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Category: Artificial Intelligence

  • MIL-OSI: American Rebel Holdings, Inc. (NASDAQ: AREB) Announces American Rebel Light Beer’s Initial Expansion into 62 Total Wine & More Locations – America’s Largest Independent Alcohol Retailer

    Source: GlobeNewswire (MIL-OSI)

    • Consumers looking for American Rebel Light – America’s Patriotic Beer can now purchase in-store at several Total Wine & More locations across the American Rebel Light Beer Distribution Footprint.
    • Initial Placement for American Rebel Light Beer in either 12oz or 16oz cans is scheduled for 62 Total Wine & More Locations across 7 states.
    • Total Wine & More has officially approved American Rebel Light Beer for immediate placement reinforcing the brand’s rapid growth and consumer demand.

    NASHVILLE, TN, June 03, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), proudly reports that American Rebel Premium Light Lager Beer (“Rebel Light”) continues its rapid national retail and chain expansion with Total Wine and More, one of the nation’s leading alcohol retailers. American Rebel Light Beer, America’s Patriotic Beer, is initially scheduled to be placed into 62 Total Wine & More (www.totalwine.com) locations. This milestone marks another significant step in American Rebel Light Beer’s retail and chain growth strategy, ensuring greater accessibility for consumers across Florida, Tennessee, North Carolina, Kentucky, Connecticut, Missouri, and Kansas—key territories where the brand has active distribution partners.

    Total Wine & More (www.totalwine.com) is recognized as a premier national retailer, boasting over 250 locations across the United States. The company plays a pivotal role in the alcohol industry, generating billions in annual sales and serving as a top destination for beer, wine, and spirits enthusiasts. With beer accounting for approximately 42% of supplier gross revenues in the U.S. alcohol market, Total Wine remains a critical player in domestic light beer sales.

    “The U.S. domestic beer market is a multi-billion-dollar powerhouse, fueling American traditions and bringing people together in celebration. As America’s Patriotic Beer, American Rebel Light Beer is not just making waves—we are redefining what it means to be a beer brand with heart, grit, and unwavering American values. With explosive growth and a rapidly expanding footprint, we are proud to be recognized as America’s Fastest Growing Beer and well on our way to becoming America’s Next Great Success Story.’ said Andy Ross, CEO of American Rebel Holdings, Inc. “Adding a premier alcohol retailer like Total Wine & More to our distribution network is a critical milestone in our mission to bring American Rebel Light Beer to more consumers nationwide. Total Wine’s reputation for excellence and expansive reach will allow us to connect with new audiences who share our passion for quality beer and patriotic pride. This expansion reinforces our commitment to making American Rebel Light Beer a household name across the country.”

    “American Rebel Light Beer’s entry into Total Wine & More is another significant milestone for American Rebel Light Beer,” said Todd Porter, President at American Rebel Beverages. “Total Wine’s expansive reach and reputation as a trusted retailer will allow us to connect with more consumers who share our passion, patriotic values and see the market opportunity for a quality, better for you, domestic light beer.”

    Total Wine & More Market Influence, Sales Impact & Customer Experience

    Total Wine generates billions in annual revenue, surpassing many competitors in wine and spirits sales. The retailer plays a crucial role in the U.S. alcohol market, where beer alone accounts for 42% of supplier gross revenues.

    Customer Experience & Brand Strategy

    Total Wine enhances its customer experience with in-store tastings, educational events, and private-label offerings, making it a go-to destination for beverage enthusiasts. Its ability to provide exclusive products and expert recommendations sets it apart from general grocery and warehouse retailers

    American Rebel Light Beer’s presence in Total Wine locations will be supported by in-store promotions, digital marketing campaigns, and brand ambassador activations to engage customers and drive awareness. The company remains committed to delivering a premium domestic light beer that embodies the spirit of American pride and resilience.

    The placements have already begun with several locations currently in stock including

    Tennessee

    Brentwood (Nashville), TN

    Brentwood Place Shopping Center
    330 Franklin Rd., Suite 306C

    Brentwood, TN 37027

    Knoxville, TN

    Pinnacle at Turkey Creek
    11370 Parkside Dr., Suite 2400

    Knoxville, TN 37934

    North Carolina

    Charlotte (Rivergate), NC

    RiverGate
    14151 Steele Creek Rd., Suite 200

    Charlotte, NC 28273

    Charlotte (Promenade on Providence), NC

    Promenade on Providence
    5341 Ballantyne Commons Pkwy. S. 100

    Charlotte, NC 28277

    Concord, NC

    Pavilion at Kings Grant
    8054 Concord Mills Blvd.

    Concord, NC 28027

    Charlotte (Myers Park), NC

    Park Towne Village (Myers Park)
    1600 East Woodlawn Road

    Charlotte, NC 28209

    Cornelius, NC

    The Shops at the Fresh Market
    20615 Torrence Chapel Road, Unit 101

    Cornelius, NC 28031

    Kentucky

    Lexington Green, KY

    The Mall at Lexington Green
    161 Lexington Green Circle

    Lexington, KY 40503

    Sir Barton, KY

    Sir Barton Place Shopping Center
    2321 Sir Barton Way Suite 165

    Lexington, KY 40509

    Connecticut

    Norwalk, CT

    Main Avenue Shopping Center
    380 Main Ave.

    Norwalk, CT 06851

    Milford, CT

    230 Cherry St.
    Milford, CT 06460

    Kansas

    Overland Park, KS

    Pinnacle Village Shopping Center
    12100 Blue Valley Parkway

    Overland Park, KS 66213

    Wichita, KS

    Greenwich Place
    2762 N Greenwich Ct.

    Wichita, KS 67226

    Florida

    Jacksonville, FL

    St. John’s Town Center North
    4413 Town Center Parkway 300

    Jacksonville, FL 32246

    For more information on American Rebel Light Beer and its availability at Total Wine & More, visit americanrebelbeer.com.

    About American Rebel Light Beer

    American Rebel Light is more than just a beer—it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.

    For more information about American Rebel Light and its sponsorship of the NHRA 4-Wide Nationals, visit American Rebel Light NHRA 4-Wide Nationals | Events | Charlotte Motor Speedway or follow us on social media @AmericanRebelBeer

    Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida and Indiana and is adding new distributors and territories regularly. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or follow us on our social media platforms.

    Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a domestic premium light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    About Total Wine & More

    Total Wine & More is America’s Wine Superstore® — the country‘s largest independent retailer of fine wine. We started in 1991 when brothers David and Robert Trone opened a small store in Delaware. Today, Total Wine & More operates 282 superstores across 29 states and continues to grow. Total Wine & More employs more than 11,000 dedicated men and women

    Total Wine and More offers nation’s best wine selection, with an emphasis on fine wines. The typical store carries more than 8,000 different wines from every wine-producing region in the world. The typical Total Wine & More also carries more than 2,500 beers, from America’s most popular brands to hard-to-find microbrews and imports, and more than 3,000 different spirits in every style and price range.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer.. The Company also designs and produces branded apparel and accessories. To learn more, visit www.americanrebel.com and www.americanrebelbeer.com. For investor information, visit www.americanrebel.com/investor-relations.

    Media Inquiries:
    Matt Sheldon
    Matt@Precisionpr.co
    917-280-7329

    American Rebel Holdings, Inc.
    ir@americanrebel.com
    info@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of placements in Total Wine & More locations, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the three months ended March 31, 2025. Any forward-looking statement made by us herein speaks only as of the date on which it is made. 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, except as may be required by law.

    Attachment

    • American Rebel Holdings, Inc

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Orion180 Launches Its Customizable Private Flood Insurance in Florida

    Source: GlobeNewswire (MIL-OSI)

    MELBOURNE, Fla., June 03, 2025 (GLOBE NEWSWIRE) — Orion180, a leading provider of innovative insurance solutions, today announced the availability of its Residential Private Flood Insurance in Florida. Designed to provide fair, competitive, and comprehensive coverage, Orion180’s flood insurance solution leverages advanced risk analysis and customizable policy options to offer homeowners a smarter alternative to traditional options.

    Despite rising sea levels and increased hurricane frequency causing more flooding in Florida, only about 12% of Florida’s nine million properties had flood insurance as of June 2024—leaving a vast majority of homeowners financially vulnerable. These environmental changes have led to residential flooding extending beyond traditionally high-risk zones, with approximately 25% of all flood claims nationwide now coming from moderate- to low-risk areas.

    With low coverage rates, high premiums, and increasing flood risks, Florida homeowners need a reliable and accessible insurance solution that provides adequate protection without unnecessary hurdles. Orion180 goes beyond Federal Emergency Management Agency (FEMA) flood maps, as their data-driven underwriting incorporates advanced third-party flood mapping and property-specific risk assessments, ensuring more accurate pricing and better protection for policyholders. With competitive pricing and a seamless, digital-first experience, Orion180 is making flood insurance more accessible, flexible, and beneficial for Florida homeowners.

    Key Benefits of Orion180’s Residential Private Flood Insurance include:

    • Comprehensive Coverage: Offers up to $1M in building coverage with a 10-day or less waiting period, far exceeding many traditional flood insurance policies like the National Flood Insurance Program (NFIP) managed by FEMA, which only offers up to $250,000 with a 30-day waiting period.
    • No Elevation Certificate Required: Most homeowners can secure coverage without additional paperwork or home inspections.
    • Mortgage-approved: Policies meet FMAC and FNMA guidelines, ensuring seamless acceptance by mortgage lenders.
    • Additional Policy Enhancements: Includes loss of use, personal property replacement cost, water backup/sump pump overflow coverage, swimming pool cleanup/repair, and debris removal, among other benefits.
    • Expanded Zone Coverage: Covers all flood zones (X, A, & V) to provide protection where it’s needed most.

    “Flooding is a growing concern for homeowners in Florida, and too often, people find themselves underinsured or facing expensive policies with limited options,” said Ken Gregg, CEO of Orion180. “Our goal is to simplify the process, offer more competitive rates, and provide homeowners with superior protection that aligns with their actual risk—not just their zip code.”

    Homeowners can purchase Orion180’s Residential Private Flood Insurance as a standalone policy in Florida, Alabama, Arizona, Colorado, Georgia, Illinois, Mississippi, North Carolina, Ohio, South Carolina, and Tennessee or as an add-on to their existing Orion180 surplus lines home insurance in Alabama, Georgia, Mississippi, North Carolina and South Carolina. For more information, visit Orion180.com/flood.
      
    About Orion180
    Orion180 is a technology-driven and customer-centric insurance brand that combines proprietary technology, real-time data, and straightforward underwriting practices to provide a seamless and premier insurance experience. Orion180 operates through Orion180 Insurance Co., a surplus lines insurance company serving Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Texas, Colorado (Flood only), Tennessee (Flood only), Illinois (Flood only) and Arizona, and Orion180 Select Insurance Co., an admitted insurance company offering coverage in Alabama, Arizona, Georgia, Indiana, Mississippi, North Carolina, and Ohio. With its proprietary MY180 platform and third-party integrations, Orion180 offers unmatched efficiency and innovation, fulfilling its vision of becoming the global leader in insurance solutions while maintaining its mission to deliver superior customer experiences and a comprehensive suite of products. Connect with Orion180 on X, LinkedIn, Facebook, Instagram, TruthSocial, and YouTube. For more information, visit www.Orion180.com.

    Media Contact
    Ross Blume
    Fusion Public Relations
    orion180@fusionpr.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Broadcom Ships Tomahawk 6: World’s First 102.4 Tbps Switch

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., June 03, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO) announced today that it is now shipping the Tomahawk® 6 switch series, delivering the world’s first 102.4 Terabits/sec of switching capacity in a single chip – double the bandwidth of any Ethernet switch currently available on the market. With unprecedented scale, energy efficiency, and AI-optimized features, Tomahawk 6 is built to power the next generation of scale-up and scale-out AI networks, delivering unmatched flexibility with support for 100G/200G SerDes and co-packaged optics (CPO). It offers the industry’s most comprehensive set of AI routing features and interconnect options, designed to meet the demands of AI clusters with more than one million XPUs.

    “Tomahawk 6 is not just an upgrade – it’s a breakthrough,” said Ram Velaga, senior vice president and general manager, Core Switching Group, Broadcom. “It marks a turning point in AI infrastructure design, combining the highest bandwidth, power efficiency, and adaptive routing features for scale-up and scale-out networks into one platform. Demand from customers and partners has been unprecedented. Tomahawk 6 is poised to make a rapid and dramatic impact on the deployment of large AI clusters.”

    “AI clusters are scaling from tens to thousands of accelerators, turning the network into a critical bottleneck while expected to deliver unprecedented bandwidth and latency,” said Kunjan Sobhani, lead semiconductor analyst, Bloomberg Intelligence. “By breaking the 100Tbps barrier and unifying scale-up and scale-out Ethernet, Broadcom’s Tomahawk 6 gives hyperscalers an open, standards-based fabric—free of proprietary lock-in—and a clear, flexible path to the next wave of AI infrastructure.”

    Join us here for the Tomahawk 6 digital launch event on Tuesday, June 3, 2025, at 9:00 AM PDT / 12:00 PM EDT, featuring insights from Broadcom and leading industry experts.

    Flexible Connectivity Options with Co-Packaged Optics Support

    The innovations of Tomahawk 6 extend far beyond the chip, delivering full system-level power efficiency and cost savings, enabled by Broadcom’s best-in-class SerDes and optics ecosystem. With industry-leading 200G SerDes, it provides the longest reach for passive copper interconnect, enabling high-efficiency, low-latency system design with the highest reliability and lowest total cost of ownership (TCO). The Tomahawk 6 family includes a groundbreaking option for 1,024 100G SerDes on a single chip, enabling customers to deploy AI clusters with extended copper reach and efficient use of XPUs and optics with native 100G interfaces.

    For systems requiring optical connectivity, Tomahawk 6 will also be available with co-packaged optics, providing the lowest power and latency while reducing link flaps and improving long-term reliability – essential advantages for hyperscale AI network operators. The Tomahawk 6 CPO solution builds upon the technology Broadcom delivered with CPO versions of Tomahawk 4 and 5.

    AI-Optimized Routing for Scale-Up and 1M+ XPU Scale-Out Networks

    Tomahawk 6’s architecture enables unified networks for AI training and inference at unprecedented scale. Cognitive Routing 2.0 in Tomahawk 6 features advanced telemetry, dynamic congestion control, rapid failure detection, and packet trimming, enabling global load balancing and adaptive flow control. These capabilities are tailored for modern AI workloads, including mixture-of-experts, fine-tuning, reinforcement learning, and reasoning models.

    With scale-out and scale-up networking support, Tomahawk 6 meets all networking demands for emerging 100,000 to one million XPU clusters. Leveraging Ethernet for both scale-out and scale-up interfaces offers significant advantages for network operators, enabling them to use a unified technology stack and consistent operational tools across the entire AI fabric. It also enables fungible interfaces where cloud operators can dynamically partition their XPU assets into the optimal configuration for different customer workloads.

    The momentum behind Tomahawk 6 and Ethernet for all backend networking needs      is unmistakable. Multiple deployments are planned with more than 100,000 XPUs using Tomahawk 6 for both the scale-out and scale-up interconnect.

    Open Scale-Up Innovation with the Scale Up Ethernet (SUE) Framework

    Tomahawk 6 is designed to be part of a vibrant, open scale-up Ethernet ecosystem. To this end, Broadcom is enabling the industry with open specifications for efficient scale-up interfaces for XPUs and NICs. The SUE Framework was announced by Broadcom at Open Compute Project (OCP) Dublin in April 2025 and is freely available at this link. This technology will be shared with open standards development organizations, including OCP.

    Open, End-to-End Platform for AI Infrastructure

    Broadcom’s end-to-end Ethernet AI platform includes the Tomahawk and Jericho switch families, Thor NICs, Agera retimers, Sian optical DSPs, co-packaged optics, and software development kits – delivering a complete solution for next-generation AI infrastructure.

    Tomahawk 6 is a key proof point for Broadcom’s commitment to enabling Ethernet for both scale-up and scale-out. Tomahawk 6 is Ultra Ethernet Consortium compliant and supports modern AI transports, congestion signaling, and telemetry for large, distributed training environments. It also supports arbitrary network topologies, including scale-up, Clos, rail-only, rail-optimized, and torus.

    Tomahawk 6 Series Key Benefits:

    • 102.4 Tbps of Ethernet switching in a single chip
    • Scale-up cluster size of 512 XPUs
    • 100,000+ XPUs in a two-tier scale-out network at 200 Gbps/link
    • 200G or 100G PAM4 SerDes with support for long-reach passive copper
    • Option for co-packaged optics
    • Cognitive Routing 2.0
    • Unmatched power and system efficiency for AI training and inference
    • Works with any NIC or XPU Ethernet endpoint
    • Support for arbitrary topologies, including scale-up, Clos, rail-only, rail-optimized, and torus
    • Compliant with Ultra Ethernet Consortium specifications

    To learn more about the Broadcom Tomahawk 6 family, click here. Explore the comprehensive Scale-Up/Scale-Out media kit here for resources and insights on Broadcom’s scalable solutions. For in-depth details on Broadcom’s CPO technology, click here.

