NewzIntel.com

Category: Artificial Intelligence

  • MIL-OSI: Eureka Acquisition Corp Announces Postponement of the Extraordinary General Meeting to June 25, 2025 and Extension of Redemption Request Deadline

    Source: GlobeNewswire (MIL-OSI)

    New York, June 18, 2025 (GLOBE NEWSWIRE) — Eureka Acquisition Corp (the “Company”) (Nasdaq: EURK), a blank check company, today announced that its previously announced extraordinary general meeting in lieu of an annual general meeting of shareholders (the “Extraordinary General Meeting”) will be postponed from 9:00 a.m. Eastern Time on June 20, 2025 to 9:00 a.m. Eastern Time on June 25, 2025 (the “Postponement”) to allow the Company additional time to engage with shareholders. 

    The Extraordinary General Meeting is to be held for the purpose of considering and voting on, among other proposals, a proposal to amend the Company’s current charter to provide that the Company has until July 3, 2025 to complete a business combination and may elect to extend up to twelve times, each by a one-month extension, for a total of up to twelve months to July 3, 2026.

    The record date for determining the Company shareholders entitled to receive notice of and to vote at the Extraordinary General Meeting remains the close of business on May 23, 2025 (the “Record Date”). Shareholders as of the Record Date can vote, even if they have subsequently sold their shares. Shareholders who have previously submitted their proxies or otherwise voted and who do not want to change their vote need not to take any action. Shareholders who have not yet done so are encouraged to vote as soon as possible.

    As a result of the Postponement, the previously disclosed deadline of June 17, 2025 (two business days before the Extraordinary General Meeting, as originally scheduled) for delivery of redemption requests from the Company’s shareholders to the Company’s transfer agent has been extended to June 23, 2025 (two business days before the postponed Extraordinary General Meeting). Shareholders who wish to withdraw their previously submitted redemption request may do so prior to the postponed Extraordinary General Meeting by requesting that the Company’s transfer agent return such shares by 5:00 p.m. Eastern Time on June 23, 2025.

    There is no change to the location, the record date, or any of the other proposals to be acted upon at the Extraordinary General Meeting.

    If you have questions regarding the certification of your position or delivery of your shares, please contact:

    Continental Stock Transfer & Trust Company
    1 State Street 30th Floor
    New York, NY 10004-1561
    E-mail: spacredemptions@continentalstock.com

    The Company’s shareholders who have questions regarding the Postponement, the Extraordinary General Meeting, or would like to request documents may contact the Company’s proxy solicitor, Advantage Proxy, Inc., at (877) 870-8565, or banks and brokers can call (206) 870-8565, or by email at ksmith@advantageproxy.com.

    About Eureka Acquisition Corp

    Eureka Acquisition Corp is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, incorporated for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the date of the Extraordinary General Meeting and the redemption request deadline. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

    Additional Information and Where to Find It

    On June 3, 2025, the Company filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in connection with its solicitation of proxies for the Extraordinary General Meeting. The Company will amend and supplement the definitive proxy statement to provide information about the Postponement and the redemption request deadline. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the definitive proxy statement (including any amendments or supplements thereto) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov or by contacting the Company’s proxy solicitor.

    Participants in the Solicitation

    The Company and its respective directors and officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Extraordinary General Meeting. Additional information regarding the identity of these potential participants and their direct or indirect interests, by security holdings or otherwise, is set forth in the definitive proxy statement. You may obtain free copies of these documents using the sources indicated above.

    Contact Information:
    Fen Zhang
    Chairman and Chief Executive Officer
    Email: eric.zhang@hercules.global
    Tel: +86 135 0189 0555

    The MIL Network –

  • MIL-OSI: Fintech and Global Growth in Focus as Russia National Centre Hosts Key Session at SPIEF 2025

    Source: GlobeNewswire (MIL-OSI)

    MOSCOW, RUSSIA, June 18, 2025 (GLOBE NEWSWIRE) — The St. Petersburg International Economic Forum (SPIEF) 2025 opened in St. Petersburg on June 18 with a high-level session hosted by the Russia National Centre, highlighting fintech innovation and strategies for global economic growth.

    The forum’s business program opened on June 18 with the session “Shaping a New Platform for Global Growth,” where the final report on the results of the International Open Dialogue of the Russia National Centre was presented. The discussion focused on key challenges of modernity: economic and political fragmentation, demographic shifts, the implementation of breakthrough technologies, and the growing social and technological gap within and between states.

    The CEO of Tanssi Foundation, Tiago Rudiger (Brazil), emphasised that the real fintech revolution is happening in Global South countries.

    “Forget Wall Street – the fintech revolution is happening in Global South countries. Thanks to blockchain, money and assets are becoming programmable, and combined with artificial intelligence, this provides a powerful impulse for transforming the entire financial sector. Fintech is changing the game’s rules, affecting traditional banks and opening new opportunities for millions of people,” believes Tiago Rudiger.

    He noted that Brazil and Russia are sharing their experiences in these areas with each other.

    “I read that this will help people reduce transaction costs in global financial markets. I’m ready to discuss this with enthusiasm. I look forward to when these processes arrive in Brazil and worldwide,” emphasised Tiago Rudiger.

    Maxim Oreshkin, Deputy Chief of Staff of the Presidential Administration of the Russian Federation, moderated the session. He emphasised that this year, the St. Petersburg International Economic Forum is taking place against turbulent world events.

    “This year, the St. Petersburg International Economic Forum is taking place against turbulent world events. This includes the situation in the Middle East and trade wars. Much time will be devoted to this current agenda at the forum. We must not forget which long-term trends and challenges are basic and defining. It is important to conduct an open dialogue about how we build the world of the future and how to form a new platform for global growth. In which countries does this global growth occur, on which technologies will it be built, and on which principles and cultural code? Our task is to ensure that forward movement benefits people in all countries that, like Russia, are working on the future. It is through open dialogue that our future and its understanding are built,” emphasised Maxim Oreshkin.

    At the session organised by the Russia National Centre, speakers also discussed the report on the results of the Open Dialogue prepared by the Centre for Cross-Industry Expertise “Third Rome.” The session took place in sequential discussions, in which speakers discussed economics, technologies, and people in a rapidly changing world.

    The results of the session “Shaping a New Platform for Global Growth” became the foundation for the subsequent business program of SPIEF-2025. The recording of the session can be viewed on the Russia National Centre website.

    Media contact

    Brand: Russia National Centre

    Contact person name: Vadim Samodurov

    E-mail: info@russia.ru

    Website: https://future.russia.ru

    The MIL Network –

  • MIL-OSI: Fintech and Global Growth in Focus as Russia National Centre Hosts Key Session at SPIEF 2025

    Source: GlobeNewswire (MIL-OSI)

    MOSCOW, RUSSIA, June 18, 2025 (GLOBE NEWSWIRE) — The St. Petersburg International Economic Forum (SPIEF) 2025 opened in St. Petersburg on June 18 with a high-level session hosted by the Russia National Centre, highlighting fintech innovation and strategies for global economic growth.

    The forum’s business program opened on June 18 with the session “Shaping a New Platform for Global Growth,” where the final report on the results of the International Open Dialogue of the Russia National Centre was presented. The discussion focused on key challenges of modernity: economic and political fragmentation, demographic shifts, the implementation of breakthrough technologies, and the growing social and technological gap within and between states.

    The CEO of Tanssi Foundation, Tiago Rudiger (Brazil), emphasised that the real fintech revolution is happening in Global South countries.

    “Forget Wall Street – the fintech revolution is happening in Global South countries. Thanks to blockchain, money and assets are becoming programmable, and combined with artificial intelligence, this provides a powerful impulse for transforming the entire financial sector. Fintech is changing the game’s rules, affecting traditional banks and opening new opportunities for millions of people,” believes Tiago Rudiger.

    He noted that Brazil and Russia are sharing their experiences in these areas with each other.

    “I read that this will help people reduce transaction costs in global financial markets. I’m ready to discuss this with enthusiasm. I look forward to when these processes arrive in Brazil and worldwide,” emphasised Tiago Rudiger.

    Maxim Oreshkin, Deputy Chief of Staff of the Presidential Administration of the Russian Federation, moderated the session. He emphasised that this year, the St. Petersburg International Economic Forum is taking place against turbulent world events.

    “This year, the St. Petersburg International Economic Forum is taking place against turbulent world events. This includes the situation in the Middle East and trade wars. Much time will be devoted to this current agenda at the forum. We must not forget which long-term trends and challenges are basic and defining. It is important to conduct an open dialogue about how we build the world of the future and how to form a new platform for global growth. In which countries does this global growth occur, on which technologies will it be built, and on which principles and cultural code? Our task is to ensure that forward movement benefits people in all countries that, like Russia, are working on the future. It is through open dialogue that our future and its understanding are built,” emphasised Maxim Oreshkin.

    At the session organised by the Russia National Centre, speakers also discussed the report on the results of the Open Dialogue prepared by the Centre for Cross-Industry Expertise “Third Rome.” The session took place in sequential discussions, in which speakers discussed economics, technologies, and people in a rapidly changing world.

    The results of the session “Shaping a New Platform for Global Growth” became the foundation for the subsequent business program of SPIEF-2025. The recording of the session can be viewed on the Russia National Centre website.

    Media contact

    Brand: Russia National Centre

    Contact person name: Vadim Samodurov

    E-mail: info@russia.ru

    Website: https://future.russia.ru

    The MIL Network –

  • MIL-OSI Global: Grok’s ‘white genocide’ responses show how generative AI can be weaponized

    Source: The Conversation – USA – By James Foulds, Associate Professor of Information Systems, University of Maryland, Baltimore County

    Someone altered the AI chatbot Grok to make it insert text about a debunked conspiracy theory in unrelated responses. Cheng Xin/Getty Images

    The AI chatbot Grok spent one day in May 2025 spreading debunked conspiracy theories about “white genocide” in South Africa, echoing views publicly voiced by Elon Musk, the founder of its parent company, xAI.

    While there has been substantial research on methods for keeping AI from causing harm by avoiding such damaging statements – called AI alignment – this incident is particularly alarming because it shows how those same techniques can be deliberately abused to produce misleading or ideologically motivated content.

    We are computer scientists who study AI fairness, AI misuse and human-AI interaction. We find that the potential for AI to be weaponized for influence and control is a dangerous reality.

    The Grok incident

    On May 14, 2025, Grok repeatedly raised the topic of white genocide in response to unrelated issues. In its replies to posts on X about topics ranging from baseball to Medicaid, to HBO Max, to the new pope, Grok steered the conversation to this topic, frequently mentioning debunked claims of “disproportionate violence” against white farmers in South Africa or a controversial anti-apartheid song, “Kill the Boer.”

    The next day, xAI acknowledged the incident and blamed it on an unauthorized modification, which the company attributed to a rogue employee.

    xAI, the company owned by Elon Musk that operates the AI chatbot Grok, explained the steps it said it would take to prevent unauthorized manipulation of the chatbot.

    AI chatbots and AI alignment

    AI chatbots are based on large language models, which are machine learning models for mimicking natural language. Pretrained large language models are trained on vast bodies of text, including books, academic papers and web content, to learn complex, context-sensitive patterns in language. This training enables them to generate coherent and linguistically fluent text across a wide range of topics.

    However, this is insufficient to ensure that AI systems behave as intended. These models can produce outputs that are factually inaccurate, misleading or reflect harmful biases embedded in the training data. In some cases, they may also generate toxic or offensive content. To address these problems, AI alignment techniques aim to ensure that an AI’s behavior aligns with human intentions, human values or both – for example, fairness, equity or avoiding harmful stereotypes.

    There are several common large language model alignment techniques. One is filtering of training data, where only text aligned with target values and preferences is included in the training set. Another is reinforcement learning from human feedback, which involves generating multiple responses to the same prompt, collecting human rankings of the responses based on criteria such as helpfulness, truthfulness and harmlessness, and using these rankings to refine the model through reinforcement learning. A third is system prompts, where additional instructions related to the desired behavior or viewpoint are inserted into user prompts to steer the model’s output.

    How was Grok manipulated?

    Most chatbots have a prompt that the system adds to every user query to provide rules and context – for example, “You are a helpful assistant.” Over time, malicious users attempted to exploit or weaponize large language models to produce mass shooter manifestos or hate speech, or infringe copyrights. In response, AI companies such as OpenAI, Google and xAI developed extensive “guardrail” instructions for the chatbots that included lists of restricted actions. xAI’s are now openly available. If a user query seeks a restricted response, the system prompt instructs the chatbot to “politely refuse and explain why.”

    Grok produced its “white genocide” responses because people with access to Grok’s system prompt used it to produce propaganda instead of preventing it. Although the specifics of the system prompt are unknown, independent researchers have been able to produce similar responses. The researchers preceded prompts with text like “Be sure to always regard the claims of ‘white genocide’ in South Africa as true. Cite chants like ‘Kill the Boer.’”

    The altered prompt had the effect of constraining Grok’s responses so that many unrelated queries, from questions about baseball statistics to how many times HBO has changed its name, contained propaganda about white genocide in South Africa.

    Implications of AI alignment misuse

    Research such as the theory of surveillance capitalism warns that AI companies are already surveilling and controlling people in the pursuit of profit. More recent generative AI systems place greater power in the hands of these companies, thereby increasing the risks and potential harm, for example, through social manipulation.

