NewzIntel.com

Category: Artificial Intelligence

  • MIL-OSI: Radware Expands its Threat Intelligence Services

    Source: GlobeNewswire (MIL-OSI)

    MAHWAH, N.J., June 02, 2025 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced it has expanded its Threat Intelligence Services with the launch of its Telegram Claimed Attacks Report and TLS Fingerprint Reputation Feed. The subscription-based cloud services work in real-time to provide global threat intelligence and visibility so security teams can anticipate and neutralize emerging cyber threats before they materialize. In the face of escalating cyberthreats, they offer additional preemptive protection to strengthen cyber defenses and improve security posture with minimal operational effort.

    “Our new TLS Fingerprint Reputation Feed and Telegram Claimed Attacks Report are part of our comprehensive, multi-layered approach to cyber security and threat management,” said Gabi Malka, chief operating officer at Radware. “They are like an advanced warning system designed to help already time-strapped security teams stay ahead of cyber threats. The new capabilities deliver real-time, high-value insights into attackers, their motivations and methods so security teams can take proactive, decisive action on threats before they happen and maintain an airtight security posture.”

    Telegram Claimed Attacks Report
    Radware’s Telegram Claimed Attacks Report, the latest addition to the company’s Cloud Threat Intelligence Service, offers real-time visibility into cyber threats targeting specific regions or industry verticals. This new open-source intelligence (OSINT) based report aggregates claims made by hacker groups on Telegram, presenting them with supporting evidence. Key features include:

    • Timely insights: Offers real-time visibility into emerging threats for swift decision-making.
    • Proactive threat management: Helps security operation center teams anticipate attacks or address attacks happening in real-time.
    • Intuitive dashboards: Presents refreshed data every 15 minutes via user friendly interfaces and offers easy filtering of specific data by industry geography and attacking group.

    TLS Fingerprint Reputation Feed
    To prevent malicious actors from entering a system, Radware’s TLS Fingerprint Reputation Feed proactively identifies and blocks malicious TLS fingerprints by leveraging advanced analytics and global threat intelligence correlated across Radware’s cloud network. The feed, which is an enhancement to Radware’s industry leading DDoS Protection, includes:

    • Global data correlation: Offers access to a globally sourced, continuously updated feed of high-risk TLS fingerprints.
    • Automated mitigation: Dynamically blocks known malicious TLS fingerprints at the handshake level.
    • Smart learning and configurability: Customizes scoring models and defines thresholds by severity.
    • Seamless visibility: Monitors blocked fingerprints and policy impact through a user-friendly dashboard.

    Radware has received numerous awards and recognitions for its application and network security solutions from industry analysts, including Aite-Novarica Group, Forrester, GigaOm, Gartner, KuppingerCole, and QKS Group.

    About Radware
    Radware® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website.

    Radware encourages you to join our community and follow us on: Facebook, LinkedIn, Radware Blog, X, and YouTube.

    ©2025 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents, and pending patent applications of Radware in the U.S. and other countries. For more details, please see: https://www.radware.com/LegalNotice/. All other trademarks and names are property of their respective owners.

    Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.

    The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release.

    Safe Harbor Statement
    This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.” For example, when we say in this press release that the new capabilities deliver insights into attackers, their motivations and methods so security teams can take proactive, decisive action on threats before they happen, we are using forward-looking statements. Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, tensions between China and Taiwan, financial and credit market fluctuations (including elevated interest rates), impacts from tariffs or other trade restrictions, inflation, and the potential for regional or global recessions; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia’s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cybersecurity and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, or if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; our use of AI technologies that present regulatory, litigation, and reputational risks; risks related to the fact that our products must interoperate with operating systems, software applications and hardware that are developed by others; outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns; our net losses in the past and the possibility that we may incur losses in the future; a slowdown in the growth of the cybersecurity and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; complications with the design or implementation of our new enterprise resource planning (“ERP”) system; our reliance on information technology systems; our ESG disclosures and initiatives; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

    Media Contact:
    Gerri Dyrek
    Radware
    Gerri.Dyrek@radware.com

    The MIL Network –

  • MIL-OSI: Stomp Into Some Prehistoric Learning! Lingokids and BBC Earth Launch New Walking With Dinosaurs Lesson to Bring a Love of Dinosaurs to a New Generation

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 02, 2025 (GLOBE NEWSWIRE) — Get ready to dig, discover, and roar with excitement. Lingokids and BBC Earth are launching an exclusive Walking with Dinosaurs Lesson in the Lingokids app just in time for Dinosaur Day and the premiere of the latest landmark series from BBC Studios’ Science Unit Walking with Dinosaurs later this month in the US. This playful new learning experience is made for families with young kids who want to keep the dino-discovery going long after the credits roll.

    More than just a passive activity, the Lingokids Dinosaur Lesson is a journey through time where kids don’t just learn about dinosaurs—they stomp through their world. This action-packed adventure invites kids to explore the age of dinosaurs through interactive instruction, hands-on games, and exciting challenges. Each unit in the multi-lesson curriculum is packed with play-based learning moments that teach kids about paleontology, dinosaur diets, habitats, and even big-picture concepts like extinction and fossilization. Kids will dig for fossils, match footprints, hatch eggs, and unlock secrets from millions of years ago—all while reinforcing real-life scientific knowledge.

    “We all know that kids are entertained by dinosaurs, and, through a Lingokids study in collaboration with University of Central Lancashire, we know that when kids are entertained, they learn more, faster,” said Lingokids Founder & CEO Cristóbal Viedma. “This collaboration with BBC Earth lets us bring that spark to life in a way that’s fun, active, and educational. Together, we’re giving families a way to keep exploring their favorite prehistoric creatures long after the show ends.”

    The new Walking with Dinosaurs series is a revival of the iconic and award-winning BBC series that first premiered in 1999. And now Lingokids is bringing the prehistoric era to life in a new way for a new generation. But don’t worry—this isn’t homework disguised as fun. It is fun. The Dinosaur Lesson was built around Lingokids’ core belief that kids learn best through play. It’s not a chore—it’s an epic mission. Each activity is carefully designed to boost curiosity and build confidence, while keeping kids engaged, giggling, and coming back for more.

    “Given the huge popularity of dinosaurs among younger audiences, we know families will be coming together to watch Walking With Dinosaurs,” said Monica Hayes, VP Content Marketing, at BBC Studios. “That’s why we’re excited to partner with Lingokids to give families a chance to go beyond the TV screen and continue the adventure through interactive learning. Who knows, we might even inspire the next generation of paleontologists!”

    Walking with Dinosaurs is now available in the UK and will be available in the US on June 16, 2025 on PBS. So grab your explorer hats—this is one journey your little learners won’t want to miss.

    About Lingokids

    Lingokids is an EdTech and media company behind the #1 interactive app for kids aged 2-8.

    With more than 165M+ downloads around the world, the Lingokids app is packed with thousands of shows, songs and interactive games kids love—all fun, safe and educational.

    Its unique Playlearning™ methodology puts kids at the center of the Lingokids universe. As they explore, they’ll pick up academic knowledge and modern life skills in a safe, age-appropriate, ad-free environment designed for independent exploration. For more information, please visit www.lingokids.com.

    About BBC Studios

    The main commercial arm of BBC Commercial Ltd, BBC Studios generated revenues in the last year of £1.8 billion and a third consecutive year of profits of over £200 million. Able to take an idea seamlessly from thought to screen and beyond, the business is built on two operating areas: the Content Studio, which produces, invests and distributes content globally and Media & Streaming, with BBC branded channels, services including bbc.com and BritBox International and joint ventures in the UK and internationally. The business made more than 2,800 hours of award-winning British programmes last year for a wide selection of public service and commercial broadcasters and platforms, both in the UK and across the globe. Its content is internationally recognised across a broad range of genres and specialisms, and includes world-famous brands like Strictly Come Dancing/Dancing with the Stars, the Planet series, Bluey and Doctor Who.

    BBC Studios | Website | Press Office | Twitter | LinkedIn | Instagram |

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e690af33-9b40-440a-9d3c-4948c97ae2bc

    The MIL Network –

  • MIL-OSI: Liquidia Schedules First Commercial Shipment of YUTREPIA™ (treprostinil) Inhalation Powder for Patients with PAH and PH-ILD

    Source: GlobeNewswire (MIL-OSI)

    • YUTREPIA now available to be prescribed to patients via specialty pharmacies
    • FDA approved YUTREPIA on May 23, 2025
    • Court denies United Therapeutics’ request for preliminary injunction and a temporary restraining order, clearing the path for full commercial launch

    MORRISVILLE, N.C., June 02, 2025 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA), a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease, today announced that Liquidia is scheduled to make its first commercial shipment of YUTREPIA™ (treprostinil) inhalation powder, marking the first time YUTREPIA will be available to be prescribed to patients at specialty pharmacies. This milestone was achieved only five business days following the U.S. Food and Drug Administration (FDA) approval of YUTREPIA on May 23, 2025, for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD).

    Dr. Roger Jeffs, CEO, Liquidia said: “We have moved with exceptional speed to provide a new and differentiated therapeutic alternative to the marketplace. In just over one week, our sales force hit the ground running with the promotion of YUTREPIA, the product was listed with compendia, and commercial product was shipped to specialty pharmacies. This extraordinary pace is a direct result of our rigorous preparation and the strategic urgency driving our desire to provide patients immediate access to the unique attributes of YUTREPIA as we look to position it as the prostacyclin of first choice for patients with PAH and PH-ILD.”

    On May 30, 2025, the U.S. District Court for the Middle District of North Carolina denied United Therapeutics’ (UTHR) request for a preliminary injunction and a temporary restraining order in its complaint filed against Liquidia (Case No. 1:25-cv-00368) alleging infringement of U.S. Patent No. 11,357,782 (the ‘782 patent). UTHR sought to enjoin Liquidia from commercializing YUTREPIA for the treatment of patients with PAH and PH-ILD. The Court denied the request, in part, based on its conclusion that UTHR is not likely to succeed on the merits of its claims. Liquidia has also filed a motion to dismiss, stay or transfer UTHR’s claims regarding the ‘782 patent. That motion remains pending with the Court. With this denial, UTHR no longer has any motions pending that seek emergency relief to enjoin the launch of YUTREPIA.

    About Pulmonary Arterial Hypertension (PAH)
    Pulmonary arterial hypertension (PAH) is a rare, chronic, progressive disease caused by narrowing, thickening or stiffening of the pulmonary arteries that can lead to right heart failure and eventually death. Currently, an estimated 45,000 patients are diagnosed and treated in the United States. There is currently no cure for PAH, so the goals of existing treatments are to alleviate symptoms, maintain or improve functional class, delay disease progression, and improve quality of life.

    About Pulmonary Hypertension Associated with Interstitial Lung Disease (PH-ILD)
    Pulmonary hypertension (PH) associated with interstitial lung disease (ILD) includes a diverse collection of up to 200 different pulmonary diseases, including interstitial pulmonary fibrosis, chronic hypersensitivity pneumonitis, connective tissue disease-related ILD, and chronic pulmonary fibrosis with emphysema (CPFE) among others. Any level of PH in ILD patients is associated with poor 3-year survival. A current estimate of PH-ILD prevalence in the United States is greater than 60,000 patients, though population size in many of these underlying ILD diseases is not yet known due to factors including underdiagnosis and lack of approved treatments until March 2021, when inhaled treprostinil was first approved for this indication.

    About YUTREPIA™ (treprostinil) Inhalation Powder
    YUTREPIA is an inhaled dry-powder formulation of treprostinil delivered through a convenient, low-effort, palm-sized device. YUTREPIA was designed using Liquidia’s PRINT® technology, which enables the development of drug particles that are precise and uniform in size, shape and composition, and that are engineered for enhanced deposition in the lung following oral inhalation. Liquidia has completed the INSPIRE trial (NCT03399604), or Investigation of the Safety and Pharmacology of Dry Powder Inhalation of Treprostinil, an open-label, multi-center phase 3 clinical study of YUTREPIA in patients diagnosed with PAH who are naïve to inhaled treprostinil or who are transitioning from Tyvaso® (nebulized treprostinil). YUTREPIA is currently being studied in the ASCENT trial (NCT06129240), or An Open-Label ProSpective MultiCENTer Study to Evaluate Safety and Tolerability of Dry Powder Inhaled Treprostinil in PH, with the objective of informing YUTREPIA’s dosing and tolerability profile in patients with PH-ILD. YUTREPIA was previously referred to as LIQ861 in investigational studies.

    INDICATION
    YUTREPIA (treprostinil) inhalation powder is a prostacyclin analog indicated for the treatment of:

    • Pulmonary arterial hypertension (PAH; WHO Group 1) to improve exercise ability. Studies establishing effectiveness predominately included patients with NYHA Functional Class III symptoms and etiologies of idiopathic or heritable PAH (56%) or PAH associated with connective tissue diseases (33%).
    • Pulmonary hypertension associated with interstitial lung disease (PH-ILD; WHO Group 3) to improve exercise ability. The study establishing effectiveness predominately included patients with etiologies of idiopathic interstitial pneumonia (IIP) (45%) inclusive of idiopathic pulmonary fibrosis (IPF), combined pulmonary fibrosis and emphysema (CPFE) (25%), and WHO Group 3 connective tissue disease (22%).

    SELECTED SAFETY INFORMATION: WARNINGS AND PRECAUTIONS

    • Treprostinil is a pulmonary and systemic vasodilator. In patients with low systemic arterial pressure, treatment with Treprostinil may produce symptomatic hypotension.
    • Treprostinil inhibits platelet aggregation and increases the risk of bleeding.
    • Co-administration of a cytochrome P450 (CYP) 2C8 enzyme inhibitor (e.g., gemfibrozil) may increase exposure (both Cmax and AUC) to treprostinil. Co-administration of a CYP2C8 enzyme inducer (e.g., rifampin) may decrease exposure to treprostinil. Increased exposure is likely to increase adverse events associated with treprostinil administration, whereas decreased exposure is likely to reduce clinical effectiveness.
    • Like other inhaled prostaglandins, YUTREPIA may cause acute bronchospasm. Patients with asthma or chronic obstructive pulmonary disease (COPD), or other bronchial hyperreactivity, are at increased risk for bronchospasm. Ensure that such patients are treated optimally for reactive airway disease prior to and during treatment.
    • Most common adverse reactions with YUTREPIA (≥10%) are cough, headache, throat irritation and dizziness.

    Prescribing Information and Instructions for Use for YUTREPIA (treprostinil) inhalation powder are available at YUTREPIA.com.  

    About Liquidia Corporation
    Liquidia Corporation is a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease. The company’s current focus spans the development and commercialization of products in pulmonary hypertension and other applications of its proprietary PRINT® Technology. PRINT enabled the creation of YUTREPIA™ (treprostinil) inhalation powder, a drug that has been approved for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PHILD). The company is also developing L606, an investigational sustained-release formulation of treprostinil administered twice-daily with a next-generation nebulizer and currently markets generic Treprostinil Injection for the treatment of PAH. To learn more about Liquidia, please visit www.liquidia.com.