    About Broadcom

    Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom’s category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.

    Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term “Broadcom” refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.

    Press Contact:

    Jon Piazza
    Global Communications
    press.relations@broadcom.com
    Telephone: +1 310 498 5254

    Industry Quotes

    Michael KT Lee, Senior Vice President of Research & Development Center, Accton
    “To keep pace with the rapid growth of AI workloads, Broadcom continues to innovate and lead the industry in speed and power of Ethernet Networking. With the 512-XPU scale-up at 200G/link for SUE, 1M+ XPUs cluster scale-out, and the leading-edge SerDes capability to support long-reach passive-copper of Tomahawk 6, Accton is excited to embrace the launch and collaborate closely with Broadcom to bring the Tomahawk 6 solutions to the market and enable open networking products with SONiC.”

    ML Chien, General Manager of Business Office, Alpha Networks
    “It has been a privilege to collaborate with Broadcom on the Tomahawk 6 platform. Not only does it scale-up and scale-out the Ethernet ecosystem, but it also enables us to offer higher reliability and lower TCO to our customers.”

    Forrest Norrod, Executive Vice President and General Manager, Data Center Solutions Group, AMD
    “As AI networking demands continue to grow, AMD is committed to advancing AI infrastructure through strategic collaborations with Broadcom and other industry leaders. Combining the AMD Infinity Fabric™ and Broadcom’s Tomahawk 6 enables the creation of massive-scale, low-latency GPU clusters that deliver the performance, scalability, and efficiency required for AI training and inference — empowering organizations to build next-generation AI infrastructure within an open ecosystem.”

    Hardev Singh, General Manager, Cloud Titans and AI, Arista Networks
    “Arista is proud of its 15 year partnership with Broadcom and collaboration on the latest Tomahawk 6 silicon combined with feature-rich Arista EOS. We are excited to leverage its low power, high radix, 1.6Tbps port speeds, and advanced packet processing capabilities for AI-aware routing, based on open Ethernet standards.”

    Shekar Ayyar, Chairman and CEO, Arrcus
    “The launch of Broadcom’s Tomahawk 6 is a major leap forward. Its impressive scale and efficiency align perfectly with Arrcus’ ArcOS-driven, high-performance ACE networking platform to meet the evolving routing and switching demands of hyperscale AI deployments. Together with Broadcom, we are enabling cloud, telecom, and enterprise customers to build flexible, distributed networks for AI data centers and edge environments.”

    Wangson Wang, General Manager of Data Networks Infrastructure BU, Delta Electronics
    “With our proven experience as the first Taiwanese company to showcase and deliver a high-performance 800G switch featuring Broadcom’s Tomahawk 5, Delta is thrilled to continue its broad collaboration with Broadcom and seamlessly transition to the next-generation Tomahawk 6 switch. With a total switching capacity of 102.4T and 224G SerDes lanes, Broadcom’s Tomahawk 6 series significantly doubles the performance of the current generation, enabling us to deliver high-density, high-performance switching platforms to meet the demanding requirements of GPU scale-up and scale-out architectures at the core of next-generation AI and cloud computing. Delta’s in-house expertise in signal integrity, power supply, and fan and cooling solutions allows us to provide fully integrated, energy-efficient switching solutions at scale.”

    Atsushi Ogata, President and CEO, IPI
    “Tomahawk 6 is the next generation in Broadcom’s series of high-performance, high-density switches. Fully realizing the benefits of this technical innovation requires performance-oriented software and an unprecedented combination of power, speed, and scale — paired with open and compatible software. This combination is tailor-made for the unique networking requirements of today’s resource-intensive applications, such as artificial intelligence and other advanced platforms, and represents a logical upgrade for networking customers.”

    Praveen Jain, SVP/GM AI Clusters and Cloud Ready Data Center, Juniper Networks
    “Broadcom’s innovative Tomahawk 6, with its open, UEC-compliant architecture and advanced SUE technology, sets a new benchmark for scale-out and scale-up networks for AI — doubling bandwidth, improving power efficiency, and enabling advanced capabilities AI clusters demand. Juniper builds on this foundation with AI-optimized Junos® software (e.g. AI load balancing), multivendor fabric management, and leading AIOps from our Mist™ AI-native networking platform — delivering a secure, high-performance solution that simplifies operations, accelerates time to value, and reduces total cost of ownership.”

    Bob Wheeler, Analyst at Large, LightCounting
    “The explosive growth in AI workloads and rapid evolution of AI models in the data center are driving million-GPU clusters and higher system complexity. Networks must be designed to support both generative AI inference and training to meet the insatiable need for bandwidth. With the launch of the Tomahawk 6 switch and its full stack of Ethernet AI innovations, Broadcom is enabling its customers and the larger ecosystem to develop the next generation of scale-out and scale-up AI networks.”     

    Andrew Qu, CTO, Micas
    “Broadcom’s Tomahawk 6 sets a new bar for AI networking, and we’re thrilled to be building next-generation switches around it. Its groundbreaking 102.4 Tbps capacity, native CPO support, and advanced network features like Cognitive Routing 2.0, congestion-aware flow control, and high-resolution telemetry are game changers for hyperscale data centers. Tomahawk 6 enables us to deliver AI and cloud networking systems that are both massively scalable and intelligently adaptive. It sets a new standard for performance, efficiency, and operational visibility at scale.”

    Jeff Jakab, Vice President of Hardware, Nokia
    “With an impressive switching capacity of 102.4Tb/s and extensive range of AI networking topologies and features, Broadcom’s Tomahawk 6 series provide a valuable tool set in support of Nokia’s expanding portfolio of modern data center switches for AI networks.”

    Vincent Ho, Chairman and CEO, Ufispace
    “Broadcom is once again setting a new standard in high performance networking with the Tomahawk 6. UfiSpace is proud to be among the first to integrate this advanced technology into our S9331-64HO 1.6T open networking platform. Our close collaboration reflects a shared vision to deliver the scale, efficiency, and innovation that today’s data center and carrier networks demand.”

    Johnson Hsu, Senior Vice President & General Manager, Connected Home BG and Networking BG, WNC
    “We’re excited to work with Broadcom on the groundbreaking Tomahawk 6. This next-generation solution delivers unmatched performance, efficiency, and scalability empowering our customers to build faster, more flexible, and more cost-effective data center networks.”

    The MIL Network –

    June 4, 2025
  • MIL-OSI: May Commercial Chapter 11 Filings Increase 62 Percent over Last Month

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Commercial chapter 11 filings totaled 733 in May, an increase of 62 percent over the 453 filings in April, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. The overall May commercial filing total of 2,695 represented an 8 percent increase from the April 2025 commercial filing total of 2,489. Small business filings, captured as subchapter V elections within chapter 11, increased 3 percent to 228 in May 2025 from 223 the previous month.

    May’s 48,218 total bankruptcy filings represented a 3 percent decrease from April’s filing total of 49,610. The 45,523 noncommercial filings in May also represented a 3 percent decrease from the April 2025 noncommercial filing total of 47,121. Consumer chapter 7 filings decreased 7 percent to 28,716 from the 30,823 chapter 7s filed in April 2025, while chapter 13 filings increased 3 percent to 16,694 over the 16,198 filings in April.

    “The sharp uptick in overall commercial chapter 11 filings in May 2025 underscores the ongoing economic pressures businesses face, from elevated borrower costs, potential tariff impacts and geopolitical uncertainty,” said Michael Hunter, vice president of Epiq AACER. “Meanwhile, consumer filings continue to climb yet remain below pre-pandemic levels; however, the resumption of student loan collections and the expiration of the FHA modification programs are likely to drive further increases in filings, particularly through the end of 2025 and into 2026.”

    Overall commercial filings registered a slight increase of 1 percent in May 2025 to 2,695 from the 2,664 commercial filings in May 2024. Commercial chapter 11 filings decreased also, as the 733 filings in May 2025 represented a 4 percent decline from the 765 filings reported in May 2024.

    The 48,218 total U.S. bankruptcy filings in May 2025 increased 7 percent from the May 2024 total of 45,025. Noncommercial bankruptcy filings also registered a 7 percent increase, to 45,523 in May 2025 from the May 2024 noncommercial total of 42,361. The number of consumers filing for chapter 7 increased 11 percent to 28,716 in May 2025 from the 25,773 who filed for chapter 7 last year, while chapter 13 filings increased 1 percent to 16,694 in May 2025 from the 16,507 chapter 13 filings in May 2024.

    “The current financial landscape presents struggling businesses and consumers with additional challenges of elevated prices, higher borrowing costs and uncertain geopolitical events,” said ABI Executive Director Amy Quackenboss. “Bankruptcy provides a proven process to a financial fresh start for distressed businesses and families.”

    Epiq AACER is a division of Epiq and is the leading provider of data, technology, and services for companies operating in the business of bankruptcy. Its Bankruptcy Analytics subscription service provides on-demand access to the industry’s most dynamic bankruptcy data, updated daily. Learn more at https://bankruptcy.epiqglobal.com.

    About Epiq

    Epiq, a global technology-enabled services leader to the legal industry and corporations, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at https://www.epiqglobal.com.

    About ABI 

    ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abi.org. For additional conference information, visit http://www.abi.org/calendar-of-events.

    Press Contacts 

    Carrie Trent 
    Epiq, Director of Communications 
    Carrie.Trent@epiqglobal.com

    Vicki LaBrosse
    Edge Marketing, Director of Global PR
    vlabrosse@edgemarketinginc.com

    John Hartgen 
    ABI, Public Affairs Officer
    jhartgen@abi.org

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/01db2547-f52c-490f-b923-58f9b0c6ab4a

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Ciroos Raises $21M to Bring Agentic AI to Operations Teams

    Source: GlobeNewswire (MIL-OSI)

    PLEASANTON, Calif., June 03, 2025 (GLOBE NEWSWIRE) — Ciroos, a pioneer in AI-powered operations, today announced it has raised $21 million, led by Energy Impact Partners LP (EIP), to deliver the industry’s first extensible, multi-domain AI SRE Teammate for modern enterprise operations. The company’s SRE Teammate enables site reliability engineers, DevOps and operations teams to automate, augment and drive autonomous operations to slash incident response time by 90%.

    Today’s enterprise applications are increasingly dynamic and span multiple domains. Consequently, many operations teams struggle to identify the root cause of incidents and anomalies, even when engaging hundreds of expert responders. This difficulty is largely due to an overreliance on static runbooks, dashboard-based “click operations” and siloed tooling. Furthermore, as teams incorporate AI into their applications, operational practices require modernization. Compounding these issues, while new AI tooling causes developer productivity to skyrocket, the resulting increased operational load often overwhelms already stretched SRE teams.

    With these challenges in mind, Ciroos has reimagined observability operations with an AI SRE Teammate that empowers companies to initiate investigations into anomalies proactively, often before any expert is paged. The SRE Teammate uses a multi-agent system incorporating human expert-like reasoning to understand and correlate vast amounts of cross-domain interactions to identify what is — and what isn’t — a problem. Built on the recently announced Model Context Protocol (MCP) and Agent 2 Agent (A2A) architectures, the SRE Teammate is extensible by allowing easy integration with third-party AI agents deployed in the enterprise. By seamlessly integrating with existing observability tools, ticketing systems, collaboration software, code repositories and incident response tools, the SRE Teammate becomes an integral part of the operations team. At all times, humans are in control, choosing their desired level of augmentation and autonomous operations on their AI journeys.

    “SREs carry a heavy burden — from middle-of-the-night incidents to hours of repetitive analysis and postmortems,” said Ronak Desai, co-founder and CEO of Ciroos. “We built our AI SRE Teammate to end that toil, fully embracing our mission to provide an AI SRE Teammate that empowers SREs to be superheroes. It achieves this by accelerating root cause identification, automating or augmenting actions, and ultimately giving them back the time, clarity and control so they can do what they do best: build, safeguard and evolve reliable systems at scale.”

    Built by Industry Experts

    Founded in February 2025 by Ronak Desai, Amit Patel and Ananda Rajagopal, Ciroos brings together executives with proven track records of scaling businesses from zero to more than $5 billion. With leadership experience in roles at Cisco, AWS and Gigamon, the founding team holds 84 patents across AI, observability, distributed systems, cloud, cybersecurity and networking. The investment will build go-to-market operations and accelerate the rollout of SRE Teammate across enterprises. The company is currently hiring AI engineers, full-stack engineers and go-to-market experts.

    “Ciroos represents a transformative approach that delivers immediate and measurable impact,” said Shawn Cherian, partner at EIP. “The team’s deep domain expertise — both on the ground working with the SREs and in leadership at global enterprises — and their vision to automate, augment and drive autonomous operations make them uniquely qualified to address challenges in this emerging space.”

    Visit ciroos.ai to schedule a demo or become part of the early access program.

    About Ciroos

    Ciroos offers an AI SRE Teammate that empowers SREs, DevOps and operations teams to be superheroes. Built from the ground up with the power of multi-agentic AI, Ciroos enables operations teams to reduce toil, investigate incidents, explain anomalies and drive autonomous operations, across complex multi-domain environments, all while leaving humans in control. Headquartered in Pleasanton, California, Ciroos is funded by Energy Impact Partners and prominent angel investors, and serves enterprises across the globe. Learn more at ciroos.ai and follow on LinkedIn and X.

    Media Contact:

    Jennifer Tanner
    Look Left Marketing
    ciroos@lookleftmarketing.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/77cdf1c2-6998-4e9f-859a-0276f77e599a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9ea47fa6-73d8-41b7-8da3-16385afc8617

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Paytronix Announces Nonita Verma as New GM, Changes to Executive Structure

    Source: GlobeNewswire (MIL-OSI)

    NEWTON, Mass., June 03, 2025 (GLOBE NEWSWIRE) — Paytronix, an Access Group company, and the leader in guest engagement for restaurants and convenience stores, has announced the appointment of technology industry veteran Nonita Verma as its new General Manager. A seasoned executive with over two decades of leadership experience, Verma brings a proven track record of scaling global platforms and driving hyper-growth. Verma’s appointment, along with changes to the executive team, will help accelerate Paytronix’s growth and provide its customers with a flexible, industry-leading guest engagement platform that meets their challenges.

    Verma previously served as a Chief Strategy Officer at Keenai Global, where she focused on their Go-to-Market strategy and operational alignment as the Wealthtech platform readied for market entry across their B2C and B2B platforms. She has an extensive financial services background dating back to 2000 at Goldman Sachs, as well as senior roles at Credit Suisse among other places.

    Verma’s connection to the hospitality industry was strengthened during her tenure at Tripadvisor, where she served as B2B General Manager and Global Head of Hotels.

    According to Access North America President Jonah Paransky, “Nonita brings a plethora of skillsets to the table that will be essential during a pivotal time in Paytronix’s history. Her leadership qualities and experience are a great complement to our executive team and are sure to enhance our guest engagement offerings in the industry.”

    “The hospitality industry is under pressure from uncertain market conditions and Paytronix is poised to help equip brands with the solutions they need to meet evolving customer expectations,” said Verma. “We’re accelerating investment in our platform while infusing it with advanced technologies like AI and new unique functionalities from Access to further enhance value we drive for our customers.”

    Additionally, other members of the Paytronix executive team have taken on new roles:

    • Former Chief Revenue Officer Charles Gray will become the VP of Product Management at Paytronix, leveraging his extensive product and technology background with NCR, California Pizza Kitchen, and Cosi to lead product development and direction.
    • Pamela Robertson, who was brought on as Chief Marketing Officer of Paytronix in late 2022, will take on a larger role in Access, becoming the VP of Marketing, Hospitality for the Americas. She will maintain her role at Paytronix, and work alongside Access’ hospitality brands in North America to unify their marketing initiatives with Paytronix and Access.
    • Digger McElligott will become VP of Sales at Paytronix.
    • Customer Success will see a new face in Philippe Mestritz, who will become Access Group’s VP of Customer Success, Hospitality for the Americas.

    For more information, reach out to Communications Manager Calen McGee.

    About Paytronix
    Paytronix, an Access Group company, is a cloud-based digital guest engagement platform for the hospitality industry. Our innovative, unified platform provides loyalty programs, online ordering, gift cards, branded mobile applications, and strategic insights to more than 1,800 leading restaurant and convenience store brands. Our valued clients leverage the power of Paytronix across 50,000 sites globally to create seamless, personalized, and brand-authentic experiences that foster lasting relationships with their customers. For more than 20 years, Paytronix has been a trusted partner helping brands maximize the lifetime value of their guests and grow more profitable businesses. For more information, visit www.paytronix.com.

