues of $1.94 Million
    • 2025 EBITDA of $40,970 vs 2024 EBITDA of $32,905
    • 2025 Net Income(loss) of $(4,183) vs 2024 Net Income of $(23,713)

    Additional accurate information about the Company can be found on the OTC Markets website at the following links and on the EDGAR filing website provided by the Securities and Exchange Commission:

    CWPE Overview
    CWPE Security Detail
    CWPE Financials
    CWPE News
    CWPE Disclosures

    SEC Filings

    For additional information, visit our website at cwpetroleumcorp.com, email: investor@cwpetroleumcorp.com , or call 281-817-8099

    About CW Petroleum Corp

    CW Petroleum Corp, a Texas corporation, began operations in 2011. CW Petroleum Corp, a Wyoming corporation, was incorporated in April 2018 and has acquired the Texas corporation as a wholly-owned subsidiary. CW Petroleum Corp supplies and distributes Biodiesel, Biodiesel Blends, Renewable Gasoline, and a 92 Octane Reformulated No Ethanol Gasoline to distributors, convenience stores, marinas, and end-users. The EPA licenses the Company to create its proprietary gasoline blends. CW Petroleum Corp is licensed to distribute Diesel Fuel & Gasoline by the States of Texas, Louisiana, Oklahoma, California, Colorado, New Jersey, Maryland, Pennsylvania, and Arizona.

    Forward-Looking Statements

    Certain statements in this press release may contain “forward-looking statements” regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the oil and gas markets, energy markets, and other markets in which we operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “endeavors,” “strives,” “may,” or variations of such words and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to a number of risks, uncertainties, and assumptions that are difficult to predict, estimate, or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in the Company’s most recent annual report on Form 1-K, which may be amended or supplemented by subsequent semiannual reports on Form 1-SA or other reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to the Company’s filings with the Securities and Exchange Commission.

    No Offer or Solicitation

    This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

    The MIL Network –

  • MIL-OSI: Clear Blue Technologies International to provide Corporate Update and Report Fiscal 2024 Financial Results and Host Conference Call on Thursday, May 1st, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 28, 2025 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (TSXV: CBLU) the Smart Off-Grid™ Company, today announces that it will provide a corporate update and also report financial results for its fiscal 2024 on Wednesday, April 30, 2025, after the market closes.

    Welcome to Clear Blue 2.0!

    Clear Blue has successfully completed its financial restructuring and is now positioned to move forward and execute on the opportunity ahead. The Company has been very busy. Clear Blue will host a conference call on Thursday, May 1st, at 11:00 a.m. Eastern Time, to review the financial restructuring, the Company’s 2024 results, and to provide an update on its 2025 outlook and growth plan going forward. Those interested can register at:

    Registration Link

    https://us06web.zoom.us/webinar/register/WN_yLCwKEZnTLKhrAlYtqG51g

    Final TSX-V Approval

    On April 9, 2025, the Company announced the final piece of its financial restructuring – a transaction with RE Royalties that replaced its banking loan. The TSX-V has now approved the issuance of 1,388,889 units of equity units. Each unit consists of one common share and one common share purchase warrant. Units were priced at CAD 0.18 per share, and each warrant is exercisable at CAD 0.30 for 24 months

    About Clear Blue Technologies International

    Clear Blue Technologies International, the Smart Off-Grid™ company, was founded on a vision of delivering clean, managed, “wireless power” to meet the global need for reliable, low-cost, solar and hybrid power for lighting, telecom, security, Internet of Things devices, and other mission-critical systems. Today, Clear Blue has thousands of systems under management across 37 countries, including the U.S. and Canada. (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF)

    Legal Disclaimer:

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

    For more information, contact:

    Miriam Tuerk, Co-Founder and CEO
    +1 416 433 3952
    miriam@clearbluetechnologies.com
    www.clearbluetechnologies.com/en/investors

    The MIL Network –

  • MIL-OSI: EBC Financial Group Deepens Commitment to United to Beat Malaria with Renewed Global Partnership and First-Ever 5K Run Sponsorship

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, April 28, 2025 (GLOBE NEWSWIRE) — As the world marks World Malaria Day 2025 under the theme “Malaria Ends With Us: Reinvest, Reimagine, Reignite,” EBC Financial Group (EBC) is renewing its global partnership with the United Nations Foundation’s United to Beat Malaria campaign. Now entering its second year of collaboration, EBC is scaling up its impact through increased corporate sponsorship, cross-border employee mobilisation to raise awareness, and direct investment in frontline health tools that save lives.

    From a shared belief that no child should die from a mosquito bite, EBC is transforming its role from ally to active advocate—supporting both the global systems that drive malaria eradication and the grassroots initiatives that protect the world’s most vulnerable communities. As part of this commitment, EBC is stepping up as a first-time corporate sponsor of the Move Against Malaria 5K 2025 event, mobilising many in a global movement to raise awareness for one of the world’s deadliest—yet entirely preventable—diseases.

    “In 2024, we stood in solidarity. In 2025, we stand in action,” said David Barrett, CEO of EBC Financial Group (UK) Ltd. “This campaign is now embedded into our leadership strategy and employee culture. This is not a moment, it’s a movement.”

    EBC’s Commitment to Global Health Equity is a Shared Mission
    To mark this renewed partnership, Barrett sat down with Margaret McDonnell, Executive Director of United to Beat Malaria, for a candid 40-minute fireside chat. Their conversation explored the urgent need for global solidarity, the personal and professional impact of the campaign, and why EBC has chosen to walk alongside this cause—literally and figuratively.

    “The first year for me was a complete revelation in terms of how advocacy for this mission worked—not only in America but globally,” said Barrett. “This year, it was different. The politics have shifted, and the challenges have changed. But if anything, that makes this mission even more important.”

    As a global financial institution with operations in Africa, Latin America, and Asia—regions disproportionately affected by malaria—EBC views this fight as both urgent and deeply personal.

    “We have offices in Africa, Latin America, and Asia where malaria is a very real, on-ground problem. Supporting this campaign is a natural progression, resonating with our people and the communities we work in,” Barrett said. “At the beginning, it was something of interest. But the more you learn about the lives this movement has saved, the more you realise you’ve got to keep going.”

    McDonnell echoed the importance of having private sector allies like EBC on board, praising the company’s commitment to both the summit and the broader mission. “We appreciate that a company like EBC—though not in public health—recognises the impact of malaria on your workforce, clients, and communities,” said McDonnell. “Malaria isn’t just a health issue. It’s an economic issue, a workforce issue, and a strategic global issue.”

    Barrett also emphasised the ripple effect of even small funding disruptions: “If you break that chain, the progress and investment just unravel. These initiatives require macro thinking. If we keep looking only at the next quarter, we risk losing decades of momentum,” he added.

    Raising Voices at the 2025 United to Beat Malaria Annual Leadership Summit
    In March 2025, Barrett and EBC’s APAC Director of Operations, Samuel Hertz, joined over 120 passionate advocates at the United to Beat Malaria Annual Leadership Summit in Washington, D.C.—a three-day gathering of Champions, policymakers, scientists, students, and private sector leaders united by a common goal: ending malaria for good.

    The summit culminated in direct advocacy on Capitol Hill, where Barrett and Hertz met with members of Congress to push for full funding of the President’s Malaria Initiative (PMI), the Global Fund to Fight AIDS, Tuberculosis and Malaria, and the UN’s malaria-related programs. EBC stood with a network of global partners, amplifying the message that stable investment and strategic collaboration are essential to driving continued progress, alongside Beat Malaria Champions, a highlight of the summit.

    “What stood out most was the passion of the Champions,” said Barrett. “From students to scientists, their energy is contagious. They’re not just learning—they’re leading. And that gives me hope that a healthier, more just world is truly possible.”

    Hertz added, “Being able to walk into the halls of Congress alongside these dedicated Champions—people who are educating communities, building coalitions, and pushing policy forward—was a powerful reminder that advocacy works. EBC was proud to represent the private sector in this movement, and even prouder to walk beside the changemakers driving it.”