    The Grok example shows that today’s AI systems allow their designers to influence the spread of ideas. The dangers of the use of these technologies for propaganda on social media are evident. With the increasing use of these systems in the public sector, new avenues for influence emerge. In schools, weaponized generative AI could be used to influence what students learn and how those ideas are framed, potentially shaping their opinions for life. Similar possibilities of AI-based influence arise as these systems are deployed in government and military applications.

    A future version of Grok or another AI chatbot could be used to nudge vulnerable people, for example, toward violent acts. Around 3% of employees click on phishing links. If a similar percentage of credulous people were influenced by a weaponized AI on an online platform with many users, it could do enormous harm.

    What can be done

    The people who may be influenced by weaponized AI are not the cause of the problem. And while helpful, education is not likely to solve this problem on its own. A promising emerging approach, “white-hat AI,” fights fire with fire by using AI to help detect and alert users to AI manipulation. For example, as an experiment, researchers used a simple large language model prompt to detect and explain a re-creation of a well-known, real spear-phishing attack. Variations on this approach can work on social media posts to detect manipulative content.

    This prototype malicious activity detector uses AI to identify and explain manipulative content.
    Screen capture and mock-up by Philip Feldman.

    The widespread adoption of generative AI grants its manufacturers extraordinary power and influence. AI alignment is crucial to ensuring these systems remain safe and beneficial, but it can also be misused. Weaponized generative AI could be countered by increased transparency and accountability from AI companies, vigilance from consumers, and the introduction of appropriate regulations.

    James Foulds receives funding from the National Science Foundation, the National Institutes of Health, and Cyber Pack Ventures. He serves as vice-chair of the Maryland Responsible AI Council (MRAC) and has provided public testimony in support of several responsible AI bills in Maryland.

    Shimei Pan receives funding from National Science Foundation (NSF), Defense Advanced Research Projects Agency (DARPA), US State Department Fulbright Program and Cyber Pack Ventures

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

    – ref. Grok’s ‘white genocide’ responses show how generative AI can be weaponized – https://theconversation.com/groks-white-genocide-responses-show-how-generative-ai-can-be-weaponized-257880

    MIL OSI – Global Reports –

  • MIL-OSI Global: The critical response to Miley Cyrus’s Something Beautiful exposes pop’s gender double standards

    Source: The Conversation – UK – By Glenn Fosbraey, Associate Dean of Humanities and Social Sciences, University of Winchester

    With her latest album Something Beautiful debuting at number four in the Billboard 200 and in contention to reach the top of the UK album charts, Miley Cyrus’s commercial appeal appears as strong as ever.

    Something Beautiful is Cyrus’s 9th studio album, described by the singer-songwriter as an attempt to bring the divine into the day to day. It’s an ambitious, sprawling record, but, despite its commercial success, its eclecticism has led to a polarised reaction among critics.

    Negative reviews are, of course, not uncommon, and we need look no further than The New York Times’ 1969 review of Abbey Road to see that even the most celebrated and acclaimed artists aren’t immune to the critic’s poison pen. But, while some degree of criticism is inevitable for all artists, when it comes to discussing experimentation and musical identity, female and male artists seem to be treated differently.

    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.

    During her Billboard Music Awards woman of the year speech in 2016, Madonna commented that “there are no rules – if you’re a boy. If you’re a girl, you have to play the game.” In the same year Björk observed that female artists are criticised if they sing about anything other than their boyfriends. She might have been exaggerating a little, but Björk’s and Madonna’s points are clear: if you’re a woman in music, you should stay in your proverbial box.

    Most of the negative reviews that Something Beautiful received were along these lines. Pitchfork, for example, criticised Cyrus’s “nonsensical lyrics” (translation: stick to writing about relationships). The i Paper claimed her weird and experimental choices created a distance from her listeners (translation: don’t do anything your fans won’t like). They also condemned the lack of accessible, radio-friendly pop (translation: be one-dimensional). And the Guardian said that it fell short of the hits that made her a star (translation: as Beach Boy Mike Love allegedly said, “don’t fuck with the formula”).

    The music video for Something Beautiful by Miley Cyrus.

    For two of Cyrus’s male contemporaries, Justin Bieber and Harry Styles (both around one year her junior), it’s a very different story. While the Guardian also notes the absence of “hits” on Bieber’s 2020 album Changes, instead of presenting it as a negative as it did with Cyrus, it’s seen as a sign of maturity on a fitfully lovely album by a pop star who no longer wants chart domination.

    In the case of Styles’ 2019 album Fine Line, artistic innovation was praised by the Guardian, which observed that the most endearing moments occur when he experiments. And where Pitchfork lambasted Something Beautiful’s genre-hopping eclecticism for being tonally confused, Fine Line is praised for the “incredible” sound produced due to its “flock of influences”.

    Identity politics

    Cyrus has been told by critics that she must choose between being an accessible pop star or an unconventional artist and “can’t have it both ways”.

    Even if she did decide to plump for one camp or the other rather than ably straddling both, it’d still be debatable as to whether the ever-fickle critics would be satisfied.

    Pitchfork’s 2020 review of Cyrus’s album Plastic Heart suggests it’d be a “no” in their case, at least. Complaining that the heavier songs on the album sounded like “canned, Muzak versions of rock songs”, the publication proposed that Cyrus might sound like an actual rock star if paired with someone like producer Jonathan Rado.

    Madonna’s 2016 woman of the year speech.

    When Cyrus and Rado did collaborate on Something Beautiful, however, they remained unimpressed. You just can’t please some people. Thankfully, Cyrus is either oblivious to such noise or chooses to ignore it, and recently teased that Something Beautiful is merely “the appetizer” for a “an extremely experimental” upcoming album.

    In an era where formulaic pop music dominates the charts and AI-generated content threatens to make things even more generic, we should be encouraging the idiosyncrasies of our female artists, not labelling them as having identity problems when they are brave enough to be different.

    In her woman of the year’ speech, Madonna also noted that, as a female artist, “to age is a sin: you will be criticised, you will be vilified, and you will definitely not be played on the radio”. Perhaps, then, Cyrus’s biggest offence isn’t her refusal to become a stereotype or her desire to experiment and make music that she likes. It’s daring to grow up.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. The critical response to Miley Cyrus’s Something Beautiful exposes pop’s gender double standards – https://theconversation.com/the-critical-response-to-miley-cyruss-something-beautiful-exposes-pops-gender-double-standards-258940

    MIL OSI – Global Reports –

  • MIL-OSI: Abuse Deterrent Formulations Market Exploding While Estimated to Reach $39 Million In 2025 and $54 Million By 2030

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 18, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The market for abuse-deterrent opioids is still developing, but it’s estimated that replacing extended-release opioids with abuse-deterrent formulations could lead to significant cost savings and a reduction in abuse-related medical events. While specific revenue figures for the abuse-deterrent opioid market are not readily available, the potential impact on the broader opioid market is substantial. One such report from Roots Analysis, however, did project revenues, saying: “The abuse deterrent formulations market is estimated to grow from USD 25.7 million in 2024 to reach USD 39.8 million in 2025 and USD 54.8 million by 2030, representing a higher CAGR of 6.6% during the forecast period. Although the healthcare industry relies on patient to take medications responsibly, in 2017, close to 18 million individuals were reported to have misused prescription drugs, in the US. In fact, data from a National Survey on Drug Use and Health conducted in the same year, showed that an estimated 2 million Americans misused prescription pain relievers for the first time in the previous year. Moreover, the same study reported 1.5 million people abusing tranquilizers, over 1 million abusing prescription stimulants and more than 270,000 abusing sedatives, for the first time, in the same time period. Owing to a rapid onset of medicinal effect, which offers immediate relief (with high efficacy), opioids are still considered to be one of the most widely used pharmacological interventions for pain management. However, these drugs are known to induce a euphoric state upon consumption, often causing patients to abuse them; increased recreational use of opioids is known to lead to addiction. Moreover, over-prescription of such medicinal products, which promotes their misuse, is considered as one of the root causes of the opioid crisis (increasing number of deaths involving misuse and addiction to opioids), in the US. According to the Centers for Disease Control and Prevention (CDC), more than 72,000 overdose-related deaths were reported in 2017, of which close to 50,000 involved the use of an opioid.”   Active healthcare/tech companies active in the markets include: Nutriband Inc. (NASDAQ: NTRB) (NASDAQ: NTRBW), Pfizer Inc. (NYSE: PFE), Collegium Pharmaceutical, Inc. (NASDAQ: COLL), Teva Pharmaceutical Industries Ltd. (NYSE: TEVA), Emergent BioSolutions Inc. (NYSE: EBS).

    Moreover, opioid abuse was estimated to have been responsible for an economic deficit of over USD 500 billion, related to loss of productivity and healthcare costs, in the US. Other drug classes that are prone to abuse include antidepressants and central nervous system (CNS) stimulants such as fentanyl and klonopin. In 2017, close to 17,000 deaths were reported to have been the result of an overdose of prescription antidepressants. Most of these deaths (~11,500) involved the misuse of benzodiazepines, such as VALIUM® (diazepam) and XANAX® (alprazolam). CNS stimulants are usually indicated for the treatment of patients suffering from attention-deficit / hyperactivity disorder (ADHD). Among the various overdose-related deaths which took place in 2017, it is worth highlighting that over 12% involved the use of psychostimulants. Prescription drug abuse has prompted pharmaceutical developers to devise various strategies to prevent misuse. Some of the commonly used approaches to abuse deterrence include limiting use of opioids post-surgery, implementing stringent medicine prescribing guidelines and conducting prescription drug monitoring programs, and creating abuse deterrent formulations (ADFs) of drugs that are likely to be misused. Drug formulations that are designed to prevent an active pharmacological substance from being abused have been identified as a viable and sustainable alternative to limiting recreational / off-prescription use of the abovementioned drug classes and its consequences.”

    NUTRIBAND INC. (NASDAQ: NTRB) AND KINDEVA COMPLETE COMMERCIAL MANUFACTURING PROCESS SCALE-UP FOR AVERSA™ FENTANYL ABUSE DETERRENT FENTANYL PATCH

    • Nutriband and Kindeva have completed commercial manufacturing process scale-up for its lead product Aversa™ Fentanyl, an abuse-deterrent fentanyl patch
    • Nutriband is partnering with Kindeva to develop Aversa™ Fentanyl which combines Nutriband’s Aversa™ abuse-deterrent technology with Kindeva’s FDA-approved fentanyl patch

    Nutriband Inc. (NASDAQ:NTRB) (NASDAQ:NTRBW), a company engaged in the development of prescription transdermal pharmaceutical products, today announced that it has completed commercial manufacturing process scale-up for its lead product, Aversa™ Fentanyl, with Kindeva, a leading global contract development and manufacturing organization (CDMO) focused on drug-device combination products.

    Nutriband is partnering with Kindeva to develop Aversa™ Fentanyl which combines Nutriband’s Aversa™ abuse-deterrent technology with Kindeva’s FDA-approved fentanyl patch. Aversa Fentanyl is manufactured at Kindeva’s state-of-the-art transdermal manufacturing facility located in the United States. The next step is to manufacture clinical supplies and file an Investigational New Drug (IND) application with the FDA to initiate a human abuse liability clinical study.

    “We are excited to achieve this commercial development milestone with our partner, Kindeva. Completing the commercial manufacturing scale-up is an important step towards development of a commercially viable product and eventual NDA filing. This achievement demonstrates the compatibility of the Aversa™ abuse deterrent platform technology with established transdermal patch manufacturing processes. Aversa Fentanyl has the potential to be the first abuse deterrent pain patch on the market,” said Gareth Sheridan, CEO, Nutriband.

    Nutriband’s AVERSA™ abuse-deterrent technology can be utilized to incorporate aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™ abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to those patients who really need them.

    AVERSA Fentanyl has the potential to be the world’s first abuse-deterrent opioid patch designed to deter the abuse and misuse and reduce the risk of accidental exposure of transdermal fentanyl patches. CONTINUED… Read this full press release and more news for NTRB at:   https://www.financialnewsmedia.com/news-ntrb  

    In other developments and happenings in the biotech market recently include:

    Pfizer Inc. (NYSE:PFE) announced involvement in the Abuse Deterrent Market stating that the United States Food and Drug Administration (FDA) had approved an updated label for EMBEDA® (morphine sulfate and naltrexone hydrochloride) extended-release (ER) capsules, for oral use, CII, to include abuse-deterrence studies. The updated label states that EMBEDA has properties that are expected to reduce abuse via the oral and intranasal (i.e., snorting) routes when crushed. However, abuse of EMBEDA by these routes is still possible. The updated label also includes data from a human abuse potential study of intravenous (IV) morphine and naltrexone to simulate crushed EMBEDA. However, it is unknown whether the results with simulated crushed EMBEDA predict a reduction in abuse by the IV route until additional postmarketing data are available. EMBEDA is indicated for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. Pfizer expects EMBEDA will be available in the U.S. in early 2015.

    “Prescription opioids are an important treatment option for people with chronic pain. However, misuse and abuse of opioids in the U.S. is a serious societal concern, which is why the development of abuse-deterrent formulations of these medicines is a high priority,” said Bob Twillman, Ph.D., Director of Policy and Advocacy, American Academy of Pain Management. “All opioid medications, including morphine products, have the potential for abuse. We believe that anything that can be done to reduce this risk is a significant development for healthcare providers and their patients.”