    About The Access Group  

    The Access Group is one of the largest UK-headquartered business management software providers. It provides solutions that empower more than 128,000 small and mid-sized organisations in commercial and non-profit sectors across Europe, USA and APAC, giving every employee the freedom to do more of what’s important. Its innovative cloud solutions and integrated AI software experience across multiple Access products transform how business technology is used. Access employs approx. 8,000 people, continuously driving product innovation and customer service excellence. For more information, visit www.theaccessgroup.com or follow us @TheAccessGroup

    Media Contact:
    Calen McGee
    Paytronix Systems, Inc.
    Calen.McGee@theaccessgroup.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/32e6fab2-3ac0-4858-aa54-0c5c96ecde18

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Payscale Partners with Pearl Meyer to Deliver Trusted Compensation Data to Payscale Customers

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, June 03, 2025 (GLOBE NEWSWIRE) — Payscale Inc., the leading compensation data technology company, today announced a strategic partnership with Pearl Meyer, the leading executive compensation and leadership consulting firm. This collaboration addresses the need for executive salary data, empowering organizations to make confident pay decisions.

    Traditional salary data is an important element of a compensation data approach, with Payscale’s 2025 Compensation Best Practices Report revealing 70% of organizations with more than 750 employees rely on traditional salary survey data to inform their pay decisions.

    Pearl Meyer’s top-tier executive compensation data is integrated directly into Payscale’s compensation management solutions, offering an unparalleled buying experience. The powerful combination of Payscale’s innovative technology with Pearl Meyer’s robust compensation data enhances the customer’s ability to price executive leadership jobs accurately and confidently.

    “Payscale customers now have all the data and insights they need in one place to create executive compensation strategies or price a leadership role,” Payscale CEO Chris Hays said. “This high-quality data fills information gaps for our customers and helps them recruit and retain the best leaders out there.”

    Payscale’s partner ecosystem includes some of the most trusted names in compensation data. Best-in-class executive compensation data from Pearl Meyer provides robust executive and employee compensation data coverage for Payscale customers. Paired with Payscale’s compensation data technology, users can confidently price jobs with trusted data.

    “We believe when organizations can build, develop, and reward great leadership teams that it drives long-term success,” said Rebecca Toman, vice president of the Survey Business Unit at Pearl Meyer. “Our collaboration with Payscale provides clients with a seamless data platform experience, combining our robust and trusted dataset with Payscale’s innovative technology to uncover insights that help organizations make better pay decisions.”

    Learn more about Payscale’s partnerships at www.payscale.com/marketplace.

    About Pearl Meyer

    Pearl Meyer is the leading advisor to boards and senior management helping organizations build, develop, and reward great leadership teams that drive long-term success. Our strategy-driven compensation and leadership consulting services act as powerful catalysts for value creation and competitive advantage by addressing the critical links between people and outcomes. Our clients stand at the forefront of their industries and range from emerging high-growth, not-for-profit, and private organizations to the Fortune 500.

    To learn more, visit www.pearlmeyer.com.

    About Payscale

    Payscale stands at the forefront of compensation data technology, pioneering an innovative approach that harnesses advanced AI and up-to-date and reliable market data to align employee and employer expectations. With its suite of solutions—Payfactors, Marketpay, and Paycycle—Payscale empowers 65% of Fortune 500 companies to make strategic compensation decisions. Organizations like Panasonic, ZoomInfo, Chipotle, AccentCare, University of Washington, American Airlines, and Rite Aid rely on its unique combination of actionable data and insights, experienced compensation services, and scalable software to drive business success. By partnering with Payscale, businesses can make confident compensation decisions that fuel growth for both their organization and their people.

    Create confidence in your compensation. Payscale.

    To learn more, visit www.payscale.com.

    Contact: Press@Payscale.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Micropolis to Participate in the Sidoti Small-Cap Virtual Conference on June 11-12, 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 03, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced that it will participate in Sidoti’s Small-Cap Virtual Conference, to be held on June 11-12, 2025.

    Virtual Conference Presentation
    Date & Time: Thursday, June 12, 2025, 9:15 a.m. ET in Track 2
    Speakers: Fareed Aljawhari, Founder & CEO and Dzmitry Kastahorau, CFO
    Webcast Link: https://sidoti.zoom.us/webinar/register/WN_3RYh71lnSpePXDA_I5SX-w

    Micropolis’s management team will also conduct 1×1 investor meetings throughout the conference. To schedule a meeting, please contact your Sidoti representative or email KCSA Strategic Communications at Micropolis@kcsa.com.

    About Micropolis Holding Co.
    Micropolis is a UAE-based company specializing in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications. The Company’s vertically integrated capabilities cover everything from mechatronics and embedded systems to AI software and high-level autonomy.

    For more information please visit www.micropolis.ai.

    Investor Contact:
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    PH: (212) 896-1254
    Valter@KCSA.com

    Media Contact:
    Jessica Starman
    media@elev8newmedia.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Unframe Appoints Jacquelyn Goldberg as Vice President of Sales to Accelerate Global Growth

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., June 03, 2025 (GLOBE NEWSWIRE) — Unframe, the Managed AI Delivery Platform for enterprises, today announced the appointment of Jacquelyn Goldberg as Vice President of Sales. A seasoned revenue leader with a track record of building and scaling teams at high-growth B2B SaaS companies, Goldberg will lead Unframe’s global sales organization as the company rapidly expands to meet growing enterprise demand.

    Goldberg brings over a decade of experience driving go-to-market efforts at the intersection of AI, data, and enterprise software. She has held senior sales leadership roles at Sama, Button, and PebblePost, where she built and led teams serving Fortune 500 clients in complex, high-stakes enterprise environments. At Sama, she oversaw global commercial efforts and led strategic enterprise engagements, helping customers move beyond experimentation toward scalable AI adoption.

    “Unframe is solving a real and urgent problem for enterprises,” said Goldberg. “The ability to say the use case and get a working solution without long build cycles, risky investments, or rigid tools is exactly what companies need right now. The platform’s unique modular architecture, seamless integration with modern enterprise environments, and commitment to delivering value first really stood out to me. I’m excited to help scale an organization that can meet that demand and deepen relationships with customers and partners alike.”

    In her new role, Goldberg will lead Unframe’s global sales strategy, including enterprise sales, channel partnerships and revenue operations.

    “Jacquelyn is a force multiplier,” said Shay Levi, CEO and Co-Founder of Unframe. “She brings the leadership, urgency, and customer empathy we need to scale – and she knows what it takes to build trusted relationships inside complex enterprises. With her leading the charge, we’re in a strong position to continue our momentum.”

    Unframe emerged from stealth in April 2025 with $50 million in funding from top-tier investors including Bessemer Venture Partners, TLV Partners, Craft Ventures, and Third Point Ventures. Since launch, the company has partnered with dozens of global enterprises and continues to see strong demand for its ability to deliver tailored AI solutions in days.

    The company is actively hiring across sales, partnerships, and go-to-market functions, with a focus on growing a global team under Goldberg’s leadership.

    About Unframe
    Unframe is the Managed AI Delivery Platform that helps enterprises get tailored, production-ready AI solutions in days—not months. Built on a modular architecture of powerful building blocks, Unframe delivers accurate, integrated solutions for real-world enterprise challenges. Unframe solutions can run securely on-prem, in private cloud, or SaaS—no model training or fine-tuning required. With no upfront cost and an outcome-based pricing model, Unframe makes it easy to try solutions risk-free and scale what works. The company is headquartered in Cupertino, California, with a global presence in Tel Aviv and Berlin.

    Contact:
    Cassandra Leonard
    press@unframe.ai 

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Varonis Announces Identity Protection to Unify Identity and Data Security

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 03, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, today announced Varonis Identity Protection, the latest enhancement to its Data Security Platform that gives organizations unified visibility and control of data and identities.

    Most identity security tools operate in a vacuum — with no understanding of the critical data each identity can access or how they’re accessing it. 

    Varonis connects the dots between identities and data, helping organizations automatically reduce access to their most sensitive data, fix identity posture issues, and stop identity-based threats — including those originating from insiders, stolen credentials, and AI tools and agents.

    Unlike traditional identity products, Varonis understands the blast radius of every identity — showing how much data would be exposed if an identity were compromised. Varonis Identity Protection distinguishes between human and non-human identities, classifies them as internal, guest, external, or privileged, and monitors how they interact with data to detect anomalies.

    “Identity and data are deeply intertwined — securing one without the other leaves dangerous gaps,” said Varonis CEO, President, and Co-Founder Yaki Faitelson. “By unifying identity and data security, Varonis gives customers the context they need to better ensure identity threats don’t become data breaches.”

    Key Capabilities of Varonis Identity Protection:

    • Machine Learning-Based Identity Classification: Varonis integrates with Entra ID, Okta, Active Directory, and others to map user accounts across environments. Using machine learning, Varonis auto-classifies identities — tagging executives, privileged users, service accounts, non-human identities, and more.
    • Peer Analysis & User Behavior Analysis: Varonis continuously analyzes peer behavior to detect anomalies in identity usage, flagging deviations from normal patterns to surface risky activity earlier.
    • Identity Threat Detection & Response (ITDR): Varonis monitors identity providers for signs of compromise, alerting on suspicious logins, password resets, MFA changes, and policy updates — in context with each account’s data access activity.
    • Identity Posture Management With Automated Remediation: Varonis flags stale contractor accounts, excessive permissions, and missing MFA — then automatically remediates risks by revoking access, removing entitlements, and eliminating ghost accounts.

    Varonis was recently named a Leader in Identity Threat Detection and Response by GigaOm, recognizing the platform’s advanced detection and automated response capabilities.

    These identity capabilities also enhance Varonis Managed Data Detection and Response (MDDR), enabling our expert analysts to detect and respond to a broader range of threats faster and more effectively across customer environments.

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, identity protection, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com 

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Pacific AI Joins Forces with the Coalition of Health AI as Newest Partner in Assurance Provider Certification Process

    Source: GlobeNewswire (MIL-OSI)

    LEWES, Del., June 03, 2025 (GLOBE NEWSWIRE) — Pacific AI, the AI governance company, today announced its operational deployment certification intent under the Coalition for Health AI (CHAI)’s assurance service provider certification process, setting a precedent for how AI models can be responsibly governed. This designation recognizes the company’s commitment to supporting the safe, effective, and responsible deployment of AI technologies in healthcare.

    Assurance Services are designed to accelerate the adoption of AI models in healthcare by providing tools and frameworks that ensure compliance with industry best practices. CHAI has developed a rigorous certification framework grounded in consensus-driven standards that emphasize transparency, trustworthiness, and accountability in AI applications.

    Pacific AI will work with CHAI to establish a governance framework and serve as a CHAI Certified Assurance Service Provider as that framework is finalized later this year. Once certified, Pacific AI will provide:

    • AI Governance Policies that conform to CHAI guidelines and reflect current laws, regulations, and industry standards. These policies are regularly reviewed and updated to keep pace with the rapidly evolving regulatory environment of healthcare AI.
    • AI Governance Tools and Software that streamline adherence to AI governance requirements and enable healthcare organizations to accelerate the responsible adoption of AI technologies.

    Assurance Service Providers play a vital role in establishing trust by offering transparency into how AI models perform in real-world environments. While these services are not part of any formal government regulatory process, they are crucial in filling critical gaps in the AI evaluation pipeline. This helps users and beneficiaries better understand the reliability and context-specific performance of AI solutions.

    “As we advance our mission to enable responsible, trustworthy AI, this is one of the first of many collaborations where CHAI-certified service providers and health institutions will work together to ensure AI serves all patients,” said Dr. Brian Anderson, CEO of CHAI. “We’re proud to see Pacific AI lead the way in streamlining product evaluation and facilitating simpler comparisons during health AI procurement for both health systems and solution providers.”

    “Working with CHAI to develop governance and eventually formal certification demonstrates alignment in our shared mission of advancing the responsible deployment and oversight of AI in healthcare,” said David Talby, CEO of Pacific AI. “We’re proud to be part of the trusted ecosystem helping to ensure AI delivers on its promise responsibly.”

    Pacific AI meets the highest standards for ethical and secure AI validation and is committed to working with CHAI on this governance framework, which includes provisions for privacy, security, data quality, intellectual property protection, conflict of interest management, and conformance with established CHAI standards, such as the CHAI model card.

    For more information about Pacific AI, visit www.pacificai.com. To learn more about CHAI and its Assurance Service Providers, visit https://chai.org/.

    About Pacific AI
    Pacific AI is dedicated to helping organizations deliver AI systems that comply with the rapidly evolving regulatory landscape in the USA. Whatever your starting point, Pacific AI can help you reach the next level of AI governance, implement tools and controls for compliance, or audit and certify what you’ve already built. To learn more, visit: https://www.pacific.ai.

    About CHAI
    The CHAI (Coalition for Health AI) mission is to be the trusted source of guidelines for Responsible AI in Health. It aims to ensure high-quality care, foster trust among users, and meet the growing healthcare needs. As a coalition bringing together leaders and experts representing health systems, startups, government and patient advocates, CHAI has established working groups focusing on privacy and security, fairness, transparency, usefulness, and safety of AI algorithms.

    Contact
    Gina Devine
    Head of Communications
    Pacific AI Corp.
    gina@pacific.ai

    Press contact for CHAI
    CHAI@12080group.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Optery Wins 2025 Fortress Cybersecurity Award for Privacy Enhancing Technologies

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 03, 2025 (GLOBE NEWSWIRE) — Optery has been named a winner in the 2025 Fortress Cybersecurity Awards, presented by the Business Intelligence Group. The company was recognized in the category of Privacy Enhancing Technologies for its work in reducing the online exposure of employee and executive personal data—the most exploited vulnerability in modern cyberattacks.

    The Fortress Cybersecurity Awards program honors the industry’s leading companies and professionals who are going beyond compliance to build and maintain secure systems and processes. Winners are selected based on innovation, measurable impact, and commitment to security best practices.

    “The volume and complexity of threats facing organizations today is growing by the minute,” said Russ Fordyce, CEO of the Business Intelligence Group. “The winners of this year’s Fortress Cybersecurity Awards are not only keeping up—they’re setting the pace. We’re proud to honor Optery for building systems and solutions that make us all more secure.”

    Optery was recognized for its enterprise-grade personal data removal platform that finds and eliminates exposed PII from the web, protecting organizations from a range of PII-based threats such as social engineering and credential compromise.

    “We are honored to receive this award from the Business Intelligence Group,” said Lawrence Gentilello, CEO of Optery. “Today’s threat landscape demands that companies tackle personal data exposure to prevent cyber and physical attacks, but it requires the right tech and expertise. Innovation means little without measurable impact, and this recognition validates the work our team puts in every day to ensure we remain the industry leader in personal data removal.”

    “Personal data exposure across data broker sites fuels today’s most successful attack vectors—phishing, smishing, and business email compromise—making privacy essential to security,” said Paul Mander, GM of Optery for Business. “We’re grateful to be acknowledged for helping organizations close this critical vulnerability with unmatched scale and precision.”

    To learn more about the Fortress Cybersecurity Awards, visit: https://www.bintelligence.com/awards/fortress-cybersecurity-awards

    About Optery www.optery.com

    Optery is the first company to offer a free report with dozens of screenshots showing where your personal information is being posted by hundreds of data brokers online, and the first to offer IT teams a completely self-service platform for finding and removing employee personal information from the web. Optery subscription plans automatically remove customers from these sites, clearing your home address, phone number, email, and other personal information from the Internet at scale. The service provides users with a proactive defense against escalating PII-based threats such as phishing and other social engineering attacks, credential compromise, identity fraud, doxing, and harassment. Optery has completed its AICPA SOC 2, Type II security attestation, and distinguishes itself with unparalleled search technology, data removal automation, visual evidence-based before-and-after reporting, data broker coverage, and API integration options. Optery was awarded “Editors’ Choice” by PCMag.com as the most outstanding product in the personal data removal category in 2022, 2023, 2024, and 2025, received Fast Company’s Next Big Things in Tech award for security and privacy in 2023, was named winner in the Employee Privacy Protection, Attack Surface Management, and Digital Footprint Management categories of the 2024 and 2025 Cybersecurity Excellence Awards, received the Top InfoSec Innovator Award for Attack Surface Management by Cyber Defense Magazine in 2024, and won the Best Service for Attack Surface Management award from Cyber Defense Magazine in 2025. Hundreds of thousands of people and hundreds of businesses use Optery to prevent attacks and keep their personal information off the Internet.

