NewzIntel.com

Category: Artificial Intelligence

  • MIL-OSI Global: AI-controlled fighter jets may be closer than we think — and would change the face of warfare

    Source: The Conversation – UK – By Arun Dawson, PhD Candidate, Department of War Studies, King’s College London

    F-35 Lightning II combat jet. U.S. Air Force photo by Staff Sgt. Darlene Seltmann

    Could we be on the verge of an era where fighter jets take flight without pilots – and are controlled by AI? US R Adm Michael Donnelly recently said that an upcoming combat jet could be the navy’s last one with an pilot in the cockpit. That marks a striking, if not entirely surprising, shift in thinking about the future of aerial warfare.

    The US Navy is not alone. Other programmes to develop next generation fighter jets are also touting uncrewed options as a distinct possibility.

    However, we have been here before. Senior leaders in the US Navy said they believed the last crewed fighter jet had been procured in 2015. As far back as 1957, premature obituaries were being written for the fighter pilot era. So is there anything different now?

    The ability of a fighter jet to manoeuvre, accelerate, and maintain high speeds, crucial for air combat, is called kinematic performance. Estimates are as high as 80% on how much pilots reduce kinematic performance. Though this figure may be disputed, there is no question that uncrewed aircraft enjoy several key advantages.

    Without the need for life support systems such as ejection seats and oxygen supplies, these aircraft can perform in ways that are beyond the scope of piloted aircraft. But additional trends are pushing militaries to reconsider the role of the human pilot altogether.

    Systems enabled by artificial intelligence (AI) are already demonstrating superior performance in military exercises. In existing remotely piloted aircraft, a human operator remains in control. This model is known as “human-in-the-loop”. AI is now enabling the possibility of human-on-the-loop (where humans take a step back, supervising and intervening if necessary) and even “human-out-of-the-loop” systems (in which AI selects and engages targets autonomously).

    The latter category, while controversial, may offer decisive advantages. In scenarios where milliseconds matter, a fully autonomous system could outperform any human operator, to the extent that senior defence leaders have expressed a willingness to trust AI with lethal decision-making under certain conditions. Others add that autonomous systems could adhere more rigorously to the laws of armed conflict compared with a human operator.

    Unpiloted combat jets also offer potential financial savings. Fighter jets are expensive to build, operate and maintain, not least because of the training and equipment needed to support pilots. A 2011 study found that the life cycle cost of a surveillance drone was roughly half that of a comparable piloted platform. And cheaper aircraft are important because of the likely losses which will be inflicted on air forces in the event of a conflict with Russia or China.

    Another advantage of fully autonomous aircraft is risk mitigation. As Nato militaries grapple with a shortage of trained pilots for potential conflicts between states, uncrewed systems offer a way to restore the balance without putting lives at risk of death or capture.

    An F-16 Fighting Falcon undergoes modifications as part of the Venom autonomous fighter jet programme at Eglin Air Force Base, Florida.
    US Air Force / Samuel King Jr

    Therefore, one option for militaries is to expand the use of remotely piloted aircraft – drones similar to those deployed in Iraq and Afghanistan. Crucially, this would ensure humans maintain control over weapons use. The only difference with the present would be in making these systems the backbone of the fleet, rather than supplementary systems struggling to operate in hostile airspace. This would require upgrading them with state-of-the-art technologies like stealth. This helps fighters jets reduce their chances of being detected by the enemy’s radar and infrared (heat) sensors.

    A step up from this would be autonomous combat aircraft, carrying the advantages of on- or off-the-loop technologies. The US Air Force’s Project Venom is training AI in modified F-16 jets for eventual transfer to drones. These drones will operate alongside crewed aircraft, as part of mixed human and machine teams. But if this AI software was retained on the F-16s (or transferred to more advanced fighter jets), it could produce a squadron of autonomous jets just as capable as those piloted by humans.

    A more radical idea is to forgo traditional fighter jets altogether. Proponents of this vision imagine swarms of low-cost, expendable drones working together to overwhelm enemy defences. While current drones have limitations in range, payload, and labour requirements, true “swarming” could change the equation.



    Read more:
    How a new wave of fighter jets could transform aerial combat

    Current limitations

    So what is stopping militaries from pressing ahead with these options? A few things. AI isn’t ready, yet. Machine learning – a subset of AI where algorithms learn from experience – underpins all this. But it still struggles with the inherent ambiguity and creativity of war. Simply putting tyres on an aircraft can thwart computer vision – the field of AI that allows computers to interpret images and videos. So training AI to operate in the full range of possible combat situations is a mammoth task. In the words of one air force commander, “robotified warfare…is centuries away”.

    The US military has used AI agents to pilot the X-62A Vista aircraft.
    USAF / Kyle Brasier

    Another issue concerns communications, since remotely operated drone systems, especially interconnected, swarming ones, need data links. Given how much adversaries are investing in jamming these signals, designs may be pushed in opposite directions: either keeping a pilot onboard or embracing autonomy so the aircraft can keep fighting, even if it is cut off.

    Yet the real limit may be a fear of crossing the Rubicon. While the US and its allies have a de facto “no first use” policy on fully autonomous weapons, the demands of warfare against an enemy willing to use such systems may erode these norms.

    So, the navy’s statement is a warning: the age of the human fighter pilot might be ending. But it’s the next war that could make that decision for us.

    Arun Dawson 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. AI-controlled fighter jets may be closer than we think — and would change the face of warfare – https://theconversation.com/ai-controlled-fighter-jets-may-be-closer-than-we-think-and-would-change-the-face-of-warfare-254447

    MIL OSI – Global Reports –

  • MIL-OSI: Margarita Finance launches a first of its kind AI Investment assistant ‘Bartender’ to facilitate investing in DeFi

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, April 17, 2025 (GLOBE NEWSWIRE) — Margarita Finance, a next-gen DeFi platform, is proud to introduce the AI Bartender — a smart, conversational trading assistant designed to make decentralized finance (DeFi) radically easier and more accessible for everyone.

    Built natively on Solana and powered by Wormhole, the AI Bartender allows users to seamlessly trade, swap, and earn across chains without complexity.

    What is the Margarita AI Bartender?

    The AI Bartender is a powerful yet intuitive DeFi assistant that allows users to:

    • Request an investment product based on their preferred assets, risk and yield
    • Reduce the complexities of investing in DeFi
    • Bridge across other chains via Wormhole’s integration

    “We’re building a future where trading DeFi is as simple as going to order a zesty Margarita” said Margarita Co-Founder Matthias Wyss. “The AI Bartender breaks down the barriers that have kept many out of DeFi.”

    To mark the occasion of crossing 10,000 signups and 10,000 X followers, Margarita Finance is hosting a $10,000 “AI Bartender a Signup Event” giving early users the chance to test the AI Bartender, trade on-chain, and earn rewards. Users can participate here:

    The team secured a $1M in pre-seed round in late 2024 with backing from top-tier VCs and angels including:

    Jump Crypto
    Solana Ventures
    G20
    Tomahawk
    And many others

    They are currently raising a $4M seed round from top tier VCs, and are exploring a TGE for their native $MARG token in Q3.

    Margarita’s AI Bartender is one of the first real-world products to deeply integrate Wormhole for seamless crosschain access. Users can interact with DeFi apps across Solana, Ethereum, Arbitrum, and beyond — all from one intuitive interface.

    To learn more about Margarita Finance, join their Telegram, and follow these useful links:
    Website
    Twitter/X
    Telegram
    Zealy Quests

    Contact Info: Matthias Wyss
    Email: matthias@margarita.finance

    The MIL Network –

  • MIL-OSI Russia: SPbPU and Borlas Group: a new impetus for the development of additive technologies for Russian industry

    Translartion. Region: Russians Fedetion –

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

    Peter the Great St. Petersburg Polytechnic University and Borlas Group (part of Softline Group) signed a strategic partnership agreement to train students and specialists from industrial enterprises in technological innovations: the implementation of additive technologies, Russian engineering software, the use of AI tools; as well as to create engineering and production centers for additive laser technologies together with leading Russian industrial enterprises.

    Borlas Group and Peter the Great St. Petersburg Polytechnic University have agreed to develop long-term cooperation in the scientific, educational and innovative fields to train students and employees of industrial enterprises in the implementation of additive technologies, generative design, topological optimization in the design of products for 3D printing, the use of AI tools, integration with PLM systems and engineering software, as well as their readiness to participate in the creation of laser technology centers together with leading Russian industrial enterprises.

    “We are actively working on retraining and upgrading the qualifications of industrial specialists, taking into account the specialized areas in the field of modern and promising technologies. The use of additive technologies allows Russian enterprises to improve the quality of production, reduce material costs and project implementation times,” said SPbPU Rector Andrey Rudskoy. “The result of our cooperation with the Borlas Group should be high-quality professional training of university graduates, the creation of a personnel reserve of the enterprise from among young specialists with the relevant competencies in the field of high-tech production.”

    We are pleased to cooperate with the highly professional team of SPbPU as a strategic partner in the joint development of innovative technologies for leading industrial enterprises and the opportunity to thus contribute to the development and improvement of the efficiency of Russian industry. I am confident that our joint work will bring excellent results, – noted the President of the Borlas Group Alexey Ananyin.

    Peter the Great St. Petersburg Polytechnic University is one of the largest technical universities in the country with historically strong scientific schools, having undeniable results and achievements in scientific, educational and innovative activities. The strategic goal of SPbPU is the modernization and development of the university as a globally competitive scientific and educational center integrating multidisciplinary scientific research and world-class technologies and being one of the world’s leading universities.

    The Borlas Group has 30 years of successful experience in automating Russian industrial enterprises, with a staff of about 600 certified specialists with experience in developing and implementing the main classes of industrial software, including for critical information infrastructure facilities.

    The Softline Group of Companies has transformed from a provider of solutions in the field of digital transformation and information security into an investment and technology holding with a focus on innovation. Today, the Softline Group of Companies is a leader in a number of technology market segments, with more than 30 years of experience and a wide regional presence in Russia, Kazakhstan, Uzbekistan, Vietnam, Indonesia and the UAE.

    Over the past three years, more than 15 new companies have entered the GC perimeter, the product portfolio has significantly expanded due to innovative solutions in the field of artificial intelligence, laser technologies, cloud computing and information security. The number of employees has grown from 5 to 11 thousand people, more than half of whom are engineers and developers. Currently, Softline GC is forming several clusters, which will include both the current companies of the Group and those newly acquired as a result of M

    The Borlas Group is one of the founders and leading players in the information technology market in Russia and the CIS. For over 30 years, Borlas has been confirming its reputation as a reliable and professional partner, offering customers an individual approach and modern tools for solving current management problems: IT consulting, development and implementation of corporate information systems, business applications and product lifecycle management systems, construction of IT infrastructure and comprehensive security systems, as well as cloud services and functional and technical support for implemented solutions.

    Softline Group of Companies (PJSC Softline) is an investment and technology holding company, a leader in a number of technology market segments, with more than 30 years of experience and a broad regional presence in Russia, Kazakhstan, Uzbekistan, Vietnam, Indonesia and the UAE.

    PAO Softline is a public company, whose shares and bonds are traded on the Moscow Exchange (ticker – SOFL). The group focuses on new technologies and consists of several clusters:

    artificial intelligence and development of custom and mass-produced software; production of high-tech equipment, including computer systems and laser technologies; development of information security solutions; implementation of complex IT projects.

    Softline Group is a platform for consolidating IT companies and forming new IT clusters for their entry into capital markets and growth financing. Softline Group provides them with synergy by accessing its client base in the markets where it operates.

    The company has over 11,000 qualified employees, more than half of whom are engineers and developers. The company has over 100,000 clients from all sectors of the economy. Currently, Softline Group is one of the fastest growing companies in the industry with an average annual growth rate of over 30%. In 2024, its turnover exceeded 120.6 billion rubles.

    Photo archive

    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: UPDATE – ZA Miner Launches Free Cloud Mining Platform, Helping Users Earn Passive Income While Empowering Bitcoin and Dogecoin Enthusiasts in 2025

    Source: GlobeNewswire (MIL-OSI)

    Generate passive income through Zaminer’s cloud mining service.

    MIDDLESEX, United Kingdom, April 17, 2025 (GLOBE NEWSWIRE) — ZA Miner, a leading cloud mining provider, is excited to announce the launch of its free cloud mining platform, enabling Bitcoin (BTC) and Dogecoin (DOGE) enthusiasts worldwide to participate in crypto mining without any upfront investment or the need for expensive hardware.

    Innovating Cloud Mining for Global Access

    In response to the growing interest in cryptocurrency, ZA Miner is dedicated to making mining more inclusive. Unlike traditional methods that require costly equipment, ZA Miner’s cloud-based platform allows users to mine Bitcoin, Dogecoin, and Litecoin (LTC) effortlessly, without the need for hardware or high electricity costs. This model aligns with global pro-crypto policies and addresses the demand for accessible mining opportunities.

    Why Choose ZA Miner’s Free Cloud Mining Platform?

    ZA Miner operates from Middlesex, UK, leveraging energy-efficient mining facilities in regions like Kazakhstan and Iceland. These strategic locations optimize mining efficiency and sustainability, allowing the company to deliver a low-cost, high-output service to its users.

    By offering a risk-free mining experience, ZA Miner eliminates the technical barriers typically associated with crypto mining. New users are provided with a $100 free mining contract, enabling them to explore cloud mining without any financial commitment. For those looking to enhance their mining experience, ZA Miner also offers flexible contract options tailored to various investment goals.

    Flexible mining contracts from ZA Miner cater to all experience levels.

    Key Features of ZA Miner’s Cloud Mining Platform:

    • Free Mining Package – New users receive a $100 bonus to start mining immediately.
    • No Hardware Needed – Mine Bitcoin, Dogecoin, and Litecoin with no expensive equipment.
    • Daily Payouts – Earn consistent passive income with automatic distributions.
    • No Electricity Costs – Cloud infrastructure removes the need for costly electricity.
    • UK-Based & Compliant – Fully regulated to ensure credibility and security.
    • Robust Security – SSL encryption and DDoS protection safeguard user data and transactions.
    • Affiliate Program – Earn commissions by referring new users to the platform.

    Getting Started with ZA Miner

    • Sign Up – Register with an email address.
    • Claim Free Contract – Start mining with the $100 free contract.
    • Upgrade to Premium – Choose from various plans for higher earnings.

    As cryptocurrency adoption accelerates, ZA Miner is redefining access to cloud mining. By offering a risk-free entry point and competitive contracts, ZA Miner is empowering individuals to engage in the digital economy with ease and confidence.

    For more information, visit www.zaminer.com or follow ZA Miner on Twitter @zamining and YouTube @Zaminers.