    Cautionary Statements Regarding Forward-Looking Statements 
    This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical facts, including statements regarding our future results of operations and financial position, our strategic and financial initiatives, our business strategy and plans and our objectives for future operations, are forward-looking statements. Such forward-looking statements, including statements regarding clinical trials, clinical studies and other clinical work (including the funding therefor, anticipated patient enrollment, safety data, study data, trial outcomes, timing or associated costs), regulatory applications and related submission contents and timelines; our ability to successfully commercialize our products, including YUTREPIA, for which we obtain FDA or other regulatory authority approval; the acceptance by the market of our products, including YUTREPIA, and their potential pricing and/or reimbursement by third-party payors, if approved (in the case of our product candidates) and whether such acceptance is sufficient to support continued commercialization or development of our products; the successful development or commercialization of our products, including YUTREPIA; our revenue from product sales and whether or not we may become profitable in the near term, or at all; future competitive or other market factors that may adversely affect the commercial potential for YUTREPIA; and our ability to execute on our strategic or financial initiatives, involve significant risks and uncertainties and actual results could differ materially from those expressed or implied herein. Despite the approval of YUTREPIA by the FDA, it is possible that commercialization of YUTREPIA may be blocked or delayed in connection with legal proceedings that have been initiated or that may in the future be initiated, or we may be required to pay damages, including royalties, in connection with our commercial launch, as a result of these legal proceedings. The denial of the motion for temporary restraining order and preliminary injunction in United Therapeutics’ lawsuit against Liquidia in the U.S. District Court for the Middle District of North Carolina does not conclude the lawsuit and is not determinative of the final outcome of the lawsuit. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “would,” and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely 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, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of risks discussed in our filings with the SEC, as well as a number of uncertainties and assumptions. Moreover, we operate in a very competitive and rapidly changing environment and our industry has inherent risks. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that these goals will be achieved, and we undertake no duty to update our goals or to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

    Company Contacts

    Investors:
    Jason Adair
    Chief Business Officer
    919.328.4350
    jason.adair@liquidia.com

    Media Inquiries:
    Patrick Wallace
    Director, Corporate Communications
    919.328.4383
    patrick.wallace@liquidia.com

    The MIL Network –

  • MIL-OSI: Hyperscale Data Reports $219 Million in Assets at End of Q1 2025, Sells Minority Stake in Private Pharmaceutical Company for $4.65 Million as Part of Company Streamlining

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 02, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced the sale of its minority equity interest in a privately held pharmaceutical company for gross proceeds of $4.65 million in cash.   Hyperscale Data purchased the equity position for $1.5 million in several closings between three and four years ago.

    This transaction is consistent with the Company’s ongoing strategy to exit non-core investments and concentrate capital and resources on its primary asset—a 617,000 square foot data center located in Michigan, which is being developed to support high-performance computing (“HPC”) workloads, including artificial intelligence (“AI”) applications.

    “As we streamline our operations and sharpen our focus, this sale demonstrates our commitment to unlocking value and deploying capital where we believe we have the greatest long-term opportunity,” said William B. Horne, Chief Executive Officer of Hyperscale Data. “We are firmly focused on developing our Michigan data center to meet the accelerating demand for AI infrastructure.”

    In February 2025, the Company announced that its indirect, wholly owned subsidiary Alliance Cloud Services, LLC (“ACS”) had reached an agreement in principle with its primary local utility to expand the Michigan facility’s available power from approximately 30 megawatts (“MW”) to 300 MW. The completion of this power upgrade is anticipated to take 44 months from execution of a formal letter of authorization between ACS and the utility, which is currently being negotiated.   In addition, the Company also announced that ACS has reached an agreement in principle with the local natural gas utility to provide an additional 40 MW. The project is expected to be completed within 18 months of the execution of definitive agreements. Combined, this expansion would bring the total expected power capacity of the data center to approximately 340 MW, positioning Hyperscale Data to host large-scale AI and HPC workloads.

    The completion of the power upgrades is subject to a number of risks and uncertainties, one or more which could result in the project being curtailed, delayed or terminated, including, but not limited to: failure to agree upon terms and execute definitive agreements; the inability of the Company or ACS to raise sufficient funds to pay for the power upgrades; failure to obtain regulatory consents and approvals; the inability to obtain sufficient easements, rights-of-way and land rights necessary to the work to be performed, and other presently unforeseen events or conditions.

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

  • MIL-OSI Video: Killer Robots: Can We Stop Autonomous Weapons? | United Nations

    Source: United Nations (Video News)

    Lethal autonomous weapon systems — AI-powered machines that can select and kill targets without human oversight — are no longer science fiction. This eye-opening explainer breaks down the risks of killer robots and why the United Nations is calling for a global ban.

    Featuring UN Under-Secretary-General Izumi Nakamitsu, Mary Wareham (Human Rights Watch), Nicole van Rooijen (Stop Killer Robots), and Thompson Chengeta (AI & Human Rights Expert) we explore:

    What autonomous weapons really are
    How they could change the future of warfare
    Why they risk violating human rights and humanitarian law
    The push for a legally binding treaty

    This is not just about technology. It’s about the future of warfare—and who gets to decide who lives or dies. With momentum building and lives at stake, the world faces a critical decision: How do we control AI weapons?

    Chapters:

    00:00 – Intro: Killer drones and UAVs
    01:40 – What are lethal autonomous weapons?
    03:16 – AI-enabled weapons and decision making
    04:27 – International Humanitarian Law
    06:07 – A new framework: Prohibition & Regulation

    https://www.youtube.com/watch?v=VqCMkXftDx8

    MIL OSI Video –

  • MIL-OSI Global: Africa’s new credit rating agency could change the rules of the game. Here’s how

    Source: The Conversation – Africa – By Daniel Cash, Reader in Law, Aston University

    For governments, a credit rating is more than a financial signal. It is a verdict that can influence the cost of borrowing, access to markets and, ultimately, the ability to provide for their citizens.

    Rating decisions are made behind closed doors in a private process that isn’t open to assessment or scrutiny.

    For African countries, this opacity can be especially damaging. When rating decisions lack transparency, it’s impossible to challenge potential biases or inconsistencies in methodology that put developing economies at a disadvantage. The result is higher borrowing costs that drain resources from healthcare, education and infrastructure investment.

    Africa’s new credit rating agency has the chance to change this. The African Credit Rating Agency is an initiative under development by the African Union and its partners. It is more than a new entrant; it is an attempt to rethink how financial authority is earned, exercised and scrutinised. The new agency plans to introduce transparent governance structures that could revolutionise rating methodology.

    As a researcher who has looked closely at the working of rating agencies, I believe this opportunity to bring transparency to financial governance isn’t just about better ratings. It’s a step towards economic sovereignty.

    Success for the African Credit Rating Agency shouldn’t be measured by whether it displaces the “big three” rating agencies (Standard & Poor’s, Moody’s and Fitch). The real question isn’t whether an African agency can compete, but rather whether it can show the world how to rate credit differently.

    A flawed process

    The three big agencies do publish their methodologies – their criteria and risk models. This creates an illusion of transparency. Yet the final judgments emerge from committee meetings that produce no public record, no accountability, and no right of meaningful appeal.

    These rating committees typically comprise five to 10 analysts who meet in closed sessions to make each sovereign rating decision. S&P, Moody’s and Fitch each operate internal rating committees for every sovereign rating decision. The deliberations, dissenting views, and specific reasoning behind final votes remain confidential. Only a brief summary is provided with a rating decision.

    Research has shown that credit rating agencies are more accurate at assessing the creditworthiness of advanced economies than developing economies. There have also been studies on the discrepancy between what is expected when the public methodologies are applied and what the agencies actually rate. These studies have been done for economies like Hong Kong and China, but no equivalent research has yet been undertaken for African sovereigns.

    This discrepancy exposes an accountability void. When methodology-based predictions miss the mark, we must question what happens in those committee rooms. Especially when African nations are being assessed by analysts stationed continents away, with limited understanding of local economic and political realities.

    The African Credit Rating Agency could make three changes to the way ratings are done:

    • through public deliberations

    • by forming hybrid committees

    • with technological intervention.

    First, it could release committee transcripts within 30 days of each decision. This would give markets and governments unprecedented insight into rating rationales. This isn’t radical – central banks already publish meeting minutes, and courts publish opinions with dissenting views.

    Second, it could pioneer panels that include not only rating analysts, but regional economists, sectoral specialists, and even civil society observers. All with recorded votes. This diversified expertise would disrupt “group think” while capturing nuances of African economies that traditional agencies overlook.

    I have examined this idea from the perspective of injecting climate and sustainability-related expertise into credit rating committees. I believe this is a crucial step to take to evolve the concept of the credit rating committee.

    Third, the agency could use artificial intelligence to analyse patterns across committee discussions, flagging potential regional biases or inconsistent methodology application. It might be able to use secure digital ledgers to create unchangeable records of decisions.

    Why the big three keep it closed

    The industry thrives on privacy – protecting proprietary methodologies and shielding decisions from external challenge. And the natural oligopoly (a market dominated by a few large players due to high entry barriers, reinforced by market preference for predictability) helps it stay that way.

    The sovereign credit ratings of the three big agencies are built on quantitative and qualitative factors. But research shows that sovereign ratings are subjected to qualitative understandings. This puts developing economies at a disadvantage when agencies demonstrate pro-western biases because they lack data or knowledge.

    The impact of a credit rating downgrade for a sovereign borrower is usually multifaceted. Research shows that a single-notch downgrade can raise borrowing costs by more than 100 basis points, equivalent to an extra US$100 million annually on a US$10 billion bond.

    Investors prefer fewer, stronger signals rather than many competing views. So there’s little incentive for established players to change. The African Credit Rating Agency, as a new entrant, can offer something the incumbents won’t: governance innovation that serves both markets and nations.

    Radical openness will shake markets, at least at first. Committee members might face political pressure. Transparency alone doesn’t guarantee fair outcomes.

    But the world already demands transparency from central banks and constitutional courts. Why accept anything less from institutions that shape sovereign destiny?

    Next steps

    By 2050, one in four people on Earth will be African. The financial architecture serving them must evolve towards systems that recognise the continent’s unique strengths.

    Opening the rating committee to view represents more than technical reform – it’s about shifting who holds power in global finance. If it does this, the African agency won’t just deliver better ratings; it will model how global finance can be governed more justly.

    Daniel Cash 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. Africa’s new credit rating agency could change the rules of the game. Here’s how – https://theconversation.com/africas-new-credit-rating-agency-could-change-the-rules-of-the-game-heres-how-257138

    MIL OSI – Global Reports –

  • MIL-OSI Russia: Materials and technologies of the oil and gas industry were discussed at the Polytechnic University

    Translation. Region: Russian Federal

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

    The V international industry conference “Materials and Technologies in the Oil and Gas Industry” was held at the Advanced Engineering School of SPbPU “Digital Engineering” (AES SPbPU). Leading experts in the field of materials and technologies, corrosion, metal science, mechanical engineering, additive technologies, digitalization, and the oil and gas industry discussed current issues in the industry. The Scientific and Technological Complex (STC) “New Technologies and Materials” of AES SPbPU organized the event. Partners were Gazprom 335 and VNIKTIneftekhimoborudovanie.

    This year, the business program included an expanded list of areas, including digital materials science, polymer composite materials for the oil and gas industry, hydrogen energy, issues of construction and industrial safety of oil and gas infrastructure, personnel training, and others. More than a hundred reports were presented at 15 thematic sections and round tables. Experts demonstrated developments in the field of materials and technologies as part of the exhibition.

    The event was attended by industry leaders and high-tech companies such as Gazprom, Gazpromneft NTC, Gazpromneft, Gazprom VNIIGAZ, Gazprom 335, Gazpromneft – Service Technologies, Rosneft, Lukoil, Transneft, Irkutsk Oil Company, Tatneft-Presskomposit, Sibir, RN-BashNIPIneft, Sibur Holding, Severstal, VNIKTIneftekhimoborudovanie, IC TMK, Kolskaya GMK, OMK, UMATEX, PM-Composite and others.

    Representatives of scientific centers and leading technical universities of the country spoke in thematic discussions. At the plenary session “Materials and technologies in the oil and gas industry – paths to technological leadership” scientists, government officials and heads of high-tech enterprises in the metallurgy and oil and gas sector presented reports.

    This is our fifth conference, we are celebrating a small anniversary. This year, more than 334 participants have registered, representing 150 organizations. I am sure that we will have fruitful work, which is divided into 15 sections and round tables. You will be able to share experiences, discuss current issues on the scientific and technological agenda and find useful business contacts, – Alexey Borovkov, Vice-Rector for Digital Transformation of SPbPU, greeted the participants.

    Alexey Borovkov spoke about the competencies of the SPbPU PISh in solving the problems of technological leadership, noted the extensive project activities in the interests of the industrial partners of the SPbPU PISh at a unique Digital platform for the development and application of digital twins CML-Bench®Alexey Ivanovich presented the main provisions of digital twin technology and emphasized its advantages as a driver for the development of industries, which contributes to the digitalization of production and the revision of traditional practices of product design and testing.

    Gazprom Neft Science Director Mars Khasanov emphasized the importance of engineering artificial intelligence for the application and development of digital engineering technologies. He noted the importance of integrated modeling, complex processing of large volumes of data, reduction of timeframes and success of modeling. Mars Khasanov spoke about the role of artificial intelligence in decision generation, multivariate modeling and impact analysis.

    All intelligent agents that make up engineering artificial intelligence solve certain engineering problems that are common to system engineering, and neurosymbolic technologies are used. The best environment for implementing engineering artificial intelligence is what Alexey Borovkov talked about. This is model-oriented system engineering, approaches and this entire huge system that was created, for example, at SPbPU. I think it would be great to implement all elements of engineering artificial intelligence into this system, Mars Khasanov emphasized.

    Ayar Suleimanov, Chief Operating Officer of Gazpromneft — Service Technologies, shared his experience in implementing new approaches to integrity and reliability management. He noted the development of projects on predictive failure analytics, online corrosion monitoring, and the development of self-cleaning devices for oil wells. They are aimed at ensuring technological independence, digitalization, and sustainable development of the enterprise. Ayar Suleimanov concluded that the implemented measures have significantly improved efficiency and reduced accidents. In the near future, it is planned to reduce diagnostic costs by 40-50%.

    The strategic session “Modern Materials in Equipment and Technologies for the Development of Oil and Gas Resources on the Russian Continental Shelf” was attended by Grigory Kuropatkin, Head of the Gazprom Department, Kirill Frolov, Chief Engineer and Deputy General Director of Gazprom 335, Yaroslav Kosmatsky, Deputy General Director for Research at the TMK Research Center, and Andrey Drinberg, Professor at the Hero of the Russian Federation, General of the Army E. N. Zinichev, St. Petersburg University of the State Fire Service of the Russian Emergencies Ministry. The moderator was Maxim Korobchuk, Chief Specialist of the Scientific and Technical Directorate of Gazprom 335.

    The experts discussed the prospects for developing offshore deposits in the Russian Arctic zone, the achievements and current challenges of creating domestic equipment for underwater production, problems in materials science, training professional personnel for the emerging new industry, and the possibilities of using modern digital technologies and artificial intelligence.

    The issues raised at the strategic session were examined in more detail by the participants at the relevant thematic sessions:

    “RF SHELF: Steels and alloys for equipment of underwater hydrocarbon production systems”; “RF SHELF: Modern polymeric materials in equipment and technology of underwater hydrocarbon production”; “RF SHELF: Protective and functional coatings for equipment of underwater production complexes of offshore hydrocarbon fields”.

    At the section “Corrosion Management in Oil Refining and Petrochemical Industries”, participants discussed the problems and achievements of oil refining and petrochemical enterprises, as well as specialized institutes and organizations in combating and controlling corrosion of process equipment. Experts considered the causes of equipment and pipeline failures due to corrosion, assessed various mechanisms of corrosion wear and corrosion monitoring, and also conducted a risk assessment in this area.

    Materials and technologies for hydrogen energy were discussed at the round table of the same name. The discussion was moderated by Yuri Aristovich, an expert of the Scientific and Educational Center for Digital Engineering of the Main Equipment of Chemical-Engineering Systems at the St. Petersburg Polytechnical School, Viktor Bolobov, a professor at the Empress Catherine II St. Petersburg Mining University, and Gleb Semernin, head of the department for the development of new product categories at the United Metallurgical Company.