    About Business Intelligence Group www.bintelligence.com

    The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives with real-world experience. The organization’s proprietary scoring system measures performance across multiple business domains and rewards companies whose achievements are significant and measurable.

    Media Contact

    Sara Trammell
    Director of Marketing
    Optery for Business
    sara@optery.com

    Eliana Starbird
    Chief Nominations Officer
    Business Intelligence Group
    +1 909-529-2737
    contact@bintelligence.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5d8828cb-356a-4054-afc9-2ac825528e28

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Albion Crown VCT PLC: Interim Management Statement

    Source: GlobeNewswire (MIL-OSI)

    Albion Crown VCT PLC
    Interim Management Statement
    LEI Code: 213800SYIQPA3L3T1Q68

    Introduction
    I present Albion Crown VCT PLC (the “Company”)’s interim management statement for the period from 1 January 2025 to 31 March 2025.

    The Company completed the merger with Albion Venture Capital Trust PLC (AAVC) in December 2024 which created a new C share class (CRWC). The C share class (CRWC) will convert into ordinary shares (CRWN) on a relative Net Asset Value basis as at 30 June 2026, which is expected to complete in November 2026.

    Performance and dividends

    Ordinary shares
    The ordinary shares unaudited net asset value (NAV) as at 31 March 2025 was £113.7 million or 31.35 pence per ordinary share, an increase of 0.18 pence per ordinary share (0.58%) since 31 December 2024.

    After accounting for the dividend of 0.78 pence per ordinary share, paid on 30 April 2025 to shareholders on the register on 11 April 2025, the NAV is 30.57 pence per ordinary share.

    C Shares
    The C shares unaudited NAV as at 31 March 2025 was £57.9 million or 43.15 pence per C share, a decrease of 0.12 pence per C share (0.27%) since 31 December 2024.

    After accounting for the dividend of 1.08 pence per C share, paid on 30 April 2025 to shareholders on the register on 11 April 2025, the NAV is 42.07 pence per C share.

    Fundraising
    A prospectus Top Up Offer of new ordinary shares opened to applications on 6 January 2025. On 31 March 2025, the Board announced that it had reached its £30 million limit (inclusive of a £10 million over-allotment facility which had been exercised) and therefore had closed to further applications.

    During the period from 1 January 2025 to 31 March 2025, the Company issued the following ordinary shares under the Albion VCTs Top Up Offers:

    Date Number of ordinary shares issued Issue price per ordinary share Net consideration received (£’000)
    21 March 2025 65,583,583 31.81 to 32.14 pence 20,446

    Portfolio
    As noted in the Half-yearly Financial Report for the six months to 31 December 2024, after reviewing detailed cash flow forecasts, the Board agreed with the Manager that the current investment focus for the C share class will be on supporting existing portfolio companies and not to make further new investments. This is to ensure that the C share class has sufficient cash resources for follow-on investments, dividends and share buybacks.

    The following investments have been made during the period from 1 January 2025 to 31 March 2025:

    New investments Ordinary shares C shares Activity
    £’000 £’000
    Latent Technology Group 621 70 Reinforcement Learning based Animation
    Scripta Therapeutics 139 – AI-enabled drug discovery
    Innerworks Technology 109 – Adaptive security
    OtoImmune 88 – Detection and treatment of autoimmune diseases.
    Pastel Health 31 17 Digital-first provider of multi-specialty care
    Formicor Pharmaceuticals 28 – Drug reformulation
    Total new investments 1,016 87  
    Further investments Ordinary shares C shares Activity
    £’000 £’000
    TransFICC 794 114 A provider of a connectivity solution, connecting financial institutions with trading venues via a single API
    Mondra Global 406 226 Food supply chain emissions modelling
    Runa Network 77 10 Cloud platform and infrastructure that enables corporates to issue digital incentives and payouts
    NuvoAir Holdings 66 11 Digital therapeutics and decentralised clinical trials for respiratory conditions
    uMedeor (T/A uMed) 30 56 A middleware technology platform that enables life science organisations to conduct medical research programmes
    Total further investments 1,373 417  

    Combined top ten holdings as at 31 March 2025:

    Investment Carrying value
    £’000
    % of combined net asset value Activity
    Ordinary shares C shares Combined
    Quantexa 20,877 – 20,877 12.2% Network analytics platform to detect financial crime
    Gravitee Topco (T/A Gravitee.io) 4,176 5,342 9,518 5.5% API management platform
    Chonais River Hydro 2,077 3,586 5,663 3.3% Owner and operator of a 2 MW hydro-power scheme in the Scottish Highlands
    The Evewell Group 2,774 2,800 5,575 3.2% Operator and developer of women’s health centres focusing on fertility
    Runa Network 2,817 2,475 5,292 3.1% Cloud platform and infrastructure that enables corporates to issue digital incentives and payouts
    Radnor House School (TopCo) 2,918 2,308 5,226 3.0% Independent school for children aged 2-18
    Proveca 5,193 – 5,193 3.0% Reformulation of medicines for children
    TransFICC 2,691 2,044 4,735 2.8% A provider of a connectivity solution, connecting financial institutions with trading venues via a single API
    Elliptic Enterprises 1,675 2,878 4,553 2.7% Provider of Anti Money Laundering services to digital asset institutions
    Healios 2,135 2,049 4,184 2.4% Provider of an online platform delivering family centric psychological care primarily to children and adolescents

    A full breakdown of the Company’s ordinary and C share portfolios can be found on the Company’s webpage on the Manager’s website at www.albion.capital/vct-funds/CRWN.

    Share buy-backs
    During the period from 1 January 2025 to 31 March 2025, no shares were repurchased by the Company.

    It remains the Board’s policy to buy back shares in the market, subject to the overall constraint that such purchases are in the Company’s interest, including the maintenance of sufficient resources for investment in existing and new portfolio companies and the continued payment of dividends to shareholders.

    It is the Board’s intention for such buy-backs to be at around a 5% discount to net asset value, so far as market conditions and liquidity permit.

    Material events and transactions after the period end
    After the period end, the Company issued the following new ordinary shares of nominal value 1 penny per share under the Albion VCTs Prospectus Top Up Offers 2024/25:

    Date Number of ordinary shares issued Issue price per ordinary share Net consideration received (£’000)
    4 April 2025 27,830,556 32.14 pence 8,676

    After the period end, the Company also issued the following new ordinary and C shares under the dividend reinvestment scheme:

    Date Number of ordinary shares issued Issue price per ordinary share Net invested (£’000)
    30 April 2025 1,504,893 30.39 pence 443
    Date Number of C shares issued Issue price per C share Net invested (£’000)
    30 April 2025 484,437 42.19 pence 197

    There have been no other material events or transactions after the period end to the date of this announcement.

    Further information

    Further information regarding historic and current financial performance and other useful shareholder information can be found on the Company’s webpage on the Manager’s website at www.albion.capital/vct-funds/CRWN.

    Richard Glover, Chairman
    3 June 2025

    For further information please contact:
    Vikash Hansrani
    Operations Partner
    Albion Capital Group LLP – Tel: 020 7601 1850

    The MIL Network –

    June 4, 2025
  • MIL-OSI Russia: Prospects of “smart transport” discussed at Polytechnic University

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The Polytechnic University hosted another seminar on artificial intelligence, where participants discussed expanding the capabilities of passenger transport in St. Petersburg.

    Pavel Polyakov, Head of the Information Technology and Intelligent Systems Department at Gorelectrotrans, spoke about the new functional capabilities of the rolling stock and transport infrastructure of the city. Pavel Sergeevich noted what intelligent systems the city transport is already equipped with and what else will be added. He spoke in detail about the driver monitoring camera, the active safety and driver assistance system (ASDS), which use AI technologies. Today, the company operates 302 tram cars with the ASDS system.

    Pavel Polyakov emphasized that smart transport should be trained in basic skills of work in real conditions at specialized testing grounds, and all systems should have information exchange and the possibility of mutual integration. Currently, such a tram is being tested at the testing ground on the territory of “Shavrovo”, where RFID tags, V2X equipment, and traffic lights are installed. After the adoption of the relevant resolution of the government of St. Petersburg, this rolling stock will go on city routes.

    Even when switching to unmanned mode, we will not abandon human participation in the movement. Our main task is to ensure the safety of passengers and improve the quality of services provided, – noted Pavel Polyakov.

    Deputy Head of the Computer Technology, Communications and Communications Service of Gorelektrotrans Andrey Sokolov spoke about the development of methods that will allow an objective assessment of the degree of reliability of a particular system and the level of trust in them.

    Everyone is waiting for certain approaches, requirements and restrictions before implementing systems in practice. And here we are already talking about trusting and explanatory artificial intelligence, which will provide justifications for why this or that decision was made, – commented the moderator of the seminar, head of the laboratory “Industrial systems of streaming data processing” of SPbPU Marina Bolsunovskaya.

    Associate Professor of the Higher School of Management of the Institute of Metallurgy and Metallurgy Dmitry Plotnikov noted that the regulatory framework is lagging far behind the technology, and outlined the interdisciplinary tasks in the development of ground unmanned vehicles. He emphasized that it is necessary to conduct a lot of tests and accumulate data that will form the basis of standards. Dmitry Plotnikov spoke about unmanned vehicles that were developed at SPbPU, about the prospects for the implementation of AI systems in transport.

    The participants discussed the possibility of trial operation of the Polytechnic University’s development in the GET — a control system for unmanned cargo transport based on the Gazelle e-NN vehicle. They also considered the advantages of virtual modeling of road situations instead of real tests. Dmitry Plotnikov emphasized that virtual modeling will not completely replace real tests, since it is impossible to virtually foresee all physical processes. Marina Bolsunovskaya believes that at the first stage, virtual modeling can be carried out and then confirmed by full-scale tests. They are important, since not all real-world objects have been analyzed and fully described.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    June 4, 2025
  • MIL-OSI: Spatial Web Foundation Announces IEEE Approval of Spatial Web Standards

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 03, 2025 (GLOBE NEWSWIRE) — The Spatial Web Foundation (SWF) proudly announces that The Institute of Electrical and Electronics Engineers (IEEE) has officially ratified the P2874 Spatial Web standards: the Hyperspace Modeling Language (HSML) and the Hyperspace Transaction Protocol (HSTP).

    These global standards establish the technical foundation for a secure, interoperable, and intelligent Spatial Web—enabling collaboration between AI agents, IoT devices, robotics systems, and digital infrastructure across real-world environments.

    The Spatial Web Protocol, Architecture, and Governance Standards were developed over a five-year period by IEEE Working Group comprised of members from industry, government, academia, and civil society. The Standards were developed within the IEEE Artificial Intelligence Standards Committee, under the auspices of the IEEE Computer Society, the largest global community of computer scientists and engineers.

    The Spatial Web standards are not just a technical protocol, but a global framework for how intelligent systems interact with both the physical and social worlds. By encoding semantic meaning, spatial context, and temporal logic, these standards enable the digital representation of people, places, objects, and processes in a manner that machines can understand and act upon—while ensuring alignment with human-designed systems of law, governance, and coordination.

    Just as past IEEE standards laid the foundation for technologies like Wi-Fi® and Bluetooth®, the Spatial Web standards (HSML and HSTP) provide a common language that manufacturers, developers, and engineers can rely on to build interoperable, compliant systems, reducing friction, accelerating deployment, and lowering integration costs. At the same time, they provide governments, regulators, and institutions with a technical foundation for developing policies, laws, and safeguards that help ensure these systems operate safely and ethically in the real world.

    By defining the methods and the rules for intelligent agents to interact with both digital systems and physical environments, the Spatial Web standards unlock new possibilities for automation, coordination, and control in sectors such as smart cities, logistics, manufacturing, defense, healthcare, aerospace, and virtual worlds.

    Key benefits include:

    • Increased interoperability across hardware, software, and environments
    • Improved explainability and transparency in autonomous systems
    • Spatial encoding of laws and permissions to improve governance and regulatory compliance
    • Reduced integration costs through standardized protocols and metadata structures
    • Accelerated development of AI and robotic systems with plug-and-play intelligence and data permissions

    “The ratification of the Spatial Web standards marks a turning point—akin to the launch of TCP/IP for the internet,” said Bastiaan den Braber, Director of Operations at the Spatial Web Foundation. “The standards lay the groundwork for a network that is not just informational, but spatial and intelligent—bridging the gap between the physical and digital worlds. This is how we prepare for, build, and benefit from the next era of the Web.”

    “The Spatial Web standard offers the blueprint for harmonizing activities across digital twins, physical infrastructure, and AI and human agents,” said George Percival, Vice-Chair of the IEEE P2874 Working Group. “This is a foundational leap toward scalable, semantic interoperability across domains.”

    About Spatial Web Foundation

    The Spatial Web Foundation is dedicated to the development and implementation of socio-technical standards that will provide a safe and secure and interoperable foundation for the Spatial Web. These standards ensure that exponential technologies are not only technically robust but also socially beneficial, safe, compliant with existing laws, and in alignment with societal norms and values. SWF is a community of developers, creators, scientists, and innovators with a shared mission to enable a hyper-connected, contextually aware, ethically-aligned network of humans, machines, and artificial intelligence.

    On behalf of the Company

    Press Inquiries: https://spatialwebfoundation.org/swf/contact/ 

    You can find more information at: https://spatialwebfoundation.org/ and https://sagroups.ieee.org/2874/ 

    The MIL Network –

    June 4, 2025
  • MIL-OSI: 3D Systems’ Additive Manufacturing Solutions Enable Pioneering Research on Advanced Thermal Control Systems for Next Generation Space Missions

    Source: GlobeNewswire (MIL-OSI)

    • 3D Systems’ applications expertise, technologies foundational to research projects led by Penn State, Arizona State & NASA Glenn Research Center
    • Additive manufacturing enabling novel titanium and nitinol passive heat pipes for space applications with 50% reduced weight enabling more efficient thermal management
    • Researchers advance state-of-the-art for thermal management of CubeSats with projected 6× greater deployed-to-stowed-area ratio with one of the first additively manufactured shape memory alloy (nitinol) radiators
    • 3D Systems’ solutions accelerating the adoption of additive manufacturing use in space applications — a total addressable market anticipated to reach nearly $4 billion by 2030

    ROCK HILL, S.C., June 03, 2025 (GLOBE NEWSWIRE) — Today, 3D Systems (NYSE: DDD) announced the Company is collaborating with researchers from Penn State University and Arizona State University on two projects sponsored by the National Aeronautics & Space Administration (NASA) intended to enable ground-breaking alternatives to current thermal management solutions. Severe temperature fluctuations in space can damage sensitive spacecraft components, resulting in mission failure. By combining deep applications expertise with 3D Systems’ leading additive manufacturing (AM) solutions comprising Direct Metal Printing (DMP) technology and tailored materials and Oqton’s 3DXpert® software, the teams are engineering sophisticated thermal management solutions for the demands of next-generation satellites and space exploration. The project led by researchers with Penn State University, Arizona State University, and the NASA Glenn Research Center1 in collaboration with 3D Systems’ Application Innovation Group (AIG) has resulted in processes to build embedded high-temperature passive heat pipes in heat rejection radiators that are additively manufactured in titanium. These heat pipe radiators are 50% lighter per area with increased operating temperatures compared with current state-of-the-art radiators, allowing them to radiate heat more efficiently for high power systems. Additionally, a project led by researchers at Penn State University and NASA Glenn Research Center2 with 3D Systems’ AIG yielded a process to additively manufacture one of the first functional parts using nickel titanium (nitinol) shape memory alloys that can be passively actuated and deployed when heated. This passive shape memory alloy (SMA) radiator is projected to yield a deployed-to-stowed area ratio that is 6× larger than currently available solutions, enabling future high-power communications and science missions in restricted CubeSat volume. When deployed on spacecraft, such as satellites, these radiators can raise operating power levels and reduce thermal stress on sensitive components, preventing failures and prolonging satellite lifespan.

    Traditionally, heat pipes have been manufactured with complex processes to form porous internal wick structures that passively circulate fluid for efficient heat transfer. Using Oqton’s 3DXpert® software, the Penn State/Arizona State/NASA Glenn/3D Systems project team embedded an integral porous network within the walls of the heat pipes, avoiding subsequent manufacturing steps and resulting variability. Monolithic heat pipe radiators were manufactured in titanium and nitinol on 3D Systems’ DMP technology. The titanium-water heat pipe radiator prototypes were successfully operated at temperatures of 230°C and weigh 50% less (3 kg/m2 versus over 6 kg/m2), meeting NASA goals for heat transfer efficiency and reduced cost to launch for space-based applications.