    Media Contact:
    SHEIKH, Anisah Fatema
    ZA FUNDINGS LTD
    info@zaminer.com
    https://www.zaminer.com/

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3738e78d-c1a7-41c7-b8c4-7b7c6f10edfe

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9fba6dee-4df6-44b7-9b1f-9a3c87ce8a84

    The MIL Network –

  • MIL-OSI Economics: More big updates to Foundry today: o3 and o4-mini from OpenAI are both simul-shipping, delivering a leap forward in AI reasoning.

    Source: Microsoft

    Headline: More big updates to Foundry today: o3 and o4-mini from OpenAI are both simul-shipping, delivering a leap forward in AI reasoning.

    In 1590, Hans Lippershey built the first microscope—suddenly, we could see what had always been there, just beyond perception. Today, we’re releasing two new OpenAI models in Azure AI Foundry that do something similar for reasoning: o3 — Their most advanced model yet, strong in coding, math, science, and visual tasks o4-mini — Smaller, faster, and remarkably capable in technical domains, at lower cost For the first time, these models can independently use all #ChatGPT tools—browsing, #Python, image understanding, and generation—unlocking a new class of autonomous workflows. They don’t just see images—they reason with them. Upload a sketch, diagram, or even a blurry whiteboard, and the model integrates it directly into its problem-solving process. For developers: both models support parallel tool calling, available in the Responses and Chat Completions APIs. It’s a foundation for the next generation of agentic systems.

    MIL OSI Economics –

  • MIL-OSI Economics: o3 and o4-mini models now available on Azure OpenAI Service, a leap forward in AI reasoning

    Source: Microsoft

    Headline: o3 and o4-mini models now available on Azure OpenAI Service, a leap forward in AI reasoning

    We are thrilled to announce the availability of the latest iterations in the o* reasoning series: o3 and o4-mini models on the Microsoft Azure OpenAI Service.

    We are thrilled to announce the availability of the latest iterations in the o-series of models: OpenAI o3 and o4-mini models on Microsoft Azure OpenAI Service in Azure AI Foundry and GitHub. These models represent a significant leap forward in AI reasoning, offering enhanced quality, safety, and performance compared to their predecessors.

    Create custom AI-powered experiences

    Key features and enhancements

    Both o3 and o4-mini offer significant improvements on quality and safety while supporting the existing features of o1 and o3-mini and delivering comparable or better performance through its integration and support of the newest APIs and reasoning features.

    In addition, they introduce:

    • Multiple APIs support: Both models are available in Responses API and Chat Completions API with Responses API supporting seamless integration with multiple tools and enhanced transparency with the reasoning summary as part of the model output.
    • Reasoning summary: In the Responses API, both models now support reasoning summary in their output providing more insights into their thinking process. This enhances the explainability and the effectiveness of the resulting actions and tools that leverage the insights for even better outcomes.
    • Multimodality: With enhanced vision analysis capabilities in o3, and new vision support in o4-mini, both models expand their reasoning capabilities to process and analyze visual data, extracting valuable insights and generating comprehensive text outputs. This is supported in both Responses API and Chat Completions API.
    • Full tools support includes parallel tool calling: Both models are first reasoning models with full tools support like the mainline models including parallel tool calling. Customers can use these to build the next generation of agentic solutions. This capability is supported in both Responses API and Chat Completions API.

    New innovations in safety

    The o-series reasoning models use deliberative alignment, a training strategy that teaches reasoning models safety specifications and trains them to reason explicitly about these specifications before answering. Both o3 and o4-mini feature the next level of safety improvements within the o-series of models so you can use the power of these models knowing these models are pushing the frontiers on safety as well.

    New audio models available 

    Azure OpenAI Service has also introduced three powerful new audio models available for deployment today in East US2 on Azure AI Foundry: GPT-4o-Transcribe and GPT-4o-Mini-Transcribe, which are speech-to-text models outperforming previous benchmarks, and GPT-4o-Mini-TTS, a customizable text-to-speech model enabling detailed instructions on speech characteristics. Check out more on the Tech Community blog. 

    A new era in AI reasoning

    Imagine a world where AI reasoning is not just a tool but a partner in innovation. With the launch of o3 and o4-mini models, we are stepping into that world. These models are not just upgrades; they are gateways to new possibilities, enabling you to push the boundaries of what AI can achieve. Whether you’re solving complex problems, creating seamless workflows, or exploring new frontiers in AI, o3 and o4-mini are here to elevate your journey. Embrace the future of AI reasoning with Azure OpenAI Service and let your imagination soar. Sign up to use o3 and o4-mini in Azure AI Foundry today.

    MIL OSI Economics –

  • MIL-OSI: RISA Labs Raises $3.5M to Eliminate Treatment Delays with AI-Powered Workflow Automation in Oncology

    Source: GlobeNewswire (MIL-OSI)

    Palo Alto, April 17, 2025 (GLOBE NEWSWIRE) — Cancer patients don’t just fight the disease – they fight the system. Today, life-saving treatments are routinely delayed by days or even weeks due to manual, error-prone workflows. To solve this, RISA Labs has raised a $3.5M funding round to help healthcare organizations eliminate one of the most persistent barriers to timely cancer care: prior authorization delays. RISA Labs has already proven that faster care is possible by dramatically reducing manual workflows and administrative burden.

    The seed was led by Binny Bansal (Flipkart co-founder) with participation from Oncology Ventures, General Catalyst, z21 Ventures, ODD BIRD VC, and Ashish Gupta. The capital will accelerate deployments in the next 100 cancer centers across the country within the next two years. 

    RISA founders: Kumar Shivang and Kshitij Jaggi.

    “Prior authorizations remain one of the least automated parts of our healthcare system,” said Ben Freeberg, Managing Partner at Oncology Ventures. “In oncology, the stakes are higher. 70% of cancer patients experience delays in care because of prior authorization requirements. In 33% of those cases, the delay is one month—a time window that can increase the risk of death by 13% in certain cancer types. The current system isn’t just inefficient – it’s dangerous.”

    RISA’s platform—Business Operating System as a Service (BOSS) – is not another automation bot or AI assistant. It’s a full-stack orchestration engine built for the vertical complexity of healthcare, Instead of relying on humans to push paperwork or brittle bots that break when systems change, BOSS decomposes complex workflows into micro-tasks, then delegates them to a network of intelligent agents—LLMs, digital twins, and reinforcement learners, extending across an institution’s entire software stack. This allows BOSS to create a parallel digital workforce, operating on behalf of teams and alongside them. A 1,000-person institution can function like a 2,000-person one overnight, with digital agents making up half the workforce.

    “We’ve had Windows, we’ve had Linux, we’ve had Mac, each OS helped humans extract more from machines. But now, we’re drowning in software. There’s too much of it, and a shortage of skilled labor to operate it. Software that was supposed to get work done has become work itself,”  Kshitij Jaggi, co-founder and CEO of RISA Labs adds. “BOSS is an AI OS designed for the post-ChatGPT era : where work is no longer about learning tools, but simply expressing intent.”

    At a leading US cancer center, BOSS reduced prior authorization times from 30 minutes to under five. In just a few months, it processed over $1 million in medications, freed up 80 percent of staff time, and cut administrative costs by 66 percent.

    “Cancer care is time sensitive. Every delay in treatment can affect outcomes. Prior authorizations continue to slow us down. What RISA is building is not just smart technology. It removes barriers so our teams can move faster and stay focused on what matters most: caring for patients,” said Dr. Jeffrey Vacirca, CEO of New York Cancer and Blood Specialists.

    Based in Silicon Valley, RISA is founded by IIT Kanpur alumni and repeat founders, Kshitij Jaggi (CEO) and Kumar Shivang (CTO) who’ve been friends for more than a decade now,  who’ve previously built and scaled Urban Health. Their frustration with fragmented, slow, and error-prone healthcare workflows during that journey inspired the duo to take a systems-first approach, leading them to develop a foundational AI operating system that can simulate, understand, and orchestrate entire institutional workflows from end to end.

    “BOSS is low-entropy system design to bring flow state in system-2 thinking for LLMs; it aims to maximise AI agents’ usefulness for critical problems like oncology operations,” said Kumar Shivang, co-founder & CTO of RISA. “Its orchestration layer then turns that intelligence into precise, real-time execution with integrations with systems of record like Flatiron Health’s EMR.”

    RISA’s founding team first explored these concepts through research, co-authoring ‘Digital Twin Ecosystem in Oncology Clinical Operations’—an early effort to envision smarter, AI-driven cancer care workflows. This foundational work laid the conceptual groundwork that later translated into tangible improvements in real-world oncology operations.

    RISA’s platform signals a broader shift in enterprise AI. “As AI agents unbundle the $4.6 trillion services industry, RISA’s BOSS leads the way—proven in oncology and built to scale,” said Binny Bansal, co-founder of Flipkart and lead investor.”

    Looking ahead, RISA plans to extend across multiple nodes within the oncology ecosystem, positioning itself as the AI transformation partner for both operational and clinical workflows. This includes enabling coordination and intelligence across providers, life sciences organizations, and other stakeholders throughout the journey of a drug – extending the company’s long term vision to building a unified layer for AI-driven orchestration in oncology.

    Ends

    Media images can be found here. 

    About RISA Labs
    RISA Labs is a Palo Alto-based oncology AI company behind BOSS, at the heart of which is the dynamic orchestration engine for mission-critical operations. Founded by Kshitij Jaggi and Kumar Shivang, repeat entrepreneurs and IIT Kanpur alumni, RISA’s platform leverages agentic AI, digital twins, and LLMs to deconstruct complex workflows into micro-tasks and execute them with unprecedented efficiency. Starting with oncology prior authorizations.

    The MIL Network –

  • MIL-OSI: Creatd Subsidiary Flyte Launches AI-Powered Travel Booking Platform

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) — Creatd’s (OTC: CRTD) wholly-owned subsidiary Flyte, formerly known as Flewber, today announced the official launch of its AI-powered platform for private travel—bringing together technology, operational efficiency, and customer-focused design across two live offerings, Flyte Luxe and Flyte Hops, with a third vertical, Flyte Escapes, coming soon. The new platform is live at https://www.flyte.travel.

    The launch marks a key milestone in Creatd’s broader strategy to acquire high-potential businesses and scale them through centralized infrastructure across finance, compliance, logistics, and technology. With Flyte, that strategy is being applied to the air mobility space—creating a modern, AI-enabled platform built to serve both travelers and providers in a more efficient, scalable way.

    Flyte integrates:

    • Flyte Luxe, the company’s global charter offering, designed for discerning travelers seeking white-glove service and premium aircraft access;
    • Flyte Hops, a regional air taxi service operating across the Northeast aboard the Cirrus Vision Jet, delivering short-haul efficiency through modern, eco-conscious aircraft;
    • and Flyte Escapes (coming soon), a curated luxury travel experience that pairs private flights with premium resorts, villas, and exclusive lifestyle experiences, all tailored for high-net-worth travelers.

    On the front end, Flyte uses AI to enhance the booking experience—offering real-time pricing, personalized recommendations, and seamless trip planning. On the back end, AI-driven operational workflows have been implemented to automate and streamline booking, coordination, and support—solving for a traditionally labor-intensive process in private air travel.

    “Flyte is purpose-built for today’s traveler—intuitive, intelligent, and designed for ease,” said Marc Sellouk, CEO of Flyte. “We’ve eliminated the friction that’s long defined this space, while building a platform that can scale with sophistication behind the scenes.”

    Flyte is now one of a few companies in the air mobility space operating with this level of technical and operational integration—and is actively expanding its footprint through strategic acquisitions. By equipping its platform with centralized systems and shared services, Flyte is positioned as a destination for both travelers and boutique private brokerages seeking infrastructure and scale.

    “What we’re building is more than a front-end experience. It’s a full-stack operational engine,” said Justin Maury, COO of Creatd. “Flyte is not only transforming how travelers book private flights but transforming how this entire industry operates.”

    Flyte is now live as a progressive web app (PWA) on iOS and Android, with native mobile apps launching next quarter. The platform is currently accepting bookings across Flyte Luxe and Flyte Hops, with Flyte Escapes expected to launch later this year.

    About Creatd, Inc.
    Creatd, Inc. is a publicly traded holding company that focuses on investments and operations across technology, media, advertising, and consumer sectors. By leveraging its expertise in structured finance and acquisitions, Creatd identifies and nurtures opportunities within small-cap companies, driving growth and innovation across its diverse portfolio. For more information, join Creatd’s public investor Slack channel or visit https://www.creatd.com/–

    About Flyte
    Flyte is an air mobility company redefining private air travel through AI-powered infrastructure and user-centered design. Flyte operates Flyte Hops, a regional air taxi service, as well as Flyte Luxe, a premium global charter service. Flyte will soon launch Flyte Escapes, a luxury travel experience. Learn more at https://www.flyte.travel/–

    Contact:

    ir@creatd.com

    Forward-Looking Statements: This statement includes forward-looking statements, which are based on current expectations, beliefs, and assumptions about future events and are subject to uncertainties and risks that could cause actual results to differ materially. These statements often contain terms like “expected,” “anticipated,” and “estimated.” Factors influencing future outcomes are unpredictable and may emerge over time. We do not commit to updating any forward-looking statement post its publication date. Our SEC filings provide further details and risk disclosures.

    The MIL Network –

  • MIL-OSI: VelocityEHS Joins National Safety Council TechHub Marketplace

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 17, 2025 (GLOBE NEWSWIRE) — VelocityEHS, the global leader in EHS & ESG software solutions, is proud to announce its inclusion in the NSC TechHub Marketplace, a new online directory from the National Safety Council (NSC) designed to help companies easily find and connect with trusted safety technology providers.

    The TechHub Marketplace streamlines the process for businesses seeking technology solutions tailored to their unique safety risks.

    Organizations can browse provider listings, filter results by technology type, hazard focus, use applications, and access insights from partners and sponsors, including white papers, case studies, webinars, and more, all on the latest advancements in workplace safety.

    “Our mission at VelocityEHS is to simplify complex EHS challenges through innovative technology,” said Matt Airhart, CEO of VelocityEHS. “By joining the NSC TechHub Marketplace, we’re making it easier for organizations to discover and implement cutting-edge solutions that enhance workplace safety and sustainability.”

    “At NSC, we work closely with companies to identify technologies that reduce risk in their workplaces,” said Emily Whitcomb, Director of Innovation at the National Safety Council. “With the TechHub Marketplace, we can now take employers through the next logical step—connecting them with top-tier technology providers. This is a game-changer in our mission to save lives.”

    How VelocityEHS Helps Organizations Solve Safety Challenges

    VelocityEHS provides businesses with intuitive, data-driven solutions to proactively manage risk, protect employees, and improve overall workplace health and safety. The Ergonomics Solution, highlighted in the NSC TechHub Marketplace, support EHS professionals in building safer, more sustainable workplaces:

    • AI-Powered Ergonomics: Many workplace injuries stem from poor ergonomics. Velocity’s motion-capture AI technology helps businesses identify risks before they become injuries, enabling early intervention and continuous improvement. This innovation has earned VelocityEHS a perfect 3.0/3.0 score for Ergonomics in the Verdantix 2025 EHS Green Quadrant analysis.
    • Patented Innovation: VelocityEHS holds multiple U.S. patents for its pioneering use of AI and machine learning in Ergonomics software. These include breakthrough methods for root-cause analysis, natural language processing, and computer vision techniques, allowing organizations to quickly analyze worker exertion levels from simple video footage.