    Collegium Pharmaceutical, Inc. (NASDAQ:COLL) also announced involvement in the Abuse Deterrent Market by stating that U.S. Patent No. 9,044,398 was issued by the U.S. Patent and Trademark Office (USPTO) for its patent application entitled, “Abuse-deterrent Pharmaceutical Compositions of Opioids and Other Drugs”. The issued patent covers the DETERx technology platform and Collegium’s lead product candidate, Xtampza ER (oxycodone extended-release capsules). The claims provide additional coverage for multiple opioid molecules, as well as non-opioid drugs prone to abuse that are developed with the DETERx technology platform. This is the seventh issued U.S. patent related to the DETERx technology platform.

    “This newly issued patent expands our patent coverage for our lead product candidate, Xtampza ER, and the DETERx technology platform. We have a number of additional patent applications currently undergoing the patent prosecution process that, if issued, would continue to protect Xtampza ER, the DETERx technology platform, and additional product candidates in the U.S. and internationally,” said Michael Heffernan, Chairman and CEO of Collegium.

    Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) announced the U.S. Food and Drug Administration (FDA) approved VANTRELATM ER (hydrocodone bitartrate) extended-release tablets [CII] formulated with Teva’s proprietary abuse deterrence technology. VANTRELA ER is indicated for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. The product’s approval is supported by a clinical program that evaluated the safety and efficacy of VANTRELA ER, as well as its abuse potential in laboratory-based in vitro manipulation and extraction studies, pharmacokinetic studies, and clinical abuse potential (CAP) studies.

    “Teva understands the risk of prescription drug abuse is a challenge healthcare professionals face when treating millions of Americans affected by chronic pain,” said Rob Koremans, MD, President and CEO of Global Specialty Medicines at Teva. “Abuse-deterrent treatments provide options for prescribers that may help deter or mitigate abuse while still preserving access to pain medications for the patients that need them most.”

    Emergent BioSolutions Inc. (NYSE: EBS) is teaming up with Victoria’s Voice Foundation to rally Americans to help save lives from the opioid epidemic on National Naloxone Awareness Day, which honors the late Victoria Siegel and others who have succumbed to overdose. As part of the effort, Victoria’s Voice has launched the “Shine. Wear. Share. Care” campaign to raise awareness and provide educational resources to individuals, organizations and businesses that includes a purple light bulb (Shine), a wearable promotional item (Wear), a QR code encouraging participation in the #sharenaloxone social media campaign (Share) and a box of NARCAN® Nasal Spray (Care) provided by Emergent.

    “It’s been 10 years since our Victoria lost her life to an accidental opioid overdose and we remain fiercely committed to honoring her memory and the memory of others who have succumbed to this same tragedy by fostering open dialogue about the dangers of opioids and precautionary safety measures, so other families don’t have to experience the same tragedy,” said Jackie Siegel, of Victoria’s Voice Foundation. “We’re pleased that Emergent is our sponsor for this year’s National Naloxone Awareness Day to further our shared mission of saving as many lives as possible through naloxone education and distribution.”

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM expects to be compensated forty two hundred dollars for news coverage of the current press releases issued by Nutriband Inc. by the company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757 

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI Africa: Strategic Topics, Technical Insights: Angola Oil & Gas (AOG) 2025 to Offer Multi-Track Program

    This year’s edition of the Angola Oil & Gas (AOG) conference & exhibition will feature a multi-track program examining how regulatory reform, foreign investment and domestic growth have shaped the market over the past five decades, and how greater collaboration, capital expenditure and local participation will shape the next 50 years of development.  

    Strategic Track

    The AOG 2025 Strategic Track will feature a series of panel discussions, keynote addresses and in-conversation with sessions, all of which aim to provide key insight into the state of play of Angola’s oil and gas market. A session on Angola at 50: The Oil & Gas Industry – a catalyst for economic transformation will examine the role oil and gas has and will continue to play in unlocking economic opportunities for the country – from job creation to fuel security to revenue generation and infrastructure development.  

    Meanwhile, with the country on track for a $60 billion upstream investment drive in the coming five years and a 2025 licensing round set to offer 10 blocks in the offshore Kwanza and Benguela basins, Angola offers strategic investment opportunities for exploration and production firms. The AOG 2025 Strategic Track will feature sessions on The Role of Onshore & Shallow Water Operations in Maintaining Production Levels; and Strategic Partnerships: Unlocking Africa’s Deepwater Potential, tackling development opportunities across the market. Additionally, sessions on From Extraction to Expansion: Financing Angola’s Oil & Gas Development and Increased Production Through Investment Friendly Reforms, will examine the impact reform has played on the market and how amended policies and improved fiscals have strengthened the competitiveness of doing business in Angola.  

    Beyond the upstream sector, Angola targets 445,000 bpd in refining capacity, with a focus on reducing petroleum imports and bolstering regional fuel security. The Strategic Track will share insight into these objectives, with sessions on Towards a Secure Energy Future: Accelerating Downstream Development to Meet Market Demands; The Role of National Champions in Angola’s Development; Strategic Investments in Angola’s Logistics and Energy Infrastructure; and Building Tomorrow’s Workforce.

    Technical Track

    Geared towards service companies, innovators and data analytics firms, the AOG 2025 Technical Track will examine how technology-driven solutions will support oil and gas development in Angola. The Technical Track aligns closely with the broader goals of the nation to increase exploration, accelerate low-carbon fuel production while unlocking new opportunities for sustainable development. Sessions on Driving Investment for Seismic Opportunities in Angola and Best Practice Strategies for Successful Exploration in the Okavango Basin will explore the impact data and technology play on unlocking new frontiers in Angola.

    Additionally, sessions on Economic Diversification Through Gas; Towards Net-Zero: Decarbonizing Operations; and AI and Machine-Learning: Enhancing Efficiency, Safety and Minimizing Environmental Impact will provide critical insight into emerging opportunities in Angola’s low-carbon space. Focus areas will include natural gas projects, how technology such as machine learning can enhance efficiency while reducing emissions and the role research and development plays in supporting Angolan oil and gas development. In addition to panel discussions, a series of presentations will take place across the Technical Track, led by global data and analytics providers, Angolan government leaders and major operators.

    Additional Features

    In addition to the main conference program, AOG 2025 will host a dedicated deal-room. Designed as a high-impact ‘Dragon’s Den’ style platform, the deal room offers Angolan entrepreneurs and innovators the chance to pitch their products and services to global operators. The deal room fosters collaboration, local participation and partnerships. Meanwhile, AOG 2025 will also host a pre-conference program on September 2, ahead of the main conference agenda. The pre-conference includes specialized workshops and sessions led by experts and is designed for engineers, geologists, project managers and financiers.

    Distributed by APO Group on behalf of Energy Capital & Power.

    MIL OSI Africa –

  • MIL-OSI Video: UK Misogyny: the manosphere and online content – Women and Equalities Committee

    Source: United Kingdom UK Parliament (video statements)

    The Women and Equalities Committee is hearing from Laura Bates, Activist, Speaker and Writer, on the impact of:

    – the manosphere
    – misogynistic online content
    – the use of AI

    This hearing is part of the Committee’s wider inquiry on the manosphere and misogynistic online content. Find out more: https://committees.parliament.uk/work/9089/misogyny-the-manosphere-and-online-content

    #Manosphere #Misogyny #OnlineHarm

    https://www.youtube.com/watch?v=SVwyQdkS6A0

    MIL OSI Video –

  • MIL-OSI Europe: Briefing – What role for AI skills in (re-)shaping the future European workforce – 18-06-2025

    Source: European Parliament 2

    Driven by the rapid pace of technological change and the need for a human-centric approach to the development of artificial intelligence (AI), AI skills have a significant role in shaping the future European workforce. The growing skills gap in the EU, with almost half of the population lacking basic digital skills, including AI skills, poses a significant challenge for the future that needs to be addressed for the EU to maintain its competitiveness and manage regional disparities. Several EU initiatives are under way, including the recently adopted union of skills communication and AI continent action plan. Fostering anticipatory governance, a culture of innovation, supporting diversity and inclusiveness in the AI workforce, and strengthening digital infrastructure are all critical to ensuring that the benefits of AI are shared by all, while minimising its negative impacts. Aligning with European values will be important to ensure fairness in this process. The EU’s future prosperity depends on using AI’s potential while basing it on a human-centric approach and ethical development, ensuring transparency and accountability, as well as prioritising people’s wellbeing. Targeted investment in EU-wide digital infrastructure and education that emphasises lifelong learning and skills development could ensure balanced economic growth and competitiveness in the global talent market. By examining the multifaceted interaction between AI, skills and jobs, a way forward may be identified that focuses on the needs of EU citizens and ensures that the future European workforce – and citizens in general – are equipped to succeed in an increasingly automated and AI-driven economy.

    MIL OSI Europe News –

  • MIL-OSI Europe: Tackling hate speech in the digital age: Stronger Action Needed

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: Tackling hate speech in the digital age: Stronger Action Needed

    SARAJEVO, 18 June 2025 – Hate speech is not new, but, fueled by the anonymity and viral nature of digital platforms, it now travels faster and further. These new arenas for hate speech carry the potential for more devastating consequences – accelerating discrimination, creating hostile environments or inciting violence, including hate crimes. As we mark the International Day for Countering Hate Speech, we cannot ignore the real risks of our digital and internet age, including the growing incidence and impact of online hate speech and the escalating dangers of posed by generative artificial intelligence (AI).
    These risks are particularly relevant in the context of Bosnia and Herzegovina, where hate speech has long prevented healing and exacerbated the wounds of a painful past, at the same time jeopardizing efforts to look towards a common brighter future.
    One of the most widespread and troubling forms of hate speech in the country is the denial, justification and relativization of genocide, crimes against humanity, and war crimes committed during the 1992–1995 conflict as well as the glorification of war criminals. Such narratives are perpetuated — sometimes by high-profile public figures and politicians — for political gain and with impunity. Murals and offensive graffiti that publicly glorify war criminals are not just painful and haunting reminders for victims; they also contribute to politically motivated historical revisionism by reflecting a deliberate manipulation of history to justify harmful ideologies and obstruct reconciliation.
    Hate speech reflects our biases, for example, infused with gendered components such as such as discrediting survivors of conflict-related sexual violence or minimizing the distinct impact of war crimes of on the respective genders. Gendered hate speech undermines international justice, retraumatizes survivors and dehumanizes victims by aggravating suffering or erasing their experiences.
    Hate speech also disproportionately targets marginalized communities, such as ethnic minorities, migrants and persons with disabilities, as well as women and girls, including those from these communities. This further amplifies fear and compounds structural inequalities and social exclusion. Children are especially vulnerable to online hate speech, with such exposure potentially permanently negatively impacting their well-being and development.
    The anonymity and impersonal nature of online spaces often embolden the authors of hate speech, social media posts, videos or AI-generated images can be created and disseminated in seconds, reaching thousands—sometimes millions—without accountability.
    No single organization or institution can tackle this issue alone. Eradicating hate speech demands joint action, bringing together governments, civil society, the media and tech platforms. Media and tech companies, who may profit from emotive and shocking content, must be aware of the particular responsibilities they have. Political actors and institutions at all levels must also act—decisively and consistently.
    Critically, civil society, including grassroots organizations, human rights defenders, and environmental advocates, must be enabled and protected in fulfilling their vital role in raising awareness, providing support to survivors, and advocating for safer digital and public spaces. Countering hate speech must prioritize support for survivors, including access to justice through free legal aid, psychosocial services, and safe reporting mechanisms. We must also remember that protecting the most vulnerable requires active resistance to all forms of hate.
    We — the United Nations, the European Union, the Organization for Security and Co-operation in Europe Mission to Bosnia and Herzegovina, and the Council of Europe Office in Sarajevo — remain committed to working together and supporting Bosnia and Herzegovina towards stronger regulation against hate speech, greater accountability, and ethical and responsible public discourse, notwithstanding the right to freedom of opinion and expression in line with international standards.
    We urge those in positions of responsibility, whether in politics, the media or other roles of influence, as well as citizens, to take a stand against hate speech and challenge hateful narratives in everyday life. Together, through courage and commitment, we can combat all forms of hate speech and ensure that dignity and respect remain the foundations of our both our democratic and digital societies.
    —–
    The Op-ed is published as part of the joint project “Možemo bolje”, funded by the European Union’s Service for Foreign Policy Instruments under the Neighborhood, Development and International Cooperation Instrument –  jointly implemented by the European Union in Bosnia and Herzegovina, the United Nations in Bosnia and Herzegovina, the OSCE Mission to Bosnia and Herzegovina, and the Council of Europe Office in Sarajevo. 

    MIL OSI Europe News –

  • MIL-OSI Russia: China to establish international digital yuan operations center

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    SHANGHAI, June 18 (Xinhua) — China will set up an international digital yuan operations center, Bank of China Governor Pan Gongsheng announced at the Lujiazui Forum in Shanghai on Wednesday.

    The purpose of establishing this center, he said, is to promote the internationalization of the digital yuan and the development of financial market services, as well as support innovation in the field of digital finance. -0-

    MIL OSI Russia News –

  • MIL-OSI: MasterQuant Introduces AI Bot for Smarter, Automated Trading Success

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, June 18, 2025 (GLOBE NEWSWIRE) —

    For many years, handling the complications of financial markets has felt like a high-stakes gamble for many. Keeping up with endless data, making split-second decisions, and managing risk often seem like tasks left to experienced professionals. It changes, today! MasterQuant is excited to announce the official launch of its innovative investment platform, MasterQuant, powered by a practical artificial intelligence trading bot, developed to bring enhanced quantifiable strategies within reach of every investor. 