    The Penn State/NASA Glenn/3D Systems team is also pushing the boundaries of what is possible with metal AM by developing a process to 3D print passively deployed radiators with shape memory alloys. The chemistry of these materials can be tuned to change shape with application of heat. SMAs can withstand repeated deformation cycles without fatigue and exhibit excellent stress recovery. The team again used 3DXpert to design the deployable spoke structure of the radiator. This was then 3D printed in nitinol (NiTi), a nickel-titanium shape memory alloy, using 3D Systems’ DMP technology. When affixed to a spacecraft such as a satellite, this device can be passively actuated and deployed when heated by fluid inside, thus removing the need for motors or other conventional actuation in space. The passive shape memory alloy radiator developed by the team offers transformative advances with projected deployed-to-stowed area ratio that is 6× larger than what is currently considered state-of-the-art (12× versus 2×) and 70% lighter (<6 kg/m2 versus 19 kg/m2).

    “Our long-standing R&D partnership with 3D Systems has enabled pioneering research for the use of 3D printing for aerospace applications,” said Alex Rattner, associate professor, The Pennsylvania State University. “The collective expertise in both aerospace engineering and additive manufacturing is allowing us to explore advanced design strategies that are pushing the boundaries of what is considered state-of-the-art. When we complement this with the software capabilities of 3DXpert as well as the low oxygen environment in 3D Systems’ DMP platform, we are able to produce novel parts in exotic materials that enable dramatically improved performance.”

    “3D Systems has decades of leadership developing additive manufacturing solutions to transform the aerospace industry,” said Dr. Mike Shepard, vice president, aerospace & defense, 3D Systems. “Thermal management in the space environment is an ideal application for our DMP technology. These latest projects, in collaboration with the teams at Penn State, Arizona State, and NASA Glenn Research Center, demonstrate the potential of our DMP technology to create lightweight, functional parts that advance the state-of-the-art in thermal management for spacecraft applications. Thermal management is an extremely common engineering challenge and the DMP process can deliver solutions that are effective for many industries including aerospace, automotive, and high-performance computing/AI datacenters.”

    According to Research and Markets3, the global market for additive manufacturing in the aerospace industry was estimated at $1.2 billion in 2023 and is projected to reach $3.8 billion by 2030. Additive manufacturing is making a significant impact by enabling the production of airworthy parts with reduced weight and improved performance. In the last decade alone, 3D Systems has worked alongside aerospace industry leaders to produce more than 2,000 structural titanium or aluminum alloy components for space flight, and over 200 critical passive RF flight parts. There are currently more than 15 satellites in orbit with 3D Systems-produced flight hardware on board. For more information, please visit the Company’s website.

    Forward-Looking Statements
    Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise, except as required by law.

    About 3D Systems
    For nearly 40 years, Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; AI infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the company is available at www.3dsystems.com.

    Investor Contact:   investor.relations@3dsystems.com
    Media Contact:      press@3dsystems.com


    1 NASA STMD 80NSSC22K0260 (https://tfaws.nasa.gov/wp-content/uploads/TFAWS2024-PT-3.pdf)

    2 NASA 80NSSC23M0234 (https://govtribe.com/award/federal-contract-award/cooperative-agreement-80nssc23m0234)

    3 Revolutionizing Aerospace: How Additive Manufacturing is Set to Transform the Industry by 2030 (January 2025).

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Primech AI Signs Lease Agreement with Leading Facilities Management Leader for HYTRON LITE Robot Deployment at One of Singapore’s Largest Hospitals

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 03, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the signing of a two-year lease agreement with one of the leading facility management service providers for the deployment of its innovative HYTRON LITE autonomous bathroom cleaning robot at one of Singapore’s largest public hospitals.

    The two-year agreement represents a milestone in commercializing Primech AI’s robotics technology. It underscores the growing market demand for advanced cleaning automation in complex, high-traffic environments such as healthcare facilities. This deployment represents another milestone with Primech AI’s entry into the critical healthcare sector, where stringent cleaning and hygiene standards are paramount, confirming the commercial viability of the HYTRON LITE robot for high-stakes environments where consistent sanitization is essential for patient and staff safety.

    “Securing this deployment at one of Singapore’s premier healthcare institutions marks a significant milestone in our commercialization strategy,” said Charles Ng, Co-Founder and Chief Operating Officer at Primech AI. “Healthcare environments demand the highest standards of cleanliness and operational reliability. This deployment demonstrates our HYTRON LITE robot’s capabilities in meeting these exacting requirements while addressing the critical labor challenges faced by the healthcare sector.”

    HYTRON LITE incorporates the NVIDIA Jetson Orin Super, a state-of-the-art System-on-Module (SoM) designed for robust edge AI and robotics applications. Known for its compact size and powerful AI capabilities, the NVIDIA Jetson Orin Super facilitates high-energy efficiency and superior AI processing at the edge. The HYTRON LITE robot will provide autonomous cleaning services, delivering consistent, high-quality sanitization while reducing the manual labor burden on facility management staff. The robot’s advanced features include the self-generation of electrolyzed water for eco-friendly cleaning, contactless and contact-based cleaning capabilities, self-charging systems, automated water handling, air-drying, and floor-mopping functions.

    “This deployment is particularly significant as it allows us to demonstrate our technology’s value in an environment where cleaning quality directly impacts patient outcomes,” added Mr. Ng. “The healthcare sector represents a key growth market for our robotics solutions, and we’re excited to showcase how automation can enhance both operational efficiency and hygiene standards.”

    The first HYTRON LITE robot is scheduled to be delivered by early June 2025, with installation, setup, and training to be provided by Primech AI’s specialized technical team.

    About Primech AI

    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

    About Primech Holdings Limited

    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.    

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:
    Email: ir@primech.com.sg

    Investor Relations Contact:        
    Matthew Abenante, IRC
    President                                        
    Strategic Investor Relations, LLC                                         
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI Global: Five geoengineering trials the UK is funding to combat global warming

    Source: The Conversation – UK – By Robert Chris, Honorary Associate, Geography, The Open University

    graphicwithart / shutterstock

    The UK government recently announced plans to fund five small-scale trials related to geoengineering. It’s the first time a state research funding body has put serious money into what’s known as solar radiation management, or SRM, which seeks to cool the planet by reflecting more of the Sun’s energy back into space.

    It’s easy to see why countries have been so hesitant to proceed with projects of this nature: SRM is highly controversial, even among scientists.

    Deliberately altering the atmosphere, a shared global resource, is fraught with ethical, geopolitical and practical problems. It is and always has been a crazy idea.

    However, many consider the failure to control carbon emissions means not intervening in this way is an even crazier idea. They consider it necessary to avert the collapse of ecosystems and society. Perhaps solar geoengineering is the price we must pay for our wholly inadequate climate change response to date.

    The good news is that SRM may be able to deliver some progress relatively quickly. Earth has become slightly less reflective over the past few decades. That’s mostly thanks to reduced cloud cover (warmer oceans cause clouds above them to evaporate), but also thanks to less snow and ice, and a significant reduction in nasty-but-reflective shipping fuel pollutants.

    By my calculations (based on data from US climate scientist James Hansen), this reduction in the reflectivity of Earth has caused as much warming as the 750 gigatonnes of CO₂ emitted since 2005. And while it will take decades to achieve significant global cooling through decarbonisation, it can be achieved relatively quickly by small increases in reflectivity.

    Of the 21 projects being funded by Aria, the UK government’s Advanced Research and Invention Agency, five are likely to involve small-scale outdoor experiments. They account for about half the £57 million programme.

    Three of the projects concern brightening clouds over the ocean, one explores a method of refreezing the Arctic and the fifth looks at a specific detail of injecting reflective aerosols into the stratosphere.

    The other projects concern how to govern these technologies and model and monitor their effects. They could also yield insights vital for securing the public and governmental support necessary if these technologies are ever to be deployed on a much larger scale.

    Marine cloud brightening

    Marine cloud brightening seeks to make clouds over the ocean more reflective. This is done by turning seawater into an aerosol spray and allowing air currents to loft salt crystals into the clouds, where they enhance the creation of reflective water droplets.

    Clouds above the ocean could become a key battleground in the fight against climate change.
    G_O_S / shutterstock

    The greatest challenge with this method is making enough seawater mist in which the droplets are of a uniform size, about 1 micron in diameter. The Reflect project led by the University of Manchester has received £6.1 million to explore “the technical feasibility and optimal methods” for generating these droplets.

    A team from the University of Reading has developed a process using drones to fire electric charges through fog to alter the size of its water droplets. Their Brightspark project has been awarded £2 million to determine whether this process would be viable and safe if applied to clouds. A second phase involving small-scale testing in the UK is contingent on further approval by Aria.

    Daniel Harrison, an oceanographer at Southern Cross University in Australia, has been researching marine cloud brightening for several years for the limited purpose of protecting the corals of the Great Barrier Reef. Preliminary results are positive.

    His previous work will be extended to assess if, and how, marine cloud brightening could work safely and effectively, but still only as a regional intermittent intervention to protect coral from marine heatwaves.

    This will also be a two-phase project (£1 million and £5 million respectively) in which the research will initially deal with modelling and spray design. Subject to further approvals, it will then test the newfound knowledge over the Great Barrier Reef.




    Read more:
    Could ‘marine cloud brightening’ reduce coral bleaching on the Great Barrier Reef?


    The remaining two projects are both from teams led by the Centre for Climate Repair at Cambridge University (I’m an associate researcher of the centre but I have no involvement in either of these projects).

    Arctic refreezing

    Engineer Shaun Fitzgerald has been awarded £9.9 million to extend an existing research project to examine the feasibility of thickening Arctic sea ice by pumping seawater from below the ice on to the surface, where it freezes. The idea is to increase the extent and thickness of sea ice in winter so that it endures longer through the summer.

    Thicker, longer-lasting sea ice may help keep global warming in check.
    Mozgova / shutterstock



    Read more:
    Arctic ice is vanishing – our bold experiment is trying to protect it


    The project also includes modelling to assess the impact this would have on a range of climate phenomena. Most significantly, this includes the Atlantic meridional overturning circulation, an ocean current that some fear is in imminent danger of weakening sufficiently to bring Siberian winters to north-west Europe.

    Stratospheric aerosol injection

    The final project being funded looks at the injection of aerosols into the stratosphere – higher than clouds – where they would reflect a little of the Sun’s energy back to space.

    Many regard this as the form of geoengineering most likely to happen. It is the most studied, as it replicates the natural cooling effect of certain big volcanic eruptions that put massive amounts of sulphate-based aerosols into the stratosphere. Scaling it to be climatically significant is thought to be relatively straightforward, and would probably be the cheapest cooling option.

    One significant concern is the health and environmental impact of these aerosols as they fall back to the planet’s surface. Hugh Hunt, also an engineering professor at Cambridge, has been awarded £5.5 million to examine a range of alternative aerosol compounds. The plan is to send tiny samples into the stratosphere in specially designed gondolas attached to balloons. The gondolas will later be recovered, so that the effect of the stratosphere on the samples can be examined. Nothing will be released into the atmosphere.

    A small step towards something much bigger

    Aria is treading a fine line with this programme.

    On the one hand, the organisation recognises that further interventions might be needed to mitigate the harm from the continuing failure to phase out fossil fuels. On the other, it recognises how controversial such interventions are. It is clearly anxious not to provoke a public furore that could undermine the research effort.

    In isolation, it is unlikely that this programme will fill any knowledge gaps that might encourage policymakers to push climate intervention up the international agenda. What it could demonstrate, however, is that with appropriate controls in place, it is safe to test these options.

    Perhaps the next funding round will support bigger outdoor experiments. These would help determine which technologies can eventually become the safe and effective climate interventions we desperately need.


    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed so far.


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

    – ref. Five geoengineering trials the UK is funding to combat global warming – https://theconversation.com/five-geoengineering-trials-the-uk-is-funding-to-combat-global-warming-256515

    MIL OSI – Global Reports –

    June 4, 2025
  • MIL-OSI: Sagtec Unveils AI-Powered Robotics Platform to Redefine Front-of-House Dining Operations

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, June 03, 2025 (GLOBE NEWSWIRE) — Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a technology innovator in customizable software and AI systems, today announced the commercial launch of its AI-powered robotics platform, engineered to transform front-of-house operations across the global hospitality sector.

    Designed to address one of the industry’s most pressing challenges: labor-intensive service operations, the platform combines autonomous robotics, proprietary AI algorithms, and real-time software orchestration. With early traction from multinational restaurant groups and franchise chains, Sagtec is positioning this solution as a foundational pillar for intelligent automation in dining environments.

    “This launch represents more than just a new product; it’s a leap forward in hospitality automation. Our AI-powered platform evolves with each deployment, enhancing user experience, brand personalization, and service efficiency. We are targeting over 500 new robotic kiosk subscriptions within the next 12 months, supported by growing demand across Southeast Asia and the Middle East,” said Kevin Ng, Chairman, Executive Director, and Chief Executive Officer of Sagtec.

    Key features of the platform include:

    • Autonomous robotic navigation and AI-driven spatial awareness for seamless, real-time delivery in dynamic restaurant environments
    • Natural language ordering with multilingual voice engagement and facial recognition
    • Precision robotic arm integration for hygienic, consistent delivery
    • Full point-of-sale (POS) software integration enabling real-time syncing with ordering systems
    • Customizable UI/UX for brand-specific voice design, themes, and ambient behaviour.

    The platform is structured to generate high-margin, recurring revenue through multiple monetization streams:

    • Hardware sales and robotic leasing subscriptions
    • Licensing of Sagtec’s proprietary AI software layer, including conversational and behavioral intelligence
    • Predictive diagnostics and tiered maintenance contracts for optimized uptime and support
    • Customization and branding packages tailored to enterprise and franchise clients

    This launch marks a significant expansion of Sagtec’s total addressable market (TAM) and strengthens the Company’s long-term earnings visibility. According to Fortune Business Insights, the global service robotics market is projected to exceed US$90.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 19.2% from 2025. Sagtec’s offering is strategically positioned to capitalize on this momentum, particularly as the hospitality sector faces a projected shortfall of 14 million workers by 2030, according to the World Economic Forum.

    By entering the intelligent robotics space, Sagtec is establishing itself as a key AI systems provider within one of the fastest-growing automation segments. With a scalable SaaS-style licensing model, flexible hardware leasing, and enterprise-grade customization, the Company is building a defensible, multi-layered ecosystem designed to deliver predictable, repeatable revenue growth in the years ahead.

    About Sagtec Global Limited

    Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd.

    For more information on the Company, please log on to https://www.sagtec-global.com/.

    Contact Information:

    Sagtec Global Limited Contact:
    Ng Chen Lok
    Chairman, Executive Director & Chief Executive Officer
    Phone: +6011-6217 3661
    Email: info@sagtec-global.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a059645c-52b1-4fe2-8a27-333130176a29

    The MIL Network –

    June 4, 2025
  • MIL-OSI United Kingdom: Lisa Nandy speech at Media & Telecoms 2025 and Beyond Conference

    Source: United Kingdom – Executive Government & Departments

    Speech

    Lisa Nandy speech at Media & Telecoms 2025 and Beyond Conference

    Culture Secretary Lisa Nandy’s keynote speech at the Deloitte and Enders Analysis’ Media & Telecoms 2025 & Beyond Conference in London.

    I said when I addressed the Royal Television Society at the end of last year that there is a choice ahead of us, whether we choose to be the last guardians of this chapter or the first pioneers of the next. And those of you in this room are those pioneers, public service broadcasters, providing an engine room of talent development and creativity, a strong independent sector producing and distributing British content seen at home and around the world on screens big and small, a rich and varied press holding the powerful to account, not always comfortably for us in government, but essential to the functioning of a healthy democracy, and an advertising ecosystem that underpins all of this and makes it possible. 

    You and your sectors are central to the cultural, democratic and economic life of this country and many other countries around the world. This government values what your sectors bring to the economy, to skills and good jobs, and as a symbol of that, we have chosen to back the creative industries as one of the eight highest growth industries in the UK in our forthcoming industrial strategy. Over the last decade, the creative industries have increased their output at more than one and a half times the rate of the rest of the economy. They, you, are a major UK employer. You drive growth at home and you project the UK overseas. Collectively, you underpin a hugely important industry for this country. And whilst we will have more to say on the sector plan shortly, that will put rocket boosters under the creative industries, I want to say now that this government recognises your value and we have your back.

    But the media is, and always has been, about much more than that. And there’s one issue above many others that I want to talk with you about today. Trust. Last summer, when many of our towns and cities went up in flames, nobody could ignore the fractured nature of society. We have found multiple ways to divide ourselves from one another over recent decades, and it feels at times that we’ve lost the ability to understand one another. When people are working harder than ever before, but can’t make ends meet, when their contribution is not seen or valued, when politicians display a violent indifference to the things that matter, a decent high street, transport, a viable football club, it is no wonder that people lose trust, trust in our leaders, trust in our democratic institutions and trust in each other.