    Additional VelocityEHS Capabilities

    In addition to the TechHub-listed offerings, VelocityEHS delivers a broader range of capabilities, some include:

    • The VelocityEHS Accelerate® Platform: A unified suite of solutions that simplifies how companies manage Safety, Ergonomics, Chemical Management, and Operational Risk—helping them stay compliant and reduce incidents with greater efficiency.
    • Market-leading Chemicals Management Software: Recognized by independent research firm Verdantix for its advanced technology, enabling medium- to high-risk companies to streamline chemical management workflows and exceed compliance requirements.
    • AI-Powered Contractor Safety Feature: A groundbreaking feature that automates contractor verification processes, flags risks, and provides intelligent recommendations. This solution helps ensure compliance with safety standards while reducing administrative burden—delivering up to 70%-time savings over traditional contractor management methods.

    To learn more about VelocityEHS, visit www.EHS.com.

    Learn more about the NSC TechHub Marketplace at www.nsc.org/techhub.

    About VelocityEHS 

    Relied on by more than 10 million users worldwide to drive operational excellence and achieve outstanding outcomes, VelocityEHS is the global leader in true SaaS enterprise EHS & ESG technology. The VelocityEHS Accelerate® Platform is the definitive gold standard, delivering best-in-class software solutions for managing Safety, Ergonomics, Chemical Management, and Operational Risk. In addition, Velocity offers world-class applications for Contractor Safety & Permit to Work, Environmental Compliance, and ESG.

    The VelocityEHS team includes unparalleled industry expertise, with more certified experts in health, safety, industrial hygiene, ergonomics, sustainability, the environment, AI, and machine learning than any other EHS software provider. Recognized by the EHS industry’s top independent analysts as a Leader in the Verdantix 2025 Green Quadrant Analysis, VelocityEHS is committed to industry thought leadership and to accelerating the pace of innovation through its software solutions and vision. Its privacy and security protocols, which include SOC2 Type II attestation, are among the most stringent in the industry. 

    VelocityEHS is headquartered in Chicago, Illinois, with locations in Ann Arbor, Michigan; Tampa, Florida; Oakville, Ontario; London, England; Perth, Western Australia; and Cork, Ireland. For more information, visit www.EHS.com.  

    About the National Safety Council

    NSC is America’s leading nonprofit safety advocate – and has been for 110 years. As a mission-based organization, we work to eliminate the leading causes of preventable death and injury, focusing our efforts on the workplace, roadway, and impairment. We create a culture of safety to not only keep people safer at work but also beyond the workplace so they can live their fullest lives.

    Media Contact 
    Jennifer Sinkwitts 
    jsinkwitts@ehs.com 

    The MIL Network –

  • MIL-OSI: OvationCXM New Research: Business Banking Customers Face Onboarding Hurdles

    Source: GlobeNewswire (MIL-OSI)

    TIBURON, Calif., April 17, 2025 (GLOBE NEWSWIRE) — OvationCXM, a global leader in customer experience management (CXM), today announces the findings of the 2025 Business Banking Customer Experience Report, an in-depth look at the experiences and expectations of business banking customers across the U.S.

    Business banking customers are clearly voicing their frustrations, and this comprehensive study of over 800 business owners underscores the severity. A staggering 41% report significant pain from interacting with multiple people and organizations to resolve a single issue, while another 45% are plagued by long wait times and delayed responses. The report pinpoints a primary driver of this dissatisfaction: fragmented customer journeys stemming from siloed technology and disjointed functional teams. Addressing this underlying issue presents significant opportunities to drive more revenue, enhance customer satisfaction, reduce churn, and improve crucial onboarding and activation journeys.

    More Survey Highlights:

    • Just 31% of businesses said onboarding was seamless.
    • 25% abandoned onboarding and never used the banking product they signed up for.
    • 56% have to interact with 2–3 teams to resolve a single issue.
    • 91% are asked to repeat information to different people in the bank constantly.
    • 41% of businesses expect their bank or credit union to resolve issues within 24 hours; 82% will move on if their problem isn’t resolved in three days.
    • 38% want proactive product recommendations, but only 44% feel their financial provider strongly understands their needs.
    • 60% of businesses are comfortable using AI chat and voice bots for banking, but a significant minority remain reluctant.

    “Our 2025 Business Banking CX Report confirms what banking clients tell us — decade-old legacy systems and data silos make it nearly impossible to provide seamless experiences to customers,” said Alfred Kahn IV, CEO and founder of OvationCXM. “They’re telling us loud and clear that the fragmented experiences caused by internal and external partner silos are no longer acceptable. As the report shows, personalization isn’t a luxury; it’s an expectation. Operational chaos must be resolved through the strategic implementation of journey orchestration. This report isn’t just data; it’s a mandate for banks to break down walls and truly deliver on the promise of a customer-centric experience.”

    Journey Orchestration as a Competitive Advantage

    The research underscores the critical need to thread valuable customer interaction data points across the bank’s ecosystem (internal systems, departments, and third-party partners) into one enterprise view using journey orchestration technology. Institutions can then act on the insights using AI-led journey-building tools to reduce customer frustration and delays. The business outcomes are reduced attrition, increased revenue, stronger customer loyalty and improved insights into how best to meet customer needs.

    To access the full 2025 Business Banking Customer Experience Report, visit here.

    About OvationCXM

    OvationCXM is the premier customer journey orchestration platform that is purpose-built to help banks, credit unions, payment providers and others in the banking industry simplify and optimize customer experiences. OvationCXM enables banking providers and their ecosystem partners to create seamless onboarding and support journeys by aggregating uncoordinated data stored in a variety of systems in real time and leveraging AI to extract insights that optimize operations. By bridging gaps between systems, teams, and external partners, OvationCXM empowers financial providers to deliver personalized and proactive customer service at speed and scale. To learn more, visit www.ovationcxm.com.

    Media Contact:

    Sherri Schwartz        
    OvationCXM
    Head of Marketing
    sherri.schwartz@ovationcxm.com
    (757) 650-9854

    The MIL Network –

  • MIL-OSI Economics: Samsung Launches Galaxy M56 5G, Segment’s Slimmest Smartphone in India

    Source: Samsung

     
    Samsung, India’s largest consumer electronics brand, today announced the launch of the Galaxy M56 5G, the slimmest smartphone in its segment. The latest addition to the popular Galaxy M series offers users a superior smartphone experience with Gorilla Glass Victus+ protection on both the front and back, a 50MP Triple camera with OIS and 12 MP Front HDR camera and advanced AI editing tools.
     
    “As part of our unwavering commitment to delivering meaningful innovations, we are proud to announce the Galaxy M56 5G — a powerful blend of style, durability, and performance like never before. It’s the slimmest phone in its segment, yet built to last, featuring Gorilla Glass Victus+ protection on both the front and back, making it the toughest M series phone ever. Whether you’re capturing memories with the Front HDR camera or exploring creative possibilities with advanced AI editing tools, the Galaxy M56 5G, with its power-packed features, is designed to redefine the smartphone experience,” said Akshay S Rao, Director, MX Business, Samsung India.

    Premium Design and Display
    With a premium glass back and metal camera deco, Galaxy M56 5G brings a refreshing and premium design upgrade to the Galaxy M Series. Being the slimmest in the segment, Galaxy M56 5G is only 7.2mm slim and will feature Corning® Gorilla® Glass Victus® protection on both front and back—making it as tough as it is sleek. Featuring a 6.7” Full HD+ Super AMOLED+ display, Galaxy M56 5G offers consumers stunning visuals and an elevated viewing experience. The large display comes with 1200 nits of High Brightness Mode (HBM) and Vision Booster technology ensuring users effortlessly enjoy their favourite content even under bright sunlight. The 120Hz refresh rate makes scrolling through social media feed a breeze for tech-savvy Gen-Z and millennial customers. Galaxy M56 5G will come in two mesmerizing colours – Light Green and Black.

    Advanced Photography
    Galaxy M56 5G comes with a 50MP OIS triple camera to shoot high-resolution and shake-free videos and photos, eliminating blurred images caused by hand tremors or accidental shakes. It features flagship-grade 12MP HDR front camera for rich and vibrant selfies. Galaxy M56 5G will enable users to record 4K 30 FPS videos in 10-bit HDR, capturing a wide range of colours for true-to-life output. The cameras are designed for vivid photos and videos—even in low light, thanks to its Big Pixel Technology, Low Noise Mode and AI ISP taking its Nightography to a different level. The camera system also features Portrait 2.0 with 2X zoom on the rear camera which enables crisp and natural bokeh effect. It will also feature advanced AI-powered editing tools like object eraser, edit suggestions that make every shot social-ready.

    Monster Processor
    Galaxy M56 5G is powered by 4nm based Exynos 1480 processor with LPDDR5X making it fast and power-efficient, allowing users to multi-task smoothly. The processor delivers a monster mobile gaming experience with its flagship level vapor cooling chamber along with high-quality audio and visuals. With the ultimate speed and connectivity of 5G, users will be able to stay fully connected wherever they go, experiencing faster downloads, smoother streaming, and uninterrupted browsing.

    Monster Battery with Fast Charging
    Galaxy M56 5G packs in 5000mAh battery that enables long sessions of browsing, gaming and binge watching. Galaxy M56 5G allows users to stay, connected, entertained and productive without interruption. Galaxy M56 5G supports 45W super-fast charging giving more power in less time.

    Galaxy Experiences
    Setting new industry benchmarks, Galaxy M56 5G will offer segment’s best 6 generations of Android upgrades and 6 years of security updates, ensuring a future-ready experience. Galaxy M56 5G will come with One UI 7 out of the box. One UI 7 comes with a simple, impactful and emotive design, bringing streamlined and cohesive experience to Galaxy users. A simplified home screen, redesigned One UI widgets and lock screen allow users to intuitively and seamlessly customize their devices.
    For added convenience, Now Bar provides real-time updates that matter most right on the lock screen. So, during a morning run, users can easily check their progress and see what song is playing in your Galaxy Buds — all with a simple swipe, without unlocking their phone. Additionally, with deeper Google Gemini integration, controlling the device is as easy as speaking to a friend.
     
    Galaxy M56 5G will also feature one of Samsung’s most innovative security features: Samsung Knox Vault. The hardware-based security system offers comprehensive protection against both hardware and software attacks.
     
    Product
    Variant
    Introductory Price
    Offers
     
    Galaxy M56 5G
    8GB+128GB
    INR 24999
    Including INR 3000 Instant Bank Discount
    8GB+256GB
    INR 27999
    Including INR 3000 Instant Bank Discount

    MIL OSI Economics –

  • MIL-OSI Global: Popular AIs head-to-head: OpenAI beats DeepSeek on sentence-level reasoning

    Source: The Conversation – USA – By Manas Gaur, Assistant Professor of Computer Science and Electrical Engineering, University of Maryland, Baltimore County

    DeepSeek’s language AI rocked the tech industry, but it comes up short on one measure. Lionel Bonaventure/AFP via Getty Images

    ChatGPT and other AI chatbots based on large language models are known to occasionally make things up, including scientific and legal citations. It turns out that measuring how accurate an AI model’s citations are is a good way of assessing the model’s reasoning abilities.

    An AI model “reasons” by breaking down a query into steps and working through them in order. Think of how you learned to solve math word problems in school.

    Ideally, to generate citations an AI model would understand the key concepts in a document, generate a ranked list of relevant papers to cite, and provide convincing reasoning for how each suggested paper supports the corresponding text. It would highlight specific connections between the text and the cited research, clarifying why each source matters.

    The question is, can today’s models be trusted to make these connections and provide clear reasoning that justifies their source choices? The answer goes beyond citation accuracy to address how useful and accurate large language models are for any information retrieval purpose.

    I’m a computer scientist. My colleagues − researchers from the AI Institute at the University of South Carolina, Ohio State University and University of Maryland Baltimore County − and I have developed the Reasons benchmark to test how well large language models can automatically generate research citations and provide understandable reasoning.

    We used the benchmark to compare the performance of two popular AI reasoning models, DeepSeek’s R1 and OpenAI’s o1. Though DeepSeek made headlines with its stunning efficiency and cost-effectiveness, the Chinese upstart has a way to go to match OpenAI’s reasoning performance.

    Sentence specific

    The accuracy of citations has a lot to do with whether the AI model is reasoning about information at the sentence level rather than paragraph or document level. Paragraph-level and document-level citations can be thought of as throwing a large chunk of information into a large language model and asking it to provide many citations.

    In this process, the large language model overgeneralizes and misinterprets individual sentences. The user ends up with citations that explain the whole paragraph or document, not the relatively fine-grained information in the sentence.

    Further, reasoning suffers when you ask the large language model to read through an entire document. These models mostly rely on memorizing patterns that they typically are better at finding at the beginning and end of longer texts than in the middle. This makes it difficult for them to fully understand all the important information throughout a long document.

    Large language models get confused because paragraphs and documents hold a lot of information, which affects citation generation and the reasoning process. Consequently, reasoning from large language models over paragraphs and documents becomes more like summarizing or paraphrasing.

    The Reasons benchmark addresses this weakness by examining large language models’ citation generation and reasoning.

    How DeepSeek R1 and OpenAI o1 compare generally on logic problems.

    Testing citations and reasoning

    Following the release of DeepSeek R1 in January 2025, we wanted to examine its accuracy in generating citations and its quality of reasoning and compare it with OpenAI’s o1 model. We created a paragraph that had sentences from different sources, gave the models individual sentences from this paragraph, and asked for citations and reasoning.

    To start our test, we developed a small test bed of about 4,100 research articles around four key topics that are related to human brains and computer science: neurons and cognition, human-computer interaction, databases and artificial intelligence. We evaluated the models using two measures: F-1 score, which measures how accurate the provided citation is, and hallucination rate, which measures how sound the model’s reasoning is − that is, how often it produces an inaccurate or misleading response.

    Our testing revealed significant performance differences between OpenAI o1 and DeepSeek R1 across different scientific domains. OpenAI’s o1 did well connecting information between different subjects, such as understanding how research on neurons and cognition connects to human-computer interaction and then to concepts in artificial intelligence, while remaining accurate. Its performance metrics consistently outpaced DeepSeek R1’s across all evaluation categories, especially in reducing hallucinations and successfully completing assigned tasks.

    OpenAI o1 was better at combining ideas semantically, whereas R1 focused on making sure it generated a response for every attribution task, which in turn increased hallucination during reasoning. OpenAI o1 had a hallucination rate of approximately 35% compared with DeepSeek R1’s rate of nearly 85% in the attribution-based reasoning task.