    Hydrogen energy is not a short-term trend, but a conscious choice in favor of the future, where environmental safety and economic efficiency go hand in hand. This is an opportunity to diversify energy sources, reduce dependence on fossil fuels and create new jobs in high-tech industries. Hydrogen energy can become a catalyst for technological progress, stimulating the development of related industries, such as mechanical engineering, chemical industry, energy and transport. This is a chance for Russia to take a leading position in the global market of hydrogen technologies, exporting not only raw materials, but also advanced solutions. For the successful development of this area, comprehensive government support is needed, including the creation of a favorable investment climate, the development of a regulatory framework, stimulating demand for hydrogen and supporting scientific research, – noted Yuri Aristovich.

    Timofey Sokolov, an engineer at the Digital Engineering of the Main Equipment of Chemical-Engineering Systems Research and Education Center at the SPbPU PIS, presented a report on the analysis and development prospects of modern burner devices as a new industry standard. His colleague Andrey Efremov spoke about a critical analysis of the characteristics of internal combustion engines and hydrogen fuel cells. Anton Tsvetkov, a senior lecturer at the Higher School of Advanced Digital Technologies at the SPbPU PIS, presented the results of a study on the resistance of steel to hydrogen in aqueous and gaseous environments. Sergey Dagayev, a research engineer at the testing laboratory at the SPbPU PIS, spoke about hydrogen embrittlement of pipeline steels in a high-pressure hydrogen gas environment. The participants of the round table developed optimal solutions in terms of the emerging regulatory framework and the introduction of materials and technologies for hydrogen energy.

    Director of the Higher School of Advanced Digital Technologies PISH SPbPU Valery Leventsov presented the educational model of the Advanced Engineering School of SPbPU “Digital Engineering” and approaches to organizing the educational process, in which representatives of industrial partners, along with the school’s teachers, act as mentors for master’s students.

    Director of the Center for Continuing Professional Education of the SPbPU Advanced Engineering School Sergey Salkutsan spoke about the experience of developing and implementing training programs for managers and engineering personnel of high-tech companies on the topic of organizing advanced production. Students of the Advanced Engineering School of SPbPU “Digital Engineering”, engineers of the Scientific and Technical Complex “New Technologies and Materials” of the SPbPU Advanced Engineering School Ksenia Grigorieva and Rodion Ermolaev demonstrated tools and approaches that help future engineers maintain efficiency, involvement and sustainability in the educational and professional environment.

    Read more about the conference on the website.

    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 –

  • India to create 7.29 million green jobs by FY28, 35 million by 2047: Report

    Source: Government of India

    Source: Government of India (4)

    India’s green economy is growing rapidly and is expected to reach a value of $1 trillion by 2030, and a staggering $15 trillion by 2070, a new report said on Monday.

    With this massive growth, India is also set to create a huge number of green jobs – around 7.29 million by the financial year 2027-28 and 35 million by the year 2047, according to a NLB Services report.

    NLB Services CEO Sachin Alug said: “In the past 4–5 years, we’ve seen green jobs evolve from niche roles to mainstream opportunities across renewable energy, EVs, and sustainable infrastructure. What’s changed pragmatically is the skillsets.”

    “Today’s green workforce needs both sustainability know-how and digital fluency, and the increased integration of AI, IoT, blockchain, GIS, and data-driven tools are laying the foundation for progressive, new-age green careers,” Alug mentioned.

    As the green sector expands, industries are not just investing in green technology and renewable energy, but also focusing on building a skilled workforce to meet the rising demand.

    This shift is driving companies to change their hiring strategies. Rather than relying only on traditional degrees, employers are now giving more importance to practical green skills and hands-on experience.

    Many companies are also working closely with colleges and universities to equip young people with sustainability-related skills, while also investing in inclusive hiring and re-skilling programmes, the report stated.

    The new employment outlook is stronger than earlier predictions. In 2024, the green sector was expected to grow at a pace of 15–20 per cent annually in terms of job demand.

    However, new estimates show an even faster increase, especially in fields like renewable energy, electric vehicles, green construction, waste management, and sustainable textiles.

    Most green jobs are still based in big cities like Mumbai, Bengaluru, and Delhi. But smaller cities such as Jaipur, Indore, Visakhapatnam, Coimbatore, Bhubaneswar, Chandigarh, and Ahmedabad are also becoming key green job hubs.

    Tier II and Tier III cities are expected to create 35-40 per cent of the projected 7.29 million jobs by FY28, helped by the growth in sustainable agriculture, logistics, and warehousing, as per the report.

    Green job roles are also becoming more diverse. Demand for professionals in areas such as ESG (Environmental, Social and Governance) analytics, climate data analysis, and green technology is growing fast, with a projected 20–30 per cent yearly rise.

    (IANS)

  • MIL-OSI USA: Rep. Craig, Senators Klobuchar and Smith, Gov. Walz, Statewide and Local Officials Break Ground on US 169 Interchange Project

    Source: United States House of Representatives – Congresswoman Angie Craig (MN-02)

    JORDAN, MN – Today, U.S. Representative Angie Craig (MN-02), Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) and Governor Tim Walz joined statewide and local officials to break ground on the US 169 & Highway 282/County Highway 9 Interchange Project in Scott County. 

    The project was funded, in part, by an $8 million Rebuilding American Infrastructure with Sustainability and Equity (RAISE) Grant, which was granted to Scott County and their project partners – the City of Jordan and the Minnesota Department of Transportation (MnDOT) –through the Bipartisan Infrastructure Law. Rep. Craig and Senators Klobuchar and Smith played an integral role in securing the RAISE grant.

    “The federal, state and local partnership of this project, in particular, is incredibly critical,” said Rep. Craig in her remarks. “I remember the first time I visited down here, I looked at the possibilities and all I saw was economic opportunity for the state of Minnesota and for the Jordan area with this project, so it has been a true honor to work with so many mayors here to be able to get this across the finish line.”

    Once completed, the project will replace the last signalized highway intersection within 50 miles of the Twin Cities with an interchange, creating a 75-mile stoplight free zone to improve a key interregional corridor in Minnesota that is essential for commuters, local residents and business owners. 

    This will also include a grade-separated interchange at TH-282/County Highway 9 and a bridge over the Union Pacific rail line, as well as a roundabout, a multi-use path and underpass of US 169, floodway improvements, stormwater improvements, and frontage roads. 

    In 2021, Rep. Craig wrote a letter to former Secretary of Transportation Pete Buttigieg advocating for the RAISE grant application and in 2022, Rep. Craig secured $1.12 million for the City of Jordan US 169 Multi-Use Trail Underpassthrough the annual funding bill. 

    You can view Rep. Craig’s full remarks here.

    ###

    MIL OSI USA News –

  • MIL-OSI Africa: Africa’s new credit rating agency could change the rules of the game. Here’s how

    Source: The Conversation – Africa – By Daniel Cash, Reader in Law, Aston University

    For governments, a credit rating is more than a financial signal. It is a verdict that can influence the cost of borrowing, access to markets and, ultimately, the ability to provide for their citizens.

    Rating decisions are made behind closed doors in a private process that isn’t open to assessment or scrutiny.

    For African countries, this opacity can be especially damaging. When rating decisions lack transparency, it’s impossible to challenge potential biases or inconsistencies in methodology that put developing economies at a disadvantage. The result is higher borrowing costs that drain resources from healthcare, education and infrastructure investment.

    Africa’s new credit rating agency has the chance to change this. The African Credit Rating Agency is an initiative under development by the African Union and its partners. It is more than a new entrant; it is an attempt to rethink how financial authority is earned, exercised and scrutinised. The new agency plans to introduce transparent governance structures that could revolutionise rating methodology.

    As a researcher who has looked closely at the working of rating agencies, I believe this opportunity to bring transparency to financial governance isn’t just about better ratings. It’s a step towards economic sovereignty.

    Success for the African Credit Rating Agency shouldn’t be measured by whether it displaces the “big three” rating agencies (Standard & Poor’s, Moody’s and Fitch). The real question isn’t whether an African agency can compete, but rather whether it can show the world how to rate credit differently.

    A flawed process

    The three big agencies do publish their methodologies – their criteria and risk models. This creates an illusion of transparency. Yet the final judgments emerge from committee meetings that produce no public record, no accountability, and no right of meaningful appeal.

    These rating committees typically comprise five to 10 analysts who meet in closed sessions to make each sovereign rating decision. S&P, Moody’s and Fitch each operate internal rating committees for every sovereign rating decision. The deliberations, dissenting views, and specific reasoning behind final votes remain confidential. Only a brief summary is provided with a rating decision.

    Research has shown that credit rating agencies are more accurate at assessing the creditworthiness of advanced economies than developing economies. There have also been studies on the discrepancy between what is expected when the public methodologies are applied and what the agencies actually rate. These studies have been done for economies like Hong Kong and China, but no equivalent research has yet been undertaken for African sovereigns.

    This discrepancy exposes an accountability void. When methodology-based predictions miss the mark, we must question what happens in those committee rooms. Especially when African nations are being assessed by analysts stationed continents away, with limited understanding of local economic and political realities.

    The African Credit Rating Agency could make three changes to the way ratings are done:

    • through public deliberations

    • by forming hybrid committees

    • with technological intervention.

    First, it could release committee transcripts within 30 days of each decision. This would give markets and governments unprecedented insight into rating rationales. This isn’t radical – central banks already publish meeting minutes, and courts publish opinions with dissenting views.

    Second, it could pioneer panels that include not only rating analysts, but regional economists, sectoral specialists, and even civil society observers. All with recorded votes. This diversified expertise would disrupt “group think” while capturing nuances of African economies that traditional agencies overlook.

    I have examined this idea from the perspective of injecting climate and sustainability-related expertise into credit rating committees. I believe this is a crucial step to take to evolve the concept of the credit rating committee.

    Third, the agency could use artificial intelligence to analyse patterns across committee discussions, flagging potential regional biases or inconsistent methodology application. It might be able to use secure digital ledgers to create unchangeable records of decisions.

    Why the big three keep it closed

    The industry thrives on privacy – protecting proprietary methodologies and shielding decisions from external challenge. And the natural oligopoly (a market dominated by a few large players due to high entry barriers, reinforced by market preference for predictability) helps it stay that way.

    The sovereign credit ratings of the three big agencies are built on quantitative and qualitative factors. But research shows that sovereign ratings are subjected to qualitative understandings. This puts developing economies at a disadvantage when agencies demonstrate pro-western biases because they lack data or knowledge.

    The impact of a credit rating downgrade for a sovereign borrower is usually multifaceted. Research shows that a single-notch downgrade can raise borrowing costs by more than 100 basis points, equivalent to an extra US$100 million annually on a US$10 billion bond.

    Investors prefer fewer, stronger signals rather than many competing views. So there’s little incentive for established players to change. The African Credit Rating Agency, as a new entrant, can offer something the incumbents won’t: governance innovation that serves both markets and nations.

    Radical openness will shake markets, at least at first. Committee members might face political pressure. Transparency alone doesn’t guarantee fair outcomes.

    But the world already demands transparency from central banks and constitutional courts. Why accept anything less from institutions that shape sovereign destiny?

    Next steps

    By 2050, one in four people on Earth will be African. The financial architecture serving them must evolve towards systems that recognise the continent’s unique strengths.

    Opening the rating committee to view represents more than technical reform – it’s about shifting who holds power in global finance. If it does this, the African agency won’t just deliver better ratings; it will model how global finance can be governed more justly.

    – Africa’s new credit rating agency could change the rules of the game. Here’s how
    – https://theconversation.com/africas-new-credit-rating-agency-could-change-the-rules-of-the-game-heres-how-257138

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Preston City Council Partners with LitterLotto to boost recycling

    Source: City of Preston

    02 June 2025

    Preston City Council has partnered with LitterLotto to give residents the chance to win up to £1,000 every week while encouraging correct recycling at home and on-the-go.

    The free LitterLotto app uses AI technology to identify the type of waste being disposed of and directs residents to the correct bin. Its ‘AtHome’ feature also offers bin collection reminders, recycling advice, and allows easy reporting of issues like fly-tipping and graffiti.

    Residents simply need to download the app, register for an account, and use their phone’s camera to scan the item they wish to dispose of. Every correctly recycled item earns virtual coins to spend in the LitterLotto Coin Store and an entry into the national £1,000 prize draw.

    Councillor Freddie Bailey, Cabinet Member for Environment and Community Safety at Preston City Council, said:

    “Preston City Council are always looking at new and innovative ways to improve recycling. LitterLotto is a brilliant opportunity to improve recycling habits in Preston while rewarding residents for doing the right thing. By using the LitterLotto app, we can all help reduce contamination in our recycling bins and keep our streets clean, and the chance to win a cash prize is a great added bonus.”

    Even without downloading the app, residents and visitors to Preston can enter prize draws when recycling on-the-go using the new on-street recycling bins in the city centre. These bins are labelled with a QR code, and anyone can enter with just an email address. The bins are located at Market Street, Earl Street, Friargate and Ribblesdale Place.

    This initiative comes in response to concerns about contaminated recycling across the city, where incorrect items such as cartons, coffee cups, and plastic bags are frequently placed in recycling bins. The Council hopes the app will help clarify what can and can’t be recycled.

    As part of Volunteers’ Week celebrations, registered volunteer litter pickers will receive double entries and double virtual coins for their efforts in keeping Preston clean. This reward scheme will be trialled for 12 months until June 2026, with the potential to extend if successful.

    For more information and to download the app, see Bin it to Win it with LitterLotto .

    MIL OSI United Kingdom –

  • MIL-OSI Russia: The Future is Already Here: Scientists at the State University of Management have Developed Unique Models for Forecasting Events

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    A scientific team of scientists from the State University of Management, headed by Doctor of Technical Sciences, Professor Alexey Terentyev, has developed unique predictive models designed for intelligent data analysis. Their use allows forecasting future events in the interaction of complex commercial and production structures with the external environment. For example, for the distribution of resources between system objects for its effective development.

    A special feature of the developed models is the ability to find solutions aimed at the effective development of multi-level systems and independent of the subjectivity characteristic of methods based on expert assessments.

    The uniqueness of the methodology – the analytical determination of weighting coefficients and, as a result, obtaining a more objective solution – is critically important for systems with contradictory goal setting, which includes transport and logistics production.

    Today, the models are used in research by SMU scientists in the field of logistics in the development of a rating system for transport and logistics enterprises, which has made it possible to increase system efficiency compared to the Laplace criteria and Fishburne estimates by 16% and 26%, respectively.

    “The predictive modeling methodology developed at the State University of Management also formed the basis for the methodology for assessing the quality of passenger service in the logistics system of interaction between modes of transport. This allows us to solve the problems of determining the vector assessment of increasing the efficiency of the system based on a significant set of indicators of the quality of public transport services,” notes Maxim Pletnev, Head of the Department for Coordination of Scientific Research at the State University of Management.

    The above advantages allow the developed models to be used not only in logistics, but also in other areas of scientific research, including machine learning technologies and neural network modeling methods. This enables researchers to obtain the most accurate scenarios and forecasts of the states of the systems under study in conditions of uncertainty in the external environment.

    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 –

  • MIL-OSI Russia: Today, NSU opened an internship program for foreign specialists in the field of engineering InteRussia

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    Today, June 2, NSU hosted the grand opening of the InteRussia 2025 internship program for foreign specialists. This is the second internship of this kind that is taking place at Novosibirsk State University. This time, 17 students from 14 countries, such as Chile, Jordan, India, Pakistan, Brazil, Albania, Serbia, Bangladesh, Turkmenistan, Belarus, Indonesia, Ecuador, Uzbekistan and Tanzania, came to NSU.

    The internship is conducted by the Gorchakov Fund, the Siberian Branch of the Russian Academy of Sciences, and the ANO “Mezhdunarodniki” with the support of the Directorate of the World Youth Festival and the Presidential Grants Fund.

    For a month — from June 2 to June 29 — young researchers will be trained at the university in the promising areas of “Artificial Intelligence and Medicine” and “Modern Quantum and Information Technologies in Electronics and Photonics”. The school participants will work in one of two groups in accordance with the chosen area. The event will result in the preparation and presentation of their own scientific project.

