Category: Artificial Intelligence

  • MIL-OSI USA: Schakowsky, Markey, Ruiz, Jayapal Introduce Dr. Paul Farmer Memorial Resolution Outlining 21st Century Global Health Strategy 

    Source: United States House of Representatives – Congresswoman Pramila Jayapal (7th District of Washington)

    WASHINGTON — Today, Congresswoman Jan Schakowsky (IL-09), U.S. Senator Edward J. Markey (D-MA), Congressman Dr. Raul Ruiz (CA-25), and Congresswoman Pramila Jayapal (WA-07) introduced the Dr. Paul Farmer Memorial Resolution, to honor Dr. Farmer’s staggering life and legacy and lay out his extraordinary vision for realizing global health equity. This resolution lays out a 21st century global health strategy that proposes spending $125 billion annually on global health aid, reforming aid to focus on building national health systems, and putting an end to the exploitation of impoverished countries to increase their domestic tax base and health spending. This resolution seeks to save over 100 million lives per decade by increasing the flow of money in the global economy. 

    “Dr. Paul Farmer is responsible for transforming the lives of millions and millions of poor and marginalized people around the world, bringing them health care, dignity, and justice. A true visionary, Paul insisted that all people have a right to excellent health care, and he developed the systems to deliver it in places people had written off. Gleaming world class hospitals and locally trained doctors, nurses, and community workers now exist in places like Haiti and Rwanda. Paul was not only a world-renowned leader in global health, but also a precious friend and a tireless organizer, inspiring thousands of people to actively participate in his work. All of us owe him a debt that can only be paid by carrying on his mission and legacy,” said Congresswoman Jan Schakowsky. “That is why I am introducing the Dr. Paul Farmer Memorial Resolution alongside my colleagues Senator Markey and Representatives Ruiz and Jayapal. This resolution lays out a 21st Century Global Health Strategy that enshrines Paul’s vision to achieve global universal health care and end unnecessary and preventable deaths. We are the richest country in the world at the richest time in the world. As the Trump Administration rips away lifesaving aid from millions of people, it is more important than ever for those of us who care about global health and justice to rededicate ourselves to building and fully funding a robust global health strategy. Paul called on us to understand global health inequity as an injustice—a result of centuries of violence and exploitation inflicted on the global poor. We can make the choice to end global health inequity, and with Paul’s vision guiding us, we will.” 

    “Dr. Paul Farmer was a health care visionary and revolutionary who understood compassion and care went hand in hand. At a time when global health and well-being are strained, I am proud to introduce this resolution honoring Dr. Farmer and the transformational work he did to deliver health care to people and communities around the world. Health is the first wealth, and we must do everything in our power to ensure that people around the world are healthy, safe, and have access to the resources they need to live and thrive,” said Senator Edward Markey.

    “Dr. Paul Farmer was more than a global health leader, he was my mentor, professor, and dear friend,” said Congressman Dr. Raul Ruiz. “From my early years at Harvard Medical School to our work together in Boston, Chiapas, Guatemala, and post-earthquake Haiti, he showed me what it means to fight for underserved communities with unwavering dedication. I am honored to help reintroduce this resolution in his memory, as a testament to his extraordinary impact on humanity.” 

    “Dr. Paul Farmer changed global health for the better with his work in impoverished countries, treating infectious diseases and providing high quality care to those who needed it most. He also fundamentally altered the way we think about international aid, and his organizing and movement building has led to millions of people worldwide living healthier and longer lives. As a lifelong organizer and someone who worked in global health for years before coming to Congress, I know the importance of this work and know how devastating Trump and Republicans’ cuts to USAID and other international aid programs are. This resolution outlines a vision for a world in which we tackle the injustice of global health inequities and treat health care as a true human right. It also recognizes that to achieve these goals, we need to democratize the global financial system, including cancelling predatory debt that has often crushed low- and middle-income countries. I’m proud to co-lead it with Representatives Schakowsky and Ruiz,” said Congresswoman Pramila Jayapal.

    The proposals in the resolution are as follows: 

    • Increase global health aid to $125 billion per year
      • Close the essential universal health care financing gap for low-income countries
      • Allow the U.S. to meet the U.N. aid target of 0.7% GNI for the first time ever
    • Reform global health aid
      • Focus on building national health systems and direct funding to local partners, not the development industry
      • Develop new medical technologies for diseases of poverty and ensure their availability as global public goods
    • Make the global economy more fair, just, and democratic
      • Democratizing the IMF, World Bank, and World Trade Organization, so that poor countries have greater say over decisions that affect their economies and their ability to finance health systems
      • Global debt cancelation for all developing countries that need it
      • Ending harmful licit and illicit financial flows from poor countries—ending global tax havens and illegal practices like trade misinvoicing
      • Supporting global labor rights, such as a global minimum wage

    “In this moment of crisis, we need Paul’s vision for global health justice more than ever. Thankfully, that vision is captured in this resolution. It provides us with a much-needed roadmap for global cooperation based on solidarity and justice by getting to the root causes of unnecessary suffering and death, or what Paul called ‘structural violence’. This includes greatly improving development assistance for health, but also going well beyond aid to address ongoing extractive colonial arrangements, which preclude local investments in health systems,” said Sheila Davis, CEO of Partners in Health.

    As an infectious disease physician, Dr. Farmer earned accolades for treating patients in impoverished countries with high quality care, including those suffering from HIV and cancer. As a medical anthropologist, he was known for popularizing and deepening understandings of “structural violence,” the idea that social systems are designed to impoverish, sicken, and sideline select groups. As chief strategist of Partners in Health, he garnered plaudits for pioneering community-based treatment strategies, building teaching hospitals, and more. Dr. Farmer called on us to understand global health inequity as an injustice—an effect of centuries of violence and exploitation inflicted on the global poor. This resolution embodies that and will serve as a North Star that will guide the movement for global health equity for years to come. 

    In addition to Reps. Schakowsky, Ruiz, and Jayapal, this resolution is cosponsored in the House of Representatives by Reps. Raja Krishnamoorthi (IL-08), Betty McCollum (MN-04), Jim McGovern (MA-02), Seth Moulton (MA-06), Ayanna Pressley (MA-07), Delia Ramirez (IL-03), Juan Vargas (CA-52). 

    In addition to Sen. Markey, this resolution is cosponsored in the Senate by Sen. Elizabeth Warren (D-MA).

    Issues: Foreign Affairs & National Security, Health Care

    MIL OSI USA News

  • MIL-OSI: CORRECTION: Coralogix Contributes MongoDB Compatibility to OpenTelemetry eBPF Auto-Instrumentation

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, July 31, 2025 (GLOBE NEWSWIRE) — In our press release dated July 23rd, 2025, titled “Coralogix Donates eBPF Auto-Instrumentation to the OpenTelemetry Community”, despite our rigorous review process for all public content, we included some inaccuracies that we wish to correct. The original release stated that we contributed eBPF monitoring to the OpenTelemetry project entitled OpenTelemetry eBPF Instrumentation (OBI). While we did add new features to this project, we are not its original authors, nor did we lead the project. We regret the oversight and remain committed to maintaining clarity and accuracy in all communications. The corrected release follows:

    The global open observability community is getting a major boost. Coralogix has contributed MongoDB support and DB event identification to the OpenTelemetry eBPF Instrumentation (OBI) project. The OBI project was initially taken from Project Beyla, authored by Grafana Labs, and has since become the bedrock of eBPF based Observability in the OpenTelemetry project. We’re thrilled to contribute to such a fantastic initiative.

    Manual instrumentation remains one of the biggest adoption blockers for OpenTelemetry and distributed tracing. Teams often must retrofit code, manage language agents, and coordinate across dozens or hundreds of services just to get baseline trace coverage. That slows projects, fragments data collection, and increases cloud cost and engineering effort. In minutes, teams can stream high-fidelity traces, logs, and metrics from polyglot and legacy systems with minimal performance impact. The data is output in OTLP format, ready for any OpenTelemetry-compliant backend.

    This upstream-first approach reinforces the project’s goal: to help organizations of all sizes adopt observability without friction. The simplified deployment and vendor-neutral design support faster onboarding and broader adoption across both modern and legacy environments.

    “Instrumentation shouldn’t be a developer tax,” said Yoni Farin, CTO and Co-founder at Coralogix. “By contributing to OBI by the OpenTelemetry community, we’re adding our efforts to the goal of transforming high-fidelity distributed tracing into something that any team can turn on with a simple deployment. One DaemonSet, one Helm command, and your entire stack can light up. That’s what open observability should feel like.”

    OBI is available today as an open community project. Users can deploy the OBI DaemonSet or Helm chart, stream data through the OpenTelemetry Collector, and send it to Coralogix, Grafana Tempo, Jaeger, or any OTEL-compatible destination. Contributions, issues, and feedback from the community are welcome.

    About Coralogix
    Coralogix is a full-stack observability platform that enables businesses to monitor and manage data in real time, providing instant insights without the need for indexing. The platform supports Log Analytics, application performance monitoring (APM), security information and event management (SIEM), real user monitoring (RUM), and infrastructure monitoring, offering complete visibility into AI performance, security, and governance in a single solution. Coralogix offers a simple pricing model based on data volume, along with world-class support that ensures rapid response times and swift resolutions. To learn more, visit www.coralogix.com.

    Media Contact
    Mark Prindle
    Fusion PR
    mark.prindle@fusionpr.com

    The MIL Network

  • MIL-OSI Economics: Frozen in transit: Russian state actor Secret Blizzard’s AiTM campaign against diplomats

    Source: Microsoft

    Headline: Frozen in transit: Russian state actor Secret Blizzard’s AiTM campaign against diplomats

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    MIL OSI Economics

  • MIL-OSI USA: ICYMI: Secretary Chavez-DeRemer highlights President Trump’s AI Action Plan, pro-worker accomplishments on ‘America at Work’ listening tour

    Source: US Department of Labor

    MYRTLE BEACH, SC – U.S. Department of Labor Secretary Lori Chavez-DeRemer continued her nationwide America at Work listening tour this week starting on the West Coast in Washington state to discuss artificial intelligence, before heading to the East Coast and stopping in South Carolina, where she spoke with business leaders and manufacturers in Florence, Georgetown, Hartsville, Mullins, and Myrtle Beach.

    In Kirkland, Washington, the Secretary met with software developers at ServiceNow to discuss the growing role of artificial intelligence in the workplace. In South Carolina, she visited with manufacturers across multiple industries to hear directly from business leaders and workers about how President Trump’s pro-growth policies are strengthening the American workforce.

    “Every sector of our economy is coming back to life under President Trump’s bold, visionary leadership – from artificial intelligence in Washington state to advanced manufacturing in South Carolina,” said Secretary Chavez-DeRemer. “In just over six months, this President has expanded economic opportunity for hardworking Americans by making historic investments in our workforce through the One Big Beautiful Bill Act. I’d like to thank my friend, Congressman Fry, for hosting me in the great state of South Carolina to see the positive impacts of these America First policies firsthand. I’m committed to working with our federal, state, and local partners to ensure workers have the tools they need to succeed in America’s new Golden Age.”

    “South Carolina is home to some of the hardest working people in the country, and the One Big Beautiful Bill puts them first – cutting taxes, growing jobs, and investing in the future of our workforce,” said Rep. Russell Fry. “From touring thriving manufacturing facilities, seeing our tourism and hospitality industries in action, and meeting the workers who keep it all running, we saw firsthand how this legislation delivers for South Carolina families and the American people. Thank you to my good friend Secretary Chavez-DeRemer for visiting the Grand Strand and Pee Dee regions of our state to see just how much this bill will mean for South Carolina’s future.”

    Washington

    In Kirkland, Secretary Chavez-DeRemer toured ServiceNow’s offices and met with employees to discuss how they are helping power a new AI boom in the U.S. The Secretary emphasized that the Department of Labor will play a central role in implementing President Trump’s AI Action Plan, which aims to boost AI literacy, invest in skills training, and ensure American workers are equipped to thrive in an increasingly AI-driven economy.

    South Carolina

    In Myrtle Beach, Secretary Chavez-DeRemer joined Rep. Fry for a roundtable discussion with business leaders at the Myrtle Beach Chamber of Commerce. They talked about how the One Big Beautiful Bill Act is reinvigorating American industry by eliminating taxes on tips and overtime and expanding access to Pell Grants for technical schools so students can be ready to fill in-demand jobs. The Secretary also provided an update on her America at Work tour, reiterating that listening directly to workers is critical to developing policies that put American workers first.

    Following the roundtable, Secretary Chavez-DeRemer visited several local employers that are driving economic growth and job creation:

    • Envirosep, where she met with engineers and technicians developing next-generation heating system technologies designed to improve energy efficiency and reduce operating costs.
    • SOPACKO, a manufacturer of ready-to-eat meals for the U.S. military, where she observed how recent investments have strengthened domestic production and bolstered manufacturing capacity to support America’s servicemembers.
    • Buc-ee’s, where she toured the company’s only South Carolina location and saw firsthand how the pride and value of hard work is reflected in top-tier customer service.
    • Stingray Boats, where she visited with workers to learn more about how one of the nation’s leading independent boat builders has been manufacturing high-performance recreational boats for over four decades. 

    At each stop, Secretary Chavez-DeRemer highlighted how President Trump’s One Big Beautiful Bill Act is creating new pathways to economic prosperity by expanding opportunity and helping more hardworking men and women achieve the American Dream. Learn more about her recent visits to Georgia, Michigan, and Indiana.

    MIL OSI USA News

  • MIL-OSI USA: U.S. Army Awards Enterprise Service Agreement to Enhance Military Readiness and Drive Operational Efficiency

    Source: United States Army

    WASHINGTON (31 July 2025) – The U.S. Army today awarded Palantir a new Enterprise Agreement that establishes a comprehensive framework for the Army’s future software and data needs. The Army anticipates sustained capability growth to meet operational warfighting needs for proven commercially available solutions. The EA will enhance military readiness and drive operational efficiency while delivering significant cost efficiencies.

    Through this EA, the Army consolidates 75 contracts, comprised of 15 prime contracts and 60 related contracts, into a single contract, accelerating the delivery of proven commercial software to warfighters while removing contract and re-seller pass-through fees. This streamlined approach reduces procurement timelines, ensuring Soldiers have rapid access to cutting-edge data integration, analytics, and AI tools.

    This contract allows the government flexibility to purchase goods and services as needed, resulting in significant cost efficiencies across mission-critical programs. The agreement establishes volume-based discounts for the contract’s performance period of up to 10 years. The Army and other Department of Defense agencies have the option to purchase Palantir’s commercial products during that period, not to exceed the $10 billion cap. This amount represents the maximum potential value of the contract, not any specific obligations or commitments.

    “This Enterprise Agreement represents a pivotal step in the Army’s commitment to modernizing our capabilities while being fiscally responsible,” said Leo Garciga, the Army’s Chief Information Officer. “By streamlining our procurement processes and leveraging enterprise-level discounts, we are not only enhancing our operational effectiveness but also maximizing our buying power.”

    The Army remains committed to rigorously assessing contract requirements and driving robust competition, ensuring that innovative solutions and exceptional value are consistently delivered for both the government and the American taxpayer.

    MIL OSI USA News

  • MIL-OSI: Final Debt Relief Launches AI-Powered Smart Savings Estimator to Help Americans Overcome Debt

    Source: GlobeNewswire (MIL-OSI)

    Sheridan, Wyoming, July 31, 2025 (GLOBE NEWSWIRE) — Final Debt Relief, a trusted leader in debt relief solutions, today announced the launch of its Smart Savings Estimator, an innovative AI-powered platform that offers personalized savings and repayment projections and connects users with vetted debt relief providers, all without obligation.

    As consumer debt continues to rise, with U.S. credit card balances surpassing $1.13 trillion in 2024, Americans are increasingly seeking effective and transparent solutions to regain financial control. The Smart Savings Estimator is designed to support individuals with $10,000 or more in unsecured debt, including credit card debt, personal loans, and medical bills. By inputting basic information such as location, total debt, and financial goals, users receive customized estimates of their potential savings and tailored matches with debt relief companies that suit their unique situations.

    The Time Advantage: Freedom in Years, Not Decades

    One of the most compelling benefits of debt settlement programs is the dramatic time savings they offer. While traditional minimum payment approaches can trap consumers in debt cycles lasting 10-20 years or more, professionally managed debt settlement programs typically achieve resolution in just 24-48 months. This time advantage means families can reclaim their financial freedom in a fraction of the time, allowing them to redirect their energy toward building wealth rather than servicing endless debt.

    Beyond Financial Relief: Restoring Peace of Mind

    The benefits of effective debt resolution extend far beyond mere dollars and cents. Users of debt settlement programs consistently report profound emotional improvements that transform their daily lives:

    • Reduced Stress: Freedom from constant worry about mounting bills and collection calls
    • Peaceful Sleep: Relief from the anxiety that keeps debt-burdened individuals awake at night
    • Relationship Harmony: Elimination of financial strain that often creates tension between spouses and family members

    “Debt isn’t just a financial burden, it’s an emotional prison,” said Dan Henderson, Lead Technology Officer at Final Debt Relief. “When someone can see a clear path to freedom in 2-4 years instead of 20, and when they stop losing sleep over mounting bills, that’s when real healing begins. Our Smart Savings Estimator shows people both the financial math and the emotional relief that’s possible.”

    Transparency and Trust: Removing Industry Barriers

    This launch addresses growing concerns about the lack of clarity and trust in the debt relief industry. Many consumers avoid seeking help due to confusing terms, hidden fees, and high-pressure sales tactics. Final Debt Relief’s new tool removes those obstacles by delivering honest, actionable insights that empower users to make informed decisions at their own pace.

    “Our mission has always been to put consumers first,” said Dan. “People deserve a way to understand their options without fear or sales pressure. The Smart Savings Estimator was built to provide clarity, confidence, and convenience, all in one platform.”

    Unlike basic online debt calculators, the estimator uses advanced algorithms to evaluate various inputs, including debt type and regional differences in settlement terms, providing a personalized snapshot of what debt relief could realistically achieve. The platform’s AI-driven matching system also identifies the most appropriate providers based on the user’s needs, increasing the likelihood of successful outcomes.

    What sets this tool apart is the rigorous vetting process Final Debt Relief applies to every partner in its network. Providers are screened for licensing, compliance, settlement success rates, customer satisfaction, and ethical business practices. This ensures that users are only connected with reputable companies that meet the highest standards in the industry. The company continuously monitors performance to maintain this quality assurance.

    Proven Results: Real People, Real Success Stories

    Early feedback from beta testing has been overwhelmingly positive. Participants reported a 32% increase in confidence when deciding whether to explore debt relief after using the estimator, showing that access to reliable and customized information significantly influences decision-making. Real-world results support these findings. Take Mark, a 42-year-old father of two from Florida, who had over $32,000 in credit card debt. Using Final Debt Relief’s Smart Savings Estimator, he quickly saw potential monthly savings and connected with a provider who negotiated a lower repayment amount, helping him breathe easier within months.

    In addition to supporting common types of unsecured debt, the platform is equipped to help those with student loans and mixed debt portfolios. This inclusive approach ensures that users from all walks of life can find the guidance they need to begin their journey toward financial stability.

    The Smart Savings Estimator is now live and accessible online. It is completely free to use, requires no sign-up commitment, and delivers results in minutes. Users can explore their options privately and securely, gaining clarity without pressure or obligation.

    To access the Smart Savings Estimator and learn more about Final Debt Relief’s services, visit https://www.finaldebtrelief.com.

    About Final Debt Relief
    Final Debt Relief is a Wyoming-based company committed to helping Americans overcome overwhelming debt through transparent, AI-enhanced solutions. By connecting consumers with vetted debt relief providers and offering educational tools, the company empowers individuals to make confident, informed decisions about their financial futures.

    Media Contact:
    Dan Hednderson
    Final Debt Relief
    Email: support@finaldebtrelief.com

    The MIL Network

  • MIL-OSI USA: Warner, Kaine, Colleagues Introduce Legislation to Increase Transparency in Immigration Enforcement

    US Senate News:

    Source: United States Senator for Virginia Tim Kaine

    CLICK BELOW TO DOWNLOAD BROADCAST-QUALITY AUDIO AND VIDEO:

    SEN. WARNER ON THIS LEGISLATION

    SEN. KAINE ON THIS LEGISLATION 

    WASHINGTON, D.C. – U.S. Senators Mark R. Warner and Tim Kaine (both D-VA) were joined by Sens. Angus King (I-ME), Michael Bennett (D-CO), and John Hickenlooper (D-CO) in introducing today to increase transparency, accountability, and safety in immigration law enforcement. The Immigration Enforcement Identification Act would prohibit law enforcement officers from obscuring their faces and require that they clearly display their agency, their name and a unique identifier while conducting immigration enforcement functions, with some commonsense exceptions for select tactical missions and officer health and safety. This legislation also provides federal law enforcement agencies with the authority to better protect law enforcement officers and their families from doxing.