    MasterQuant’s core belief of mission is to make smart investments accessible to everyone. The foundation of the platform is that the advanced expert system trading bot is far more than just a simple automated system. It functions as a skilled engine that is always learning and growing, converting vast amounts of market data into understandable and doable investing decisions. 

    The Power Behind the Attention: MasterQuant’s AI Trading Bot

    Why is MasterQuant’s AI bot innovative? Deep Learning, which operates consistently in the background, is the foundation of its capabilities:

    • Real-time Market Analysis: The trading bot continually shifts through tremendous volumes of market data, processing information as it happens. This bot isn’t just looking at the analysis of the charts, it’s understanding the nuances of price movements, trading volumes, and global indicators immediately
    • Identifying Profitable Opportunities: Through ongoing analysis, the AI bot demonstrates exceptional ability in detecting investment opportunities that may not be apparent to humans. It recognizes trends and indicators that imply an opportune time to buy or sell a position.
    • Generating Optimized Trading Strategies: Upon identifying an opportunity, the bot acts without delay. It designs and implements precisely tuned trading strategies, basing its choices on complex calculations instead of feelings or speculation.
    • Dynamically Adjusting Risk Exposure: A major issue for every investor is risk. The deep learning bot from MasterQuant is designed to actively handle risk, modifying exposure levels instantaneously to safeguard capital and adhere to established criteria.
    • Diversifying Assets Thoughtfully: The bot doesn’t put all its eggs in one basket. It works to diversify assets, spreading investments across different areas to balance potential returns and reduce overall vulnerability.
    • Continuously Optimizing Trades: Learning is never-ending. The expert system bot continually adjusts its strategies, gathering knowledge from each trade and market fluctuation to enhance future performance. This ongoing improvement targets more and more efficient and profitable results in the long run.

    The implementation of this AI trading bot is already breaking new ground in automated investment as it shows the ability to generate amazing profits by persistently executing its clever strategies. It is a major step forward in the process of simplifying the financial tools for ordinary people and increasing their effectiveness.

    “MasterQuant was built because we recognized there was an obvious demand for a wiser, easier method of investing,” explained Ryan Franklin, MasterQuant’s Director of Communications. “Our AI-driven trading bot is the result of a lot of research and development that has gone into creating something that empowers both new and experienced investors. It eliminates the guesswork and emotional tension associated with trading, enabling our users to make the most of cutting-edge strategies with confidence and accuracy.”

    MasterQuant’s first rollout targets the dynamic cryptocurrency markets, where its real-time analytical strength can shine. Expansion into other major markets, such as forex and traditional stocks, is already in the works, spreading its groundbreaking approach to even more assets.

    MasterQuant is not only a platform rather it has become the new era of investing where innovation is a trusted partner in wealth development. It invites everyone to explore a more smart path to financial success by removing common barriers and putting experienced deep learning at the forefront.

    About MasterQuant

    MasterQuant is a ground-breaking quantitative investment platform that is powered by AI and dedicated to making advanced financial strategies accessible to everyone. MasterQuant, through its deep learning trading bot and intuitive design, enables investors with any level of skill to utilize the markets more efficiently, accurately, and with more confidence. MasterQuant is built on consistent innovation and has the goal of changing the way people create wealth in the new era.

    To get more details or check out contract options, https://masterquant.com/

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations. Stock Trading involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions. Masterquant.com and associated parties are not liable for any financial loss incurred.

    The MIL Network –

  • MIL-OSI: MasterQuant Introduces AI Bot for Smarter, Automated Trading Success

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, June 18, 2025 (GLOBE NEWSWIRE) —

    For many years, handling the complications of financial markets has felt like a high-stakes gamble for many. Keeping up with endless data, making split-second decisions, and managing risk often seem like tasks left to experienced professionals. It changes, today! MasterQuant is excited to announce the official launch of its innovative investment platform, MasterQuant, powered by a practical artificial intelligence trading bot, developed to bring enhanced quantifiable strategies within reach of every investor. 

    MasterQuant’s core belief of mission is to make smart investments accessible to everyone. The foundation of the platform is that the advanced expert system trading bot is far more than just a simple automated system. It functions as a skilled engine that is always learning and growing, converting vast amounts of market data into understandable and doable investing decisions. 

    The Power Behind the Attention: MasterQuant’s AI Trading Bot

    Why is MasterQuant’s AI bot innovative? Deep Learning, which operates consistently in the background, is the foundation of its capabilities:

    • Real-time Market Analysis: The trading bot continually shifts through tremendous volumes of market data, processing information as it happens. This bot isn’t just looking at the analysis of the charts, it’s understanding the nuances of price movements, trading volumes, and global indicators immediately
    • Identifying Profitable Opportunities: Through ongoing analysis, the AI bot demonstrates exceptional ability in detecting investment opportunities that may not be apparent to humans. It recognizes trends and indicators that imply an opportune time to buy or sell a position.
    • Generating Optimized Trading Strategies: Upon identifying an opportunity, the bot acts without delay. It designs and implements precisely tuned trading strategies, basing its choices on complex calculations instead of feelings or speculation.
    • Dynamically Adjusting Risk Exposure: A major issue for every investor is risk. The deep learning bot from MasterQuant is designed to actively handle risk, modifying exposure levels instantaneously to safeguard capital and adhere to established criteria.
    • Diversifying Assets Thoughtfully: The bot doesn’t put all its eggs in one basket. It works to diversify assets, spreading investments across different areas to balance potential returns and reduce overall vulnerability.
    • Continuously Optimizing Trades: Learning is never-ending. The expert system bot continually adjusts its strategies, gathering knowledge from each trade and market fluctuation to enhance future performance. This ongoing improvement targets more and more efficient and profitable results in the long run.

    The implementation of this AI trading bot is already breaking new ground in automated investment as it shows the ability to generate amazing profits by persistently executing its clever strategies. It is a major step forward in the process of simplifying the financial tools for ordinary people and increasing their effectiveness.

    “MasterQuant was built because we recognized there was an obvious demand for a wiser, easier method of investing,” explained Ryan Franklin, MasterQuant’s Director of Communications. “Our AI-driven trading bot is the result of a lot of research and development that has gone into creating something that empowers both new and experienced investors. It eliminates the guesswork and emotional tension associated with trading, enabling our users to make the most of cutting-edge strategies with confidence and accuracy.”

    MasterQuant’s first rollout targets the dynamic cryptocurrency markets, where its real-time analytical strength can shine. Expansion into other major markets, such as forex and traditional stocks, is already in the works, spreading its groundbreaking approach to even more assets.

    MasterQuant is not only a platform rather it has become the new era of investing where innovation is a trusted partner in wealth development. It invites everyone to explore a more smart path to financial success by removing common barriers and putting experienced deep learning at the forefront.

    About MasterQuant

    MasterQuant is a ground-breaking quantitative investment platform that is powered by AI and dedicated to making advanced financial strategies accessible to everyone. MasterQuant, through its deep learning trading bot and intuitive design, enables investors with any level of skill to utilize the markets more efficiently, accurately, and with more confidence. MasterQuant is built on consistent innovation and has the goal of changing the way people create wealth in the new era.

    To get more details or check out contract options, https://masterquant.com/

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice, legal advice, or investment recommendations. Stock Trading involves risk and market volatility. Please research or consult a licensed financial advisor before making investment decisions. Masterquant.com and associated parties are not liable for any financial loss incurred.

    The MIL Network –

  • MIL-OSI: Tenable Research Finds Pervasive Cloud Misconfigurations Exposing Critical Data and Secrets

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., June 18, 2025 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today released its 2025 Cloud Security Risk Report. The research revealed that 9% of publicly accessible cloud storage contains sensitive data, 97% of which is classified as restricted or confidential. These exposures increase the risk of exploitation, particularly when paired with misconfigurations or embedded secrets.

    Cloud environments face dramatically increased risk due to exposed sensitive data, misconfigurations, underlying vulnerabilities and poorly stored secrets – such as passwords, API keys and credentials. The 2025 Cloud Security Risk Report provides a deep dive into the most prominent cloud security issues impacting data, identity, workload and AI resources and offers practical mitigation strategies to help organizations proactively reduce risk and close critical gaps.

    Key findings from the report include:

    • Secrets found in diverse cloud resources are putting organizations at risk: Over half of organizations (54%) store at least one secret directly in Amazon Web Services (AWS) Elastic Container Service (ECS) task definitions — creating a direct attack path. Similar issues were found among organizations using Google Cloud Platform (GCP) Cloud Run (52%) and Microsoft Azure Logic Apps workflows (31%). Alarmingly, 3.5% of all AWS Elastic Compute Cloud (EC2) instances contain secrets in user data — major risk given how widely EC2 is used.
    • Cloud workload security is improving, but toxic combinations persist: While the number of organizations with a “toxic cloud trilogy” – a workload that is publicly exposed, critically vulnerable, and highly privileged – has decreased from 38% to 29%, this dangerous combination still represents a significant and common risk.
    • Using Identity Providers (IdPs) alone doesn’t eliminate risk: While 83% of AWS organizations are exercising best practices in using IdP services to manage their cloud identities, overly-permissive defaults, excessive entitlements, and standing permissions still expose them to identity-based threats.

    “Despite the security incidents we have witnessed over the past few years, organizations continue to leave critical cloud assets, from sensitive data to secrets, exposed through avoidable misconfigurations,” said Ari Eitan, Director of Cloud Security Research, Tenable.

    “The path for attackers is often simple: exploit public access, steal embedded secrets or abuse overprivileged identities. To close these gaps, security teams need full visibility across their environments and the ability to prioritize and automate remediation before threats escalate. The cloud demands continuous, proactive risk management, and not reactive patchwork.”

    The report reflects findings by the Tenable Cloud Research team based on telemetry from workloads across diverse public cloud and enterprise environments, analyzed from October 2024 through March 2025. To download the report today, please visit: https://www.tenable.com/cyber-exposure/tenable-cloud-security-risk-report-2025

    More information on Tenable Cloud Security is available at: https://www.tenable.com/cloud-security.

    About Tenable
    Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for more than 44,000 customers around the globe. Learn more at tenable.com.

    Media Contact:
    Tenable
    tenablepr@tenable.com

    The MIL Network –

  • MIL-OSI: $112K Is Not Bitcoin’s Peak: PFMCrypto’s Unique BTC Mining Plan Becomes a Must-Have for Holders

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — As Bitcoin (BTC) prices begin to stabilize, both experts and traders agree that the $112,000 mark is far from its peak. In response to growing investor interest and momentum across the BTC network, global mining leader PFMCrypto has introduced a unique Bitcoin mining strategy that is rapidly gaining popularity among BTC holders. This high-performance mining contract is designed to help users earn passive income—even outside of bull markets—without any technical expertise or complex equipment. PFMCrypto’s cloud mining approach provides secure and consistent BTC rewards.

    Key Highlights of PFMCrypto’s BTC Mining Strategy
    – Exclusive BTC Contracts Now Live: Tailored for Bitcoin holders seeking passive mining income growth.
    – No Lock-in Risk: Withdraw earnings daily. Once the contract ends, the full principal is returned—ensuring liquidity and security.
    – Proven High ROI: PFMCrypto’s BTC mining contracts are based on real performance, not speculative promises. Historical returns have reached up to 55.6% in 30 days.

    Visit PFMCrypto’s homepage: https://pfmcrypto.net

    AI + BTC Mining: Smart Technology for Savvy Investors
    PFMCrypto’s BTC mining platform integrates cutting-edge artificial intelligence to optimize block verification efficiency and automatically reallocate computing power to maximize profits. With 20 mining centers operating around the clock globally, users enjoy consistent BTC earnings without downtime or maintenance.
    Unlike traditional mining, PFMCrypto’s cloud mining model eliminates the costs and complexities of hardware management, making it accessible to everyone—from newcomers to seasoned investors.

    What Makes PFMCrypto’s BTC Mining Plans So Attractive?
    – Zero Hardware Investment: No need to purchase mining rigs to access industrial-grade computing power.
    – All-Inclusive Operation: PFMCrypto handles electricity, cooling, maintenance, and hardware upgrades.
    – Instant Access: New users can start mining BTC within minutes using an intuitive dashboard with real-time earnings tracking.
    – Security & Transparency: All contracts guarantee daily returns, principal repayment, and detailed performance analytics.

    Join PFMCrypto now and receive a $10 welcome bonus to kickstart your BTC mining journey.

    Why Now? BTC’s Road Beyond $112,000
    Market analysts forecast that sustained institutional adoption, ETF integration, and declining exchange reserves could propel BTC to an all-time high of $120,000 by Q3 2025. As PFMCrypto’s CEO puts it:
    “Bitcoin is more than a store of value—it’s a catalyst for wealth accumulation. Our BTC mining strategy empowers users to earn consistent returns amid unprecedented market momentum.”

    PFMCrypto’s BTC Mining Contracts: Proven Performance
    With the recent launch of its 2-day BTC mining contract, PFMCrypto has opened its high-performance cloud mining infrastructure to all users, dramatically lowering the technical and financial barriers to entry. Since its founding in 2018, the platform has grown to support over 9.2 million active users across 192 countries, delivering impressive returns:
    2-Day Strategy: +6.6% ROI
    5-Day Strategy: +6.15% ROI
    15-Day Strategy: +20.7% ROI
    30-Day Strategy: +55.6% ROI
    These figures represent actual average user returns, powered by PFMCrypto’s AI-enhanced infrastructure.