    — We are organizing the internship for the second time, but we already see that our program is in great demand — this year, more than 160 applications were submitted, so the competition was almost 10 people per place. As a result, the best students who passed a tough and competitive selection came here. This year, we decided to make only two directions, and not three, as it was a year ago. We left the direction “Artificial Intelligence and Medicine”, since the 2024 internship showed that this topic is very interesting and in demand. We also added a new promising direction related to quantum mechanics. Among other innovations, we increased the duration of the internship from three to four weeks, — said Evgeny Sagaydak, Head of the Education Export Department at NSU.

    Artur Pogosov, Professor of the Department of Semiconductor Physics, Faculty of Physics, NSU, Head of the Department of General Physics Physics Department of NSU, in his welcoming speech to the participants, he spoke a little about the specifics of Akademgorodok and the special atmosphere that characterizes this unique place. He also spoke in more detail about the program of the direction that he supervises – “Modern quantum and information technologies in electronics and photonics”. It will include both lectures from scientists of the SB RAS Research Institute and NSU teachers, and practical computer sessions, during which, using special computational and modeling methods, listeners will be able to delve deeper into quantum mechanics, explore new crystals and new compounds, and model the processes occurring in them.

    Evgeny Pavlovsky, Head of the Laboratory of Streaming Data Analytics and Machine Learning Faculty of Mechanics and Mathematics of NSU and head of the Artificial Intelligence and Medicine department, noted that the students will have the opportunity not only to expand their knowledge, but also to present their projects, since one of the school’s goals is to ensure that the participants continue their research after completing their internship.

    The audience of the program was greeted by the leading specialist of the A.M. Gorchakov Public Diplomacy Support Fund Ilya Demkin. He thanked the partners for their cooperation, spoke about the activities of the Fund and about the internship program for foreign specialists in various fields of InteRussia. In addition, he noted that for the audience, participation in this event is an excellent opportunity to gain new knowledge in one of the best Russian universities, take thematic courses from leading experts, take part in innovative professional master classes in one of two areas, and exchange experience with colleagues from different countries.

    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 –

  • MIL-OSI: MoonFox Data Releases New Report: Pop Mart’s Emotional Consumption Model Drives Global Expansion and Record Growth

    Source: GlobeNewswire (MIL-OSI)

    Shenzhen, June 02, 2025 (GLOBE NEWSWIRE) — [Shenzhen, China] – [June 1, 2025] – MoonFox Data, a leading provider of market intelligence and data analytics, today released its latest report, “Pop Mart Business Decoded: Measuring the Value of Emotional Consumption.” The report reveals how Pop Mart, a pioneer in the pop toy industry, has leveraged emotional consumption and IP innovation to achieve record-breaking growth and global expansion in 2024 and 2025.

    The year 2025 is undoubtedly a landmark year for Pop Mart. At the end of March, the company released financial results that drew wide attention across the industry: Pop Mart’s 2024 revenue exceeded RMB 13 billion, a fivefold increase since its listing on the HKEX in 2020. Just before the Labor Day holiday, the Pop Mart app topped the U.S. App Store shopping chart for the first time, with American consumers queuing overnight to purchase new releases. Despite tariff pressures, its new products continued to see rapid growth overseas…

    16 years after its founding, Pop Mart’s ambition to “become a global super IP” is gradually materializing. What was once a trend-led toy store has transformed into a spiritual refuge for young people. So how exactly has Pop Mart captured the hearts of youth both in China and abroad? And what challenges lie ahead?

    I.        A Look Back: Repeated Comebacks in Brand Development

    1. In the Early Stages, Focused Track and Model Innovation Drove Growth

    Founded in 2010, Pop Mart began as an offline “trendy variety store” and struggled to survive amid the rise of e-commerce. In 2015, the founder drew inspiration from Japan’s blind box trend and introduced the popular Hong Kong pop toy BabyMolly to the Chinese mainland market. Pop Mart also secured domestic distribution rights for Japan’s Sonny Angel, successfully pivoting from a variety store to a curated pop toy store.

    However, in the following year, the termination of several IP licensing agreements forced the company to pivot again. Pop Mart began aggressively seeking collaborations with original designers to acquire copyright partnerships. In 2016, it launched its own IP blind box product, the Molly Zodiac Series, which became a growth driver. At the time, Pop Mart’s pop toy model of fast product rotation, bulk sales, and the blind box mechanism was a novelty that disrupted the traditional toy market. From then on, Pop Mart shifted from an offline retail distributor to an IP operator, with Molly becoming its signature icon.

    2. After Going Public: Diversification to Break the Revenue Ceiling

    Pop Mart entered the overseas market in 2018 and continued its steady revenue growth after its 2020 IPO. However, from 2020 to 2022, its gross profit margin declined continuously. By 2022, Pop Mart hit a growth bottleneck, with negative product reviews on social media indicating weakening consumer interest in blind boxes.

    In 2022, Pop Mart’s gross profit margin dropped by 4%, and operating profit fell by 49%. Domestically, revenue declined not only due to pandemic-related disruptions to offline store sales, but also because of a slump in online channel performance.

    Table 1: Pop Mart Annual Revenue and Profit Changes (2018 – 2024)

    Year Revenue Gross Profit Operating Profit Gross Profit Margin Revenue Growth Gross Profit Growth Operating Profit Growth
    2018 0.51 billion 0.3 billion 0.13 billion 57.9 % 225 % 296 % 2951 %
    2019 1.68 billion 1.09 billion 0.6 billion 64.8 % 227 % 266 % 348 %
    2020 2.51 billion 1.59 billion 0.72 billion 63.4 % 49 % 46 % 20 %
    2021 4.49 billion 2.76 billion 1.15 billion 61.4 % 79 % 73 % 60 %
    2022 4.62 billion 2.65 billion 0.58 billion 57.5 % 3 % -4 % -49 %
    2023 6.3 billion 3.86 billion 1.23 billion 61.3 % 36 % 46 % 111 %
    2024 13.04 billion 8.71 billion 4.15 billion 66.8 % 107 % 125 % 238 %

    Data Source: Company financial reports, compiled by MoonFox Research Institute.

    Table 2: Pop Mart Annual Online and Offline Revenue Changes (2020 – 2024)

    Year Online Channel Revenue YoY Offline Channel Revenue YoY
    2020 0.95 billion 77 % 1.33 billion 35 %
    2021 1.9 billion 100 % 2.14 billion 61 %
    2022 1.92 billion 1 % 2.22 billion 4 %
    2023 1.68 billion -12 % 3.85 billion 74 %
    2024 4.15 billion 147 % 7.6 billion 97 %

    Data Source: Company financial reports, compiled by MoonFox Research Institute.

    In 2023, as offline economic activity rebounded, Pop Mart’s diversified business strategy began to show results. Its commitment to deepening overseas markets and refining IP operations laid the foundation for a strong performance in both 2024 and 2025.

    On one hand, the brand’s overseas expansion has become a key secondary growth driver. While revenue from Hong Kong, Macao, Taiwan, and overseas markets accounted for only 9.8% of total revenue in 2022, this proportion rose to 38.9% by 2024. Pop Mart has expanded its network of international concept stores across Southeast Asia, Europe, and North America, growing the total number of overseas stores to 130.

    Table 3: Number of Pop Mart Physical Stores in Hong Kong, Macao, Taiwan, and Overseas (2020 – 2024)

    Year Number of Stores Number of Robot Shops New Countries Entered Overseas Theme Stores
    2020 1 No statistics South Korea
    2021 7 9 Singapore and other Southeast Asian countries
    2022 43 120 UK, New Zealand, USA, Australia
    2023 80 159 France, Malaysia, Thailand, Netherlands
    2024 130 192 Vietnam, Indonesia, Philippines, Italy, Spain Louvre Theme Store (Paris)
    K-POP Theme Store (South Korea)
    CRYBABY Theme Store (Thailand)

    Data Source: Company financial reports, compiled by MoonFox Research Institute.

    Table 4: Pop Mart’s Revenue of Hong Kong, Macao, Taiwan, and Overseas (2021 – 2024)

    2021 – 2024 Annual Revenue of Hong Kong, Macao, Taiwan, and Overseas
    Year Revenue Proportion Growth Rate
    2021 1.9 4.10 % 156 %
    2022 4.5 9.80 % 137 %
    2023 10.7 16.90 % 138 %
    2024 50.7 71.30 % 374 %
    2021 – 2024 Revenue Breakdown by Channel of Hong Kong, Macao, Taiwan, and Overseas (RMB 100 million)
    Year Offline Channel Online Channel Wholesale & Other Channels
    2021 0.1 0.4   1.4  
    2022 1.5 0.9   2.1  
    2023 6.4 1.6   2.7  
    2024 30.7 14.6   5.4  
    2024 Regional Revenue Distribution of Hong Kong, Macao, Taiwan, and Overseas (RMB 100 million)
    Region Revenue Proportion Growth Rate
    Southeast Asia 24 47.40 % 619 %
    East Asia & Hong Kong, Macao, Taiwan 13.9 27.40 % 185 %
    North America 7.2 14.30 % 557 %
    Europe, Oceania & Others 5.5 10.90 % 311 %

    Data Source: Company financial reports, compiled by MoonFox Research Institute.

    On the other hand, the company has shifted its focus from pursuing rapid product launches and expanding the number of IPs to prioritizing IP quality. The period from 2020 to 2022 marked a critical phase of supply chain upgrades for Pop Mart, including greater supply chain flexibility, digital transformation of warehousing and logistics, the establishment of self-owned factories, and overseas warehouse construction, all of which laid a strong foundation for future growth. Around 2023, Pop Mart began transforming its overseas business model by bypassing intermediary distributors and transitioning to a DTC (Direct-to-consumer) approach. This shift significantly improved the company’s ability to reach global consumers quickly. As a result, e-commerce revenue from overseas independent platforms surged in 2024.

    Table 5: 2024 Pop Mart’s Online Revenue in Hong Kong, Macao, Taiwan, and Overseas Markets

    Online Channel Revenue (RMB 1 million) Proportion Growth Rate
    Pop Mart Official Website 531 36.50 % 1246 %
    Shopee 324 22.30 % 656 %
    TikTok 262 18.00 % 5780 %
    Other Online Channels 338 23.20 % 389 %

    Data Source: Company financial reports, compiled by MoonFox Research Institute.

    II.        Building Deeper Connections with Consumers: Accelerating IP Universe Development Through User Value Alignment

    1.        From the “Lipstick Effect” to a Lifestyle Brand: Cultivating Long-Term Consumption Habits

    Pop Mart has mastered the art of the blind box model. Before the product launch, intensive marketing campaigns are carried out, with each figurine being given a complete backstory. However, the blind box purchasing model extends the time it takes for consumers to have their expectations met. The unboxing experience after purchase creates delayed gratification and a sense of emotional reward. Meanwhile, the inherent consumer instinct to collect or complete a series further drives repeat purchases. While the inclusion of “hidden” editions creates an illusion of “scarcity”, adding perceived collectible value while stimulating consumer desire to purchase.

    With low individual costs, intricate design, rapid product updates, and wide variety, consumers often become “loyal fans” without realizing it. Generation Z, who value emotional expression and self-exploration, are willing to pay for emotional fulfillment. Character-driven dolls and figurines have become tools for self-solace. Meanwhile, the use of social media further transforms blind boxes into a form of social currency. From celebrities and macro influencers to niche KOLs and even KOCs of WeChat Moments, posting about figurines, unboxing videos, and product swaps has spurred enthusiasm and imitation among fans.

    Meanwhile, Pop Mart has deepened its IP development, expanding beyond toys into lifestyle products. For example, its original IP “HIRONO” features a rebellious child character whose lonely and aggrieved expressions still convey a defiant spirit, an image that has won over many fans. By 2025, the IP had evolved to its seventh generation, with related merchandise extending beyond blind boxes to include a wide range of products such as apparel, home goods, and digital accessories. In addition to blind boxes, “HIRONO” has expanded to apparel, home goods, and tech accessories. It also engages users emotionally through animated shorts, offline sculptures, and art exhibitions.

    Table 6: Revenue Contribution of “HIRONO” IP

    Revenue in 2024 Revenue Share Revenue in 2023 Revenue Share YoY Growth
    0.73 billion 5.60 % 0.35 billion 5.60 % 106.9 %

    Data Source: Company financial reports & public data, compiled by MoonFox Research Institute.

    2.        From Emotional Value to Cultural Identity: Brand Consumption as a Form of Self-Expression

    In 2025, American consumers queued overnight for LABUBU from the classic IP “THE MONSTER”, known for its mischievous grin and dark aesthetic, a sharp contrast to Pop Mart’s other characters. Initially positioned as a “forest sprite”, LABUBU saw modest success until a 2024 rebranding introduced plush-skinned vinyl dolls that went viral in Thailand and later gained traction in China.

    Today, LABUBU is not only a crowd favorite at Pop Mart’s themed parks but also a global “symbol of subculture”. The character’s sharp teeth, heterochromatic eyes, and dark style wrapped in soft textures challenge mainstream beauty standards, echoing youth subculture’s desire to break norms. On global social media platforms, celebrities like LISA, Rihanna, and Dua Lipa have been seen with LABUBU dolls, while fans engage in remakes and cosplay to express individuality.

    Table 7: Revenue Contribution of “THE MONSTER” IP

    Revenue in 2024 Revenue Share Revenue in 2023 Revenue Share YoY Growth
    3.04 billion 23.30 % 0.37 billion 5.80 % 726.6 %

    Data Source: Company financial reports & public data, compiled by MoonFox Research Institute.

    Through diversified operations and refined strategies, Pop Mart is steadily constructing an IP universe that meets consumer needs in socialization, emotional expression, and self-identity.

    Its in-house IP operations are now more finely segmented by target audience and product type, with distinct strategies for blockbuster development. For high-end consumers and international markets, Pop Mart strengthens its collaborations with cultural IPs across various fields, collaborating with cultural IPs, such as Chinese intangible heritage artists and British pop artists, producing limited editions (primarily under the MEGA line) that emphasize collectability and cultural expression. For mass-market consumers, collaborations between original IPs and fast fashion, coffee and beverage brands, and anime/gaming franchises have become routine, integrating Pop Mart products into daily life. Overseas, store design increasingly incorporates local cultural elements, offering immersive experiences, such as Korea’s K-POP theme store and France’s Louvre theme store, and launching regional co-branded limited editions to lower the threshold for cross-cultural interaction among consumers from different regions.

    On the operational front, the growth of figurine revenues has slowed in recent years. To adapt, the company has launched new product lines, including Molly Beans, plush toys, and the MEGA series. In 2024, plush and MEGA categories accounted for 35% of revenue and showed rapid growth, now forming a major revenue pillar. In physical retail, Pop Mart is expanding from pure retail to experiential offerings. Beyond traditional stores and vending machines, more themed parks, pop-up stores, and curated art exhibitions are being introduced to enhance customer engagement.

    III.        Cracks beneath the Billion-RMB Myth

    The booming pop toy industry is becoming increasingly competitive, with multiple players racing to innovate on both product and concept. As consumer aesthetics continue to evolve, this intensifies pressure on leading brands. TOPTOY, a pop toy chain under MINISO founded in 2020, has rapidly expanded into lower-tier cities with its more affordable pricing and iconic IP offerings. By the end of 2024, TOPTOY had opened 276 retail stores nationwide, generating over RMB 980 million in annual revenue. Meanwhile, classic international IPs are enjoying a resurgence in the Chinese market. In 2024, merchandise related to Harry Potter, the Disney 100th Anniversary, and Chiikawa surged in popularity, posing a growing challenge for the breakout success of original IPs. Backed by this trend, MINISO has leveraged the influence of established IPs to drive both revenue and brand recognition. The 2024 financial report shows the total revenues exceeding RMB 17 billion, a 22.8% YoY increase.