    This legislation comes as the Department of Homeland Security prepares to hire and deploy thousands of new immigration enforcement agents, thanks to a dramatic infusion of funding by congressional Republicans that makes Immigration and Customs Enforcement (ICE) better funded than all but 15 of the world’s militaries.

    “Communities around the country have been clear: we should not have armed, masked, and unidentified individuals prowling around neighborhoods and snatching people off the street. This conduct poses a great risk for everyone involved, from the officers themselves to well-intentioned bystanders who may misunderstand the situation,” said Warner. “Despite the risks, our local police officers, state troopers, national guardsmen, and even members of the armed forces interact with communities every with full-faced transparency – the kind that creates trust and helps hold us all to higher standards. I’m proud to introduce this legislation to hold ICE to the same standards that the vast majority of American law enforcement are held to.”

    “In recent months, we’ve seen how some ICE officers and agents – without clear indicia that they are law enforcement and often wearing masks – conducting immigration operations have caused fear and unnecessary danger on our streets and even in sensitive locations like county courthouses,” Kaine said. “This legislation would require ICE officers and agents to visibly identify themselves as law enforcement, helping to enhance safety and mitigate risk of violence if people misunderstand what’s happening. Our bill would also help to protect these officers and agents and their families from doxing and physical harm by giving them the tool to take their personal information such as their home addresses off the internet.”

    “This legislation is simple: the bad guys wear masks, not law enforcement officers. Our police, first responders and public safety officials play an important role in keeping our communities safe and free from harm, but there also needs to be accountability and transparency in the line of duty,” said King. “The uptick in immigration agents not clearly identifying themselves while on the job has eroded an already diminishing trust with the communities they serve. The Immigration Enforcement Identification Act would set reasonable, commonsense standards for immigration officer identification, and provide law enforcement personnel and their families with the appropriate resources to prevent doxxing.”

    “Masked immigration enforcement agents performing arrests without identification is deeply troubling,” said Bennet. “We must hold all law enforcement to the same standard of accountability. This legislation protects due process rights, prioritizes safe community encounters, and upholds proper immigration enforcement.”

    “We are deeply concerned about reports of ICE agents taking families off the street without identification,” said Hickenlooper. “Our bill is about promoting trust and transparency in our communities, and enforcing basic due process rights.”

    According to the Department of Homeland Security, ICE does not have a “face-covering” policy. In recent months, ICE and agencies supporting ICE have been widely observed conducting immigration enforcement in plain clothes, out of unmarked cars, and while wearing a variety of imprecise or inscrutable insignia that makes them impossible to identify.

    The Immigration Enforcement Identification Act would require that all federal law enforcement and state and local law enforcement partners be identifiable while conducting immigration enforcement functions. This includes federal law enforcement organizations such as ICE, Customs and Border Protection (CBP), Border Patrol (BP), Federal Bureau of Investigations (FBI), Drug Enforcement Agency (DEA), Bureau of Alcohol, Tobacco, and Firearms (ATF), U.S. Marshals, as well as state and local partners working with the federal government on immigration enforcement.

    This bill also takes important steps to help protect members of law enforcement and their families by providing personal data privacy services for immigration enforcement officers whose official duties may put them at increased risk of being the target of threats, intimidation, harassment, stalking, or a similar action. These services can help an individual monitor their sensitive personal information – including their personal phone number, home address, or other information that could be used to commit crimes against members of law enforcement – and remove it from websites, platforms, and data brokers.

    This legislation has the support of the Law Enforcement Action Partnership (LEAP), Immigration Hub, American Immigration Lawyers Association (AILA), and Service Employees International Union (SEIU).

    “This legislation strikes the right balance between transparency and officer safety,” said Law Enforcement Action Partnership Executive Director Lt. Diane Goldstein (Ret.). “Operating with clear identification – name, agency, and badge number – is standard practice for accountability across policing and the military, and there is no reason federal immigration officers should be exempt. At the same time, providing officers with additional tools to protect against doxing ensures that this critical effort to maintain and rebuild public trust does not come at the cost of security.”

    “The Immigration Enforcement Identification Safety Act of 2025 brings long-overdue transparency and accountability to immigration enforcement while giving law enforcement officers more tools to protect themselves. Just as we require our military and law enforcement to identify themselves during civil operations, it is both reasonable and essential to expect the same of immigration officers. Displaying names or unique identifiers and ensuring visible faces not only builds public trust but also protects the integrity of our institutions and the rights of the individuals they encounter. At the same time, this bill provides resources for agents to protect themselves,” said Immigration Hub Co-Executive Director Kerri Talbot.

    “No one – White, Black, Brown, AAPI, or Immigrant – should live in fear of masked agents snatching people off of the streets without identifying themselves. Families often don’t know where their loved ones are being held or who may be next. Our communities need safety and trust, not terror and chaos,” said SEIU Secretary Treasurer Rocio Saenz.

    Text of this legislation is available here. A summary is available here.

    MIL OSI USA News

  • MIL-OSI USA: Senator Baldwin Releases Statement on Bipartisan Bill to Fund Labor, Health, and Education Departments for Fiscal Year 2026

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin

    WASHINGTON, D.C. – Today, U.S. Senator Tammy Baldwin (D-WI), Ranking Member of the Senate Appropriations Subcommittee on Labor, Health, and Human Services, released the following statement after the full committee advanced her Fiscal Year 2026 funding legislation to the Senate floor. In addition to funding critical programs that the Trump Administration has tried to cut or withhold funding from – including Head Start, the National Institutes of Health, and Job Corps – the bipartisan bill takes further steps to mandate the timely delivery of Congressionally approved funding and adequate staffing levels at federal agencies to carry out the mission of these programs.

    “At the end of the day, my North Star is delivering for the people of Wisconsin. While no one got everything they wanted in this bill, I’m proud to say we found common ground and are doing just that to address the challenges facing working families across the country. From investing in cancer and Alzheimer’s research, to protecting the Department of Education and early education funding, to strengthening my 988 Suicide Lifeline, we came together to deliver for our constituents,” said Senator Baldwin. “This bill not only puts Donald Trump’s budget in the trash, it also reins in this President’s efforts to dismantle and withhold funding for critical programs our constituents rely on. This bill takes on the kitchen table issues families face by addressing childcare costs, connecting more Americans with good-paying jobs, and taking on the mental health and opioid epidemics. While it is not perfect, I look forward to getting it over the finish line on behalf of Wisconsinites who want to see a Washington that works for them.”

    As Ranking Member of the Subcommittee on Labor, Health, and Human Services, Senator Baldwin writes the bill that funds the Departments of Labor, Health and Human Services, and Education. A summary of the bill is available below.

    Key Points & Highlights – Department of Health and Human Services

    Department of Health and Human Services (HHS): The bill provides $116.6 billion, an increase of $446 million in discretionary funding for the Department of Health and Human Services over fiscal year 2025.

    The bill rejects the Trump administration’s harmful efforts to defund and dismantle critical work that HHS oversees—maintaining important funding for programs across HHS that touch the lives of nearly every American, while providing targeted increases to important bipartisan priorities. The bill includes new requirements to help ensure adequate staffing and the timely awarding of funding to prevent completely unnecessary delays and disruptions in programs that families and communities across the country count on—from child care and Head Start to substance use and mental health—and that support lifesaving research into cures and treatments for devastating diseases.

    Biomedical Research: The bill provides $48.7 billion in discretionary funding for the National Institutes of Health (NIH)—an increase of $400 million to propel lifesaving and life-changing cures and treatments across NIH’s 27 institutes and centers and the Advanced Research Projects Agency for Health (ARPA-H).

    The bill rejects the catastrophic 40% cut to NIH proposed by President Trump, and instead of slashing funding for biomedical research, includes a:

    • $150 million increase for cancer research;
    • $100 million increase for Alzheimer’s disease research;
    • $30 million increase for the National Institute of Allergy and Infectious Diseases;
    • $30 million increase for the Office of Research on Women’s Health;
    • $25 million increase for ALS research, fully funding the $100 million as authorized by the ACT for ALS Act of 2021;
    • $20 million increase for the IMPROVE Initiative for research on maternal mortality;
    • $12 million increase for BRAIN Initiative research;
    • $10 million increase for diabetes research;
    • $10 million increase for rare disease research;
    • $9 million increase for the Undiagnosed Diseases Network; and a
    • $5 million to implement the National Parkinson’s Project.

    The bill also rejects the Trump administration’s proposal—and illegal efforts—to cap indirect cost rates at 15%, which would devastate biomedical research, and continues a longstanding provision that prohibits NIH from implementing such a cap. The bill also rejects the Trump administration’s misguided elimination of programs across NIH by maintaining funding for HIV vaccine research, training programs that support the next generation of researchers, and the Safe to Sleep campaign, among others.

    The bill also includes, as part of a manager’s amendment, a new provision that would prevent implementation of the Office of Management and Budget’s misguided policy for NIH to fund significantly more of its multi-year research grants in one lump sum. This poorly thought-out new policy would significantly cut the number of research grants NIH awards this year and next year—according to NIH’s own estimate, by 40% in fiscal year 2025, reducing the percentage of cancer research grants it will award from 13% to 7%, and Alzheimer’s disease grants from 18% to 6%. OMB’s attempt this week to explicitly and illegally withhold billions in funding and halt all remaining NIH research grants through the rest of the year makes its intentions crystal clear. More needs to be done to protect NIH research programs, but the provision included in this bill is an important step in preventing the Trump administration from decimating the biomedical research enterprise Congress has built in a bipartisan manner over decades, which has long been the envy of the world and drives medical innovation that has saved millions of lives.

    The bill also includes a new authority for NIH to address loopholes in sexual harassment reporting and strengthen accountability by requiring institutions to complete investigations into concerns about harassment, bullying, retaliation, or hostile working conditions, even if the alleged perpetrator leaves their current position and is no longer employed by the institution. It provides the NIH Director the authority to decline the transfer of an award to a different institution, helping to close the “pass-the-harasser” loophole. It also provides the NIH Director the authority to share investigation reports on an as-needed basis with any institution that receives NIH funding.

    Child Care and Early Learning Programs: The bill includes $8.8 billion for the Child Care and Development Block Grant (CCDBG)—an $85 million increase over fiscal year 2025; and $12.4 billion for Head Start, an $85 million increase. Much more needs to be done to address our broken child care system and ensure every working family can find and afford child care, which is critical for businesses and our economy too—but sustained annual increases in these programs are critical in the meantime. The bill also sustains funding for Preschool Development Grants, which President Trump proposed eliminating in his budget request.

    Addressing Substance Use Disorders and Mental Health: The bill sustains funding to address the rising toll of opioid overdoses fueled by fentanyl, maintain access to substance use disorder prevention and treatment, and improve access to mental health services.

    The bill rejects President Trump’s proposed cuts to SAMHSA programs and maintains SAMHSA as its own, independent agency to ensure substance use and mental health remain a priority at HHS. The bill includes targeted increases to SAMHSA programs, including $2.0 billion, a $20 million increase over fiscal year 2025, for the Substance Use Prevention, Treatment, and Recovery Services Block Grant; $1.6 billion for State Opioid Response grants, a $20 million increase; and $145 million for the Rural Communities Opioid Response Program.

    It protects key investments in mental health programs by sustaining funding for the Mental Health Block Grant, Project AWARE, Mental Health Awareness Training, and the National Childhood Traumatic Stress Network. The bill also provides $535 million, a $15 million increase over fiscal year 2025, for the 988 Suicide Prevention Lifeline, to address continued increases in demand as 988 has been stood up over the last several years, and it restores dedicated funding for the LGBTQ+ youth specialized services line that President Trump eliminated this summer.

    Additionally, it includes approximately $180 million in investments within the Department of Education to address the shortage of school-based mental health professionals and services in our nation’s K-12 schools.

    Essential Health Care Programs: The bill protects investments in health care access and affordability and the health care workforce—maintaining investments in core programs, including $1.86 billion for Community Health Centers and $128.6 million for the National Health Service Corps. The United States Preventive Services Task Force (USPSTF) is fully funded, and the bill affirms support for the mission and scientific integrity of the task force. The bill also includes a $9.3 million increase in rural health programs to boost recruitment of health care providers to practice in rural areas and support rural hospitals.

    Importantly, the bill provides a $5 million increase in funding for the Organ Procurement and Transplantation Network (OPTN) Modernization Initiative to strengthen and reform the nation’s organ donation and transplant system. There are more than 100,000 individuals on the organ transplant waitlist, and this initiative, which began during the Biden administration, will allow the OPTN to better serve patients and families and strengthen accountability.

    Public Health: The bill rejects the approximately $4 billion—or 50%—cut to CDC programs proposed by President Trump’s budget request. CDC helps keep Americans safe and healthy by protecting against diseases and supporting states and local communities as they do the same. It also rejects the Trump administration’s haphazard proposal to dismantle CDC, which risks Americans’ health and safety, and requires HHS to support staffing levels to carry out the CDC’s programs.

    The bill also helps support state and local health departments by sustaining critical programs across the CDC, including funding for chronic diseases, the Office of Smoking and Health, injury prevention programs (including firearm injury and mortality research), global health programs, and immunization and infectious disease prevention programs.

    HIV/AIDS: The bill includes $613 million for the Ending the HIV Epidemic Initiative, which provides high-need jurisdictions with prevention and treatment services for people at high risk for HIV transmission. This includes $220 million within the CDC’s Domestic HIV/AIDS Prevention and Research programs to develop and deploy innovative data management solutions, increase access to PrEP, and better detect and respond to HIV clusters, and $128.9 million for the CDC’s global HIV/AIDS program. The bill also provides full funding for the Ryan White HIV/AIDS program, including dental services and training for health care practitioners, two initiatives that President Trump sought to eliminate in his budget proposal.

    Women’s Health: The bill sustains funding for reproductive health programs, including Title X and the Teen Pregnancy Prevention Program, which President Trump eliminated in his budget proposal. The bill also increases investments in maternal health across CDC and NIH with a $53 million increase for programs that aim to address maternal mental health, prevent pregnancy-related deaths, support best practices to improve maternal health outcomes, and invest in women’s health research. The bill also provides funding for a new initiative to support survivors of sexual assault and creates a new menopause initiative within AHRQ to translate research best practices into clinical practice for women. Importantly, the bill includes increases in funding for the Maternal Mental Health Hotline and maternal health safety initiatives through the Alliance for Innovation on Maternal Health program.

    Pandemic Preparedness and Biodefense: The bill includes $3.6 billion for the Administration for Strategic Preparedness and Response (ASPR). It sustains funding for the Biomedical Advanced Research and Development Authority (BARDA); Project Bioshield; the Strategic National Stockpile (SNS); and Industrial Base Management and Supply Chain (IBMSC) activities to help ensure that critical resources in the public health supply chain—including raw materials, medical countermeasures, and ancillary supplies—are manufactured in the United States. It also includes $4 million to support a new program to improve emergency medical services and trauma care during a public health emergency.

    Administration for Community Living: The bill maintains funding for the Administration for Community Living as its own agency within HHS to help support seniors and Americans with disabilities so they can live and participate fully in their communities. This includes providing $1.1 billion for senior nutrition programs and providing targeted increases for family caregiver programs.

    Home Heating and Cooling Assistance: The bill includes $4.045 billion for the Low Income Home Energy Assistance Program (LIHEAP), a $20 million increase over fiscal year 2025, to help low-income households heat and cool their homes.

    Key Points & Highlights – Department of Education

    Department of Education: The bill provides $79.0 billion in discretionary funding for the Department of Education.

    The bill rejects the Trump administration’s call to eliminate the Department of Education and maintains funding across the Department, including funding for K-12 formula and competitive grant programs, CTE and adult education programs, federal student aid, postsecondary competitive grants, and civil rights enforcement to provide the resources needed to help schools improve educational outcomes for students and protect all students from discrimination.

    The bill includes new requirements that the Department of Education maintain the staff necessary to ensure it carries out its statutory responsibilities, including carrying out programs and activities funded in this bill in a timely manner. The bill also includes new requirements for the Department of Education to make formula grants available to states and districts on time. While this should be unnecessary, this step prevents any administration from withholding key funding for students and creating chaos for states and schools, which distracts educators from helping kids thrive.

    Supporting Elementary and Secondary Education Students: The bill strengthens investments in foundational formula grant programs for elementary and secondary education and in public schools, teachers, and students—rejecting the $4.5 billion cut and the proposed consolidations in President Trump’s budget request for a new $2 billion block grant program.

    The bill boosts funding for Title I-A grants by $50 million above the fiscal year 2025 level to $18.457 billion. More than 80% of the nation’s school districts receive these funds, and nearly 25 million students go to schools receiving Title I funding. The bill also provides $15.224 billion, an increase of $50 million over fiscal year 2025, for all three IDEA Special Education State grant programs and retains each as a separate program. IDEA state grant programs support more than seven million students and children with disabilities and their families who receive IDEA services through these programs. The bill also includes new guardrails to prevent the administration from moving these formula grant programs to other federal agencies and disrupting the efficient and effective use of federal funds intended to improve outcomes for students.

    The bill also continues current investments, except for a few targeted reductions, across a range of other important formula and competitive grant programs authorized to improve teaching and learning in elementary and secondary schools, rejecting President Trump’s proposed elimination of $1.5 billion in total funding for nine important programs.

    Career and Technical Education (CTE): The bill provides $1.45 billion for CTE grants and $729 million for adult education grants and appropriates such funding to the Department of Education to carry out these programs, rejecting President Trump’s call to eliminate federal support for adult education. The bill includes new provisions requiring both CTE and adult education formula grants to be awarded in a timely way to prevent any administration from withholding these critical funds.

    Higher Education: The bill provides a total maximum Pell Grant award of $7,395 for the 2026-2027 award year, rejecting President Trump’s proposal to cut the Pell grant by over $1000. This coming school year, Pell Grants are expected to help over 7 million students at all stages of life pursue postsecondary education and further their careers. The bill also rejects President Trump’s proposals to eliminate a range of postsecondary education programs.

    Instead, the bill sustains funding for Federal Work Study and the Federal Supplemental Educational Opportunity Grant that provide additional need-based aid to students to help them afford postsecondary education. The bill also includes $65 million for the Teacher Quality Partnership program and $15 million for the Hawkins Centers of Excellence to help educator preparation programs address educator shortages. It also continues other investments available to recruit, develop, and retain an effective and diverse teacher and school leader workforce, including $90 million for the Supporting Effective Educator Development program.

    The bill sustains funding for TRIO at $1.191 billion; $388 million for GEAR UP; $75 million for the Child Care Access Means Parents in School Program (CCAMPIS); a $10 million for the Basic Needs Program; and $40 million for the Postsecondary Student Success Grant Program to help students prepare for and succeed in post-secondary education. The bill also sustains funding for Title III and V programs that support HBCUs, MSIs, Tribal colleges, and other institutions. President Trump had proposed to eliminate CCAMPIS, TRIO, GEAR UP, International Education, the Basic Needs Program, and the Postsecondary Student Success Grant, among other programs in his budget request.

    The bill also sustains funding for the administration of student aid programs. This funding supports a wide range of activities, including: implementing the FAFSA; disbursing student aid; ensuring services are available to student loan borrowers; implementing more affordable repayment plans; and fixing longstanding issues in student loan forgiveness programs. Finally, the bill includes important requirements to help Congress conduct oversight over the new higher education provisions contained in the One Big Beautiful Bill Act.

    Protecting Students from Discrimination: The bill rejects President Trump’s proposed cut of $49 million, or one-third of the total budget, for the Office for Civil Rights. Instead, the bill maintains the current budget level of $140 million and requires the Department to support the staffing levels necessary for OCR to fulfill its statutory responsibilities.

    Advancing Education Research, Statistics, and Assessments: The bill maintains current funding of $793 million for the Institute of Education Sciences for all programs and activities of IES funded in fiscal year 2024, rejecting the massive reduction of $532 million or 67% proposed in President Trump’s budget request. The Trump administration’s significant workforce reductions and program delays at IES this year have caused it to fail to meet statutory requirements. The bill requires the Department to support staffing levels necessary for IES and the National Center for Education Statistics to fulfill their statutory responsibilities.

    Key Points & Highlights – Department of Labor

    Department of Labor (DOL): The bill includes $13.7 billion in discretionary funding for the Department of Labor. The bill rejects the harmful cuts proposed by the Trump administration, including the administration’s proposal to block grant our nation’s workforce training programs.

    Workforce Development: The bill includes $2.9 billion for Workforce Innovation and Opportunity Act (WIOA) formula grants, protecting essential investments made in recent years. It includes a new directive requiring DOL to award such funds in a timely manner. It provides $285 million for Registered Apprenticeships and $105 million for YouthBuild. The bill also rejects President Trump’s call to eliminate Job Corps and instead provides $1.76 billion for Job Corps. Rejecting President Trump’s proposed cuts for many of these programs and continuing funding for these key workforce development programs will help grow the economy, provide workers with the skills they need to secure good-paying jobs of the future, and help American businesses compete globally.