    More Than a Run: EBC Rallies a Worldwide Workforce to Move Against Malaria
    EBC is once again joining the global Move Against Malaria 5K—a virtual challenge running from April 25 to May 10 that invites participants around the world to walk, run, cycle, or move in any way to support malaria prevention efforts.

    While EBC actively participated in the campaign last year, 2025 marks the company’s first year as an official corporate sponsor, highlighting its deepened commitment to both advocacy and action. This step forward reflects EBC’s evolving role in supporting frontline initiatives and raising awareness, with more than 200 EBC employees across the UK, Asia, Africa, and Latin America pledging to take part—mobilising teams, engaging their communities—and helping to raise vital funds.

    Fuelling Frontline Impact through Purposeful Investment
    EBC is directing its investment toward life-saving malaria interventions, including insecticide-treated bed nets, rapid diagnostic tests, and antimalarial treatments. These contributions will be directed toward frontline health programs in Sub-Saharan Africa, Latin America and the Caribbean regions that bear the highest burden of malaria worldwide.

    “This partnership goes beyond corporate philanthropy, it reflects a shared mission to protect the world’s most vulnerable populations,” said McDonnell.

    Aligned with its broader Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) strategies, EBC continues to explore deeper collaborations with UN-affiliated organisations and global health partners to maximise its impact in the developing world. “As a global financial institution, we recognise that sustainable growth is inseparable from global well-being,” added Hertz. “In the fight against malaria, we are not only donors—we are advocates, allies, and catalysts for change.”

    In 2024 alone, United to Beat Malaria helped protect over 1.67 million people from malaria across vulnerable communities worldwide—an achievement made possible through the collective support of partners like EBC Financial Group. Registrations and donations are available via https://fundraise.unfoundation.org/event/move-against-malaria-5k-2025/e654861.

    These efforts spanned five high-risk African nations—DR Congo, Ethiopia, Nigeria, South Sudan, and Uganda—and supported malaria elimination programs across 20 Latin American and Caribbean countries, where vulnerable populations continue to face daily risks due to limited healthcare access, displacement, and ongoing conflict.

    Yet the fight is far from over. According to the World Health Organization (WHO)’s World Malaria Report 2024, malaria sickened an estimated 263 million people and claimed more than 597,000 lives—most of them children under the age of five. These are lives we can save—with continued global action, private sector leadership, and unwavering support from the international community.

    Together, with the United to Beat Malaria campaign, EBC is proud to stand at the forefront of a global movement to end malaria for good. For more information about EBC Financial Group’s CSR initiatives, please visit www.ebc.com/ESG.

    About EBC Financial Group

    Founded in London’s esteemed financial district, EBC Financial Group (EBC) is renowned for its expertise in financial brokerage and asset management. With offices in key financial hubs—including London, Sydney, Hong Kong, Singapore, the Cayman Islands, Bangkok, Limassol, and emerging markets in Latin America, Asia, and Africa—EBC enables retail, professional, and institutional investors to access a wide range of global markets and trading opportunities, including currencies, commodities, shares, and indices.

    Recognised with multiple awards, EBC is committed to upholding ethical standards and these subsidiaries are licensed and regulated within their respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia’s Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC).

    At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves.

    As the Official Foreign Exchange Partner of FC Barcelona, EBC provides specialised services across Asia, LATAM, the Middle East, Africa, and Oceania. Through its partnership with the UN Foundation and United to Beat Malaria, the company contributes to global health initiatives. EBC also supports the ‘What Economists Really Do’ public engagement series by Oxford University’s Department of Economics, helping to demystify economics and its application to major societal challenges, fostering greater public understanding and dialogue.

    https://www.ebc.com/

    About UN Foundation’s United to Beat Malaria

    For over 25 years, the UN Foundation has built novel innovations and partnerships to support the United Nations and help solve global problems at scale. As an independent charitable organization, the Foundation was created to work closely with the United Nations to address humanity’s greatest challenges and drive global progress. Learn more at www.unfoundation.org.

    The UN Foundation’s United to Beat Malaria campaign brings together key and diverse partners and supporters to take urgent action to end malaria and create a healthier, more equitable world. Since 2006, United to Beat Malaria has worked to equip and mobilize citizens across the U.S. and around the world to raise awareness, funds and voices. The campaign works with partners in endemic countries to channel life-saving resources to protect the most marginalized and vulnerable populations. By championing increased leadership, political will and resources from the U.S. and beyond, as well as more holistic, innovative tools and strategies, we can be the generation that ends malaria once and for all.

    Learn more at www.beatmalaria.org.

    Media Contact:
    Savitha Ravindran
    Global Public Relations Manager
    savitha.ravindran@ebc.com

    Chyna Elvina
    Global Public Relations Manager
    chyna.elvina@ebc.com

    Michelle Siow
    Brand Director
    michelle.siow@ebc.com

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/d08d69f6-099b-47e6-a289-c4c8b0630935
    https://www.globenewswire.com/NewsRoom/AttachmentNg/2b4f4ac8-593b-417c-89c8-286a1b0f9731
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b6d511c0-f811-4390-88b0-321f0bb04158

    The MIL Network –

  • MIL-OSI NGOs: Dominican Republic: Health protocol reinforces racism in migration policies

    Source: Amnesty International –

    In light of the measures announced on 6 April by the government of Luis Abinader on migration, and in particular the protocol for the access of migrants to public health services in the Dominican Republic, Amnesty International stated:

    “President Luis Abinader must opt for measures that strengthen the health system. Implementing a system that exposes migrants to deportation after receiving medical care not only violates the right to health, but also dehumanizes undocumented persons and will in all probability deter them from seeking hospital care, thus putting lives at risk,” in the words of Ana Piquer, Americas director at Amnesty International.

    President Luis Abinader must opt for measures that strengthen the health system. Implementing a system that exposes migrants to deportation after receiving medical care not only violates the right to health, but also dehumanizes undocumented persons and will in all probability deter them from seeking hospital care, thus putting lives at risk

    Ana Piquer, Americas director at Amnesty International

    According to the measures announced, the new health protocol requires that migrants provide “identification, a letter of employment and proof of address”. In addition, it sets a fee for services and establishes that people with irregular migration status will be deported after receiving care.

    The measures further reinforce the government’s defiance of the international obligations acquired by the Dominican state and the human rights recommendations issued to the country by international organizations. They also violate the Dominican Republic’s own constitutional principle on free and universal access to health, institutionalizing discrimination against all migrants, and in particular undocumented Haitians, asylum seekers, stateless persons and Dominicans of Haitian descent. Amnesty International has documented how barriers to accessing public services are especially critical for migrant children and pregnant women, who have been severely stigmatized for exercising their right to health and education.

    “Amnesty International urgently calls on the government of Luis Abinader to immediately end the collective expulsions of Haitians and repeal the protocol linking access to health services with deportation. Instead, it must take concrete action against racial discrimination, guarantee access to international protection for people in need and ensure an environment that is free from stigmatization,” said Ana Piquer.

    Amnesty International urgently calls on the government of Luis Abinader to immediately end the collective expulsions of Haitians and repeal the protocol linking access to health services with deportation. Instead, it must take concrete action against racial discrimination, guarantee access to international protection for people in need and ensure an environment that is free from stigmatization

    Ana Piquer, Americas director at Amnesty International

    Since October 2024, more than 180,000 people have been deported. This constitutes a practice of collective expulsions that is prohibited by international law. Amnesty International this week issued an urgent action demanding an end to the collective expulsion of Haitian migrants and the repeal of discriminatory migration policies that will disproportionately affect them. We call on the Dominican population to reject these cruel and racist measures.