    Turning the lens back to Pop Mart itself, managing the lifecycle of original IPs, and the handoff between older and newer IPs, remains a critical challenge for pop toy companies to build their “super IPs”. Pop Mart has been launching original IPs for over a decade. Iconic characters such as Molly, LABUBU, and THE MONSTER have recently reignited consumer interest through new product categories and refreshed designs. At the same time, many emerging IPs have gained visibility and emotional resonance with post-2000s and even younger generations. As Pop Mart’s portfolio of original IPs continues to expand, more of these properties will face the challenge of prolonged life cycles in the future. Maintaining innovation and consistently creating hit products that resonate with the evolving preferences of young consumers will become a long-term challenge for the brand’s development.

    Overall, Pop Mart has successfully pioneered a business model that monetizes emotional value, anchoring its revenue growth in rich content and cultural significance. Its strong in-house production capabilities and DTC strategy have accelerated its reach among global consumers. While recent revenue surges are not a fleeting phenomenon, they do not come without risk. Looking ahead, Pop Mart must continue to enhance its content innovation capabilities to keep its IPs vibrant. Only by maintaining a careful balance between innovation and legacy, and between emotional appeal and cultural expression, can the brand sustain high growth and realize its long-term ambition of becoming a “super IP” powerhouse.

    About MoonFox Data

    As a sub-brand of Aurora Mobile, MoonFox Data is a leading expert in data insights and analysis services across all scenarios. With a comprehensive, stable, secure and compliant mobile big data foundation, as well as professional and precise data analysis technology and AI algorithms, MoonFox Data has launched iAPP, iBrand, iMarketing, Alternative Data and professional research and consulting services of MoonFox Research, aiming to help companies gain insights into market growth and make accurate business decisions.

    About Aurora Mobile

    Aurora Mobile (NASDAQ: JG) established in 2011, is a leading customer engagement and marketing technology service provider in China. Its business includes notification services, marketing growth, development tools, and data products.

    For Media Inquiries:
    Contact: zhouxt@jiguang.cn | Website: http://www.moonfox.cn/en

    The MIL Network –

  • MIL-OSI: WISeKey to Present at Maxim Tech Conference “Discover the Innovations Reshaping Tomorrow” on June 3 at 8:30am ET

    Source: GlobeNewswire (MIL-OSI)

    WISeKey to Present at Maxim Tech Conference “Discover the Innovations Reshaping Tomorrow” on June 3 at 8:30am ET

    Geneva, Switzerland, June 2, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its management team will be presenting at the Maxim Group 2025 Virtual Tech Conference “Discover the Innovations Reshaping Tomorrow.”

    WISeKey’s fireside chat presentation is scheduled for June 3rd at 8:30 am ET. Investors can access the live presentation via the following link: https://m-vest.com/events/tmt-06032025.

    During the presentation, Carlos Moreira, WISeKey’s Founder and CEO, will provide a progress update on WISeKey’s platform as it advances through the “Year of Convergence,” integrating its subsidiaries’ cybersecurity offerings: (WISeID) digital identification, (SEALSQ) post-quantum technology, (WISeSAT) satellite constellation, and (SEALCOIN) tokenization projects into the Company’s revenue stream.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network –

  • MIL-OSI: Vodafone Qatar selects Nokia in major network modernization deal to drive expanded 5G coverage, reliability, and services

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Vodafone Qatar selects Nokia in major network modernization deal to drive expanded 5G coverage, reliability, and services

    • The deal entails Core modernization, expanded 5G capacity, and enhanced broadband to strengthen network reliability, service offering, and efficiency.

    2 June 2025
    Espoo, Finland – Nokia today announced a major agreement with Vodafone Qatar to lead a nationwide network modernization that will enable the operator to deliver faster, more secure, and highly adaptable 5G services to consumers and businesses across the country, while preparing the network for next-generation innovations.

    In a major expansion of the two companies’ partnership, Vodafone Qatar will leverage Nokia’s end-to-end technology to boost network capacity and reduce latency while accelerating time-to-market with new capabilities and introducing greater agility through automation and enhanced security measures.

    As demand for high-speed connectivity surges in Qatar’s rapidly growing digital economy where the ICT sector is forecast to grow at an 8.5% annual rate through 2030, the operator is committed to meet those needs. Nokia’s solutions will help transform the network with intelligent broadband access, new enterprise offerings provided through 5G slicing, and infrastructure that can easily evolve as digital applications advance.

    “Vodafone Qatar continuously embraces new opportunities to deploy emerging technologies as part of its commitment to driving digital transformation in Qatar, in line with Qatar National Vision 2030. Our work with Nokia enables us to become more agile and responsive to the evolving needs of customers and businesses. By integrating advanced fiber, mobile, and cloud capabilities, we are shaping a smarter, more secure network that can support everything from customized home Wi-Fi to the latest enterprise technologies,” said Sheikh Hamad Abdulla Jassim Al-Thani, Chief Executive Officer, Vodafone Qatar.

    “This collaboration reflects the depth of our portfolio and the strength of our partnership with Vodafone Qatar. Through more flexible scaling, reliability, and near zero-touch automation that our advanced core and broadband solutions deliver, Nokia will provide greater network agility and service offerings, and provide our partner with all the tools they need to more efficiently manage and extract greater value from their network assets,” said Raghav Sahgal, President of Cloud and Network Services, Nokia.

    Nokia’s multi-cloud core software solutions, including Packet Core, Converged Charging, and Networks Data Analytics Function, running on the latest cloud technologies will bring cloud-native grade automation, agility, and scalability to Vodafone Qatar’s multi-access core network.

    Nokia Digital Operations software will boost the operator’s journey towards fully autonomous networks with end-to-end orchestration, 5G slicing automation, and AI-driven assurance, enabling rapid delivery and highest reliability of services.

    Nokia’s integration of automation across IP and optical networks, provided by NSP, combined with a five-year managed services agreement for core operations, will help accelerate service rollouts, reduce costs, and ensure a future-ready network architecture.

    Together, these advancements will set a new standard for end-to-end digital transformation in Qatar and reaffirm Nokia’s position as a trusted technology partner for service providers worldwide.

    Multimedia, technical information and related news
    Web Page: Cloud and Network Services
    Web Page: Mobile Networks
    Web Page: Network Infrastructure

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. 

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future.

    About Vodafone Qatar P.Q.S.C
    Vodafone Qatar P.Q.S.C. (“Vodafone Qatar”) provides a comprehensive range of services including voice, messaging, data, fixed communications, IoT and ICT managed services in the State of Qatar, for both consumers and businesses alike. The Company commenced commercial operations in 2009 and has 2.1 million mobile customers as of 31 March 2025. Its state-of-the-art network infrastructure is expanding to cover key locations in the country with fibre connectivity and 5G, along with an extensive digital ecosystem, which will contribute to Qatar’s continued growth and prosperity. Vodafone Qatar’s vision is deeply rooted in its mission to connect today’s ideas with the technologies of tomorrow by pioneering digital innovation and becoming people’s first choice in telecom and digital services. Please visit www.vodafone.qa for more details.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Vodafone Qatar Media Relations
    Email: mediarelations.qatar@vodafone.qa

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    The MIL Network –

  • MIL-OSI: The Evolution of the CFO: From Financial Steward to Strategic Visionary

    Source: GlobeNewswire (MIL-OSI)

    Change is afoot, but that’s a good thing

    Gone are the days when CFOs merely managed balance sheets and ensured fiscal discipline. Today’s CFO is a dynamic strategist at the heart of shaping business direction and fueling growth. Beyond budget oversight they are architects of financial resilience: securing resources for talent acquisition, technological advancements, supply chain stability and innovation.

    To thrive in this new reality, CFOs are obliged to seamlessly balance ongoing financial health with long-term value creation. Their mission includes inspiring confidence among shareholders, proving to them that their investments will flourish, while simultaneously demonstrating the ability to uphold commitments to financial institutions. Achieving these objectives demands real-time financial intelligence and a well-integrated ecosystem of technology, collaborative teams and agile processes.

    These pursuits also mean that Finance can no longer operate in isolation. Growth depends on collaboration, integration and agility to respond to complexity. Companies are only as strong as their weakest link, and the CFO must ensure that the entire value chain — not just individual components — drives competitive advantage. Strategic planning, a focus on digital transformation, ESG initiatives and prudent M&A activities are now all within their remit.

    The CFO’s mission is clear: Stay adaptive, break down silos and secure the financial foundation for sustainable success.

    The Office of the CFO: A symphony of strategic functions

    Since a CFO does not operate in isolation, the Office of the CFO is more than a designation — it is an interconnected framework of specialised teams and functions that collectively support financial leadership.

    While fundamental finance operations such as Procurement, Accounts Payable and Accounts Receivable remain vital, the CFO’s broadened responsibilities now demand deeper alignment with IT, Legal, Supply Chain, Customer Service departments and beyond. Especially when it comes to the tech strategy of a company, 84% of CFOs surveyed say that they are going to become more involved in these kinds of decisions.1

    These aren’t fragmented departments; they are critical components of an integrated effort to enhance efficiency, optimise profitability and build a sustainable and competitive advantage. Financial leadership today transcends numbers. It’s an intricate dance of collaboration, foresight and execution that shapes a company’s future.

    Elevating insights & impacts with the right tech stack

    This Office of the CFO requires unparalleled visibility into the organisation’s financial and operational landscape. Advanced technology is the backbone of this transformation, and enables real-time decision-making, meticulous forecasting, accurate predictive analytics and all-encompassing risk management.

    While hesitation toward emerging fintech remains, not least due to very real risks, comprehensive suite-based platforms can provide a secure and streamlined alternative by resolving concerns of system complexity and vulnerability, all while enhancing strategic agility.

    And as with all realms of technology, AI is making its way into fintech as well. It redefines what financial leadership means by providing CFOs with the ability to make smarter, faster and more data-driven decisions. By leveraging predictive analytics, AI identifies patterns within vast datasets and uncovers actionable insights that propel growth and mitigate risk.

    AI revolutionises forecasting by enhancing accuracy through the synthesis of financial and non-financial data. In working capital management, it empowers teams to optimise cashflow, which can ensure liquidity with unparalleled precision. Merger and acquisition activities are supported by AI capabilities that accelerate due diligence by efficiently interpreting complex financial documents and thereby enabling streamlined decision-making. Another example is contract management, where AI can detect critical clauses or risks, which in turn results in simplified negotiations and reduces legal exposure.

    Yet, AI is not a substitute for human expertise. Its true strength lies in augmenting Finance teams by automating routine processes and improving data integrity. It provides humans with mental and temporal space to focus on strategic innovation, resulting in a formidable force that drives efficiency, agility and transformative growth. By embracing this synergy, the Office of the CFO can unlock new opportunities and reshape, future-proof the entire business.

    1.  “The CFO’s Changing Role: 5 Data Points from the 2023 CFO Outlook Survey”, CFO Magazine, Feb. 3, 2023 

    The MIL Network –

  • MIL-OSI: WISeKey’s WISe.ART 3.0, One of the World’s First and Largest Web3 Marketplaces for Digital Art, Twins, NFTs, and Crypto Collectibles will be Presenting FABEN’s MLove at NFC Lisbon on June 5 on the Alpha Stage at 4:30

    Source: GlobeNewswire (MIL-OSI)

                                                                       

    WISeKey’s WISe.ART 3.0, One of the World’s First and Largest Web3 Marketplaces for Digital Art, Twins, NFTs, and Crypto Collectibles will be Presenting FABEN’s MLove at NFC Lisbon on June 5 on the Alpha Stage at 4:30 pm

    Geneva, Switzerland – June 2, 2025 — WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, is proud to announce that it will present Faben’s holograms for the first time at Lisbon NFC. There will be a live performance by Faben as well as a live discussion with WISe.ART Art Director on stage.

    Since its launch in 2021, WISe.ART, the NFT platform developed by WISeKey, has led numerous high-impact and pioneering NFT projects. Combining trusted digital identity, robust cybersecurity, and environmental consciousness, WISe.ART has redefined how digital art and luxury collectibles are created, verified, and traded.

    WISe.ART has distinguished itself by ensuring secure digital identity and compliance with international standards, making it one of the few platforms trusted for institutional and philanthropic NFT use cases.

    Faben’s holograms are part of an important project including NFTs, NFCs, physical pieces, and an AI community building app to be developed to bring global beauty and peace. MLove will be developed into a game, an interactive companion, and health and educational guidance in an artistic way to spread the message of love to its community.

    Revolutionizing the Future of Art- A world premiere that a hologram and a token are linked to a RWA (Real World Asset)

    About WISe.ART: The WISe.ART platform redefines the digital art experience by providing creators and collectors with a secure, traceable, and intelligent environment for trading and authenticating digital assets. It is democratizing digital expression by empowering billions of people worldwide to create, share, and monetize their artistic visions through a secure and trusted platform. Whether it’s a digitally generated painting, a collectible tied to a physical sculpture, or a new form of cultural expression, WISe.ART enables creators from all backgrounds to participate in the global digital art economy, safely and transparently. For more information, visit www.wise.art.

    About FABEN: Faben the heArtist, (sculpture, painting, murals, installations worldwide),
    Creator of MLOVE & NFTH concept – https://www.instagram.com/faben.art/?hl=en#.

    Faben joined the new enhanced WISe.ART platform in time for NFC Lisbon with a collection of holograms announcing the project. The holograms will be identifiable with WISeKEY chips and linked to their respective NFTs on one of the WISe.ART blockchains. The complete NFT collection will be dropped later in July during ARTMONACO week. Faben is an internationally renowned artist for his Mr Love sculpture spreading goodwill to all generations with inventive art using technology to reach new frontiers in communication.

    About NFC Summit: Is the major annual event where the creative economy meets WEB 3 – Art Fashion, Gaming and Music, live performance stage, blending virtual and reality in unprecedented ways. The world’s major web3 players, investors and media from around the world gather to present and discuss current trends. Live performances, conference on multiple stages, awards and exhibitions will be open to the public for 3 crazy days in an historical venue in the heart of Lisbon.    https://www.nfcsummit.com/.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISe.ART PTY LTD
    Company Contact: S. Crutchfield
    Art Director
    Tel: +41 22 594 3000
    scrutchfield@wisekey.com    		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network –

  • MIL-OSI: Atos Group receives confirmatory offer from the French State to acquire part of its former Advanced Computing business

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Atos Group receives confirmatory offer from the French State to acquire part of its former
    Advanced Computing business

    Vision AI activities excluded from the transaction

    • Confirmatory offer received from the French State to acquire Eviden’s Advanced Computing business excluding newly separated Vision AI activities
    • Enterprise Value of €410 million including €110 million contingent earn outs, following the exclusion of Vision AI activities
    • Vision AI activities, contributing to more than one third of the operating margin of the formerly considered perimeter, repositioned in Eviden to structure a new business unit
    • The Parties aim to sign a binding agreement1in the coming weeks, with a closing of the transaction expected in 2026

    Paris, France – June 2, 2025 – Following its press release dated November 25, 2024, Atos SE (“Atos” or the “Company”) announces that it has received a confirmatory offer from the French State to acquire its Advanced Computing business, excluding Vision AI activities (comprising mainly the Ipsotek subsidiary acquired in 2021), for an enterprise value (EV) of €410 million, including €110 million earn-outs that are based on profitability indicators for fiscal years 2025 (€50 million that should be paid upon closing) and 2026 (€60 million).
    The revised EV in comparison with the one communicated in November 2024 reflects the reduced scope of the transaction.

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

    Eviden will be reorganizing its Vision AI capabilities (based in the UK) around a new business unit to continue its focus on AI, Data and Security as communicated during the Capital Markets Day. With deep expertise in AI-powered video analytics for operations, safety and security (such as abandoned luggage detection, crowd management or manufacturing quality inspection), this structure will support Atos Group organization to deliver improved and higher-value offerings to clients.