    Worker Protection: The bill rejects drastic reductions proposed in President Trump’s request and sustains key investments in DOL’s worker protection agencies charged with enforcing requirements for employers to pay workers what they earn and provide safe and healthy workplaces. The bill maintains $191 million in funding for the Employee Benefits Security Administration, which is responsible for, among other things, ensuring private sector employment-based group health plans comply with mental health and substance use disorder parity requirements. The bill also maintains $260 million for Wage and Hour Division to support the Division’s work to recover wages workers are owed and to combat exploitative child labor. Last year, the Division secured more than $273 million in back wages collected and damages for nearly 152,000 workers nationwide.

    The bill also provides $111 million, $41 million more than President Trump’s budget request, for the Bureau of International Labor Affairs to enforce labor provisions of free trade agreements and trade preference programs and combat international child labor and forced labor. Finally, the bill rejects the proposed elimination of the Office of Federal Contract Compliance Programs and Women’s Bureau, providing $106 million and $23 million, respectively.

    Key Points & Highlights – Related Agencies

    Social Security Administration (SSA): The bill includes $15.0 billion for SSA’s administrative expenses—an increase of $594 million over fiscal year 2025. This is $100 million more than President Trump’s budget request to help address staffing challenges and improve service to the public. The Trump administration has single-handedly created completely unnecessary chaos at SSA that has weakened Americans’ ability to get the benefits they are owed—and it has continually misled the public with easily disproven claims about widespread fraud. Instead of admitting to its lie, SSA has doubled down and pursued poorly planned and implemented policy changes. The American public and the beneficiaries SSA serves have paid the price, with unacceptable wait times to access the benefits and services Americans deserve, and that they have literally earned through a lifetime of work. Instead of chasing conspiracy theories, the administration should focus on actually improving services and addressing service delivery challenges impacting Americans across the country. The resources in this bill will help SSA do just that.

    AmeriCorps: The bill rejects President Trump’s elimination of AmeriCorps and sustains funding for all of AmeriCorps’ grant programs by providing a total of $1.25 billion to the Corporation for National and Community Service (CNCS) to administer these programs. This bill also includes new provisions requiring any administration to award AmeriCorps state formula funding in a timely way and includes new requirements to ensure CNCS will award competitive grants in a timely fashion, too. The bill will support AmeriCorps members serving in communities across the country and working to address pressing challenges, including responding to natural disasters, assisting in schools, supporting our veterans, promoting economic opportunity, and conserving and protecting the environment.

    Corporation for Public Broadcasting (CPB): As a result of Congressional Republicans’ approval of the Rescissions Act of 2025—the first ever partisan rescissions bill signed into law—no funds are provided in the bill for the Corporation for Public Broadcasting and the more than 1,500 locally owned public TV and radio stations nationwide that have, for over 50 years, been supported by CPB funds and infrastructure investments. Republicans’ devastating rescissions bill will particularly hurt 120 stations that rely on CPB for more than 25% of their revenue, who are now scrambling to find new sources of support or significantly reduce programming or close in the coming months.

    Institute of Museum and Library Services (IMLS): The bill continues to invest $295 million in the nation’s libraries and museums through programs of the Institute of Museum and Library Services and requires IMLS to fund specified programs and activities at amounts identified in the Committee report.

    MIL OSI USA News

  • MIL-OSI: CLEAR Joins White House and CMS Effort to Power an Interoperable, Secure Digital Health Ecosystem

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) — CLEAR (NYSE: YOU), the secure identity platform, is participating in the Centers for Medicare & Medicaid Services (CMS) Health Tech Ecosystem initiative, a nationwide effort to deliver a more connected, patient-centered healthcare system.

    CLEAR was proud to stand alongside government, healthcare, and technology leaders at the White House this week to support the launch of this national collaboration, and to reinforce its role as the trusted, full service Identity Assurance Level 2 (IAL2)/Authenticator Assurance Level 2 (AAL2) identity layer underpinning partner ecosystems across healthcare.

    “CLEAR applauds the Administration’s commitment to accelerating the digital transformation of healthcare and is proud to be a trusted partner in this nationwide effort,” said Caryn Seidman Becker, CEO of CLEAR. “By serving as an IAL2 identity layer in healthcare ecosystems, CLEAR is helping to kill the clipboard, eliminate friction, and give patients control of their medical information in a secure, seamless way. We believe identity is the key to unlocking personalized, efficient, and patient-centered care.”

    At the heart of this CMS-led effort is a push to make health data more accessible, interoperable, and actionable, empowering patients, reducing provider burden, and improving outcomes. CLEAR’s reusable identity platform for healthcare organizations and businesses, CLEAR1, is already enabling this transformation across leading platforms and health systems, including Epic, Surescripts, Wellstar, Community Health Network, University of Miami Health and b.well.

    These partners are leveraging CLEAR1 for use cases such as streamlining patient onboarding and check-in, enhancing workforce security, simplifying access to medical records, and strengthening data protection. Together, these efforts demonstrate how secure, interoperable identity can reduce friction, lower costs, and enable a more connected healthcare experience.

    CLEAR1 is a NIST IAL2/AAL2-compliant identity solution that gives patients and providers a reusable, privacy-centric credential to unlock services across the care journey, whether creating a MyChart account, verifying coverage, or accessing claims data.

    Over 60 companies have signed on to the CMS Health Tech Ecosystem pledge, committing to advance tools that:

    • Help patients manage chronic conditions like diabetes and obesity
    • Use AI assistants to navigate symptoms and schedule care
    • “Kill the clipboard” by digitizing check-in and intake
    • Securely share data across trusted networks using modern identity credentials

    “We are excited that identity services – like CLEAR – are making it possible for patients and providers to use verified, secure identity as part of CMS’s Health Tech Ecosystem,” said Amy Gleason, Acting Administrator for the U.S. DOGE Service and Strategic Advisor to the Department of Health and Human Services and the Centers for Medicare and Medicaid. “Checking in at the doctor’s office should be the same as boarding a flight. Patients should be able to scan a QR code to instantly and safely share their identity, insurance and medical history”.

    “Our work with CLEAR has meaningfully improved the speed and reliability of provider identity verification across our network,” said Frank Harvey, CEO of Surescripts. “It’s a powerful example of how focused collaboration can drive real progress. This pledge builds on that momentum—demonstrating how innovators across healthcare are advancing interoperability to reduce administrative burden and refocus clinicians’ time where it matters most: patient care.”

    “Identity is foundational to creating the connected, consumer-first healthcare experience that people expect, and it’s what b.well was built to deliver,” said Kristen Valdes, CEO and Founder of b.well. “Our partnership with CLEAR brings a trusted, IAL2-compliant identity layer into that experience, giving patients and caregivers a seamless, unified way to access and share their health information across providers and platforms.”

    As part of our pledge to become a CMS Aligned Network, our relationship and planned integration with CLEAR will give us a unique opportunity to bring IAL2 identity verification to providers who are newer to the interoperability space,” said Therasa Bell, President and Founder of Kno2. “That includes nurses, physical therapists, behavioral health providers, dentists, and paramedics, and it will enable them to securely communicate and share patient records across the broader healthcare ecosystem.”

    “Modern identity is the key to enabling safe, secure, and trusted data exchange across healthcare,” said Aneesh Chopra, former Chief Technology Officer of the United States. “CLEAR’s work to deliver IAL2-compliant digital identity helps unlock the promise of interoperability—giving patients and providers the confidence to share information seamlessly and securely.”

    CLEAR1 is already powering many of these functions across CLEAR’s health, financial services, and workforce partners—and stands ready to support the rollout of CMS-Aligned Networks in 2026 and beyond.

    About CLEAR
    CLEAR’s mission is to strengthen security and create frictionless experiences. With over 31 million Members and a growing network of partners across the world, CLEAR’s secure identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell Member data. For more information, visit clearme.com.

    Forward-Looking Statements
    This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This includes, without limitation, statements relating to CLEAR’s participation in the CMS Health Tech Ecosystem initiative. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including risks associated with the initiative and CLEAR’s participation therein, and those described in the Company’s filings within the Securities and Exchange Commission, including the sections titled “Risk Factors” in our Annual Report on Form 10- K. The Company disclaims any obligation to update any forward-looking statements contained herein.

    CLEAR
    media@clearme.com

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

    The MIL Network

  • MIL-OSI: Geotab Unveils Advanced Cold Chain Solution with New Hardware and Enhanced Software

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Aug. 01, 2025 (GLOBE NEWSWIRE) — In Southeast Asia, where up to 90% of food loss occurs during transportation due to poor cold chain infrastructure, tackling waste within the temperature-controlled supply chain is critical. Geotab Inc. (“Geotab”), a global leader in connected vehicle and asset solutions, today announced a significant upgrade to its cold chain solution, featuring new hardware and enhanced software capabilities designed to provide businesses with more visibility, control, and compliance assurance for their temperature-sensitive shipments.

    Geotab’s enhanced cold chain solution addresses the evolving market need – driven by stricter regulations and higher customer expectations – for more comprehensive, simple, and granular temperature monitoring. The relaunch introduces the advanced IOX-COLD (in-cabin) and IOX-COLD RUGGED (IP67-rated for external mounting) hardware devices. These devices offer deeper, direct integration with refrigeration units from major OEMs, simplifying installation, improving data accuracy, and reducing potential points of failure compared to solutions requiring multiple sensors.

    Complementing the new hardware are several changes within the MyGeotab platform to further streamline processes:

    • Near Real-Time Monitoring: Gain an up-to-the-minute view of cargo conditions for proactive decision-making.
    • Multi-Zone Temperature Support: Ensure the integrity of multi-temperature loads with monitoring for each zone directly from the refrigeration unit – often eliminating the need for extra sensors.
    • Advanced Alerts & Remote Commands: Set custom temperature alerts and utilise remote command capabilities (for supported units) to take immediate corrective action.
    • Dynamic Historical Data: Analyse past shipment performance through interactive graphs, grids, and maps to identify trends and optimise logistics.
    • Improved Installation Process: An updated MyInstall tool streamlines the configuration and verification process.

    “The impact of inadequate cold chain management is felt across industries, especially in regions where long distances, fragmented infrastructure and climate extremes challenge food and pharmaceutical logistics,” said David Brown, AVP APAC at Geotab. “Our cold chain solution is designed to give businesses in Asia Pacific the visibility and assurance they need to protect temperature-sensitive goods, streamline compliance, and operate more sustainably. It’s about making smarter, data-driven decisions that improve outcomes every step of the way.”

    The integrated hardware and software solution supports businesses across various sectors, including food and beverage, to mitigate the risks of spoilage, help meet regulatory compliance, protect brand reputation, and gain peace of mind.

    To know more about this, please visit https://www.geotab.com/apac/cold-chain-management/

    About Geotab

    Geotab is a global leader in connected vehicle and asset solutions, helping fleets boost their efficiency and management. We use advanced data analytics and AI to transform fleet performance, safety, and sustainability, reducing costs and driving efficiency. Supported by top data scientists and engineers, we serve over 55,000 customers worldwide, processing 80 billion data points daily from more than 4.7 million vehicle subscriptions. Geotab is trusted by Fortune 500 companies, mid-sized fleets, and the biggest public sector fleets globally, including the US Federal Government. Committed to data security and privacy, we hold FIPS 140-3 and FedRAMP authorisations. Our open platform, network of excellent partners, and Marketplace deliver hundreds of ready-to-go third-party solutions for fleets. This year, we are celebrating 25 years of innovation. Find out more at https://www.geotab.com/apac, and follow us on LinkedIn.

    Media Contact

    Joseph Chung

    josephchung@geotab.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a2428dd4-f3c6-4465-89cc-cb600b854ec2

    The MIL Network

  • MIL-OSI China: State Council executive meeting calls for good economic work in H2

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

    BEIJING, July 31 — A State Council executive meeting on Thursday called for consolidating and boosting the momentum of economic recovery in the second half of the year.

    The meeting, presided over by Chinese Premier Li Qiang, studied and implemented the guiding principles of an important speech by Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on the current economic situation and arrangements for economic work in the second half of 2025.

    The meeting emphasized the need to develop a good understanding of the CPC Central Committee’s scientific judgment of the economic situation, and to further enhance the sense of mission and responsibility in doing good economic work in the second half.

    Targeting annual development goals and tasks, more efforts should be made to boost the effectiveness of macro policies, stimulate the endogenous power of economic development, and better coordinate development and security, the meeting said.

    It also reviewed and approved a document on boosting the large-scale commercial application of artificial intelligence, arranged the implementation of interest subsidy policies for personal consumption loans and lending for service sector business entities, and discussed and approved in principle a draft law on the protection and quality improvement of arable land.

    MIL OSI China News

  • MIL-OSI Submissions: Global Bodies – World Conference of Speakers of Parliament calls for renewed global unity amid rising crises – IPU

    Source: Inter-Parliamentary Union (IPU)

    Thursday 31 July 2025, Geneva, Switzerland – Parliamentary leaders from some 120 countries gathered at the United Nations Office at Geneva for the Sixth World Conference of Speakers of Parliament, a summit convened every five years by the Inter-Parliamentary Union (IPU) in partnership with the United Nations (UN).

    The Conference, regarded as the world’s top parliamentary forum, was held from 29 to 31 July 2025. It gathered hundreds of participants, including 102 Speakers of Parliament, 34 Deputy Speakers, MPs, diplomats, UN officials, experts, and representatives from civil society, academia and the media.

    The Conference took place amid rising global tensions and regional conflicts. After three days of debate and negotiations, the Speakers adopted a Declaration outlining the key transitions that are needed to advance peace, justice and prosperity, underpinned by a renewed commitment to deepen parliamentary engagement with the United Nations through a call for stronger and more effective multilateralism.

    The Declaration highlights the need for greater collaboration and enhanced political will to tackle issues including climate change, armed conflict, economic instability and digital transformation. Parliamentary leaders underscored the view that global challenges require coordinated responses and solidarity among nations.

    The Speakers also stressed the need to restore public trust in democracy and in its key institutions. The Declaration urges governments to fully integrate the UN Sustainable Development Goals into national policy, to tackle the rise in misinformation, and to ensure that legislation is grounded in science and evidence.

    Security, the parliamentarians declared, should not be viewed solely through a military lens. Instead, they called for a broader approach that addresses the root causes of insecurity, from poverty and inequality to environmental decline.

    Gender equality was a central theme, shaped in part by the 15th Summit of Women Speakers of Parliament, which preceded the Conference. The Summit, co-hosted by the IPU and the Swiss Parliament, reinforced calls to put women’s empowerment and gender parity at the heart of efforts to build peace and foster innovation.

    Discussions in Geneva covered the need for economic reform, with parliamentary leaders supporting a shift towards sustainable, people-centred models. The Declaration advocates for investment in the green and care sectors and calls for greater protection of vulnerable populations.

    As part of its forward-looking agenda, the Conference also called for stronger regulation of artificial intelligence and digital technologies, ensuring they are governed responsibly and used peacefully, with respect for fundamental rights and for the benefit of all of society.

    Quotes:

    Michael Douglas, actor, activist and UN Messenger of Peace, opening the Conference, said: “When your faith is in short supply… look to [the] dreamers. To progress, and those who make it possible. Most of all: look to one another. To leaders willing to choose compromise over ego. To parliaments that act as lighthouses, amidst a tempest of authoritarianism. To legislative bodies, struggling towards inclusive democracy – but refusing to give up. And to the parliamentarians not just in here, but out there, linking arms with the people in the fight against cruelty, against corruption, against kings.”

    Tulia Ackson, IPU President, said: “We are all products of our communities and of our interaction with others, starting with our parents, day after day, for our entire lives. In Africa we express this idea in one word: Ubuntu. Which roughly means: I am, because you are. Likewise, there is no such thing as a nation that can live and prosper in isolation from the rest of the world. There can be no national interest defined in total juxtaposition to what is good for the world as a whole. Now more than ever, as the world has grown smaller and more interdependent, countries need to work together to find solutions to their common problems.”

    Maja Riniker, President of the National Council of Switzerland, said: “We must put gender equality at the very centre of peace and security, now. Conflicts disproportionately affecting women and girls, gender-based violence used as a weapon of war have to stop. Women must be in peace negotiations and peace processes equally with men. We must ensure they are not only present but empowered, supported and resourced to take decisions at every stage of diplomacy, conflict prevention, negotiations, and post-conflict recovery. We must also ensure that international humanitarian law is upheld and that the consequences of conflict are addressed in a gender-responsive manner.”

    Tatiana Valovaya, Director General of the UN Office at Geneva, said: “The United Nations deeply values its cooperation with parliaments, which are the beating heart of democracy. Parliamentary leadership is indispensable to the multilateral system: you craft laws, shape budgets, and hold governments to account. We are very pleased that the new era for the Assembly Hall starts with this World Conference.”

    Martin Chungong, IPU Secretary General, concluding, said: “Looking at the number of Speakers and other high-level parliamentarians who have gathered here in Geneva and spoken so passionately over the past two days about their priorities to build a better world, I am filled with a renewed hope. A renewed belief that there is a future for the multilateral system that the UN has been building for 80 years… and the IPU for 136 years. A belief that we are stronger together, that dialogue and diplomacy are better tools for solving problems than bullets and bombs, and that parliaments can play a key role in reinvigorating global cooperation.”

    The IPU is the global organization of national parliaments. It was founded in 1889 as the first multilateral political organization in the world, encouraging cooperation and dialogue between all nations. Today, the IPU comprises 181 national Member Parliaments and 15 regional parliamentary bodies. It promotes peace, democracy and sustainable development. It helps parliaments become stronger, younger, greener, more innovative and gender-balanced. It also def

    MIL OSI – Submitted News

  • MIL-OSI Submissions: Africa – BADEA Approves USD120 million to support Shelter Afrique Development Bank Capitalization Program

    Source: Media Fast

    Nairobi, Kenya – [31 July 2025] – Shelter Afrique Development Bank (ShafDB) has announced the signing of a strategic agreement with the Arab Bank for Economic Development in Africa (BADEA) to support its transformative capital increase initiative.

    Effectively, BADEA has approved a landmark USD 120 million to support the capitalization program of Shelter Afrique Development Bank, the leading Pan-African institution focused on affordable housing and urban development. The concessional financing facility will help eligible member states settle and increase their capital subscriptions to ShafDB.

    This initiative, developed in partnership with the Arab Bank for Economic Development in Africa (BADEA), introduces an innovative financing mechanism through which eligible member states can access on-lending at competitive terms. The BADEA-supported facility, totaling USD 120 million, will be used to settle and boost member states’ capital subscriptions to Shelter Afrique Development Bank (ShafDB).

    “This agreement with BADEA marks a critical step in strengthening our capital base and advancing our mission of financing affordable housing and sustainable urban infrastructure across Africa,” said Thierno Habib-Hann, Managing Director of Shelter Afrique Development Bank. “We are grateful to BADEA for its strong partnership and unwavering support in this pivotal phase of our institutional evolution.”

    The new capital increase program includes an initial equal allocation to all member states, followed by a phased reallocation, first on a pro-rata basis, and then on a first-come, first-served basis. This approach aims to encourage active participation by member states and to strengthen ShafDB’s capital adequacy in a balanced and transparent manner.

    Commenting on the program, the president of BADEA H.E. Abdullah KH ALMUSAIBEEH, “We see this capital program as a strategic milestone in Shelter Afrique Development Bank’s evolution. BADEA is proud to back this initiative and we remain committed to our shared mission of enabling access to decent housing and inclusive urban development across Africa.”

    The need to enhance equity capital has become critical following the institution’s transformation into a Development Bank, a milestone formally approved by Shelter Afrique’s shareholders during the Extraordinary General Meeting (EGM) held in Algiers, Algeria, in October 2023.

    Building on this transformation, a significant achievement was realized during the Annual General Meeting in June 2024 in Kigali, Rwanda, where shareholders demonstrated strong leadership by endorsing a transformative capital increase program, and the board approved in December 2024 a capital increase of over a USD 200 million.

    “Expanding capital base will enable the Bank to scale up financing along the housing value chain, access more competitive funding from international and African capital markets, and reinforce its role in addressing the housing deficit and driving inclusive urban development across its 44 member states,” Mr. Hann said.

    Increased leverage

    The capital increase program has been designed to significantly strengthen ShafDB’s balance sheet over the medium-term, expand its shareholder capital base, and to significantly mobilize debts.  The capital raised will also support the Bank’s plans to attain investment-grade credit ratings, attract new institutional investors, and expand its lending and technical assistance programs in member countries.