    In terms of accuracy and linguistic competence, OpenAI o1 scored about 0.65 on the F-1 test, which means it was right about 65% of the time when answering questions. It also scored about 0.70 on the BLEU test, which measures how well a language model writes in natural language. These are pretty good scores.

    DeepSeek R1 scored lower, with about 0.35 on the F-1 test, meaning it was right about 35% of the time. However, its BLEU score was only about 0.2, which means its writing wasn’t as natural-sounding as OpenAI’s o1. This shows that o1 was better at presenting that information in clear, natural language.

    OpenAI holds the advantage

    On other benchmarks, DeepSeek R1 performs on par with OpenAI o1 on math, coding and scientific reasoning tasks. But the substantial difference on our benchmark suggests that o1 provides more reliable information, while R1 struggles with factual consistency.

    Though we included other models in our comprehensive testing, the performance gap between o1 and R1 specifically highlights the current competitive landscape in AI development, with OpenAI’s offering maintaining a significant advantage in reasoning and knowledge integration capabilities.

    These results suggest that OpenAI still has a leg up when it comes to source attribution and reasoning, possibly due to the nature and volume of the data it was trained on. The company recently announced its deep research tool, which can create reports with citations, ask follow-up questions and provide reasoning for the generated response.

    The jury is still out on the tool’s value for researchers, but the caveat remains for everyone: Double-check all citations an AI gives you.

    Manas Gaur receives funding from USISTEF Endowment Fund.

    – ref. Popular AIs head-to-head: OpenAI beats DeepSeek on sentence-level reasoning – https://theconversation.com/popular-ais-head-to-head-openai-beats-deepseek-on-sentence-level-reasoning-249109

    MIL OSI – Global Reports –

  • MIL-OSI: Haivision Showcases Haivision Command 360 Video Wall Solution for Operation Centers at InfoComm 2025

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, April 17, 2025 (GLOBE NEWSWIRE) — Haivision (TSX: HAI), a leading global provider of mission-critical, real-time video networking and visual collaboration solutions, will exhibit its unrivalled product portfolio at InfoComm 2025, booth 675, from June 11–13 in Orlando, Florida.

    Deployed and trusted worldwide, Haivision’s mission-critical video solutions for video walls, IPTV, and ultra-low latency video are leveraged by organizations to enhance collaboration, support decision-making, and engage audiences. At InfoComm 2025, Haivision will showcase the following technologies:

    • Video Wall Solution for Operation Centers: Haivision Command 360, the award-winning video wall solution for operation and command centers, combines a powerful video processor, dynamic KVM capabilities, and intuitive centralized management to deliver enhanced situational awareness and real-time decision-making.
    • Ultra-Low Latency Live Video Over Any Network: Haivision’s world-leading ultra-low latency video contribution solutions, including the Makito X4 video encoder and the newly introduced Falkon X2 mobile video transmitter, are designed for capturing and sending high-quality, live video over any network for live broadcasting and multi-camera remote productions.
    • IPTV Video Distribution: Haivision Media Platform provides a flexible and scalable solution for multi-site corporate communications and IPTV, high-capacity live video monitoring and recording, and highly secure video delivery to browsers, set-top boxes, and mobile devices.

    “From our Haivision Command 360 video wall solution to our ultra-low latency streaming technologies, we’re proud to present the latest advancements in our mission-critical video ecosystem,” said Marcus Schioler, Vice President of Marketing at Haivision. “We look forward to engaging with our customers and partners and demonstrating how our innovations are transforming the enterprise and AV industries.”

    Visit Haivision at InfoComm 2025, booth 675, to learn how its latest technologies can support your mission-critical video workflows, strengthen situational awareness, and drive operational efficiency. To book a meeting with a Haivision expert at InfoComm, visit: Join us at InfoComm 2025.

    About Haivision

    Haivision is a leading global provider of mission-critical, real-time video networking and visual collaboration solutions. Haivision’s connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision-making. Haivision provides high-quality, low-latency, secure, and reliable live video at a global scale. Haivision open-sourced its award-winning SRT low-latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. To learn more, visit Haivision at www.haivision.com.

    Jennifer Gazin
    514.334.5445 ext 8309
    jgazin@haivision.com

    The MIL Network –

  • MIL-OSI: Sustainability Roundtable, Inc. Achieves B Corp™ Certification, Demonstrating Leadership in Purpose-Driven Business

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, April 17, 2025 (GLOBE NEWSWIRE) —  Sustainability Roundtable, Inc. (SR Inc) proudly announces that it is now a Certified B CorporationTM (B Corp™), joining a global community of businesses that meet high standards of social and environmental impact, performance, accountability, and transparency. This prestigious certification, granted by B Lab™, affirms SR Inc’s commitment to using business as a force for goodTM.

    B Corp™ certification is awarded to businesses that meet rigorous criteria in areas such as environmental impact, employee well-being, community engagement, and positive contributions to customers’ lives. SR Inc particularly excelled in governance standards, reflecting its strong dedication to stakeholders, recently affirmed by its Public Benefit Corporation (PBC) status. With this certification, SR Inc showcases its commitment to driving economic change and its unwavering focus on meeting rising social and environmental standards.

    “Building on the support we received from our shareholders that enabled SR Inc to become a Public Benefit Corporation earlier this year, becoming a certified B Corp™ further demonstrates SR Inc’s deep commitment to leading with purpose. Doing both in 2025 brings home how we are growing our roots deeply into the purpose we share with our world-leading clients,” said Jim Boyle, CEO and founder of SR Inc. “At SR Inc, we’re energized by our mission to accelerate the growth and implementation of best practices in more sustainable business to help align business with life. By exceeding stringent B Lab™ standards, we demonstrate to all our stakeholders that we’re not just advocates for change – we are change.”

    SR Inc’s Sustainable Business & Enterprise Roundtable (SBER) played a key role in its B Corp™ achievement as it was recognized as an Environmental Education Impact Business Model (IBM). SR Inc’s strategic advisory and support services arm, SBER helps executives set goals, drive progress, and report results in more sustainable leadership. SBER’s IBM status underscores SR Inc’s high operational performance standards, its capacity to drive business-critical corporate sustainability education, and its ability to drive positive Member-Client outcomes.

    SR Inc recently achieved its goal of helping clients cause one gigawatt (GW) of new renewable energy by 2025 – made possible through its Net Zero Consortium for Buyers (NZCB), an invitation-only, confidential renewable energy buyers’ community that opens utility-scale aggregated procurements to enterprises that cannot access them alone. SR Inc’s clients have made the NZCB the leading platform servicing businesses in North America and Europe. Now, backed by the globally recognized B Corp™ certification, SR Inc is further poised to achieve its goal of helping clients cause 10 GW of new clean energy at home and abroad through 2030.

    The B Impact Assessment™ is designed to evaluate a company’s impact on all stakeholders – workers, customers, communities, and the environment – not just shareholders. Companies must score at least 80 points to attain certification, and those scores are made publicly available to ensure transparency. To maintain certification, companies must complete the assessment and verification process every three years, proving continued alignment with B Lab™ standards, which are continually refined with input from industry experts.

    For more information about SR Inc and its commitment to positive social and environmental change, visit www.sustainround.com.

    About SR Inc

    SR Inc is a for-profit Public Benefit Corporation and certified B Corp™ missioned to accelerate the growth and adoption of best practices in more sustainable business to help align business with life. SR Inc’s Sustainable Business & Enterprise Roundtable (SBER) provides strategic advisory and support in enterprise decarbonization. SR Inc’s Net Zero Consortium for Buyers (NZCB) is a confidential buyers’ community committed to creating corporate buyer-favorable renewable energy transactions, which SR Inc clients have made the leading platform for aggregated procurements of utility-scale clean energy. In doing so, SR Inc clients are helping the NZCB democratize the financial, environmental, and human health benefits of utility-scale clean energy.

    About the B Corp™ Movement

    The B Corp™ movement is a global ok movement of People Using Business as a Force for Good®. Together, they are shifting the economic system from profiting only the few to benefitting all, from concentrating wealth and power to ensuring equity, from extraction to regeneration, and from prioritizing individualism to embracing independence.

    Media Contact
    FischTank PR
    srinc@fischtankpr.com

    Other Inquiries
    Sarah Lehan
    sarahlehan@sustainround.com

    The MIL Network –

  • MIL-OSI: Tenable Wins AI Security Category in the 2025 Cybersecurity Excellence Awards

    Source: GlobeNewswire (MIL-OSI)

    COLUMBIA, Md., April 17, 2025 (GLOBE NEWSWIRE) — Tenable®, the exposure management company, today announced that Tenable Vulnerability Management was named the AI-Powered Vulnerability Management category winner for the 2025 Cybersecurity Excellence Awards.

    Tenable Vulnerability Management is an industry-leading AI-powered solution designed to help organizations proactively identify, assess and remediate vulnerabilities across an expanding attack surface. Leveraging machine learning, advanced analytics and the power of Nessus technology, it provides unmatched visibility into security risks, helping customers identify emerging threats.

    “At Tenable, we’re innovating our use of AI to empower our customers to improve efficiencies and focus more resources on preventing successful attacks,” said Steve Vintz, co-chief executive officer and chief financial officer, Tenable. “Winning the AI-Powered Vulnerability Management award reinforces our commitment to helping customers identify and remediate risk wherever it exists with greater speed, accuracy and efficiency.”

    Tenable has introduced several standout AI security capabilities in its suite of exposure management solutions, including:

    • Tenable Vulnerability Priority Rating (VPR) – patented machine learning drives dynamic risk scoring that helps organizations prioritize and take action on the vulnerabilities that pose the greatest risk specific to their business. VPR analyzes Tenable proprietary vulnerability data, third-party vulnerability data and threat data to effectively and efficiently measure risk.
    • Tenable ExposureAI – generative AI capabilities and services within its Tenable One Exposure Management Platform enable faster analysis, decision-making and guidance, cutting through the complexity to stay ahead of attackers. Tenable’s exposure data lake is the world’s largest repository of contextual exposure data, fueling the capabilities of Tenable ExposureAI.
    • Tenable AI Aware – advanced AI and large language model (LLM) detection capabilities are designed to rapidly surface shadow AI, AI/LLM development, and any associated vulnerabilities with remediation guidelines. AI Aware provides exposure insight into AI applications, libraries and plugins so organizations can confidently expose and close AI risk, without inhibiting business operations.

    Stop by the Tenable booth (N-6155) at RSA Conference 2025 or book a meeting with Tenable executives to learn more about Tenable’s AI-powered exposure management solutions.

    At RSA Conference, Tenable’s co-chief executive officer and chief operating officer, Mark Thurmond, will give a keynote address on Wednesday, April 30 at 3:35 pm PT. His keynote will outline the future of risk reduction through exposure management to proactively identify and stop vulnerabilities before they become data breaches.

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

    Media Contact:
    Tenable
    tenablepr@tenable.com

    The MIL Network –

  • MIL-OSI: Orchid Security Appoints Former Wiz Executive as Chief Revenue Officer to Fuel Next Phase of Growth

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) — Orchid Security, on a mission to cut through the complexity of identity and access management (IAM), announced that Trish Cagliostro has joined the company as Chief Revenue Officer (CRO) to lead its introduction to the market and build on its early Fortune 1000 customers.

    Cagliostro most recently served as the Vice President of Channels and Alliances at Wiz, where she built the global partner organization behind the company’s lightning fast journey to $100 million in ARR in 18 months and $350 million within its first four years. This momentum led to a $32 billion acquisition by their strategic partner Google. Cagliostro brings a “partner first and only” approach to form the foundation of go-to-market at Orchid Security.

    “I see many parallels between Orchid’s situation and the early days of Wiz, which is one of the main factors that attracted me to this opportunity,” said Cagliostro. “The identity space is now at an inflection point demanding a fundamentally new approach. Just as Wiz harnessed cutting edge technologies like graph databases to reshape cloud security, I see Orchid poised to do the same for IAM.”

    Orchid is leveraging new technologies including OpenTelemetry-powered identity observability and Generative AI / Large Language Model (LLMs) identity flow assessment to bring an application-centric approach to identity. These advances enable organizations to continuously discover and enable identity security, automate legacy manual processes, reduce costs, free up developer time and strengthen security posture.

    “No longer will enterprises be dependent on humans, whether in-house or outsourced, to assess each new application for expected identity controls or each new identity tool for integration with every existing application…over and over and over again,” said Cagliostro. “Instead, Orchid Security automates and accelerates these manual processes to speed up the deployment of new IAM tools and give organizations a complete and continuous view of their true identity security posture and the ability to close identity exposures.”

    As one example, consider Identity Governance and Administration (IGA)- on which organizations spent $3 billion last year according to Gartner. The average project takes 42 months, costs more than $1million and still remains incomplete. Industry experts estimate average IGA coverage at only 9%.

    By contrast, Orchid Security enables organizations to complete such projects in just four months, at a fraction of the cost and with significantly higher coverage. “Reducing project durations while delivering better results is a huge win for partners who can now show immediate value instead of being bogged down in the same project year after year,” said Cagliostro.

    Orchid exited stealth just four months ago with an impressive $36 million seed round and is seeing very strong market traction.

    “We see a clear opportunity ahead—from our inception via Team8’s company-building model to early Fortune 500 customer adoption, all signs point to strong product-market fit,” said Roy Katmor, CEO and co-founder of Orchid Security. “Now, it’s all about execution and scaling. Companies proved that with the right timing, team, and product—backed by a solid plan and execution—extraordinary growth is possible. We believe we’re in a similar position and are thrilled to bring in someone with the first-hand experience to help us reach that next level.”   

    With roughly $5 billion spent on IAM-related services alone each year, partners are an essential part of any identity project, whether as advisors, architects or implementors. Recognizing their critical role, Orchid Security is all-in on the channel as its route to market, with 100% of the business flowing through partners.

    “The fact that the founders at Orchid Security appointed an established channel leader like myself to head the entire sales organization should tell you everything you need to know about our commitment to our channel,” said Cagliostro.

    For more information on Orchid Security visit https://www.orchid.security. To hear more from Trish, read her welcome blog.

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3879cfa1-332f-4fee-a39b-e7cc1425ce7b

    The MIL Network –

  • MIL-OSI: Micron Announces Business Unit Reorganization to Capitalize on AI Growth Across All Market Segments

    Source: GlobeNewswire (MIL-OSI)

    BOISE, Idaho, April 17, 2025 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), a leader in innovative memory and storage solutions, today announced a market segment-based reorganization of its business units to capitalize on the transformative growth driven by AI, from data centers to edge devices.