    Click here to view the full BTC mining contract catalog.

    How to Start BTC Cloud Mining with PFMCrypto
    1. Register: Sign up now to receive a $10 bonus and $0.60 daily sign-in reward.
    2. Choose Your Plan: Select from a range of flexible BTC contracts suitable for both short- and long-term investors.
    3. Earn BTC Daily: Let PFMCrypto’s intelligent engine handle everything and start earning Bitcoin instantly.

    About PFMCrypto
    PFMCrypto is a global pioneer in cloud mining services, offering secure and user-friendly cryptocurrency mining tools to millions of users. Since 2018, the company has processed over $1 billion in mining expenditures and operates mining centers across Europe, Asia, and North America. PFMCrypto continues to reshape how individuals and institutions engage with crypto by delivering transparent, reliable, and profit-driven solutions.

    Visit https://pfmcrypto.net to learn more, claim your $10 welcome bonus and start your BTC mining journey today.

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4f5332cc-14f1-4752-b2a7-d8329cab344a
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e1aba1e0-a162-4358-9dd3-b665fd7e11d4

    The MIL Network –

  • MIL-OSI: $112K Is Not Bitcoin’s Peak: PFMCrypto’s Unique BTC Mining Plan Becomes a Must-Have for Holders

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — As Bitcoin (BTC) prices begin to stabilize, both experts and traders agree that the $112,000 mark is far from its peak. In response to growing investor interest and momentum across the BTC network, global mining leader PFMCrypto has introduced a unique Bitcoin mining strategy that is rapidly gaining popularity among BTC holders. This high-performance mining contract is designed to help users earn passive income—even outside of bull markets—without any technical expertise or complex equipment. PFMCrypto’s cloud mining approach provides secure and consistent BTC rewards.

    Key Highlights of PFMCrypto’s BTC Mining Strategy
    – Exclusive BTC Contracts Now Live: Tailored for Bitcoin holders seeking passive mining income growth.
    – No Lock-in Risk: Withdraw earnings daily. Once the contract ends, the full principal is returned—ensuring liquidity and security.
    – Proven High ROI: PFMCrypto’s BTC mining contracts are based on real performance, not speculative promises. Historical returns have reached up to 55.6% in 30 days.

    Visit PFMCrypto’s homepage: https://pfmcrypto.net

    AI + BTC Mining: Smart Technology for Savvy Investors
    PFMCrypto’s BTC mining platform integrates cutting-edge artificial intelligence to optimize block verification efficiency and automatically reallocate computing power to maximize profits. With 20 mining centers operating around the clock globally, users enjoy consistent BTC earnings without downtime or maintenance.
    Unlike traditional mining, PFMCrypto’s cloud mining model eliminates the costs and complexities of hardware management, making it accessible to everyone—from newcomers to seasoned investors.

    What Makes PFMCrypto’s BTC Mining Plans So Attractive?
    – Zero Hardware Investment: No need to purchase mining rigs to access industrial-grade computing power.
    – All-Inclusive Operation: PFMCrypto handles electricity, cooling, maintenance, and hardware upgrades.
    – Instant Access: New users can start mining BTC within minutes using an intuitive dashboard with real-time earnings tracking.
    – Security & Transparency: All contracts guarantee daily returns, principal repayment, and detailed performance analytics.

    Join PFMCrypto now and receive a $10 welcome bonus to kickstart your BTC mining journey.

    Why Now? BTC’s Road Beyond $112,000
    Market analysts forecast that sustained institutional adoption, ETF integration, and declining exchange reserves could propel BTC to an all-time high of $120,000 by Q3 2025. As PFMCrypto’s CEO puts it:
    “Bitcoin is more than a store of value—it’s a catalyst for wealth accumulation. Our BTC mining strategy empowers users to earn consistent returns amid unprecedented market momentum.”

    PFMCrypto’s BTC Mining Contracts: Proven Performance
    With the recent launch of its 2-day BTC mining contract, PFMCrypto has opened its high-performance cloud mining infrastructure to all users, dramatically lowering the technical and financial barriers to entry. Since its founding in 2018, the platform has grown to support over 9.2 million active users across 192 countries, delivering impressive returns:
    2-Day Strategy: +6.6% ROI
    5-Day Strategy: +6.15% ROI
    15-Day Strategy: +20.7% ROI
    30-Day Strategy: +55.6% ROI
    These figures represent actual average user returns, powered by PFMCrypto’s AI-enhanced infrastructure.

    Click here to view the full BTC mining contract catalog.

    How to Start BTC Cloud Mining with PFMCrypto
    1. Register: Sign up now to receive a $10 bonus and $0.60 daily sign-in reward.
    2. Choose Your Plan: Select from a range of flexible BTC contracts suitable for both short- and long-term investors.
    3. Earn BTC Daily: Let PFMCrypto’s intelligent engine handle everything and start earning Bitcoin instantly.

    About PFMCrypto
    PFMCrypto is a global pioneer in cloud mining services, offering secure and user-friendly cryptocurrency mining tools to millions of users. Since 2018, the company has processed over $1 billion in mining expenditures and operates mining centers across Europe, Asia, and North America. PFMCrypto continues to reshape how individuals and institutions engage with crypto by delivering transparent, reliable, and profit-driven solutions.

    Visit https://pfmcrypto.net to learn more, claim your $10 welcome bonus and start your BTC mining journey today.

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4f5332cc-14f1-4752-b2a7-d8329cab344a
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e1aba1e0-a162-4358-9dd3-b665fd7e11d4

    The MIL Network –

  • MIL-OSI: Progress Software CEO Yogesh Gupta Named an EY US Entrepreneur Of The Year® 2025 New England Award Winner

    Source: GlobeNewswire (MIL-OSI)

    Visionary CEO recognized for bold leadership, strategic growth, accelerated AI innovation and long-term stakeholder value creation

    BURLINGTON, Mass., June 18, 2025 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that CEO Yogesh Gupta has been named an Entrepreneur Of The Year® 2025 New England Award winner by Ernst & Young LLP (EY US). The prestigious program recognizes visionary leaders of companies who are driving innovation, accelerating growth and creating lasting impact for future generations.

    Since joining Progress in 2016, Gupta has driven significant growth and transformation at the company. Under his leadership, Progress has more than doubled in size, completed five strategic acquisitions—including the landmark 2024 purchase of ShareFile, the company’s largest acquisition to date—and successfully executed its Total Growth Strategy, focusing on innovation, disciplined mergers and acquisitions, and customer retention. Gupta’s foresight in navigating market shifts, especially in AI, has positioned Progress ahead of the curve, consistently delivering value to a global client base that includes over 75% of the Fortune 500.

    “I am deeply honored to receive this recognition from EY,” said Gupta. “Entrepreneurship is about more than building a business—it’s about building a future. I’m proud to lead a company that innovates not only in technology but also invests in people, communities and purpose.”

    Gupta’s entrepreneurial approach is shaped by a personal journey defined by resilience, ambition and a deep belief in innovation’s power. Since becoming CEO, he has cultivated a culture of agility, strategic risk-taking and operational excellence across the organization. Progress has achieved record revenues and doubled its global workforce from 1,500 to 3,000 employees during his tenure. Renowned for his sharp business insight and people-centric leadership, Gupta actively mentors employees and engages with teams worldwide, fostering a culture grounded in excellence, teamwork, respect and sustainable value creation.

    Gupta was chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment and significant growth and impact.

    As a New England award winner, he is now eligible for consideration for the Entrepreneur Of The Year 2025 National Awards. The National Award winners, including the Entrepreneur Of The Year National Overall Award winner, will be announced in November 2025.

    About Entrepreneur Of The Year
    Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally. The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.

    About Progress Software
    Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

    Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.

    Press Contacts:
    Kim Baker
    Progress Software
    +1-800-477-6473
    pr@progress.com

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fd7178e-98af-40f6-8027-c19233524eee

    The MIL Network –

  • MIL-OSI: Progress Software CEO Yogesh Gupta Named an EY US Entrepreneur Of The Year® 2025 New England Award Winner

    Source: GlobeNewswire (MIL-OSI)

    Visionary CEO recognized for bold leadership, strategic growth, accelerated AI innovation and long-term stakeholder value creation

    BURLINGTON, Mass., June 18, 2025 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that CEO Yogesh Gupta has been named an Entrepreneur Of The Year® 2025 New England Award winner by Ernst & Young LLP (EY US). The prestigious program recognizes visionary leaders of companies who are driving innovation, accelerating growth and creating lasting impact for future generations.

    Since joining Progress in 2016, Gupta has driven significant growth and transformation at the company. Under his leadership, Progress has more than doubled in size, completed five strategic acquisitions—including the landmark 2024 purchase of ShareFile, the company’s largest acquisition to date—and successfully executed its Total Growth Strategy, focusing on innovation, disciplined mergers and acquisitions, and customer retention. Gupta’s foresight in navigating market shifts, especially in AI, has positioned Progress ahead of the curve, consistently delivering value to a global client base that includes over 75% of the Fortune 500.

    “I am deeply honored to receive this recognition from EY,” said Gupta. “Entrepreneurship is about more than building a business—it’s about building a future. I’m proud to lead a company that innovates not only in technology but also invests in people, communities and purpose.”

    Gupta’s entrepreneurial approach is shaped by a personal journey defined by resilience, ambition and a deep belief in innovation’s power. Since becoming CEO, he has cultivated a culture of agility, strategic risk-taking and operational excellence across the organization. Progress has achieved record revenues and doubled its global workforce from 1,500 to 3,000 employees during his tenure. Renowned for his sharp business insight and people-centric leadership, Gupta actively mentors employees and engages with teams worldwide, fostering a culture grounded in excellence, teamwork, respect and sustainable value creation.

    Gupta was chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment and significant growth and impact.

    As a New England award winner, he is now eligible for consideration for the Entrepreneur Of The Year 2025 National Awards. The National Award winners, including the Entrepreneur Of The Year National Overall Award winner, will be announced in November 2025.

    About Entrepreneur Of The Year
    Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally. The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.

    About Progress Software
    Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

    Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.

    Press Contacts:
    Kim Baker
    Progress Software
    +1-800-477-6473
    pr@progress.com

    A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fd7178e-98af-40f6-8027-c19233524eee

    The MIL Network –

  • MIL-OSI: Traliant wins prestigious Telly Award for inclusion training, launches 2025 update to reflect latest laws and guidance

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Traliant, a leader in online compliance training, today announced an enhanced version of its Creating Inclusive Workplaces training course – recently honored with a Telly Award for Immersive & Interactive Content. The 2025 update incorporates the latest federal, state and local laws, along with current guidance from the Department of Justice (DOJ), Equal Employment Opportunity Commission (EEOC), and recent Executive Orders related to diversity, equity, and inclusion (DEI).

    Traliant’s Creating Inclusive Workplaces explores core concepts that promote inclusive values and behaviors. Rooted in anti-discrimination and inclusive leadership principles, the course is aligned with evolving compliance requirements and best practices. Learners are guided by an AI learning assistant, Mira, through realistic workplace scenarios — such as team meetings, coffee chats and group messages — where inclusion challenges often arise. A newly introduced adaptive learning format provides learners with the opportunity to complete the training in as little as seven minutes, allowing for greater flexibility for today’s fast-paced work environments.

    “Inclusion is key to creating workplaces where people feel respected, engaged and ready to do their best,” said Casey Heck, Senior Vice President of HR at Traliant. “With our new adaptive course format, employees can demonstrate what they know and wrap up training in under seven minutes — making it easier for HR teams to efficiently build inclusive habits without impacting productivity.”

    The Creating Inclusive Workplaces is one of several inclusion-focused training courses refreshed for 2025. Updated in collaboration with in-house legal experts, these courses provide HR and compliance leaders with impactful tools to support inclusion programs through legally sound, timely content that reflect current regulations and evolving workplace expectations, including:

    A recent Traliant study underscores the ongoing need for meaningful inclusion efforts: while most employers and employees view inclusion as vital to retention, innovation, and performance, nearly a third of employees still report feeling excluded or marginalized at work. Traliant’s continuously monitored and maintained training courses help close this gap with engaging, modern solutions that align inclusive values with everyday workplace behavior and decision-making.

    To learn more about Traliant, visit: https://www.traliant.com/.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.
      
    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment training, inclusion training, code of conduct training, and many more.  
      
    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn. 

    Contact
    Reagan Bennet
    traliant@v2comms.com

    The MIL Network –

  • MIL-OSI: Traliant wins prestigious Telly Award for inclusion training, launches 2025 update to reflect latest laws and guidance

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Traliant, a leader in online compliance training, today announced an enhanced version of its Creating Inclusive Workplaces training course – recently honored with a Telly Award for Immersive & Interactive Content. The 2025 update incorporates the latest federal, state and local laws, along with current guidance from the Department of Justice (DOJ), Equal Employment Opportunity Commission (EEOC), and recent Executive Orders related to diversity, equity, and inclusion (DEI).

    Traliant’s Creating Inclusive Workplaces explores core concepts that promote inclusive values and behaviors. Rooted in anti-discrimination and inclusive leadership principles, the course is aligned with evolving compliance requirements and best practices. Learners are guided by an AI learning assistant, Mira, through realistic workplace scenarios — such as team meetings, coffee chats and group messages — where inclusion challenges often arise. A newly introduced adaptive learning format provides learners with the opportunity to complete the training in as little as seven minutes, allowing for greater flexibility for today’s fast-paced work environments.