    About Shelter Afrique Development Bank:

    Established in 1981 in Lusaka, Zambia, Shelter Afrique Development Bank (ShafDB) is a Pan-African Multilateral Development Bank (MDB) dedicated to promoting and financing sustainable green housing, urban development and related infrastructure. It operates through a shareholding of 44 African governments and two institutional shareholders: African Development Bank (AfDB) and African Reinsurance Corporation (Africa-Re).  https://shelterafrique.org/en/about/membership  

    The institution is involved in financing housing and related infrastructure across the value chain, both on the demand and supply sides, through its four (4) business lines: Financial Institutions Group (FIG), the Project Finance Group (PFG), the Sovereign and Public-Private partnerships (PPP) Group, and the Fund Management Group (FMG).

    https://www.shelterafrique.org/en/home

    About the Arab Bank for Economic Development in Africa (BADEA):

    The Arab Bank for Economic Development in Africa (BADEA) is a multilateral financial institution established in 1974 by the Arab League. BADEA aims to strengthen economic, financial, and technical cooperation between Arab and African regions by financing development projects and supporting capacity building. https://www.badea.org/

    MIL OSI – Submitted News

  • MIL-OSI: The Ether Machine Marks Ethereum’s 10th Birthday with Major ETH Treasury Purchase

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 31, 2025 (GLOBE NEWSWIRE) — The Ether Machine, the ether generation company, announced yesterday that The Ether Reserve LLC has purchased nearly 15,000 ETH at $3,809.97 USD for a total of $56,900,000.01 USD as part of The Ether Machine’s long-term accumulation strategy. This brings total ETH purchased and committed to 334,757 with up to $407,000,000 of USD remaining for additional ETH purchases.

    Timed to coincide with Ethereum’s 10-year anniversary, the purchase marks the beginning of The Ether Machine’s treasury deployment, and reflects a deep conviction in ETH as the most important asset of the decentralized internet and its mission to build a long-term, institutional-grade ETH treasury.

    “We couldn’t imagine a better way to commemorate Ethereum’s 10th birthday than by deepening our commitment to ether,” said Andrew Keys, Chairman and Co-Founder of The Ether Machine. “We are just getting started. Our mandate is to accumulate, compound, and support ETH for the long term – not just as a financial asset, but as the backbone of a new internet economy.”

    The purchase was made by The Ether Reserve LLC from part of the $97 million in cash proceeds from its previously announced private placement. The Ether Reserve LLC will purchase additional ether from the remaining proceeds in the coming days, which will be announced separately.

    In parallel with the accumulation announcement, Keys also made a personal donation of $100,000 to the Protocol Guild, a community-led funding initiative supporting Ethereum’s core protocol contributors. The Protocol Guild is widely recognized as one of the most effective models for open-source sustainability in Web3, having distributed millions of dollars to over 150 long-term researchers, developers, and maintainers responsible for Ethereum’s base layer.

    “Ethereum would not exist without the tireless work of its core developers,” said Keys. “This donation is a token of thanks to the stewards of the protocol, and a celebration of everything Ethereum has made possible over the past decade. Happy 10th birthday, Ethereum.”

    ——————

    About The Ether Machine

    Formed through a business combination (to be completed) between The Ether Reserve LLC and Dynamix Corporation, a NASDAQ-listed special purpose acquisition company (the “Business Combination”), pursuant to a definitive business combination agreement (the “Business Combination Agreement”), The Ether Machine is an Ethereum yield and infrastructure company purpose-built for institutional management and scale. Expected to be anchored by one of the largest on-chain ETH positions of any public entity, The Ether Machine will actively generate and optimize ETH-denominated returns through staking, restaking, and secure, professionally risk-managed DeFi participation. The Ether Machine also expects to provide turnkey infrastructure solutions for enterprises, DAOs, and Ethereum-native builders seeking access to Ethereum’s consensus and blockspace economy. To learn more, please visit www.ethermachine.com.

    About Protocol Guild

    Protocol Guild is a community-led funding mechanism that supports the long-term contributors maintaining Ethereum’s core protocol. Through an eligibility framework, member registry, and onchain contracts, the Guild allocates funding transparently and over time to those advancing Ethereum’s layer 1. It operates independently of governance decisions and helps ensure the protocol’s most critical work is sustainably supported as a public good. To learn, please visit www.protocolguild.org.

    About Dynamix Corporation

    Dynamix Corporation (“DYNX”) is a special purpose acquisition company incorporated under the laws of Cayman Islands for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. DYNX is led by the following seasoned investors and industry executives: Andrea “Andrejka” Bernatova, Chief Executive Officer and Chairman, Nader Daylami, Chief Financial Officer, Philip Rajan, Vice President of M&A and Strategy and board members, Lynn A. Peterson, Diaco Aviki and Tyler Crabtree. Additionally, Ralph Alexander, Joe Gatto, Peter Gross, Jimmy Henderson, Tommy Stone, and Steve Webster served as Advisors to DYNX. DYNX maintains a corporate website at https://dynamix-corp.com.

    Media Contact:
    press@ethermachine.com

    Additional Information and Where to Find It

    DYNX and The Ether Machine, Inc. (“Pubco”) intend to file with the Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4 (the “Registration Statement”), which will include a preliminary proxy statement of DYNX and a prospectus of Pubco (the “Proxy Statement/Prospectus”) in connection with the Business Combination and the other transactions contemplated by the Business Combination Agreement and/or described in this communication (together with the Business Combination and the private placement investments, the “Proposed Transactions”). The definitive proxy statement and other relevant documents will be mailed to shareholders of DYNX as of a record date to be established for voting on the Business Combination and other matters as described in the Proxy Statement/Prospectus. DYNX and/or Pubco will also file other documents regarding the Proposed Transactions with the SEC. This communication does not contain all of the information that should be considered concerning the Proposed Transactions and is not intended to form the basis of any investment decision or any other decision in respect of the Proposed Transactions. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, SHAREHOLDERS OF DYNX AND OTHER INTERESTED PARTIES ARE URGED TO READ, WHEN AVAILABLE, THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, AND AMENDMENTS THERETO, AND THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC IN CONNECTION WITH DYNX’S SOLICITATION OF PROXIES FOR THE EXTRAORDINARY GENERAL MEETING OF ITS SHAREHOLDERS TO BE HELD TO APPROVE THE PROPOSED TRANSACTIONS AND OTHER MATTERS AS DESCRIBED IN THE PROXY STATEMENT/PROSPECTUS BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT DYNX, THE COMPANY, PUBCO AND THE PROPOSED TRANSACTIONS. Investors and security holders will also be able to obtain copies of the Registration Statement and the Proxy Statement/Prospectus and all other documents filed or that will be filed with the SEC by DYNX and Pubco, without charge, once available, on the SEC’s website at www.sec.gov or by directing a request to: Dynamix Corp, 1980 Post Oak Blvd., Suite 100, PMB 6373, Houston, TX 77056; e-mail: info@regen.io, or to: The Ether Machine, Inc., 2093 Philadelphia Pike #2640, Claymont, DE 19703, e-mail: dm@etherreserve.com.

    NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE PROPOSED TRANSACTIONS DESCRIBED HEREIN, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR ANY RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS COMMUNICATION. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.

    The Pubco Class A Stock to be issued by Pubco and the class A units issued and to be issued by The Ether Reserve LLC (the “Company”), in each case, in connection with the Proposed Transactions, have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.

    Participants in the Solicitation

    DYNX, Pubco, the Company and their respective directors and executive officers may be deemed under SEC rules to be participants in the solicitation of proxies from DYNX’s shareholders in connection with the Business Combination. A list of the names of such directors and executive officers, and information regarding their interests in the Business Combination and their ownership of DYNX’s securities are, or will be, contained in DYNX’s filings with the SEC. Additional information regarding the interests of the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of DYNX’s shareholders in connection with the Business Combination, including the names and interests of the Company and Pubco’s directors and executive officers, will be set forth in the Proxy Statement/Prospectus, which is expected to be filed by DYNX and Pubco with the SEC. Investors and security holders may obtain free copies of these documents as described above.

    No Offer or Solicitation

    This communication is for informational purposes only and is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Proposed Transactions and shall not constitute an offer to sell or exchange, or a solicitation of an offer to buy or exchange the securities of DYNX, the Company or Pubco, or any commodity or instrument or related derivative, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, sale or exchange would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom. Investors should consult with their counsel as to the applicable requirements for a purchaser to avail itself of any exemption under the Securities Act.

    Forward-Looking Statements

    This communication contains certain forward-looking statements within the meaning of the U.S. federal securities laws with respect to the Proposed Transactions and the parties thereto, including expectations, hopes, beliefs, intentions, plans, prospects, results or strategies regarding Pubco, the Company, DYNX and the Proposed Transactions and statements regarding the anticipated benefits and timing of completion of the Proposed Transactions, business plans and investment strategies of Pubco, the Company and DYNX, expected use of the cash proceeds of the Proposed Transactions, the Company’s ability to stake and leverage capital markets and other staking operations and participation in restaking, the amount of capital expected to be received in the Proposed Transactions, the assets held by Pubco, Ether’s position as the most productive digital asset, plans to increase yield to investors, any expected growth or opportunities associated with Ether, Pubco’s listing on an applicable securities exchange and the timing of such listing, expectations of Ether to perform as a superior treasury asset, the upside potential and opportunity for investors resulting from any Proposed Transactions, any proposed transaction structures and offering terms and the Company’s and Pubco’s plans for Ether adoption, value creation, investor benefits and strategic advantages. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “potential,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions.

    These are subject to various risks and uncertainties, including regulatory review, Ethereum protocol developments, market dynamics, the risk that the Proposed Transactions may not be completed in a timely manner or at all, failure for any condition to closing of the Business Combination to be met, the risk that the Business Combination may not be completed by DYNX’s business combination deadline, the failure by the parties to satisfy the conditions to the consummation of the Business Combination, including the approval of DYNX’s shareholders, or the private placement investments, costs related to the Proposed Transactions and as a result of becoming a public company, failure to realize the anticipated benefits of the Proposed Transactions, the level of redemptions of DYNX’s public shareholders which may reduce the public float of, reduce the liquidity of the trading market of, and/or maintain the quotation, listing, or trading of the Class A shares of DYNX or the shares of Pubco Class A Stock, the lack of a third-party fairness opinion in determining whether or not to pursue the Business Combination, the failure of Pubco to obtain or maintain the listing of its securities any stock exchange on which Pubco Class A Stock will be listed after closing of the Business Combination, changes in business, market, financial, political and regulatory conditions, risks relating to Pubco’s anticipated operations and business, including the highly volatile nature of the price of Ether, the risk that Pubco’s stock price will be highly correlated to the price of Ether and the price of Ether may decrease between the signing of the definitive documents for the Proposed Transactions and the closing of the Proposed Transactions or at any time after the closing of the Proposed Transactions, risks related to increased competition in the industries in which Pubco will operate, risks relating to significant legal, commercial, regulatory and technical uncertainty regarding Ether, risks relating to the treatment of crypto assets for U.S. and foreign tax purposes, challenges in implementing its business plan including Ether-related financial and advisory services, due to operational challenges, significant competition and regulation, being considered to be a “shell company” by any stock exchange on which the Pubco Class A Stock will be listed or by the SEC, which may impact the ability to list Pubco’s Class A Stock and restrict reliance on certain rules or forms in connection with the offering, sale or resale of securities, the outcome of any potential legal proceedings that may be instituted against the Company, DYNX, Pubco or others following announcement of the Business Combination and those risk factors discussed in documents of the Company, Pubco, or DYNX filed, or to be filed, with the SEC. The foregoing list of risk factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the final prospectus of DYNX dated as of November 20, 2024 and filed by DYNX with the SEC on November 21, 2024, DYNX’s Quarterly Reports on Form 10-Q, DYNX’s Annual Report on Form 10-K filed with the SEC on March 20, 2025 and the registration statement on Form S-4 and proxy statement/prospectus that will be filed by Pubco and DYNX, and other documents filed by DYNX and Pubco from time to time with the SEC, as well as the list of risk factors included herein. These filings do or will identify and address other important risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Additional risks and uncertainties not currently known or that are currently deemed immaterial may also cause actual results to differ materially from those expressed or implied by such forward-looking statements. Readers are cautioned not to put undue reliance on forward- looking statements, and none of the parties or any of their representatives assumes any obligation and do not intend to update or revise these forward-looking statements, each of which are made only as of the date of this communication.

    The MIL Network

  • MIL-OSI Australia: Our Poppies the pick of the bunch

    Source:

    01 August 2025

    UniSA’s Dr Sarah Boyle and Dr Ben Singh, recipients of SA’s 2025 Young Tall Poppy Awards

    Six researchers from the University of Adelaide and University of South Australia have been named as this year’s South Australian Young Tall Poppies, with their expertise in chrono-nutrition, climate science, marine ecology and precision measurement garnering this prestigious recognition.

    The Young Tall Poppy science awards are an initiative of the Australian Institute of Policy and Science (AIPS) and have been established to celebrate researchers who combine cutting-edge science with a passion for engaging and inspiring others.

    “I am thrilled to see such a strong showing from both the University of Adelaide and University of South Australia,” said Professor Anton Middelberg, Deputy Vice-Chancellor (Research) at the University of Adelaide and Deputy Vice Chancellor Research & Innovation at Adelaide University.

    “These are six bright young minds who are leading their fields and improving so many aspects of our society through their work. It is exciting to have their combined talent included in the inaugural cohort for Adelaide University, which opens in 2026.”

    The University of Adelaide and University of South Australia researchers honoured in the South Australian 2025 Young Tall Poppy Science Awards comprise:

    Dr Sarah Boyle is an ARC DECRA Research Fellow at UniSA’s Centre for Cancer Biology, leading the Cancer Matrix and Mechanics Group within the Tumour Microenvironment Laboratory. Her research investigates how cancer cells hijack non-cancerous cells in their vicinity, and how physical stress in the tumour’s ecosystem promotes metastasis and recurrence. By identifying the mechanisms involved, she is paving the way for new treatments and improved patient outcomes.

    Dr Georgina Falster is a DECRA Fellow from the University of Adelaide’s School of Physics, Chemistry and Earth Sciences, whose research focuses on climate science. She is interested in local and global water cycles from monthly to multi-centennial time scales, and is looking into how Australian droughts are changing and using water isotopes to track dynamic variability in the water cycle.

    Dr Amy Hutchison is a postdoctoral researcher at the University of Adelaide’s Robinson Research Institute and Adelaide Medical School, and based within SAHMRI’s Lifelong Health Theme. Her research explores how modified meal patterns, such as intermittent fasting and time-restricted feeding, can improve blood glucose control and cardiovascular risk – a field known as chrono-nutrition.

    Dr Sarah Scholten, from the University of Adelaide’s School of Physics, Chemistry and Earth Sciences, researches how the unique properties of light can be harnessed to break the boundaries of precision measurement. Dr Scholten is part of a team that has developed a compact high-stability clock that outperforms GPS navigation systems and could be more reliable for use as a timing signal in defence applications.

    Dr Ben Singh, from UniSA’s Allied Health and Human Performance Academic Unit, researches physical inactivity and why so many people remain physically inactive despite knowing the benefit of exercise. His research is focused on developing practical, evidence-based tools to help people move more in their daily lives. From tailored exercise programs to mobile apps and wearable devices, he explores how to keep people active and support them to live healthier lives.

    Dr Nina Wootton, a marine ecologist from the University of Adelaide’s School of Biological Sciences, has an interest in the impacts of plastic pollution on marine environments. Dr Wootton’s research has involved quantifying the amount of plastic and microplastic found in seafood species globally, analysing the potential effects of plastic on seafood species and fisheries, and working with the seafood industry to help develop solutions to this growing plastic problem.

    South Australia’s overarching Young Tall Poppy of the Year will be announced on Friday, 8 August. For more information on the Tall Poppy Awards, visit the website.

    Media contacts

    Johnny von Einem, Senior Media Officer, University of Adelaide. Phone: +61 0481 688 436, Email: johnny.voneinem@adelaide.edu.au
    Annabel Mansfield, Senior Media Advisor, University of Adelaide. Phone: +61 479 182 489. Email: Annabel.Mansfield@unisa.edu.au

    Other articles you may be interested in

    MIL OSI News

  • MIL-OSI New Zealand: Export – ABB named ExportNZ ASB Exporter of the Year 2025 at ExportNZ ASB Hawke’s Bay Export Awards – Business Central

    Source: Business Central

    ABB has been named as Exporter of the Year at the 2025 ExportNZ ASB Hawke’s Bay Export Awards
    The supreme winner was crowned in Hawke’s Bay at the Toitoi Hawke’s Bay Arts and Event Centre at a sold-out gala dinner.
    MC Matt Chisholm opened the event – followed by a virtual address from Trade and Investment Minister Hon Todd McClay, in front of a sold-out crowd.
    The longstanding and highly successful awards are presented by ExportNZ in partnership with ASB to reward and recognise the region’s outstanding exporters.
    ASB Head of International Trade Mike Atkins, who presented the Exporter of the Year award, said the quality of entries this year underscored the spirit and purpose of the awards.
    “We uncovered a rock star in ABB while both Starboard Bio and Ovenden Seeds have potential to make a meaningful difference in the world.
    “At ASB, we are passionate about enabling exporters to scale up, be it through working capital funding or other advisory initiatives across clean tech, food & fibre, productivity, and sustainability.
    “Our partnership with ExportNZ in celebrating these awards continues our commitment to the region’s exporters.”
    ASB Exporter of the Year ABB Napier is a largely autonomous company specialising in power systems design in production, says the judges.
    “Originally VecTek in Onekawa, they have retained their engineering skills, and through a strong focus on innovation and quality produced a unique world leading UPS product. All these products are designed, built and tested to exceptional quality right here in Hawke’s Bay.
    “All the winners and finalists are truly exceptional, and we as judges felt spoilt for choice – congratulations to all involved”
    Winners and nominees alike across all categories were celebrated by judges and the audience.
    ExportNZ Hawke’s Bay Regional Manager Amanda Liddle said “It is outstanding to see another cohort of such amazing finalists and winners.
    “Going global is a tough business – more so than ever, but tonight’s exporters show the best of what our region has to offer.
    “Congratulations to ASB Exporter of the Year ABB, who also picked up the Ziwi Excellence in Innovation award, your products and clarity of vision were awe inspiring and the win is well deserved.
    “All of us at ExportNZ would also like to give our special congratulations to Stephen Jacobi, this year’s NZME Service to Export Award winner. Stephen’s tireless advocacy has unlocked many opportunities for New Zealand exporters and businesses the world over, and his tenure on the ExportNZ Advisory Board has been invaluable to the organisation.”
    Winners of each category will now go on to the final stage of the New Zealand Trade & Enterprise (NZTE) International Business Awards, held in Auckland on November 27 th for a night of national celebration and international recognition.
    The full list of winners:
    • 2025  ASB Exporter of the Year: ABB – ABB Napier designs and manufactures innovative solutions to make AI-driven data centres more affordable and energy efficient, addressing AI’s high-power demands. Operating in New Zealand for over 90 years, ABB has invested around $34 million in Napier since 2020 and employs 145 people locally, with plans to expand by up to 50 more as production grows.
    • T&G  Global Best Established Business Award: Starboard Bio – Starboard Bio produces and exports animal-derived pharmaceutical, nutraceutical, and functional food ingredients, supplying frozen raw materials and powdered ingredients for encapsulation to the EU and US markets. The company operates with a team passionate about their products, the New Zealand brand, and enhancing value within the NZ red meat industry.
    • ContainerCo  Best Emerging Business: Ovenden Seeds – Ovenden Seeds is a specialist seed multiplication company growing, processing, and exporting herb and vegetable seeds, particularly smaller, hard-to-handle varieties. Seeds are dried, cleaned, and packed at a custom facility near Waipawa. With farms in Hawke’s Bay and grower partners in Canterbury, Ovenden focuses on growth and exports to the UK, EU, and US
    • Judges’  Choice Award: Haumako – Haumako is the Tātau Tātau Trust’s commercial entity and develops and grows horticultural products for the export market. Tātau invests directly in horticulture to further diversify their economy, foster sustainable regional growth, and create valuable local jobs. By expanding the horticulture industry in Wairoa, Tātau encourages better use of Māori-owned land by sharing opportunities, learning, knowledge gained in their own orchards.
    • Ziwi  Excellence in Innovation Award: ABB
    • NZME  Service to Export Award: Stephen Jacobi
    • Napier  Port Unsung Heroes Award: Tamsyn Illston, Natural Pet Foods & Nick Elliot, ABB.
    Notes:
    ExportNZ Hawke’s Bay is overseen by Business Central, which represents around 3,500 organisations across the lower North Island. Business Central offers advice, learning, advocacy, and support to a wide range of organisations across Central New Zealand. Business Central is part of the BusinessNZ Network.

    MIL OSI New Zealand News

  • MIL-OSI Australia: Economic Reform Roundtable agenda

    Source: Australian Parliamentary Secretary to the Minister for Industry

    Today we are releasing the agenda for the government’s Economic Reform Roundtable.

    This is all about bringing people together and building consensus around the big challenges and opportunities in our economy.

    The Roundtable agenda released today reflects the government’s agenda for long term economic reform, with a focus on resilience, productivity and budget sustainability.

    It’s a packed schedule.

    From competition to capital attraction, AI to approvals, innovation to better regulation – there’s a lot to cover.