    That’s when news and information becomes critical. Not the sort of news and information that helps to polarise and divide, but trust in news that builds a shared understanding of the world.

    And we’re all of us in this room custodians, custodians of our institutions, but more than that, custodians of a cohesive, self confident country. And who of us can look at this country and the world right now and say that we’re succeeding?

    We know that people rate traditional news sources high on trust, accuracy and impartiality. We also know that news sourced via social media is rated significantly lower, and I think we’re all aware of the darker side of social media, where facts are disputed and division is sown. Against that backdrop, your work is not just important, it is central to the future of this nation.

    I’ve always believed in the power of media, because it is in my blood. My mum was one of the only female editors at Granada TV in 1989, running a busy newsroom on the day that Hillsborough happened. I remember vividly as a 10 year old sitting in the newsroom with my sister until late into the night as the horrific scenes unfolded, watching her make the agonising call for the cameramen on the ground to keep filming rather than aid the rescue effort. That footage would later become critical in achieving justice for the 97, revealing evidence of a cover up and improving safety in stands at football grounds.

    I watched my stepdad make the call to commission ‘Who Bombed Birmingham?’ and persist with the program over several months despite intense opposition. That documentary didn’t just go on to ensure the release of the Birmingham Six. It exposed a miscarriage of justice that would send shockwaves through the country and lead to major reforms to the criminal justice system that persist to this day. It’s in these moments that great journalism shines a light into the darkest parts of our country, holds up a mirror to those in power, and reasserts the power of the people.

    I can think of no better recent example of this than last summer, as our towns and cities were set ablaze by violent thugs. It was local media on the ground who countered mis- and disinformation in real time. And they told the real story, the story of our communities, who came together to defend all of us in all of our diversity and led the community fightback.

    Our national and local media is, in short, too important to fail. But we appreciate as a government that you are businesses with a bottom line, and you have been operating in the toughest of environments for some time. You don’t need me to tell you that consumer habits are changing. Seventy one percent of UK adults consume online news in some capacity, twice as many as a decade ago, and that includes some eighty eight percent of 16 to 24 year olds. Just one in 10 pick up a print newspaper, compared to over half of over 75s. And for Gen Z, internet influencers are considered almost as trustworthy as traditional media. So I’m glad that the next session in this conference is focused on news and media in the AI age. 

    But these aren’t the only changes that we are collectively grappling with. When it comes to the media sector, there is enormous upheaval. Print advertising is down by a third, but online advertising has more than doubled. Broadcast viewing is down by a quarter, but on demand viewing is soaring, and the advent of AI, with its enormous potential to support creativity, comes with fresh challenges around copyright, authorship and fair compensation. The consequences of this can be stark and they can be uneven. Take, for example, the dramatic shift in TV commissioning patterns that have seen the UK become a world leader in high end, at the same time that smaller producers have seen the value of their commissions fall by a third and too many talented creatives left out of work.

    We’re living through a revolution, but just as with the invention of the printing press and every revolution since, we don’t run from it, we adapt again, and we learn how to become stronger for it, in a new age. And at a crucial point in our history, governments have always proactively partnered with industry to forge a new path forward, like the Annan Committee in 1974, a landmark review into the future of broadcasting that my dad was a member of. It led to the creation of Channel Four, a recognition that the country had changed, with working classes, women and minority communities crying out to be heard in this new society and a nation that needed to define itself once again. 

    We’re in a similar period of transition now, and transitions need to be managed. Our job as a government is to create the framework so you can keep providing rigorous journalism in an evolving news landscape, among which the creative output that is only produced by people coming together across every part of the United Kingdom, that resonates with them and their lives. That’s why we’ve already acted in the last year to fix the foundations, implementing the Online Safety Act to keep users safe while protecting press and media freedom, recognising the value and importance of recognised news publisher content. Implementing the new digital markets regimes to allow you to challenge market dominance that negatively impacts your business, and convening the National Committee for the Safety of Journalists, to bring industry and government together to protect journalists and allow you to speak truth to power.

    I’ve heard from you the need for fair competition and a government that supports you. That’s why we’ve already acted to protect the sustainability of the sector, implementing the Media Act, delivering a new, more sustainable settlement for our public service broadcasters, so they can continue to invest in high quality original UK content, as well as a level playing field for our radio stations. Hearing your concerns about less healthy food advertising restrictions and acting quickly to support clarity and common sense. Increasing funding for community radio stations this year to £1 million to help support hyper local stations that represent and unite their communities. Providing clarity on foreign state ownership of newspaper enterprises, a tough and crucially workable regime to protect our newspapers from foreign interference, while ensuring sustainable investment so that our papers can thrive, and making changes to the media ownership regime to protect news in all its forms from influences that could risk our plural and trusted media.

    But I do want to pause for a moment on AI, which has been the subject rightly of so much debate, not just here, but across the world. We are determined to find a way forward that works for the creative industry and creators, as well as the tech industries. Creators are the innovators, fundamental to our economic success in the future. And with my colleague Peter Kyle, we’re working together to find a better solution. The issue of AI and copyright needs to be properly considered and enforceable legislation drafted with the inclusion, involvement and experience of both creatives and technologists. And so as soon as the Data Bill is passed by Parliament, Peter and I will begin a series of roundtables with representatives from across the creative industries to develop legislation, with both houses of Parliament given time to consider it before we proceed. We approach you with no preferred option in mind. During the consultation we have heard you loud and clear that what works for one part of the creative industries doesn’t work for another. Now you know as well as I do that in this international landscape, there are no easy solutions, but this government is determined to work with you to find a solution with transparency and trust as its foundation. We have heard you loud and clear. 

    I will never stop working for creatives to deliver solutions, transparency and the empowerment that you need in the digital age. We are a Labour government, and the principle of people must be paid for their work is foundational, and you have our word that if it doesn’t work for the creative industries, it will not work for us.

    People are at the heart of this industry, and so we’ve also acted to support the people at the heart of this sector, supporting the launch of CIISA to tackle head on the issues of workplace culture that have plagued our creative industries for too long and denied us a chance to harness the full range of talent that exists in our country. I’ve been particularly pleased to see the BBC’s recent announcement that it will no longer commission companies who are not signed up to the CIISA standards. That is what leadership looks like. I’m publishing updated online safety guidance to support journalists to report in the public interest without fear. I’m proud of what we’ve been able to achieve together in just one year.

    But as the sector evolves, so must we, and we want a vibrant and sustainable media ecosystem with PSBs, streamers, indies, radio, TV, press, thriving across the UK, and not just individually, but collaborating together to invest in the skills, infrastructure and co-productions that we need, and when you do well, we won’t penalise you through new taxes and levies, but ensure that we have a regulatory framework that incentivises inward investment that creates opportunities for businesses, both big and small, and the UK talent to be showcased across the world.

    Take Bad Wolf as an example. First, a successful indie partnering with the BBC, then getting long term investment from Sky, HBO and most recently Sony, and now with the help of the Welsh Government, one of the anchor tenants of the Cardiff creative cluster. Or the growing cluster of audio producers in Manchester, such as Made in Manchester and Audio Always supported by the shift of BBC commissioning to the region.

    I told you this government would have your back, and we will. Over the coming months, we will build on Ofcom’s Public Service Media Review during the summer by taking action to ensure our public service broadcasters can continue to do what they do best long into the future. We will publish a Local Media Strategy to ensure that people in every town, city and village can access trust in news that reflects their lives as reserves better, helping them to hold local public services to account. As a government, we are committed to the biggest devolution of power out of Westminster and Whitehall in a generation, which will make local news and local media the most important that it has ever been. 

    We will launch the BBC Charter Review later this year to support a BBC that is empowered to continue to deliver a vital public service funded in a sustainable way. A BBC that can maintain the trust and support of the public in difficult times, support the wider ecosystem, and that is set up to drive growth in every part of the United Kingdom. 

    Later this month, we’ll publish a Creative Industries Sector Plan to turbocharge the growth of creative industries right across the UK. To support film and TV clusters from Birmingham to Belfast. To tap into the huge potential for growth that exists across our country.

    My commitment to you is an open and collaborative partnership with the government so that we can walk through this transition together. We will play our part, but we need you to play yours. We need more collaboration within your sector and especially between our public service broadcasters, to tackle these great social and economic challenges, working together in a number of areas, particularly tackling mis- and disinformation and promoting high quality news by investing in your journalism arms, partnering more rather than competing with or undercutting local news publishers, improving media literacy by helping consumers find and recognise accurate and impartial news reporting, supporting initiatives like BBC Verify and the Local Democracy Reporting Service. 

    We need you to work together to promote high quality children’s content. We all want our young people to grow up to see the high quality content that will educate and inform and equip them for the world. But also to inspire young people who see themselves and their opportunities in your content, bringing untold benefit to the industry in inspiring future generations of content makers. We make great children’s content in the United Kingdom, but we don’t collectively promote it enough.

    And also to understand how you can lead on this great transformation, thinking creatively about alternative ways to monetise your content and assets, and crucially, working together to move to where people are building on and developing more shared platforms and operations, like freely at radio player to help manage costs that make it easier for audiences to access your content.

    We need you to take seriously the need to shift resources, opportunities and commissioning power to every nation and region. There is a principle that will run through our industrial strategy like a thread: economic growth, good jobs, skills and opportunities. Not just in one part of the country, but in every single nation and region, across our towns, villages and cities. So we need you to step up and do more, not just paying lip service to the need for regional and national content, but really embedding yourselves in those communities to make sure that those voices are heard, those stories are told. Because talent is everywhere, but opportunity is not.

    In a world where trust is at a premium, it’s easy to draw divisions: broadcasters versus streamers, online versus print, local versus national, big versus small. But we have to reject that way of thinking. Because despite all the talk of challenges, and there are many, the fundamentals of our media sectors are strong. They have great talent and infrastructure, and I hope that we can work together to create a great policy framework too, so that you can continue to be the custodians of our national life and usher this country into the coming decade.

    It’s my firm belief that this country has been through difficult times, buffeted by global forces and decision-making at home, and we need to take this moment to recover our sense of self confidence. When it comes to the creative industries, whether it’s film, TV, fashion, music, arts, culture, we are really good at this stuff. We light up the world with the content that we’re able to make and produce and we change lives here, at home and overseas. 

    Recently, I was in India and then Japan, and I couldn’t fail to be impressed by the esteem in which British media and creatives are held. Millions of people around the world watch big budget dramas like ‘Doctor Who’ and ‘Bridgerton’, but they also watch a slew of other fantastic shows and formats from ‘Planet Earth’ to ‘Come Dine With Me’ and everything in between. They read our news, they watch our adverts, they listen to our podcasts. 

    What that does is not just project the UK to the rest of the world, but it connects people in an increasingly fragmented, divided and polarised world. So many of the people I spoke to wanted to come and make things in the UK with the UK, we are a cultural powerhouse. No one will be a more passionate advocate for our sectors than me or our ministerial colleagues at DCMS. 

    So know that you have our full support as we enter this new era. Know that I am confident that if we work together, we can face head-on these challenges and make the most of change as a country. We’ve been drifting too long, but now is the time to chart a new course, a media that is fiercely independent, that creates and produces some of the best content in the world. That draws on the talent that exists in every corner of our country to shape, define and give voice to our national story, and provide those moments that bring us together in shared experience at a time when so much of our consumption is fractured and polarising. As we look to this new era and a new country, let nobody say that it falls to anybody else. It falls to us.

    Updates to this page

    Published 3 June 2025

    MIL OSI United Kingdom –

    June 4, 2025
  • MIL-OSI: Employ Unveils Bold AI Companion Strategy—Responsible AI Built for Recruiters, Designed for Impact

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 03, 2025 (GLOBE NEWSWIRE) — Employ Inc., the market-leading intelligent hiring suite, today announced the launch of its new AI Companion strategy. Leading the rollout is the AI Interview Companion, the first of many purpose-built AI Companions being added to the Employ suite of intelligent hiring solutions. With this launch, Employ is accelerating its innovation roadmap while keeping pace with the rapid evolution of AI.

    Employ’s AI Companions are built to transform hiring by addressing the most critical choke points in the recruiting process, where AI can provide the most value. Embedded directly within an ATS, each Companion is purpose-built to optimize a specific stage, like sourcing, screening or interviewing. Driven by a bold AI strategy and a deep commitment to innovation, Employ is rapidly advancing its solution suite to supercharge recruiter productivity, delivering cutting-edge tools that redefine what’s possible in modern hiring.

    Employ delivers tangible AI power directly into the hiring workflow via: 

    • Better interviews and better hires with AI Interview Companion: From auto-summarized intake meetings to AI-guided interviews, streamline every step and instantly provide feedback into the Lever or Jobvite ATS.
    • Make faster, smarter hiring decisions with Talent Fit: This AI-powered capability instantly analyzes and ranks candidates against job requirements, providing clear, concise explanations for each match.
    • Hire faster with pre-screened, top-ranked applicants while reducing screening burden by up to 40 percent and only paying for results: Smart Screening combined with our exclusive LinkedIn and VONQ CPA+ partnerships delivers pre-qualified, top-ranked applicants—complete with scores and transcripts—directly to the Lever or JazzHR ATS.

    “A recent IDC Research Business Value Snapshot found that organizations using Employ’s products achieved an average of $959,000 in annual benefits—delivering a three-year ROI of 255 percent and payback period of just four months,” said Dara Brenner, Chief Product Officer at Employ. “Building on this proven impact, we’re introducing our new AI Companion strategy, designed to keep recruiters in the driver’s seat and help talent teams foster a more dynamic and human-centric workplace.”

    “Today marks a significant milestone in our Employ innovation story,” said Steve Cox, Chief Executive Officer at Employ. “We recognize the importance of connecting with candidates on a deeper level, building out high-performing teams, and shaping workplaces with intention. That’s why our approach to AI Companions works alongside recruiters, not in place of them. Human oversight, transparency and trust remain at the center of everything we build as AI continues to become a strategic imperative in the recruitment journey.”

    Founder and Chief Analyst at WorkTech, George LaRocque, said, “Employ’s AI Companion strategy is the most comprehensive that I’ve seen to date. It’s a bold, well-timed shift that positions the company at the forefront of talent acquisition innovation as we enter this agentic tech era. By tackling real hiring challenges with enterprise-grade solutions and leading on AI governance through its partnership with IBM, Employ is poised to move the conversation on AI from exciting use cases to real business impact.”

    We’re Not Just Building AI for AI’s Sake—We’re Building It Responsibly

    Every AI innovation Employ delivers is built with watsonx.governance and backed by IBM’s leadership in responsible technology. With always-on support, verification and transparency tools embedded from the start, Employ helps teams scale responsibly and stay in control. As generative and agentic AI adoption accelerates, governance isn’t optional—it’s essential. Without it, risks like data gaps, black-box outcomes and audit failures become everyday problems.

    Brenner continued, “At the core of our AI development is a deep commitment to building technology responsibly and safely, all backed by a foundation of trusted AI you can count on. We believe that the future of AI must be shaped not just by innovation but by integrity, ensuring that every product we design reflects our values and prioritizes the well-being of users and society. From engineering to deployment, our efforts are grounded in a thoughtful approach to risk, transparency and ethical standards, because we understand that real progress can only be achieved when responsibility leads the way.”

    For more from Employ’s Chief Product Officer, Dara Brenner, about this announcement and what’s ahead for Employ, read the company’s latest blog here. To learn more about Employ’s approach to innovation, visit here.

    About Employ
    Employ delivers people-first intelligent hiring solutions that empower companies to overcome their greatest hiring challenges. From startups to Fortune 100 organizations, Employ meets companies where they are—offering tailored solutions that support everything from foundational hiring to advanced talent acquisition strategies. Employ is the only organization to offer companies choice in their hiring technology, providing three unique ATS platforms (JazzHR, Lever, and Jobvite) and AI Companions that work alongside you in your hiring journey. Our intelligent hiring suite is trusted by more than 23,000 customers, including e.l.f. Beauty, Pure Barre, Shutterfly and Spotify. For more information, visit www.employinc.com.

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Zscaler Launches New Solutions to Strengthen and Extend Zero Trust Everywhere

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 03, 2025 (GLOBE NEWSWIRE) — Zenith Live Las Vegas — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced a new suite of solutions that enable customers to quickly adopt Zero Trust Everywhere. These innovations extend the reach of true Zero Trust and enable businesses to modernize and scale securely by providing end-to-end segmentation between and inside branches and enhance security across multi-cloud environments.

    Organizations are increasingly distributed, rapidly adopting IoT, OT, and multi-cloud architectures and grappling with increasing digital complexity. Zscaler has unveiled innovative updates to the Zscaler Zero Trust Exchange™ platform, empowering businesses to extend Zero Trust Everywhere—across users, applications, devices, clouds, and branch locations. These enhancements make an organization’s branches and clouds invisible to bad actors, and eliminate the lateral movement of threats like ransomware within the organization’s network.