    MIL OSI NGO –

  • MIL-OSI Video: Meet the Diablo Canyon Power Plant

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

    The Diablo Canyon Power Plant is currently California’s only nuclear power plant. It generates nearly 10% of the state’s power and also desalinates water on site.

    https://www.youtube.com/watch?v=cOnHJuIrga0

    MIL OSI Video –

  • MIL-OSI Video: Pope Francis Funeral, Syria & other topics – Daily Press Briefing (25 April 2025) | United Nations

    Source: United Nations (Video News)

    Noon Briefing by Stéphane Dujarric, Spokesperson for the Secretary-General.

    Highlights:
    – Secretary-General Travel
    – Deputy Secretary-General
    – Syria
    – Occupied Palestinian Territory
    – Sudan
    – Democratic Republic of the Congo
    – South Sudan
    – Haiti
    – Nigeria
    – Refugee Funding Cuts
    – ECOSOC
    – International Days
    – Briefings – Monday

    Secretary-General travel
    The Secretary-General arrived today in Rome, where tomorrow, he will attend the funeral of Pope Francis at St. Peter’s Square. He will be back in the office on Monday.
    There will be a plenary meeting of the UN General Assembly to pay tribute to the memory of Pope Francis on Tuesday, in the General Assembly Hall at 3 pm.   The Secretary-General will speak at that meeting.
    And the UN flag will be flown at half-staff on Tuesday, as well.

    DEPUTY SECRETARY-GENERAL
    The Deputy Secretary-General, Amina Mohammed will travel to Montevideo, Uruguay, later today to chair the annual regional retreat with UN Resident Coordinators from across the Latin America and the Caribbean region. Ms. Mohammed will also meet with senior government officials to strengthen the UN-Uruguay partnership and discuss priority actions to support the Sustainable Development Goals. She will return to New York on April 29.

    SYRIA
    This morning, the Security Council held an open briefing on Syria. Special Envoy for Syria, Geir Pedersen, told Council members that the political transition in Syria is now at a truly critical juncture. He added that in his recent discussions with the interim authorities, including Mr. Ahmad Al-Sharaa, he stressed the need for future constitutional process that involves all of Syria’s societal and political components.
    For her part, Ms. Joyce Msuya, Assistant Secretary-General for Humanitarian Affairs, said that nearly three quarters of the population in Syria are in need and 7 million are displaced.
    Since the start of the year, 960 trucks have delivered aid through the cross-border operation from Türkiye – more trucks than during the whole of 2024. However, we need more funding to sustain this work, let alone scale it further, she said.

    Full Highlights: https://www.un.org/sg/en/content/noon-briefing-highlight?date%5Bvalue%5D%5Bdate%5D=25%20April%202025

    https://www.youtube.com/watch?v=5mSdzhiqwsY

    MIL OSI Video –

  • MIL-OSI Video: Secretary Wright Joins Hamm Institute for American Energy’s Panel – April 24, 2025

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

    https://www.youtube.com/watch?v=FCZSq2kqsxo

    MIL OSI Video –

  • MIL-OSI Video: This Week at Interior April 25, 2025

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

    This Week: Interior announces major policy changes to increase oil output in the Gulf of America; five mining projects join in speeding up critical mineral permitting; Secretary Burgum visits Mammoth Cave National park in Kentucky; the Jocelyn Nungaray National Wildlife Refuge is ceremoniously unveiled; Brazoria County and U.S. Fish & Wildlife Service team up in Texas; advanced 3d tech provides a glimpse into prehistoric behaviors; Interior employees and family gather to honor fallen heroes; and our country’s original patriots make an appearance in our social media Picture of the Week!

    https://www.youtube.com/watch?v=CiVZT3aZCf8

    MIL OSI Video –

  • MIL-OSI Video: Secretary Wright Joins Bloomberg’s Alix Steel – April 24, 2025

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

    https://www.youtube.com/watch?v=gCv-KpUeHxo

    MIL OSI Video –

  • MIL-OSI USA: DHS Sweeps into Action to Protect Child from Tren De Aragua Parents 

    Source: US Federal Emergency Management Agency

    Headline: DHS Sweeps into Action to Protect Child from Tren De Aragua Parents 

    The child’s father, Maiker Espinoza-Escalona is a lieutenant of Tren De Aragua who oversees homicides, drug sales, kidnappings, extortion, sex trafficking and operates a torture house

    The child’s mother, Yorely Escarleth Bernal Inciarte oversees recruitment of young women for drug smuggling and prostitution

    These criminal illegal aliens entered the country illegally and had final orders of removal from a judge

    Thanks to President Trump and Secretary Noem, both of these criminal gang members have been removed from our country

    In partnership with the Department of Health and Human Services, the child was taken off the deportation flight manifest for her safety and welfare

    The child remains in the care and custody of the Office of Refugee Resettlement and is currently placed with a foster family

    The previous administration allowed many children who came across the border unaccompanied to be placed with sponsors who were actually smugglers and sex traffickers

    In less than 100 days, Secretary Noem and Secretary Kennedy have already reunited over 5,000 unaccompanied children with a relative or safe guardian

    Statement attributable to a senior DHS official: 

    “Thanks to President Trump, these Tren De Aragua gang members have been removed from our country

    Due to the violent criminal activities of the parents including operating a torture house, sex trafficking, and kidnapping the child was removed from their custody

    We will not allow this child to be abused and continue to be exposed to criminal activity that endangers her safety

    President Trump and Secretary Noem take their responsibility to protect children seriously and will continue to work with federal law enforcement and the Department of Health and Human Services to ensure that children are safe from abuse, sexual exploitation, and trafficking

    ”

    MIL OSI USA News –

  • MIL-OSI USA: Deputy Secretary Edgar Joins HSI Drug Trafficking Warrant Operation in Los Angeles

    Source: US Federal Emergency Management Agency

    Headline: Deputy Secretary Edgar Joins HSI Drug Trafficking Warrant Operation in Los Angeles

    strong>Los Angeles, CA – On Friday, Homeland Security Deputy Secretary Troy Edgar joined Homeland Security Investigations (HSI) Los Angeles in a warrant operation that resulted in the arrest of a suspected drug trafficker

    “Day in and day out, our HSI agents are empowered under the leadership of President Trump and Secretary Noem to remove gang members, criminals, and drugs from our communities,” said Deputy Secretary Edgar

    “I’m thankful for the frontline heroes who keep Americans safe from the worst of the worst law breakers

    ”

    The HSI Los Angeles Special Response Team executed three state search warrants that resulted in the arrest of wanted fugitive

    Search warrants were executed in La Puente, Pomona, and Compton, California regarding an ongoing drug trafficking investigation for cocaine, fentanyl, and methamphetamine

    Pedro Sainz Minjarez was arrested for an outstanding warrant regarding possession with intent to distribute a controlled substance and conspiracy

    This is a joint investigation involving the Riverside Sheriff’s Office, United States Customs and Border Protection, and the United States Marshals Service

    Deputy Secretary Edgar, coleader of the HSTF, also led a meeting Friday with partners in Los Angeles to discuss delivering President Trump’s priorities

    Under the HSTF, the Department of Homeland Security and Department of Justice have joined in a historic partnership to tackle crime and keep Americans safe

     
    Participants of the meeting included representatives from the Los Angeles HSI, ATF, ERO, FBI, and U

    S

    Attorney offices

    ### 

    MIL OSI USA News –

  • MIL-OSI USA: Earth Science Showcase – Kids Art Collection

    Source: NASA

    On April 16, 2025, the Earth Science Division at NASA’s Ames Research Center in Silicon Valley held an Earth Science Showcase to share its work with the center and their families. As part of this event, kids were invited to share something they like about the Earth. These are their masterpieces.
    Sora U. Age 9. “Wildlife”

    Wesley P. Age 2.5. “Pale Blue”

    Kira U. Age 5. “Hawaii”

    Anonymous. “eARTh”

    Brooks P. Age 8mo. “Squiggles”

    MIL OSI USA News –

  • MIL-OSI USA: Milwaukee Judge Obstructed Arrest of Illegal Alien Accused of Strangulation, Battery, and Domestic Abuse

    Source: US Federal Emergency Management Agency

    Headline: Milwaukee Judge Obstructed Arrest of Illegal Alien Accused of Strangulation, Battery, and Domestic Abuse