    Each day will be divided into three sessions, and the core group of 23 attendees will participate in all sessions over the 3 days. More invitations will soon be issued for participants to attend specific sessions.

    This is a targeted agenda that has been deliberately designed to give us the best possible chance of building consensus on the direction of economic reform.

    Economic Reform Roundtable agenda:

    Day 1 – Resilience

    Presentation – Some perspectives on productivity trends by RBA Governor Michele Bullock

    Session 1 – International risks, opportunities and trade

    Session 2 – Skills attraction, development and mobility

    Session 3 – Capital attraction and business investment

    Day 2 – Productivity

    Presentation – Productivity and reform by Productivity Commission Chair Danielle Wood

    Session 1 – Better regulation and approvals

    Session 2 – Competition and dynamism across the federation

    Session 3 – AI and innovation

    Day 3 – Budget sustainability and tax reform

    Presentation – Role of budget sustainability by Treasury Secretary Jenny Wilkinson PSM

    Session 1 – Efficient and high-quality government services, spending and care

    Presentation – A better tax system by Grattan Institute CEO Dr Aruna Sathanapally

    Session 2 – A better tax system

    The full Economic Reform Roundtable agenda can be found on the Treasury website.

    MIL OSI News

  • MIL-OSI Submissions: Friday essay: libertarian tech titan Peter Thiel helped make JD Vance. The Republican kingmaker’s influence is growing

    Source: The Conversation – Global Perspectives – By Luke Munn, Research Fellow, Digital Cultures & Societies, The University of Queensland

    The money is easy to trace. Scroll back through tech entrepreneur Peter Thiel’s political donations and you’ll soon hit US$15 million worth of transfers sent to Protect Ohio Values, JD Vance’s campaign fund. The donations, made in 2022, are a staggering contribution to an individual senate race, and helped put Vance (Thiel’s former employee at tech fund Mithril Capital) on a winning trajectory.

    But if money matters, so do ideas. Scroll back through Vance’s speeches, and you’ll hear echoes of Thiel’s voice. The decline of US elites (and by extension, the nation) is supposedly a result of technological stagnation: declining innovation, trivial distractions, broken infrastructure. To make the nation great again, Thiel believes, tech should come first, corporates should be unshackled, and the state should resemble the startup. For Vance, who has now risen to the office of US vice-president, a Thiel talk on these topics at Yale Law was “the most significant moment” of his time there.

    Thiel’s influence on politics is at once financial, technical and ideological. In the New York Times, he was recently described as the “most influential right-wing intellectual of the last 20 years”. And his potent cocktail of networks, money, strategy and support exerts a rightward force on the political landscape. It establishes a powerful pattern for up-and-coming figures to follow.

    To “hedge fund investor” and “tech entrepreneur”, Thiel has recently added a new label: Republican kingmaker.

    Who is Peter Thiel?

    Thiel was born in Germany but grew up in the United States, with a childhood sojourn in apartheid South Africa. Max Chafkin’s critical but balanced biography, The Contrarian, claims Thiel was bullied growing up and protected himself by becoming resolutely “disdainful”. He studied philosophy and then law at Stanford, where he founded The Stanford Review, a libertarian–conservative student paper that signalled his early interest in controversial politics and culture wars.

    While difficult to pin down precisely, Thiel’s Christianity shapes his belief in a declining or even apocalyptic world that can only be countered with unapologetic interventions and technological innovations. God helps those who help themselves – but could always use additional help from ambitious tech elites.

    In 1998, Thiel cofounded his first tech company, Confinity, which launched its flagship product PayPal in 1999 and merged with Elon Musk’s X.com in 2000. In 2002, eBay bought PayPal for $1.5 billion and Thiel became a multimillionaire. He invested in several startups, including Facebook, and established his hedge fund, Clarium, and his venture capital firm, Founders Fund.

    In their own ways, each of these developments is a response to Thiel’s thesis that the world is stuck. In his 2011 essay The End of the Future, he decries the “soft totalitarianism of political correctness in media and academia” and the “sordid world” of entertainment. The result is “50 years of stagnation” that has transformed humanity “into this more docile kind of a species”.

    Thiel’s answer is more risk, more tech and more ambition. It’s exemplified most clearly by Palantir Technologies, the data analytics firm he cofounded in 2004.

    Palantir has worked closely with US armed forces and intelligence agencies for 14 years. It is currently working closely with the Trump administration to create a “super-database” of combined data from all federal agencies, and building a platform for Immigration and Customs Enforcement (ICE) “to track migrant movements in real time”.

    Investing in right-wing politics

    Thiel’s political interventions have ramped up over time. Libertarianism generally takes an arms-length approach to politics in favour of individual freedom and market determination. But even in “purely” financial spaces, politics creeps in.

    Clarium’s macroeconomic approach meant the political landscape had to be factored in: “high-conviction, directional investments based on key drivers of the global economy and fundamental themes underappreciated by the marketplace”.

    If politics, like technology, had stagnated – into a non-choice between similar parties – how could it be “disrupted”? Thiel began making political donations in December 2011, with contributions totalling at least $2.6 million, to the third presidential campaign of Ron Paul, a longstanding conservative congressman in Texas.

    While Paul would ultimately be unsuccessful, Thiel recognised something others had missed. Voters had not been attracted to some idealistic libertarian, as the media portrayed him, but to the old Ron Paul, a neoconservative whose newsletters published in his name in the 1980s and ‘90s suggested 95% of Black men in Washington DC were criminals. (He denied writing them in 2011, calling the statements “terrible”.) His appeal was never “merely” about economic freedom, but about race and class, fear and grievance.

    Donald Trump took this dark undercurrent, a strain that has always underpinned parts of US politics, and ran with it. Dog-whistles were dispensed with in favour of overt claims that most illegal immigrants were rapists, certain Latin American countries were shitholes, women were bitches, and white supremacists were “very fine people”. Trump, noted one article, was “weaponizing the conservative id”.

    In these visions, multiculturalism and progressivism are not just cultural threats, but economic ones. They undermine the ability of company founders to exploit labour, blow past regulations, and obey the brutal logic of the market.

    “A world safe for capitalism is presumably one of monopoly companies and patriarchal networks,” note media scholars Ben Little and Alison Winch in their profile of Thiel. It’s a world “where ‘the multiculture’ has been transformed into racialised domination”.

    Thiel has certainly contributed to the rise of Trump and the new breed of right-wing politicians through his vast wealth. In 2016, Thiel contributed $1.25 million to Trump’s campaign, thinking “he had a 50-50 chance of winning”. This earned him a speaking slot at the Republican convention. But his influence extends beyond mere money.

    Thiel’s endorsement of Trump at the 2016 Republican convention was hugely significant for garnering support. So was his famous declaration there that he was proud to be gay, Republican and American. After Trump won his first term, Thiel continued to be involved. He joined the transition team and recommended aligned individuals for key positions, such as Michael Kratsios, who would become chief technology officer.

    So, Thiel’s support of Trump should be understood as an investment, just like his early investments in PayPal and Facebook. As Chafkin notes, Thiel’s bet on Trump is a wager with high upsides and low risk. Thiel’s outspoken views in favour of “seasteading” (floating independent city-states) and against immigration and women’s emancipation had already alienated the more progressive sectors of Silicon Valley.

    If the bet paid off, Thiel and his empire could benefit handsomely. And this is exactly what has played out. Since Trump has taken office in his second term, Palantir has already netted more than $113 million in federal government spending.

    Palantir: from information to domination

    Palantir’s origin story reflects its blend of technical expertise and political ambition. To combat rising fraud, members of PayPal developed a software tool that could mine vast amounts of transactions and find the connections between them, homing in on a handful of culprits in a deluge of data.

    Thiel was prescient in spinning this core idea from finance to intelligence, where analysts were searching for patterns and anomalies amid the noise – a needle in a haystack. Palantir commercialised and expanded this concept, bringing a leaner, data-driven Silicon Valley approach to a sector dominated by established Washington incumbents.

    Thiel and Palantir chief executive Alex Karp believe Silicon Valley has lost its way, frittering away its vast talents and ingenuity on trivial pursuits: advertising, gaming, social media. For them, the era of ambitious scientific projects and unapologetic military industrial collaborations – the Manhattan Project, the Moon landing — needs to be revived.

    In his book, the Technological Republic, Karp calls for a state that looks more like a startup – lean, technology-driven, and led authoritatively by a founder-like figure who is not afraid to “move fast and break stuff” (the Silicon Valley motto), especially when it comes to dominating enemies and ensuring the safety of a nation’s citizens.

    Palantir, of course, answers this call. It combines machine learning with military spending, data-driven “intelligence” with naked violence. This is most clear in its longstanding collaboration with ICE, which is now carrying out notorious immigration raids at the behest of the Trump administration. “On the factory floor, in the operating room, on the battlefield,” states a recent Palantir recruitment ad placed across US college campuses, “we build to dominate.”

    Palantir’s blueprint has been emulated by a growing array of others. Anduril, Skydio and Shield AI are all founded on developing information technologies for military and intelligence use. Last week, Rune Technologies closed a $24 million Series A round of funding to move warfare logistics away from the “Excel era” and towards AI-augmented tools.

    Answering Karp’s call, these startups are unapologetic in leveraging engineering expertise for more substantial, authoritarian and historically controversial areas.

    Playing the scapegoat

    One of the clearest outlines of Thiel’s political philosophy is laid out in the Straussian Moment, a 30-page essay he published in 2007.

    For Thiel, the spectacular violence of the September 11 terrorist attacks was a wake-up call, rousing the citizenry from that “very long and profitable period of intellectual slumber and amnesia that is so misleadingly called the Enlightenment”.

    Curtis Yarvin.
    David Merfield/Wikipedia, CC BY

    In Thiel’s view, the Enlightenment project – to advance knowledge, cultivate tolerance, and elevate humanity as a whole – rested on a naive understanding of human nature. Like Curtis Yarvin and other influential Silicon Valley political thinkers, he asserts that humanity is brutal and a shift from Enlightenment optimism to Dark Enlightenment pessimism is required.

    It is unsurprising, then, that Thiel looks to René Girard (once called “the new Darwin of the human sciences”) for inspiration; he even organised a symposium at Stanford with Girard in attendance. Girard begins from a bleak view of human nature, a Hobbesian world where life is nasty, brutish and short. For Girard, mimesis or imitation is at the heart of the human. This mirroring quality means violence is always threatening to escalate, to constantly ramp up with no inherent limit.

    To corral this violence, ancient cultures created the scapegoat, a sacrificial system where all-against-all was replaced by all-against-one. Yet the scapegoat is no longer viable – the revelation of Christ is that the scapegoat is an innocent victim.

    Thiel takes Girard’s insights and twists them to his own ends. First, Thiel asserts that even if violence begets more violence, nonviolence is not an option. Enemies must not be allowed to prevail. In the face of uncompromising adversaries, such as the 9/11 attackers, who threaten to dismantle some idealised way of life, preemptively responding to violence is “urgently demanded”.

    Second, Thiel takes the concept of the scapegoat and flips it. In this judo-like manoeuvre, the real victims are not the marginalised or the minority, but the hegemonic class (whites, males, liberals, conservatives), who are being pressured by cancel culture, political correctness, diversity initiatives and so on.

    Shortly after graduating, Thiel coauthored a book, The Diversity Myth, about alleged political intolerance at Stanford. In it, he rails against a rampant multiculturalism that he claims stifles freedom of speech and derails education and entrepreneurialism. Here, scapegoating is weaponised. It’s mobilised toward a conservative advance in the ongoing cultural wars, which are always also political wars.

    Contradiction or evolution?

    Thiel is a walking paradox. He bemoans cancel culture and political correctness, while waging a highly expensive and clearly personal war to bankrupt a media outlet that offended him. (After Gawker printed the “open secret” of Thiel’s gay status in 2007, Thiel funded lawsuits against them until they were shut down.)

    He calls himself a libertarian, but has founded a company that derives millions in contracts from the bloated budgets of the many military agencies (the National Security Agency, the FBI, the US Army) that now comprise the sprawling state.

    He celebrates capitalism and the free hand of the market, but always stresses that the path to business success rests on establishing monopolies with no real competition. He is a German-born immigrant who actively supports technologies (Palantir) and candidates (Trump) that establish xenophobic environments and seek to deport those deemed “other”. And, most personally, he is both a conservative Republican and an openly gay man.

    At a purely logical level, these elements are incompatible. There is a perceived gap between Thiel’s words and actions, a gulf between his ideologies and his activities. For staunch libertarians at Thiel’s companies, his manoeuvrings at the state level make no sense. For queer scholars, Thiel’s exclusionary rather than liberatory politics mean he is a man who has sex with other men, rather than being gay.

    For these critics, both things cannot be true; therefore, some labels, identities and activities are fake, marginal or impossible. Yet one of Thiel’s many lessons is that contradiction is a strength rather than a weakness.

    Thiel’s philosophy, which journalists have called techno-fascism, recalls philosopher Umberto Eco, who described fascism as a “beehive of contradictions” and “a collage of different philosophical and political ideas”. The radical right, in particular, has no problem mashing together many views that at face value should not fit: scavenger ideologies that are opportunistic in grabbing elements that work for them.

    Instead of contradictions, these hybrid forms need to be understood as evolutions. They are tensions, held within the body and the mind of the subject, that push monolithic frameworks like conservatism beyond their existing limits. Thiel’s power – and his political blueprint for others – is insisting you can be a philosophical entrepreneur, an illiberal patriot, and a queer conservative.

    Luke Munn does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Friday essay: libertarian tech titan Peter Thiel helped make JD Vance. The Republican kingmaker’s influence is growing – https://theconversation.com/friday-essay-libertarian-tech-titan-peter-thiel-helped-make-jd-vance-the-republican-kingmakers-influence-is-growing-261856

    MIL OSI

  • MIL-OSI: Diplomatic Trade Ltd, Thomas J. Kent Jr. the Kent Family Office, and Kent Global LLC Stake Acquisition in Turkish Pharma Firm, Target $300M UAE Biopharma Venture

    Source: GlobeNewswire (MIL-OSI)

    Thomas J. Kent Jr.

    DUBAI, United Arab Emirates, July 31, 2025 (GLOBE NEWSWIRE) — Diplomatic Trade Ltd and Kent Global Support Strategic Stake in Turkish Pharma Group, Plan $300M UAE Biopharma Initiative Cross-border biopharma venture targets UAE facility launch in Q3 2025 and public listing by year-end

    Diplomatic Trade Ltd, a cross-border trade and investment firm with offices in New York and Dubai, and its private equity arm, Diplomatic Trade Capital Group, have signed an MOU to acquire a 49% stake in Turkish pharmaceutical manufacturer Farmakim ilaç Kimya Gida Ürünleri Üretim San ve Dis Tie A.S.

    The transaction was supported by U.S.-based Kent Family Office LLC and its affiliated investment firm, Kent Global LLC, led by financier Thomas J. Kent Jr. The deal marks a strategic partnership aimed at strengthening pharmaceutical capacity across Türkiye and the Gulf Cooperation Council (GCC).

    Equity Position and Strategy
    Diplomatic Trade Capital’s 49% ownership includes board representation and commercial rights. Financial details were not disclosed, but the acquisition aligns with a broader strategy to scale pharmaceutical infrastructure across emerging markets in MENA.

    UAE Biomanufacturing Facility – Q3 2025
    The partners will establish a UAE-based biomanufacturing facility by Q3 2025. The plant will focus on biosynthetic therapies and regenerative compounds, featuring modular, EU-GMP-compliant production systems and AI-driven quality control. The facility is intended to meet growing demand for advanced pharmaceuticals in the GCC and North Africa.

    IPO Planning and Market Valuation
    The new entity is targeting an initial public offering on a UAE stock exchange in Q4 2025. A global advisory firm is conducting a valuation, with early estimates suggesting a potential IPO valuation near $300 million USD, based on projected revenue growth and regional distribution rights.

    Institutional Investment Backing
    The financing structure was arranged by Kent Family Office and Kent Global, reflecting increased U.S. institutional interest in healthcare investment across the Gulf region.

    Executive Commentary
    “This transaction establishes a platform for scalable pharmaceutical production in the region,” said a Diplomatic Trade Capital spokesperson. “The UAE offers a favorable environment for innovation, regulation, and capital markets access.”

    About Diplomatic Trade Ltd
    Diplomatic Trade Ltd is a U.S.-registered firm focused on cross-border joint ventures and IPOs in healthcare, infrastructure, and strategic manufacturing across the GCC and Africa.

    About Farmakim
    Based in Istanbul, Farmakim is a privately held pharmaceutical company serving public and private healthcare systems across Europe, MENA, and Central Asia.

    Media Contact:
    Shawn Kent
    Kent Global LLC and The Kent Family Office
    646 207 6801
    tkent@kentgloballlc.net
    https://www.kentgloballlc.net/

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6ca9a779-f567-40ae-9944-7f2d25ebde78

    The MIL Network

  • MIL-OSI China: Steps to spur consumption, enhance vitality

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

    A State Council executive meeting presided over by Premier Li Qiang on Thursday called for stepping up efforts to improve the effectiveness of macroeconomic policies, while arranging the implementation of interest subsidies on personal consumption loans and loans to service sector businesses to better stimulate consumption and enhance market vitality.

    As the country’s latest step to boost innovation-driven growth, the State Council executive meeting approved a guideline on deeply implementing the AI Plus initiative, calling for promoting the large-scale, commercial application of artificial intelligence and advancing its accelerated adoption and deep integration across various fields of economic and social development.

    On Thursday, the National Bureau of Statistics released the latest purchasing managers index, or PMI, data, which suggested the necessity to consolidate the resilience of the manufacturing sector and overall economic momentum in the second half of the year.

    Economists called for further reinforcing support for domestic demand and employment, as the nation’s manufacturing activity cooled in July amid unfavorable weather and the traditional off-season. The official PMI for the manufacturing sector stood at 49.3 in July, down from 49.7 in June, the NBS said on Thursday.

    Despite the moderation, high-tech manufacturing continued to gain traction in July, highlighting the vitality of the country’s industrial upgrading and reinforcing the sector’s ability to withstand ongoing external challenges, experts said.

    Wang Qing, chief macroeconomic analyst at Golden Credit Rating International, said, “With both domestic and external demand softening, the manufacturing PMI ended its two-month rebound and declined within the contraction territory in July.”

    The official manufacturing PMI has stayed below the 50 mark that separates expansion from contraction for the fourth consecutive month. In July, the subindex of new orders — a barometer of market demand — dropped to 49.4 from 50.2 in June, while that of new export orders went down to 47.1 from 47.7 in the previous month.

    External headwinds dampened export momentum, while the effect of earlier policies to boost domestic demand started to wane in July, Wang said, adding that high temperatures, heavy rains and flooding in some regions disrupted production.

    Downward pressures on economic growth may intensify in the third quarter, said Wang, who expects additional measures to boost domestic demand as China’s relatively low levels of sovereign debt and inflation have offered ample policy room to offset a slowdown in external demand.

    The Political Bureau of the Communist Party of China Central Committee held a meeting on Wednesday that made arrangements for economic work in the second half, emphasizing that macro policies should continue to exert force and be strengthened at an appropriate time.

    New economic drivers

    Xiong Yi, Deutsche Bank’s chief economist for China, said, “If GDP growth slows faster than expected, a budget deficit increase may become necessary in the fourth quarter.”

    He said he anticipates that the Chinese economy will grow 4.8 percent in 2025, following its strong resilience in the first half of the year.

    According to Xiong, service consumption is expected to become a new driver of economic growth and employment in the second half of the year. China is enhancing its support for service consumption, with a particular focus on cultural tourism, elderly care, healthcare and domestic services.

    Despite the overall decline, the PMI for high-tech manufacturing came in at 50.6 in July, while that for equipment manufacturing was at 50.3, the NBS said, indicating the sectors’ capability to thrive despite challenges.

    For instance, Nantong Haixing Electronics Co, an electronic energy storage materials producer based in Nantong, Jiangsu province, saw its export value exceeding 50 million yuan ($6.95 million) in the first half of 2025, marking a year-on-year increase of 67.23 percent, data from Nanjing Customs showed.

    Jin Wenhui, the head of the company’s foreign trade unit, said that despite intense worldwide competition, sustained investment in innovation has enabled the company to pursue industrial upgrading and remain resilient in a rapidly evolving global landscape.

    Guangdong Greenway Technology Co, a manufacturer of electric motorcycles and bicycles, as well as mobile energy storage systems, based in Dongguan, Guangdong province, shipped its products to more than 80 countries and regions across Europe and the Americas in the first half of the year, according to Huangpu Customs in Guangdong.

    Wu Jing, head of the company’s foreign trade unit, said, “With years of development in lithium battery manufacturing, we’ve steadily increased our supply of high-quality, eco-friendly products amid the global shift toward energy transition, while actively exploring new markets and opportunities overseas.”