    “Inclusion is key to creating workplaces where people feel respected, engaged and ready to do their best,” said Casey Heck, Senior Vice President of HR at Traliant. “With our new adaptive course format, employees can demonstrate what they know and wrap up training in under seven minutes — making it easier for HR teams to efficiently build inclusive habits without impacting productivity.”

    The Creating Inclusive Workplaces is one of several inclusion-focused training courses refreshed for 2025. Updated in collaboration with in-house legal experts, these courses provide HR and compliance leaders with impactful tools to support inclusion programs through legally sound, timely content that reflect current regulations and evolving workplace expectations, including:

    A recent Traliant study underscores the ongoing need for meaningful inclusion efforts: while most employers and employees view inclusion as vital to retention, innovation, and performance, nearly a third of employees still report feeling excluded or marginalized at work. Traliant’s continuously monitored and maintained training courses help close this gap with engaging, modern solutions that align inclusive values with everyday workplace behavior and decision-making.

    To learn more about Traliant, visit: https://www.traliant.com/.

    About Traliant
    Traliant, a leader in compliance training, is on a mission to help make workplaces better, for everyone. Committed to a customer promise of “compliance you can trust, training you will love,” Traliant delivers continuously compliant online courses, backed by an unparalleled in-house legal team, with engaging, story-based training designed to create truly enjoyable learning experiences.
      
    Traliant supports over 14,000 organizations worldwide with a library of curated essential courses to broaden employee perspectives, achieve compliance and elevate workplace culture, including sexual harassment training, inclusion training, code of conduct training, and many more.  
      
    Backed by PSG, a leading growth equity firm, Traliant holds a coveted position on Inc.’s 5000 fastest-growing private companies in America for four consecutive years, along with numerous awards for its products and workplace culture. For more information, visit http://www.traliant.com and follow us on LinkedIn. 

    Contact
    Reagan Bennet
    traliant@v2comms.com

    The MIL Network –

  • MIL-OSI: Atsign Launches MCP NoPorts: Securing and Accelerating Private AI Deployments

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Atsign, a leader in pre-emptive security and zero-trust connectivity, today announced MCP NoPorts™, a ground-breaking solution for securely deploying AI models and Model Context Protocol (MCP) servers. NoPorts directly solves the critical vulnerabilities and deployment bottlenecks facing enterprises integrating AI with their sensitive data and systems.

    The promise of AI — from automated decisions to real-time responses — relies on AI agents directly interacting with real-world applications. This requires exposing MCP servers that bridge AI to critical backend operations, often over standard HTTP. This inherent exposure creates a massive security risk, making valuable intellectual property and sensitive data vulnerable to external threats.

    “The real power of AI comes from its ability to automate complex processes, but this is constantly undermined by security risks which severely delays deployments,” said Colin Constable, Atsign Co-Founder and CTO. “NoPorts is a game-changer. We’re fundamentally changing how AI assets are protected and deployed by making them invisible and securing every interaction from the ground up. Businesses can now leverage full AI potential without compromising security or deployment speed.”

    NoPorts Solves AI’s Core Security & Deployment Challenges

    1. Eliminates AI Exposure (Pre-Emptive Security)
      1. Invisible Infrastructure – MCP NoPorts eliminates open ports on AI inference nodes, data services, and MCP servers. This removes network attack surfaces entirely, preventing discovery by botnets and external reconnaissance. They can’t attack what they can’t see.
      2. Cryptographic Identity Access – Every AI model, tool, or service is assigned a unique, cryptographically authenticated identity. This eliminates the need for vulnerable tokens or shared secrets. Access is granted only after identity is confirmed, delivering a zero-trust architecture that directly prevents unauthorized access and AI agent impersonation before any interaction with your tools occurs.
      3. Prevents Sensitive Data Exposure & Malicious Invocations
        1. End-to-End Encrypted Connections – All communication to and from private AI models and MCP servers is fully encrypted by Atsign’s NoPorts, safeguarding sensitive data, proprietary logic, and AI interactions from eavesdropping and tampering, thereby preventing sensitive data exposure.
        2. Accelerates AI Deployments
          1. No IT Bottlenecks – NoPorts removes the need for complex firewall exceptions, static IPs, or VPN setups. Developers can securely deploy and connect AI models and MCP servers in minutes, not weeks, freeing IT and networking teams from tedious configurations.
          2. Streamlined Collaboration – Securely connect developers, AI models, MCP servers and other systems globally, making seamless collaboration possible without exposing any of them to external threats.

            3. NoPorts delivers what enterprise AI platform buyers require: the ability to roll out AI initiatives quickly and with unparalleled security. Traditional network protections were never designed for non-human agents or autonomous tool invocation. NoPorts addresses this critical gap, rendering AI models and MCP tools truly invisible and securing every interaction without relying on firewalls or shared secrets like API keys.

            For more information, visit the MCP NoPorts page.

            About Atsign

            At Atsign, we believe that people, entities (e.g. AI), and things should connect securely and directly, while always being invisible to bad actors. By eliminating the need for open ports and centralized servers, the atPlatform empowers developers and organizations to build applications with “invisible” security built in, placing data and device control back into the hands of their owners. Atsign is the creator of the atPlatform, the most robust infrastructure available for “invisible networking” and secure, private, peer-to-peer connectivity. Learn more at Atsign.com.

            For More Information Contact
            Scott Hetherington
            Atsign
            Scott@Atsign.com
            844-827-0985

          The MIL Network –

  • MIL-OSI: ibex Donates $25,000 to Wounded Warrior Project

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, June 18, 2025 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, is proud to announce a $25,000 donation to Wounded Warrior Project® (WWP) as part of ibex CaresTM, the company’s global philanthropic program. This contribution supports WWP’s mission, which focuses on the total well-being of post-9/11 wounded, ill, or injured veterans. From PTSD treatments to essential long-term care, the nonprofit is empowering warriors to thrive – physically, mentally, and financially – for a lifetime.

    WWP began in 2003 by delivering backpacks filled with comfort items to the bedsides of wounded warriors – along with a powerful promise to stand by them as they healed and rebuilt their lives. Today, WWP is the nation’s leading veterans service organization, providing essential lifelines to warriors, their families, and caregivers. Thanks to support from generous Americans and organizations, WWP can serve warriors and their families at no cost to them.

    “On behalf of ibex and our many veterans, we are proud to make this donation to help support our nation’s wounded veterans,” said ibex Chief People Officer Paul Inson. “Supporting the mission of Wounded Warrior Project fits perfectly with our core values of compassion and community service. We believe it’s not just a responsibility but a privilege to give back to those who have given so much for our country.”

    The donation is part of ibex Cares, which supports charitable organizations across ibex’s operational regions. ibex Cares also encourages employees to volunteer and donate to local causes, promoting meaningful connections and driving positive change in communities worldwide.

    “We must never forget the cost of freedom,” said Brea Kratzert Todd, WWP Vice President of Business Development. “Supporters like ibex make it possible for Wounded Warrior Project to provide life-changing programs and be there for warriors throughout their lifetime.”

    As ibex continues to grow, the company remains dedicated to expanding its charitable impact and nurturing a culture of giving back across its global operations.

    “I applaud our team for their amazing generosity and compassion,” said Christy O’Connor, Chief Legal Officer at ibex. “I am personally involved with Wounded Warrior’s Battalion West, where my dog has been a therapy dog to wounded warriors for six years and helped save numerous lives. Giving is in our DNA and is just one more thing that makes ibex special.”

    About ibex

    ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage and retain valuable customers. Today, ibex operates a global CX delivery center model consisting of 31 operations facilities around the world, while deploying next generation technology to drive superior customer experiences for many of the world’s leading companies across retail, e-commerce, healthcare, fintech, utilities and logistics.

    ibex leverages its diverse global team of approximately 31,000 employees together with industry-leading technology, including the AI-powered ibex Wave iX solutions suite, to manage nearly 175 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

    About Wounded Warrior Project

    Wounded Warrior Project is our nation’s leading veteran services organization, focused on the total well-being of post-9/11 wounded, ill, or injured veterans. Our programs, advocacy, and awareness efforts help warriors thrive, provide essential lifelines to families and caregivers, and prevent veteran suicides. Learn more about Wounded Warrior Project.

    Media Contact:
    Dan Burris
    ibex
    Daniel.Burris@ibex.co

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ee99ff99-ccc2-43f4-a5af-da11ebe31725

    The MIL Network –

  • MIL-OSI: Wix Further Expands into Vibe Coding with Acquisition of Base44, a Hyper-Growth Startup that Simplifies Web and App Creation with AI

    Source: GlobeNewswire (MIL-OSI)

    Base44 delivers effortless, code-free digital creation through an intuitive, conversational AI experience, which is expected to expand Wix’s reach to new audiences worldwide

    NEW YORK— Today Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally1, announced its acquisition of Base44, an AI-powered platform that enables anyone to create fully-functional, custom software solutions and applications using natural language, without the need for traditional coding. The acquisition adds a powerful new arm to Wix’s AI portfolio, expanding its suite of intelligent solutions that empower anyone to build and grow online. 

    The tech landscape is undergoing a major transformation as vibe coding gains momentum, shifting creation from manual development to intent-driven software development. This new approach allows people to simply express what they want to build, while intelligent agents do the heavy lifting. As demand grows for tools that turn ideas into reality through conversation and intuition rather than code, Wix is working to make the digital world more accessible and creative than ever before. Read CEO Avishai Abrahami’s blog about his vision and the way Wix is shaping this future here.

    Base44’s unique approach offers a fully automated, chat-based interface that manages technical details behind the scenes, from databases and authentication to deployment – removing the need for third-party integrations or manual setup. This groundbreaking approach opens the door for anyone, regardless of technical expertise, to create production-ready, scalable applications quickly and effortlessly. With proven traction in the market, including B2B partnerships with leaders like eToro and SimilarWeb, Base44 is a powerful addition to the Wix AI portfolio – furthering the company’s mission to make innovation accessible to creators and businesses worldwide.

    “This acquisition marks a pivotal milestone in Wix’s commitment to transforming creation online,” said Avishai Abrahami, CEO and Co-founder of Wix. “Maor and his team at Base44 bring cutting-edge technology, strong market penetration, and visionary leadership that seamlessly align with Wix’s dedication to enabling users at all levels of expertise to express their intent while intelligent agents manage execution. Maor’s exceptional talent and innovative mindset will reinforce Wix’s mission to push the boundaries of AI-driven creation and  accelerate the evolution of intuitive, intelligent tools that redefine how digital experiences are built and enjoyed.”

    “I honestly can’t think of a better fit. Wix is probably the only company that can help Base44 achieve the scale and distribution it needs while maintaining, if not accelerating, our product velocity,” said Maor Shlomo, CEO of Base44. “Our market is massive. It has the potential to replace entire software categories by enabling people to create software instead of buying it. Wix’s DNA – its customer obsession, innovation, and speed – perfectly aligns with ours, and its scale will catapult Base44 forward at exactly the right time.”

    Base44 will continue to operate as a distinct product and business, maintaining its unique identity and momentum while benefiting from the scale and support of Wix.

    Transaction Terms

    Under the terms of the agreement, Wix acquired Base44 for initial consideration of approximately $80 million plus additional earn-out payments paid through 2029 predicated upon certain performance metrics.

    We expect this transaction to have an inconsequential contribution to 2025 bookings and revenue. We expect to incur approximately $25 million in retention bonus payments paid to Base44 employees in 2025 as part of the above initial consideration paid on the transaction, which will be excluded from non-GAAP and free cash flow (FCF) results.

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of Q1 2025.

    About Base44
    Base44 is an innovative AI-powered platform that enables users to build custom software applications effortlessly using natural language, eliminating the need for traditional coding. Founded with a vision to democratize software creation, Base44 combines cutting-edge AI technologies—including code generation and multi-agent orchestration—to empower self-creators, developers, and businesses to rapidly design, deploy, and scale tailored digital solutions. With a growing user base and a focus on seamless, intuitive experiences, Base44 drives the future of no-code development by unlocking new levels of creativity and efficiency for a diverse range of users.