    On April 18, 2025, ICE assisted by deputized FBI law enforcement officials carried out a targeted operation to arrest Ruiz at the Milwaukee County Courthouse

    Judge Dugan intentionally misdirected ICE agents away from this criminal illegal alien to obstruct the arrest and try to help him evade arrest

    Thankfully, our FBI partners chased down this illegal alien, arrested him and removed him from American communities

    Image

    Statement From Assistant Secretary Tricia McLaughlin: 

    “This criminal illegal alien has a laundry list of violent criminal charges including strangulation and suffocation, battery, and domestic abuse

    Ruiz illegally entered the US twice

    “Since President Trump was inaugurated, activist judges have tried to obstruct President Trump and the American people’s mandate to make America safe and secure our homeland— but this judge’s actions to shield an accused violent criminal illegal alien from justice is shocking and shameful

    “We are thankful for our partners at the FBI for helping remove this accused criminal from America’s streets

    If you are here illegally and break the law, we will hunt you down, arrest you and lock you up

    That’s a promise

    ” 

    MIL OSI USA News –

  • MIL-OSI USA: Lunar Space Station for NASA’s Artemis Campaign to Begin Final Testing

    Source: NASA

    NASA continues to mark progress on plans to work with commercial and international partners as part of the Gateway program. The primary structure of HALO (Habitation and Logistics Outpost) arrived at Northrop Grumman’s facility in Gilbert, Arizona, where it will undergo final outfitting and verification testing.
    HALO will provide Artemis astronauts with space to live, work, and conduct scientific research. The habitation module will be equipped with essential systems including command and control, data handling, energy storage, power distribution, and thermal regulation.
    Following HALO’s arrival on April 1 from Thales Alenia Space in Turin, Italy, where it was assembled, NASA and Northrop Grumman hosted an April 24 event to acknowledge the milestone, and the module’s significance to lunar exploration. The event opened with remarks by representatives from Northrop Grumman and NASA, including NASA’s Acting Associate Administrator for Exploration Systems Development Lori Glaze, Gateway Program Manager Jon Olansen, and NASA astronaut Randy Bresnik. Event attendees, including Senior Advisor to the NASA Administrator Todd Ericson, elected officials, and local industry and academic leaders, viewed HALO and virtual reality demonstrations during a tour of the facilities.

    While the module is in Arizona, HALO engineers and technicians will install propellant lines for fluid transfer and electrical lines for power and data transfer. Radiators will be attached for the thermal control system, as well as racks to house life support hardware, power equipment, flight computers, and avionics systems. Several mechanisms will be mounted to enable docking of the Orion spacecraft, lunar landers, and visiting spacecraft.
    Launching on top of HALO is the ESA (European Space Agency)-provided Lunar Link system which will enable communication between crewed and robotic systems on the Moon and to mission control on Earth. Once these systems are installed, the components will be tested as an integrated spacecraft and subjected to thermal vacuum, acoustics, vibration, and shock testing to ensure the spacecraft is ready to perform in the harsh conditions of deep space.
    In tandem with HALO’s outfitting at Northrop Grumman, the Power and Propulsion Element – a powerful solar electric propulsion system – is being assembled at Maxar Space Systems in Palo Alto, California. Solar electric propulsion uses energy collected from solar panels converted to electricity to create xenon ions, then accelerates them to more than 50,000 miles per hour to create thrust that propels the spacecraft.
    The element’s central cylinder, which resembles a large barrel, is being attached to the propulsion tanks, and avionics shelves are being installed. The first of three 12-kilowatt thrusters has been delivered to NASA’s Glenn Research Center in Cleveland for acceptance testing before delivery to Maxar and integration with the Power and Propulsion Element later this year.

    MIL OSI USA News –

  • MIL-OSI USA: Searching for the Dark in the Light

    Source: NASA

    Written by Eleanor Moreland, Ph.D. Student Collaborator at Rice University 

    Perseverance has been busy exploring lower “Witch Hazel Hill,” an outcrop exposed on the edge of the Jezero crater rim. The outcrop is composed of alternating light and dark layers, and naturally, the team has been trying to understand the makeup of and relationships between the light and dark layers. A few weeks ago, we sampled one of the light-toned layers, which we discovered was made up of very small clasts, or fragments of rocks or minerals, at “Main River.” Since then, we have learned that the dark layers tend to be composed of larger clasts compared to the light layers, and we’ve been searching for a place to sample this coarser-grained rock type. Sometimes, these coarser-grained rocks also contain spherules, which are of great interest to the science team because they provide clues about the process that formed these layered rocks.
    Perseverance first looked at a dark layer at “Puncheon Rock” with an abrasion. We then examined a dark layer at “Wreck Apple,” near “Sally’s Cove,” but we could not identify a suitable surface to abrade. So, while team members searched for other locations to study the coarse-grained units and spherules, Perseverance drove south to “Port Anson.”

    Port Anson was intriguing because, from orbit, it showed a clear contact between the light layers of Witch Hazel Hill and a distinct unit below it. And, although the rocks below the Port Anson contact do show interesting compositional differences with those of Witch Hazel Hill, they weren’t the coarse-grained rocks we were looking for. We still performed an abrasion there, at Strong Island, before driving back up north for another attempt at investigating the coarser-grained rocks.
    We aimed for “Pine Pond,” which neighbors “Dennis Pond,” to abrade at “Hare Bay.” With the data just coming down over the weekend, the team will be hard at work to figure out if we captured the coarse grains and spherules, and if it is representative of rocks we have seen before or not. The image below is a close-up of this most recent abrasion patch at Hare Bay — what do you think? Stay tuned to find out! 

    MIL OSI USA News –

  • MIL-OSI USA: FEMA Fire Management Assistance Granted for the Jones Road Wildfire in New Jersey

    Source: US Federal Emergency Management Agency 2

    strong>New York, N.Y. – The Federal Emergency Management Agency’s (FEMA) Region 2 Acting Regional Administrator authorized the use of federal funds on April 24 at 9:27 p.m. to assist the state of New Jersey in combating the Jones Road Wildfire, currently burning in Ocean County, New Jersey.
    On April 24, the state of New Jersey submitted a request for a federal Fire Management Assistance Grant (FMAG). At the time of the request, approximately 15,000 acres were burning. 
    The fire threatened approximately 1.845 structures in the state, including approximately 1,320 homes located mostly within Lacey and Ocean Townships, in Ocean County, combined population of more than 38,000. The fire started on April 22, 2025, and has burned in excess 15,000 acres of state and private land. 
    The authorization makes federal funding available to pay up to 75 percent of the state’s eligible firefighting costs under an approved grant to assist in fighting fires that threaten to become major incidents.
    FMAGs are provided through the Disaster Relief Fund and are made available by FEMA to assist in fighting fires that threaten to cause a major disaster. Eligible costs covered by FMAGs can include expenses for field camps, equipment use, materials, supplies and mobilization and demobilization activities attributed to fighting the fire. These grants do not provide assistance to individual home or business owners and do not cover other infrastructure damage caused by the fire. For more information on FMAGs, visit fema.gov/assistance/public/fire-management-assistance.

    MIL OSI USA News –

  • MIL-OSI Europe: Written question – Sustainability of the pension system – E-001555/2025

    Source: European Parliament

    Question for written answer  E-001555/2025
    to the Commission
    Rule 144
    Fernando Navarrete Rojas (PPE), Dolors Montserrat (PPE)

    Milestone 409 of Spain’s recovery and resilience plan makes fiscal sustainability a condition for pension reform. On 31 March 2025, the Independent Authority for Financial Responsibility (IAFR) published its report on the pension expenditure rule – a rule that was agreed upon with the Commission and designed to assess the need for corrective action. The IAFR has also published its independent report on sustainability.

    The conclusions are alarming:

    (a) The expenditure rule agreed upon does not guarantee the system’s sustainability.

    (b) Pension expenditure pressure has increased by 0.4 points of GDP.