    Micron has maintained multiple generations of industry leadership in DRAM and NAND technology and has the strongest competitive positioning in its history. Micron’s industry-leading product portfolio, combined with world-class manufacturing execution enables the development of differentiated solutions for its customers across end markets. As high-performance memory and storage become increasingly vital to drive the growth of AI, this Business Unit reorganization will allow Micron to stay at the forefront of innovation in each market segment through deeper customer engagement to address the dynamic needs of the industry.

    Micron will begin transitioning to this new business structure immediately. The transition will be complete early in the company’s fiscal fourth quarter, which begins on May 30, 2025. Micron will report financial results under the new business structure starting with the fourth quarter of fiscal year 2025. The four business units will be:

    • Cloud Memory Business Unit (CMBU): Focused on memory solutions for large hyperscale cloud customers, and high-bandwidth memory (HBM) for all data center customers. Raj Narasimhan, Senior Vice President and General Manager, who has led the Compute and Networking Business Unit (CNBU), will lead CMBU.
    • Core Data Center Business Unit (CDBU): Focused on memory solutions for OEM data center customers and storage solutions for all data center customers. Jeremy Werner, Senior Vice President and General Manager, who has led the Storage Business Unit (SBU), will lead CDBU.
    • Mobile and Client Business Unit (MCBU): Focused on memory and storage solutions for mobile and client segments. Mark Montierth, Corporate Vice President and General Manager, who has led the Mobile Business Unit (MBU), will lead MCBU.
    • Automotive and Embedded Business Unit (AEBU): Focused on memory and storage solutions for the automotive, industrial and consumer segments. Kris Baxter, Corporate Vice President and General Manager, who has led the Embedded Business Unit (EBU), will lead AEBU.

    All four business units will continue to report to Sumit Sadana, Executive Vice President and Chief Business Officer.

    “This reorganization completes our evolution to a market segment-focused business unit structure, with exciting AI-led growth opportunities in every business unit,” said Sumit Sadana, EVP and Chief Business Officer at Micron Technology. “This structure sharpens our ability to partner deeply with customers and build on our tremendous portfolio momentum with differentiated solutions for all end markets.”

    About Micron Technology, Inc. 
    Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com. 

    © 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners. 

    Micron Media Relations Contact 
    Mark Plungy
    +1 (408) 203-2910
    mplungy@micron.com

    Micron Investor Relations Contact
    Satya Kumar
    +1 (408) 450-6199
    satyakumar@micron.com   

    The MIL Network –

  • MIL-OSI Economics: Energy Efficient Living: Smart Homes, Smarter Choices

    Source: Samsung

    Smarter living is on everyone’s minds these days, and Samsung is designing its appliances and devices to help you save time, energy and money. With seamless SmartThings integration across our portfolio, you can take better control of your smart home to improve daily routines, cut down on energy costs and make a positive impact on our planet.
    From our SmartThings technology to the devices and appliances themselves, here’s how you can start doing “just one thing” to make sustainable living second nature.
    How to Lower Energy Consumption & Costs
    Smart home technology has revolutionized energy conservation–and the SmartThings app allows your tech to work together to lower energy use (and your energy bills, too). Explore these tips to start living smarter:
    1. Connect your appliances and devices to the Samsung SmartThings app. SmartThings helps you monitor your energy usage and utilize routines and automations like a pro – making things like preparing for a dinner party a breeze.
    2. Activate SmartThings Energy to discover which devices use the most energy and receive regular tips to help make smarter decisions about how and when you run your appliances. Did you know that the carbon emissions from using or charging your smart home devices vary throughout the day? You can also see your carbon emissions data based on your home’s electricity usage so you can make more informed choices.
    3. Turn on AI Energy Mode. Many of our smart devices, such as our refrigerators, TVs, washers and dryers, have AI intelligence built in, allowing you to use AI Energy Mode in the SmartThings app to analyze your energy usage patterns and intelligently reduce your energy consumption, making a difference for both the environment and your electricity bill. For example, you can activate AI Energy Mode on your Samsung TV and it will adjust brightness in real-time to match the lighting in your space. Our TVs can also recognize when you haven’t been in the room for a while (more than two hours) and lower their brightness automatically.

    4. Earn Rewards for Saving Energy. SmartThings is now giving out Samsung Rewards Points for saving energy! Accrue energy stamps that convert to Samsung Rewards for every 400wh of energy saved. Eligible users can also enroll in Flex Connect to earn $50 in Samsung Rewards for saving energy when the grid is strained.
    5. Set up energy-saving routines and control your devices remotely. Use the SmartThings routines feature to automatically set when and how your appliances and devices function. The app will even tell you if you leave a device on while you’re away — and allow you to turn it off from anywhere.
    To help get you started, we’re sharing a special Earth Day-themed SmartThings routine. Simply scan the QR code below to kick start your day with a message from your Samsung soundbar and keep your home running efficiently all day long.

    With over 600 ENERGY STAR-certified products across our portfolio, including 95% of Samsung dishwashers, 91% of our refrigerators, 55% of electric ranges and 49% of laundry products, we’re here to help make energy savings simple.
    And whether you’re looking to start enjoying energy savings or clear out your pre-loved tech drawer, Samsung makes it easy to responsibly recycle your old devices. Since 2012, we have collected over 1.4 billion pounds of e-waste in the U.S. alone, and this Earth Month, we invite you to join us on the journey. Explore our 1,700+ e-waste drop-off locations from coast to coast to feel good about saying goodbye to your tech.
    For more ways to do just one thing this Earth Month and beyond, follow us on Instagram, Facebook, and YouTube for tips and tricks about reducing your energy consumption and download SmartThings Energy to make the most out of your appliances’ and devices’ energy use.
    Visit Samsung.com for more on sustainability at Samsung.

    MIL OSI Economics –

  • MIL-OSI Economics: Samsung TV Plus Expands Market Lead with Nearly 700 Channels, and Now Boasts the #1 Linear Offering in the U.S.

    Source: Samsung

    Samsung TV Plus, the #1 streaming service1 on the world’s #1 TV brand for 19 consecutive years2 continues to set the industry benchmark for FAST (Free Ad-supported TV) with an unparalleled offering of nearly 700 channels now streaming in the U.S.—more than any of the other major FAST platforms3. The curated line-up includes more than 100 exclusive channels and delivers a differentiated and expansive offering of premium entertainment across all key categories including live sports, music, kids, Spanish language, K-Content, award-winning films, and popular TV shows. Plus, comprehensive local news coverage in 114 DMAs that keeps audiences informed.
    The ability of Samsung TV Plus to drive audience engagement at scale is undeniable. Announcing 88 million monthly active users in 2024, the service achieved record-breaking growth that continues in abundance today with engagement in Q1 2025 having surged by over 30% year-over-year. In addition to continued investment in its linear offering, Samsung TV Plus has amplified its focus on on-demand and has added over 70% more shows and movies to its library, resulting in an impressive 177% year-over-year increase in hours viewed. While reaching new heights in the U.S., the Samsung TV Plus global service offering has expanded to include over 3,500 channels.
    Everything to Stream, No Subscription Required
    What began nearly a decade ago as a small offering of linear channels for U.S. audiences has evolved into the industry’s leading FAST service – delivering exclusive and premium content to streamers in 30 countries around the globe. A steady drumbeat of partnerships with dozens of major studios, media companies, and sports leagues – such as Disney, Lionsgate, Paramount, A&E, NBC and MLB – has brought tens of thousands of hours of entertainment to the platform, while continuous innovations in the delivery, accessibility and personalization of the service have enabled the seamless discovery and enjoyment of truly great content by tens of millions of users worldwide.
    “With Samsung TV Plus, we’ve transformed what streaming can be by offering premium, personalized entertainment at a scale no other FAST service can match,” said Salek Brodsky, Senior Vice President and General Manager at Samsung TV Plus. “This year, we’re deepening that commitment by delivering even more high-quality content, richer viewing experiences, and greater variety of programming to ensure audiences always have something exceptional to watch.”

    All the Audiences Brands Love
    In addition to its unmatched reach, Samsung TV Plus is popular among key advertiser demographics – including Gen Z, Millennials, Gen X, and 18-49–resonating with both brands and content producers looking to effectively reach audiences at scale. Samsung Ads’ innovative ad solutions allow brands to capitalize on high impact moments across the consumer journey, from reaching audiences with Contextual Audience Collectives built around top-performing content genres, to interactive shoppable and actionable ad experiences designed to drive outcomes.
    According to Michael Scott, Vice President and Head of Ad Sales and Operations for Samsung Ads, “Samsung TV Plus’ robust content offering delivers even more opportunities for advertisers to reach their most desirable audiences by powering our AI-driven contextual offering. With Samsung TV Plus, brands and agencies can connect with their most important audiences in relevant, brand-safe environments to yield deeper connections and measurable outcomes.”
    As the #1 streaming app on Samsung devices, Samsung TV Plus is in a unique position to connect and enrich advertisers, content creators, and viewers. 2025 is about building on Samsung’s fertile landscape for engaged audiences with high-quality content, thoughtful and intuitive user experiences, and even more ways to discover and consume the best streaming has to offer.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Extra £4.4 million UKSPF funding for community organisations, good causes and to support skills and development

    Source: City of Stoke-on-Trent

    Published: Thursday, 17th April 2025

    Local organisations, good causes and the city’s ongoing Centenary celebrations are all set to benefit from a multi-million-pound funding boost.

    The Government’s UK Shared Prosperity Funding (UKSPF) scheme has been extended to the end of March 2026 – with the city council allocated a further £4.4 million to distribute for the next 12 months.

    If approved by Cabinet on 29th April – and pending the signing of a Memorandum of Understanding with the Government – the money will be used for a raft of projects.

    Some £500,000 will go towards extending a crackdown on anti-social behaviour which has helped make Stoke-on-Trent a safer, cleaner city.

    There will be support for Ford Green Hall and Etruria Industrial Museum, and small grants to support the city’s vital hospitality and tourism sectors.

    The city council will also expand a Money MOTs scheme to help people claim money they are entitled to – it has already helped identify around £4 million in unclaimed benefits since it was launched 18 months ago.

    UKSPF funds will also support a masterplan to transform the city centre and drive economic growth.

    Other projects include

    • A new worker to keep city-centre streets clean and tidy;

    • Arts projects to brighten up the city – including street art and canal side murals;

    • Small grants for community events to attract new visitors;

    • Support for innovation among small businesses and social enterprises;

    • Extending the Inclusive Employability Hub, which supports people to find work;

    • Fully-funded adult maths courses to improving numeracy skills;

    • AI-focused training to allow people to benefit from new technologies and open up new job opportunities;

    • Skills Hubs to support small businesses to upskill their workers.

    The projects – chosen by an expert investment board – all directly support the council’s mission to drive up skill levels and make the city a healthier, wealthier, safer, greener, cleaner and fairer place.

    Councillor Jane Ashworth, Leader of Stoke-on-Trent City Council, said: “This extra UKSPF funding gives us a fantastic opportunity to work with residents, businesses and community organisations to benefit the city as a whole and build on the work of the last two years.

    “It is a mix of funding the continuation of successful ongoing projects, which are making a real difference, and providing a boost to a range of new initiatives.”

    In 2023, the city council secured almost £9.5 million from the UKSPF to support key initiatives over a two-year period.

    Around £3 million was allocated to a number of priority projects to help tackle key issues within the city; while £6 million was awarded to businesses and local groups.

    MIL OSI United Kingdom –

  • MIL-OSI: Enovix Appoints Ryan Benton as Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., April 17, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX), a global high-performance battery company, announced the appointment of Ryan Benton as Chief Financial Officer (CFO). Mr. Benton brings over three decades of financial leadership experience. He previously held key roles at ASM International and served as CFO for multiple public companies including Silvaco and Exar Corporation.

    Enovix CEO Dr. Raj Talluri added, “Ryan’s experience and transparent communication style make him an ideal leader for our finance organization and a strong voice in conveying our strategy to investors. As we get closer to achieving our top objective of commencing smartphone battery mass production, customer demand is solidifying, and we expect to see an important consumer product launch by the end of the year.”

    Chairman T.J. Rodgers said, “Ryan Benton is the best CFO candidate I’ve interviewed in a couple of years. He understands that investor candor is the best course, even if you have some disappointment to report. For example, he would have said about our recent Korean acquisition: We bought the second half of a well-run Korean company (Routejade) for a great price, and they will make our anode and cathode electrode sheets much cheaper and with higher quality than our current suppliers. With the turmoil in tariffs right now, we have a very competent Korean supplier that is capable of adding millions in profitable revenue — an unexpected bonus.”

    “I am thrilled to join Enovix,” said CFO Ryan Benton. “AI is transforming the consumer electronics industry and putting immense pressure on battery suppliers. Enovix is poised to rise to this challenge with its breakthrough architecture for silicon-anode batteries, semiconductor manufacturing culture and deep customer relationships.”

    Ryan’s first public appearance as Enovix CFO will be during the company’s first quarter 2025 earnings call on Wednesday, April 30, after the close of the market. To join the call, participants must use the following link to register: https://enovix-q1-2025.open-exchange.net/. This link will also be available via the Investor Relations section of Enovix’s website at https://ir.enovix.com. Investors may also submit questions on the registration page that they would like addressed on the call by Enovix management. Mr. Benton will also represent Enovix at the J.P. Morgan Global Technology, Media and Communications Conference in Boston on May 14 and the William Blair Growth Stock Conference in Chicago on June 4.

    About Enovix
    Enovix is on a mission to deliver high-performance batteries that unlock the full potential of technology products. Everything from IoT, mobile, and computing devices, to vehicles and headsets, needs a better battery. The company has developed an innovative, materials-agnostic approach to building a higher performing battery without compromising safety, and it partners with OEMs worldwide to usher in a new era of user experiences.

    Enovix is headquartered in Silicon Valley with facilities in India, Korea and Malaysia. For more information visit www.enovix.com and follow the Company on LinkedIn.

    Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of federal securities laws, including but not limited to statements regarding the Company’s future performance, market opportunities driven by artificial intelligence, growth strategy, anticipated product launches and customer product commercialization plans, cost and quality improvements from supply chain initiatives, and the impact of executive leadership. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Factors that may cause such differences include, among others, those described in our filings with the Securities and Exchange Commission, including our most recent annual and quarterly reports. Enovix undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this release.