    With its expanded capabilities to strengthen Zero Trust Everywhere, Zscaler is advancing its cybersecurity postures, simplifying security network infrastructure, and making it easier for businesses to scale securely in today’s rapidly changing threat landscape.

    The following Zero Trust solutions—highlighted at Zenith Live 2025—are now generally available or accessible for select use cases by Zscaler customers.

    • Unified Appliance for Zero Trust Branch: Zscaler’s Zero Trust Branch redefines enterprise security and networking with a unified appliance that secures communications between branches, campuses, and factories, and segments OT and IoT devices within them including legacy OT, with no downtime. The solution also provides newly introduced disposable jumpboxes that enables contractors secure, time-bound access to critical systems. By eliminating the need for firewalls, legacy NAC, cumbersome VLAN configurations and VDI for remote access, organizations can stop lateral threat movement with unparalleled efficacy. This approach not only elevates security, but also dramatically reduces complexity and costs, empowering businesses to modernize and scale faster without compromise. Unified Appliance for Zero Trust Branch is generally available.
    • Zero Trust Gateway for Cloud Workloads: This cloud-native service on AWS enables organizations to secure communications from workload to the internet, and East-West traffic between workloads and VPCs/VNETs, in under 10 minutes without deploying agents or VMs with a Zscaler managed offering. This strengthens security in hybrid and multi-cloud environments, allowing organizations to reduce the attack surface associated with firewalls, and eliminate complexity and secure workload communications. Zero Trust Gateway is generally available.
    • Zscaler Microsegmentation for Cloud Workloads: Zscaler further extends AI-driven segmentation to cloud workloads with newly introduced host-based Microsegmentation service that provides granular host and process level segmentation policies using its AI- powered Segmentation engine for Workloads in public clouds such as AWS and Azure as well as on-premise Data Center based workloads that run on bare metal. Zscaler Workload agent provides process and workload level metrics, traffic flows as well device context, that protects crown jewels against lateral threats and compromise. Zscaler Microsegmentation is generally available.
    • Zero Trust Exchange for B2B: The introduction of B2B Exchange revolutionizes secure collaboration by providing a cutting-edge app-sharing platform for partner organizations, eliminating the need for outdated technologies like MPLS circuits or VPNs that come with complexity and the risk of oversharing. This solution accelerates seamless, secure connections between enterprises, empowering organizations to drive faster, more efficient mergers, acquisitions, and partnerships while safeguarding sensitive data. Zero Trust Exchange for B2B is available for select use cases, with extended capabilities coming soon.

    “Zscaler’s latest innovations for the Zero Trust Exchange truly extends Zero Trust Everywhere beyond users and redefines the enterprise security and networking by seamlessly unifying operations, strengthening threat defenses, and enabling secure connectivity across users, devices, applications, branches, and clouds with better visibility and experience—no matter how complex or distributed the environment,” said Dhawal Sharma, EVP Product Strategy, Zscaler. “With this expanded Zero Trust Everywhere approach, organizations can accelerate security modernization, mitigate risks, and protect data everywhere business happens.”

    Forward-Looking Statements
    This press release contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. These forward-looking statements include the expectations, beliefs, plans, and intentions relating to new innovations Zscaler is developing. Such statements include statements regarding future product capabilities and offerings and expected benefits to Zscaler and its customers. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release, including (i) delays and unexpected difficulties and expenses in executing the product capabilities and offerings and (ii) uncertainty as to whether future sales will justify the investments in the product capabilities and offerings. Additional risks and uncertainties are set forth in our most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on May 29, 2025, which is available on our website at ir.zscaler.com and on the SEC’s website at www.sec.gov. Any forward-looking statements in this release are based on the limited information currently available to Zscaler as of the date hereof, which is subject to change, and Zscaler will not necessarily update the information, even if new information becomes available in the future.

    About Zscaler
    Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange™ is the world’s largest in-line cloud security platform.

    Media Contact 
    Nick Gonzalez
    Sr. Manager, Media Relations
    press@zscaler.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Ehave Snaps Up AI Headhunter for $10M, Signaling Commitment to AI

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 03, 2025 (GLOBE NEWSWIRE) — Ehave, Inc., (OTC Pink: EHVVF) (the “Company”) today announced the acquisition of AIHeadHunter, an artificial intelligence-powered recruitment platform, through an asset purchase agreement. The transaction marks a significant step in Ehave’s strategic shift toward becoming a developer and operator of applied AI solutions.

    Under the terms of the agreement, Ehave acquired the assets of AIHeadHunter from Klizo Ventures Inc. The acquired assets include proprietary software, intellectual property, branding, domain names, and other related technologies and materials. The purchase price consists of $2.7 million in newly created Series A Convertible Preferred Stock and 100 million shares of common stock. The Preferred Stock is convertible into common shares at a rate determined by a volume-weighted average price formula and is subject to shareholder approval of an amendment to Ehave’s articles of incorporation. As a result of the transaction, Klizo Ventures Inc. will own more than 5% of Ehave’s outstanding shares and be considered an affiliate under applicable securities regulations.

    The agreement also includes performance-based earnouts of up to $7 million in additional Preferred Stock, tied to specific revenue and customer milestones.

    Ben Kaplan, CEO of Ehave, said, “This acquisition positions us to capitalize on the tremendous opportunity in workforce automation and AI-driven recruitment. Our long-term vision is to incubate and scale platforms like AIHeadHunter that solve real-world inefficiencies.”

    Since its last public update on Dec. 31, 2024, Ehave has been operating intentionally under the radar while executing a strategic realignment. Behind the scenes, the company has been focused on structuring several game-changing transactions to accelerate its evolution into a data-driven technology platform. The acquisition of AIHeadHunter marks the first in a series of planned initiatives aimed at delivering intelligent, AI-powered solutions. As Ehave transitions into a company committed to transforming the way people live and work through artificial intelligence, it remains focused on developing practical, user-centric tools that turn raw data into meaningful insights.

    “This is just the beginning,” Ben Kaplan continued. “We are rebuilding Ehave from the inside out and our process is driven by intelligent systems designed to solve real, large-scale problems.”

    A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/f88b0e8d-6997-4ac9-bfdc-da2cf6a61c2a

    AIHeadHunter Targets Recruitment Inefficiencies

    The global staffing and recruiting market, valued between $619 billion and $757 billion in 2024, is projected to exceed $2 trillion by 2033, growing at a compound annual rate of approximately 13%. Yet despite its size, the industry remains burdened by inefficiencies: the average time to fill a position is 44 days, often surpassing 60 days for high-skill roles, and the average cost per hire is $4,700, excluding onboarding and ramp-up costs. According to Klizo Solutions analysis, recruiters still spend up to 70% of their week on manual sourcing and resume screening, while 60% of job seekers abandon applications when the process is too long or complex. With Gartner forecasting that over 40% of enterprise recruiting tasks will be fully automated by 2026, platforms like AIHeadHunter are well positioned to shorten fill times, cut sourcing costs, and capture meaningful share in a rapidly growing, multibillion-dollar market.

    AIHeadHunter is designed to streamline executive recruitment and talent sourcing through automation and advanced data analysis. The platform will be powered by technology licensed from Interview Screener, a backend AI interview and resume analysis platform built by Klizo Solutions founder Joey Ricard.

    Ehave has established a wholly owned subsidiary to operate AIHeadHunter, with Ricard appointed as president. Ricard brings more than a decade of experience in building scalable AI infrastructure for Fortune 500 companies and public agencies.

    Joey Ricard, founder of Klizo Solutions and President of Ehave’s new AI subsidiary, said, “The recruiting industry is overdue for intelligent automation. With AIHeadHunter, we’re not just digitizing old processes—we’re fundamentally rethinking how talent is discovered, qualified, and delivered. This platform is built to solve real bottlenecks for recruiters and hiring teams, and we’re excited to bring it to market with Ehave.”

    “Joey is more than just a technologist—he’s a proven product visionary and operator,” Kaplan said. “He will lead roadmap development, integration and go-to-market strategy across our AI initiatives.”

    Regulatory Progress and Market Expansion

    Ehave is currently compliant with the OTC Markets’ new OTCID (OTC Issuer Data) requirements, ensuring enhanced transparency and reporting standards for investors. The company also plans to apply for uplisting to the OTCQB Venture Market, a designation that offers increased visibility and credibility with institutional and retail investors.

    Funding and Go-to-Market Plans

    Ehave intends to fund the new subsidiary using proceeds from a planned Regulation A offering, with an initial $1 million budget over 12 months. The company expects AIHeadHunter to launch its enterprise pilots and SaaS offering in the third quarter of 2025.

    About Ehave Inc.

    Ehave Inc. (OTC: EHVVF) is a data-focused technology company committed to transforming the way people live and work through artificial intelligence. With a mission to make data behave, Ehave develops practical, user-centric solutions that convert raw information into actionable insights. The company is focused on bridging the gap between cutting-edge AI advancements and their real-world applications, building tools that deliver tangible value for individuals and businesses alike. For more information, visit www.ehave.com. Follow Ehave, Inc. on X at https://x.com/Ehaveinc.

    Forward-Looking Statement Disclaimer

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements: (i) the initiation, timing, progress and results of the Company’s research, manufacturing and other development efforts; (ii) the Company’s ability to advance its products to successfully complete development and commercialization; (iii) the manufacturing, development, commercialization, and market acceptance of the Company’s products; (iv) the lack of sufficient funding to finance the product development and business operations; (v) competitive companies and technologies within the Company’s industry and introduction of competing products; (vi) the Company’s ability to establish and maintain corporate collaborations; (vii) loss of key management personnel; (viii) the scope of protection the Company is able to establish and maintain for intellectual property rights covering its products and its ability to operate its business without infringing the intellectual property rights of others; (ix) potential failure to comply with applicable health information privacy and security laws and other state and federal privacy and security laws; and (x) the difficulty of predicting actions of the USA FDA and its regulations. All forward-looking statements included in this press release are made only as of the date of this press release. The Company assumes no obligation to update any written or oral forward-looking statement unless required by law. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is contained under the heading “Risk Factors” in Ehave, Inc.’s Registration Statement on Form F-1 filed with the Securities and Exchange Commission (SEC) on September 24, 2015, as amended, which is available on the SEC’s website, http://www.sec.gov.

    For Media and Investor Relations, please contact:

    David L. Kugelman
    (866) 692-6847 Toll Free – U.S. & Canada
    (404) 281-8556 Mobile and WhatsApp
    Email: Ir@Ehave.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Apollo to Present at the Morgan Stanley 2025 US Financials Conference

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley 2025 US Financials Conference on Wednesday, June 11, 2025 at 7:30 am EDT.

    A live webcast of the event will be available on Apollo’s Investor Relations website at ir.apollo.com. For those unable to join live, a replay will be available shortly after the event.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Industry Heavyweights Join Orchid Security to Break the Bonds Holding Back IAM Innovation

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Orchid Security, the company bringing clarity to the complexity of enterprise identity security, today announced the addition of four renowned identity and access management (IAM) experts to its leadership and advisory board: Tal Herman, Darran Rolls, Karl McGuinness and Oliver Newbury. Together, they aim to help Orchid Security revolutionize the IAM landscape, an industry long constrained by the costly and time-consuming nature of manual implementation. With advances in AI, Orchid is fundamentally redesigning how enterprises consume identity – an imperative shift in today’s uncertain business environment.

    An industry whose remarkable innovation has been held back by the manual process of implementation – a time-consuming, expensive and increasingly incomplete process spanning years for each new identity technology. This fundamental redesigned approach to the way organizations consume identity is not only possible now with advances, but also imperative, given the uncertain business environment and emphasis on sound financial management at most every enterprise.

    Industry-Leading Experts Driving the Change

    Tal Herman, Chief Product Officer, Orchid Security
    With nearly two decades of experience in enterprise identity – at CA Technologies and later as a product manager at OneLogin, ForgeRock and most recently Okta – Tal Herman brings both end user and technology vendor experience to Orchid Security. At Okta, she led strategy for the Privilege Access Management (PAM) and Identity Governance and Administration (IGA) product lines, guiding strategic vision and direction for multiple product units. Across companies, Herman has brought innovative identity offerings from initial concept to reality to mainstream market adoption by millions of users.

    “What I really love about Orchid is that we tackle the hard problems first,” said Herman. “We’re using modern advances like observability, prompt engineering and LLMs to automate what has historically been a manual grind. Orchid bridges that gap by automating what was once manual and unlocking innovation across the identity stack. I am excited that identity is where it belongs – at the center of everything. There is no place other than Orchid Security that I would rather be.”

    Karl McGuinness, Orchid Advisor
    Tal is joined by former Okta colleague, Karl McGuinness, who served as their SVP and Chief Product Architect, instrumental in building the core identity services and APIs that provide the foundation of Okta identity layer ー a key force that shaped Okta into the industry leader it is today. Karl has over 15 years of experience building and scaling mission critical identity infrastructure as a developer, software architect and product owner.

    “Orchid is fundamentally changing the game,” said McGuinness. “By using AI to onboard applications with context and at scale, Orchid unlocks the massive value that’s currently unrealized in today’s IAM tools.”

    Darran Rolls, Orchid Advisor
    Former SailPoint CTO and CISO, Darran Rolls, also joins the advisory board. Rolls brings 25 years of leadership across Tivoli Systems-IBM, Waveset Technologies, Sun Microsystems and SailPoint. Darran brings unmatched depth in IAM architecture and innovation and his tenure in the IAM space has made him a fervent believer in the mantra that “you can’t manage what you don’t see.”

    “Traditional IAM is great for managing the things you know about and have brought into your program scope, but it’s the unknown-unknowns that pose the greatest risk,” said Rolls. “Orchid brings a unique perspective to the process of application discovery, prioritization, integration and remediation. By leveraging their new approach and next-gen AI-enabled capabilities, Orchid has the potential to change the way we think about identity controls and lifecycle management.”

    Oliver Newbury, Orchid Advisor
    With over 15 years as CISO and CTO at Barclays and BT, Oliver Newbury brings deep enterprise executive experience to the group. Now a Senior Advisor with TPG Capital, Newbury knows firsthand the challenge of implementing identity tools in complex global environments.

    “The great identity innovation has been held back by the greater challenge of identity implementation,” said Newbury. “Orchid is solving that challenge with automation, fully delivering on the promise of modern IAM.”

    A New Chapter for Enterprise Identity

    As enterprises face increasing pressure to do more with less, Orchid Security’s AI-driven approach to IAM offers a timely and transformative solution – one where enterprise identity can be discovered, onboarded and optimized autonomously. This shift not only streamlines operations but returns millions in prospective cost savings to the average enterprise while improving their identity security posture.

    About Orchid
    Orchid Security is an identity security orchestration platform—leveraging Open Telemetry, Prompt Engineering and Large Language Models (LLMs)—to unify and secure complex identity environments across enterprises. Founded by AI and cybersecurity experts Roy Katmor, Robert Weisman, and Ido Kelson, and backed by Intel Capital and Team8, Orchid enables large organizations to reduce the costs and effort of identity and access management (IAM), while maintaining compliance and security across their digital infrastructure. Its platform facilitates the continuous discovery of both self-hosted and SaaS applications, assessment of their native identity controls (and gaps), and remediation of compliance and cyber exposure from a single point of control—without extensive effort or application recoding.

    Media Contact
    Chloe Amante
    Montner Tech PR
    camante@montner.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Fierce Medtech Names AI Pathology Leader Proscia to 2025 Fierce 15

    Source: GlobeNewswire (MIL-OSI)

    PHILADELPHIA, June 03, 2025 (GLOBE NEWSWIRE) — Proscia®, a software company accelerating pathology’s transition to digital and AI, today announced its inclusion in Fierce Medtech’s “Fierce 15” of 2025. This annual list honors private companies making an outsized impact on healthcare. Proscia earned its spot for its AI pathology leadership across the precision medicine value chain.

    Proscia’s Concentriq® platform delivers a uniquely comprehensive approach to AI from drug discovery to diagnostics. It incorporates a portfolio of best-in-class applications, tools for building algorithms, and AI-native features into routine workflows, helping its user base of over 12,000 pathologists and scientists to drive efficiencies, identify novel biomarkers, and develop and deploy companion diagnostics. Concentriq is trusted by 16 of the top 20 pharmaceutical companies as well as major laboratories set to diagnose 32,000 patients per day on the platform this year.

    “AI in pathology is about much more than use case-specific applications and individual foundation models,” said David West, Proscia’s CEO. “We’re equipping both life sciences organizations and diagnostic laboratories to fully harness AI’s potential to rewire pathology and drive precision medicine forward. Fierce Medtech’s recognition validates the impact of our broad approach for our users and patients.”