    (c) Transfers from the state will need to be increased by 2.4 points of GDP, which will add to debt.

    (d) Without changes to the current policy, the deficit would hit 7 % and debt would reach 129 % of GDP in 2050.

    In view of the above:

    • 1.Does the Commission believe that the pension reform is still in line with the principle of fiscal sustainability?
    • 2.Can Spain amend, through Royal Decree 100/2025, the content of milestone 409, which includes an independent assessment of pension sustainability?
    • 3.Will the Commission take the conclusions in the IAFR’s independent report into account when assessing Spain’s request for the fifth disbursement?

    Submitted: 16.4.2025

    Last updated: 28 April 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – EU phytosanitary trade regulations on citrus black spot (CBS) and WTO dispute with South Africa – E-001568/2025

    Source: European Parliament

    Question for written answer  E-001568/2025
    to the Commission
    Rule 144
    Fabio De Masi (NI)

    South Africa has initiated a WTO dispute settlement procedure in relation to the EU’s phytosanitary trade regulations regarding CBS. South Africa claims these regulations were primarily intended to shield Spanish and Portuguese producers of citrus fruits from South African competition. While the European Food Safety Authority (EFSA) argued in 2013 that CBS could spread to citrus farms in the EU, scientists from Brazil, Argentina, the US, Uruguay, Australia and South Africa have challenged this assessment. South African producers point out that they have exported citrus fruits to the EU for over 110 years without a single case of CBS transmission, and argue that CBS would be a purely cosmetic issue, affecting only a very small proportion of exported fruit and unable to spread via fruit to other climatic zones.

    Has EFSA submitted any new studies or findings to the WTO since 2013 to support the EU’s position and the 2013 assessment? If so, what information has been communicated?

    Submitted: 17.4.2025

    Last updated: 28 April 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Pensions and fiscal plan – E-001553/2025

    Source: European Parliament

    Question for written answer  E-001553/2025
    to the Commission
    Rule 144
    Fernando Navarrete Rojas (PPE), Dolors Montserrat (PPE)

    The Commission and the Council have approved Spain’s medium-term fiscal plan, which sets an expenditure path consistent with reducing debt. However, on 31 March 2025, Spain’s Independent Authority for Fiscal Responsibility (IAFR) published its assessment of the pension system expenditure rule. In the assessment, it warns about increased financing requirements and questions the sustainability of public finances.

    The fiscal plan was drawn up on the basis of an increase in social contributions of 1.8 % of GDP, which would reduce the adjustments needed to keep debt on a downward trajectory and allow for greater growth in net expenditure compared to the Commission’s path.

    Nevertheless, the IAFR notes that, as the closure clause is not triggered, those increases will not apply in the short term. Instead, transfers from the central administration will need to be increased by 2.4 percentage points of GDP. Doing so will cause debt to rise and changes the key assumptions behind the fiscal plan.

    In the light of the above:

    In accordance with the Commission’s DSA model, in the wake of the IAFR’s new estimates regarding pension spending, is Spain’s approved expenditure path still in line with the debt reduction required?

    Submitted: 16.4.2025

    Last updated: 28 April 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Latest news – Meeting of the D-MX Delegation of 24 April 2025 – Delegation to the EU-Mexico Joint Parliamentary Committee

    Source: European Parliament

    This meeting of the Delegation to the EU-Mexico Joint Parliamentary Committee (D-MX) took place on 24 April 2025 and was‘in camera’ focusing on the preparation of the 31st EU-Mexico Joint Parliamentary Meeting due to take place in Brussels on 15 May 2025.

    MIL OSI Europe News –

  • MIL-OSI USA: Governor Newsom on new DOGE action to dismantle AmeriCorps: ‘We will serve the federal government with a lawsuit’

    Source: US State of California 2

    Apr 25, 2025

    What you need to know: DOGE is ramping up its work to dismantle AmeriCorps. California will sue to stop it.

    SACRAMENTO – Governor Gavin Newsom today issued the following statement after California received notice from the federal government of termination of its AmeriCorps grant programs which support volunteer and service efforts.

    The federal government is giving the middle finger to service. We will serve them with a lawsuit.

    Governor Gavin Newsom

    Last week, Governor Newsom announced that as the Trump Administration dismantles the AmeriCorps service program, California will both challenge the illegal action in court and accelerate recruitment for the California Service Corps program — already the largest service corps in the nation, surpassing the size of the Peace Corps.

    When the devastating fires struck Los Angeles earlier this year, AmeriCorps members were on the ground, distributing supplies and supporting families. The agency’s shutdown hamstrings these efforts.

    California Service Corps is the largest service force in the nation, consisting of four paid service programs:   

    Combined, it is a force larger than the Peace Corps and is mobilized at a time when California is addressing post-pandemic academic recovery, rebuilding from the LA fires and planning for the future of the state’s workforce. The federal government provides more than half of the funding for California Climate Action Corps and about 5% of College Corps, while the state fully funds the Youth Service Corps.

    In the 2023-24 service year, 6,264 AmeriCorps members in California: 

    • Provided 4,397,674 hours of service
    • Tutored/mentored 73,833 students
    • Supported 17,000 foster youth with education and employment  
    • Planted 39,288 trees

    Members helped 26,000 households impacted by the LA fires and packed 21,000 food boxes.

    Press Releases, Recent News

    Recent news

    Apr 25, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Suzanne Martindale, of Oakland, has been appointed Chief Deputy Commissioner at the California Department of Financial Protection and Innovation. Martindale has been the Senior Deputy…

    Apr 25, 2025

    News What you need to know: More Californians than ever are connecting with earthquake warning services as the MyShake app reaches over 4 million downloads. SACRAMENTO – During Earthquake Preparedness Month, Governor Gavin Newsom today announced a major milestone: the…

    Apr 25, 2025

    News What you need to know: California is working with state, local, and federal agencies in a historic project to repopulate the North Yuba River with native fish and help protect the state’s waterways and ecosystems.  MARYSVILLE – Governor Gavin Newsom announced a…

    MIL OSI USA News –

  • MIL-OSI USA: Governor Newsom announces appointments 4.25.25

    Source: US State of California 2

    Apr 25, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    Suzanne Martindale, of Oakland, has been appointed Chief Deputy Commissioner at the California Department of Financial Protection and Innovation. Martindale has been the Senior Deputy Commissioner of the Division of Consumer Financial Protection at the California Department of Financial Protection and Innovation since 2021, and a Lecturer at the University of California, Berkeley School of Law since 2019. Martindale was a Student Loan Justice Fellow at the Student Borrower Protection Center from 2018 to 2021. She held multiple positions at Consumer Reports from 2010 to 2021, including Senior Policy Counsel and Western States Legislative Manager, Senior Attorney, and Staff Attorney. She was a Pro Bono Attorney at the East Bay Community Law Center from 2015 to 2018. She is a member of the Bar Association of San Francisco. Martindale earned a Juris Doctor degree from University of California, Berkeley, a Master of Arts degree in Humanities from University of Chicago, and a Bachelor of Arts degree in Philosophy from the University of California, Berkeley. This position does not require Senate confirmation, and the compensation is $207,600. Martindale is registered without party preference.

    Yvonne Hsu, of Washington D.C., has been appointed Deputy Director of Strategic Initiatives and External Affairs at the California Civil Rights Department. Hsu was the Chief of Staff of Rural Housing Service at the United State Department of Agriculture from 2023 to 2025. She was the Chief Policy and Government Affairs Officer at the National Asian Pacific American Women’s Forum from 2021 to 2023. Hsu was a Senior Housing Policy Specialist at the National Council of State Housing Agencies from 2020 to 2021. She was a Senior Advisor at the Office of United States Representative Katherine Clark in the United States House of Representatives from 2019 to 2020. Hsu was an Independent Consultant from 2018 to 2019. She held multiple positions at the United States Department of Housing and Urban Development from 2014 to 2017, including Policy Advisor at the Office of Fair Housing and Equal Opportunity and Special Assistant for Public Engagement at the Office of Public Affairs. Hsu held multiple positions in the Office of United States Representative Adam Schiff in the United States House of Representatives from 2008 to 2014, including Senior Legislative Assistant and District Representative. Hsu was the Outreach Coordinator at the Housing Rights Center from 2006 to 2008. She earned a Bachelor of the Arts degree in Sociology and History from the University of California, Riverside. This position does not require Senate confirmation, and compensation is $160,200. Hsu is a Democrat.