    Investor Contact:
    Enovix Corporation
    Robert Lahey
    Email: ir@enovix.com   

    Media Contact:
    Bateman Agency for Enovix
    Kaelyn Attridge
    Email: enovix@bateman.agency

    The MIL Network –

  • MIL-OSI: VERB Closes Acquisition of AI Video Commerce Platform Lyvecom in a Deal Valued at Up to $8.5 Million

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS and LOS ALAMITOS, Calif., April 17, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the ”Company”), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today announces that the Company, Lyvecom, Inc. (“Lyvecom”) and the shareholders of Lyvecom entered into a definitive Stock Purchase Agreement dated April 11, 2025 (the “Purchase Agreement”) to acquire all of the outstanding capital stock of Lyvecom (the “Acquisition”). The Acquisition closed on April 11, 2025. The purchase price paid for the shares of capital stock of Lyvecom was $3,000,000 in cash, the repayment of $1,125,000 to certain investors in Lyvecom’s Simple Agreement for Future Equity (S.A.F.E.) instruments, the payment of $100,000 to a Lyvecom related party to satisfy an existing loan to Lyvecom, and the issuance of 184,812 restricted shares of the Company’s common stock (the “Restricted Shares”) having a value of $1,000,000 on the closing date based on a 30-day volume weighted average price of approximately $5.41 per share. The Restricted Shares are subject to a lock-up agreement and a leak-out agreement. The Purchase Agreement also provides for an earn-out payment to the Lyvecom Shareholders of up to an additional $3,000,000 in cash over a 24-month earn-out period based on Lyvecom’s achievement of various performance metrics.

    The Acquisition was undertaken by VERB management in order to better position its MARKET.live platform for the accelerating revenue growth it is now experiencing and for the anticipated massive industry-wide global growth of the sector in which the Company operates. According to a recent March 2025 industry report,1“The Global Online Video Platforms market is expected to be worth around USD 117.35 Billion by 2034, up from USD 12.4 Billion in 2024. It is expected to grow at a CAGR of 25.20% from 2025 to 2034.”

    A True Omnichannel Approach to Social Commerce
    The integration of LyveCom’s technology into Verb’s MARKET.live is expected to allow brands and merchants to deliver a true omnichannel livestream shopping experience across their own websites, apps, and social platforms while leveraging MARKET.live’s new AI-powered video content automation and personalized shopping experiences.

    Today’s brands are beholden to big social media and their ever-changing algorithms, relying heavily on their platforms and closed marketplaces to maintain access to a borrowed audience. With this acquisition and technology integration, MARKET.live will be able to offer brands full control over their audience, content, and conversions while funneling zero-party customer data back to the brand. With one-click, simulcasting brands and merchants will be able to instantly scale the broadcast of live shopping events across their own ecommerce sites and apps, marketplaces, and social platforms, maximizing audience reach and engagement while maintaining unified checkout and unified inventory management and control.

    “The future of commerce is livestreaming and shoppable video content, yet 40% of consumers hesitate to make purchases through social media due to worries about how their personal information is handled,” said Maxwell Drut, Co-Founder and CEO of LyveCom and incoming Chief Technology Officer at MARKET.live. “Likewise, there is a reluctance by many brands to give up control over their customer data when outsourcing their entire social commerce implementation to a third-party social media platform. With this integration we’re giving power back to the brands with a true omnichannel approach that connects all their channels while retaining full control over their audience, content, and conversions and allowing their customers to engage directly with the brand while shopping wherever and however they are most comfortable.”

    Advantages for Both Brands and Consumers
    In addition to social commerce capabilities across multiple social platforms, MARKET.live will now also offer brands the ability to recreate the social commerce and livestreaming experience of shoppable content directly on the brand’s own websites and mobile apps which fosters more direct two-way communication and true brand affinity between the brand and the consumer. Consumers shopping directly on a brand’s website and mobile apps are protected by the brand’s privacy policy disclosure sharing exactly how it collects, uses, processes, discloses, and retains personal data when accessing brand’s owned websites, apps, and services. This new MARKET.live integration allows brands to have better control of the messaging and end-to-end user experience and purchase journey, integrating all the features that consumers are so accustomed to on social media.

    MARKET.live customers will also have access to LyveCom’s merchant playbooks on how to manage the ever-changing social algorithms to maximize livestreams and shoppable content experiences including how to better convert customers from a borrowed to an owned audience. New and expanded strategic partnerships with Tapcart, Shopify Shop App, Klaviyo, Recharge, and agency networks will expand MARKET.live’s footprint into mobile commerce and high-growth DTC brands. Brands will also benefit from an intelligent analytics hub that will provide in-depth insights into shopper behavior, enabling merchants to refine strategies and boost conversions.

    Leveraging AI for Future Growth
    The next-generation of social commerce capabilities are rooted in AI-powered video commerce, providing brands and merchants with the ability to future-proof their businesses by redefining how consumers discover, engage, and shop in a content-driven world. With this acquisition, VERB’s MARKET.live is expected to be able to offer a truly integrated, multi-platform solution including:

    • AI-Driven Video Commerce: Advanced AI capabilities will power real-time user-generated-content creation, automated video content repurposing, and AI-powered virtual live shopping hosts that are virtually indistinguishable from human hosts, capable of real-time audience engagement.
    • AI-Generated Video UGC: A proprietary AI model trained on tens of thousands of video commerce interactions that will automate content creation for brands.
    • AI-Powered Predictive Analytics and Automated Shoppable Content: Intelligent tools designed to optimize merchandising strategies and increase conversion rates.

    “Here’s why this deal matters and here’s why we believe it will generate meaningful shareholder value,” states Rory J. Cutaia, CEO of VERB – “Everyone chasing ecommerce today is trying to figure out how to drive an audience to their ecommerce sites – which as they all discover is very, very difficult. The technology we’ve integrated into our MARKET.live platform from this acquisition, and even more exciting tech integrations from this acquisition to come, allows the brands that engage and adopt our platform to stop trying to drive an audience to a single destination and instead meet their customers and potential customers wherever they already are, on whatever platform they are, enabling brands to provide an unmatched video shopping experience that enables them to better control their narrative and own their audience. And at the end of the day, “owning the audience” is what spells ecommerce success.”

    About VERB
    Verb Technology Company, Inc. (Nasdaq: VERB), is the innovative force behind interactive video-based social commerce. The Company operates three business units, each of which leverages its social commerce technology and video marketing expertise. The Company’s MARKET.live platform is a multi-vendor, livestream social shopping destination at the forefront of the convergence of e-commerce and entertainment, where brands, retailers, creators, and influencers engage their customers, clients, fans, and followers across multiple social media channels simultaneously. GO FUND YOURSELF is a revolutionary interactive social crowd funding platform and TV show for public and private companies seeking broad-based exposure across social media channels for their crowd-funded Regulation CF and Regulation A offerings. The platform combines a ground-breaking interactive TV show with MARKET.live’s back-end capabilities allowing viewers to tap, scan or click on their screen to facilitate an investment, in real time, as they watch companies presenting before the show’s panel of “Titans”. Presenting companies that sell consumer products are able to offer their products directly to viewers during the show in real time through shoppable onscreen icons. VANITYPrescribed.com and GoodGirlRx.com are telehealth portals, intended to redefine telehealth by offering a seamless, digital-first experience that empowers individuals to take control of their healthcare needs. They were designed and developed to disrupt the traditional healthcare model by providing tailored healthcare solutions at affordable, fixed prices – without hidden fees, membership costs, or inflated pharmaceutical markups. GoodGirlRx.com, a partnership with Savannah Chrisley, a well-known lifestyle personality and advocate for health and wellness, offers customers access to convenient, no-hassle telehealth services and pharmaceuticals, including the new weight-loss drugs, with fixed pricing regardless of dosage, breaking away from the industry’s traditional model of excessive pricing and pharmaceutical gatekeeping.

    The Company is headquartered in Las Vegas, NV and operates full-service production and creator studios in Los Alamitos, California.

    For more information, please visit: www.verb.tech

    Follow VERB and MARKET.live here:
    VERB on Facebook: https://www.facebook.com/VerbTechCo
    VERB on LinkedIn: https://www.linkedin.com/company/verb-tech
    VERB on YouTube: https://www.youtube.com/channel/UC0eCb_fwQlwEG3ywHDJ4_KQ

    Sign up for E-mail Alerts here: https://ir.verb.tech/news-events/email-alerts

    Forward-Looking Statements

    Statements contained in this press release that are not statements of historical fact are forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, these forward-looking statements can be identified by words such as “anticipate,” “designed,” “expect,” “may,” “will,” “should” and other comparable terms. Forward-looking statements include statements regarding Verb’s intentions, beliefs, projections, outlook, analyses or current expectations regarding: the integration of LyveCom’s technology into Verb’s MARKET.live allowing brands and merchants to deliver a truly omnichannel livestream shopping experience across their websites, apps, and social platforms while leveraging AI-powered video content automation and personalized shopping experiences; the acquisition and technology integration of MARKET.live + LyveCom enabling the offering of brands full control over their audience, content, and conversions while funneling zero-party customer data back to the brand; brands and merchants simulcasting and being able to instantly scale the broadcast of live shopping events across their own eCommerce sites and apps, marketplaces, and social platforms, maximizing audience reach and engagement while maintaining checkout and unified inventory management and control; the integration enabling giving power back to the brands with a true omnichannel approach that connects all their channels and allows consumers to engage directly with the brand while shopping wherever and however they are most comfortable; the integration allowing brands to have better control of the messaging and end-to-end user experience and purchase journey, integrating all the features that consumers are so accustomed to on social media; MARKET.live customers having access to LyveCom’s merchant playbooks on how to run and maximize livestreams and shoppable content experiences including how to convert customers from a borrowed to an owned audience; agency networks expanding MARKET.live’s footprint into mobile commerce and high-growth DTC brands; brands benefitting from an intelligent analytics hub that will provide in-depth insights into shopper behavior, enabling merchants to refine strategies and boost conversions; MARKET.live’s acquisition of LyveCom offering a truly integrated, multi-platform solution. You are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to a number of risks, uncertainties and assumptions, including, but not limited to: Verb’s ability to derive the anticipated benefits from the acquisition; the ability to successfully integrate LyveCom’s technology into Verb’s MARKET and the other risk factors and other cautionary statements included in Verb’s Annual Report on Form 10-K for the year ended December 31, 2024, and its subsequent filings with the Securities and Exchange Commission, including subsequent periodic reports on Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. All forward-looking statements made in this press release speak only as of the date of this press release and are based on management’s assumptions and estimates as of such date. Except as required by law, Verb undertakes no obligation to update or revise forward-looking statements to reflect new information, future events, changed conditions or otherwise after the date of this press release.

    1 MARKET.US – Published date: March 25 – Report ID: 143000 https://market.us/report/global-online-video-platforms-market.

    The MIL Network –

  • MIL-OSI: MAGFAST Raises More Than $10 Million Across Multiple Offerings on Netcapital

    Source: GlobeNewswire (MIL-OSI)

    Second Largest Total Amount Raised under Reg CF in Consumer Packaged Goods Industry per KingsCrowd

    BOSTON, MA, April 17, 2025 (GLOBE NEWSWIRE) — Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that MAGFAST, a charging device company, has raised more than $10 million through multiple offerings on the Netcapital funding portal platform.

    MAGFAST’s offering is available for a limited time on Netcapital.com. Investors can review offering details, risks, and disclosures by visiting https://netcapital.com/companies/magfast?utm_source=press-release&utm_medium=email&utm_campaign=magfast+press+release+4-25

    About MAGFAST

    MAGFAST designs and markets a suite of charging products for phones, tablets, and other personal electronics. The company’s modular system of wireless and wired chargers is aimed at improving convenience for everyday use at home and on the go. To date, MAGFAST has raised over $10 million through equity offerings and continues to expand its product offerings with an innovative system of charging products.

    About Netcapital Inc.

    Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company’s consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal, Inc. is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.

    Forward Looking Statements

    The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    Investor Contact

    800-460-0815 
    ir@netcapital.com

    The MIL Network –

  • MIL-OSI: Global Drone Market Projected to Reach $57.8 Billion By 2030 as Usage and Demands Soars

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., April 17, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Industry experts are predicting a bright spot of good news about the drone industry value in 2025. New estimates project that the global drone market will be worth $57.8 billion by 2030. That’s a huge increase from previous forecasts, which had the drone industry worth $40.6 billion in 2025. That’s according to a fresh report, dubbed the Drone Market Report 2025-2030. It’s put out by Drone Industry Insights, which is a German consulting group. DII has been putting out similar reports for years now — and this latest report starts by looking at the drone industry value in 2025. From there, it looks at where the commercial drone space is headed over the next five years. As it turns out, the numbers are bigger than experts previously expected. The report said: “So why is the forecast different (and better) than usual? After all, the consumer drone market has not been doing well. But as is the case with many industries, the money is in the business side — not the consumer side. And for the former, drones have become essential tools in industries like construction, agriculture, and energy. Plus, they are increasingly finding their way into fields like logistics (as evidenced by growing drone deliveries, and public safety. As it turns out, most people are making money in drones not by building them, but by actually operating them. The commercial services segment is by far the largest within the drone industry. That’s people who fly for everything from wedding photography to making advanced maps. There’s also increasing military use of small, portable drones. That’s evidenced by groups like Dignitas fighting the war in Ukraine with drones. “Drones as a service” is a broad, widely-encompassing segment, but nonetheless it’s expected to reach $29.4 billion by 2025.  Behind that is the drone hardware industry. In 2025, drone hardware is worth $6.7 billion — but it’s also the fastest-growing segment. That’s likely fueled by recent innovations in BVLOS (Beyond Visual Line of Sight) technology. It also has to do with growing trends like the proliferation of automated drone docking stations.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Draganfly Inc. (NASDAQ: DPRO), Red Cat Holdings, Inc. (NASDAQ: RCAT), Safe Pro Group Inc. (NASDAQ: SPAI), EHang Holdings Limited (NASDAQ: EH).

    The report continued: “Around the world, the number of global drone flights jumped 25% in 2024. Yes, takeoffs rose from an estimated 15.5 million to 19.5 million. Asia saw the most flights at 6.3 million, followed by North America (3.9 million) and Europe (3.8 million). We’ve seen this trend of Asian dominance in all sorts of facets of the industry… it’s impossible to ignore to China’s dominance in drone manufacturing. Of course, recent U.S. economic news around tariffs and free trade could upend this at any time. Just this month, China sanctioned a handful of companies, including some American drone companies. The retaliatory move is China’s way of hurting the U.S. drone industry — but it could also upend who really is the leader. Drone pilots around the world even wonder what the news — which on the surface only impacts the U.S. — could mean for prices and availability of drones for sale in their own countries (even if there isn’t a formal ban on DJI drones imposed on those countries). And with that, pay attention to the emerging role of Latin America and Africa. As drone accessibility improves and local ecosystems flourish, these regions could be the next big thing.”

    ZenaTech (NASDAQ:ZENA) to Showcase Drone as a Service (DaaS) and AI Drone Innovation for Commercial and Defense Markets at Two Premier Investor Conferences — D. Boral Capital Conference and Ladenburg Technology Innovation Expo25 – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that the company was invited and will participate at two prominent investor conferences next month: the D. Boral Capital Conference and the Ladenburg Thalmann Technology Innovation Expo.

    These high-profile investor events bring together a variety of institutional investors to explore cutting-edge technologies and investment opportunities. ZenaTech’s leadership team will present an overview of the company and engage in one-on-one meetings on the latest developments regarding its AI drone solutions for commercial and defense markets and the expansion of its Drones as a Service (DaaS) business model.