    This honor builds on a series of high-impact milestones for Proscia. Last week, Labcorp announced it adopted Concentriq LS to accelerate clinical trials and companion diagnostic development as part of its expanded precision oncology portfolio. Proscia also recently launched Concentriq Embeddings to accelerate AI development with foundation models, demonstrating a 13x efficiency gain. Additionally, the company introduced a real-world data offering enabling data scientists to leverage over 10 million pathology images with associated clinical and genomic data to fuel their AI algorithms.

    Proscia is continuing to accelerate its momentum. In March, the company announced $50M in funding led by Insight Partners to increasingly weave AI into Concentriq’s core and drive its commercial growth. The company is also adding to the 120+ research and diagnostic applications already available on the platform through its precision medicine AI portfolio.

    Proscia will demonstrate the accessibility of its AI development tools at the Digital Pathology & AI Congress in its hometown of Philadelphia. On June 4, it will host a pre-conference workshop where participants can build functional AI applications in under two hours without programming experience. Learn more about ‘From Pixels to Insight’ and register to attend here.

    View the full Fierce 15 list here.

    About Proscia
    Proscia is a software company accelerating pathology’s transition to a digital, data-driven discipline and enabling AI to advance precision medicine. Its Concentriq enterprise pathology platform, precision medicine AI portfolio, and real-world data fuel the development and use of novel therapies and diagnostics to drive the fight against humanity’s most challenging diseases, like cancer. 16 of the top 20 pharmaceutical companies and a global network of diagnostic laboratories rely on Proscia’s solutions each day. The company has FDA 510(k) clearance and CE-IVDR certification for its diagnostic software. For more information, visit proscia.com, and follow Proscia on LinkedIn and X.

    Contact:
    Sydney Fenkell
    VP, Marketing Communications
    sydney@proscia.com
    215.816.3436

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Genesis Brings Roadshow Tracking to Bond Deal Solution

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) — Genesis Global, the AI-native application development platform purpose-built for financial markets organizations, added bond deal Roadshow tracking tools to its Primary Bond Issuance (PBI) solution.

    According to Coalition Greenwich, 65% of institutional investors use roadshow data to evaluate deals before they formally enter the market, particularly for high-yield and emerging markets bond deals. With the new Roadshow functionality, PBI provides data management and workflow tools for the entire bond deal lifecycle.

    “Bringing roadshow data into a collaborative, repeatable investment process enables asset managers to get ahead of the market,” said Mike Grogan, Buyside Business Development Director at Genesis Global. “Our solution reduces the pressure asset managers face on pricing days, because investment teams can do their analysis and prepare orders in advance and then simply amend them, if needed, when deals launch.”

    PBI provides asset managers with a complete, real-time view of the market by aggregating users’ internal and external deal data sources. It automates investment workflow by integrating compliance, analytics, reference data and order systems into a deal-focused workspace. The solution also embeds collaboration tools to promote efficient, team-driven decision making.

    The new Roadshow features in PBI enable asset managers to:

    • Manage entire deal pipelines, from roadshow to pricing, with one platform
    • Consolidate deal information, documents and other issuer data
    • Alert investment team members about roadshow activity
    • Bring unstructured data from emails and chats into the system with Genesis AI tools
    • Facilitate internal book building for early interest communication to syndicates

    “PBI gives asset managers an edge by presenting a complete, real-time view of the market, integrating the systems investment teams use and promoting efficient decision-making,” continued Mike Grogan. “Streamlining how firms operate in primary markets helps them maintain focus on their investment process and on assessing relative value, especially on busy deal days, which stretch the capacity of investment teams.”

    About Genesis Global
    Genesis Global enables financial markets organizations to innovate at speed through its AI-native software application development platform and deep expertise in capital markets and financial services. In supercharging developers and non-technical domain experts to rapidly deliver high-performance, resilient and secure applications, Genesis replaces the buy vs. build challenge with a buy-to-build solution.

    The Genesis platform is designed with flexibility and performance at its core, providing the frameworks, integrations and components required to automate manual workflows, enhance legacy systems and build entirely new applications. Featuring a resilient, real-time service-oriented architecture, Genesis excels across the performance envelope of low-latency, high-throughput and high-scalability, powering mission-critical applications at the world’s leading financial institutions.​

    Strategically backed by Bank of America, BNY and Citi, Genesis Global has offices in London, New York, Miami, Charlotte, São Paulo, Dublin and Bengaluru.

    Media contact:
    Alex Paidas, Corporate Communications, Genesis Global
    alex.paidas@genesis.global    +1 646 246 4889

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Zscaler Unveils Cutting-Edge AI Innovations to Stop Attacks, Protect Sensitive Data, and Enable Businesses to Embrace AI Securely

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 03, 2025 (GLOBE NEWSWIRE) — Zenith Live Las Vegas — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced advanced artificial intelligence (AI) security capabilities and new AI-powered innovations to enhance data security and stop cyberattacks. These advancements address critical challenges for businesses adopting AI, including safeguarding proprietary information and maintaining regulatory compliance.

    As organizations adapt to the era of artificial intelligence, Zscaler is enabling businesses to adopt advanced AI technologies securely and at scale. The Zscaler platform securely connects users, devices, and data across distributed environments, leveraging the world’s largest inline security cloud—processing over 500 trillion security signals every day. This unparalleled real-world telemetry powers Zscaler’s AI engines, delivering highly accurate threat detection and effective automated security.

    Zscaler’s latest AI-focused solutions address the complexities associated with deploying advanced AI tools in large, distributed environments. The new capabilities drive precision, automate threat neutralization, and power frictionless collaboration by harnessing the power of AI to unify users, applications, devices, clouds, and branches.

    The following solutions—showcased during Zenith Live 2025—are available for Zscaler customers to accelerate secure, AI-driven innovation:

    • AI-powered Data Security Classification: Zscaler’s newest AI-powered data security classification brings human-like intuition to identifying sensitive content, now including more than 200 categories, allowing advanced classifications that find new and unexpected sensitive data beyond traditional regex-based signature detection. As a result, organizations can get very granular data security posture assessment in a fraction of the time.
    • Enhanced Generative AI Protections with Expanded Prompt Visibility: Zscaler delivers greater visibility and control over GenAI applications, including Microsoft CoPilot, by enabling advanced prompt classification and inspection. Organizations can block prompts that violate policies and leverage existing DLP capabilities to safeguard sensitive data and ensure compliance across AI-powered workflows.
    • AI-Powered Segmentation: Enhancements include the first purpose-built user-to-application segmentation AI automation engine to now simplify app management, app grouping and segmentation workflows with user identity built in. This capability significantly accelerates the segmentation workflow to rapidly improve an organization’s security posture.
    • Zscaler Digital Experience (ZDX) Network Intelligence: Powered with AI, Network Operations can now instantly benchmark and visualize internet and regional ISP performance, correlating last-mile and intermediate ISP outages with multi-path flow analysis to optimize connections to Zscaler data centers and applications, ensuring greater reliability and improved performance. Additionally, network operations teams can also proactively detect, isolate, and analyze trends for disruptive ISP issues, such as packet loss impacting users, enabling faster remediation through rerouting, and cost savings via better ISP negotiations.

    “Zscaler is redesigning the boundaries of enterprise security by advancing AI-driven innovations that address the complex challenges of today’s digital age,” said Adam Geller, Chief Product Officer, Zscaler. “With industry-first capabilities like AI-driven threat detection and automated segmentation, we empower organizations to adopt and scale AI responsibly and securely. These advancements not only neutralize emerging threats but accelerate collaboration and operational efficiency, allowing businesses to capitalize on the transformative power of AI with confidence and precision.”

    Forward-Looking Statements
    This press release contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. These forward-looking statements include the expectations, beliefs, plans, and intentions relating to new innovations Zscaler is developing. Such statements include statements regarding future product capabilities and offerings and expected benefits to Zscaler and its customers. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release, including (i) delays and unexpected difficulties and expenses in executing the product capabilities and offerings, (ii) changes in the regulatory landscape related to AI and (iii) uncertainty as to whether future sales will justify the investments in the product capabilities and offerings. Additional risks and uncertainties are set forth in our most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on May 29, 2025, which is available on our website at ir.zscaler.com and on the SEC’s website at www.sec.gov. Any forward-looking statements in this release are based on the limited information currently available to Zscaler as of the date hereof, which is subject to change, and Zscaler will not necessarily update the information, even if new information becomes available in the future.

    About Zscaler
    Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange™ is the world’s largest in-line cloud security platform.

    Media Contact
    Nick Gonzalez
    Sr. Manager, Media Relations
    press@zscaler.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI: MARA Announces Bitcoin Production and Mining Operation Updates for May 2025

    Source: GlobeNewswire (MIL-OSI)

    Record High 282 Blocks Earned in May, 38% Increase M/M
    950 Bitcoin Produced, 35% Increase M/M
    Increased BTC Holdings* to 49,179 BTC

    Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) — MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin mining, to monetize excess energy and optimize power management, today published unaudited bitcoin (“bitcoin” or “BTC”) production updates for May 2025.

    Management Commentary

    “May was a record-breaking month for MARA with 282 blocks won, a 38% increase over April and a new monthly high,” said Fred Thiel, MARA’s chairman and CEO. “Our total bitcoin holdings surpassed 49,000 BTC during May and the 950 bitcoin produced were the most since the halving event in April 2024.

    “Our fully integrated tech stack is a key differentiator, and MARA Pool is the only self-owned and operated mining pool among public miners, offering greater control and efficiency. Operating our pool means no fees to external operators and retention of the full value of block rewards. Production in May also benefitted from block reward luck. Since launch, MARA Pool’s block reward luck has outperformed the network average by over 10%, contributing to our industry-leading block production.

    “We remain laser-focused on transforming MARA into a vertically integrated digital energy and infrastructure company. We believe this model gives us tighter operational control, improves cost-efficiency, and makes us more resilient to shifts in the broader economy.”

    Operational Highlights and Updates

    Figure 1: Operational Highlights

        Prior Month Comparison  
    Metric   5/31/2025     4/30/2025     % Δ  
    Number of Blocks Won 1     282       205       38 %
    BTC Produced     950       705       35 %
    Average BTC Produced per Day     30.7       23.5       31 %
    Share of available miner rewards 2     6.5 %     5.1 %     NM  
    Transaction Fees as % of Total 1     1.5 %     1.3 %     NM  
    Energized Hashrate (EH/s) 1     58.3       57.3       2.0 %
                             
    1. These metrics are MARAPool only and do not include blocks won from joint ventures.
    2. Defined as the total amount of block rewards including transaction fees that MARA earned during the period divided by the total amount of block rewards and transaction fees awarded by the Bitcoin network during the period.

    NM – Not Meaningful

    As of May 31, 2025, the Company held a total of 49,179 BTC*. MARA opted not to sell any BTC in May.

    *Includes loaned and collateralized bitcoin

    Investor Notice
    Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under the heading “Risk Factors” in our most recent annual report on Form 10-K and any other periodic reports that we may file with the U.S. Securities and Exchange Commission (the “SEC”). If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See “Forward-Looking Statements” below.

    The operational highlights and updates presented in this press release pertain solely to our BTC mining operations. Detailed information regarding our other operations can be found in our periodic reports filed with the SEC.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words “may,” “will,” “could,” “anticipate,” “expect,” “intend,” “believe,” “continue,” “target” and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such forward-looking statements include, among other things, statements related to the expected benefits of MARA’s transformation into a vertically integrated digital energy and infrastructure company. Such forward-looking statements are based on management’s current expectations about future events as of the date hereof and involve many risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Subsequent events and developments, including actual results or changes in our assumptions, may cause our views to change. We do not undertake to update our forward-looking statements except to the extent required by applicable law. Readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements included herein are expressly qualified in their entirety by these cautionary statements. Our actual results and outcomes could differ materially from those included in these forward-looking statements as a result of various factors, including, but not limited to, the factors set forth under the heading “Risk Factors” in our most recent annual report on Form 10-K, and any other periodic reports that we may file with the SEC.

    About MARA

    MARA (NASDAQ:MARA) is a global leader in digital asset compute that develops and deploys innovative technologies to build a more sustainable and inclusive future. MARA secures the world’s preeminent blockchain ledger and supports the energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value.

    For more information, visit www.mara.com, or follow us on:

    Twitter: @MARAHoldings
    LinkedIn: www.linkedin.com/company/maraholdings
    Facebook: www.facebook.com/MARAHoldings
    Instagram: @maraholdingsinc

    MARA Company Contact:
    Telephone: 800-804-1690
    Email: ir@mara.com

    MARA Media Contact:
    Email: marathon@wachsman.com

    The MIL Network –

    June 4, 2025
  • MIL-OSI: Tesonet invests in Lithuanian SportsTech startup FPRO

    Source: GlobeNewswire (MIL-OSI)

    Tesonet is investing €2 million in the Lithuanian SportsTech startup FPRO. This is FPRO’s first round of outside investment, marking a new phase in its development. The funds will help the startup to leverage smart tech solutions to expand professional training opportunities in youth football worldwide.

    A made-in-Lithuania solution for the global football market

    FPRO is a SportsTech startup that is developing innovative football training solutions for children. Working in collaboration with UEFA-certified coaches and experts in sports science, FPRO has devised a unique interactive app for children ages 6 through 12. The app is designed to improve their technique, coordination and ball control skills.

    Having founded the Football Pro Academy back in 2018, founders Ernestas Pilypas, Darius Jankauskas, and Vilius Petkevičius were forced to move operations online during the pandemic. This was the impetus behind the development of their digital product, which was released in 2022. The platform’s user base currently consists of 140,000+ children from the UK, Germany, the US, and other countries. Most of the company’s revenue comes from sales outside of their home market.

    “Football is the most popular sport in the world, but the market is currently short on qualified coaches. We wanted to create a solution that would be accessible to everyone, regardless of their financial means or location. FPRO fills this gap by offering young athletes an accessible, tech-driven method geared towards raising their physical fitness and developing their personalities in a comprehensive way. It helps to build their self-confidence, discipline, and passion for football through a focused and personalised coaching process. We see Tesonet’s investment as confirmation that we’re on the right track,” said Vilius Petkevičius, co-founder of FPRO.

    Ambitious partnership for innovation in children’s sports

    “The sports technology market has enormous potential, and football unites billions of people worldwide. Given our substantial experience with SportsTech, the latest investment reflects our strategy to expand the sports innovation ecosystem while strengthening the community both in Lithuania and globally. This is a profitable and growing startup with a broad user base, an unstoppable team, and founders who are experts in their field. It’s a perfect combination, and one that mirrors our own values,” commented Tomas Okmanas, co-founder of Tesonet.

    Tesonet co-founder Eimantas Sabaliauskas added: “When making a decision to invest, we consider not only market potential, but also a given team’s vision and ability to solve real problems on a global scale. FPRO has created a strong product, and our goal as investors is to help them not just financially but also in terms of strategy. We see clear synergies where our contribution could help them optimise business processes, develop new revenue streams, expand their user base, and further accelerate growth internationally.”

    Another SportsTech investment in Tesonet’s portfolio

    This is not our first venture in the sports vertical. In 2022, we acquired shares in BC Žalgiris Kaunas, helping the basketball club with its digital transformation and commercial expansion. Then in 2024, we invested in basketball club BC London Lions, aiming to promote the development of young talent and bolster the club’s competitiveness internationally.

    ABOUT TESONET:

    Tesonet is one of the largest venture builders and investors in the Baltic States. It houses globally recognized companies such as joint cybersecurity powerhouse Nord Security and Surfshark, a market-leading web intelligence collection platform Oxylabs, the fastest-growing brand among hosting providers Hostinger, nexos.ai – an AI orchestration platform, and others.

    With over 3,500 in-house talents and a fully developed infrastructure, Tesonet supports, funds, and scales businesses globally. Since 2018, Tesonet has extended its reach by investing in successful ventures like Hostinger, Cast AI, Eneba, BC Žalgiris, London Lions, Artea, Zapp, Turing College, and others.

    Tesonet is known for its innovative ecosystem and strong infrastructure, which support product development, testing, and global growth. The company is dedicated to advancing technological innovation and helping grow the broader ecosystem.

    ABOUT FPRO:

    FPRO is a sports technology startup dedicated to developing innovative training solutions for children’s football. Collaborating with UEFA-certified coaches and sports university experts, FPRO has created a unique interactive mobile app designed to help children aged 6–12 improve their technique, coordination, and ball control skills.Currently, the platform is being used by over 140,000 children across the United Kingdom, Germany, the United States, and other countries.

    The MIL Network –

    June 4, 2025
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