    Jaimie Huynh, of Sacramento, has been appointed Deputy Director of Strategic Engagement, Equity and Partnerships at the California Department of Fish and Wildlife. Huynh has been Acting Deputy Secretary for Environmental Justice and Equity at the California Environmental Protection Agency since 2025, where she has held multiple roles since 2022, including Environmental Justice Scientific Advisor and Climate Change Advisor. She was an Environmental Justice Enforcement Liaison at the California Department of Resources, Recycling, and Recovery from 2018 to 2022. Huynh was a California Sea Grant Fellow at the California State Lands Commission from 2017 to 2018. She earned a Master of Advanced Studies degree in Climate Science and Policy and a Bachelor of the Arts degree in Environmental Systems – Policymaking from the University of California, San Diego. This position does not require Senate confirmation, and compensation is $144,972. Huynh is a Democrat. 

    Robert Jenkins, of Victorville, has been appointed Administrator of the Veterans Home of California, Barstow at the California Department of Veterans Affairs. Jenkins has been Acting Administrator of the Veterans Home of California, Barstow since 2024, where he has held multiple roles since 2012, including Staff Services Manager II and Health and Safety Officer. Jenkins was a Firefighter/Security Officer Captain at the Veterans Home of California, Yountville, at the California Department of Veterans Affairs from 2010 to 2012. He was a Structural Firefighter at the Tule River Tribal Reservation Fire Department from 2009 to 2010. Jenkins was a Paid Call Firefighter/Engineer at the San Bernardino County Fire Department from 2009 to 2010. He was a Correctional Facility Fire Captain at the California Institution for Men-Chino Fire Department from 1997 to 2008. Jenkins was a Correctional Facility Firefighter at the Centinela Fire Department from 1993 to 1997. He was a Paid Call Firefighter/Captain at the San Bernardino County Fire Department from 1986 to 1997. Jenkins was a GS-06 Firefighter/Driver Operator at the Barstow Logistics Marine Base Fire Department from 1992 to 1993. This position does not require Senate confirmation, and the compensation is $160,428. Jenkins is a Democrat.

    Joseph “Joe” Nation, of South Lake Tahoe, has been appointed to the Independent Emissions Market Advisory Committee. Nation has been a Professor of the Practice in the Public Policy and Human Biology Programs at Stanford University since 2007. He was the Principal at Joe Nation Consulting from 1992 to 2024. Nation was the Senior Advisor to the President at the RAND Corporation from 1991 to 2024. He was an Assemblymember for District 6 in the California State Assembly from 2000 to 2006. He was an Associate Professor of Economics at the University of San Francisco from 1992 to 2000. Nation is a member of the Economic Advisory Board, Bay Area Council, and Climate Cabinet Action. He earned a Doctor of Philosophy degree in Public Policy Analysis from Pardee RAND Graduate School, a Master of Science degree in Diplomacy and Security from Georgetown University, and Bachelor of the Arts degrees in Economics, German, and French from University of Colorado, Boulder. This position does not require Senate confirmation, and there is no compensation. Nation is a Democrat.

    Press Releases, Recent News

    Recent news

    Apr 25, 2025

    News What you need to know: More Californians than ever are connecting with earthquake warning services as the MyShake app reaches over 4 million downloads. SACRAMENTO – During Earthquake Preparedness Month, Governor Gavin Newsom today announced a major milestone: the…

    Apr 25, 2025

    News What you need to know: California is working with state, local, and federal agencies in a historic project to repopulate the North Yuba River with native fish and help protect the state’s waterways and ecosystems.  MARYSVILLE – Governor Gavin Newsom announced a…

    Apr 24, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Leia Bailey, of Sacramento, has been appointed Chief Deputy Director at the California Department of Pesticide Regulation. Bailey has been Deputy Director of Communications and Outreach…

    MIL OSI USA News –

  • MIL-OSI USA: Governor Lombardo Introduces Nevada Accountability in Education Act

    Source: US State of Nevada

    Henderson, NV April 25, 2025

    This morning, Governor Joe Lombardo introduced his Nevada Accountability in Education Act alongside state education leaders at Pinecrest Academy of Nevada – Sloan Canyon.

    Joined by Interim Superintendent of Public Instruction Steve Canavero and Dr. Valeria Gurr, Senior Fellow at the American Federation for Children, Governor Lombardo outlined how the bill will instill accountability at every level of the education system, empower educators, expand opportunities for students, and ensure that families have a voice and choice in their child’s education.

    “After delivering the largest investment in K–12 education in Nevada’s history, we owe it to our communities to match that investment with real results – and real accountability. I’m proud of what we’ve done so far. But let’s be clear – we can no longer accept lack of funding as an excuse for chronic underperformance,” said Governor Joe Lombardo. “That’s why I’m introducing the Accountability in Education Act, which is legislation built on one guiding principle: No child in Nevada should be trapped in a failing school because of their ZIP code or held back because of how much their parents or guardians earn.”

    A fact sheet is attached, and you can view the full press conference here.

    ### 

    MIL OSI USA News –

  • MIL-OSI USA: California exceeds 4 million MyShake app downloads, urges Californians to take preparedness steps

    Source: US State of California 2

    Apr 25, 2025

    What you need to know: More Californians than ever are connecting with earthquake warning services as the MyShake app reaches over 4 million downloads.

    SACRAMENTO – During Earthquake Preparedness Month, Governor Gavin Newsom today announced a major milestone: the MyShake app – which alerts Californians before an earthquake begins – has surpassed 4 million downloads, the equivalent of more than 10% of the state. This achievement is a significant step in expanding access to California’s life-saving earthquake technology and building resilience across the state.

    Launched under Governor Gavin Newsom’s leadership, California’s nation-leading Earthquake Early Warning system notifies residents in advance of shaking by using ground motion sensors across California. More than 60% of the 1,046 sensors have been installed since the program launched in 2019, making the system more accurate and able to deliver alerts faster.

    Last week, the MyShake app distributed 693,044 alerts for the 5.2 magnitude earthquake near Julian in San Diego County, a subset of the total 7.5 million alerts sent out for that event. Some MyShake users received as much as 35 seconds notice before shaking occurred.

    “MyShake provides Californians with life-saving seconds before earthquakes strike. This milestone is a proud moment for California, and a reminder that preparedness is a continuous effort. We urge everyone to spread the word to friends, family, neighbors, and co-workers to download this critical tool.”

    Governor Gavin Newsom

    The California Earthquake Early Warning System combines the MyShake smartphone application with traditional alert and warning delivery methods such as Wireless Emergency Alerts (WEA). Now, with the integration of early warning technology within the most popular smartphone devices, the system can deliver alerts to most Californians.

    Since its inception, MyShake has delivered more than 5 million alerts for nearly 170 earthquakes.

    The MyShake app is free, easy to use, and available in six languages (English, Spanish, Chinese (Traditional), Tagalog, Korean, and Vietnamese). It can be downloaded on iOS, Android, and Chromebooks. The app contains earthquake and tsunami preparedness information not found in other alerting platforms and includes the secure Homebase feature which allows users to set a default location where they can receive earthquake early warning alerts even if location services are temporarily down or turned off.

    Californians are also encouraged to pair earthquake early warning with the Cal OES Earthquake Readiness Guide. This recently released comprehensive guide offers clear, easy-to-follow earthquake safety tips, explains essential preparedness steps, and how Californians can take protective actions before, during, and after an earthquake. Download the guide here today to ensure you and your loved ones are prepared.

    To learn more about earthquake preparedness and download the MyShake earthquake early warning application, visit: www.earthquake.ca.gov.