    The Board of Directors welcomed the offer, based on the report of the independent expert appointed by the Board, which confirmed that the valuation of the disposed perimeter and the terms of the transaction are at fair market value.

    Atos Group 2028 financial trajectory presented at the Capital Markets Day on 14 May 2025, on the assumption of a disposal of Advanced Computing, remains unchanged.

    About Atos Group

    Atos Group is a global leader in digital transformation with c. 72,000 employees and annual revenue of c. € 10 billion, operating in 68 countries under two brands — Atos for services and Eviden for products. European number one in cybersecurity, cloud and high-performance computing, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

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

    Contacts

    Investor relations: investors@atos.net

    Individual shareholders: +33 8 05 65 00 75

    Media relations: globalprteam@atos.net

    1 The binding agreement refers to the put option agreement. A share purchase agreement attached to the put option agreement will be signed upon and subject to completion of the information procedure and consultation with the relevant employee representative bodies. It is also specified that the transaction is subject to approval by the relevant regulation authorities.

    Attachment

    The MIL Network –

  • MIL-OSI: Results of the 2025 Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    2 June 2025 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or the “Company“) (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), a global investment firm specializing in digital assets, is pleased to announce that all of the resolutions proposed at the Annual General Meeting (“AGM”) of the Company, held as of 30 May 2025, were duly passed via poll.

    The Company’s Board of Directors wished to highlight the following:

    Resolution 13 – Resolution regarding authorising the Board of Directors to decide on repurchase and transfer of own shares

    The AGM resolved that the Board of Directors shall decide on purchases of the Company’s own shares in accordance with the following terms.

    1. Share repurchases may be made on Nasdaq Stockholm or any other regulated market.
    2. The authorisation may be exercised on one or more occasions before the 2026 Annual General Meeting.
    3. The Company’s holding of shares at any given time shall not exceed 15% of the total number of shares in the Company.
    4. Repurchases of the Company’s own shares may shall be made at a price of no more than 5% above the average trading price of the shares for  the 5 business days prior to the repurchase date.
    5. Payment for the shares shall be made in cash.

    In addition, the AGM resolved to authorise the Board of Directors to decide on transfer of own shares, with or without deviation from the shareholders’ preferential rights, in accordance with the following, terms.

    1. Transfers may be made on (i) Nasdaq Stockholm or (ii) outside of Nasdaq Stockholm in connection with the acquisition of companies, operations, or assets.
    2. The authorisation may be exercised on one or more occasions before the 2026 Annual General Meeting.
    3. The maximum number of shares that may be transferred corresponds to the number of shares held by the Company at the point in time of the Board of Directors’ decision on transfer.
    4. Transfers of shares on Nasdaq Stockholm (or any other regulated market)  shall be made at a price of no more than 5% above the average trading price of the shares for the 5 business days prior to the transfer date. For transfers outside of Nasdaq Stockholm, the price shall be set so that the transfer is made at market terms, except for delivery of shares in connection with employee stock option programs.
    5. Payment for transferred shares may be made in cash, through in-kind payment, or through set-off against claims with the Company.

    The purpose of the authorisations is to give the Board of Directors greater scope to act and the opportunity to adapt and improve the company’s capital structure and thereby create further shareholder value and take advantage of any attractive acquisition opportunities. The authorisation may also be used in order to enable delivery of shares in connection with employee stock option programs.

    The Board of Directors shall have the right to decide on other terms for repurchases and transfers of own shares in accordance with its authorisation. The Board of Directors also has the right to authorise the Chairman of the Board, the Chief Executive Officer, or the person designated by the Board to make such minor adjustments that may be necessary in connection with the execution of the Board’s decision to repurchase or transfer shares.

    Resolution 14 – Resolution regarding amendments to the Company’s Articles of Association

    The AGM resolved that Company’s Articles of Association be amended by deletion of the existing articles 3.6.2, 17.2.7 and 24.12 and the insertion of new articles 3.6.2, 17.2.7 and 24.12 as follows:
    “3.6.2   the Directors may, by unanimous consent only, during any period of two consecutive calendar years, resolve to allot and issue in one or more tranches such number of ordinary shares (including, for the avoidance of doubt, any shares issued pursuant to, in connection with or upon conversion of any subsequently issued convertible bonds) as does not in the aggregate exceed twenty five percent (25%) of the total number of ordinary shares in issue (excluding any ordinary shares held in treasury) at 9am on 1st January of such year (rounded down to the nearest whole share), without the offer, issue  or allotment of such shares or the issue or conversion of any subsequently issued convertible bonds being subject to the provisions of Article 3.2 provided always that any such allotment, issue, or conversion is effected solely in connection with bona fide transactions for business purposes only (and for the avoidance of doubt the terms of this Article 3.6.2 shall not include the issuance of shares or convertible securities as consideration or compensation  for services rendered by employees, consultants, directors, or any other individuals in a personal capacity) and provided further that any issuance or allotment to any natural person pursuant to this Article 3.6.2 shall be subject to the unanimous approval of the remuneration committee as required by and in accordance with the terms of reference for such remuneration committee and shall not in aggregate in any calendar year exceed five percent (5%) of the total number of ordinary shares in issue at the time of such offer;” 

    “17.2.7 the creation of any charge or other security over any assets or property of a Group Company to secure borrowings, or indebtedness in the nature of borrowings, of that Group Company which, when aggregated with all other such borrowings or indebtedness, would exceed £200,000,000 (OTHER THAN in the ordinary course of its Business, and, DISREGARDING any amounts borrowed from other Group Companies) provided always that, subject to applicable law, nothing in these Articles (including without limitation this provision) shall restrict or prevent or be deemed to restrict or prevent the issuance by the Company of any corporate or convertible bonds or other debt instruments on an unsecured basis.”

    “24.12  Notwithstanding anything to the contrary within these Articles, meetings of the Board shall be held at such locations and in such manner, and resolutions of Directors passed in writing shall be signed, so as to cause the Company to:
      24.12.1    be resident for taxation purposes in Jersey; and
      24.12.2    comply with the Taxation (Companies – Economic Substance) (Jersey) Law 2019.”

    36,267,305 shares and votes were registered for the AGM, representing 54.39% of the issued share capital as at 16 May 2025.

    The number of shares in issue (and total voting rights) as at close of business on 16 May 2025 was 66,678,210 ordinary shares carrying one vote each. Therefore, the total voting rights in the Company as at close of business on 16 May 2025 was 66,678,210.

    The full text of the resolutions passed at the AGM can be found in the Notice of the Annual General Meeting (included within the Annual Report) which is available on the Company’s website at https://investor.coinshares.com/c-governance/general-meetings.

    In response to a shareholder question and as previous advised during the 1Q25 earnings call, the CEO reaffirmed his commitment to the Company’s long-standing objective of enhancing shareholder value by securing a listing on a major U.S. exchange such as Nasdaq or the NYSE.

    Several potential paths to listing were outlined, including a secondary listing and reverse takeover structures. The CEO noted that the reverse takeover market in the U.S. is currently active, offering a range of options—from legacy listed entities seeking a strategic reset to clean shells, with or without available cash.

    CoinShares’ strong earnings and robust margins provide meaningful strategic flexibility. At this stage, the Company remains focused on completing its PCAOB historical audit, which is the primary gating item for any U.S. listing initiative.

    About CoinShares

    CoinShares is a leading global investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com
    Company | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com

    This information is information that CoinShares International Limited is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014). The information in this press release has been published through the agency of the contact persons set out above, at 08:30 BST on Monday, 2 June 2025.

    The MIL Network –

  • MIL-OSI: Illumio Simplifies Zero Trust in Critical Infrastructure with NVIDIA Accelerated Computing

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., June 02, 2025 (GLOBE NEWSWIRE) — Illumio Inc., the breach containment company, today announced a strategic integration with NVIDIA to help critical infrastructure organizations strengthen protections and advance their Zero Trust posture. The collaboration integrates the NVIDIA BlueField networking platform with Illumio’s breach containment platform, delivering robust security and operational efficiency across converged IT and Operational Technology (OT) environments.

    Critical infrastructure organizations can now deploy Illumio directly on NVIDIA BlueField, providing security teams with a comprehensive view of network dependencies and precise security controls at both the host and network level. Organizations can gain deep visibility into traffic, protect critical assets, and use NVIDIA BlueField DPUs as effective Zero Trust enforcement points, dramatically simplifying the protection of critical systems and ensuring operational continuity while meeting stringent compliance requirements. In the future, they will also be able to use Illumio’s AI-driven insights to identify risks and attacker patterns, enabling rapid detection of threats in ICS and OT environments.

    The collaboration comes amid rising threats and increased regulatory pressure globally to strengthen cyber resilience and reduce operational risk to OT infrastructure. Key benefits to organizations include:

    • Visibility and policy enforcement for traffic within and between IT and OT layers: Visualize all traffic to and from OT systems equipped with NVIDIA BlueField, using Illumio’s flexible labeling architecture to understand how systems communicate across the entire infrastructure. 
    • Rapid deployment of Zero Trust for critical infrastructure: Easily extend Zero Trust segmentation to OT and ICS environments, reducing deployment complexity, accelerating time to value, and containing breaches by mitigating lateral movement risks.
    • Improved compliance and operational resilience: Identify assets and threats, monitor traffic, and enforce security policies across converged IT/OT environments with no impact to system performance or architectural overhauls. Organizations get consistent and reliable microsegmentation across diverse environments without compromising uptime or resiliency.

    “The integration between Illumio and NVIDIA will significantly strengthen security for cyber-physical systems and bring us closer to achieving our vision of a world without cyber disasters,” says Todd Palmer, Senior Vice President of Global Partner Sales and Alliances, Illumio. “Critical infrastructure is under threat like never before. Together with NVIDIA, we’re making it easier for organizations to protect critical systems, ensure operational continuity, and meet stringent compliance requirements in an increasingly complex landscape.”

    “Cyber risks against critical infrastructure are more sophisticated and disruptive than ever, and lateral movement remains a key factor in successful attacks,” says Ofir Arkin, Senior Distinguished Architect for Cybersecurity at NVIDIA. “Integrating the Illumio and NVIDIA BlueField platforms enables organizations to enhance visibility and control across IT and OT networks, reduce risk, contain attacks, and strengthen operational resilience.”

    Recognized as a leader in The Forrester Wave™: Microsegmentation Solutions, Q3 2024, Illumio is a trusted, dedicated segmentation vendor in the NVIDIA partner ecosystem, delivering a robust cybersecurity platform dedicated to containing breaches. Built on an AI security graph, and comprising Illumio Insights (AI cloud detection and response) and Illumio Segmentation (Zero Trust Segmentation), the platform empowers organizations to identify risks, and contain threats instantly, enabling a Zero Trust strategy. 

    To witness the integration between Illumio and NVIDIA in action, visit the Illumio booth (E30) at Infosecurity Europe in London, happening from June 3–5. More information here: https://www.illumio.com/resources/events/infosec-2025

    About Illumio   
    Illumio is the leader in ransomware and breach containment, redefining how organizations contain cyberattacks and enable operational resilience. Powered by the Illumio AI Security Graph, our breach containment platform identifies and contains threats across hybrid multi-cloud environments – stopping the spread of attacks before they become disasters.

    Recognized as a Leader in the Forrester Wave™ for Microsegmentation, Illumio enables Zero Trust, strengthening cyber resilience for the infrastructure, systems, and organizations that keep the world running.

    Illumio Contact: comms-team@illumio.com  

    The MIL Network –

  • MIL-OSI Economics: Samsung Urges Customers to Activate Latest Anti-Theft Features to Help Tackle Phone Theft Crime

    Source: Samsung

    LONDON, U.K. – June 02, 2025: Samsung is today encouraging smartphone users across the UK to enable and update the latest anti-theft features available on Samsung Galaxy devices. This activity supports the UK Home Office’s ongoing work to drive new nationwide action to tackle mobile phone thefts.
     
    Samsung issued a public safety security message alert today, which will reach all over 40m Samsung Account holders in the UK this week, through customer communication channels and the Samsung Members platform.
     
    This outreach will be reinforced through UK social channels and Samsung has also committed significant marketing spend this week, launching an awareness campaign around the privacy features available on the Samsung Knox Security Platform. The privacy campaign will feature at Samsung’s Piccadilly Lights space, through OOH adverts in tube stations and train stations in central London and content across OLV, CTV and BVOD channels.
     
    Samsung recently started rolling out One UI 7 with security updates to existing features, including additional theft-protection and security delay anti-robbery features. These features will now also be available to even more devices, having starting with the launch of the Galaxy S25 series in February, and now rolling out to further Galaxy series smartphones throughout this year.
     
    Annika Bizon, Mobile Experience (MX) VP of Product and Marketing, UK&I at Samsung, spoke on the issue of phone theft: “Samsung is deeply committed to working closely with the Home Office on the issue of mobile phone theft and related crimes and we’re in constant collaboration with our partners across the industry, to look at new and existing solutions to help combat this complex issue and ultimately help improve the safety of mobile phone users.
     
    “Our recent One UI 7 update built further on existing protections with new anti-theft features such as identity check, biometric authentication and security delay, all featured in our latest Galaxy S25 series. These features have now also been rolled out into a range of models across our devices and further updates will follow. We must do everything we can to ensure the safety and security of our customers when they are using their mobile devices and we will continue to work hard to ensure our customers are aware of the wide range of security features available to them.”
     
    Samsung is introducing new security updates to better protect users in the event of phone theft. One critical update is Theft Protection – a multi-layered suite of features developed to safeguard personal data, even in high-risk situations such as robbery.
     
    Theft Protection builds on standard Android safeguards, which are effective in typical theft scenarios where the thief doesn’t know the PIN. With One UI 7, Samsung goes further by introducing additional protections that anticipate more serious threats, including cases where access credentials may have been exposed.
     
    Galaxy users can now enable a range of new security measures, including Identity Check, designed to offer stronger protection in complex theft scenarios. These features respond automatically and intelligently to suspicious activity, helping ensure that personal data remains secure and under the user’s control in these critical moments.
    Existing and updated features in Theft Protection include:
     

    Theft Detection Lock: Uses machine learning to detect motions associated with theft such as snatching, and instantly locks the screen to stop unauthorised access.
    Offline Device Lock: Automatically locks the screen if the device is disconnected from the network for an extended period, ensuring protection even when the device is offline.
    Remote Lock: If the device has already been stolen, users can lock it remotely using their phone number and a quick verification step. Remote Lock also allows users to regain control of their account and explore additional recovery options.

     
    New Anti-Robbery Features released on One UI 7 include:

    Identity Check: In unfamiliar locations, the ‘Safe Places’ feature requires biometric authentication for any changes to sensitive security settings, adding an additional layer of protection when a PIN may have been compromised.
    Security Delay: If a robber attempts to reset biometric data, a one-hour delay immediately gets activated before any changes take effect. This crucial buffer gives Samsung customers time to lock the stolen phone from a connected device, such as a PC or tablet, before unauthorised access can occur.

     
    These updated theft features are now becoming available on previous flagship devices, starting with the Galaxy S24 series, Galaxy Z Fold6, Z Flip6, Z Fold5, Z Flip 5, S23 and S22 series currently,  with future updates planned for even more Galaxy smartphones.
     