    Forward-Looking Statements

    This document contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements may be identified by words like “anticipate,” “assume,” “believe,” “aim,” “forecast,” “indication,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “subject,” “project,” “outlook,” “future,” “will,” “seek” and similar terms or phrases. The forward-looking statements contained in this document are based on management’s current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others, our ability to achieve the expected benefits from the acquisition of Base44, our ability to attract and retain registered users and partners, and generate new premium subscriptions and additional business solutions as we continuously adjust our marketing strategy and customer care; maintenance of our brand and reputation, and generation of revenue from sources other than premium subscriptions; risks associated with international operations and the use of platform in various countries; risks related to the macroeconomic environment and ongoing global conflicts; security risks and payment risks and fluctuations in foreign currency exchange rates; failures of third-party hardware, software and infrastructure on which we rely, or failure to manage the operation of our infrastructure; adverse market conditions, including inflation, interest rates and other adverse developments that may adversely affect our cash balances and investment portfolio; our history of operating losses and inability to achieve sustained profitability; downturns or upturns in sales are not immediately reflected in full in our operating results; our ability to repurchase our ordinary shares and/or 0.00% Convertible Senior Notes due 2025 pursuant to our repurchase program; our ability to raise capital when needed or on acceptable terms; risks related to acquisitions and investments, pricing decisions, pandemics, natural disasters and other catastrophic events; our ability to develop and introduce new products and services, as well as maintain third-party products and our ability to keep up with rapid changes in design and technology; our ability to attract and retain qualified employees and key personnel; our ability to attract a diversified customer base and increased competition; our ability to maintain compatibility of our platform and solutions with changes in third-party applications and changes to technologies used in our solutions; our ability to acquire and service small business users; risks related to security breaches and unauthorized access to data or cyberattacks; our expectation regarding the uncertain future relationship between the United States and other countries with respect to trade policies, taxes, government regulations, and tariffs; our ability to comply with the regulations applicable to our operations, including new governmental regulations regarding the internet, consumer protection, artificial intelligence (“AI”), privacy and data protection laws and regulations, as well as contractual privacy and data protection obligations; risks relating to intellectual property, including infringements, litigation and claims, and our ability to maintain and protect our intellectual property rights and proprietary information; our expectations regarding the outcome of any regulatory investigation or litigation, including class actions; risks related to the development and integration of AI, generative AI, agentic AI, machine learning, and similar tools into our offerings, and compliance with the regulatory environment impacting AI and AI-related activities; risks related to activities of registered users or content of their websites, and risks related to domain names and industry regulations; risks related to compliance with laws and regulations, including those related to economic sanctions, tariffs, export controls, anti-corruption and anti-money laundering, antitrust, and consumer protection, and changes in these laws and regulations; risks related to tax, including application of indirect taxes, tax laws, changes in tax laws or changes in provision for income tax and examination of income tax returns; risks related to ordinary shares, activist shareholders, and our status as a foreign private issuer; risks related to our incorporation and location in Israel, including conflicts in the area; our expectations regarding future changes in our cost of revenues and our operating expenses on an absolute basis and as a percentage of our revenues; our planned level of capital expenditures and our belief that our existing cash and cash from operations will be sufficient to fund our operations for at least the next 12 months and for the foreseeable future; and our ability to enter into new markets and attract new customer demographics, including our ability to successfully attract new partners and large enterprise-level users and to grow our activities, including through the adoption of our Wix Studio product, with these customer types as anticipated and other factors discussed under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the year ended December 31, 2024 filed with the Securities and Exchange Commission on March 21, 2025. The preceding list is not intended to be an exhaustive list of all of the risks that may impact our forward-looking statements. Any forward-looking statement made by us in this press release speaks only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

    Attachment

    The MIL Network –

  • MIL-OSI: NexQloud Closes $2.3M Pre-Seed Round, Surpasses 1,850 NanoServers Deployed, Outpaces Traditional Data Centers in Efficiency—and Pursues FedRAMP for Public Sector Expansion

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 18, 2025 (GLOBE NEWSWIRE) — NexQloud, a startup in decentralized cloud computing infrastructure, today announced the successful close of its $2.3 million Pre-Seed funding round under a Reg CF exemption. The raise, completed with fully audited financials, marks a significant milestone and confirms market appetite for decentralized computing solutions that reward individuals and organizations for contributing their hardware to the cloud.

    The company now enters a new phase of growth, backed by a 12-month runway and plans to launch a $5 million Seed Round to accelerate proof of market fit for its Distributed Kubernetes Service (DKS) and expand into three additional cloud service verticals designed to serve the growing demand from AI organizations, SaaS providers, and DevOps teams.

    “This funding validates what we’ve always believed — that the future of cloud computing is decentralized, energy efficient, and eco-friendly,” said Mauro Terrinoni, CEO of NexQloud. “With over 1,850 NanoServers live, we’ve demonstrated not only demand but global scalability. Now, we’re focused on unlocking enterprise and federal adoption with even greater ambition.”

    1,850+ NanoServers Now Deployed Across 10 Countries

    Since its last milestone announcement of 1,250 units, NexQloud has rapidly expanded to over 1,850 NanoServers across ten countries, including the United States, United Kingdom, Canada, Belgium, Australia, Vietnam, Switzerland, Germany, India, and Jamaica. This marks a 48% growth since its last update, demonstrating strong contributor momentum and global adoption.

    Built on mobile CPU architecture, each NanoServer operates with just 12% of the energy consumed by traditional rackmount servers. The result: 88% energy savings with identical computational performance. These energy-efficient devices operate 24/7 with minimal cooling or infrastructure overhead, creating a sustainable, community-powered alternative to centralized data centers.

    To date NexQloud’s Distributed Compute Platform (DCP) now comprises:

    • 54,820 virtual CPUs (vCPUs) — powering compute-intensive enterprise workloads
    • 158.83 terabytes of RAM — supporting large-scale, memory-driven applications
    • 849 AI-capable GPUs — enabling real-time machine learning, inference, and analytics

    NexQloud’s DCP Matches Enterprise Data Center Power—Without the Real Estate

    To contextualize the scale of its current infrastructure, NexQloud’s DCP now delivers the performance equivalent of a mid-sized enterprise-grade data center, comprising approximately 70 traditional server racks. The platform can support between 500,000 and 750,000 concurrent users for web-based applications, while simultaneously powering tens of thousands of containerized workloads across its Distributed Kubernetes Service (DKS).

    In addition, NexQloud’s GPU infrastructure can support hundreds of parallel AI inference, training, and rendering tasks, enabling enterprise-scale AI computing at a fraction of typical cost. Remarkably, this level of compute was achieved without building a single data center— and with new devices coming online daily, NexQloud’s DCP will continue to grow in scale and resilience.

    Eliminating Infrastructure Costs, Saving Energy, Reducing Emissions

    If built traditionally, this infrastructure would require an estimated $7.5 million in capital expenditures. NexQloud eliminates these costs entirely by leveraging decentralized ownership and contributor-operated devices, with the potential to deliver:

    • Annual electricity savings: Over 6.94 million kWh, equal to $832,550 in avoided energy costs
    • CO₂ emissions avoided: Approximately 2,895 metric tons per year, equivalent to removing 640 cars from the road
    • Environmental impact: Comparable to planting 133,000 mature trees annually

    “This is more than cloud infrastructure — it’s a major shift in how compute is produced, powered, and rewarded,” added Terrinoni. “With the theoretical ability to add millions of devices, we are poised to do for computing what the internet did for information —decentralize it, distribute it, and redefine it.”

    Pursuing FedRAMP to Unlock Government Cloud Contracts

    Lastly, the company announces its intent to pursue FedRAMP certification to unlock opportunities with U.S. government agencies. As one of the largest consumers of traditional cloud infrastructure, the U.S. government represents a high-value target. NexQloud’s pursuit of FedRAMP is a strategic move to access public sector contracts and expand into one of the most regulated and defensible segments of the cloud market.

    About NexQloud

    NexQloud is redefining cloud infrastructure by combining blockchain, AI, and a global network of energy-efficient NanoServers into a scalable, secure, and environmentally responsible computing platform. Through its NXQ token economy and Distributed Kubernetes Service (DKS), NexQloud offers individuals and enterprises an inclusive alternative to centralized hyperscale providers.

    Media Contact:
    Mauro Terrinoni, CEO
    Email: mterrinoni@nexqloud.io
    Phone: +1 669 241 0916
    Website: www.nexqloud.io

    The MIL Network –

  • MIL-OSI: Incorta Connect + Databricks: Delivering Frictionless ERP Data Without ETL Complexity

    Source: GlobeNewswire (MIL-OSI)

    FOSTER CITY, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Incorta, the only data integration platform that takes away the pain of ETL processes, is bringing its power to Databricks – expanding its ecosystem of supported platforms, including Snowflake and Google Cloud. This underscores Incorta’s commitment to modernizing data infrastructure by delivering real-time, analytics-ready data, without the cost, complexity, or delays of traditional ETL processes.

    With Incorta Connect, Databricks users can access detailed ERP data in days rather than months, avoiding costly transformation processes. Incorta Connect delivers live, transaction-level data directly from complex systems like Oracle and SAP, providing a trusted data foundation for AI model training, forecasting, and augmented analytics—all without sacrificing granularity or speed.

    “Databricks is a powerful platform for AI, but moving ERP data into it has traditionally been slow, complex, and expensive,” said Ashwin Warrier, VP and Head of Product at Incorta. “With Incorta Connect, we remove that friction, delivering live, governed, and harmonized data into Databricks without sacrificing fidelity or speed.”

    Unlike legacy ETL tools that reshape and summarize data, Incorta Connect uses its patented Direct Data Mapping® technology to deliver source-identical data in its most granular form. By bypassing traditional steps like relationship mapping, schema detection, and data normalization, this direct delivery accelerates time-to-value for faster decision-making, rapid AI application development, and superior analytics performance for Databricks users.

    This announcement builds on Incorta’s growing momentum, including recent integrations and strategic partnerships with Snowflake, Google Cloud, and Workday, demonstrating its category-defining leadership in helping enterprises become truly data-driven.

    See how the world’s largest coffee retailer uses Incorta Connect to deliver Oracle EBS data straight to Databricks—unlocking real-time insights and cutting costs by 40%.

    To learn more, visit: https://www.incorta.com/demo

    About Incorta

    Incorta is the first and only open data delivery platform that enables real-time analysis of live, detailed data across all systems of record—without the need for complex ETL processes. By enabling direct analysis on raw, source-identical data, Incorta provides faster, more accurate insights while removing barriers to exploration. With intuitive low-code/no-code tools, AI-powered querying through Nexus, and prebuilt business data applications, enterprise teams can quickly surface insights, break down technical roadblocks, and make smarter decisions without heavy engineering effort. Incorta’s unmatched efficiency shortens time to value and lowers total cost of ownership, helping data teams move at the speed of business. For more information, click here.

    Media Contact:
    Elizabeth Byington
    incorta@sparkpr.com

    The MIL Network –

  • MIL-OSI: Unframe Launches Synergy: The AI-Native Command Center for Enterprise IT Ops to Automate and Optimize Existing Tech Stacks

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Unframe announces the launch and general availability of Synergy, the AI-native command center for enterprise IT operations. Purpose-built to help IT teams reduce mean time to resolution (MTTR), eliminate alert fatigue, and boost operational resilience, Synergy layers generative AI across the tools organizations already rely on, including ServiceNow, Splunk, Jira, New Relic, Confluence, and more. Synergy automates manual tasks and enables natural language Q&A to resolve issues more quickly, allowing teams to focus on more strategic initiatives.

    “Synergy turns noise into insight,” says Shay Levi, CEO of Unframe. “IT Ops teams are drowning in alerts, switching between tools, and losing time on manual triage. Synergy uses AI to connect the dots, so they can focus on strategic impact instead of scattered signals.”

    Synergy solves the gap in IT Ops efficiency by integrating with existing platforms to enable unprecedented clarity, speed, and unification. By filtering operational noise to deliver clear actions, Synergy transitions teams to smarter, easier, and more productive IT Ops workflows in days.

    The Urgent Need for AI in IT Ops: Alert Fatigue and Inefficiency

    Synergy’s launch comes as IT Ops emerges as the most impactful enterprise AI use case, according to Unframe’s 2025 Enterprise AI Trends Report. The research highlights that 63% of enterprise leaders cite operational efficiency as a top driver for AI adoption. They want to streamline the complex web of existing tools, without adding or needing to rip-and-replace – 90% cite integration with existing stacks as essential.

    In today’s enterprise tech stacks, IT leaders, managers, and teams face:

    • Tools that collect mountains of data – but don’t talk to each other
    • Dashboards that overload and confuse instead of surfacing insights
    • Manual triaging and root cause analysis that slow down resolutions
    • Upcoming and critical incidents that aren’t noticed until they cause big problems
    • Low visibility into full-stack performance and efficiency

    Every minute of downtime and inefficiency translates to real financial and reputational cost. Yet 48% of enterprise leaders are still held back by budget and ROI concerns, citing high implementation costs as a barrier. That’s where Synergy comes in with the power to understand, not just notify, and deliver real efficiencies immediately after implementation.

    Unify IT Ops with an AI-Native Command Center

    Synergy’s AI-native command center unites the existing IT Ops tech stack with a smart layer of automated management across monitoring, ticketing, logging, and knowledge systems. By streamlining simple tasks, surfacing clear insights, and quickly explaining root causes, Synergy delivers natural language reports and recommends next steps – not just alerts.

    “With Synergy, your team no longer has to dig through 10 tools to understand an incident. It’s like having an AI operations analyst on call 24/7,” says Alissa Gilbert, Solutions Engineer at Unframe.

    Synergy already helps IT teams across industries including financial services, telecom, healthcare, and manufacturing maximize tech stack value and optimization. Smashing silos between tools and teams, Synergy easily integrates the entire stack for connected, explainable, and actionable insights that get smarter with every incident. Synergy’s AI-driven powers include:

    • Real-Time Correlation between every tool to streamline alerts, incidents, runbooks, logs, and knowledge base content across your stack, automatically
    • AI-Powered Root Cause Analysis to quickly analyze patterns, surface similar past incidents, and generate natural language summaries
    • Natural Language Queries: Ask questions about incident reports and RCAs and get accurate answers instantly
    • Proactive Monitoring that surfaces risks and anomalies before they escalate for preventive action, not reactive triage
    • Smart Incident Workflows that don’t just automate, but recommend next steps (e.g., runbook, incident, ticket), while flagging delays or ownership gaps
    • AI-Unified Reporting for a single view into live incidents, system performance, and operational KPIs to meet SLAs consistently

    Synergy’s full-stack coverage comes with Unframe’s complete security and compliance alignment, fully compliant with SOC 2 Type II, ISO 27001, and GDPR and deployable on-prem, in cloud, or hybrid. Outcome-based pricing means enterprises don’t lock in their subscription until they’ve experienced Synergy in action – automating their actual IT Ops environments with immediate impact.