    Recent news

    Apr 25, 2025

    News What you need to know: California is working with state, local, and federal agencies in a historic project to repopulate the North Yuba River with native fish and help protect the state’s waterways and ecosystems.  MARYSVILLE – Governor Gavin Newsom announced a…

    Apr 24, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Leia Bailey, of Sacramento, has been appointed Chief Deputy Director at the California Department of Pesticide Regulation. Bailey has been Deputy Director of Communications and Outreach…

    Apr 24, 2025

    News What you need to know: California’s second C-130 Hercules airtanker is ready for firefighting operations, adding to the state’s arsenal that stands ready to protect communities from catastrophic wildfire. SACRAMENTO – With peak fire season on the horizon,…

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: InvestHK unveils application details for Global Fast Track 2025

    Source: Hong Kong Government special administrative region

    Invest Hong Kong (InvestHK) announced that the eighth edition of the Global Fast Track (GFT) 2025 is now open for applications until September 21. This year, the programme will be expanded to include other verticals in addition to fintech, unleashing business opportunities for more technology companies in Hong Kong and worldwide. The year-long hybrid programme provides participants with one-on-one meetings, live pitching opportunities, mentorship, and tailored business matching with corporate clients, investors and service providers. A separate competition track will select semi-finalists from each vertical to pitch in person during the Hong Kong FinTech Week x StartmeupHK Festival 2025 in November, with the grand finale taking place at the main conference. Shortlisted companies will also have access to exclusive networking events during the week for potential partnerships. 
     
         The Global Head of Financial Services, FinTech & Sustainability at InvestHK, Mr King Leung, shared, “The Global Fast Track has grown into more than just a fintech-accelerating platform. The expansion into additional verticals beyond fintech reflects a growing trend of technology converging across multiple industries. To date, the GFT has supported over 1 000 fintech companies from more than 50 economies, helping them showcase cutting-edge innovations and expedite market entry into Hong Kong and beyond. We are thrilled to build on this success and continue to offer unparalleled access to a regional network of more than 120 investors, corporate and service champions, mentors, and industry leaders.”
     
         The Head of Startups at InvestHK, Ms Jayne Chan, added, “It is exciting to see the expansion of this meaningful programme this year, as we welcome applications from verticals beyond fintech, including the newly dedicated ‘Innovation & Technology’ or deep tech vertical. Together, we aim to unlock the true potential of innovation across industries and provide a launchpad for transformative solutions. I look forward to welcoming high-calibre start-ups and scaleup applicants from around the world and witnessing the remarkable outcomes this programme will deliver.”
     
    Explore the Seven Expanded Global Fast Track Verticals
     
    The GFT 2025 includes seven key verticals, covering a broader range of categories than ever before:

    • FinTech;
    • Artificial Intelligence;
    • GreenTech;
    • Blockchain & Digital Assets;
    • InsurTech & HealthTech;
    • Innovation & Technology; and
    • Mainland China Track (in Mandarin).

     
    Glimpse of GFT 2025 Featured Partners
     
    HKSTP Global Connect
     
    For the GFT 2025, InvestHK is once again partnering with the Hong Kong Science and Technology Parks Corporation’s Global Connect Programme to support start-ups in expanding their presence in Hong Kong. The programme offers a comprehensive soft-landing package, including:
     

    • Financial grants of up to HK$100,000;
    • Access to co-working space;
    • Investment and business matching;
    • 1-on-1 consultations for setting up businesses in Hong Kong; and
    • Training and networking.

     
    Accenture FinTech Innovation Lab Asia-Pacific
     
    Established by Accenture in collaboration with Hong Kong Cyberport, the FinTech Innovation Lab Asia-Pacific (FILAP) bridges growth-stage fintech start-ups with senior executives from world-leading financial institutions. Since its launch, FILAP alumni have collectively raised over US$1.1 billion in funding and developed 552 Proof of Concepts across nearly 90 companies. Through the GFT 2025, applicants will have the opportunity to fast-track to FILAP 2026 Interview Day, providing access to expert mentorship and exclusive connections to global financial leaders.
     
         The GFT 2025 is an unparalleled opportunity for qualified innovators to showcase their profile in front of thousands of attendees and key corporates and investors looking for solutions and investment opportunities. Previous finalists have come from around the world, including Canada, France, Israel, Mainland China, Korea, Sweden, Switzerland, the United Kingdom and the United States.
     
    For details of the entire programme of the GFT 2025 and the application process, please visit here.

    MIL OSI Asia Pacific News –

  • MIL-OSI Video: Anti-Christian Bias Task Force, Terrorists Captured, Debunking Fake Media | This Week at DHS

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

    It was a busy week at DHS: Secretary Noem joined the first Department of Justice led Anti-Christian Bias Task Force. U.S. Border Patrol posted a 99.99 percent drop in catch and release of migrants at the border. ICE has arrested over 200 terrorists, including one of India’s most wanted. DHS debunked the false narrative of the mainstream media that criminal illegal aliens are “victims of the system.” The Secretary met with top podcasters, radio hosts and new media to spotlight the Department’s work to keep Americans safe. And DHS has made improvements to the Systematic Alien Verification Entitlement Program, known as the SAVE database.

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

    MIL OSI Video –

  • MIL-OSI Asia-Pac: External merchandise trade statistics for March 2025

    Source: Hong Kong Government special administrative region

    External merchandise trade statistics for March 2025 
         In March 2025, the value of total exports of goods increased by 18.5% over a year earlier to $455.5 billion, after a year-on-year increase by 15.4% in February 2025. Concurrently, the value of imports of goods increased by 16.6% over a year earlier to $500.9 billion in March 2025, after a year-on-year increase by 11.8% in February 2025. A visible trade deficit of $45.4 billion, equivalent to 9.1% of the value of imports of goods, was recorded in March 2025.
     
         For the first quarter of 2025 as a whole, the value of total exports of goods increased by 10.9% over the same period in 2024. Concurrently, the value of imports of goods increased by 9.8%. A visible trade deficit of $80.7 billion, equivalent to 6.4% of the value of imports of goods, was recorded in the first quarter of 2025.
     
         Comparing the first quarter of 2025 with the preceding quarter on a seasonally adjusted basis, the value of total exports of goods increased by 12.7%. Meanwhile, the value of imports of goods increased by 9.9%.
     
    Analysis by country/territory
     
         Comparing March 2025 with March 2024, total exports to Asia as a whole grew by 22.4%. In this region, increases were registered in the values of total exports to some major destinations, in particular Taiwan (+61.3%), Malaysia (+57.3%), Vietnam (+41.3%), the Philippines (+34.5%) and the mainland of China (the Mainland) (+25.4%). On the other hand, a decrease was recorded in the value of total exports to Korea (-22.8%).
     
         Apart from destinations in Asia, increases were registered in the values of total exports to some major destinations in other regions, in particular the United Kingdom (+48.5%) and the USA (+11.4%). On the other hand, a decrease was recorded in the value of total exports to the Netherlands (-29.0%).
     
         Over the same period of comparison, increases were registered in the values of imports from some major suppliers, in particular Vietnam (+95.1%), Taiwan (+75.8%), the United Kingdom (+55.6%), Malaysia (+46.9%) and the Mainland (+7.4%). On the other hand, a decrease was recorded in the value of imports from Korea (-21.0%).
     
         For the first quarter of 2025 as a whole, increases were registered in the values of total exports to some major destinations, in particular Vietnam (+69.1%), Taiwan (+40.6%) and the Mainland (+16.2%). On the other hand, decreases were recorded in the values of total exports to the United Arab Emirates (-36.9%) and India (-20.2%).
     
         Over the same period of comparison, increases were registered in the values of imports from some major suppliers, in particular Vietnam (+68.9%), the United Kingdom (+57.4%), Taiwan (+53.9%), Malaysia (+47.6%) and the Mainland (+4.1%). On the other hand, a decrease was recorded in the value of imports from Korea (-23.6%).
     