    To set up the latest anti-theft features, users in the UK can contact Samsung here:

    Visit: samsung.com/uk/support/contact
    Call us: 0333 000 0333
    Live Chat: samsung.com/uk/support/chat-members

     
    For guidance on setting up a Galaxy device with the latest anti-theft features, please visit:
    How to use security settings on your phone | Samsung UK
     
    —————————————————————————————————————————————————————————————————————————
     
    Further steps to take if your Samsung Galaxy device is lost or stolen
     
    How to remotely lock your Samsung Galaxy device:

    Sign into Samsung Find using your Samsung account
    Select your phone on the left-hand side of the page, then choose Lost Mode in the device details section
    Create a PIN to unlock your phone if recovered, and enter it twice to confirm
    You will have the option to add an emergency contact and a custom message that will display on the locked screen (It’s recommended to skip this step to avoid sharing personal contact details)
    When you are ready, select the Lock button and verify your Samsung account to activate Lost mode
    If your device is recovered, you can unlock it using the PIN that was created when setting lost mode on your device

     
    How to remotely delete data on your Samsung Galaxy device: 

    Visit the Samsung Find website
    Select the phone you want to erase and choose Erase Data
    Verify your Samsung account credentials

    Review the information provided and tap Erase to confirm

    All the data on your mobile, including Samsung Pay information, will be permanently deleted and cannot be recovered
    This will also reset your phone, meaning you won’t be able to locate and control it via Samsung Find
    Make sure to regularly back up your data to the cloud so you can restore it to a new device if needed

     
    How to remotely change your Samsung and/or Google account passwords: 

    It is recommended to change the passwords for your Samsung and Google accounts (or whichever accounts are linked to your device) by signing in through their respective websites
    Once changed, you will be signed out of all connected devices, except the one you’re using
    This prevents unauthorised access to account-linked features and protects your personal information

     
    How to track your Galaxy device:
    If your device is turned on and connected to Wi-Fi or mobile data, its last known location will appear on a map 

    Visit the Samsung Find website
    Sign in with the Samsung account associated with your device (or a guardian’s account)
    If multiple devices are linked to your account, they will all appear – select the one you want to locate
    You’ll see its current or last known location

     
    Other remote features available: 

    Ring: Make your device ring even if it’s set to silent or vibrate
    Extend battery life: Activate power-saving settings to keep your device on longer and improve the chances of recovery
    Track location: Enable real-time location tracking and your phone’s location will update every 15 minutes until tracking is stopped

     
    Other ways to locate Galaxy devices
     
    Find your phone using your Galaxy watch (WearOS 5 or higher):

    Swipe down from the top of your Galaxy Watch to open Quick settings
    Tap the Find My Phone icon
    Tap Start to begin the search – your phone’s ringtone will sound
    Once found, tap Stop on your watch or the X icon on your phone

     
    Find your Galaxy Watch: 

    Open the Galaxy Wearable app on your phone
    Tap Find My Watch (or Find My Band / Find My Gear, depending on your device)
    If connected via Bluetooth, tap Start
    Your watch will vibrate and play a sound (depending on model)
    Once found, tap the X icon on your watch or Stop on your phone

     
    Find your Galaxy Buds: 

    Open the Galaxy Wearable app on your phone or tablet
    Tap Find My Earbuds
    Tap Start – your earbuds will begin beeping and gradually increase in volume for three minutes
    Once found, tap Stop

     
    Using Google’s Find My Device:

    Google’s Find My Device is built into Android via Google Play Services
    You will need a Google account to use it
    With this tool, you can set a new password, make your device ring, display a message, lock and wipe your device, and more

     
    Contact the authorities and your mobile network provider: 

    Once taken the steps above, report your lost or stolen device to the police and record a crime incident report
    Contact your mobile network provider to freeze your contract and prevent unauthorized usage

     
    For additional device protection, it is recommended to have insurance that covers accidental damage, loss, or theft. Samsung offers a variety of protection plans – visit Samsung.com to explore coverage options that best suit your needs.

    MIL OSI Economics –

  • India Stands Out as Global Fintech Bright Spot as Credit Demand Surges

    Source: Government of India

    Source: Government of India (2)

    ndia has emerged as one of the most dynamic fintech markets globally, driven by a potent combination of digital public infrastructure (UPI, Aadhaar, Account Aggregator), a mobile-first population, and regulatory clarity, a report showed on Monday.

    Fintech-led digital lending grew at a 35 per cent CAGR in 2024, driven by rising credit demand, according to the report by QED Investors and Boston Consulting Group (BCG).

    Tools like UPI have enabled a wave of fintech innovation — from digital lending to payments to wealth — particularly benefiting underserved and unbanked populations. These enablers have accelerated innovation and financial inclusion at scale, making India a key focus for both global investors and domestic fintech players, said the report.

    India features among the top geographies poised for future fintech investment. Investors are encouraged to diversify capital into high-growth regions like India, with an emphasis on AI integration and disciplined scaling, it added.

    India’s affluent middle class, currently 31 per cent of the population, is projected to grow to 40 per cent (nearly 600 million) by 2031. This demographic shift is fuelling a surge in consumer demand for credit across the retail, consumption, and SME sectors.

    “India stands at a unique inflection point in the global fintech landscape. With a strong foundation in digital infrastructure like UPI, Aadhaar, Account Aggregator, and a tech-savvy, mobile-first population, the country has already shown how innovation can drive financial inclusion at scale,” said Sandeep Patil, Partner and Head of Asia at QED Investors.

    To win the next chapter, fintechs must pair innovation with disciplined execution.

    “That means building trust, demonstrating profitability, and navigating an evolving regulatory landscape with maturity. The Indian market is large, dynamic, and underpenetrated — well positioned to be one of the defining arenas for global fintech over the next decade,” Patil added.

    Globally, in 2024, fintech revenues grew by 21 per cent — up from 13 per cent in 2023 — marking a threefold acceleration over the financial services industry at large.

    “A class of scaled fintechs is coming of age. Investors are demanding greater maturity, and regulators want more accountability,” said Deepak Goyal, a Managing Director and Senior Partner at BCG.

    “Meanwhile, emerging disruptors are harnessing next-generation technologies like agentic AI and pioneering new business models, pushing established players to continuously innovate,” he added.

    (IANS)

  • MIL-OSI China: Critical thinking key to AI education, experts say

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

    A student takes online course at home in Beijing, capital of China, Feb. 17, 2020. [Photo/Xinhua]

    As intelligent digital transformation has dramatically reshaped higher education globally, universities must strengthen students’ competencies in critical thinking, creativity and ethical judgment to harness technological opportunities while addressing the risks, university presidents, professors and scholars said at a forum on Sunday.

    They made the remarks at the Global University Presidents Forum held at Southwestern University of Finance and Economics in Chengdu, Sichuan province.

    The forum, part of the university’s 100th anniversary celebrations, attracted presidents of over 100 universities from home and abroad. More than 30 experts delivered speeches on topics including intelligent digital transformation, innovation in global higher education and talent cultivation.

    Philip H. Dybvig, a professor at Washington University in St. Louis and 2022 Nobel Laureate in Economic Sciences, said reacting to AI is a challenge for universities at the moment, and it is a good example why students need to acquire both knowledge and critical thinking.

    Dybvig said, “Large language models such as ChatGPT and DeepSeek make a lot of tasks easier. However, to use LLMs most effectively, it will be essential to have knowledge of programming in general and knowledge of how they work in particular.”

    He emphasized that it will also be essential to use critical thinking to anticipate, identify and correct problems. “LLMs lack a moral filter and this must be provided by our students,” he added.

    Mary Gorman, vice-president for enrollment management and strategic academic initiatives at Baruch College, City University of New York, said that universities must prepare their students for a world that is not only rapidly changing but also increasingly reliant on AI-driven technologies.

    “To truly prepare our students for the digital era, we must weave AI into the fabric of our academic programs,” Gorman said, adding that the integration of AI into higher education must be guided by a strong ethical foundation.

    “We must teach students to critically evaluate when and how to use AI, and, crucially, when not to use it,” she said.

    To prepare students for workplace expectations, Gorman suggested universities adopt a phased approach to AI integration.

    “Early in their academic journey, students should focus on foundational skills — critical thinking, quantitative reasoning and ethical analysis,” she said. “Once these competencies are solidified, we can introduce AI as a tool for problem-solving and innovation.”

    Li Yongqiang, president of Southwestern University of Finance and Economics, emphasized that universities must adapt to the rapid evolution of intelligent science and technology by optimizing academic discipline structures.

    “We should place greater emphasis on cultivating AI literacy, deep learning capabilities, and future-oriented adaptability and creativity in students,” Li said, adding that universities should accelerate digital infrastructure development centered on data, computing power, disciplinary AI models and intelligent services.

    Universities must also be ready for the impact of intelligent digital transformation in fields including knowledge innovation, social interactions and institutional governance, he said.

    MIL OSI China News –

  • Russia and Ukraine step up the war on eve of peace talks

    Source: Government of India

    Source: Government of India (4)

    On the eve of peace talks, Ukraine and Russia sharply ramped up the war with one of the biggest drone battles of their conflict, a Russian highway bridge blown up over a passenger train and an ambitious attack on nuclear-capable bombers deep in Siberia.

    After days of uncertainty over whether Ukraine would even attend, President Volodymyr Zelenskiy said Defence Minister Rustem Umerov would meet Russian officials at the second round of direct peace talks in Istanbul on Monday.

    The first round of the talks more than a week ago yielded the biggest prisoner exchange of the war – but no sense of any consensus on how to halt the fighting.

    Amid talk of peace, though, there was much war.

    At least seven people were killed and 69 injured when a highway bridge in Russia’s Bryansk region, neighbouring Ukraine, was blown up over a passenger train heading to Moscow with 388 people on board. No one has claimed responsibility.

    Ukraine attacked Russian nuclear-capable long-range bombers at a military base deep in Siberia on Sunday, a Ukrainian intelligence official said, the first such attack so far from the front lines more than 4,300 km (2,670 miles) away.

    Ukraine’s domestic intelligence service, the SBU, acknowledged it carried out the attack, codenamed “Operation Spider’s Web,” planned for more than a year and a half.

    The intelligence official said the operation involved hiding explosive-laden drones inside the roofs of wooden sheds and loading them onto trucks that were driven to the perimeter of the air bases.

    A total of 41 Russian warplanes were hit, the official said. The SBU estimated the damage at $7 billion and said Russia had lost 34% of its strategic cruise missile carriers at its main airfields.

    Zelenskiy expressed delight at the “absolutely brilliant outcome,” and noted 117 drones had been used in the attack.

    “And an outcome produced by Ukraine independently,” he wrote. “This is our longest-range operation.”

    RUSSIA SAYS AIRCRAFT FIRES PUT OUT

    A Ukrainian government official told Reuters that Ukraine did not notify the United States of the attack in advance.

    Russia’s Defence Ministry acknowledged on the Telegram messaging app that Ukraine had launched drone strikes against Russian military airfields across five regions on Sunday.

    Air attacks were repelled in all but two regions — Murmansk in the far north and Irkutsk in Siberia – where “the launch of FPV drones from an area in close proximity to airfields resulted in several aircraft catching fire.”

    The fires were extinguished without casualties. Some individuals involved in the attacks had been detained, the ministry said.

    Russia launched 472 drones at Ukraine overnight, Ukraine’s air force said, the highest nightly total of the war. Russia had also launched seven missiles, the air force said.

    Russia’s military reported new drone attacks into Sunday evening, listing 53 attacks intercepted in a period of less than two hours, including 34 over the border Kursk region. Debris from destroyed drones triggered residential fires.

    Russia said it had advanced deeper into the Sumy region of Ukraine, and open source pro-Ukrainian maps showed Russia took 450 square km of Ukrainian land in May, its fastest monthly advance in at least six months.

    U.S. President Donald Trump has demanded Russia and Ukraine make peace and he has threatened to walk away if they do not – potentially pushing responsibility for supporting Ukraine onto the shoulders of European powers – which have far less cash and much smaller stocks of weapons than the United States.

    According to Trump envoy Keith Kellogg, the two sides will in Turkey present their respective documents outlining their ideas for peace terms, though it is clear that after three years of intense war, Moscow and Kyiv remain far apart.

    Russia’s lead negotiator, presidential adviser Vladimir Medinsky, was quoted by TASS news agency as saying the Russian side had received a memorandum from Ukraine on a settlement.

    Zelenskiy has complained for days that Russia had failed to provide a memorandum with its proposals.

    Russian Foreign Minister Sergei Lavrov spoke to U.S. Secretary of State Marco Rubio on prospects for a settlement and the forthcoming talks in Turkey, Lavrov’s ministry said.

    Putin ordered tens of thousands of troops to invade Ukraine in February 2022 after eight years of fighting in eastern Ukraine between Russian-backed separatists and Ukrainian troops. The United States says over 1.2 million people have been killed and injured in the war since 2022.

    In June last year, Putin set out opening terms for an immediate end to the war: Ukraine must drop its NATO ambitions and withdraw its troops from the territory of four Ukrainian regions claimed and mostly controlled by Russia.

    According to a copy of the Ukrainian document seen by Reuters with a proposed roadmap for a lasting peace, there will be no restrictions on Ukraine’s military strength after a deal is struck. Nor will there be international recognition of Russian sovereignty over parts of Ukraine taken by Moscow’s forces, and reparations for Ukraine.

    The document also stated that the current front line will be the starting point for negotiations about territory.

    (Reuters)

  • MIL-OSI USA: Garamendi Demands President Trump Prioritize U.S. Leadership in Nuclear Nonproliferation

    Source: United States House of Representatives – Congressman John Garamendi – Representing California’s 3rd Congressional District

    WASHINGTON, D.C. — This week, Representative John Garamendi (D-CA-08) led a bicameral letter expressing concern about President Trump’s understanding of the important role the United States plays in nuclear weapons safety and nonproliferation. This letter was co-led by the Nuclear Weapons and Arms Control Working Group Co-Chairs, Representative Don Beyer (D-VA-08), Senator Ed Markey (D-MA), and Senator Jeff Merkley (D-OR), along with Representative Lloyd Doggett (D-TX-37), Representative Bill Foster (D-IL-11), Representative Pramila Jayapal (D-WA-07), Representative Ilhan Omar (D-MN-05), Representative Jim McGovern (D-MA-02), and Representative Mike Thompson (D-CA-04).

    Nuclear nonproliferation refers to efforts to deter the spread of nuclear weapons. This happens via discouraging nuclear buildups by countries that already possess nuclear weapons and by working to prevent non-nuclear states from obtaining nuclear weapons.  

    A world with more nuclear weapons is a less safe world. By cutting funding for nonproliferation activities and firing professionals responsible for managing the United States nuclear weapons stockpile, the Trump administration has failed to demonstrate it appreciates this reality.

    In the letter, the lawmakers wrote, “Nonproliferation is not just about stopping the spread of nuclear weapons – it also includes securing and disposing of dangerous materials, preventing radioactive materials from falling into the wrong hands, and ensuring compliance with international nuclear agreements and export controls. This work is essential to safeguarding public safety, strengthening global oversight, and preventing nuclear accidents or terrorism.”

    “Nuclear proliferation is a significant threat to U.S. and global security. At this critical juncture, U.S. allies are reevaluating their non-nuclear status, driven in part by concerns that the U.S. may no longer be a reliable partner. A world with more nuclear weapons is one in which every minor conflict has the potential to cause mass casualties, and where terrorists will have more opportunities to attempt to seize nuclear materials and weapons in nuclear-armed countries. A steadfast U.S. commitment to global nuclear security is more crucial than ever.”

    “Underinvestment in nuclear security threatens research and workforce development programs focused on addressing national security challenges such as uranium enrichment, weaponization by foreign actors, the risks posed by artificial intelligence to nuclear security, and technical assistance to U.S. companies developing advanced nuclear reactors.”

    The letter requests the President provide answers to the following questions: 

    • You have stated clearly your intention to “de-nuclearize.” Will your administration prioritize efforts to secure arms control agreements and nuclear nonproliferation?  

    • Does your administration remain committed to the principles of the Nuclear Nonproliferation Treaty? Will you sanction or otherwise condemn any country that withdraws from the treaty to pursue a nuclear weapons program? 

    • Will your administration prioritize preventing uranium or other nuclear material from falling into the wrong hands? Will you commit to maintaining robust investments in global tracking and accounting for nuclear material? 