    MIL OSI China News

  • MIL-OSI Security: Pacific Partnership 2025 multinational servicemembers build a pergola and refurbish a dental clinic in Lae, Papua New Guinea [Image 12 of 21]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    LAE, Papua New Guinea (July 30, 2025) Republic of Korea navy (ROKN) Seabees assigned to Naval Mobile Construction Battalion 2 make measurements for a pergola at the Lae Dental Clinic during Pacific Partnership 2025 in Lae, Papua New Guinea, July 30, 2025. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist 1st Class Kyle Carlstrom)

    Date Taken: 07.29.2025
    Date Posted: 07.31.2025 21:51
    Photo ID: 9231238
    VIRIN: 250730-N-NB544-1017
    Resolution: 5071×3381
    Size: 2.09 MB
    Location: LAE, PG

    Web Views: 0
    Downloads: 0

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    MIL Security OSI

  • MIL-OSI Security: Pacific Partnership 2025 multinational servicemembers build a pergola and refurbish a dental clinic in Lae, Papua New Guinea [Image 14 of 21]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    LAE, Papua New Guinea (July 30, 2025) U.S. Navy Builder 2nd Class Bryce Garcia, left, assigned to Amphibious Construction Battalion 1, attaches a wood beam for a pergola as a Republic of Korea navy Seabee assigned to Navy Mobile Construction Battalion 2, watches at the Lae Dental Clinic during Pacific Partnership 2025 in Lae, Papua New Guinea, July 30, 2025. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist 1st Class Kyle Carlstrom)

    Date Taken: 07.29.2025
    Date Posted: 07.31.2025 21:51
    Photo ID: 9231245
    VIRIN: 250730-N-NB544-1047
    Resolution: 6720×4480
    Size: 1.84 MB
    Location: LAE, PG

    Web Views: 0
    Downloads: 0

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    MIL Security OSI

  • MIL-Evening Report: Governments are becoming increasingly secretive. Here’s how they can be made to be more transparent

    Source: The Conversation (Au and NZ) – By Gabrielle Appleby, Professor of Law, UNSW Law School, UNSW Sydney

    Transparency is vital to our democratic system of government.

    It promotes good government, spurring those in power into better practice. Even when what is revealed is pretty revolting, transparency means those transgressions are known, and accountability for them can follow.

    Transparency is particularly important for people who otherwise do not have access to government, who are not “in the room” or “at the table”, whether that be directly or through lobbyists or other connections.

    But recent data reveal government transparency in Australia is on the decline. Given the connection between transparency and a well-functioning democracy, this is deeply concerning.

    The Albanese government’s compliance rate with Senate orders for documents is the lowest of any government since 2016, and the second-worst of any government since 1993. Disclosures under freedom of information laws have dropped dramatically over the past decade.

    The problem isn’t a lack of solutions, but that governments appear perpetually unwilling to open up.

    How should transparency work?

    In Australia, there is a complex system of institutions and laws that provide government accountability and transparency.

    Outside of the blunt instrument of electoral accountability through the ballot box, the parliament, and in particular the non-government-dominated Senate, plays a key role in providing accountability and transparency.

    The transparency work of the Senate is supplemented by a number of regimes, chief among them freedom of information. Under freedom of information, members of the public can request specific information from government departments and agencies, and this is supported by a “freedom of information champion”, the Office of the Australian Information Commissioner.

    To work properly, these schemes and regimes need the ongoing support, cooperation and buy-in (literally in the form of funding) from government. This has, at times, been less than forthcoming, which can hobble their operation in different ways.

    There are also several reasons why a government might refuse to publicly disclose what it is doing. Former High Court Chief Justice Harry Gibbs said “government at a high level cannot function without some degree of secrecy”.

    But limits and exceptions to transparency regimes are controversial. Does there need to be an exception at all? Does a particular document fall within the exception?

    The government holds the upper hand in asserting whether a document falls within an exception, because they are the ones who know what the documents are. This gives rise to cynicism that these exceptions can be and are being abused.

    Documents remaining buried

    This cynicism may be warranted, as two recent reports by the Centre for Public Integrity show successive governments lack true commitment to transparency.

    The first report was about Senate orders for the production of documents and how often the government complies with them.

    One of the Senate’s most powerful tools in holding the executive to account is its ability to order the production of government documents.

    But governments have a long history of avoiding compliance with Senate orders. They either outright refuse to respond, or offer broad claims of “public interest immunity” over sensitive documents, such as those relating to national security, Cabinet, federal relations or law enforcement.

    While the Senate can sanction ministers who refuse to comply with its orders, such as through suspending them from the chamber, it has historically done little in response to government insouciance.

    This means we don’t know whether the public interest immunity claims being made over the documents are valid, and there is currently no mechanism to find out.

    The recent data show the government’s compliance rates with Senate orders to produce documents have fallen from 92% in 1993–96, to approximately 33% for the current parliament.

    This is a low that only the Abbott/Turnbull government in the 44th parliament has the ignominious record of beating in the past 30-odd years.

    It is coupled with the government increasingly claiming public interest immunity. Public interest immunity rejections as a proportion of non-compliance sat at 61% over the 46th Parliament, this rose to almost 68% over the Albanese government’s first term.

    These averaged roughly one claim per week under Albanese, compared with about one claim every three weeks under by the Morrison government in the 46th parliament.

    What about freedom of information?

    The second report is on the operation of the Commonwealth’s freedom of information (FOI) regime.

    The Albanese government’s performance on delivering transparency this way is a mixed bag.

    First, the good news: the Office of the Australian Information Commissioner is better resourced, first-instance processing times have improved, and more of the reviews received by the OAIC are being finalised.

    But the plaudits end there.

    Whereas the proportion of requests granted in full stood at 59% in 2011–12, by 2023–24 it had fallen to just 25%.

    Over the same period, outright refusals have ballooned from 12% to 23%.

    The precipitous decline in the “refusal gap” (the difference between the proportion of requests granted in full and those refused) is alarming.

    Moreover, it’s difficult to have confidence in the correctness of these refusals. In 2023–24, almost half of initial decisions were found to be flawed following internal review.

    Processing timeframes are also cause for significant concern. Average processing time for Office of the Australian Information Commissioner reviews has blown out from 6 months in 2016-17, to 15.5 months in 2023-24.

    Fixing the mess

    Of course, numbers are not a full story. But they also cannot be denied, and these tell a damning story for government.

    So how could they be addressed?

    The Senate should adopt an independent legal arbiter to oversee claims for public interest immunity. This would discourage secrecy by providing an independent review mechanism for parliament to check the government’s immunity claims.

    For this reform to work, the Senate must not shy away from flexing its enforcement muscles either. The government must know that lack of transparency has consequences.

    In response to the freedom of information crisis, there’s a number of reforms that could improve transparency. These cover:

    • legislative changes such as clarifying that existing applications are not invalidated with a change in minister or portfolio title

    • greater resourcing to support information officer training and ongoing monitoring

    • and increasing parliamentary oversight of the regime.

    Transparency is not an elite concern, but one of those who are otherwise not in the room. It is the peoples’ concern. Governments, however, have incentives to keep the status quo.

    So even though Labor spoke a big transparency game in opposition, they have done little in government. We need to demand that they do.


    The author would like to thank Catherine Williams, Executive Director of the Centre for Public Integrity, for her contributions to this article.

    Gabrielle Appleby is a Director of the Centre for Public Integrity.

    ref. Governments are becoming increasingly secretive. Here’s how they can be made to be more transparent – https://theconversation.com/governments-are-becoming-increasingly-secretive-heres-how-they-can-be-made-to-be-more-transparent-262012

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Economics: Facing Earthquakes and Extremes, Asia-Pacific Deepens Disaster Cooperation Incheon, Republic of Korea | 01 August 2025 Issued by the APEC Emergency Preparedness Working Group The meeting’s agenda covered digital-based disaster risk management strategies, community leadership in disaster response and strengthening multi-layered governance.

    Source: APEC – Asia Pacific Economic Cooperation

    A powerful earthquake off the coast of Kamchatka jolted the Asia-Pacific just hours before emergency officials from APEC economies convened in Incheon for the 21st meeting of the APEC Emergency Preparedness Working Group (EPWG), a timely reminder of how disasters can ripple across the region without warning.

    “Disasters know no borders, and they affect not only local communities but have long-term consequences for entire economies,” said Kim Gwang-yong, Vice Minister of Korea’s Ministry of the Interior and Safety, in his welcome address. “Cooperation and solidarity among APEC economies are more important than ever.”

    Vice Minister Kim highlighted Korea’s recent experiences with typhoons, heavy rainfall and wildfires, noting that the country has continuously improved its disaster management systems. 

    He also emphasized Korea’s commitment to sharing these best practices with fellow APEC economies and expanding cooperation in ICT-based early warning systems, disaster prediction models using artificial intelligence (AI), and community-centered disaster resilience strategies.

    The meeting’s agenda covered digital-based disaster risk management strategies, community leadership in disaster response and strengthening multi-layered governance. 

    Experts and officials discussed enhancing early warning systems, leveraging big data and satellite technologies and developing resilient infrastructure that can support disaster-affected communities. 

    Sessions also focused on advancing collaborative governance, bridging gaps in disaster risk management, and preparing communities for emerging risks.

    EPWG co-chair Dayra Carvajal of the United States Federal Emergency Management Agency, urged members to recognize the compounding risks affecting the region’s interconnected systems. 

    “From devastating earthquakes to wildfires and catastrophic flooding, this year has once again underscored the interconnected impacts of disasters in Asia-Pacific,” she said. “These compounding stressors that ripple through shared infrastructure remind us that events in one economy are frequently felt elsewhere.”

    “This year, we must endeavor to identify concrete and practical ways in which to strengthen the systems that sustain regional economic growth and prosperity: our infrastructure, markets and supply chains.”

    The agenda featured project updates and best practice exchanges by member economies including on topics such as disaster risk prediction and whole-community preparedness in urban, coastal and inland areas. Delegates examined how to bridge gaps in early warning systems, scale agile and adaptable governance across central and local levels and enable technology-driven disaster leadership.

    “The more we prepare, the more we can reduce disaster damage. And the more we cooperate, the stronger our response can become,” Vice Minister Kim concluded.

    Looking ahead, the group emphasized that continued collaboration under the newly launched EPWG Strategic Plan 2025–2027 will be essential to turn this momentum into durable systems of protection and preparedness. 

    The EPWG meeting is a key platform for promoting APEC’s vision of a resilient and prosperous future, with discussions expected to result in actionable policies and collaborative projects that can mitigate disaster risks, enhance regional preparedness and protect the lives and livelihoods of the 2.9 billion people who call the APEC region home.


    For more information or media inquiries, please contact:
    [email protected]

    MIL OSI Economics

  • MIL-OSI China: Chinese Academy of Engineering unveils list of key emerging AI technologies

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

    Chinese Academy of Engineering unveils list of key emerging AI technologies

    Xinhua | August 1, 2025

    Visitors interact with a robot dog at the 2025 World AI Conference (WAIC) in east China’s Shanghai, July 29, 2025. (Xinhua/Chen Haoming)

    The Chinese Academy of Engineering (CAE) on Thursday released a list of next-generation information engineering and emerging artificial intelligence (AI) technologies that it expects will become hotspots for AI development in the next five to 10 years.

    The list includes nearly 300 technologies across three categories.

    For innovations in information engineering, it identifies 163 technologies, including 6G communication, multimodal large-scale AI models and super general-purpose agents.

    For traditional industry transformation and interdisciplinary integration, the list encompasses 122 emerging technologies, such as computational neuroscience, smart wearables, and an AI-assisted drug design that could catalyze a productivity revolution.

    It also highlights 12 AI hotspots that are closely related to daily life, including large AI model technologies, intelligent unmanned systems and embodied intelligence.

    According to CAE academician Yu Shaohua, the list aims to enhance public understanding of the future societal impacts of AI while providing strategic reference for AI development plans. 

    MIL OSI China News

  • MIL-OSI China: Thriving under pressure: Chinese companies build resilience, boost innovation amid headwinds

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

    Thriving under pressure: Chinese companies build resilience, boost innovation amid headwinds

    Merchant Sun Lijuan (R) introduces products to an Indian merchant inside her shop at the Yiwu International Trade Mart in Yiwu, east China’s Zhejiang Province, May 20, 2025. (Xinhua/Han Chuanhao)

    “It’s hot and wet today,” chirped a doll in a clear, childlike voice, dressed in a pink floral blouse and a rainbow tulle skirt. The doll was on display at a toy stall in Yiwu City, a bustling trade hub in east China often dubbed the “world’s supermarket.”

    The question — “What’s the weather like today?” — came from stall owner Sun Lijuan, who has worked in the doll business in Yiwu for over a decade.

    Her latest model, now powered by AI, marks a major shift from the talking toys of the past. “It’s no longer just a doll that sings, tells stories, or answers basic questions,” Sun said. “Now it can respond to almost anything. For kids, it’s more like a companion — a friend.”

    Sun is currently developing Spanish-language versions and has asked long-time clients to take the new AI dolls’ smart modules to South America to test server connectivity.

    Amid global tariff headwinds, innovation is unfolding daily in Yiwu across a wide range of industries and products. Local businesses are steadily strengthening both resilience and innovation capacity, driving a 24.5 percent year-on-year increase in the city’s exports in the first half of the year.

    Visits by foreign buyers in Yiwu jumped 18.6 percent from a year earlier in the first five months, underscoring growing interest in the city’s expanding and evolving product lines.

    The resilience of the “world’s supermarket” echoed a robust 5.3 percent year-on-year growth in China’s GDP in the first half of the year. Behind this hard-won result against the global backdrop of economic and trade headwinds, businesses like Sun’s tell inspiring stories of agility and enterprise.

    Merchants participate in a language learning session at the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, May 16, 2025. (Xinhua/Chen Shuo)

    WEATHERING GLOBAL UNCERTAINTIES

    The rapid rollout of new products, Sun said, owes much to China’s strengths in innovation and talent. “Since the rapid ascent of DeepSeek earlier this year, we’ve been approached by many integrated circuit chip developers eager to collaborate on next-generation dolls,” she said. “I’ve never had so much contact with PhDs from top universities and tech firms.”

    This year has also been one of personal growth for Sun. After DeepSeek gained attention, the Yiwu International Trade Market began offering free AI training and she managed to pick up several software skills.

    In March, a long-time client from Mexico visited her shop and requested adjustments to the doll’s facial features and clothing. Sun made the edits on her computer within minutes, impressing the client and securing an order on the spot.

    “Many people have asked me whether external uncertainties have hit my factory hard, and I always say the impact has been limited,” Sun said, noting her factory has, over the years, developed talking dolls in multiple languages, including Spanish, English, Arabic and Russian, for more than 50 markets such as Mexico, Russia, Saudi Arabia and Egypt.

    “Entrepreneurs in Yiwu who’ve made it this far have been tested by the market repeatedly. Without foresight, they would’ve been pushed out of the market long ago,” she added.

    The new AI-powered dolls cost three to four times as much to produce as older talking models, but they also bring higher profit margins, according to Sun.

    Sun Lijuan said the production cost of the new AI-powered dolls is three to four times that of traditional talking models — but the added technology also brings higher profit margins.

    Sun’s toy business offers a glimpse into a broader trend. Across China, companies are drawing on the country’s institutional strengths, vast market potential, resilient supply chains, a deep talent pool, and growing innovation and openness to sharpen their resilience and adaptability in an increasingly complex global landscape.

    SHARPENING INNOVATION

    On the vast Gobi Desert in northwest China’s Xinjiang Uygur Autonomous Region, towering high-voltage power lines form a striking “forest of steel.” Between the power lines, drones flit in and out of view like birds patrolling their territory, detecting minor faults or unusual objects on the towers and cables.

    This photo taken on Aug. 13, 2024 shows a 750-kilovolt (kV) power transmission line under construction in northwest China’s Xinjiang Uygur Autonomous Region. (Photo by Ma Yuan/Xinhua)

    This is a fully autonomous drone inspection system developed by technology company I-KINGTEC in north China’s Tianjin Municipality. A young tech firm founded just eight years ago is helping to solve one of the toughest challenges of power line inspections in uninhabited regions.

    Its “Orca” drone can autonomously take off, fly missions and collect data. Serving as its all-weather base, the “Tiger Den” station can automatically replace the drone’s battery pod — a task that once depended almost entirely on manual labor.

    “How to make drones truly unmanned throughout the entire workflow has been the question we sought to answer from the very beginning,” said Zhu Shengli, co-founder of the company. He noted that the firm’s technological breakthroughs have been made possible by China’s supportive policies for the low-altitude economy and a strong talent pool.

    At Zhu’s company, the average age of employees is just 27, and R&D staff make up 70 percent of the workforce. The company has filed more than 600 IP applications to date.

    It posted over 200 million yuan (28 million U.S. dollars) in revenue last year, and its first-quarter earnings this year have already exceeded the full-year total for 2024.

    China’s tech firms like Zhu’s have seen strong momentum this year. In the first half of 2025, the country’s high-tech sectors posted rapid gains, with value-added industrial output in high-tech manufacturing rising 9.5 percent, 3.1 percentage points higher than the overall industrial growth during the same period.

    Sheng Laiyun, deputy head of the National Bureau of Statistics, described the “accumulation of new growth momentum” as a key feature of China’s economic performance. He noted an accelerating integration of technological and industrial innovation, which is high on policymakers’ agendas.

    To boost innovation, China has introduced a series of policy measures this year, including setting up a national venture capital guidance fund expected to mobilize 1 trillion yuan, expanding re-lending for tech innovation and upgrades from 500 billion to 800 billion yuan, and launching a dedicated “sci-tech board” in the bond market. The measures aim to channel more financial resources into early-stage, small-scale, long-term, and hard-tech ventures.

    TAPPING VAST DOMESTIC MARKET

    At a time when global demand is uneven, China’s vast domestic market of over 1.4 billion people continues to serve as a powerful anchor. Consumer demand is evolving rapidly, driving the emergence of new business models and product innovations.

    Despite pressures on the broader food service sector, Xibei, a leading Chinese catering chain brand with nearly 400 outlets and around 17,000 employees, is charting a different course by upgrading its children’s meals and offering higher-quality options to attract family diners, a strategy that has helped lift overall sales.

    The chain now offers four kids’ meal set options. One standout is a 69-yuan set featuring a whole yellow croaker, organic vegetables, corn soup, shrimp and egg custard, mousse, and hand-rolled oat noodles. To ensure it’s safe for children to eat, each fish goes through three rounds of machine inspection followed by manual deboning.

    “Kids’ meals are emerging as a powerful driver of family dining. Parents are willing to invest in quality for their children,” said Song Xuan, vice president of Xibei.

    Sales of Xibei’s children’s meals rose 7.4 percent year on year last year. Families dining with children now make up about 50 percent of total tables across its outlets on average.

    Despite skepticism over China’s consumer momentum and concerns about weak market demand, Xibei offers a snapshot of the country’s evolving spending power.

    China’s consumer market continued to gain momentum in the first half of the year, with retail sales of consumer goods rising 5 percent year on year, 0.4 percentage points faster than in the first quarter. Consumption contributed 52 percent to GDP growth during the period, making it the main driver of the economy.

    The vast Chinese market is also a shared market for the world, with consumer goods imports totaling 7.4 trillion yuan between 2021 and 2024, according to the Ministry of Commerce. In terms of actual purchasing power, China’s retail sales of consumer goods surpassed those of the United States last year, reaching 1.6 times the U.S. level, based on World Bank data and calculations.

    Xiong Yi, China Chief Economist at Deutsche Bank, noted strong potential for further growth in services consumption. “China has likely reached a development stage where its population will have increasing demand for higher-quality services,” he said.

    To better meet differentiated demand and tap deeper into China’s growing dining market, Xibei plans to roll out lightly salted meal sets for toddlers as young as one or two years old.

    “We are confident in the long-term prospects of China’s catering industry, given its vast growth potential. To stay competitive in such a rapidly evolving market, we must continue to transform and upgrade,” said Jia Guolong, chairman and founder of Xibei.

    MIL OSI China News

  • MIL-OSI Russia: International Mathematics, Cultural Exchange, and Inspiration for a Dissertation: NSU MMF Students Attend Combinatorics School in China

    Translation. Region: Russian Federal

    Source: Novosibirsk State University –

    An important disclaimer is at the bottom of this article.

    Students and young scientists Faculty of Mechanics and Mathematics, Novosibirsk State University took part in the International Summer School on Combinatorics, which was held at China Three Gorges University (CTGU) from June 26 to July 13. The delegation included Maxim Emelyanov, Timofey Vasiliev, Wang Yifei, Ayana Ondar and Maxim Levashov. The school program focused on modern aspects of discrete mathematics: participants studied in depth the theory of symmetric functions, Kazhdan-Lustig polynomials, Newton polyhedra and Lorentz polynomials. The educational process included active scientific discussions with teachers and colleagues, as well as final exams, which were successfully passed by all participants.

    For NSU MMF Master’s student Maxim Yemelyanov, this trip was his first international academic experience in the field of combinatorics:

    — This school brought together leading specialists and students from all over China. The program allowed not only to deeply study theoretical and applied approaches, but also to lay the foundation for future cooperation between NSU and Chinese universities, — says Maxim.