    Analysis by major commodity
     
         Comparing March 2025 with March 2024, increases were registered in the values of total exports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $51.2 billion or +133.5%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $20.8 billion or +11.1%). 
     
         Over the same period of comparison, increases were registered in the values of imports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $44.4 billion or +130.8%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $22.2 billion or +11.5%).
     
         For the first quarter of 2025 as a whole, increases were registered in the values of total exports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $86.7 billion or +82.6%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $43.3 billion or +8.6%).  On the other hand, a decrease was registered in the value of total exports of “telecommunications and sound recording and reproducing apparatus and equipment” (by $12.1 billion or -9.0%).
     
         Over the same period of comparison, increases were registered in the values of imports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $74.8 billion or +91.1%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $52.4 billion or +10.6%). On the other hand, a decrease was registered in the value of imports of “non-metallic mineral manufactures” (by $10.0 billion or -24.0%).
     
    Commentary
     
         A Government spokesman said that the value of merchandise exports grew sharply by 18.5% in March over a year earlier.  Exports to the Mainland grew strongly, while those to other major Asian economies showed mixed performance. Exports to the United States increased visibly, and those to the European Union registered a marginal increase.
     
         Looking ahead, global trade tensions have escalated abruptly due to the significant increases in tariffs by the United States in early April. This will pose challenges to Hong Kong’s merchandise trade performance. Nevertheless, the steady growth in the Mainland economy, together with Hong Kong’s proactive efforts in enhancing economic and trade ties with different markets, should help buttress trade performance. The Government has been providing support to enterprises through various measures in coping with the external challenges, and will monitor the situation closely.
     
    Further information
     
         Table 1 presents the analysis of external merchandise trade statistics for March 2025. Table 2 presents the original monthly trade statistics from January 2022 to March 2025, and Table 3 gives the seasonally adjusted series for the same period.
     
         The values of total exports of goods to 10 main destinations for March 2025 are shown in Table 4, whereas the values of imports of goods from 10 main suppliers are given in Table 5.
     
         Tables 6 and 7 show the values of total exports and imports of 10 principal commodity divisions for March 2025.
     
         All the merchandise trade statistics described here are measured at current prices and no account has been taken of changes in prices between the periods of comparison. A separate analysis of the volume and price movements of external merchandise trade for March 2025 will be released in mid-May 2025.
     
         The March 2025 issue of “Hong Kong External Merchandise Trade” contains detailed analysis on the performance of Hong Kong’s external merchandise trade in March 2025 and will be available in early May 2025. Users can browse and download the report at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1020005&scode=230 
         Enquiries on merchandise trade statistics may be directed to the Trade Analysis Section of the C&SD (Tel: 2582 4691).
    Issued at HKT 16:30

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Using custom earthquakes to define the top of Yellowstone’s magma reservoir

    Source: US Geological Survey

    Yellowstone Caldera Chronicles is a weekly column written by scientists and collaborators of the Yellowstone Volcano Observatory. This week’s contribution is from Brandon Schmandt, Professor of Earth, Environmental and Planetary Sciences and Chenglong Duan, Postdoctoral researcher, both at Rice University.

    When standing in many places in Yellowstone National Park, the signs of a buried heat source are unmistakable, making one inclined to wonder “how far beneath my feet is there magma”? The answer is important to fundamental science questions about magma reservoirs as well as for understanding the potential hazards from Yellowstone.  And it’s just a darn interesting question, too!

    A 53,000-pound vibroseis truck, with a hydraulic vibration plate that creates signals like tiny earthquakes. Here, the truck is parked at a roadside pullout near the Continental Divide in Yellowstone National Park.  Photo by Jamie Farrell, University of Utah, September 2020, taken under Yellowstone National Park research permit YELL-2020-SCI-8146.   Support for the field research was provided by the National Science Foundation (EAR-1950328).

    There is a long history of physical and chemical measurements that provide evidence for magma beneath Yellowstone caldera, with estimates for the depth to the top of the reservoir ranging from about 3 to 9 km (about 2 to 5.5 mi) beneath the surface. Most prior seismic imaging estimated smooth 3-D structure that is informative regarding the approximate size, shape, and location of magma storage. A limitation is that the resulting edges of the reservoir are blurry. Sharpening the view is important, as better knowledge of the depth and characteristics of the top of the magma reservoir would give additional insights into magma storage and release of magmatic gases. 

    To obtain that sharper view of the top of the magma reservoir, and to determine its depth and whether it is marked by a gradual or sharp transition, a group of seismologists used a controlled seismic source and hundreds of seismometers to image the subsurface. The “controlled source” was a 53,000-pound truck with a vibrating hydraulic plate that creates seismic signals, like tiny custom earthquakes. During the summer of 2020, the truck created these custom earthquakes on numerous paved roadside turnouts throughout the caldera. The work was done in the middle of night to avoid impacting park visitors, both from the minor ground vibrations and any traffic delays. The seismic signals created by the truck were measured at several dozen permanent Yellowstone Seismic Network stations, as well as about 600 temporarily installed seismometers that were deployed along roads and trails specifically for this seismic experiment. The seismic waves generated by the truck were tuned to bounce off the magma chamber, with the data from that reflection hopefully providing new insights into just where the top of the magma chamber is located and what it looks like.

    And the results are in, recently published in the journal Nature by Duan et al. 2025 (https://www.nature.com/articles/s41586-025-08775-9). The answer?  There is a very sharp transition marking the magma chamber top at about 3.8 km (2.4 mi) depth beneath the northeastern part of the caldera near the Yellowstone River.

    Seismic reflection data showing the top of the magma reservoir beneath Yellowstone Caldera along a cross section that runs from Canyon Village in the northwest (X) to near Lake Butte in the southeast (X`).  The top panel shows seismic P-wave (compressional wave) reflectivity, with evidence for the sharp reservoir top labeled. The middle panel shows seismic reflections where P-waves convert to S-waves (shear waves) as they reflect off the top of the reservoir. Combined information from the two reflection types helps constrain the total fluid fraction and relative amounts of bubbles and magma at the very top of the reservoir. The bottom panel shows a schematic cartoon interpretation in which a large reservoir that is several kilometers thick mostly contains a small amount of magma in the pore space between crystals, and a thin layer at the very top transiently accumulates bubbles that rise through the magma and temporarily reside in pore space between crystals and some melt.

    Beyond locating the top of the magma reservoir and determining that the boundary is less than about 100 m thick, the seismologists estimated the concentration and type of fluids present at the very top of the reservoir. They found that a two-part mixture of only magma and solid mineral crystals would not fit the strength of the reflected seismic signals, but a three-part mixture with supercritical fluid bubbles, magma, and solid mineral crystals can explain the reflections much better. This result is consistent with geochemical models that indicate bubbles would be coming out of magma stored at depths as shallow as 3.8 km (2.4 mi). At greater depths, and correspondingly greater pressures, the elements that form the bubbles would stay dissolved within the magma. But at the depth measured from the new seismic data, bubbles would emerge from the magma and rise to form a cap layer atop the magma reservoir.

    That might sound alarming—bubble accumulation in magma reservoir can be an important step toward creating the conditions suitable for eruption—but it depends on the concentrations of magma and bubbles. Fortunately, the Yellowstone magma system appears to be in a stable configuration. The seismic reflection results suggest about 14% fluid and about 86% solid crystals in the cap layer of the reservoir. Under these conditions, bubbles are expected to rise efficiently toward the surface, which prevents excessive build-up of pressure. And indeed, this fits with gas measurements that find magmatic gases emitted at the surface in many areas of Yellowstone National Park.

    Finding evidence for bubbles atop the Yellowstone magma reservoir gives new perspectives that align with the long-term view of a magmatic system that is mostly solid and currently stable. The results also highlight that it may be within reach to measure bubble accumulation beneath volcanoes in general, demonstrating once again that using Yellowstone as a natural laboratory can help better understand volcanoes and their eruptions elsewhere on Earth.

    MIL OSI USA News –