    Conference Details:

    D. Boral Capital Inaugural Global Conference: One of the most prestigious events for emerging growth issuers and institutional investors in the world, it showcases dynamic public and private companies across multiple sectors in an intimate setting. Approximately 75 presenting companies and hundreds of institutional investors are expected to attend. Date and Venue: May 14, 2025, The Plaza Hotel — 5th Avenue at Central Park South, New York, NY 10019

    Ladenburg Thalmann Technology Innovation Expo25: The Expo is a full-day event showcasing approximately 50 AI-driven technology companies through presentations, live demos, and one-on-one meetings. Designed to foster meaningful investor engagement, the conference brings together public company executives, institutional investors, and industry professionals. Date and Venue: May 21, 2025, Convene — 101 Park Avenue, New York, NY

    To book a one-on-one meeting with ZenaTech at one of these events, please refer to the conference website links. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, has recently said that it has successfully closed the previously announced registered direct offering with certain institutional investors for the purchase and sale of 4,724,412 shares of common stock resulting in gross proceeds of approximately $30 million, before deducting placement agent fees and other offering expenses. The offering closed on April 11, 2025.

    “We believe this financing positions Red Cat for significant growth in the drone industry focused on aerospace and defense technologies, establishing Red Cat as one of the fastest growing drone companies based in the United States,” said Jeff Thompson, Founder, Chairman and Chief Executive Officer of Red Cat.

    EHang Holdings Limited (NASDAQ: EH), the world’s leading urban air mobility (“UAM”) technology platform company, recently announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) on April 15, 2025. The annual report can be accessed on the Company’s investor relations website at http://ir.ehang.com/ and on the SEC’s website at https://www.sec.gov/.

    The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s Investor Relations Department at ir@ehang.com.

    Draganfly Inc. (NASDAQ: DPRO), an industry-leading developer of drone solutions and systems, recently announced that it has been selected by SafeLane Global Ltd. (“SafeLane”) as its preferred unmanned aerial systems (UAS) and aerial survey provider.

    SafeLane, a world-renowned specialist in explosive threat mitigation, is one of only two private organizations licensed by the Ukrainian Ministry of Defense to conduct landmine and explosive ordnance clearance operations in Ukraine. With over 30 years of experience across more than 60 countries, SafeLane supports governments, humanitarian organizations, and commercial clients in the clearance and disposal of landmines, unexploded ordnance (UXO), and explosive remnants of war (ERW), both on land and underwater.

    Under the agreement, Draganfly will provide advanced drone solutions, including UAVs, specialized sensors, and data analysis services, to support SafeLane’s global mine action initiatives. The collaboration aims to enhance the speed, accuracy, and safety of explosive threat detection and removal operations in high-risk environments.

    Safe Pro Group Inc. (NASDAQ: SPAI), a leading provider of artificial intelligence (AI)-driven security solutions, recently announced that its white paper, “Drone-Based AI for Landmine and UXO Detection and Mapping” has been accepted for presentation at the Annual Symposium on the Application of Geophysics to Engineering and Environmental Problems (SAGEEP) 2025 event hosted by The Environmental and Engineering Geophysical Society (EEGS). The paper showcases the Company’s patented, artificial intelligence (AI)-powered, drone-based imagery analysis technology’s application in the rapidly growing defense and humanitarian sectors.

    SAGEEP is a premier international conference focusing on the near surface, where practitioners, academics, researchers, consultants, students, and government representatives gather to hear presentations or view posters representing the latest in new approaches and methods in environmental and engineering geophysics. The technical program will also incorporate special sessions planned in Future of Geophysics- Innovative Geophysics and Engineering (FOG), Unmanned Vehicles and Drones, Geophysics for Archaeology and Forensics, GPR Platforms and case studies, HVSR, and Underwater Munitions Response Operations.

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    The MIL Network –

  • MIL-OSI: One Stop Systems CEO and Chairman Issue Letter to Shareholders

    Source: GlobeNewswire (MIL-OSI)

    ESCONDIDO, Calif., April 17, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (“We”, “OSS” or the “Company”) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today issued a shareholder letter, which reviews the progress it made in 2024 and the Company’s expectations for 2025.

    Dear Fellow Shareholders

    We are excited to share the progress we made in 2024 and the opportunities ahead to profitably grow our business and create significant value for our shareholders. 2024 was a transformative year for OSS. We successfully executed a strategic transition that not only reshaped our business, but we also believe positioned us at the forefront of one of the most dynamic and rapidly growing markets—high-performance edge compute (HPeC) for AI, machine learning (ML), autonomy, and sensor fusion at the edge.

    Our ability to adapt and innovate fueled sequential revenue growth for every quarter of 2024, expanded our order volumes, and strengthened our sales pipeline. As demand for intelligent, real-time processing continues to grow across industries—from defense to aerospace to industrial and commercial applications—OSS is well positioned to capitalize on these powerful market trends.

    Since joining in June 2023, I have talked about a multi-year strategy aimed at producing significant growth within our OSS segment. Our efforts have been focused on three phases. During 2023 we successfully executed our first phase and strengthened our foundation by adding new management and board talent, and pivoting our strategy to pursue higher-margin, higher-growth opportunities across defense and commercial markets. These efforts developed a comprehensive go-to-market strategy, rebuilt our sales pipeline to over $1 billion, and reduced our exposure to legacy low margin, non-core markets.

    With a proper foundation in place to support a larger business, throughout 2024 we executed against our second phase of transformation aimed at converting our pipeline to orders and increasing our competitive position more broadly across defense markets.

    Looking at the progress of our second phase, during 2024 we created a new customer funded development revenue stream to provide more integrated solutions to our customers and establish OSS as a platform incumbent on large, multi-year programs. We believe these efforts will provide meaningful benefits to our business over the long term by contributing a higher mix of predictable recurring revenue and multi-year backlogs.  

    Customer funded development revenue grew by 118% in 2024 to $3.7 million. While still small numbers, this growth highlights our initial efforts to pursue programs that establish OSS in an incumbent position on key military and commercial applications. Development relationships are expected to take one to two years before leading to production orders. As a result, we expect certain development programs that we worked on during 2024 to transition to orders and sales in 2025. This includes commercial applications in datacenter, healthcare, and aerospace markets, combined with multiple opportunities across the U.S. Department of Defense.

    Throughout 2024, we also experienced greater adoption within our OSS segment from both defense and commercial end markets. We continue to experience high levels of interest in our solutions and increasing requests for information, proposals and white papers, as customers look for technology partners like OSS to support their expanding and highly specialized needs. These trends helped grow our customer base and broaden our customer concentration during the year.

    OSS segment growth in our defense market was from new and existing programs. We experienced demand from several programs within the U.S. Army, a renewal for the U.S. Navy P-8 program, a new HPeC solution for a U.S. intelligence agency and a new design win with a leading defense contractor in Asia for an autonomous maritime application.

    Within the defense market, we continue to work on a rugged 360-degree Situational Awareness system for the U.S. Army. If the Army chooses to fund and field this system across one or multiple combat vehicles, we estimate the value of such an opportunity could exceed $200 million in production orders over a three-to-five-year period with additional opportunities for follow on logistics, support and tech refresh options

    In our commercial end market, we experienced customer demand for our solutions from several sectors, including motorsport, autonomous trucking, commercial aerospace, and, importantly, the datacenter markets. We are pursuing a potential $200 million multi-year pipeline opportunity to provide our solutions within the composable infrastructure/datacenter market. In 2024, we announced an initial contract for 100 units with a datacenter customer. We expect our best-in-class solution will expand to multiple customers in 2025, leading to increased revenue potential for 2025 and beyond.

    While the U.S. Army Situational Awareness or composable infrastructure/datacenter opportunities remain subject to fielding and funding decisions, they represent transformative opportunities that we are pursuing to significantly transform our OSS segment

    Finally, after a weaker economy in Europe in 2024, our Bressner segment is off to a good start in 2025 with anticipated rising demand throughout the year. Our embedded position remains strong with our customers, and the programs we have pursued are aligned with our customers’ priorities. As a result, we currently expect the 2025 annual book-to-bill ratio for our OSS segment to be on the order of 1.2x. We believe a higher expected book-to-bill for 2025, on a base of higher annual revenue, showcases accelerating momentum underway for our HPeC and enterprise class compute solutions.

    We anticipate consolidated revenue of $59 to $61 million for the full year of 2025. This includes expected OSS segment revenue of approximately $30 million, representing over 20% year-over-year growth in the OSS segment. In addition, the Company expects to be EBITDA break-even for the full year of 2025. It is important to note that we expect revenue and profitability to improve at a higher rate in the second half of 2025 based on current trends and our expanding sales pipeline.

    Our solutions remain in demand and our opportunities across our commercial and defense markets are only increasing, despite recent economic and trade policies that have increased the level of global economic uncertainty over the near term. We are monitoring the potential impact tariffs may have on our supply chain. In addition, we are beginning to see opportunities emerge as certain of our product lines, specifically in our commercial markets, have the potential to be more competitive against foreign competition.

    As we enter the third year of our transformation, we are proud of our team and what we have accomplished so far and are excited to enter this next phase of accelerating growth and improving profitability.

    We believe the investments we made in 2023 and 2024 have established a solid foundation for scaling our business and capturing transformative revenue opportunities. We believe we have the right products, the right team, and the right strategy to meet the increasing demand for rugged, enterprise-class computing solutions across defense and commercial markets.

    On behalf of the OSS team and Board of Directors, we extend my sincere appreciation to our employees for their dedication, our customers for their trust, and our shareholders for their continued support. Our commitment remains steadfast: to deliver innovative solutions, drive sustainable growth, and enhance shareholder value.

    Respectfully,

    Mike Knowles
    President and CEO

    Ken Potashner
    Chairman

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    OSS cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Forward-looking statements include statements regarding OSS’ expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “continue,” “estimate,” “expect,” “intend,” “may,” “should,” “will” and “would” or similar words. Forward-looking statements include, without limitation, statements regarding future financial and operating results, OSS’ plans, objectives, expectations and intentions, and other statements that are not historical facts. These statements are based on OSS’ current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by OSS or its partners that any of our plans or expectations will be achieved, including but not limited to, our ability to expand our product offerings and further penetrate our target markets, future demand for AI/ML integrations, and our business strategies. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network –

  • MIL-OSI Global: Television wasn’t the death knell for cinema – and that holds lessons for the creative industries and AI

    Source: The Conversation – UK – By Mark Fryers, Lecturer in film and media, The Open University

    KitohodkA/Shutterstock

    As television grew rapidly in popularity in the second half of the 20th century, many people assumed it would cause a knock-on crisis for the film industry. After all, it meant that viewers no longer had to leave their sofas to enjoy onscreen entertainment.

    But the reality was far more nuanced. The “death of cinema” has been habitually touted ever since the introduction of the TV, but never really came to pass. Instead, cinema found ways to work with new competition through technological innovation, aesthetic invention and engaging with challenging subject matters.

    Today, lessons from the introduction of TV demonstrate how the creative industries have navigated the introduction of new technology. And could offer some comfort to those who fear that artificial intelligence (AI) technology could be a death knell for the creative industries.

    This article is part of our State of the Arts series. These articles tackle the challenges of the arts and heritage industry – and celebrate the wins, too.

    As far back as 1938, long before its widespread popularity, film production company Paramount Studios sought to break into television. It made significant investment in DuMont Laboratories, which evolved into a pioneering commercial TV network.

    Other studios followed suit and experimented with “live cinema”. This was a form of entertainment in which broadcast images, including sporting events, were converted into 35mm film and projected onto cinema screens, and it was made throughout the 1940s.

    The “Paramount decrees” antitrust case issued by the US Supreme Court in 1948 ended the monopolistic practices of the studios, which precluded them from owning broadcast companies in favour of the radio networks. They were also ordered to sell their cinema chains, which meant that their films no longer had guaranteed screenings to the public.

    Nevertheless, they continued to form television production companies, with Columbia establishing Screen Gems in 1951 and Paramount reinvesting in the ABC network in 1952. By the 1960s, the majority of prime-time television programming was provided by Hollywood studio companies. These close ties fostered a mutually beneficial relationship.

    Cross-pollination

    After the break-up of the studios, many studio personnel found work in the television industry. It provided a training ground for future cinema stars, including as Steven Spielberg, George Clooney and John Travolta. Studios could also rent out their studios and facilities to television production companies.

    The “star system” (in which the popularity of film stars had always driven the commercial potential of cinema) was now complimented by the exposure of these stars on television programmes.

    Jaws was advertised across TV channels.
    Wiki Commons, CC BY-SA

    Many studios began using TV to advertise their films. For example, Disneyland TV programmes helped to advertise the Disney studio and its cinematic products as distinct from television. And film trailers became another important conduit for cinema advertising. The summer blockbuster era was ushered in by Jaws in 1975 with blanket advertising on every prime-time TV show.

    When early television schedules lacked enough new content to fill the airwaves, British cinema and cheap films and serials (a series of short films with cliffhanger endings; an early progenitor of television series) from the smaller Hollywood studios filled the early schedules.

    Other studio executives took note that their back catalogues of film, which mainly sat untouched in vaults, were a financial goldmine that could be ploughed back into film production and technological development. MGM, which owned titles including perennial favourite The Wizard of Oz, which CBS reserved exclusive rights to screen for 20 years, from August 1956 US$34 million (£12 million) for its titles, while Paramount held out for US$50 million (£17.8 million). Screening rights were sold to the television networks.

    As a result, television became the primary conduit for film viewing. Subsequently, more films were seen on television than on the big screen. There were 3.4 billion film viewings on UK TV in 2013 compared with 165 million cinema admissions – these are now shared with streaming and on demand services. Something had to be done to keep people going to the cinema.

    Technical and aesthetic innovation

    In attempting to preserve the experience of the big screen, widescreen, 3D and multi-track sound systems were introduced to cinemas. The move to standardised colour film accelerated, while extended film length attempted to link the cinematic experience with “high culture” such as the theatre and opera, with overtures and intermissions.

    While many were seen as gimmicky (such as “smell-O-vision” in Scent of Mystery, 1960), widescreen filming became the aesthetic choice of filmmakers, producing epic canvasses and an alternative viewing experience to the small television screen.

    A trailer for A Scent of Mystery and its ‘smell-o-vision’ marketing.

    Although many of these technologies dated back to the 1920s, small-screen competition drove technological and aesthetic innovation, and was partly financed by the tele-visual licensing of their films. Alongside these innovations, the content of the films themselves offered a demonstrable alternative to the small screen.

    By the late 1960s, Hollywood had essentially broken free from the self-imposed censorial strictures of the Hay’s production code, which regulated everything from language to interracial relationships. Instead, film-makers had absorbed the influences of documentary, avant-garde and the French New Wave, among others, as well as the rock n’ roll and counterculture movements to make bold and controversial films, such as Who’s Afraid of Virginia Woolf? (1966) and Easy Rider (1969).