    Maxim Yemelyanov presented his master’s thesis at the school on the topic “Consequences of using augmentation options in image recognition by convolutional neural networks.” Despite the fact that the topic lies at the intersection of mathematics and AI, it aroused keen interest among teachers and students:

    — I decided to take part in the school to get new ideas for my dissertation and exchange experiences with world experts in discrete mathematics. In addition, it was a unique chance to present my research to an international audience and receive an objective assessment from leading lecturers. My master’s dissertation interested my colleagues and teachers at CTGU, which allowed me to receive valuable recommendations for further development of the topic and refinement of the methodology, — the student notes.

    According to Maxim Yemelyanov, the lectures on symmetric functions were especially memorable – they demonstrated how a universal mathematical apparatus can be applied to a wide variety of problems and provide a new vision of discrete structures.

    But the summer school is not only about science. The participants had a rich cultural program, including a trip to the world’s largest hydroelectric power station, the Three Gorges, master classes in Chinese crafts, and excursions to museums and picturesque places in the province:

    — The scale of the CTGU campus, its infrastructure, the combination of modern architecture with natural landscapes and the careful organization of all processes made a huge impression. This trip was simultaneously inspiring, productive and truly important for my scientific path, — shares Maxim Emelyanov.

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

    .

    MIL OSI Russia News

  • MIL-OSI NGOs: Veerawit Tianchainan named New Greenpeace Southeast Asia Executive Director, Leading the Charge for Environmental Justice

    Source: Greenpeace Statement –

    Bangkok, 1 August 2025 – Greenpeace Southeast Asia has appointed Veerawit Tianchainan as its new Executive Director, effective 1 August 2025. Assuming leadership at a time of intensifying escalating climate threats and systemic environmental injustices, Veerawit brings a bold and values-driven vision to lead the organisation in confronting the climate crisis and champion environmental justice across Southeast Asia.

    Greenpeace Southeast Asia has appointed Veerawit Tianchainan as its new Executive Director, effective 1 August 2025. Assuming leadership at a time of intensifying escalating climate threats and systemic environmental injustices, Veerawit brings a bold and values-driven vision to lead the organization in confronting the climate crisis and champion environmental justice across Southeast Asia. © Chanklang Kanthong / Greenpeace

    A seasoned leader in environmental and human rights advocacy, Veerawit brings over 25 years of experience working across Southeast Asia and globally. His career spans diplomacy, public policy, grassroots mobilisation and international cooperation with governments, multilateral institutions and civil society movements. 

    Early in his career, Veerawit worked with the United Nations High Commissioner for Refugees Regional Office in Thailand before founding the Thai Committee for Refugees Foundation (TCR), the country’s first nationally registered non-profit organisation dedicated to refugee protection. Under his leadership, TCR became a leading advocate for the rights of refugees, asylum seekers and stateless persons across Thailand and the region. 

    Prior to joining Greenpeace, Veerawit held leadership roles with the USAID-WWF Mekong for the Future Programme, where he led initiatives on environmental governance, community rights and natural resource protection across the Lower Mekong and wider ASEAN region. He also served leadership roles at The Freedom Story in Chiang Rai and the US Committee for Refugees and Immigrants, and has advised the National Human Rights Commission of Thailand, the ASEAN Intergovernmental Commission on Human Rights, and the ASEAN Commission on the Promotion and Protection of the Rights of Women and Children and the Asian Research Center for Migration.

    Upon his appointment, Veerawit stated:

    “We can only secure a thriving future for people and planet by standing up to unjust systems and creating bold, fair alternatives that put communities and the environment first. Greenpeace is a force for transformation – driven by courage, hope, and the power of people coming together. I’m proud to stand with Southeast Asia’s communities as we fight for environmental justice and a dignified future for all.”

    Welcoming the new Executive Director, Wahyu Dhyatmika, Chair of Greenpeace Southeast Asia’s Board of Directors, commented:

    “Veerawit’s bold vision, deep roots in community engagement, and proven leadership come at a time when bold action is urgently needed. The Board is confident he will guide Greenpeace Southeast Asia with purpose and drive the systemic change required to meet today’s environmental challenges.”

    With presence in Thailand, Indonesia, Malaysia, and the Philippines, for over 25 years, Greenpeace Southeast Asia continues to champion renewable energy, forest and ocean protection, and climate justice – working alongside communities and grassroots movements to build a just, peaceful and sustainable future.


    Download the image of Veerawit here

    For media inquiries, please contact:

    Somrudee Panasudtha, Senior Media Campaigner, Greenpeace Thailand

    Tel. 081 929 5747 Email: [email protected]

    MIL OSI NGO

  • Manufacturing to research, India playing key role in new foldable series: Samsung

    Source: Government of India

    Source: Government of India (4)

    From local manufacturing to research and development, India has a significant role in the development of the new foldable series, JB Park, President and CEO, Samsung Southwest Asia, said on Friday.

    According to him, the company engineers from the Bengaluru R&D facility have contributed significantly in the development of new Z Fold7 and the Z Flip7 devices.

    “I am happy to share that these new phones are being manufactured at our Noida factory,” Park said.

    “Our latest foldables represent the next leap in smartphone innovation. They are the thinnest and lightest Galaxy Z series designs yet. They deliver cutting-edge performance and come with seamless Galaxy AI integration,” added Park.

    The company received a record 210,000 pre-orders for its seventh generation foldables – Galaxy Z Fold7, Galaxy ZFlip7 and Galaxy Z Flip7 FE – in just 48 hours in India – signalling rapid mainstreaming of the foldable form factor in the country.

    The ‘Made in India’ Galaxy Z Fold7 is surprisingly gaining significant traction from not only tier 3 markets, but also tier 4 and beyond, amid a resilient economy and rising aspirations across the country, the company informed.

    Park said the new devices will “help us mainstream the foldables in India”.

    “Galaxy Z Fold7 delivers the Ultra experience in the thinnest, lightest and most advanced Fold yet. Galaxy Z Flip7 packs flagship power, intelligence and personality into a compact and iconic form,” he mentioned.

    On AI, he said that today, on-device AI is independent of being in the cloud or a third-party source.

    “But tomorrow, I think it’s more of how people are using the AI. Like in India, you have so many dialects that you need someone to interpret. Tomorrow, it will all be done simultaneously on the devices. So you don’t have to memorise things. You don’t have to have an opinion of a lawyer or doctor. You just can have a massive intelligence that’s connected on your device to a cloud that can guide you to a better solution. I think that’s how the technology will evolve,” said Park.

    (IANS)

  • MIL-OSI: Atos – Half-year 2025 results on track. Full Year 2025 targets confirmed

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Half-year 2025 results on track
    Full Year 2025 targets confirmed

    • Significant progress in the execution of the Genesis transformation plan
      • Reset of cost base well engaged, already impacting profitability
      • Over 50% of the overall Genesis restructuring target incurred
        at the end of June
      • Growth pillar initial phase achieved to deliver long-term ambition
    • Operating Margin up 80 bps proforma from 2.0% to 2.8%, to €113m (+15.4% yoy) despite the material decline in revenue, as anticipated
      • Atos SBU: +1.7 pts to 5.7% driven by initial benefits from the restructuring plan and tight contract management
      • Eviden SBU: -1.7 pts to -7.9% – consistent with previously announced seasonality
    • Significant improvement in Free Cash Flow1to -€96m (including -€154m cash restructuring) from -€593m in H1 2024
    • H1 revenue at €4,020m, down 17.4% organically due to expected impact of contracts exit and low business traction in 2024.
    • Achieved a 10 pts yoy Book-to-Bill improvement reaching 83% despite soft market environment with:
      • Improved or flat order entry in all regions apart from France
      • Continued strategic deal wins with 11 large multi-year contracts signed vs. 5 in H1 2024. The positive commercial momentum is expected to continue in H2 2025
      • Rolling 12-month pipeline increased by €1.5bn in Q2 including €1.3bn in large deals (over €30m)
    • Full Year 2025 targets and long-term trajectory confirmed   
    • Share Purchase Agreement signed with the French State for the sale of Advanced Computing activities

    Paris, August 1st, 2025 – Atos, a leading provider of AI-powered digital transformation, today announces its half year 2025 financial results.

    Philippe Salle, Atos Group Chairman of the Board of Directors and Chief Executive Officer, declared:

    “In a challenging environment, I am very encouraged by the determination of our teams in rolling-out the Genesis transformation plan with no delay. The voluntary optimization of the Group cost base is already starting to show initial benefits as shown through our half-year results: the operating margin is improving by over 15% year-on-year, a positive momentum which we intend to pursue. Our limited cash consumption is reflecting our disciplined approach to cash management, and we notice a sheer increase in enthusiasm among our customers towards the strategic refocusing of the Group.
    We also reached a new significant milestone towards the sale of our Advanced Computing activities with the signature of a share purchase agreement with the French State.
    We are looking ahead to the rest of the year and beyond with confidence and a single focus: executing on our strategy. We remain strongly committed to our 2025 targets and our long-term financial trajectory.”

    H1 2025 performance highlights

    In € million H1 2025 H1 2024 Var.   H1 2024* Organic Var.
    Revenue 4,020  4,964 (944)   4,865 (845) 
    Operating Margin 113  115 (2)   98 +15
    In % of revenue 2.8% 2.3% +0.5 pts   2.0%  +0.8 pts
    OMDA 309  373 (64)      
    In % of revenue 7.7% 7.5% +0.2 pts      
    Net income – Group share  -696 -1,941 + 1,245      
    Free Cash Flow2 -96  -593 + 497      
    Net debt (excl. IFRS 9 adjustment) -1,681  -4,218 + 2,537      

    *: at constant scope and June 2025 average exchange rates

    Operational performance

    Group revenue reached 4,020 million euros in the first half 2025, reflecting a 17.4% organic decline compared to the first half of 2024, driven by 2024 contract losses and voluntary contract exits, especially in the Atos Strategic Business Unit (SBU) in the United States and the United Kingdom, as well as overall soft market environment. The Atos SBU generated revenue of 3,603 million euros, down 17.9% organically compared to the first half of 2024. The Eviden SBU revenue was down 11.9% compared to the first half of 2024, to 417 million euros in the first half of 2025.

    Group operating margin reached 113 million euros in the first half of 2025, representing an organic 15% increase compared to the first half of 2024 and 2.8% of revenue (compared to 2.0% in the first half of 2024), despite a 845 million revenue decline year-on-year. This performance demonstrates the initial benefits of the cost reduction measures engaged since the beginning of the year, especially in the Atos SBU where the operating margin improved 18% year-on-year. The Eviden SBU profitability was lower than last year, as expected, due to a strong seasonality throughout the year.

    Disclosure in this section represents the revised reporting structure of Atos Group, following the implementation of the new organization in the first half 2025 reporting period. These are those that will be presented in the consolidated financial statements for the first half of 2025, which will be included in the 2025 half year report. Atos has identified Atos France, Atos BNN Benelux & the Nordics, Atos UK&I, Atos USA & CA, Atos GACE, Atos IM, Atos Global Delivery Centers, Eviden and Global Structures as the operating segments, mirroring the internal reporting structure. This reflects the review, management and assessment of the group’s operating results by Group Management following the implementation of the new organization.

    In € million  H1 2025 Revenue H1 2024*   Revenue Organic variation H1 2025 OM H1 2024 OM* H1 2025 OM Organic variation*  
     
    ATOS 3,603 4,391 -17.9% 204 173 5.7% +18.2%  
    Germany, Austria & Central Europe 767 831 -7.6% 1 -11 0.1% ns  
    USA & Canada 695 978 -29.0% 70 92 10.1% -24.4%  
    France 591 663 -10.8% 13 9 2.1% +45.4%  
    UK & Ireland 583 821 -29,0% 50 48 8.6% +4.5%  
    International Markets 561 668 -16.0% 46 39 8.2% +18.8%  
    BNN Benelux & the Nordics 402 425 -5.4% 23 -1 5.6% ns  
    Global Delivery Centers 5 6 -18.7% 2 -3 0.1% ns  
    Eviden 417 474 -11.9% -33 -30 -7.9% +11.5%  
    Global Structures -57 -45 -1.4% +28.8%  
    Group total 4,020 4,865 -17.4% 113 98 2.8% +15.4%  

     *: at constant scope and June 2025 average exchange rates

    Atos – Germany, Austria & Central Europe revenue was 767 million euros in the first half of 2025, representing a 7.6% organic decline compared to the first half of 2024 with a significant ramp down from a couple of large clients who implemented insourcing strategies. It also stemmed from managed exits from low profitability contracts. That was partially offset by successful fertilization and cross selling at existing clients.

    Operating margin improved by 140 basis points year-on-year despite the non-recurring treatment of some reorganization expenses in the first half of 2024. It reached breakeven in the first half of 2025 thanks to the restructured delivery of existing contract portfolio and benefits from cost-saving initiatives.

    Atos – USA & Canada revenue decreased by 284 million euros year-on-year on a proforma basis. This was driven essentially by 2024 large contract completions and ramp-downs as well as an uncertain macro and political environment. Churn on small size contracts was more than offset by growing activity at existing clients and new contracts during the period.

    Operating margin improved 60 basis points compared to the first half of 2024 despite the material impact from revenue fall thru, thanks to the Genesis-led margin optimization actions already in place. It stood at 70 million euros in the first half of 2025.

    Atos – France revenue reached 591 million euros in the first half of 2025, down 10.8% organically from the first half of 2024, due to high exposure to the recently muted public sector and the impact of financial restructuring on client perception in 2024.

    Operating margin improved by 80 basis points year-on-year thanks to the benefit of cost-cutting initiatives on indirect costs, an improved billability rate despite revenue decline and improving low profitability contract management, quality of delivery and automation.

    Atos – UK & Ireland revenue reached 583 million euros in the first half of 2025, down 29% organically year-on-year mostly as a result of planned large public sector BPO contracts completion in the fourth quarter of 2024.

    Operating margin improved 280 basis points compared to the first half of 2024. In absolute terms, it was stable year-on-year despite the sharp decrease in revenue, thanks to the restructuring of low profitability contracts, successful delivery of new business and an already visible impact from cost-saving initiatives.

    Atos – International Markets revenue was down 16% organically in the first half of 2025, to 561 million euros, mostly driven by softer performance in Asia Pacific, Switzerland and Major events that had benefited from the Olympics in the first half of 2024. That was partially offset by growing revenues in South America.

    Operating margin improved by 240 bps compared to the first half of 2024 and reached 46 million euros in the first half of 2025 (up 7 million year-on-year). The contribution from lost revenue was more than offset by improved productivity, benefits from the Genesis transformation plan and lower one-off costs year-on-year with Olympics-related marketing costs incurred in the first half of 2024.

    Atos – BNN, Benelux and the Nordics revenue stood at 402 million euros in the first half of 2025, down 5.4% organically compared to the first half of 2024 with churn partially offset by growing activity at existing clients.

    Operating margin turned positive in the first half of 2025, to 23 million euros, or 5.6% of revenues. This was driven by the ramp up of higher profitability contracts and positive contribution from the Genesis action plan and continued positive service and project delivery.

    Eviden revenue was 417 million euros in the first half of 2025, down 11.9% organically year-on-year, driven by the anticipated strong seasonality in Advanced Computing (down 10.9% compared to the first half of 2024).
    Operating margin was –33 million euros, compared to -30 million euros in the first half of 2024 again, due to the seasonality in Advanced Computing. Significant revenue and profit recognition is expected in the fourth quarter of 2025. On a full-year basis the business unit is expected to generate positive operating margin.

    Global Structures costs stood at -57 million euros in the first half of 2025, compared to -45 million euros in the first half of 2024, due to the non-recurring treatment of reorganization costs in the first half of 2024 and the UEFA marketing costs incurred centrally in the first half of 2025.

    Update on the Genesis plan execution

    At the Capital Markets Day that was held on May 14, 2025, the Group unveiled “Genesis”, its strategic and transformation plan for the next 4 years. It includes 22 workstreams regrouped under 7 pillars:

    • Growth
    • Human Resources
    • Countries review
    • Portfolio review
    • Gross Margin
    • Cost review
    • Cash

    During the first half of 2025 significant progress was achieved, including the following:

    • Growth transformation: it has now passed the initial phase with a new growth and sales teams operating model deployed in all geographies and centrally. That included the right sizing and upskilling of the teams and sales enablement initiatives as well as prioritization to ensure frontline excellence and support future growth ambition. With that, processes were streamlined and optimized, enabling the sales force to concentrate efforts on meeting client needs. It is anticipated to yield results from the second half onwards
    • Countries review: to sharpen the geographical focus as announced in the Capital Markets Day, the Group exited one country and formally launched disposal processes for additional non-core countries
    • Contract portfolio review: in the first half of 2025, the Group reduced its exposure to low margin contracts (ie contracts with a project margin below 5%) to only three significant ones (vs seven at the end of 2024), and totaling a c.16 million euros negative impact on operating margin compared to c.52 million euros in the first half of 2024
    • Delivery and G&A optimization: the billability rate improved from 76% to 79% during the first half, and the General & Administrative cost base was reduced by 10% compared to the same period last year. Overall, over 50% of the 3-year restructuring envelope of 700 million euros was incurred at the end of June. The total headcount was 69,597 at the end of the period

    Order entry and backlog

    Commercial activity

    Order entry reached €3.3 billion in H1 2025, slightly lower than the reported H1 2024 level, due to:

    • Muted commercial activity in France where significant organizational changes are being implemented to improve commercial efficiency, enrich our offering and secure long term business performance. All other regions delivered roughly flat or growing order entry in the first half of the year
    • The soft market environment observed in the last few months

    Book-to-bill ratio was 83% in the first half of 2025, up from 73% in the same period of 2024. Main contract signatures in the second quarter of 2025 included two 4+ years Digital workplace deals totaling 140 million euros (of which 100 million euros in North America and 40 million euros in the UK), a 5+ years 80 million euros mainframe deal with a North American wholesaler of technology products, a 4+ years 50 million euros Cybersecurity contract in the public sector in Belgium, and two 3+ years digital applications contracts in Europe for a cumulative amount of 90 million euros with a consumer goods player on one side and a public sector body on the other.

    Backlog & commercial pipeline

    At the end of June 2025, the full backlog reached €12 billion representing 1.5 years of revenue.
    The full qualified pipeline amounted to €4.1 billion at the end of June 2025, representing 6.1 months of revenue.

    Net income

    OOI
    Other operating income and expenses amounted to –566 million euros in the first half of 2025, compared to –1,819 million euros in the first half of 2024. It mostly included restructuring and other non-recurring charges in relation to the Genesis transformation plan, as well as litigation provisions.

    Financial income
    Net financial expense was -202 million euros in the first half of 2025, compared to -175 million euros in the first half of 2024, reflecting the new debt structure of the Group and the fair value adjustment of the net debt.

    Tax
    Tax charge stood at -41 million euros in the first half of 2025, compared to -62 million euros in the first half of 2024.

    Net result group share
    As a result of the above net result Group share was a loss of –696 million euros in the first half of 2025, compared to a loss of –1,941 million euros in the first half of 2024.

    Free cash flow

    Free cash flow for the period stood at –96 million euros for the period excluding changes in working capital actions (WCA), reflecting the following items:

    • Operating margin before depreciation and amortization (OMDA) of 309 million euros
    • Capex of –93 million euros, or 2.3% of revenues
    • Leases of –122 million euros
    • Change in working capital requirement (excluding WCA) of 167 million euros, mostly driven by lower activity in the first half of 2025
    • Cash restructuring of –154 million euros, in relation to the Genesis transformation plan
    • Tax paid of -13 million euros
    • Net cash cost of debt of –80 million euros, including 18 million euros of financial income
    • Other items for –109 millions, that included litigation and onerous contracts

    Net debt and debt covenants

    At June 30, 2025, net debt was 1,681 million euros (746 million euros including IFRS 9 debt fair value adjustment), compared to 1,238 million euros as of December 31, 2024 (275 million euros including IFRS 9 debt fair value adjustment), and mainly consisted of:

    • Cash and cash equivalents for 1,364 million euros
    • Borrowings for 3,057 million euros (nominal value, excluding PIK) or 2,186 million euros including IFRS 9 fair value adjustment and PIK

    The new credit documentation requires the Group to maintain:

    • from 31 March 2025, a minimum liquidity level of €650 million, to be verified at the end of each financial quarter
    • from 30 June 2027, as from each half-year end, a maximum level of financial leverage (“Total Net Leverage Ratio Covenant”), which is defined as the ratio of Financial indebtedness (mainly excluding IFRS 16 impacts and IFRS 9 debt fair value treatment) to pre-IFRS 16 OMDA; the ceilings thus applicable will be determined no later than 30 June 2026 with reference to a flexibility of 30% in relation to the Business Plan adopted by the Group at that time; these ceilings will in any event remain between 3.5x and 4.0x.