    • Which specific programs will be affected by the $185 million reduction of Defense Nuclear Nonproliferation account? Please provide details on specific programs and the amounts their funding will be reduced.  

    • How will the reduction of manpower and nonproliferation funding at NNSA impact its ability to prevent nuclear accidents or threats? 

    The full text of the letter can be found here and below.  

    Dear President Trump:

    We write to strongly urge your administration to prioritize nuclear nonproliferation, and to express concern that recent actions suggest a lack of appreciation for the vital role of U.S. leadership in these efforts.  

    Nonproliferation is not just about stopping the spread of nuclear weapons – it also includes securing and disposing of dangerous materials, preventing radioactive materials from falling into the wrong hands, and ensuring compliance with international nuclear agreements and export controls. This work is essential to safeguarding public safety, strengthening global oversight, and preventing nuclear accidents or terrorism.

    Your administration’s actions have signaled an underappreciation of critical nonproliferation work. These actions include the hasty firing of over 300 National Nuclear Security Administration (NNSA) employees overseeing the U.S. nuclear weapons stockpile in February and the redirection of $185 million from the NNSA’s Defense Nuclear Nonproliferation account in the recent full-year Continuing Resolution to the nuclear weapons activities account.  

    Reports also suggest your administration has suspended two key programs that provide vital assistance to international nuclear inspectors, including those monitoring Iran’s nuclear program. There are vacancies at several high-profile arms control and nonproliferation posts across the administration. The potential for large reductions in the workforce at the Department of Energy, including NNSA experts responsible for maintaining a safe and secure nuclear weapons stockpile, are cause for further concern.

    Nuclear proliferation is a significant threat to U.S. and global security. At this critical juncture, U.S. allies are reevaluating their non-nuclear status, driven in part by concerns that the U.S. may no longer be a reliable partner. A world with more nuclear weapons is one in which every minor conflict has the potential to cause mass casualties, and where terrorists will have more opportunities to attempt to seize nuclear materials and weapons in nuclear-armed countries. A steadfast U.S. commitment to global nuclear security is more crucial than ever.

    The 2024 Department of Defense Report on the Nuclear Employment Strategy states that “…deterrence alone will not address strategic dangers. Arms control, risk reduction, and nuclear nonproliferation are indispensable in preserving stability, enhancing predictability, deterring aggression and escalation, reducing the consequences if deterrence fails, and mitigating the risk of nuclear arms racing and nuclear war.”

    The Defense Nuclear Nonproliferation (DNN) account at NNSA, which is being cut by $185 million, funds essential programs that protect U.S. national security. One is the Office of Global Material Security (GMS), which works globally to prevent terrorists from acquiring nuclear or radioactive materials for attacks on the U.S. GMS also collaborates with international partners to secure nuclear materials and combat trafficking. In addition, the DNN account funds the Office of International Nuclear Safeguards, which ensures that countries comply with International Atomic Energy Agency agreements and do not divert nuclear materials to weapons programs or pursue undeclared nuclear activities.

    Underinvestment in nuclear security threatens research and workforce development programs focused on addressing national security challenges such as uranium enrichment, weaponization by foreign actors, the risks posed by artificial intelligence to nuclear security, and technical assistance to U.S. companies developing advanced nuclear reactors.  

    These actions raise serious concerns about your administration’s commitment to nuclear nonproliferation. As such, we respectfully request prompt answers to the following questions:

    • You have stated clearly your intention to “de-nuclearize.” Will your administration prioritize efforts to secure arms control agreements and nuclear nonproliferation? 

    • Does your administration remain committed to the principles of the Nuclear Nonproliferation Treaty? Will you sanction or otherwise condemn any country that withdraws from the treaty to pursue a nuclear weapons program?
    •  

    • Will your administration prioritize preventing uranium or other nuclear material from falling into the wrong hands? Will you commit to maintaining robust investments in global tracking and accounting for nuclear material?

    • Which specific programs will be affected by the $185 million reduction of Defense Nuclear Nonproliferation account? Please provide details on specific programs and the amounts their funding will be reduced.  

    • How will the reduction of manpower and nonproliferation funding at NNSA impact its ability to prevent nuclear accidents or threats?  

    To ensure international security, the United States must invest in more than just weapons. We cannot afford to abandon our commitment to nuclear nonproliferation or the technical and policy programs that support it. Prioritizing nonproliferation strengthens deterrence, reduces the risks of nuclear accidents or intentional use, promotes international cooperation, and allows for the peaceful and responsible use of nuclear energy.  

    In today’s rapidly changing global environment, the United States commitment to nonproliferation is vital. Continued investment in these efforts will advance international security, stability, and cooperation. For America to lead in creating a safer world, we must reaffirm and uphold our commitment to nuclear nonproliferation.

    ### 

    MIL OSI USA News –

  • MIL-OSI USA: House Foreign Affairs Ranking Members Meeks and Shaheen Issue Statement on the State Department Reorganization

    Source: United States House of Representatives – Congressman Gregory W Meeks (5th District of New York)

    Washington, D.C. – Today, Representative Gregory W. Meeks (D-NY), Ranking Member of the U.S. House Foreign Affairs Committee, and U.S. Senator Jeanne Shaheen (D-NH), Ranking Member of the U.S. Senate Foreign Relations Committee, released the following statement on the State Department reorganization:

    “The proposed changes to the State Department—and effectively USAID—we received this morning will be carefully weighed against the real costs to American security and leadership. As Russia and China open new embassies and recruit aggressively to increase their diplomatic presence, President Trump and Secretary Rubio are proposing significant cuts to an already strained and limited U.S. diplomatic corps. When America retreats – as it has under President Trump – China and Russia fill the void.

    “We welcome reforms where needed, but they must be done with a scalpel, not a chainsaw. This proposal hands over Afghan allies who fought side-by-side with our military to the Taliban. It guts programs meant to protect brave democracy defenders living in fear. It haphazardly moves what is left of our once prominent foreign assistance programs to Department entities with no experience dealing with such programs and accounts. It proposes the firing of thousands of national security experts without cause. Taken together, these moves significantly undercut America’s role in the world and open the door for adversaries to threaten our safety and prosperity. And we cannot ignore that the gutting of foreign assistance earlier this year occurred without Congress, with utter disregard and in violation of federal law and the constitution.

    “We will be scrutinizing these proposed reforms, and in no way believe one notification is enough.American jobs, lives, and national security are at stake. We look forward to Secretary Rubio coming before our Committees and engaging with Congress on the future of the State Department if he is serious about making the case for this proposal.”

    MIL OSI USA News –

  • MIL-OSI USA: House Foreign Affairs Committee Ranking Member Meeks, Jacobs Request GAO Review of Impacts of Trump Administration’s Illegal Dismantling of USAID and Termination of U.S. Foreign Assistance Programs

    Source: United States House of Representatives – Congressman Gregory W Meeks (5th District of New York)

    Washington, D.C. – Representatives Gregory W. Meeks, Ranking Member of the House Foreign Affairs Committee, and Sara Jacobs, Ranking Member of the Africa Subcommittee, today sent a letter requesting the U.S. Government Accountability Office (GAO) conduct a comprehensive review of the financial costs and strategic consequences of the Trump administration’s unlawful effort to subsume USAID into the State Department, and terminate thousands of State and USAID contracts, grants, and cooperative agreements. This review is critical for Congress to understand the costs of the Trump administration’s reckless termination of foreign assistance to the American taxpayer and to understand how these actions, which were taken without Congressional approval, may impact U.S. interests.

    Full text of the letter is below. A PDF is available here.

    Dear Mr. Dodaro,

    We are gravely concerned that the Trump Administration’s illegal dismantling of the United States Agency for International Development (USAID) and cancellation and termination of thousands of State and USAID contracts, grants, and cooperative agreements since January 20, 2025, has come at great direct and strategic cost to the U.S. Government (USG) in terms of U.S. global influence, money, and ability to conduct oversight of U.S. taxpayer-funded programs.

    It is vital for Congress to understand the full cost of these actions, including whether any savings have been realized or are expected in the future. The Trump Administration has indicated it will imminently transfer some USAID authorities and programs to the State Department; however, it is not clear that the State Department will have the capacity – including staff with the necessary skills and expertise – to execute these authorities and oversee these programs. As such, we request that GAO examine:
     

    1. The cost to the USG of canceling or terminating existing contracts, grants, or cooperative agreements at USAID and the State Department, both for overall department/agency operations and those associated with foreign aid programs, or litigation of the cancelations or terminations. What are the associated cost savings, both estimated and realized?
    2. The extent to which the State Department retains the capacity (including the proper workforce) to oversee the contracts, grants, or agreements for remaining foreign aid programs. To what extent is State taking steps to ensure adequate staff, with the appropriate skills and expertise, are available to perform monitoring and evaluation of the remaining foreign aid programs?
    3. The firing and hiring authorities and personnel process(es) the USG has used or will use to terminate USAID employees and what authorities and personnel process(es) are available to be used if USAID employees are rehired to perform similar functions at the State Department. What are the costs associated with terminating all USAID employees and possibly rehiring some of them at the State Department?
    4. The scope and nature of the impact of canceling foreign aid programs on U.S. foreign policy. To what extent and how does canceling these programs affect the USG’s influence and soft power around the world?

    The Committee would also like to understand the likely implications for the State Department’s facilities and operations from the termination of USAID employees and/or the cancelation of foreign assistance programs, including how the State Department is dealing with excess goods and materials and excess facilities around the world as a result of these terminations and cancelations. In particular, we would also like to know how the State Department plans to determine its staffing needs and strategically align its facilities to support new staffing patterns.

    Given these interests, we request GAO address the following questions:

    1. What is the process for dealing with excess property (goods and materials) as a result of canceled foreign aid programs? What costs are associated with moving, managing, or disposal of excess property? To what extent are goods and materials being sold, reused, or otherwise disposed of? What are estimated cost savings, if any? How much funding will this return to the U.S. Treasury?
    2. How much office space will USAID vacate because of staffing reductions or program cancelations? What are the State Department’s plans to reuse or dispose of this space? What are the costs and estimated cost savings of these efforts?
    3. How many overseas housing unit leases will the State Department terminate as a result of USAID or other staff reductions? How many will the State Department take over? What are the costs and potential cost savings associated with these terminations or assumption of leases?
    4. What are the State Department’s plans for reusing, repurposing, or disposing of vacant or underutilized space at embassies and consulates that are to be downsized or closed as a result of the closure of USAID? What are the costs and estimated cost savings of these efforts?

    Thank you for your prompt attention to this request.

    MIL OSI USA News –

  • MIL-OSI USA: Soto Announces Over $33.5 Million in FY25 Airport Infrastructure Grants for Orlando International Airport and Kissimmee Gateway Airport

    Source: United States House of Representatives – Representative Darren Soto (D-FL)

    The AIG program was created by the Infrastructure Law and provides $14.5 billion in funding over five years to be invested in runways, taxiways, safety and sustainability projects, as well as terminal, airport transit connections, and roadway projects

    ORLANDO, FL — Today, Congressman Darren Soto (FL-09) announced that Orlando International Airport and Kissimmee Gateway Airport will receive over $33.5 million in FY25 Airport Infrastructure Grants. The AIG program was created by the Infrastructure Law and provides $14.5 billion in funding over five years to be invested in runways, taxiways, safety and sustainability projects, as well as terminal, airport transit connections, and roadway projects. 

    “Thanks to our Infrastructure Law, we’ve helped secure millions in federal investments to modernize our airports—supporting safer, more efficient travel while meeting the demands of one of the fastest-growing regions in the country,” said Rep. Soto. “From upgraded runways to improved terminal access, these projects aren’t just about infrastructure—they’re about future-proofing Central Florida’s economic engine. With tourism as one of our region’s biggest drivers, investing in airport infrastructure means investing in jobs, local businesses, and the millions of visitors who fuel our economy every year.”

    Orlando International Airport will receive nearly $15 million to expand the existing Terminal C by over 203k square feet, over $12 million to expand an existing Terminal C apron by over 138k square yards to accommodate more aircraft operations, and $5 million to expand the existing Terminal C by over 203k square feet. This grant funds the Multi-Modal Connector Pedestrian Bridge. 

    “As an essential economic engine for the region, generating more than $41 billion in economic impact, Orlando International Airport appreciates Congressman Soto’s support to fund projects that will meet our near-term passenger demand,” said Greater Orlando Aviation Authority Chief Financial Officer Kathleen Sharman. “This and future funding will help the airport to elevate the passenger experience and enhance operations.”

    Kissimmee Gateway Airport will receive $1.5 million to reconstruct the existing lighting on Taxiway A that has reached the end of its useful life.

    “The Central Florida Airports are vital to our economy and ensuring infrastructure funding is critical to their efficiency and success,” said Kissimmee Gateway Airport Director of Aviation Shaun Germolus. “Congressman Soto recognizes this and has been a champion supporting very important projects at the Kissimmee Gateway Airport.”

    Earlier today, Rep. Soto was joined by GOAA Chief Financial Officer Kathleen Sharman, Kissimmee Gateway Airport Director of Aviation Shaun Germolus, Orange County District 4 Commissioner Maribel Gomez Cordero, and City of Kissimmee Mayor Jackie Espinosa at a press conference to highlight this funding.

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    MIL OSI USA News –

  • MIL-OSI USA: Scanlon, Raskin, Jayapal, Crockett, Nadler, Johnson, McBath Statement on DOJ Targeting of Representative McIver

    Source: United States House of Representatives – Congresswoman Mary Gay Scanlon(PA-5)

    Washington, D.C. — Congresswoman Mary Gay Scanlon (PA-05), Ranking Member of the House Judiciary Subcommittee on the Constitution, today joined Reps. Jamie Raskin (MD-08), Ranking Member of the House Judiciary Committee, Pramila Jayapal (WA-07), Ranking Member of the Immigration Integrity, Security, and Enforcement Subcommittee, Jasmine Crockett (TX-30), Ranking Member of the Oversight Subcommittee, Jerrold Nadler (NY-10), Ranking Member of the Subcommittee on the Administrative State, Regulatory Reform, Hank Johnson (GA-04), Ranking Member of the Subcommittee on Courts, Intellectual Property, Artificial Intelligence, and the Internet, and Lucy McBath (GA-07), Ranking Member of the Subcommittee on Crime and Federal Government Surveillance, in releasing the following statement in response to Justice’s (DOJ) unfounded targeting of Representative LaMonica McIver (NJ-10):

    “The targeting of Representative McIver is a blatant attempt to intimidate Members of Congress and to block our oversight of this administration’s actions, which have been enjoined more than 150 times by federal courts. We stand by Representative McIver’s exercise of her constitutional rights and duties. If you come for the legal rights of one of us, you come for the rights of all of us. 

    “Members of Congress have the right to conduct oversight, full stop — whether that’s holding Cabinet officials accountable or visiting Immigration and Customs Enforcement (ICE) facilities. Representative McIver was performing her proper oversight role, a role she was elected by the American people to do — and even participated in a one-hour tour after the incident occurred. 

    “Charging Members of Congress for doing our jobs is a dangerous precedent to set. It reveals the increasingly authoritarian nature of this Administration and its relentless, illegal attempts to suppress any dissent or oversight, including from judges, Members of Congress, and the American people, which check lawless executive power. Representative McIver has our full support, and we will do everything in our power to help fight this outrageous threat to our constitutional system.”

    Background:

    Section 527 of the Consolidated Appropriations Act, 2024 (Public Law 118-47) explicitly states that the Department of Homeland Security cannot prevent Members of Congress from “entering, for the purpose of conducting oversight, any facility operated by or for the Department of Homeland Security used to detain or otherwise house aliens […]. The law goes on to state that “Nothing in this section may be construed to require a Member of Congress to provide prior notice of the intent to enter a facility […] for the purpose of conducting oversight.”

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    MIL OSI USA News –