    The topics and levels of sex and violence portrayed in these films were unthinkable within the heavily regulated family and advertiser-friendly television industry.

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

    Director Alfred Hitchcock made the most of this distinction between mediums. He utilised the agile tele-visual working crew of his TV series Alfred Hitchcock Presents (1955) for the taboo-bothering horror film Psycho in 1960, suggesting that the two mediums could be related but also divided by content. This, along with the aesthetic innovations helped to elevate cinema artistically in relation to the small screen.

    And so the AI era dawns. The writers and actors strike of 2023 showed that the creative industries are ready to fight for their survival. Adaptability, as Hollywood has demonstrated throughout its history, can also be the key to continued success.

    Dr Mark Fryers received funding from the Arts and Humanities Research Council (MA & PhD funding, 2011-2015).

    – ref. Television wasn’t the death knell for cinema – and that holds lessons for the creative industries and AI – https://theconversation.com/television-wasnt-the-death-knell-for-cinema-and-that-holds-lessons-for-the-creative-industries-and-ai-250227

    MIL OSI – Global Reports –

  • MIL-OSI Economics: China’s tech self-reliance accelerates amid sanctions, reshaping global innovation landscape, says GlobalData

    Source: GlobalData

    China’s tech self-reliance accelerates amid sanctions, reshaping global innovation landscape, says GlobalData

    Posted in Strategic Intelligence

    Geopolitical tensions and domestic challenges are accelerating China’s push toward technological self-sufficiency. As US sanctions intensify, China is doubling down on innovation across artificial intelligence (AI), semiconductors, robotics, and 5G. Strategic investments in critical minerals, digital infrastructure, and automation are positioning China to lead the next industrial revolution, reshaping global supply chains and creating a parallel tech ecosystem independent of Western influence, observes GlobalData, a leading data and analytics company.

    GlobalData’s latest Strategic Intelligence report, “China Tech,” discusses the issue of whether China will lead the world into the Fourth Industrial Revolution by 2030, spurred towards greater self-reliance by the imposition of increasingly stringent US tariffs and sanctions. It looks at how things may play out for China in 14 of the key next-generation technology markets, namely semiconductors, 5G, robotics, consumer electronics, electric vehicles and energy storage, space technology, military technology, high-performance computing, biotechnology, alternative energy, autonomous vehicles, AI, smart cities, and internet platforms

    Isabel Al-Dhahir, Principal Analyst, Strategic Intelligence at GlobalData, comments: “One of China’s most prescient early moves was its upstream investment in mining and processing various critical minerals. This strategic decision has allowed the country to secure a pivotal position in global supply chains. China has seen consolidation of its midstream and downstream capabilities through investment into end-use products and the build-out of digital infrastructure to support the evolution of emerging technologies”.

    Beyond the influence of US restrictions, China’s technological landscape has been significantly molded by internal factors, particularly its aging demographics and contracting workforce. In response, China has championed using robots to mitigate the impact of these demographic challenges. The International Federation of Robotics (IFR) reports that, as of 2023, China boasts 470 robots per 10,000 workers—a figure that has doubled since 2019, placing it third in the global rankings, just behind South Korea and Singapore. Both of these nations are similarly grappling with the implications of aging populations.

    Al-Dhahir continues: “AI and robotics are central to China’s growth strategy. China is the world’s manufacturing hub but faces rising labor costs and a shrinking labor force. Japan dominates the robotics supply-side market. However, China has articulated objectives to strengthen its home-grown R&D.”

    Another item high on China’s agenda is the further development and deployment of 5G networks and, by the late decade, the creation of almost zero-latency 6G wireless networks. This vision includes deploying a vast number of connected devices enhanced by real-time sensor data, leading to the creation of ultra-smart cities and digital ecosystems.

    Al-Dhahir concludes: “China is engaged in every significant technological frontier of the 21st century. The attempts to impede its advancement have, paradoxically, only hastened its progress. For some time, China has sought to expand its influence across developing markets, financing infrastructure projects and making recipient countries dependent on its technologies. This trend will likely continue, with further fragmentation of global supply chains and even the creation of separate technospheres with competing standards.”

    MIL OSI Economics –

  • MIL-OSI United Nations: IOM, University of Pennsylvania Partner to Harness Innovation for Global Migration Challenges

    Source: International Organization for Migration (IOM)

    Berlin/Philadelphia 17 April 2025 – The International Organization for Migration (IOM) and the Penn Development Research Initiative (PDRI/DevLab@Penn) at the University of Pennsylvania today announced a new partnership aimed at leveraging data and technology to address pressing global migration issues. This collaboration will focus on innovative approaches to data analysis, using cutting-edge tools to enhance understanding of migration dynamics and inform effective solutions. 

    IOM and PDRI/DevLab@Penn will combine their extensive expertise in data and research methodologies. By integrating advanced technologies such as machine learning and artificial intelligence, the institutions aim to improve the analysis of global migration trends and provide actionable insights. 

    “Through this exciting new partnership with the University of Pennsylvania, IOM will be able to harness innovative technologies to act quickly and in more targeted ways. Combatting smuggling and trafficking and anticipating displacement before it happens are just some of the ways we can put these advanced technologies to use,” said IOM Director General Amy Pope.  

    “Our research is so much better when we have partners like IOM. We have jointly developed an ambitious learning agenda that aims to tackle human trafficking networks, the impact of climate on migration at a granular scale, and the use of machine learning to forecast forced displacement. We are extremely excited to be working with IOM,” said Erik Wibbels, Co-director of PDRI/DevLab@Penn. 

    This partnership will help develop global datasets and new techniques to evaluate the impact of migration policies and programs. The initiative also emphasizes the importance of ethical practices in data collection and analysis, and as it adheres to strict privacy and legal frameworks, the collaboration aims to balance the need for actionable insights with safeguarding human rights. 

    The partnership will be formally launched on Friday, April 18 at an event hosted by Perry World House, IOM, and PDRI/DevLab@Penn as part of the Perry World House conference, “From Migrant to Mainstay: Safeguarding Human Rights after the Journey”.  
     

    Register to the event launch here. 

    Note to Editors: 

    About IOM’s commitment to data: 

    IOM is dedicated to advancing the collection, analysis, and dissemination of migration data to improve policy-making and humanitarian response. IOM is the pre-eminent source of migration and displacement data worldwide. Learn more:  https://www.iom.int/migration-data  

    About PDRI/DevLab@Penn: 

     PDRI/DevLab@Penn, housed at the University of Pennsylvania, is a leading hub of innovation in the application of AI and machine learning for international development. Its mission is to advance research and foster impactful programming worldwide. Learn more: https://pdri-devlab.upenn.edu/about-us/ 

    For more information, please contact: 

    In Berlin: Andi Armia Pratiwi, IOM, Email: apratiwi@iom.int 

    In Washington: Stacey Cohan, IOM, Email: scohan@iom.int  

    MIL OSI United Nations News –

  • MIL-OSI: authID Joins the Secure Technology Alliance to Advance the Development of Global Identity Standards Across Authentication Technologies

    Source: GlobeNewswire (MIL-OSI)

    This membership underscores commitment to enhancing data protection and user privacy through industry collaboration

    DENVER, COLORADO, April 17, 2025 (GLOBE NEWSWIRE) — authID® (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced its membership in the Secure Technology Alliance (STA), a prominent industry association dedicated to promoting the understanding, adoption, and widespread application of secure solutions, including smart cards, embedded chip technology, and related hardware and software.

    The Secure Technology Alliance serves as a neutral forum that brings together leading providers and adopters of end-to-end security solutions designed to protect privacy and digital assets across various sectors, including payments, identity, access, healthcare, mobile, and IoT applications. authID’s membership underscores the critical role that biometric identification and continuous authentication serves for security protocols across a wide variety of industries.

    “Joining the Secure Technology Alliance aligns perfectly with our mission to deliver innovative and secure biometric authentication solutions,” said Rhon Daguro, CEO of authID. “We are eager to collaborate with industry leaders within the STA to drive the adoption of secure technologies that protect identities and data.”

    authID’s biometric identity verification and authentication solutions ensure enterprises “Know Who’s Behind the Device” for every customer or employee login and transaction, while prioritizing privacy and compliance at every step along the journey. Through its leading platform including Proof, Verified, and the groundbreaking PrivacyKey™, authID provides seamless and easily integrated services that verify a user’s identity and prevent cybercriminals from compromising account openings or taking over accounts.

    In combining secure digital onboarding and biometric authentication with a fast, accurate, user-friendly experience, one-in-one-billion false-match accuracy and PrivacyKey’s groundbreaking protocol that saves no biometric data whatsoever, authID provides enterprises and end users with peace of mind regarding data access and storage.

    “We are delighted to welcome authID as a member of the Secure Technology Alliance,” said Christina Hulka, Executive Director of the Secure Technology Alliance. “Our members are the backbone of our organization. We look forward to seeing how authID taps into its unique perspectives on biometric authentication and commitment to compliant identity verification to collaborate with fellow members across the technology landscape. Together, the Alliance can advance secure solutions and shape the future of secure digital identity.”

    The Secure Technology Alliance offers its members opportunities to participate in working committees, access educational resources, and engage in events that provide insights into the latest developments in secure technologies. As a member, authID will contribute to initiatives that promote the adoption of secure solutions across various industries.

    “Our membership with the STA represents a significant step forward in our commitment to enhancing data protection and user privacy,” said Erick Soto, Chief Product Officer of authID. “We look forward to contributing to the development of best practices and standards that will shape the future of secure authentication technologies.”

    For more information about the Secure Technology Alliance, visit their website at https://www.securetechalliance.org/.

    About authID
    authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented biometric identity platform. authID powers biometric identity proofing in 700ms, biometric authentication in 25ms, and account recovery with a fast, accurate, user-friendly experience. With our ground-breaking PrivacyKey Solution, authID provides a 1-to-1-billion false match rate, while storing no biometric data. authID stops fraud at onboarding, blocks deepfakes, prevents account takeover, and eliminates password risks and costs, through the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem.

    About Secure Technology Alliance
    The Secure Technology Alliance is the digital security industry’s premier association. By collaborating on education and guidance, the Alliance helps enable efficient, timely and effective implementation of large-scale, disruptive technologies. Its U.S. Payments Forum is the only non-profit organization bringing together merchants, issuers, payment networks, acquirers, processors and technology makers on neutral ground to develop resources for the betterment of the payments industry. The Alliance is also strengthened by its Identity and Access Forum which is dedicated to advancing the adoption and development of secure identification, including physical and digital technologies. This includes mobile drivers’ licenses, access control and various forms of identity authentication. For more information on the Alliance’s activities, please visit https://www.securetechalliance.org.

    Media Contacts

    NextTech Communications
    Walter Fowler
    1-631-334-3864
    wfowler@nexttechcomms.com

    Investor Relations Contacts
    Investor-Relations@authid.ai

    The MIL Network –

  • MIL-OSI: Nametag Launches Adaptive e-ID Verification™, Integration with India’s Aadhaar National Digital Identity System

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, April 17, 2025 (GLOBE NEWSWIRE) — Nametag, the identity verification platform known for pioneering Deepfake Defense™ and Adaptive Document Verification™, today expanded its global leadership with the launch of Adaptive e-ID Verification™, a new capability that enables people to verify their identity using their government-issued digital ID (e-ID) in place of a physical identity document. The feature debuts with a direct integration with Aadhaar, India’s national digital identity system, offering a seamless, document-free identity verification experience for people located in India.

    Nametag’s mission is to protect people and their accounts against impersonation through trusted, accessible identity verification. This new feature combines the speed and familiarity of Aadhaar with the security and assurance of Nametag’s Deepfake Defense™ engine to protect Indian residents from bad actors armed with generative AI and other emerging tools.

    Protecting Over 1 Billion Aadhaar Holders with Deepfake Defense™

    Aadhaar, maintained by the Unique Identification Authority of India (UIDAI), is one of the most widely adopted digital identity systems in the world. As of July 2022, more than 99.9% of Indian adults had an Aadhaar ID number. Critically, Aadhaar records include a trusted profile photo, which Nametag uses to match against a user’s live selfie, eliminating the need for physical ID capture while maintaining Nametag’s industry-high standard for identity assurance.

    While Aadhaar provides a trusted, government-issued photo, Nametag’s technology ensures that the person completing the verification flow is the legitimate Aadhaar account holder. This integration marks the first time a digital ID system as widely adopted as Aadhaar has been paired with Deepfake Defense™ identity verification, enabling organizations to verify employees and customers in India with unmatched speed and trust.

    A New Standard for Secure, Document-Free Identity Verification

    Organizations using Nametag can now securely verify over 1 billion employees and customers in India without requiring them to scan a physical ID.

    Nametag’s approach reduces friction for users in India while ensuring that every verification is protected against impersonation attempts. Users simply enter their Aadhaar number, validate a one-time passcode (OTP) sent to their Aadhaar-linked phone number, and complete a Spatial Selfie™—a unique biometric likeness and liveness check developed by Nametag to combat AI-generated deepfakes and other sophisticated impersonation attempts.

    Even if an attacker obtains an Aadhaar number and intercepts the associated OTP, they cannot pass the Spatial Selfie™ check, powered by Nametag’s Deepfake Defense™ engine.

    “The launch of Adaptive e-ID Verification with Aadhaar underscores Nametag’s commitment to continuous innovation in identity verification,” said Aaron Painter, CEO of Nametag. “By integrating with Aadhaar, we’re enabling organizations to deliver a more secure, seamless, and locally relevant verification experience for users in India. Adaptive e-ID Verification combines Nametag’s Deepfake Defense™ engine with Aadhaar’s digital identity ecosystem—giving global organizations new and greater capabilities to prevent fraud and improve user experiences.”

    This new feature is automatically enabled for organizations using Nametag to verify people in India. Nametag’s customers include major global enterprises that use the company’s solutions for workforce onboarding, account recovery, and helpdesk verification.

    To learn more, watch a demo video, or request a live demo, visit getnametag.com.

    About Nametag

    Nametag provides integrated identity verification and account protection solutions that prevent modern impersonation threats and streamline user experiences. Powered by Deepfake Defense™, Nametag detects and blocks sophisticated attacks which bypass other, outdated approaches to user verification, delivering the highest possible level of identity assurance. Nametag’s out-of-the-box solutions help enterprises secure their entire user account lifecycle, from onboarding through recovery, while ensuring compliance with the latest privacy standards. Security-conscious enterprises trust Nametag to protect their businesses and reduce IT and support costs. For more information, visit getnametag.com.

    Nametag Media Contact:

    Jennifer Schenberg
    PenVine for Nametag
    917-445-4454
    jennifer@penvine.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/043b3360-75af-4c7d-9b05-72aa6023c7c8

    The MIL Network –