    As of June 30, 2025, the Group financial leverage ratio (as defined in glossary) was 4.0x.

    Outlook

    The Group confirms its full year 2025 targets:

    • c. 8.5 billion euros revenue3
    • around 4% operating margin
    • net change in cash4 before debt repayment of c. -350 million euros

    The long-term financial trajectory also remains unchanged.

    In 2026, the Group expects to generate positive organic growth and net change in cash4 before debt repayment and M&A.

    In 2028, with the assumption of a disposal of Advanced Computing in FY 2026 and a progressive reduction of its geographic footprint, the Group expects:

    • to grow revenues organically to between 8.5 and 9 billion euros, representing a 5-7% CAGR between 2025 and 2028. Strategic, targeted and disciplined M&A could further increase revenue to up to 9 to 10 billion euros
    • to reach an operating margin of around 10%, supported by cost reduction measures and structural visible growth, partially offset by an acceleration of R&D investments
    • to achieve a leverage ratio below 1.5x net debt/OMDAL5. On the path to an investment grade rating, the Group expects to achieve a BB profile in 2027

    Sale of Advanced Computing

    On July 31, 2025, Atos Group signed a share purchase agreement with the French State for the sale of its Advanced Computing business, excluding Vision AI activities, for an enterprise value (EV) of €410 million, including €110m earn-outs that are based on profitability indicators for fiscal years 2025 (€50 million potential earn-out that should be paid upon closing) and 2026 (€60 million additional potential earn-out). This EV is in line with the confirmatory offer received from the French State on June 2, 2025 which has been approved by Atos Group Board of Directors.

    Atos Advanced Computing business regroups the High-Performance Computing (HPC) & Quantum as well as the Business Computing & Artificial intelligence divisions. The transaction perimeter is expected to generate revenue of circa €0.8 billion in 2025.

    The French State will become the new shareholder of these activities, further supporting the business and its development over the long term.

    Social processes for the signing of the SPA agreement are closed. The transaction is expected to close over H1 2026 once the carveout is completed and relevant authorizations have been received.

    Interim condensed consolidated financial statements

    Atos Group Board of Directors in its meeting held on July 31, 2025, has reviewed the Group interim condensed consolidated financial statements closed at June 30, 2025. The Statutory Auditors have completed their usual limited review of the half-year condensed consolidated financial statements and issued their unqualified report.

    Conference call

    Atos Group’s Management invites you to attend the first half 2025 results conference call on Friday, August 1st, 2025, at 08:00 am (CET – Paris).

    You can join the webcast of the conference via the following link:

    https://edge.media-server.com/mmc/p/mz677p34

    If you want to join the conference by telephone, please register via this link:

    https://register-conf.media-server.com/register/BIc7cb4acc36ee4ddbbe4878cdc98936fa

    Upon registration, you will receive the dial-in info and a unique PIN to join the call as well as an email confirmation with the details.

    After the conference, a replay of the webcast will be available on atos.net, in the Investors section.

    Forthcoming events

    October 20, 2025 (After Market Close) Third quarter 2025 revenue

    APPENDIX

    H1 2024 revenue and operating margin at constant scope and exchange rates reconciliation

    For the analysis of the Group’s performance, revenue and OM for H1 2025 is compared with H1 2024 revenue and OM at constant scope and foreign exchange rates. Reconciliation between the H1 2024 reported revenue and OM, and the H1 2024 revenue and OM at constant scope and foreign exchange rates is presented below, by segment.

    H1 2024 revenue H1 2024 published Restatement H1 2024 restated Internal transfers Scope effects Exchange rates effects H1 2024*
    In € million
    ATOS 4,259 234 4,493 -3 -85 -13 4,391
    Germany, Austria & Central Europe 779 62 841 0 -11 0 831
    USA & Canada 949 38 987 0 0 -9 978
    France 686 39 725 -4 -58 0 663
    UK & Ireland 791 17 808 0 0 13 821
    International Markets 675 27 702 0 -16 -17 668
    BNN Benelux & the Nordics 375 49 424 1 0 0 425
    Global Delivery Centers 4 2 6 0 0 0 6
    Eviden 705 -234 471 3 0 0 474
    Global Structures –  – 
    Group Total 4,964 0 4,964 0 -86 -13 4,865
    H1 2024 Operating Margin H1 2024 published Restatement H1 2024 restated Internal transfers Scope effects Exchange rates effects H1 2024*
    In € million
    ATOS 175 -1 174 1 -15 12 173
    Germany, Austria & Central Europe -16 2 -14 -2 -2 7 -11
    USA & Canada 97 0 96 0 0 -4 92
    France 14 -2 12 2 -10 5 9
    UK & Ireland 47 0 47 0 0 1 48
    International Markets 40 0 40 0 -3 2 39
    BNN Benelux & the Nordics -4 3 -1 -3 0 3 -1
    Global Delivery Centers -3 -3 -6 3 0 -1 -3
    Eviden -16 2 -14 -2 0 -13 -30
    Global Structures -44 -1 -45 1 0 -1 -45
    Group Total 115 0 115 0 -15 -2 98

    *: at constant scope and June 2025 average exchange rates

    Restatement corresponds to the transfer of Cybersecurity Services from Eviden to Atos.

    Scope effects amounted to €-86 million. They related to the divesture of Worldgrid in France, International Markets (Iberia) and Germany.

    Currency effects negatively contributed to revenue of -13 million. They mostly came from the depreciation of the US dollar, the Brazilian real, the Argentinian peso and the Turkish lira, partially compensated by the appreciation of the British pound.

    Q1 2024 revenue at constant scope and exchange rates reconciliation

    For the analysis of the Group’s performance, revenue for Q1 2025 is compared with Q1 2024 revenue at constant scope and foreign exchange rates.

    Q1 2024 revenue Q1 2024 published Restatement Q1 2024 restated Internal transfers Scope effects Exchange rates effects Q1 2024*
    In € million
    ATOS 2,155 118 2,273 -1 -43 22 2,251
    Germany, Austria & Central Europe 385 30 416 0 -6 0 410
    USA & Canada 474 20 493 0 0 15 509
    France 354 20 375 -2 -30 0 343
    UK & Ireland 410 9 419 0 0 10 430
    International Markets 339 14 352 0 -8 -4 341
    BNN Benelux & the Nordics 190 25 215 0 0 0 215
    Global Delivery Centers 2 1 3 0 0 0 3
    Eviden 324 -118 206 1 0 1 207
    Global Structures 0 0 0 0 0 0 0
    Group Total 2,479 0 2,479 0 -44 23 2,458

    * at constant scope and June 2025 average exchange rates

    Q2 2024 revenue at constant scope and exchange rates reconciliation

    For the analysis of the Group’s performance, revenue for Q2 2025 is compared with Q2 2024 revenue at constant scope and foreign exchange rates.

    Q2 2024 revenue Q2 2024 published Restatement Q2 2024 restated Internal transfers Scope effects Exchange rates effects Q2 2024*
    In € million 
    ATOS 2,105 116 2,220 -2 -42 -35 2,140
    Germany, Austria & Central Europe 394 31 425 0 -5 0 420
    USA & Canada 476 18 494 0 0 -24 470
    France 331 18 350 -2 -28 0 320
    UK & Ireland 380 9 389 0 0 2 391
    International Markets 337 13 350 0 -8 -13 327
    BNN Benelux & the Nordics 184 25 209 0 0 0 210
    Global Delivery Centers 2 1 3 0 0 0 3
    Eviden 381 -116 265 2 0 0 266
    Global Structures
    Group Total 2,486 0 2,486 0 -42 -36 2,407

    * at constant scope and June 2025 average exchange rates

    Q1 2025 and Q2 2025 revenue according to the new Group reporting structure

    In € million  Q1 2025 Revenue Q1 2024*   Revenue Organic variation* Q2 2025 Revenue Q2 2024*   Revenue Organic variation*  
     
    ATOS 1,861 2,251 -17.3% 1,742 2,140 -18.6%  
    Germany, Austria & Central Europe 385 410 -6.1% 382 420 -9.1%  
    USA & Canada 370 509 -27.3% 324 470 -31.0%  
    France 304 343 -11.4% 287 320 -10.2%  
    UK & Ireland 302 430 -29.6% 280 391 -28.4%  
    International Markets 290 341 -14.8% 271 327 -17.1%  
    BNN Benelux & the Nordics 206 215 -4.4% 196 210 -6.4%  
    Global Delivery Centers 2 3 -10.6% 2 3 -23.9%  
    Eviden 208 207 0.1% 210 266 -21.3%  
    Global Structures  
    Group total 2,068 2,458 -15.9% 1,952 2,407 -18.9%  

    * at constant scope and June 2025 average exchange rates

    H1 2025 consolidated Profit & Loss Account

    (in € million) 6 months ended June 30, 2025 6 months ended June 30, 2024
    Revenue 4,020 4,964
    Personnel expense -2,115 -2,615
    Non-personnel operating expense -1,792 -2,235
    Operating margin 113 115
    % of revenue 2.8% 2.3%
    Other operating income and expense -566 -1,819
    Operating income (loss) -452 -1,704
    % of revenue -11.3% -34.3%
    Net cost of financial debt -162 -73
    Other financial expense -62 -135
    Other financial income 22 33
    Net financial income (expense) -202 -175
    Net income (loss) before tax -654 -1,879
    Tax charge -41 -62
    Net income (loss) -695 -1,941
    Of which:    
    ▪ attributable to owners of the parent -696 -1,941
    ▪ non-controlling interests 1 0

    H1 2025 Consolidated Cash Flow Statement

    in € million 6 months ended
    June 30, 2025
    6 months ended
    June 30, 2024
    Net income (loss) before tax -654 -1,879
    Depreciation of fixed assets 134 125
    Depreciation of right-of-use 99 138
    Net addition (release) to operating provisions -1 -10
    Net addition (release) to financial provisions 6 28
    Net addition (release) to other operating provisions 199 -55
    Amortization of intangible assets (PPA from acquisitions) 12 29
    Impairment of goodwill and other non-current assets 24 1 570
    Losses (gains) on disposals of non-current assets 3 71
    Net charge for equity-based compensation 3
    Unrealized losses (gains) on changes in fair value and other -1
    Net cost of financial debt 162 73
    Interests on lease liability 15 19
    Net cash from (used in) operating activities
    before change in working capital requirement and taxes
    -3 111
    Tax paid -13 -45
    Change in working capital requirement 43 -1 477
    Net cash from (used in) operating activities 28 -1,411
    Payment for tangible and intangible assets -93 -278
    Proceeds from disposals of tangible and intangible assets 5
    Net operating investments -93 -273
    Amounts paid for acquisitions and long-term investments -10
    Net proceeds from disposals of financial investments 1 -1
    Net long-term financial investments 1 -11
    Net cash from (used in) investing activities -92 -284
    Common stock issued 1
    Purchase and sale of treasury stock -1
    Dividends paid* -12
    Dividends paid to non-controlling interests -2
    Lease payments -122 -159
    New borrowings 470
    Repayment of borrowings -10
    Interests paid -80 -53
    Other flows related to financing activities -6 -77
    Net cash from (used in) financing activities -207 155
    Increase (decrease) in net cash and cash equivalents -271 -1,540
    Opening net cash and cash equivalents 1,739 2,295
    Increase (decrease) in net cash and cash equivalents -271 -1,540
    Impact of exchange rate fluctuations on cash and cash equivalents -104 4
    Closing net cash and cash equivalents 1,364 759

    H1 2025 Balance Sheet

    (in € million) June 30,
    2025
    December 31, 2024
    ASSETS    
    Goodwill 574 653
    Intangible assets 306 349
    Tangible assets 524 580
    Right-of-use assets 466 550
    Equity-accounted investments 12 12
    Non-current financial assets 98 131
    Deferred tax assets 213 184
    Total non-current assets 2,193 2,458
    Trade accounts and notes receivable 2,190 2,435
    Current taxes 90 102
    Other current assets 1,340 1,510
    Current financial instruments 0 2
    Cash and cash equivalents 1,364 1,739
    Total current assets 4,984 5,788
    TOTAL ASSETS 7,176 8,246
    (in € million) June 30,
    2025
    December 31, 2024
    LIABILITIES AND SHAREHOLDERS’ EQUITY    
    Common stock 19 18
    Additional paid-in capital 1,887 1,887
    Consolidated retained earnings -1,302 -1,354
    Net income (loss) attributable to the owners of the parent -696 248
    Equity attributable to the owners of the parent -91 799
    Non-controlling interests 1
    Total shareholders’ equity -91 799
    Provisions for pensions and similar benefits 664 782
    Non-current provisions 465 345
    Borrowings 2,174 2,089
    Deferred tax liabilities 138 69
    Non-current lease liabilities 438 498
    Other non-current liabilities 4 3
    Total non-current liabilities 3,884 3,787
    Trade accounts and notes payable 971 1,018
    Current taxes 66 75
    Current provisions 386 315
    Current portion of borrowings 11 17
    Current lease liabilities 190 207
    Other current liabilities 1,759 2,028
    Total current liabilities 3,383 3,660
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 7,176 8,246

    Glossary

    Operational capital employed: Operational capital employed comprises net fixed assets and net working capital but excludes goodwill and net assets held for sale.

    Current and non-current assets or liabilities: A current and non-current distinction is made between assets and liabilities on the consolidated statement of financial position. Atos has classified as current assets and liabilities those assets and liabilities that Atos expects to realize, use or settle during its normal cycle of operations, which can extend beyond 12 months following the period end. Current assets and liabilities, excluding the current portion of borrowings, lease liabilities and provisions, and current financial instruments represent the Group working capital requirement.

    DSO: (Days of Sales Outstanding). DSO is the amount of trade accounts receivable (including contract assets) expressed in days of revenue (on a last-in, first-out basis). The number of days is calculated in accordance with the Gregorian calendar.

    Organic growth: Organic growth represents the percent growth of a unit based on a constant scope and exchange rates basis.

    CAGR: The Compound Annual Growth Rate reflects the mean annual growth rate over a specified period of time longer than one year. It is calculating by dividing the value at the end of the period in question by its value at the beginning of that period, raise the result to the power of one divided by the period length, and subtract one from the subsequent result. As an example:

    2019-2021 revenue CAGR = (Revenue 2021 / Revenue 2018) (1/3) -1

    Operating margin: Operating margin equals to External Revenues less personnel and operating expense. It is calculated before Other Operating Income and Expense as defined below.

    Other operating income and expense: 

    Other operating income and expense include:

    • the amortization and impairment of intangible assets recognized as part of business combinations such as customer relationships, technologies and goodwill
    • when accounting for business combinations, the Group may record provisions in the opening statement of financial position for a period of 12 months beyond the business combination date. After the 12-month period, unused provisions arising from changes in circumstances are released through the income statement under “Other operating income and expense”
    • the cost of acquiring and integrating newly controlled entities, including earn out with or without presence conditions
    • the net gains or losses on disposals of consolidated companies or businesses
    • the fair value of shares granted to employees including social contributions
    • the restructuring and rationalization expense relating to business combinations or qualified as unusual, infrequent and abnormal. When a restructuring plan qualifies for Other operating income and expense, the related real estate rationalization & associated costs regarding premises are presented on the same line
    • the curtailment effects on restructuring costs and the effects of plan amendments on defined benefit plans resulting from triggering events that are not under control of Atos management
    • the net gain or loss on tangible and intangible assets that are not part of Atos core-business such as real estate
    • other unusual, abnormal and infrequent income or expense such as major disputes or litigation.

    Gross margin and indirect costs: Gross margin is composed of revenue less the direct costs of goods sold. Direct costs relate to the generation of products and/or services delivered to customers, while indirect costs include all costs related to indirect staff (defined hereafter), which are not directly linked to the realization of the revenue. The operating margin comprises gross margin less indirect costs.

    EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization): for Atos, EBITDA is based on Operating Margin less non-cash items and is referred to as OMDA (Operating Margin before Depreciation and Amortization).

    OMDA (Operating Margin before Depreciation and Amortization) is calculated as follows:

    Operating margin:

    • less – Depreciation of fixed assets (as disclosed in the “financial report”)
    • less – Depreciation of right of use (as disclosed in the “financial report”)
    • less – Net charge (release) of provisions (composed of net charge of provisions for current assets and net charge of provisions for contingencies and losses, both disclosed in the “financial report”)
    • less – Net charge (release) of provisions for pensions (as disclosed in the “financial report”).

    OMDAL: OMDA – lease repayments.

    Gearing: The proportion, expressed as a percentage of net debt to total shareholders’ equity (Group share and minority interests).

    Interest cover ratio: Operating margin divided by the net cost of financial debt, expressed as a multiple.

    Leverage ratio: Net debt (before changes in working capital actions and IFRS 9 fair value adjustment) / OMDAL rolling 12-months.

    Operating income (loss): Operating income (loss) comprises net income (loss) before deferred and current income taxes, net financial income (expense), and share of net profit (loss) of equity-accounted investments.

    Cash flow from operations: Cash flow coming from the operations and calculated as a difference between OMDA, net capital expenditures, lease payment and change in working capital requirement.

    Net cash or net debt: Net cash or net debt comprises total borrowings (bonds, short term and long-term loans, securitization and other borrowings), short-term financial assets and liabilities bearing interest with maturity of less than 12 months, less cash and cash equivalents. Liabilities associated with lease contracts and derivatives are excluded from the net debt.

    Free Cash Flow (FCF): The Free Cash Flow represents the change in net cash or net debt, excluding capital increase, share buyback, dividends paid to shareholders and non-controlling interests, net acquisition or disposal of companies.

    Earnings (loss) per share (EPS): Basic EPS is the net income (loss) divided by the weighted-average number of common shares outstanding during the period. Diluted EPS is the net income (loss) divided by the diluted weighted-average number of common shares for the period (number of shares outstanding + dilutive instruments with dilutive effect).

    Revenue: Revenue related to Atos’ sales to third parties (excluding VAT).

    TCV (Total Contract Value): The Total Value of a Contract at signature (prevision or estimation) over its duration represents the firm order and contractual part of the contract excluding any clause on the decision of the client, as anticipated withdrawal clause, additional option or renewal.

    Order entry/bookings: The TCV, orders or amendments signed during a defined period. When an offer is won (contract signed), the total contract value is added to the backlog and the order entry is recognized.

    Book-to-bill: The Book-to-Bill is the ratio expressed in percentage of the order entry in a period divided by revenue of the same period.

    Backlog/Order cover: The value of signed contracts, orders and amendments that remain to be recognized over their contract lives.

    Pipeline: The value of revenues that may be earned from outstanding commercial proposals issued to clients. Qualified pipeline applies an estimated percentage likelihood of proposal success.

    Direct Staff: Direct staff includes permanent staff and subcontractors, whose work is billable to a third party.

    Indirect staff: Indirect staff includes permanent staff or subcontractors, who are not billable to clients. Indirect staff is not directly involved in the generation of products and/or services delivered to clients.

    Disclaimer

    This document contains forward-looking statements that involve risks and uncertainties, including references, concerning the Group’s expected growth and profitability in the future which may significantly impact the expected performance indicated in the forward-looking statements. These risks and uncertainties are linked to factors out of the control of the Company and not precisely estimated, such as market conditions or competitors’ behaviors. Any forward-looking statements made in this document are statements about Atos’s beliefs and expectations and should be evaluated as such. Forward-looking statements include statements that may relate to Atos’s plans, objectives, strategies, goals, future events, future revenues or synergies, or performance, and other information that is not historical information. Actual events or results may differ from those described in this document due to a number of risks and uncertainties that are described within the 2024 Universal Registration Document filed with the Autorité des Marchés Financiers (AMF) on April 10, 2025 under the registration number D.25-0238. Atos does not undertake, and specifically disclaims, any obligation or responsibility to update or amend any of the information above except as otherwise required by law.

    This document does not contain or constitute an offer of Atos’s shares for sale or an invitation or inducement to invest in Atos’s shares in France, the United States of America or any other jurisdiction. This document includes information on specific transactions that shall be considered as projects only. In particular, any decision relating to the information or projects mentioned in this document and their terms and conditions will only be made after the ongoing in-depth analysis considering tax, legal, operational, finance, HR and all other relevant aspects have been completed and will be subject to general market conditions and other customary conditions, including governance bodies and shareholders’ approval as well as appropriate processes with the relevant employee representative bodies in accordance with applicable laws.

    About Atos Group

    Atos Group is a global leader in digital transformation with c. 70,000 employees and annual revenue of c. € 10 billion, operating in 67 countries under two brands — Atos for services and Eviden for products. European number one in cybersecurity, cloud and high-performance computing, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Contact

    Investor relations: investors@atos.net

    Individual shareholders: +33 8 05 65 00 75

    Media relations: globalprteam@atos.net


    1 Excluding change in Working Capital Actions

    2 Excluding change in Working Capital Actions

    3 At Dec 31, 2024 currency

    4 At constant currency

    5 Defined as Operating Margin before Depreciations, Amortization and Leases

    Attachment

    The MIL Network