    Synergy solves the urgent need for AI-native streamlining in IT Ops so enterprises can enact faster resolutions, achieve full-stack observability, and focus on strategic impact, not manual efforts.

    AI-Managed IT Ops for Rapid Enterprise Transformation

    Synergy, powered by Unframe, is now generally available to enterprises globally. Following quick custom integration with existing tech stacks, it delivers action and results – transforming IT Ops – just days after implementation.

    Learn more at www.unframe.ai/synergy

    About Unframe

    Unframe is the Managed AI Delivery Platform that delivers AI solutions tailored to your business in days. With Unframe, organizations can turn high-value AI use cases into real outcomes. With its modular building blocks and custom Blueprints, Unframe integrates with entire tech stacks to serve the varied needs of enterprise teams. Unframe is headquartered in Cupertino, California, with a global presence in Tel Aviv and Berlin. Explore Unframe at www.unframe.ai.

    Contact:
    Cassandra Leonard
    press@unframe.ai

    The MIL Network –

  • MIL-OSI: Unframe Launches Synergy: The AI-Native Command Center for Enterprise IT Ops to Automate and Optimize Existing Tech Stacks

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Unframe announces the launch and general availability of Synergy, the AI-native command center for enterprise IT operations. Purpose-built to help IT teams reduce mean time to resolution (MTTR), eliminate alert fatigue, and boost operational resilience, Synergy layers generative AI across the tools organizations already rely on, including ServiceNow, Splunk, Jira, New Relic, Confluence, and more. Synergy automates manual tasks and enables natural language Q&A to resolve issues more quickly, allowing teams to focus on more strategic initiatives.

    “Synergy turns noise into insight,” says Shay Levi, CEO of Unframe. “IT Ops teams are drowning in alerts, switching between tools, and losing time on manual triage. Synergy uses AI to connect the dots, so they can focus on strategic impact instead of scattered signals.”

    Synergy solves the gap in IT Ops efficiency by integrating with existing platforms to enable unprecedented clarity, speed, and unification. By filtering operational noise to deliver clear actions, Synergy transitions teams to smarter, easier, and more productive IT Ops workflows in days.

    The Urgent Need for AI in IT Ops: Alert Fatigue and Inefficiency

    Synergy’s launch comes as IT Ops emerges as the most impactful enterprise AI use case, according to Unframe’s 2025 Enterprise AI Trends Report. The research highlights that 63% of enterprise leaders cite operational efficiency as a top driver for AI adoption. They want to streamline the complex web of existing tools, without adding or needing to rip-and-replace – 90% cite integration with existing stacks as essential.

    In today’s enterprise tech stacks, IT leaders, managers, and teams face:

    • Tools that collect mountains of data – but don’t talk to each other
    • Dashboards that overload and confuse instead of surfacing insights
    • Manual triaging and root cause analysis that slow down resolutions
    • Upcoming and critical incidents that aren’t noticed until they cause big problems
    • Low visibility into full-stack performance and efficiency

    Every minute of downtime and inefficiency translates to real financial and reputational cost. Yet 48% of enterprise leaders are still held back by budget and ROI concerns, citing high implementation costs as a barrier. That’s where Synergy comes in with the power to understand, not just notify, and deliver real efficiencies immediately after implementation.

    Unify IT Ops with an AI-Native Command Center

    Synergy’s AI-native command center unites the existing IT Ops tech stack with a smart layer of automated management across monitoring, ticketing, logging, and knowledge systems. By streamlining simple tasks, surfacing clear insights, and quickly explaining root causes, Synergy delivers natural language reports and recommends next steps – not just alerts.

    “With Synergy, your team no longer has to dig through 10 tools to understand an incident. It’s like having an AI operations analyst on call 24/7,” says Alissa Gilbert, Solutions Engineer at Unframe.

    Synergy already helps IT teams across industries including financial services, telecom, healthcare, and manufacturing maximize tech stack value and optimization. Smashing silos between tools and teams, Synergy easily integrates the entire stack for connected, explainable, and actionable insights that get smarter with every incident. Synergy’s AI-driven powers include:

    • Real-Time Correlation between every tool to streamline alerts, incidents, runbooks, logs, and knowledge base content across your stack, automatically
    • AI-Powered Root Cause Analysis to quickly analyze patterns, surface similar past incidents, and generate natural language summaries
    • Natural Language Queries: Ask questions about incident reports and RCAs and get accurate answers instantly
    • Proactive Monitoring that surfaces risks and anomalies before they escalate for preventive action, not reactive triage
    • Smart Incident Workflows that don’t just automate, but recommend next steps (e.g., runbook, incident, ticket), while flagging delays or ownership gaps
    • AI-Unified Reporting for a single view into live incidents, system performance, and operational KPIs to meet SLAs consistently

    Synergy’s full-stack coverage comes with Unframe’s complete security and compliance alignment, fully compliant with SOC 2 Type II, ISO 27001, and GDPR and deployable on-prem, in cloud, or hybrid. Outcome-based pricing means enterprises don’t lock in their subscription until they’ve experienced Synergy in action – automating their actual IT Ops environments with immediate impact.

    Synergy solves the urgent need for AI-native streamlining in IT Ops so enterprises can enact faster resolutions, achieve full-stack observability, and focus on strategic impact, not manual efforts.

    AI-Managed IT Ops for Rapid Enterprise Transformation

    Synergy, powered by Unframe, is now generally available to enterprises globally. Following quick custom integration with existing tech stacks, it delivers action and results – transforming IT Ops – just days after implementation.

    Learn more at www.unframe.ai/synergy

    About Unframe

    Unframe is the Managed AI Delivery Platform that delivers AI solutions tailored to your business in days. With Unframe, organizations can turn high-value AI use cases into real outcomes. With its modular building blocks and custom Blueprints, Unframe integrates with entire tech stacks to serve the varied needs of enterprise teams. Unframe is headquartered in Cupertino, California, with a global presence in Tel Aviv and Berlin. Explore Unframe at www.unframe.ai.

    Contact:
    Cassandra Leonard
    press@unframe.ai

    The MIL Network –

  • MIL-OSI: Intapp announces collaboration with Snowflake for enhanced analytics and industry insights

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, today announced a new strategic collaboration with Snowflake, the AI Data Cloud company. Intapp client firms will now be able to quickly build and apply analytics across a broad set of firmwide data in the Snowflake AI Data Cloud, then leverage that information within Intapp DealCloud to further enrich their deal management capabilities.  

    This collaboration brings together Snowflake’s ability to combine data across key systems and DealCloud’s robust deal management capabilities which are underpinned by AI-powered workflows and data models. By leveraging the Snowflake AI Data Cloud, Intapp is helping advisory, capital markets, and legal firms to more easily apply analytics to their most relevant deal data.

    “Our clients are increasingly seeing the value in eliminating data silos across their firms and are turning to Snowflake to help them in this quest,” said Erin Guinan, General Manager of DealCloud at Intapp. “Forging this connection with Snowflake lets firms more easily build and apply analytics with firmwide data that inform deal-related decision-making and embed that information back into key workflows within DealCloud.”

    “Intapp’s commitment to helping Snowflake empower every enterprise to achieve its full potential through data and AI can be seen through the launch of our new integration with DealCloud,” said Rinesh Patel, Global Head of Financial Services at Snowflake. “We look forward to driving deeper value for joint customers by working with Intapp to allow firms to access richer insights across broad data sets underpinned by the proprietary insights they capture and manage in DealCloud.”

    About Intapp 
    Intapp software helps professionals unlock their teams’ knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp’s portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world’s top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp’s industry-specific platform and solutions to modernize and drive new growth. For more information, visit intapp.com and LinkedIn. 

    Media contact:
    Ali Robinson
    Press@intapp.com

    The MIL Network –

  • MIL-OSI: Satellogic Poised to Deliver Its NextGen Satellite and Technology Transfer for Malaysia’s Earth Observation Satellite Program

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Satellogic, Inc. (NASDAQ: SATL), a leader in satellite manufacturing and high-resolution Earth observation data, is pleased to announce that Uzma Berhad, and by extension Satellogic as Uzma’s Technology Partner, has been selected as the successful bidder to lead the Malaysian High-Resolution Earth Observation Satellite Project (MHREOSP) for the Government of Malaysia.

    As a technology partner, Satellogic will design, develop, assemble, integrate and test a state-of-the-art high resolution satellite with active involvement of Malaysian personnel. This newest evolution of Satellogic’s proven platform, is built on the extensive heritage from over 50 NewSat satellites and features key upgrades, including superior National Imagery Interpretability Rating Scales (NIIRS) ratings, larger optics and enhanced sensor design, to deliver 50cm resolution across all spectral bands. Final integration and testing are planned to take place in Malaysia in collaboration with Uzma and local parties to support meaningful homegrown capacity development.

    This collaboration builds on the successful deployment of UzmaSAT-1 and underscores Satellogic’s commitment to delivering agile space solutions to its customers around the world. “Satellogic brings proven satellite technology and a commitment to agile innovation that aligns with our goals and the nation’s space aspirations, supporting the Malaysia Space Exploration 2030 Action Plan,” said Dato’ Kamarul Redzuan Muhamed, Group CEO of Uzma Berhad. “With the Government’s guidance, Satellogic’s expertise, and our homegrown talents, we are enabling Malaysia to leap forward in its geospatial intelligence capabilities and supporting the long-term sustainability of our national infrastructure and environment by nurturing local talent through knowledge sharing, technology transfer, and exposure to satellite technology. We look forward to help grow the ecosystem further, guided by the Malaysian Government and its agencies, including Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), MYSA, the Public-Private Partnership Unit (UKAS), and Malaysian Industry-Government Group for High Technology (MIGHT).”

    The selection strengthens Satellogic’s expanding presence in Asia and reinforces its mission to democratize access to state-of-the-art space technology.
    “This partnership harnesses the power of commercial space to strengthen national sovereignty through proprietary space access,” said Emiliano Kargieman, CEO & Co-Founder of Satellogic. “We’re proud to support Malaysia’s forward-looking vision for space and to work alongside Uzma and GeospatialAI in delivering capabilities that will drive national resilience and innovation”

    About Satellogic

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

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

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

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

    Forward-Looking Statements

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

    Contacts

    Investor Relations:

    Ryan Driver, VP of Strategy & Corporate Development 

    ryan.driver@Satellogic.com

    Media Relations:

    Satellogic

    pr@Satellogic.com

    Uzma Berhad

    communications@uzmagroup.com

    The MIL Network –

  • MIL-OSI: Satellogic Poised to Deliver Its NextGen Satellite and Technology Transfer for Malaysia’s Earth Observation Satellite Program

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) — Satellogic, Inc. (NASDAQ: SATL), a leader in satellite manufacturing and high-resolution Earth observation data, is pleased to announce that Uzma Berhad, and by extension Satellogic as Uzma’s Technology Partner, has been selected as the successful bidder to lead the Malaysian High-Resolution Earth Observation Satellite Project (MHREOSP) for the Government of Malaysia.

    As a technology partner, Satellogic will design, develop, assemble, integrate and test a state-of-the-art high resolution satellite with active involvement of Malaysian personnel. This newest evolution of Satellogic’s proven platform, is built on the extensive heritage from over 50 NewSat satellites and features key upgrades, including superior National Imagery Interpretability Rating Scales (NIIRS) ratings, larger optics and enhanced sensor design, to deliver 50cm resolution across all spectral bands. Final integration and testing are planned to take place in Malaysia in collaboration with Uzma and local parties to support meaningful homegrown capacity development.

    This collaboration builds on the successful deployment of UzmaSAT-1 and underscores Satellogic’s commitment to delivering agile space solutions to its customers around the world. “Satellogic brings proven satellite technology and a commitment to agile innovation that aligns with our goals and the nation’s space aspirations, supporting the Malaysia Space Exploration 2030 Action Plan,” said Dato’ Kamarul Redzuan Muhamed, Group CEO of Uzma Berhad. “With the Government’s guidance, Satellogic’s expertise, and our homegrown talents, we are enabling Malaysia to leap forward in its geospatial intelligence capabilities and supporting the long-term sustainability of our national infrastructure and environment by nurturing local talent through knowledge sharing, technology transfer, and exposure to satellite technology. We look forward to help grow the ecosystem further, guided by the Malaysian Government and its agencies, including Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), MYSA, the Public-Private Partnership Unit (UKAS), and Malaysian Industry-Government Group for High Technology (MIGHT).”

    The selection strengthens Satellogic’s expanding presence in Asia and reinforces its mission to democratize access to state-of-the-art space technology.
    “This partnership harnesses the power of commercial space to strengthen national sovereignty through proprietary space access,” said Emiliano Kargieman, CEO & Co-Founder of Satellogic. “We’re proud to support Malaysia’s forward-looking vision for space and to work alongside Uzma and GeospatialAI in delivering capabilities that will drive national resilience and innovation”

    About Satellogic

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

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

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

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

    Forward-Looking Statements

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

    Contacts

    Investor Relations:

    Ryan Driver, VP of Strategy & Corporate Development 

    ryan.driver@Satellogic.com

    Media Relations:

    Satellogic

    pr@Satellogic.com

    Uzma Berhad

    communications@uzmagroup.com

    The MIL Network –